United Net Debt To E B I T D A from 2010 to 2024

UFCS Stock  USD 30.60  0.68  2.27%   
United Fire Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
2.00539437
Current Value
2.11
Quarterly Volatility
4.23837551
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Fire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Fire's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Total Revenue of 635.1 M or Gross Profit of 634.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0214 or PTB Ratio of 1.26. United financial statements analysis is a perfect complement when working with United Fire Valuation or Volatility modules.
  
Check out the analysis of United Fire Correlation against competitors.

Latest United Fire's Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of United Fire Group over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). United Fire's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Fire's overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Pretty Stable
   Net Debt To E B I T D A   
       Timeline  

United Net Debt To E B I T D A Regression Statistics

Arithmetic Mean(0.06)
Geometric Mean1.37
Coefficient Of Variation(6,755)
Mean Deviation2.49
Median(0.86)
Standard Deviation4.24
Sample Variance17.96
Range17.691
R-Value(0.23)
Mean Square Error18.34
R-Squared0.05
Significance0.41
Slope(0.22)
Total Sum of Squares251.49

United Net Debt To E B I T D A History

2024 2.11
2023 2.01
2022 -2.03
2021 -0.77
2020 0.23
2018 -3.74

About United Fire Financial Statements

United Fire shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although United Fire investors may analyze each financial statement separately, they are all interrelated. The changes in United Fire's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Fire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 2.01  2.11 

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Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.