United Bankshares
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has United Bankshares's balance sheet done over the years? Its assets were worth $29,926,482,000 last year, which is more than in the previous period. 84% of United Bankshares’s total assets is currently financed by debt. Its liabilities reached the amount of $25,155,242,000, which means an increase by 1% compared compared to last year.

Debt to Assets

United Bankshares, Inc. (NASDAQ:UBSI): Debt to assets
2014 12328811000 10.67B 86.57%
2015 12577944000 10.86B 86.38%
2016 14508892000 12.27B 84.59%
2017 19058959000 15.81B 83%
2018 19250498000 15.99B 83.11%
2019 19662324000 16.29B 82.89%
2020 26184247000 21.88B 83.59%
2021 29328902000 24.61B 83.91%
2022 29489380000 24.97B 84.69%
2023 29926482000 25.15B 84.06%

UBSI Balance Sheet (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Assets
Current assets:
Cash and cash equivalents
1.59B1.17B3.75B2.20B837.49M1.02B1.66B1.43B857.33M753.06M
Short term investments
3.78B4.54B4.04B2.95B2.43B2.33B1.88B1.25B1.06B1.18B
Net receivables
111.42M94.89M64.51M66.83M58.08M60.59M52.81M39.4M35.80M32.33M
Inventory
00-3.83B-2.29B-911.09M00000
Other current assets
0-1.07M3.83B2.29B911.09M11.71B11.79B9.43B8.63B8.26B
Total current assets
4.15B5.81B7.86B5.22B3.33B15.13B15.40B12.16B10.59B10.22B
Non-current assets:
Property, Plant and Equipment
277.50M71.14M81.94M69.52M57.78M95.24M104.89M75.90M73.08M77.52M
Goodwill
1.88B1.88B1.88B1.79B1.47B1.47B1.47B863.76M710.25M709.79M
Intangible assets
4.55M39.91M47.55M47.87M29.93M36.94M44.98M22.95M17.84M21.26M
Long term investments
4.12B4.87B4.29B3.18B2.66B2.54B2.07B1.40B1.20B1.31B
Other non-current assets
26.15B-4.92B-102.83M-100.03M-58.81M-98.16M-113.24M-123.18M-17.84M-21.26M
Total non-current assets
32.45B2.15B6.31B5.10B4.23B4.11B3.65B2.34B1.98B2.10B
Total assets
29.92B29.48B29.32B26.18B19.66B19.25B19.05B14.50B12.57B12.32B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
0000000000
Short term debt
0160.69M128.84M142.3M374.65M351.32M0209.55M00
Total current liabilities
92.88M75.74M128.84M142.3M374.65M351.32M477.58M209.55M423.02M435.65M
Non-current liabilities:
Long term debt
1.88B2.27B904.09M937.58M1.89B1.49B1.51B1.17B1.07B1.05B
Deferred tax
0000000000
Other non-current liabilities
23.06B22.62B-904.09M-937.58M-1.89B175M14.30B-71.35M9.79B9.61B
Total non-current liabilities
24.94B24.89B904.09M937.58M1.89B1.67B1.51B1.12B1.07B1.05B
Total liabilities
25.15B24.97B24.61B21.88B16.29B15.99B15.81B12.27B10.86B10.67B
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