Ultralife Balance Sheet Health
Financial Health criteria checks 4/6
Ultralife has a total shareholder equity of $128.9M and total debt of $25.1M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are $180.6M and $51.6M respectively. Ultralife's EBIT is $13.5M making its interest coverage ratio 6.4. It has cash and short-term investments of $10.1M.
Key information
19.5%
Debt to equity ratio
US$25.14m
Debt
Interest coverage ratio | 6.4x |
Cash | US$10.10m |
Equity | US$128.95m |
Total liabilities | US$51.61m |
Total assets | US$180.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULB's short term assets ($94.3M) exceed its short term liabilities ($23.4M).
Long Term Liabilities: ULB's short term assets ($94.3M) exceed its long term liabilities ($28.2M).
Debt to Equity History and Analysis
Debt Level: ULB's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: ULB's debt to equity ratio has increased from 0% to 19.5% over the past 5 years.
Debt Coverage: ULB's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: ULB's interest payments on its debt are well covered by EBIT (6.4x coverage).