Universal Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Universal Electronics has a total shareholder equity of $161.2M and total debt of $39.9M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are $321.3M and $160.1M respectively.
Key information
24.7%
Debt to equity ratio
US$39.85m
Debt
Interest coverage ratio | n/a |
Cash | US$26.29m |
Equity | US$161.19m |
Total liabilities | US$160.07m |
Total assets | US$321.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UE1's short term assets ($237.3M) exceed its short term liabilities ($147.7M).
Long Term Liabilities: UE1's short term assets ($237.3M) exceed its long term liabilities ($12.3M).
Debt to Equity History and Analysis
Debt Level: UE1's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: UE1's debt to equity ratio has reduced from 33.6% to 24.7% over the past 5 years.
Debt Coverage: UE1's debt is well covered by operating cash flow (33.8%).
Interest Coverage: Insufficient data to determine if UE1's interest payments on its debt are well covered by EBIT.