Universal Technical Institute Balance Sheet Health
Financial Health criteria checks 4/6
Universal Technical Institute has a total shareholder equity of $222.2M and total debt of $156.1M, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are $732.4M and $510.2M respectively. Universal Technical Institute's EBIT is $33.5M making its interest coverage ratio 8.2. It has cash and short-term investments of $144.4M.
Key information
70.3%
Debt to equity ratio
US$156.12m
Debt
Interest coverage ratio | 8.2x |
Cash | US$144.36m |
Equity | US$222.19m |
Total liabilities | US$510.23m |
Total assets | US$732.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UTI's short term assets ($197.4M) exceed its short term liabilities ($181.9M).
Long Term Liabilities: UTI's short term assets ($197.4M) do not cover its long term liabilities ($328.3M).
Debt to Equity History and Analysis
Debt Level: UTI's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: UTI's debt to equity ratio has increased from 0% to 70.3% over the past 5 years.
Debt Coverage: UTI's debt is well covered by operating cash flow (36.6%).
Interest Coverage: UTI's interest payments on its debt are well covered by EBIT (8.2x coverage).