UFP Technologies Balance Sheet Health
Financial Health criteria checks 6/6
UFP Technologies has a total shareholder equity of $295.0M and total debt of $34.0M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are $407.7M and $112.7M respectively. UFP Technologies's EBIT is $61.8M making its interest coverage ratio 18.1. It has cash and short-term investments of $11.4M.
Key information
11.5%
Debt to equity ratio
US$34.00m
Debt
Interest coverage ratio | 18.1x |
Cash | US$11.37m |
Equity | US$295.02m |
Total liabilities | US$112.66m |
Total assets | US$407.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UFP's short term assets ($150.5M) exceed its short term liabilities ($52.4M).
Long Term Liabilities: UFP's short term assets ($150.5M) exceed its long term liabilities ($60.2M).
Debt to Equity History and Analysis
Debt Level: UFP's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: UFP's debt to equity ratio has reduced from 15.4% to 11.5% over the past 5 years.
Debt Coverage: UFP's debt is well covered by operating cash flow (147.8%).
Interest Coverage: UFP's interest payments on its debt are well covered by EBIT (18.1x coverage).