Universal Stainless & Alloy Products Balance Sheet Health
Financial Health criteria checks 6/6
Universal Stainless & Alloy Products has a total shareholder equity of $253.3M and total debt of $62.4M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are $371.5M and $118.3M respectively. Universal Stainless & Alloy Products's EBIT is $38.5M making its interest coverage ratio 4.9. It has cash and short-term investments of $1,000.0.
Key information
24.6%
Debt to equity ratio
US$62.39m
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$1.00k |
| Equity | US$253.25m |
| Total liabilities | US$118.26m |
| Total assets | US$371.51m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: US6's short term assets ($212.1M) exceed its short term liabilities ($48.5M).
Long Term Liabilities: US6's short term assets ($212.1M) exceed its long term liabilities ($69.8M).
Debt to Equity History and Analysis
Debt Level: US6's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: US6's debt to equity ratio has reduced from 26.8% to 24.6% over the past 5 years.
Debt Coverage: US6's debt is well covered by operating cash flow (59%).
Interest Coverage: US6's interest payments on its debt are well covered by EBIT (4.9x coverage).