Ultra Clean Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ultra Clean Holdings has a total shareholder equity of $897.2M and total debt of $478.8M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $1.9B and $970.5M respectively. Ultra Clean Holdings's EBIT is $39.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $307.0M.
Key information
53.4%
Debt to equity ratio
US$478.80m
Debt
Interest coverage ratio | 0.9x |
Cash | US$307.00m |
Equity | US$897.20m |
Total liabilities | US$970.50m |
Total assets | US$1.87b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCE's short term assets ($893.2M) exceed its short term liabilities ($310.0M).
Long Term Liabilities: UCE's short term assets ($893.2M) exceed its long term liabilities ($660.5M).
Debt to Equity History and Analysis
Debt Level: UCE's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: UCE's debt to equity ratio has reduced from 67.5% to 53.4% over the past 5 years.
Debt Coverage: UCE's debt is well covered by operating cash flow (28.4%).
Interest Coverage: UCE's interest payments on its debt are not well covered by EBIT (0.9x coverage).