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Ultra Electronics Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Key information
26.2%
Debt to equity ratio
UK£138.10m
Debt
| Interest coverage ratio | 9.5x |
| Cash | UK£138.80m |
| Equity | UK£526.80m |
| Total liabilities | UK£497.40m |
| Total assets | UK£1.02b |
Recent financial health updates
Is Ultra Electronics Holdings (LON:ULE) A Risky Investment?
Jul 29
Is Ultra Electronics Holdings (LON:ULE) A Risky Investment?
Apr 20Recent updates
Is Ultra Electronics Holdings (LON:ULE) A Risky Investment?
Jul 29Here's Why I Think Ultra Electronics Holdings (LON:ULE) Might Deserve Your Attention Today
Jun 05Increases to CEO Compensation Might Be Put On Hold For Now at Ultra Electronics Holdings plc (LON:ULE)
May 06Is Ultra Electronics Holdings (LON:ULE) A Risky Investment?
Apr 20Is Ultra Electronics Holdings plc (LON:ULE) Trading At A 28% Discount?
Mar 25The CFO & Director of Ultra Electronics Holdings plc (LON:ULE), Jos Sclater, Just Bought 3,221% More Shares
Mar 11Ultra Electronics Holdings plc's (LON:ULE) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Mar 11What Kind Of Shareholders Hold The Majority In Ultra Electronics Holdings plc's (LON:ULE) Shares?
Feb 24Investors Who Bought Ultra Electronics Holdings (LON:ULE) Shares Three Years Ago Are Now Up 45%
Feb 04
Is It Worth Buying Ultra Electronics Holdings plc (LON:ULE) For Its 2.7% Dividend Yield?
Jan 14Here's Why We Think Ultra Electronics Holdings (LON:ULE) Is Well Worth Watching
Dec 30Need To Know: Ultra Electronics Holdings plc (LON:ULE) Insiders Have Been Buying Shares
Dec 16How Much Is Ultra Electronics Holdings plc (LON:ULE) CEO Getting Paid?
Dec 03Ultra Electronics Holdings plc (LON:ULE) Shares Could Be 32% Above Their Intrinsic Value Estimate
Nov 17Financial Position Analysis
Short Term Liabilities: ULE's short term assets (£454.1M) exceed its short term liabilities (£258.7M).
Long Term Liabilities: ULE's short term assets (£454.1M) exceed its long term liabilities (£238.7M).
Debt to Equity History and Analysis
Debt Level: ULE has more cash than its total debt.
Reducing Debt: ULE's debt to equity ratio has reduced from 91.1% to 26.2% over the past 5 years.
Debt Coverage: ULE's debt is well covered by operating cash flow (88%).
Interest Coverage: ULE's interest payments on its debt are well covered by EBIT (9.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/02 15:10 |
| End of Day Share Price | 2022/08/01 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ultra Electronics Holdings plc is covered by 28 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Graham Webster | Arden Partners Plc. |
| Joseph Campbell | Barclays |
| Ross Law | Berenberg |