Ultra Electronics Holdings plc

LSE:ULE Stock Report

Mkt Cap: UK£2.5b

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Ultra Electronics Holdings Financial Health

How is Ultra Electronics Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial 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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