Ultra Electronics Holdings plc

LSE:ULE Stock Report

Mkt Cap: UK£2.5b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Ultra Electronics Holdings Financial Health

How is Ultra Electronics Holdings's financial position?

Financial Health Score


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

Discover healthy companies