Ultra Clean Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ultra Clean Holdings has a total shareholder equity of $922.4M and total debt of $492.2M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $1.9B and $1.0B respectively. Ultra Clean Holdings's EBIT is $75.5M making its interest coverage ratio 1.7. It has cash and short-term investments of $318.2M.
Key information
53.4%
Debt to equity ratio
US$492.20m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$318.20m |
| Equity | US$922.40m |
| Total liabilities | US$1.03b |
| Total assets | US$1.95b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LID's short term assets ($985.8M) exceed its short term liabilities ($358.8M).
Long Term Liabilities: 0LID's short term assets ($985.8M) exceed its long term liabilities ($666.3M).
Debt to Equity History and Analysis
Debt Level: 0LID's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 0LID's debt to equity ratio has reduced from 68.6% to 53.4% over the past 5 years.
Debt Coverage: 0LID's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 0LID's interest payments on its debt are not well covered by EBIT (1.7x coverage).