Ultralife Balance Sheet Health
Financial Health criteria checks 4/6
Ultralife has a total shareholder equity of $125.4M and total debt of $25.6M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are $178.3M and $52.8M respectively. Ultralife's EBIT is $9.5M making its interest coverage ratio 4.7. It has cash and short-term investments of $10.3M.
Key information
20.4%
Debt to equity ratio
US$25.62m
Debt
Interest coverage ratio | 4.7x |
Cash | US$10.28m |
Equity | US$125.43m |
Total liabilities | US$52.85m |
Total assets | US$178.28m |
Recent financial health updates
These 4 Measures Indicate That Ultralife (NASDAQ:ULBI) Is Using Debt Reasonably Well
Apr 16Ultralife (NASDAQ:ULBI) Takes On Some Risk With Its Use Of Debt
Jun 08Ultralife (NASDAQ:ULBI) Is Carrying A Fair Bit Of Debt
Sep 27Does Ultralife (NASDAQ:ULBI) Have A Healthy Balance Sheet?
Apr 15Is Ultralife (NASDAQ:ULBI) Using Too Much Debt?
Dec 15Recent updates
Ultralife Corporation: Ready To Surge
Apr 22These 4 Measures Indicate That Ultralife (NASDAQ:ULBI) Is Using Debt Reasonably Well
Apr 16Slowing Rates Of Return At Ultralife (NASDAQ:ULBI) Leave Little Room For Excitement
Mar 14Insufficient Growth At Ultralife Corporation (NASDAQ:ULBI) Hampers Share Price
Feb 11Is Now An Opportune Moment To Examine Ultralife Corporation (NASDAQ:ULBI)?
Oct 26Ultralife (NASDAQ:ULBI) May Have Issues Allocating Its Capital
Sep 22Ultralife (NASDAQ:ULBI) Takes On Some Risk With Its Use Of Debt
Jun 08Ultralife (NASDAQ:ULBI) Is Carrying A Fair Bit Of Debt
Sep 27Ultralife secures $7.5M communications systems contract
Sep 22Ultralife receives $4.6M communications systems VAA order
Jul 26Does Ultralife (NASDAQ:ULBI) Have A Healthy Balance Sheet?
Apr 15We Think Ultralife Corporation's (NASDAQ:ULBI) CEO Compensation Package Needs To Be Put Under A Microscope
Jul 15Is Ultralife Corporation (NASDAQ:ULBI) Potentially Undervalued?
Apr 14The Trends At Ultralife (NASDAQ:ULBI) That You Should Know About
Mar 09Ultralife Corporation's (NASDAQ:ULBI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 18Ultralife reports Q4 results
Feb 04If You Had Bought Ultralife (NASDAQ:ULBI) Stock Five Years Ago, You Could Pocket A 17% Gain Today
Feb 03What Type Of Shareholders Make Up Ultralife Corporation's (NASDAQ:ULBI) Share Registry?
Jan 14Are Insiders Buying Ultralife Corporation (NASDAQ:ULBI) Stock?
Dec 30Is Ultralife (NASDAQ:ULBI) Using Too Much Debt?
Dec 15Has Ultralife (NASDAQ:ULBI) Got What It Takes To Become A Multi-Bagger?
Dec 02A Look At Ultralife's (NASDAQ:ULBI) CEO Remuneration
Nov 19Ultralife reports Q3 results
Oct 29Financial Position Analysis
Short Term Liabilities: ULBI's short term assets ($90.2M) exceed its short term liabilities ($23.7M).
Long Term Liabilities: ULBI's short term assets ($90.2M) exceed its long term liabilities ($29.1M).
Debt to Equity History and Analysis
Debt Level: ULBI's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: ULBI's debt to equity ratio has increased from 0% to 20.4% over the past 5 years.
Debt Coverage: ULBI's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: ULBI's interest payments on its debt are well covered by EBIT (4.7x coverage).