Universal Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Universal Electronics has a total shareholder equity of $178.9M and total debt of $55.0M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are $355.9M and $177.0M respectively.
Key information
30.7%
Debt to equity ratio
US$55.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.75m |
| Equity | US$178.92m |
| Total liabilities | US$176.95m |
| Total assets | US$355.87m |
Recent financial health updates
Is Universal Electronics (NASDAQ:UEIC) Using Too Much Debt?
May 01
Universal Electronics (NASDAQ:UEIC) Is Making Moderate Use Of Debt
Jan 26We Think Universal Electronics (NASDAQ:UEIC) Has A Fair Chunk Of Debt
Oct 13We Think Universal Electronics (NASDAQ:UEIC) Is Taking Some Risk With Its Debt
Jun 08Recent updates
Is Universal Electronics (NASDAQ:UEIC) Using Too Much Debt?
May 01An Intrinsic Calculation For Universal Electronics Inc. (NASDAQ:UEIC) Suggests It's 25% Undervalued
Mar 17Universal Electronics (NASDAQ:UEIC) Is Making Moderate Use Of Debt
Jan 26Unpleasant Surprises Could Be In Store For Universal Electronics Inc.'s (NASDAQ:UEIC) Shares
Dec 29Should You Investigate Universal Electronics Inc. (NASDAQ:UEIC) At US$7.96?
Nov 22We Think Universal Electronics (NASDAQ:UEIC) Has A Fair Chunk Of Debt
Oct 13We Think Universal Electronics (NASDAQ:UEIC) Is Taking Some Risk With Its Debt
Jun 08The Returns At Universal Electronics (NASDAQ:UEIC) Aren't Growing
Mar 13Universal Electronics (NASDAQ:UEIC) Has A Pretty Healthy Balance Sheet
Feb 06These 4 Measures Indicate That Universal Electronics (NASDAQ:UEIC) Is Using Debt Reasonably Well
Oct 27Should You Investigate Universal Electronics Inc. (NASDAQ:UEIC) At US$17.10?
Oct 08A Look At The Fair Value Of Universal Electronics Inc. (NASDAQ:UEIC)
Aug 10Does Universal Electronics (NASDAQ:UEIC) Have A Healthy Balance Sheet?
Jul 21Universal Electronics (NASDAQ:UEIC) Has Some Difficulty Using Its Capital Effectively
May 12Universal Electronics: One To Be Considered
Feb 02Does Universal Electronics (NASDAQ:UEIC) Have A Healthy Balance Sheet?
Nov 12Why Universal Electronics Inc. (NASDAQ:UEIC) Could Be Worth Watching
Aug 12It's Unlikely That Universal Electronics Inc.'s (NASDAQ:UEIC) CEO Will See A Huge Pay Rise This Year
Jun 02A Look At The Fair Value Of Universal Electronics Inc. (NASDAQ:UEIC)
May 24Universal Electronics (NASDAQ:UEIC) Seems To Use Debt Rather Sparingly
May 10Financial Position Analysis
Short Term Liabilities: UEIC's short term assets ($258.9M) exceed its short term liabilities ($161.1M).
Long Term Liabilities: UEIC's short term assets ($258.9M) exceed its long term liabilities ($15.8M).
Debt to Equity History and Analysis
Debt Level: UEIC's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: UEIC's debt to equity ratio has reduced from 38.6% to 30.7% over the past 5 years.
Debt Coverage: UEIC's debt is well covered by operating cash flow (45.8%).
Interest Coverage: Insufficient data to determine if UEIC's interest payments on its debt are well covered by EBIT.