Universal Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Universal Electronics has a total shareholder equity of $161.2M and total debt of $39.9M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are $321.3M and $160.1M respectively.
Key information
24.7%
Debt to equity ratio
US$39.85m
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.29m |
| Equity | US$161.19m |
| Total liabilities | US$160.07m |
| Total assets | US$321.26m |
Recent financial health updates
Here's Why Universal Electronics (NASDAQ:UEIC) Can Afford Some Debt
Sep 27
Is Universal Electronics (NASDAQ:UEIC) Using Too Much Debt?
May 01Universal Electronics (NASDAQ:UEIC) Is Making Moderate Use Of Debt
Jan 26We Think Universal Electronics (NASDAQ:UEIC) Has A Fair Chunk Of Debt
Oct 13Recent updates
Why Investors Shouldn't Be Surprised By Universal Electronics Inc.'s (NASDAQ:UEIC) 36% Share Price Surge
Nov 09Universal Electronics Future Is Uncertain, Depending On Patents And The HVAC Market
Oct 25Here's Why Universal Electronics (NASDAQ:UEIC) Can Afford Some Debt
Sep 27The Price Is Right For Universal Electronics Inc. (NASDAQ:UEIC) Even After Diving 26%
Aug 16Are Investors Undervaluing Universal Electronics Inc. (NASDAQ:UEIC) By 35%?
Aug 11It Looks Like Universal Electronics Inc.'s (NASDAQ:UEIC) CEO May Expect Their Salary To Be Put Under The Microscope
Jun 05Universal Electronics Inc.'s (NASDAQ:UEIC) 29% Price Boost Is Out Of Tune With Revenues
May 08Is 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 12Financial Position Analysis
Short Term Liabilities: UEIC's short term assets ($237.3M) exceed its short term liabilities ($147.7M).
Long Term Liabilities: UEIC's short term assets ($237.3M) exceed its long term liabilities ($12.3M).
Debt to Equity History and Analysis
Debt Level: UEIC's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: UEIC's debt to equity ratio has reduced from 33.6% to 24.7% over the past 5 years.
Debt Coverage: UEIC's debt is well covered by operating cash flow (33.8%).
Interest Coverage: Insufficient data to determine if UEIC's interest payments on its debt are well covered by EBIT.