Universal Stainless & Alloy Products Balance Sheet Health
Financial Health criteria checks 4/6
Universal Stainless & Alloy Products has a total shareholder equity of $226.0M and total debt of $79.1M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $356.7M and $130.6M respectively. Universal Stainless & Alloy Products's EBIT is $13.8M making its interest coverage ratio 1.6. It has cash and short-term investments of $394.0K.
Key information
35.0%
Debt to equity ratio
US$79.07m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$394.00k |
| Equity | US$226.04m |
| Total liabilities | US$130.65m |
| Total assets | US$356.69m |
Recent financial health updates
Here's Why Universal Stainless & Alloy Products (NASDAQ:USAP) Has A Meaningful Debt Burden
Oct 27
Does Universal Stainless & Alloy Products (NASDAQ:USAP) Have A Healthy Balance Sheet?
Jun 21Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Too Much Debt?
Mar 01Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Debt Sensibly?
Oct 15Recent updates
Universal Stainless: It Was Profitable In 2023 Due To High Prices, But This Is Not Sustainable
Apr 12Universal Stainless Is Not Attractive On A Cycle-Average Basis
Jan 26These Return Metrics Don't Make Universal Stainless & Alloy Products (NASDAQ:USAP) Look Too Strong
Nov 23Here's Why Universal Stainless & Alloy Products (NASDAQ:USAP) Has A Meaningful Debt Burden
Oct 27Does Universal Stainless & Alloy Products (NASDAQ:USAP) Have A Healthy Balance Sheet?
Jun 21Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Too Much Debt?
Mar 01Universal Stainless expects Q3 sales to fall 12% sequentially on lower shipment volume
Oct 19Universal Stainless & Alloy Products Ignored On The Runway As Business Starts To Take Off
Aug 24Universal Stainless & Alloy Products GAAP EPS of -$0.16 misses by $0.05, revenue of $52.16M
Jul 27Universal Stainless & Alloy Products raises base price 9%-12% on bar products
Jul 11A Look At The Fair Value Of Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP)
Apr 20With Aerospace Recovering, Universal Stainless & Alloy Products Should See A Meaningful Ramp
Mar 04Universal Stainless & Alloy Products: The Turnaround Begins
Jan 04Universal Stainless & Alloy Products: Aerospace Recovery Play Trading At Liquidation Value
Oct 15Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Debt Sensibly?
Oct 15Universal Stainless & Alloy Products Still Offers Significant Leverage To Improving Alloy Demand
Aug 13Universal Stainless announces base price increase
Jun 17Universal Stainless & Alloy Products (NASDAQ:USAP) Is Carrying A Fair Bit Of Debt
Mar 30How Much Are Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) Insiders Spending On Buying Shares?
Feb 23Estimating The Intrinsic Value Of Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP)
Dec 23
Is Universal Stainless & Alloy Products (NASDAQ:USAP) Weighed On By Its Debt Load?
Dec 02Financial Position Analysis
Short Term Liabilities: USAP's short term assets ($195.8M) exceed its short term liabilities ($45.9M).
Long Term Liabilities: USAP's short term assets ($195.8M) exceed its long term liabilities ($84.7M).
Debt to Equity History and Analysis
Debt Level: USAP's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: USAP's debt to equity ratio has increased from 19.1% to 35% over the past 5 years.
Debt Coverage: USAP's debt is well covered by operating cash flow (31.9%).
Interest Coverage: USAP's interest payments on its debt are not well covered by EBIT (1.6x coverage).