Universal Stainless & Alloy Products Balance Sheet Health
Financial Health criteria checks 5/6
Universal Stainless & Alloy Products has a total shareholder equity of $240.5M and total debt of $81.2M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are $368.0M and $127.6M respectively. Universal Stainless & Alloy Products's EBIT is $29.3M making its interest coverage ratio 3.5. It has cash and short-term investments of $1,000.0.
Key information
33.7%
Debt to equity ratio
US$81.16m
Debt
Interest coverage ratio | 3.5x |
Cash | US$1.00k |
Equity | US$240.49m |
Total liabilities | US$127.55m |
Total assets | US$368.04m |
Recent financial health updates
Here'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 01Is Universal Stainless & Alloy Products (NASDAQ:USAP) Using Debt Sensibly?
Oct 15Recent updates
Subdued Growth No Barrier To Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) With Shares Advancing 33%
Aug 01Investors Will Want Universal Stainless & Alloy Products' (NASDAQ:USAP) Growth In ROCE To Persist
Jul 17Universal Stainless Getting Its Due As Aerospace Demand Drives Strong Operating Leverage
Jun 18Universal 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 23Is Universal Stainless & Alloy Products (NASDAQ:USAP) Weighed On By Its Debt Load?
Dec 02Financial Position Analysis
Short Term Liabilities: USAP's short term assets ($207.3M) exceed its short term liabilities ($47.5M).
Long Term Liabilities: USAP's short term assets ($207.3M) exceed its long term liabilities ($80.0M).
Debt to Equity History and Analysis
Debt Level: USAP's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: USAP's debt to equity ratio has increased from 27.7% to 33.7% over the past 5 years.
Debt Coverage: USAP's debt is well covered by operating cash flow (38.9%).
Interest Coverage: USAP's interest payments on its debt are well covered by EBIT (3.5x coverage).