Ultra Clean Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ultra Clean Holdings has a total shareholder equity of $897.2M and total debt of $478.8M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $1.9B and $970.5M respectively. Ultra Clean Holdings's EBIT is $39.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $307.0M.
Key information
53.4%
Debt to equity ratio
US$478.80m
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$307.00m |
| Equity | US$897.20m |
| Total liabilities | US$970.50m |
| Total assets | US$1.87b |
Recent financial health updates
Does Ultra Clean Holdings (NASDAQ:UCTT) Have A Healthy Balance Sheet?
Jan 25
We Think Ultra Clean Holdings (NASDAQ:UCTT) Is Taking Some Risk With Its Debt
Jul 21Is Ultra Clean Holdings (NASDAQ:UCTT) Using Too Much Debt?
Apr 19Here's Why Ultra Clean Holdings (NASDAQ:UCTT) Can Manage Its Debt Responsibly
Jan 11Recent updates
Ultra Clean Holdings: The Rally May Be Getting Long In The Tooth
Mar 02Ultra Clean Holdings (NASDAQ:UCTT) Will Want To Turn Around Its Return Trends
Feb 27Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Held Back By Insufficient Growth Even After Shares Climb 29%
Feb 03Does Ultra Clean Holdings (NASDAQ:UCTT) Have A Healthy Balance Sheet?
Jan 25We Think Ultra Clean Holdings (NASDAQ:UCTT) Is Taking Some Risk With Its Debt
Jul 21Is Ultra Clean Holdings (NASDAQ:UCTT) Using Too Much Debt?
Apr 19Is Now An Opportune Moment To Examine Ultra Clean Holdings, Inc. (NASDAQ:UCTT)?
Mar 11Here's Why Ultra Clean Holdings (NASDAQ:UCTT) Can Manage Its Debt Responsibly
Jan 11When Should You Buy Ultra Clean Holdings, Inc. (NASDAQ:UCTT)?
Nov 22Here's Why Ultra Clean Holdings (NASDAQ:UCTT) Can Manage Its Debt Responsibly
Oct 08Is Now The Time To Look At Buying Ultra Clean Holdings, Inc. (NASDAQ:UCTT)?
Aug 06Ultra Clean Holdings Is Sitting On The Fence
Aug 03Ultra Clean Holdings beats top and bottom line; guides Q3 earnings below consensus
Jul 28Is Ultra Clean Holdings (NASDAQ:UCTT) A Risky Investment?
Jul 02Why Ultra Clean Is A Stock To Buy From Here
May 09Is It Time To Consider Buying Ultra Clean Holdings, Inc. (NASDAQ:UCTT)?
May 02Here's Why I Think Ultra Clean Holdings (NASDAQ:UCTT) Is An Interesting Stock
Apr 18Ultra Clean Holdings: A Balanced View
Feb 15At US$51.64, Is Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Worth Looking At Closely?
Jan 20Ultra Clean Holdings (NASDAQ:UCTT) Has A Rock Solid Balance Sheet
Dec 21With EPS Growth And More, Ultra Clean Holdings (NASDAQ:UCTT) Is Interesting
Dec 08Ultra Clean Holdings: There's Plenty Of Upside (40%) Upstream
Nov 04Financial Position Analysis
Short Term Liabilities: UCTT's short term assets ($893.2M) exceed its short term liabilities ($310.0M).
Long Term Liabilities: UCTT's short term assets ($893.2M) exceed its long term liabilities ($660.5M).
Debt to Equity History and Analysis
Debt Level: UCTT's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: UCTT's debt to equity ratio has reduced from 67.5% to 53.4% over the past 5 years.
Debt Coverage: UCTT's debt is well covered by operating cash flow (28.4%).
Interest Coverage: UCTT's interest payments on its debt are not well covered by EBIT (0.9x coverage).