Ultra Clean Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Ultra Clean Holdings has a total shareholder equity of $889.1M and total debt of $475.2M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are $1.9B and $998.5M respectively. Ultra Clean Holdings's EBIT is $45.1M making its interest coverage ratio 1. It has cash and short-term investments of $293.0M.
Key information
53.4%
Debt to equity ratio
US$475.20m
Debt
Interest coverage ratio | 1x |
Cash | US$293.00m |
Equity | US$889.10m |
Total liabilities | US$998.50m |
Total assets | US$1.89b |
Recent financial health updates
Does 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 19Here's Why Ultra Clean Holdings (NASDAQ:UCTT) Can Manage Its Debt Responsibly
Jan 11Recent updates
Ultra Clean Holdings: Recovery For Real, Margins Look Sluggish
May 20Ultra 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 21Financial Position Analysis
Short Term Liabilities: UCTT's short term assets ($908.7M) exceed its short term liabilities ($329.4M).
Long Term Liabilities: UCTT's short term assets ($908.7M) exceed its long term liabilities ($669.1M).
Debt to Equity History and Analysis
Debt Level: UCTT's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: UCTT's debt to equity ratio has reduced from 74.9% to 53.4% over the past 5 years.
Debt Coverage: UCTT's debt is well covered by operating cash flow (24.8%).
Interest Coverage: UCTT's interest payments on its debt are not well covered by EBIT (1x coverage).