Ultra Clean Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Ultra Clean Holdings has a total shareholder equity of $936.8M and total debt of $480.9M, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are $1.9B and $954.2M respectively. Ultra Clean Holdings's EBIT is $87.8M making its interest coverage ratio 2.2. It has cash and short-term investments of $317.6M.
Key information
51.3%
Debt to equity ratio
US$480.90m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$317.60m |
| Equity | US$936.80m |
| Total liabilities | US$954.20m |
| Total assets | US$1.89b |
Recent financial health updates
We Think Ultra Clean Holdings (NASDAQ:UCTT) Is Taking Some Risk With Its Debt
Apr 19
Ultra Clean Holdings (NASDAQ:UCTT) Takes On Some Risk With Its Use Of Debt
Jan 02Is Ultra Clean Holdings (NASDAQ:UCTT) Using Too Much Debt?
Aug 26Does Ultra Clean Holdings (NASDAQ:UCTT) Have A Healthy Balance Sheet?
Jan 25Recent updates
Ultra Clean Holdings: A Downgraded Outlook Further Clouds The Road Ahead
May 02We Think Ultra Clean Holdings (NASDAQ:UCTT) Is Taking Some Risk With Its Debt
Apr 19Returns At Ultra Clean Holdings (NASDAQ:UCTT) Appear To Be Weighed Down
Mar 28Investors Shouldn't Be Too Comfortable With Ultra Clean Holdings' (NASDAQ:UCTT) Earnings
Mar 07The Market Doesn't Like What It Sees From Ultra Clean Holdings, Inc.'s (NASDAQ:UCTT) Revenues Yet As Shares Tumble 32%
Mar 06Results: Ultra Clean Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 27
AI Demand In China And Operational Efficiencies In Malaysia Will Improve Future Prospects
Feb 17 Increased demand for AI infrastructure and diverse service offerings in China drive revenue growth and customer investments in technology.Ultra Clean Holdings: Reliable, Cost-Effective And Downright Undervalued
Jan 27Estimating The Fair Value Of Ultra Clean Holdings, Inc. (NASDAQ:UCTT)
Jan 18Ultra Clean Holdings (NASDAQ:UCTT) Takes On Some Risk With Its Use Of Debt
Jan 02Ultra Clean Holdings (NASDAQ:UCTT) Has Some Way To Go To Become A Multi-Bagger
Dec 12Ultra Clean Holdings: Time To Buy The Cyclical Trough On AI Strength
Nov 12Ultra Clean Holdings: Margins Remains The Issue
Oct 27Is Ultra Clean Holdings (NASDAQ:UCTT) Using Too Much Debt?
Aug 26Ultra Clean Holdings: Why The Market Looked Past Strong Results
Aug 03Benign Growth For Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Underpins Stock's 30% Plummet
Aug 03Ultra Clean Holdings (NASDAQ:UCTT) May Have Issues Allocating Its Capital
Aug 01Improved Revenues Required Before Ultra Clean Holdings, Inc. (NASDAQ:UCTT) Shares Find Their Feet
May 27Ultra 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 11Financial Position Analysis
Short Term Liabilities: UCTT's short term assets ($947.8M) exceed its short term liabilities ($313.2M).
Long Term Liabilities: UCTT's short term assets ($947.8M) exceed its long term liabilities ($641.0M).
Debt to Equity History and Analysis
Debt Level: UCTT's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: UCTT's debt to equity ratio has reduced from 71.7% to 51.3% over the past 5 years.
Debt Coverage: UCTT's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: UCTT's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/11 10:17 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/28 |
| Annual Earnings | 2024/12/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ultra Clean Holdings, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christian Schwab | Craig-Hallum Capital Group LLC |
| Thomas Diffely | D.A. Davidson & Co. |
| Yu Shi | Needham & Company |