uCloudlink Group Balance Sheet Health
Financial Health criteria checks 5/6
uCloudlink Group has a total shareholder equity of $16.1M and total debt of $5.3M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are $56.6M and $40.6M respectively. uCloudlink Group's EBIT is $5.6M making its interest coverage ratio 89.6. It has cash and short-term investments of $32.3M.
Key information
33.0%
Debt to equity ratio
US$5.30m
Debt
| Interest coverage ratio | 89.6x |
| Cash | US$32.31m |
| Equity | US$16.05m |
| Total liabilities | US$40.55m |
| Total assets | US$56.61m |
Recent financial health updates
We Think uCloudlink Group (NASDAQ:UCL) Can Stay On Top Of Its Debt
Feb 06
Does uCloudlink Group (NASDAQ:UCL) Have A Healthy Balance Sheet?
Oct 25uCloudlink Group (NASDAQ:UCL) Could Easily Take On More Debt
Jul 27Is uCloudlink Group (NASDAQ:UCL) Using Debt Sensibly?
Mar 03Recent updates
We Think uCloudlink Group (NASDAQ:UCL) Might Have The DNA Of A Multi-Bagger
Apr 19We Think uCloudlink Group (NASDAQ:UCL) Can Stay On Top Of Its Debt
Feb 06uCloudlink Group Inc. (NASDAQ:UCL) Might Not Be As Mispriced As It Looks After Plunging 27%
Dec 31Does uCloudlink Group (NASDAQ:UCL) Have A Healthy Balance Sheet?
Oct 25uCloudlink Group (NASDAQ:UCL) Could Easily Take On More Debt
Jul 27Benign Growth For uCloudlink Group Inc. (NASDAQ:UCL) Underpins Stock's 27% Plummet
Jul 06Is uCloudlink Group (NASDAQ:UCL) Using Debt Sensibly?
Mar 03Is uCloudlink Group (NASDAQ:UCL) Using Debt Sensibly?
Oct 25uCLOUDLINK Group receives Nasdaq notification regarding minimum market value of publicly held shares
Sep 26UCLOUDLINK receives Nasdaq non compliance notification over minimum bid price requirement
Sep 15uCloudlink Group reports Q2 mixed earnings; sees Q3 revenue below estimates
Aug 24Is uCloudlink Group (NASDAQ:UCL) Using Too Much Debt?
Jul 08uCloudlink inks cooperation pact with ANZ Cloudlink to expand its footprint in Australia and New Zealand
Jun 14uCloudlink Group EPS misses by $0.51, beats on revenue
May 26Is uCloudlink Group (NASDAQ:UCL) Using Debt Sensibly?
Apr 13Do Institutions Own uCloudlink Group Inc. (NASDAQ:UCL) Shares?
Feb 16uCloudlink extends partnership with China Mobile UK
Jan 04uCloudlink extends partnership with Vodafone
Dec 21Ucloudlink updates on business development in Japan
Dec 14uCloudlink Group Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 16Financial Position Analysis
Short Term Liabilities: UCL's short term assets ($49.0M) exceed its short term liabilities ($39.1M).
Long Term Liabilities: UCL's short term assets ($49.0M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: UCL has more cash than its total debt.
Reducing Debt: UCL's debt to equity ratio has increased from 13.9% to 33% over the past 5 years.
Debt Coverage: UCL's debt is well covered by operating cash flow (122.8%).
Interest Coverage: UCL's interest payments on its debt are well covered by EBIT (89.6x coverage).