Universal Logistics Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Universal Logistics Holdings has a total shareholder equity of $631.0M and total debt of $557.4M, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are $1.6B and $923.9M respectively. Universal Logistics Holdings's EBIT is $220.5M making its interest coverage ratio 8.3. It has cash and short-term investments of $23.5M.
Key information
88.3%
Debt to equity ratio
US$557.45m
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$23.52m |
| Equity | US$630.98m |
| Total liabilities | US$923.91m |
| Total assets | US$1.55b |
Recent financial health updates
We Think Universal Logistics Holdings (NASDAQ:ULH) Is Taking Some Risk With Its Debt
Jun 20
Here's Why Universal Logistics Holdings (NASDAQ:ULH) Has A Meaningful Debt Burden
Dec 14Universal Logistics Holdings (NASDAQ:ULH) Has A Pretty Healthy Balance Sheet
Jul 15Recent updates
Returns On Capital At Universal Logistics Holdings (NASDAQ:ULH) Have Stalled
Sep 16What Does Universal Logistics Holdings, Inc.'s (NASDAQ:ULH) Share Price Indicate?
Aug 29Universal Logistics Holdings: This Ride Isn't Over Yet
Aug 22The Market Doesn't Like What It Sees From Universal Logistics Holdings, Inc.'s (NASDAQ:ULH) Earnings Yet
Jul 30We Think Universal Logistics Holdings (NASDAQ:ULH) Is Taking Some Risk With Its Debt
Jun 20Universal Logistics Holdings' (NASDAQ:ULH) Dividend Will Be $0.105
Apr 30It Looks Like Shareholders Would Probably Approve Universal Logistics Holdings, Inc.'s (NASDAQ:ULH) CEO Compensation Package
Apr 18The Market Doesn't Like What It Sees From Universal Logistics Holdings, Inc.'s (NASDAQ:ULH) Earnings Yet
Apr 15Is There Now An Opportunity In Universal Logistics Holdings, Inc. (NASDAQ:ULH)?
Mar 09A Look At The Intrinsic Value Of Universal Logistics Holdings, Inc. (NASDAQ:ULH)
Jan 11Here's Why Universal Logistics Holdings (NASDAQ:ULH) Has A Meaningful Debt Burden
Dec 14Universal Logistics Holdings (NASDAQ:ULH) Is Due To Pay A Dividend Of $0.105
Aug 28Does Universal Logistics Holdings (NASDAQ:ULH) Deserve A Spot On Your Watchlist?
Aug 16Universal Logistics Holdings (NASDAQ:ULH) Is Paying Out A Dividend Of $0.105
Aug 01Universal Logistics Holdings (NASDAQ:ULH) Knows How To Allocate Capital Effectively
Jun 08Universal Logistics Holdings' (NASDAQ:ULH) Dividend Will Be $0.105
May 02Universal Logistics Holdings (NASDAQ:ULH) Has Affirmed Its Dividend Of $0.105
Feb 13With EPS Growth And More, Universal Logistics Holdings (NASDAQ:ULH) Makes An Interesting Case
Feb 03We Think Universal Logistics Holdings (NASDAQ:ULH) Might Have The DNA Of A Multi-Bagger
Dec 08Should You Investigate Universal Logistics Holdings, Inc. (NASDAQ:ULH) At US$38.33?
Nov 16Universal Logistics Holdings (NASDAQ:ULH) Has Announced A Dividend Of $0.105
Nov 16Universal Logistics Holdings' (NASDAQ:ULH) Dividend Will Be $0.105
Nov 01Here's Why We Think Universal Logistics Holdings (NASDAQ:ULH) Might Deserve Your Attention Today
Aug 27Universal Logistics Holdings (NASDAQ:ULH) Has Affirmed Its Dividend Of $0.105
Aug 08Is Now An Opportune Moment To Examine Universal Logistics Holdings, Inc. (NASDAQ:ULH)?
Aug 01Universal Logistics GAAP EPS of $1.69 beats by $0.54, revenue of $527.2M beats by $39.4M
Jul 28Universal Logistics Holdings: Recent Strength Might Not Last
Jul 15Universal Logistics Holdings (NASDAQ:ULH) Has A Pretty Healthy Balance Sheet
Jul 15We Like These Underlying Return On Capital Trends At Universal Logistics Holdings (NASDAQ:ULH)
Jun 14If You Like EPS Growth Then Check Out Universal Logistics Holdings (NASDAQ:ULH) Before It's Too Late
May 27Financial Position Analysis
Short Term Liabilities: ULH's short term assets ($405.7M) exceed its short term liabilities ($297.4M).
Long Term Liabilities: ULH's short term assets ($405.7M) do not cover its long term liabilities ($626.5M).
Debt to Equity History and Analysis
Debt Level: ULH's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: ULH's debt to equity ratio has reduced from 195.3% to 88.3% over the past 5 years.
Debt Coverage: ULH's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: ULH's interest payments on its debt are well covered by EBIT (8.3x coverage).