Universal Logistics Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Universal Logistics Holdings has a total shareholder equity of $532.2M and total debt of $381.9M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are $1.3B and $721.3M respectively. Universal Logistics Holdings's EBIT is $145.4M making its interest coverage ratio 6.4. It has cash and short-term investments of $23.3M.
Key information
71.8%
Debt to equity ratio
US$381.92m
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$23.28m |
| Equity | US$532.20m |
| Total liabilities | US$721.33m |
| Total assets | US$1.25b |
Recent financial health updates
Here's Why Universal Logistics Holdings (NASDAQ:ULH) Has A Meaningful Debt Burden
Dec 14
Universal Logistics Holdings (NASDAQ:ULH) Has A Pretty Healthy Balance Sheet
Jul 15Universal Logistics Holdings (NASDAQ:ULH) Seems To Use Debt Quite Sensibly
Mar 15These 4 Measures Indicate That Universal Logistics Holdings (NASDAQ:ULH) Is Using Debt Extensively
May 25Recent updates
It 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 27Universal Logistics Holdings (NASDAQ:ULH) Has Affirmed Its Dividend Of US$0.10
May 10What Does Universal Logistics Holdings, Inc.'s (NASDAQ:ULH) Share Price Indicate?
Mar 29Universal Logistics Holdings (NASDAQ:ULH) Seems To Use Debt Quite Sensibly
Mar 15Universal Logistics Holdings (NASDAQ:ULH) Has Announced A Dividend Of US$0.10
Feb 15Universal Logistics Holdings (NASDAQ:ULH) Will Pay A Dividend Of US$0.10
Nov 04These 4 Measures Indicate That Universal Logistics Holdings (NASDAQ:ULH) Is Using Debt Extensively
May 25Is Now An Opportune Moment To Examine Universal Logistics Holdings, Inc. (NASDAQ:ULH)?
Mar 23Financial Position Analysis
Short Term Liabilities: ULH's short term assets ($361.1M) exceed its short term liabilities ($260.4M).
Long Term Liabilities: ULH's short term assets ($361.1M) do not cover its long term liabilities ($460.9M).
Debt to Equity History and Analysis
Debt Level: ULH's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: ULH's debt to equity ratio has reduced from 191.3% to 71.8% over the past 5 years.
Debt Coverage: ULH's debt is well covered by operating cash flow (55%).
Interest Coverage: ULH's interest payments on its debt are well covered by EBIT (6.4x coverage).