Universal Logistics Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Universal Logistics Holdings has a total shareholder equity of $583.9M and total debt of $414.1M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are $1.4B and $800.7M respectively. Universal Logistics Holdings's EBIT is $184.5M making its interest coverage ratio 7.7. It has cash and short-term investments of $22.9M.
Key information
70.9%
Debt to equity ratio
US$414.11m
Debt
Interest coverage ratio | 7.7x |
Cash | US$22.89m |
Equity | US$583.95m |
Total liabilities | US$800.66m |
Total assets | US$1.38b |
Recent financial health updates
We Think Universal Logistics Holdings (NASDAQ:ULH) Is Taking Some Risk With Its Debt
Jun 20Here'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 15Universal Logistics Holdings (NASDAQ:ULH) Seems To Use Debt Quite Sensibly
Mar 15Recent updates
We 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 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 04Financial Position Analysis
Short Term Liabilities: ULH's short term assets ($367.1M) exceed its short term liabilities ($300.6M).
Long Term Liabilities: ULH's short term assets ($367.1M) do not cover its long term liabilities ($500.1M).
Debt to Equity History and Analysis
Debt Level: ULH's net debt to equity ratio (67%) is considered high.
Reducing Debt: ULH's debt to equity ratio has reduced from 167.5% to 70.9% over the past 5 years.
Debt Coverage: ULH's debt is well covered by operating cash flow (44.1%).
Interest Coverage: ULH's interest payments on its debt are well covered by EBIT (7.7x coverage).