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Ultratech (Ultratech) Financial Strength : 0 (As of Mar. 2017)


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What is Ultratech Financial Strength?

Ultratech has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Ultratech's Interest Coverage for the quarter that ended in Mar. 2017 was 773.50. Ultratech's debt to revenue ratio for the quarter that ended in Mar. 2017 was 0.01. As of today, Ultratech's Altman Z-Score is 0.00.


Competitive Comparison of Ultratech's Financial Strength

For the Semiconductor Equipment & Materials subindustry, Ultratech's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ultratech's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultratech's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ultratech's Financial Strength falls into.



Ultratech Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Ultratech's Interest Expense for the months ended in Mar. 2017 was $-0.0 Mil. Its Operating Income for the months ended in Mar. 2017 was $3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was $0.0 Mil.

Ultratech's Interest Coverage for the quarter that ended in Mar. 2017 is

Interest Coverage=-1*Operating Income (Q: Mar. 2017 )/Interest Expense (Q: Mar. 2017 )
=-1*3.094/-0.004
=773.50

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Ultratech's Debt to Revenue Ratio for the quarter that ended in Mar. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.789 + 0) / 229.636
=0.01

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Ultratech has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ultratech  (NAS:UTEK) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Ultratech has the Financial Strength Rank of 0.


Ultratech Financial Strength Related Terms

Thank you for viewing the detailed overview of Ultratech's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Ultratech (Ultratech) Business Description

Traded in Other Exchanges
N/A
Address
Ultratech is a United States-based company that is principally engaged in developing, manufacturing, and selling capital equipment for manufacturers of integrated circuits and nanotechnology components. The company offers two series of 1X lithography systems that are used in semiconductor fabrication. The company generates most of its revenue from system sales, including semiconductor system sales and nanotechnology system sales, with the rest from spare-parts sales, services, and licensing of technologies. The company sells its products worldwide, including the United States, Europe, Taiwan, Korea, Japan, and elsewhere, with overseas markets (especially in Asia) contributing the majority of total revenue.
Executives
Henri P Richard director FREESCALE SEMICONDUCTOR, INC., 2680 ZANKER RD, SUITE 200, SAN JOSE CA 95134
Dennis R Raney director C/O EASYLINK SERVICES CORPORATION, 33 KNIGHTSBRIDGE ROAD, PISCATAWAY NJ 08854
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Carlson Capital L P 10 percent owner 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Joel F Gemunder director
Bin-ming Ben Tsai director 160 RIO ROBLES, SAN JOSE CA 95134
Thomas Dale George director C/O ULTRATECH, 3050 ZANKER ROAD, SAN JOSE CA 95134
Kenneth Levy director