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Ultra Clean Holdings Cash Ratio

: 1.07 (As of Jun. 2022)
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The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Ultra Clean Holdings's Cash Ratio for the quarter that ended in Jun. 2022 was 1.07.

Ultra Clean Holdings has a Cash Ratio of 1.07. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Ultra Clean Holdings's Cash Ratio or its related term are showing as below:

UCTT' s Cash Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.75   Max: 1.8
Current: 1.06

During the past 13 years, Ultra Clean Holdings's highest Cash Ratio was 1.80. The lowest was 0.26. And the median was 0.75.

UCTT's Cash Ratio is ranked better than
53.07% of 912 companies
in the Semiconductors industry
Industry Median: 0.97 vs UCTT: 1.06

Ultra Clean Holdings Cash Ratio Historical Data

The historical data trend for Ultra Clean Holdings's Cash Ratio can be seen below:

* 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.

* Premium members only.

Ultra Clean Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 1.03 0.77 1.00 0.99

Ultra Clean Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.27 1.11 0.99 0.88 1.07

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.

   

Ultra Clean Holdings Cash Ratio Distribution

For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Ultra Clean Holdings's Cash Ratio falls into.



Ultra Clean Holdings Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Ultra Clean Holdings's Cash Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Cash Ratio (A: Dec. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=466.5/469.1
=0.99

Ultra Clean Holdings's Cash Ratio for the quarter that ended in Jun. 2022 is calculated as:

Cash Ratio (Q: Jun. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=421.4/395.4
=1.07

* 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.


Ultra Clean Holdings  (NAS:UCTT) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Ultra Clean Holdings Cash Ratio Related Terms

Thank you for viewing the detailed overview of Ultra Clean Holdings's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ultra Clean Holdings Business Description

Ultra Clean Holdings logo
Traded in Other Exchanges
Address
26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product range includes precision robotic solutions, gas delivery systems, a variety of industrial and automation production equipment products; subsystems that include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in semiconductor capital equipment industry, medical, energy, industrial, flat panel and research equipment industries. Its principal markets are North America, Asia, and Europe. Its largest end market by revenue is the United States.
Executives
Cook Christopher S officer: President, Products Div ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Palfrey Jamie J. officer: SVP, Global Human Resources ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Mckibben Jeffrey L. officer: Chief Information Officer C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD, CA 94545
Widmann Amir officer: President, Fluid Solutions C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD, CA 94545
Seto Jacqueline A. director C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Cho Paul Yoonku officer: General Counsel and Secretary C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Siu Chris officer: Chief Accounting Officer & SVP 3408 GARRETT DRIVE SANTA CLARA CA 95054-2803
Bentinck Bill officer: Pres, Semiconductor Svcs Bus. C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVE HAYWARD CA 94545
Chinnasami Vijayan S. officer: Chief Operating Officer C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Nicholas Scott H. officer: Please see Remarks C/O ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVENUE HAYWARD CA 94545
Maddock Ernest E director LAM RESEARCH 4650 CUSHING PARKWAY FREMONT CA 94538
Andreson Jeff director 3560 BASSETT STREET SANTA CLARA CA 95054
Speirs David officer: SVP, North America ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVE HAYWARD CA 94545
Williams William Joe officer: SVP, Customer Business Mgmt ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVE HAYWARD CA 94545
Sterling Joan officer: SVP, Human Resources ULTRA CLEAN HOLDINGS, INC. 26462 CORPORATE AVE HAYWARD CA 94545

Ultra Clean Holdings Headlines

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