Ultra Clean Holdings Inc (UCTT)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands 476,500 475,800 478,300 458,200 461,200 464,100 467,100 470,000 493,000 509,200 — — 529,900 545,100 573,100 259,800 261,600 272,600 322,100 323,900
Total stockholders’ equity US$ in thousands 873,600 857,900 852,300 830,900 838,900 838,000 849,800 870,700 887,900 856,700 845,600 879,600 848,900 800,000 767,500 557,600 532,600 500,100 470,500 445,900
Debt-to-equity ratio 0.55 0.55 0.56 0.55 0.55 0.55 0.55 0.54 0.56 0.59 0.00 0.00 0.62 0.68 0.75 0.47 0.49 0.55 0.68 0.73

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $476,500K ÷ $873,600K
= 0.55

The debt-to-equity ratio of Ultra Clean Holdings Inc has shown some fluctuations over the years. It decreased steadily from March 31, 2020, to March 31, 2022, reaching 0.00, indicating that the company had no debt in relation to its equity during this period. However, from June 30, 2022, onwards, the ratio started to increase again, reaching 0.56 as of June 30, 2024.

Overall, the company has maintained a relatively low debt-to-equity ratio, which suggests a conservative approach to financing its operations. It is important to continue monitoring this ratio to ensure that the company's capital structure remains balanced and sustainable.