Ultra Clean Holdings Inc (UCTT)

Financial leverage 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
Total assets	US$ in thousands	1,919,900	1,947,500	1,927,300	1,887,600	1,867,700	1,845,500	1,843,700	1,865,900	1,960,900	1,956,000	1,945,400	2,011,600	2,025,400	1,924,000	1,846,700	1,190,600	1,102,500	1,060,300	1,102,500	1,072,200
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
Financial leverage ratio		2.20	2.27	2.26	2.27	2.23	2.20	2.17	2.14	2.21	2.28	2.30	2.29	2.39	2.40	2.41	2.14	2.07	2.12	2.34	2.40

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,919,900K ÷ $873,600K
= 2.20

The financial leverage ratio of Ultra Clean Holdings Inc has been relatively stable over the analyzed period, ranging from 2.07 to 2.41. This ratio indicates the company's level of debt financing relative to its equity. A financial leverage ratio of around 2 suggests that the company is utilizing a moderate amount of debt to finance its operations compared to equity. Overall, the company's financial leverage remains consistent, indicating a balanced approach to capital structure management. Investors and stakeholders can consider this stability in financial leverage as a positive aspect of Ultra Clean Holdings Inc's financial health.