Ultra Cash Ratio from 2010 to 2024

UCTT Stock  USD 37.41  0.08  0.21%   
Ultra Clean Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio will likely drop to 0.61 in 2024. From the period from 2010 to 2024, Ultra Clean Cash Ratio quarterly data regression had r-value of  0.45 and coefficient of variation of  18.56. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.99432551
Current Value
0.61
Quarterly Volatility
0.16283596
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ultra Clean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ultra Clean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.8 M, Interest Expense of 51.2 M or Gross Profit of 291.2 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 5.0E-4 or PTB Ratio of 2.56. Ultra financial statements analysis is a perfect complement when working with Ultra Clean Valuation or Volatility modules.
  
Check out the analysis of Ultra Clean Correlation against competitors.

Latest Ultra Clean's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Ultra Clean Holdings over the last few years. It is Ultra Clean's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ultra Clean's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Ultra Cash Ratio Regression Statistics

Arithmetic Mean0.88
Geometric Mean0.86
Coefficient Of Variation18.56
Mean Deviation0.14
Median0.99
Standard Deviation0.16
Sample Variance0.03
Range0.4852
R-Value0.45
Mean Square Error0.02
R-Squared0.21
Significance0.09
Slope0.02
Total Sum of Squares0.37

Ultra Cash Ratio History

2024 0.61
2020 0.99
2015 1.0
2011 0.77
2010 0.51

About Ultra Clean Financial Statements

Ultra Clean shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Ultra Clean investors may analyze each financial statement separately, they are all interrelated. The changes in Ultra Clean's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ultra Clean's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Ratio 0.99  0.61 

Thematic Opportunities

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Additional Tools for Ultra Stock Analysis

When running Ultra Clean's price analysis, check to measure Ultra Clean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.