Universal Stainless & Alloy Products (USAP) Debt Metrics
Market Cap: $423.58M
Avg Volume: 190.62K
Industry: Steel
Sector: Basic Materials
How much debt does Universal Stainless & Alloy Products have?
According to Universal Stainless & Alloy Products's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Universal Stainless & Alloy Products's total debt stands at $85.80M. This is broken down into:
- Long-term debt: $81.90M
- Short-term debt: $3.90M
The company's net debt, which accounts for cash and cash equivalents, is $85.41M. In terms of overall financial obligations, Universal Stainless & Alloy Products's total liabilities amount to $130.65M.
Debt Ratios and Metrics
To better understand Universal Stainless & Alloy Products's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.38 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 24.06% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 1.63 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 26.58% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 27.51% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Universal Stainless & Alloy Products's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$85.80M
Long-term Debt
$81.90M
Short-term Debt
$3.90M
Net Debt
$85.41M
Total Liabilities
$130.65M
Interest Coverage
1.63
Debt to Equity Ratio
0.38
Debt Ratio
24.06%
Universal Stainless & Alloy Products Historical Debt Metrics
Universal Stainless & Alloy Products Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $85.80M | $81.90M | $3.90M | $85.41M | $130.65M | 0.38 | 24.06% | 1.63 | 26.58% | 27.51% |
| 2022 | $98.43M | $95.23M | $3.68M | $96.42M | $143.58M | 0.45 | 27.09% | -1.57 | 30.19% | 30.94% |
| 2021 | $69.24M | $67.74M | $2.95M | $69.13M | $104.31M | 0.31 | 20.94% | -6.06 | 22.80% | 23.43% |
| 2020 | $50.18M | $34.73M | $17.26M | $50.02M | $77.37M | 0.22 | 16.56% | -8.05 | 12.92% | 18.19% |
| 2019 | $64.34M | $60.93M | $4.44M | $64.17M | $125.26M | 0.26 | 17.47% | 1.94 | 19.90% | 20.93% |
| 2018 | $46.75M | $43.86M | $4.38M | $43.05M | $116.31M | 0.20 | 13.23% | 3.97 | 15.31% | 16.47% |
| 2017 | $79.71M | $76.48M | $5.13M | $79.51M | $129.56M | 0.42 | 24.81% | 1.05 | 28.13% | 29.37% |
| 2016 | $72.58M | $69.47M | $4.87M | $72.50M | $114.83M | 0.40 | 24.52% | -1.08 | 27.28% | 28.60% |
| 2015 | $77.14M | $72.88M | $3.00M | $77.03M | $113.58M | 0.42 | 25.84% | -12.94 | 28.26% | 29.43% |
| 2014 | $86.88M | $83.88M | $3.00M | $86.73M | $161.29M | 0.43 | 23.80% | 3.59 | 29.16% | 29.89% |
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