Ultra Clean Holdings (LTS:0LID) Cash And Cash Equivalents : $293 Mil (As of Mar. 2024)

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What is Ultra Clean Holdings Cash And Cash Equivalents?

Ultra Clean Holdings's quarterly cash and cash equivalents declined from Sep. 2023 ($342.00 Mil) to Dec. 2023 ($307.00 Mil) but then stayed the same from Dec. 2023 ($307.00 Mil) to Mar. 2024 ($293.00 Mil).

Ultra Clean Holdings's annual cash and cash equivalents declined from Dec. 2021 ($466.50 Mil) to Dec. 2022 ($358.80 Mil) and declined from Dec. 2022 ($358.80 Mil) to Dec. 2023 ($307.00 Mil).

Ultra Clean Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Ultra Clean Holdings's Cash And Cash Equivalents 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.

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Ultra Clean Holdings Cash And Cash Equivalents Chart

Ultra Clean Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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162.50

200.30

466.50

358.80

307.00

Ultra Clean Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															322.10	320.80	342.00	307.00	293.00

Ultra Clean Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Ultra Clean Holdings (LTS:0LID) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Ultra Clean Holdings Cash And Cash Equivalents Related Terms

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Ultra Clean Holdings (LTS:0LID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ultra Clean Holdings Inc (LTS:0LID) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

UCTT:USA UCE:Germany

Address

26462 Corporate Avenue, Hayward, CA, USA, 94545

Website

https://www.uct.com

Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe. Its largest end markets by revenue are the United States and the International market.

Ultra Clean Holdings (LTS:0LID) Headlines

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