UCTTUltra Clean Holdings, Inc.

$73.01

Is it safe?

Can UCTT take a bad year?

Ultra Clean Holdings, Inc. carries $344M of net debt at 3.41× EBITDA: a load its earnings can carry.

$344M

Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.41×

Net debt / EBITDA

Cash runway
2.3 years

Cash runway · burning $28M a quarter at the current rate

Annualised volatility
74%

Annualised volatility · three times the market's own swing

Details
Total debtQ2 2026
$599M
Cash and short-term investments
$256M
Net debt
$344M
EBITDA, trailing twelve months
$101M
Operating profit, trailing twelve months
$62M
Debt / equity
0.94×
Total debt / EBITDA
5.95×
Annualised volatilitytwo years of daily moves
74%
Worst drawdown on file
−79%
Below its 52-week high
−41%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.