Universal Logistics Holdings, Inc. (ULH)

ULH Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 28, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	11.83	12.51	47.18	13.93	8.76	7.73
Short-Term Investments	11.69	10.77	10	8.03	6.53	9.37
Cash & Short-Term Investments	23.52	23.28	57.18	21.96	15.3	17.1
Cash Growth	-13.84%	-59.28%	160.35%	43.58%	-10.52%	13.51%
Accounts Receivable	327.52	289.39	352.54	344.23	262.9	213.4
Other Receivables	30	22.63	25.15	26.32	22.42	19.07
Receivables	357.52	312.02	377.68	370.55	285.32	232.46
Inventory	-	12.41	11.36	14.1	8.28	7.16
Prepaid Expenses	24.7	13.37	13.43	14.08	12.63	11.36
Other Current Assets	-	-	-	-	-	3.77
Total Current Assets	405.75	361.08	459.65	420.7	321.52	271.84
Property, Plant & Equipment	766.97	652.69	490.89	451.44	462.62	434.47
Goodwill	167.26	170.73	170.73	170.73	170.73	168.45
Other Intangible Assets	54.99	61.3	73.97	88.35	102.24	116.11
Long-Term Deferred Tax Assets	1.23	1.23	1.39	2.06	2.16	1.46
Other Long-Term Assets	4.1	6.5	7.05	4.22	3.79	3.1
Total Assets	1,555	1,254	1,204	1,137	1,063	995.44
Accounts Payable	78.44	64.1	87.14	117.84	97.92	91.91
Accrued Expenses	95.56	81.94	84.36	91.72	73.96	60.51
Current Portion of Long-Term Debt	85.75	70.69	65.3	61.16	59.71	59.48
Current Portion of Leases	28.17	30	28.23	24.57	21.92	26.33
Current Income Taxes Payable	3.73	6.36	11.93	4.32	11.56	-
Other Current Liabilities	5.71	7.33	9.95	13.1	7.75	12.2
Total Current Liabilities	297.36	260.42	286.9	312.71	272.81	250.42
Long-Term Debt	471.7	311.24	313.2	366.19	400.41	398.14
Long-Term Leases	46.65	63.62	77.6	85.98	78.09	70.27
Long-Term Deferred Tax Liabilities	103.79	79.57	69.59	61.25	64.43	65.69
Other Long-Term Liabilities	4.42	6.49	9.47	9.15	7.74	5.7
Total Liabilities	923.91	721.33	756.75	835.28	823.48	790.22
Common Stock	26.32	31.01	31	30.99	30.98	30.97
Additional Paid-In Capital	5.02	5.1	4.85	4.64	4.48	4.3
Retained Earnings	605.61	595.45	513.59	356.07	293.64	251.2
Treasury Stock	-0.08	-96.84	-96.71	-82.39	-82.39	-77.25
Comprehensive Income & Other	-5.88	-2.52	-5.8	-7.1	-7.15	-4.01
Shareholders' Equity	630.98	532.2	446.93	302.21	239.57	205.22
Total Liabilities & Equity	1,555	1,254	1,204	1,137	1,063	995.44
Total Debt	632.27	475.54	484.33	537.9	560.13	554.21
Net Cash (Debt)	-608.75	-452.26	-427.15	-515.94	-544.84	-537.11
Net Cash Per Share	-23.12	-17.19	-16.13	-19.16	-20.18	-19.13
Filing Date Shares Outstanding	26.32	26.31	26.28	26.83	26.92	27.24
Total Common Shares Outstanding	26.32	26.28	26.28	26.92	26.91	27.28
Working Capital	108.38	100.67	172.75	107.99	48.72	21.42
Book Value Per Share	23.98	20.25	17.01	11.23	8.90	7.52
Tangible Book Value	408.73	300.17	202.23	43.13	-33.39	-79.35
Tangible Book Value Per Share	15.53	11.42	7.70	1.60	-1.24	-2.91
Land	-	256.42	175.87	179.87	152.83	129.82
Machinery	-	490.98	434.28	374.94	376.22	363.78
Construction In Progress	-	67.86	4.99	1.85	24.66	0.1

Source: S&P Capital IQ. Standard template. Financial Sources.