Universal Logistics Holdings Inc (ULH) — Tangible Net Worth Ratio
Universal Logistics Holdings Inc (ULH) has a Tangible Net Worth Ratio of 80.7% as of September 2025. This metric is calculated by deducting intangible assets ($111.41 Million) from net assets ($578.07 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Universal Logistics Holdings Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Universal Logistics Holdings Inc Tangible Net Worth Ratio (2000–2024)
This chart shows how Universal Logistics Holdings Inc's Tangible Net Worth Ratio has changed across 24 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 80.7%, reflecting net assets of $578.07 Million with intangible assets of $111.41 Million USD. See how many days can Universal Logistics Holdings Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Universal Logistics Holdings Inc (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Universal Logistics Holdings Inc from 2000 to 2024, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Universal Logistics Holdings Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 76.7% | $647.02 Million | $150.93 Million | $1.79 Billion | ▼ -11.8 pp |
| 2023 | 88.5% | $532.20 Million | $61.30 Million | $1.25 Billion | ▲ +5.0 pp |
| 2022 | 83.4% | $446.93 Million | $73.97 Million | $1.20 Billion | ▲ +12.7 pp |
| 2021 | 70.8% | $302.21 Million | $88.35 Million | $1.14 Billion | ▲ +13.4 pp |
| 2020 | 57.3% | $239.57 Million | $102.24 Million | $1.06 Billion | ▲ +13.9 pp |
| 2019 | 43.4% | $205.22 Million | $116.11 Million | $970.53 Million | ▼ -2.2 pp |
| 2018 | 45.6% | $209.30 Million | $113.78 Million | $842.82 Million | ▼ -35.8 pp |
| 2017 | 81.5% | $168.76 Million | $31.26 Million | $610.59 Million | ▲ +6.7 pp |
| 2016 | 74.8% | $147.73 Million | $37.19 Million | $570.46 Million | ▲ +8.9 pp |
| 2015 | 65.9% | $131.08 Million | $44.66 Million | $511.00 Million | ▲ +5.2 pp |
| 2014 | 60.8% | $137.16 Million | $53.82 Million | $529.01 Million | ▲ +20.3 pp |
| 2013 | 40.5% | $105.56 Million | $62.81 Million | $490.14 Million | ▼ -47.0 pp |
| 2012 | 87.5% | $57.37 Million | $7.16 Million | $327.37 Million | ▼ -6.6 pp |
| 2011 | 94.1% | $162.14 Million | $9.49 Million | $228.94 Million | ▲ +1.4 pp |
| 2010 | 92.7% | $164.21 Million | $11.98 Million | $212.05 Million | ▲ +2.1 pp |
| 2009 | 90.6% | $154.43 Million | $14.56 Million | $201.61 Million | ▲ +0.7 pp |
| 2008 | 89.9% | $164.48 Million | $16.68 Million | $211.55 Million | ▲ +1.2 pp |
| 2007 | 88.7% | $151.44 Million | $17.12 Million | $207.19 Million | ▲ +1.1 pp |
| 2006 | 87.6% | $134.45 Million | $16.68 Million | $190.90 Million | ▼ -4.8 pp |
| 2005 | 92.4% | $113.17 Million | $8.63 Million | $158.08 Million | ▼ -4.4 pp |
| 2003 | 96.7% | $31.49 Million | $1.03 Million | $66.84 Million | ▲ +0.5 pp |
| 2002 | 96.3% | $27.32 Million | $1.02 Million | $58.62 Million | ▼ -3.7 pp |
| 2001 | 100.0% | $30.44 Million | $0.00 | $39.10 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $23.23 Million | $0.00 | $30.71 Million | — |