Universal Stainless & Alloy
Universal Stainless & Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Its products include stainless steel, nickel alloys, tool steel, and various other alloyed steels. The company offers semi-finished and finished long products in the form of ingots, billets, and bars; fla… Read more
Universal Stainless & Alloy (USAP) - Total Assets
Latest total assets as of September 2024: $371.51 Million USD
Based on the latest financial reports, Universal Stainless & Alloy (USAP) holds total assets worth $371.51 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Universal Stainless & Alloy - Total Assets Trend (1994–2023)
This chart illustrates how Universal Stainless & Alloy’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Universal Stainless & Alloy - Asset Composition Analysis
Current Asset Composition (December 2023)
Universal Stainless & Alloy's total assets of $371.51 Million consist of 54.9% current assets and 45.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $39.03 Million | 10.9% |
| Inventory | $144.70 Million | 40.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2023)
This chart illustrates how Universal Stainless & Alloy's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Universal Stainless & Alloy's current assets represent 54.9% of total assets in 2023, a decrease from 81.1% in 1994.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 21.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is inventory at 40.6% of total assets.
Universal Stainless & Alloy Competitors by Total Assets
Key competitors of Universal Stainless & Alloy based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Angang Steel Co Ltd Class A
SHE:000898
|
China | CN¥97.49 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
China | CN¥153.97 Billion |
|
Beijing Shougang Co Ltd
SHE:000959
|
China | CN¥129.51 Billion |
Universal Stainless & Alloy - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Universal Stainless & Alloy generates 0.80x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Universal Stainless & Alloy generates $ 1.38 in net profit.
Universal Stainless & Alloy - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.38 | 4.38 | 3.82 |
| Quick Ratio | 1.35 | 1.02 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $163.67 Million | $ 151.62 Million | $ 141.34 Million |
Universal Stainless & Alloy - Advanced Valuation Insights
This section examines the relationship between Universal Stainless & Alloy's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.67 |
| Latest Market Cap to Assets Ratio | 1.10 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $356.69 Million |
| Market Capitalization | $392.63 Million USD |
Valuation Analysis
Above Book Valuation: The market values Universal Stainless & Alloy's assets above their book value (1.10 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Universal Stainless & Alloy's assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Universal Stainless & Alloy (1994–2023)
The table below shows the annual total assets of Universal Stainless & Alloy from 1994 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $356.69 Million | -1.83% |
| 2022-12-31 | $363.33 Million | +9.89% |
| 2021-12-31 | $330.63 Million | +9.10% |
| 2020-12-31 | $303.05 Million | -17.74% |
| 2019-12-31 | $368.40 Million | +4.27% |
| 2018-12-31 | $353.32 Million | +9.99% |
| 2017-12-31 | $321.23 Million | +8.51% |
| 2016-12-31 | $296.05 Million | -0.84% |
| 2015-12-31 | $298.56 Million | -18.22% |
| 2014-12-31 | $365.05 Million | +4.84% |
| 2013-12-31 | $348.21 Million | -7.46% |
| 2012-12-31 | $376.27 Million | +2.69% |
| 2011-12-31 | $366.41 Million | +72.29% |
| 2010-12-31 | $212.67 Million | +17.03% |
| 2009-12-31 | $181.71 Million | -0.67% |
| 2008-12-31 | $182.94 Million | +11.35% |
| 2007-12-31 | $164.30 Million | +5.92% |
| 2006-12-31 | $155.12 Million | +20.22% |
| 2005-12-31 | $129.03 Million | +19.65% |
| 2004-12-31 | $107.84 Million | +26.98% |
| 2003-12-31 | $84.92 Million | +1.05% |
| 2002-12-31 | $84.04 Million | +5.79% |
| 2001-12-31 | $79.45 Million | +7.73% |
| 2000-12-31 | $73.75 Million | +8.13% |
| 1999-12-31 | $68.20 Million | +5.74% |
| 1998-12-31 | $64.50 Million | +14.77% |
| 1997-12-31 | $56.20 Million | +33.49% |
| 1996-12-31 | $42.10 Million | +29.94% |
| 1995-12-31 | $32.40 Million | +118.92% |
| 1994-12-31 | $14.80 Million | -- |