Universal Technical Institute, Inc. (UTI) quarterly balance sheet — complete assets, liabilities & equity history
Universal Technical Institute, Inc. (UTI) balance sheet — 26-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 258.08M | 243.78M | 248.66M | 246.63M | 185.18M | 198.45M | 230.87M | 221.95M | 176.56M | 170.23M | 197.44M | 204.99M | 164.48M | 174.61M | 215.04M | 135.95M | 121.94M | 109.47M | 147.28M | 183.39M |
| Cash & Short-Term Investments | 170.12M | 161.98M | 162.81M | 169.15M | 120.56M | 135.69M | 172M | 161.9M | 115.5M | 116.1M | 143.59M | 151.55M | 110.51M | 120.58M | 162.23M | 95.37M | 70.71M | 61.5M | 99.51M | 133.72M |
| Cash Only | 130.06M | 87.23M | 93.57M | 127.36M | 73.4M | 96M | 172M | 161.9M | 115.5M | 116.1M | 143.59M | 151.55M | 110.51M | 120.58M | 162.23M | 66.45M | 70.71M | 61.5M | 99.51M | 133.72M |
| Short-Term Investments | 40.06M | 74.75M | 69.24M | 41.78M | 47.16M | 39.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.92M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 56.53M | 51.35M | 51.68M | 52.67M | 43.71M | 37.57M | 34.16M | 37.3M | 36.22M | 30.46M | 28.72M | 31.15M | 31.12M | 31.39M | 27.98M | 22.09M | 32.1M | 20.98M | 20.32M | 22.69M |
| Days Sales Outstanding | 22.42 | 20.94 | 21.74 | 19.93 | 18.1 | 15.56 | 16.32 | 17.22 | 17.1 | 14.62 | 15.77 | 16.82 | 18.55 | 16.31 | 19.19 | 22.53 | 23.92 | 18.21 | 18.83 | 25.36 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -632K | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 13.97M | 11.94M | 10.33M | 12.29M | 6.96M | 11.13M | 11.87M | 10.81M | 11.19M | 11.48M | 13.01M | 12.87M | 11.7M | 12.76M | 13.41M | 4.81M | 12.04M | 18.94M | 19.87M | 20.32M |
| Total Non-Current Assets | 639.78M | 608.4M | 585.3M | 579.51M | 555.58M | 521.99M | 522.88M | 522.62M | 529.48M | 531.85M | 534.97M | 535.7M | 542.26M | 538.11M | 533.03M | 416.96M | 418.34M | 407.88M | 386.25M | 329.18M |
| Property, Plant & Equipment | 520.77M | 493.69M | 473.94M | 464.71M | 443.1M | 415.83M | 417.93M | 423.57M | 427.42M | 433.16M | 438.89M | 443M | 448.35M | 445.5M | 440.78M | 346.33M | 346.92M | 334.82M | 310.44M | 281.13M |
| Fixed Asset Turnover | 0.43x | 0.46x | 0.47x | 0.49x | 0.48x | 0.50x | 0.48x | 0.46x | 0.41x | 0.42x | 0.40x | 0.38x | 0.34x | 0.37x | 0.30x | 0.32x | 0.30x | 0.32x | 0.36x | 0.36x |
| Goodwill | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 28.46M | 26.99M | 16.86M | 16.86M | 16.86M | 18.03M | 8.22M |
| Intangible Assets | 25.54M | 21.41M | 21.02M | 17.35M | 17.57M | 17.78M | 18.01M | 18.23M | 18.45M | 18.63M | 18.8M | 18.98M | 19.15M | 19.32M | 18.89M | 14.21M | 16.24M | 16.27M | 16.3M | 124K |
| Long-Term Investments | 45.44M | 46.26M | 45.69M | 58.1M | 40.63M | 40.89M | 40.94M | 43.5M | 36.65M | 36.4M | 33.39M | 30.67M | 29.93M | 0 | 32.48M | 2.07M | 30.59M | 31.49M | 36.82M | 35.21M |
| Other Non-Current Assets | 17.26M | 15.83M | 14.23M | 6.59M | 22.87M | 14.94M | 13.14M | 5.3M | 11.91M | 10.65M | 10.57M | 10.82M | 11.14M | 39.48M | 7.78M | 34.12M | 4.1M | 4.53M | 41.48M | -43.52M |
| Total Assets | 897.86M | 852.18M | 833.96M | 826.14M | 740.76M | 720.44M | 753.76M | 744.58M | 706.04M | 702.09M | 732.41M | 740.68M | 706.74M | 712.72M | 748.07M | 552.91M | 540.28M | 517.35M | 533.54M | 512.57M |
| Asset Turnover | 0.25x | 0.26x | 0.27x | 0.28x | 0.28x | 0.28x | 0.27x | 0.27x | 0.25x | 0.26x | 0.24x | 0.24x | 0.22x | 0.22x | 0.18x | 0.20x | 0.19x | 0.19x | 0.20x | 0.20x |
| Asset Growth % | 21.21% | 18.29% | 10.64% | 10.95% | 4.92% | 2.61% | 2.91% | 0.53% | -0.1% | -1.49% | -2.09% | 33.96% | 30.81% | 37.76% | 40.21% | 7.87% | 13.74% | 17.49% | 22.77% | 15.97% |
| Total Current Liabilities | 198.29M | 207.93M | 217.87M | 229.67M | 185.03M | 185.1M | 202.36M | 204.96M | 173.76M | 166.44M | 181.94M | 184.7M | 150.94M | 154.54M | 169.21M | 137.72M | 120.93M | 118.35M | 123.2M | 132.72M |
| Accounts Payable | 105.76M | 42.6M | 29.98M | 39.12M | 22.84M | 19.82M | 23.88M | 26.27M | 18.83M | 17.66M | 17.99M | 14.44M | 13.62M | 11.83M | 13.04M | 21.75M | 13.82M | 9.07M | 11.63M | 13.7M |
| Days Payables Outstanding | - | 27.68 | 28.78 | 25.52 | 18.28 | 19.19 | 23.04 | 20.88 | 17.43 | 16.64 | 16.14 | 13.85 | 13.1 | 12.87 | 26.06 | 28.75 | 19.57 | 18.93 | 24.33 | 27.07 |
| Short-Term Debt | 2.99M | 2.95M | 2.9M | 2.87M | 1.82M | 2.78M | 2.74M | 2.7M | 2.66M | 2.6M | 2.56M | 2.52M | 2.48M | 2.32M | 1.95M | 1.11M | 929K | 2.37M | 884K | 876K |
| Deferred Revenue (Current) | 70.72M | 74.03M | 88.58M | 91.53M | 67.04M | 74.94M | 88.38M | 92.54M | 65.98M | 67.6M | 81.47M | 85.74M | 57.48M | 64.81M | 75.33M | 54.22M | 42.68M | 42.01M | 50.81M | 57.65M |
| Other Current Liabilities | 4M | 32.15M | 51.37M | 57.67M | 28.19M | 39.82M | 41.77M | 39.31M | 41.62M | 26.77M | 29.78M | 23.19M | 23.88M | 32.89M | 27.24M | 19.25M | 22.25M | 22.41M | 20.2M | 31.94M |
| Current Ratio | 1.30x | 1.17x | 1.14x | 1.07x | 1.00x | 1.07x | 1.14x | 1.08x | 1.02x | 1.02x | 1.09x | 1.11x | 1.09x | 1.13x | 1.27x | 0.99x | 1.01x | 0.92x | 1.20x | 1.38x |
| Quick Ratio | 1.30x | 1.17x | 1.14x | 1.07x | 1.00x | 1.07x | 1.14x | 1.08x | 1.02x | 1.02x | 1.09x | 1.11x | 1.09x | 1.13x | 1.27x | 0.99x | 1.01x | 0.92x | 1.20x | 1.38x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 355.26M | 304.35M | 280.19M | 268.36M | 248.95M | 241.43M | 271.42M | 279.38M | 292.9M | 303.03M | 328.29M | 330.02M | 335.67M | 337.31M | 361.57M | 199.79M | 207.71M | 188.27M | 207.73M | 191.32M |
| Long-Term Debt | 157.04M | 125.52M | 98.52M | 84.23M | 67.87M | 91.64M | 117.33M | 123.01M | 134.67M | 139.32M | 158.96M | 159.6M | 160.22M | 160.82M | 161.03M | 66.42M | 66.83M | 46.05M | 29.64M | 29.85M |
| Capital Lease Obligations | 184.62M | 167.04M | 169.57M | 174.84M | 171.58M | 140.59M | 144.41M | 146.83M | 153.27M | 158.45M | 164.13M | 165.03M | 170.89M | 171.7M | 195.73M | 129.3M | 136.82M | 137.63M | 171.32M | 153.23M |
| Deferred Tax Liabilities | 4.14M | 4.14M | 4.13M | 4.14M | 4.7M | 4.7M | 4.7M | 4.7M | 663K | 663K | 663K | 663K | 0 | 0 | 0 | 0 | 0 | 0 | 1.96M | 674K |
| Other Non-Current Liabilities | 9.45M | 7.64M | 7.97M | 5.14M | 4.8M | 4.51M | 4.99M | 4.85M | 4.3M | 4.61M | 4.54M | 4.73M | 4.56M | 4.78M | 4.82M | 4.07M | 4.05M | 4.59M | 4.81M | 7.57M |
| Total Liabilities | 553.56M | 512.28M | 498.05M | 498.03M | 433.97M | 426.53M | 473.78M | 484.34M | 466.66M | 469.48M | 510.23M | 514.72M | 486.61M | 491.85M | 530.79M | 337.51M | 328.64M | 306.62M | 330.93M | 324.04M |
| Total Debt | 359.47M | 316.22M | 289.57M | 278.9M | 261M | 256.93M | 286.16M | 294.75M | 312.87M | 323.21M | 348.17M | 349.62M | 354.88M | 356.08M | 382.91M | 209.8M | 217.78M | 198.99M | 218.22M | 198.03M |
| Net Debt | 229.41M | 228.99M | 196M | 151.54M | 187.61M | 160.94M | 114.16M | 132.84M | 197.36M | 207.11M | 204.58M | 198.08M | 244.37M | 235.5M | 220.68M | 143.35M | 147.07M | 137.5M | 118.71M | 64.31M |
| Debt / Equity | 1.04x | 0.93x | 0.86x | 0.85x | 0.85x | 0.87x | 1.02x | 1.13x | 1.31x | 1.39x | 1.57x | 1.55x | 1.61x | 1.61x | 1.76x | 0.97x | 1.03x | 0.94x | 1.08x | 1.05x |
| Debt / EBITDA | 87.42x | 19.80x | 9.35x | 8.33x | 9.11x | 8.37x | 6.97x | 7.52x | 15.38x | 13.57x | 13.02x | 15.84x | 27.98x | 19.09x | 27.71x | 18.27x | 21.72x | 16.71x | 10.04x | 9.86x |
| Net Debt / EBITDA | 55.79x | 14.34x | 6.33x | 4.52x | 6.55x | 5.24x | 2.78x | 3.39x | 9.70x | 8.70x | 7.65x | 8.97x | 19.27x | 12.63x | 15.97x | 12.48x | 14.67x | 11.54x | 5.46x | 3.20x |
| Interest Coverage | 4.06x | 0.30x | 17.70x | 29.12x | 10.15x | 11.16x | 17.45x | 12.19x | 3.46x | 5.12x | 4.96x | 3.92x | 0.22x | 2.99x | 3.13x | 5.04x | 3.54x | 7.25x | 58.27x | 54.94x |
| Total Equity | 344.31M | 339.9M | 335.91M | 328.11M | 306.79M | 293.91M | 279.98M | 260.23M | 239.38M | 232.61M | 222.19M | 225.97M | 220.13M | 220.87M | 217.29M | 215.4M | 211.64M | 210.74M | 202.61M | 188.53M |
| Equity Growth % | 12.23% | 15.65% | 19.98% | 26.08% | 28.16% | 26.35% | 26.01% | 15.16% | 8.75% | 5.32% | 2.25% | 4.91% | 4.01% | 4.81% | 7.25% | 14.25% | 19.44% | 19.43% | 13.63% | 6.8% |
| Book Value per Share | 6.16 | 6.10 | 6.03 | 5.89 | 5.51 | 5.30 | 5.05 | 4.70 | 4.36 | 4.25 | 5.93 | 6.49 | 6.46 | 6.39 | 6.31 | 6.28 | 6.36 | 6.30 | 6.03 | 5.65 |
| Total Shareholders' Equity | 344.31M | 339.9M | 335.91M | 328.11M | 306.79M | 293.91M | 279.98M | 260.23M | 239.38M | 232.61M | 222.19M | 225.97M | 220.13M | 220.87M | 217.29M | 215.4M | 211.64M | 210.74M | 202.61M | 188.53M |
| Common Stock | 6K | 6K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 5K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K |
| Retained Earnings | 117.07M | 114.79M | 114.35M | 101.53M | 82.77M | 72.11M | 60.66M | 38.51M | 19.67M | 14.68M | 6.9M | 5.95M | 521K | 2.29M | 64K | -1.31M | -2.89M | -2.44M | -8.5M | -22M |
| Treasury Stock | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K | -365K |
| Accumulated OCI | 872K | 725K | 817K | 912K | 1.01M | 1.26M | 1.65M | 1.11M | 1.92M | 1.93M | 1.58M | 2.46M | 2.06M | 1.55M | 2.09M | 2.21M | 1.09M | 755K | -106K | -279K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |