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UCTT

Ultra Clean Holdings, Inc.
CIK 0001275014 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
17.0
composite ยท 3 signals ยท ELEVATED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-07 ยท FY 2025-12-26 ยท ELEVATED21.3

Pension underfunding

DB plan 89% funded โ€” -$2M deficit (0% of equity)
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-23) โ†—
Evidence โ€” inputs and thresholds
{
  "benefit_obligation": 15200000,
  "plan_assets": 13600000,
  "funded_ratio": 0.8947,
  "deficit": -1600000,
  "deficit_vs_equity": 0.0023,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": false,
  "latest_filing_period": "2025-12-26",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1275014/000162828026010744/0001628280-26-010744-index.htm",
    "form": "10-K",
    "filed": "2026-02-23"
  }
}
P-13 ยท FY 2023-12-29 ยท ELEVATED17.0

Zombie / distress

[FY2023 data, stale โ€” no more recent EBIT figure in XBRL] Interest coverage 0.72x below 1.0
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2024-03-06) โ†—
Evidence โ€” inputs and thresholds
{
  "icr_by_year": {
    "2025-12-26": null,
    "2024-12-27": null,
    "2023-12-29": 0.721,
    "2022-12-30": 3.552
  },
  "consecutive_years_below_1": 1,
  "altman_z_double_prime": 3.688,
  "definitions": {
    "zombie": "ICR<1 for 3+ consecutive FYs (BIS 2018)",
    "z_distress": "<1.1 distress, 1.1-2.6 gray, >2.6 safe"
  },
  "inputs": {
    "ebit_t": 35200000,
    "interest_expense_t": 48800000
  },
  "stale": true,
  "latest_filing_period": "2025-12-26",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1275014/000095017024027213/0000950170-24-027213-index.htm",
    "form": "10-K",
    "filed": "2024-03-06"
  }
}
P-05 ยท FY 2024-12-27 ยท CLEAN0.0

Tax arbitrage

ETR 48.7% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-02-23) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-12-27": 0.4866
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-27": -0.2766
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-26",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1275014/000162828026010744/0001628280-26-010744-index.htm",
    "form": "10-K",
    "filed": "2026-02-23"
  }
}