What is Ultralife's current ratio?

Ultralife (ULBI) reported current ratio of 2.6× in Q1 2026.

How has Ultralife's current ratio changed year-over-year?

Ultralife's current ratio decreased by 20.6% year-over-year, from 3.2× to 2.6×.

What is the long-term trend for Ultralife's current ratio?

Over 4 years (2021 to 2025), Ultralife's current ratio has grown at a -5.2% compound annual growth rate (CAGR), from 3.5× to 2.8×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Ultralife ULBI Current ratio

Current ratio at other companies

Energizer HoldingsENR

2×+0.2×

Microvast Holdings, Inc.MVST

1×-0.4×

Solidion Technology, Inc.STI

0×-0.8×

KULR Technology GroupKULR

1.7×-7.5×

SES AISES

6.9×-8.8×

Enovix CorporationENVX

11×+6.3×

Other financials

Income statement

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Revenue$47.4M-6.5%

Gross profit$11.5M+8.8%

Operating income-$1.5M-159%

Net income-$471.0K+68.1%

EPS (diluted)-$8.75-192%

Balance sheet

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Cash & equivalents$8.9M+2.0%

Total debt$50.7M-11.8%

Total equity$129.6M-5.0%

Total assets$220.6M-1.4%

Cash flow

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Operating cash flow$2.3M-33.0%

CapEx$770.0K-14.0%

Free cash flow$1.5M-39.9%

Valuation

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Market cap$105.27M-22.4%

Enterprise value$147.11M-18.0%

P/S0.6×-0.2×

Profitability

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Gross margin24.1%-1.7pp

Operating margin-3.1%-9.1pp

Net margin-2.6%-4.5pp

FCF margin7.8%+3.9pp

Returns & leverage

See full

Return on equity-3.7%-6.1pp

Debt / equity0.4×0.0×

Where this comes from

Calculated from Ultralife’s reported figures.

total current assets/total current liabilities=2.6×

Based on the most recent quarter.

The official record: Ultralife’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ultralife's current ratio?: Ultralife (ULBI) reported current ratio of 2.6× in Q1 2026.
How has Ultralife's current ratio changed year-over-year?: Ultralife's current ratio decreased by 20.6% year-over-year, from 3.2× to 2.6×.
What is the long-term trend for Ultralife's current ratio?: Over 4 years (2021 to 2025), Ultralife's current ratio has grown at a -5.2% compound annual growth rate (CAGR), from 3.5× to 2.8×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.