Can Universal Technical Institute cover its short-term obligations?

Its current ratio is 1.17 — current assets exceed current liabilities.

Where does Universal Technical Institute's balance sheet data come from?

Every line is extracted from Universal Technical Institute's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Universal Technical Institute UTI Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25
Cash and cash equivalents	$93.61M-6.9%	$97.47M-45.2%	$134.13M-19.9%	$73.4M-38.4%	$100.51M-16.6%
Restricted cash	$6.37M+41.2%	$3.9M-32.2%	$6.77M+21.5%	$2.73M-24.5%	$4.52M+1.6%
Accounts receivable, net	$44.62M+42.8%	$44.99M+61.0%	$46.08M+48.2%	$37.21M+23.9%	$31.24M+28.6%
Prepaid expenses and other current assets	$18.51M+31.6%	$23.84M+85.5%	$12.53M+4.9%	$13.95M+2.2%	$14.06M+15.2%
Total current assets	$243.79M+22.8%	$248.66M+7.7%	$246.63M+11.1%	$185.18M+4.9%	$198.45M+16.6%
Property and equipment, net	$324.81M+23.2%	$300.86M+14.7%	$285.85M+8.0%	$267.72M+1.7%	$263.72M+0.1%
Accumulated depreciation	$200.57M-6.4%	$194.33M-9.6%	$206.26M-0.9%	$199.52M-1.3%	$214.37M+9.0%
Total property and equipment, gross	$525.39M+9.9%	$495.2M+3.8%	$492.11M+4.0%	$467.24M+0.4%	$478.08M+3.9%
Operating lease right-of-use assets	5.1%+0.2%	5.1%+0.2%	5.1%-15,877,799,995%	5.1%+0.2%	4.9%0.0%
Goodwill	$28.46M0.0%	$28.46M0.0%	$28.46M0.0%	$28.46M0.0%	$28.46M0.0%
Intangible assets, net	$5.11M-71.3%	$4.72M-73.8%	$17.35M-4.8%	$17.57M+716%	$17.78M+664%
Deferred tax assets	$4.14M-11.8%	$4.14M-11.9%	$4.14M-11.8%	$4.7M+608%	$4.7M+608%
Other non-current assets	$45.21M+13.1%	$44.67M+12.9%	$41.11M+13.4%	$40.01M+13.8%	$39.97M+14.5%
Long-term investments	——	——	——	——	——
Held-to-maturity securities	——	——	——	——	——
Total assets	$852.19M+18.3%	$833.96M+10.6%	$826.14M+11.0%	$740.76M+4.9%	$720.44M+2.6%
Accounts payable	$42.6M+115%	$29.98M+25.5%	$39.12M+48.9%	$22.84M+21.3%	$19.82M+12.3%
Accrued expenses	$35.49M+4.0%	$36.79M+8.6%	$44M+1,105%	$45.4M+17.6%	$34.13M+17.8%
Deferred revenue	$74.03M-1.2%	$88.58M+0.2%	$91.53M-1.1%	$67.04M+1.6%	$74.94M+10.9%
Current portion of long-term debt	$2.95M+6.3%	$2.9M+6.1%	$2.87M+6.2%	$2.82M+6.3%	$2.78M+6.9%
Operating lease liabilities, current	$20.7M-5.6%	$18.58M-14.3%	$16.97M-23.6%	$18.73M-15.9%	$21.93M-4.0%
Finance Lease Liability, Current	——	——	——	——	——
Contract liabilities	$74.03M-1.2%	$88.58M+0.2%	$91.53M-1.1%	$67.04M+1.6%	$74.94M+10.9%
Total current liabilities	$207.93M+12.3%	$217.87M+7.7%	$229.67M+12.1%	$185.03M+6.5%	$185.1M+11.2%
Long-term debt	$127.78M+39.4%	$98.52M-16.0%	$84.23M-31.5%	$70.94M-47.3%	$91.64M-34.2%
Operating lease liabilities, non-current	$164.78M+17.2%	$169.57M+17.4%	$174.84M+19.1%	$168.51M+9.9%	$140.59M-11.3%
Finance Lease Liabilities (Total)	$3.34M-22.7%	$3.59M-21.1%	$3.83M-19.6%	$4.08M-18.2%	$4.32M-16.9%
Operating Lease Liabilities (Total)	$185.48M+14.1%	$188.15M+13.3%	$191.81M+13.5%	$187.24M+6.7%	$162.51M-10.4%
Finance lease liabilities	$2.26M-32.3%	$2.54M-29.4%	$2.81M-26.8%	$3.07M-24.6%	$3.34M-22.5%
Other non-current liabilities	$7.64M+69.6%	$7.97M+59.7%	$5.14M+6.1%	$4.8M+11.8%	$4.51M-2.1%
Total liabilities	$127.64M-70.1%	$98.1M-79.3%	$83.56M-82.7%	$433.97M-7.0%	$426.53M-9.1%
Common stock	100M0.0%	100M0.0%	100M+1,999,900%	100M0.0%	100M0.0%
Additional paid-in capital	$224.75M+1.7%	$221.1M+1.4%	$226.03M+2.3%	$223.36M+2.4%	$220.9M+2.1%
Retained earnings	$114.79M+59.2%	$114.35M+88.5%	$101.53M+164%	$82.77M+321%	$72.11M+391%
Accumulated other comprehensive income (loss)	$725K-42.7%	$817K-50.5%	$912K-17.5%	$1.01M-47.3%	$1.27M-34.5%
Treasury stock	$365K0.0%	$365K0.0%	$365K0.0%	$365K0.0%	$365K0.0%
Total stockholders' equity	$339.91M+15.6%	$335.91M+20.0%	$328.11M+26.1%	$306.79M+28.2%	$293.91M+26.4%
Total liabilities and stockholders' equity	$852.19M+18.3%	$833.96M+10.6%	$826.14M+11.0%	$740.76M+4.9%	$720.44M+2.6%
Other current assets	$5.57M-15.8%	$6.43M+5.2%	$5.52M+5.3%	$6.96M-8.2%	$6.62M-5.9%
Finance Receivables (Current)	$6.74M+6.3%	$6.7M+7.6%	$6.6M+6.4%	$6.5M+5.0%	$6.33M+2.8%
Deferred Tax Assets and Other Non-Current Assets	$16.89M+6.6%	$15.25M+5.0%	$23.59M+88.3%	$23.49M+75.3%	$15.85M+30.6%
Equipment Installment Plan Receivables (Non-Current), Net	$45.21M+13.1%	$44.67M+12.9%	$41.11M+13.4%	$40.01M+13.8%	$39.97M+14.5%
Finance lease right-of-use assets	——	——	——	——	——
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——	——
Goodwill and Intangible Assets, Net	——	——	——	——	——
Held-to-Maturity Debt Securities - Fair Value	——	——	——	——	——
Intangible Assets Gross (Excluding Goodwill)	——	——	——	——	——
Net Investment in Lease	$168.88M+11.0%	$173.08M+11.2%	$178.86M+12.6%	$175.38M+6.8%	$152.12M-10.3%
Accounts and notes receivable	$98.61M+22.8%	$97.18M+28.0%	$98.82M+37.1%	$87.35M+21.6%	$80.33M+24.4%
Deferred tax assets	$2.74M-32.9%	$1.96M-55.6%	$4.28M+20.2%	$2.95M-55.1%	$4.09M-10.2%
Intangible assets — net	——	——	——	——	——
Other intangible assets—net	$21.41M+20.4%	$21.02M+16.8%	$17.35M-4.8%	$17.57M-4.8%	$17.78M-4.5%
Goodwill and intangible assets, net	——	——	——	——	——
Long-term financing receivables (net of allowances of $27 in 2026 and $34 in 2025)	$45.21M+13.1%	$44.67M+12.9%	$41.11M+13.4%	$40.01M+13.8%	$39.97M+14.5%
Operating lease right-of-use assets	$168.88M+11.0%	$173.08M+11.2%	$178.86M+12.6%	$175.38M+6.8%	$152.12M-10.3%
Other non-current assets	$16.89M+6.6%	$15.25M+5.0%	$23.59M+88.3%	$23.49M+75.3%	$15.85M+30.6%
Property, plant and equipment, net	$324.81M+23.2%	$300.86M+14.7%	$285.85M+8.0%	$267.72M+1.7%	$263.72M+0.1%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	——	——	——	——	——
Operating Lease Right-of-Use Assets in Other Assets	$168.88M+11.0%	$173.08M+11.2%	$178.86M+12.6%	$175.38M+6.8%	$152.12M-10.3%
Software and Technology Licenses, Net	$16.89M+6.6%	$15.25M+5.0%	$23.59M+88.3%	$23.49M+75.3%	$15.85M+30.6%
Accrued Manufacturing Costs	$35.49M+4.0%	$36.79M+8.6%	$44M+23.4%	$45.4M+17.6%	$34.13M+17.8%
Other Commercial Liabilities	$23.29M+14.6%	$21.7M+15.2%	$17.07M-0.3%	$18.08M+4.3%	$20.33M+8.7%
Accounts payable and other current liabilities (Note 11)	$106.36M+33.4%	$93.23M+14.2%	$104.64M+24.8%	$91.28M+14.3%	$79.76M+13.8%
Accrued Liabilities, Current	$23.29M+14.6%	$21.7M+15.2%	$17.07M-0.3%	$18.08M+4.3%	$20.33M+8.7%
Compensation and benefits	$35.49M+4.0%	$36.79M+8.6%	$44M+23.4%	$45.4M+17.6%	$34.13M+17.8%
Other accrued liabilities	$3.88M-31.8%	$14.57M+84.5%	$13.67M+274%	$5.15M+71.2%	$5.69M+71.4%
Finance Lease Liability Payment Due	——	——	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	——	——	——	——	——
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——	——
Lease Liability Payments - 2021	——	——	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	——	——	——	——
Lease Liability Payments - Due Year Two	——	——	——	——	——
Lease Liability Payments - Due Year Three	——	——	——	——	——
Lease Liability Payments - Due Year Four	——	——	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	——	——	——	——
Operating Lease Liability Payments Due	——	——	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	——	——	——	——
Debt Maturity - 2024	——	——	——	——	——
Debt Maturity - 2027	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$245K-27.3%	$268K-25.6%	$291K-24.0%	$314K-22.7%	$337K-21.4%
Operating Lease Liability Payments - 2027 (Lessee)	——	——	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	——	——	——	——
Long-Term Debt - Fair Value	——	——	——	——	——
Notes Payable - Fair Value	——	——	——	——	——
Total debt	$319.55M+22.3%	$293.16M+0.8%	$282.74M-5.6%	$265.08M-16.6%	$261.25M-20.4%
Total Carrying Value of Debt	$130.98M+38.2%	$101.69M-15.6%	$87.39M-30.7%	$74.08M-46.2%	$94.76M-33.4%
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	55.1M+1.2%	55.1M+1.2%	54.5M+1.1%	54.5M+1.1%	54.5M+1.1%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$6K+20.0%	$5K0.0%	$5K0.0%	$5K0.0%	$5K0.0%
Accrued tool sets	$4.98M-9.0%	$4.75M-6.0%	$4.46M-7.3%	$4.96M-2.0%	$5.47M+15.4%
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Common stock, shares issued (in shares)	$55.14M+1.2%	$55.1M+1.2%	$54.51M+1.1%	$54.51M+1.1%	$54.49M+1.1%
Common Stock, Shares, Outstanding	$55.06M+1.2%	$55.01M—	$54.43M—	$54.42M—	$54.41M—
Contract with Customer, Liability	$74.03M-1.2%	$88.58M+0.2%	$91.53M-1.1%	$67.04M+1.6%	$74.94M+10.9%
Long-term debt, gross	$130.98M+38.2%	$101.69M-15.6%	$87.39M-30.7%	$74.08M-46.2%	$94.76M-33.4%
Debt Instrument, Fair Value Disclosure	——	——	——	——	——
Deferred income taxes	$4.14M-11.8%	$4.14M-11.9%	$4.14M-11.8%	$4.7M+608%	$4.7M—
Current maturities of long-term debt	$1.08M+10.1%	$1.05M+10.1%	$1.03M+10.2%	$1M+10.2%	$980K+10.5%
Finance Lease Liability Payments Due	——	——	——	——	——
2027	——	——	——	——	——
Finance Lease Liability Payments Due Year Four	——	——	——	——	——
Finance Lease Liability Payments Due Year Three	——	——	——	——	——
Finance Lease Liability Payments Due Year Two	——	——	——	——	——
2031 and thereafter	——	——	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	——	——	——	——
Number of campus leased	1—	1—	——	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$2.57M-26.1%	$2.8M-24.5%	$3.03M-23.1%	$3.26M-21.8%	$3.48M-20.7%
Finance lease, accumulated amortization	$3M+42.9%	$2.8M+47.4%	$2.6M+52.9%	$2.4M+71.4%	$2.1M—
Property, plant and equipment	$5.6M0.0%	$5.6M0.0%	$5.6M0.0%	$5.68M+1.4%	$5.6M0.0%
Thereafter	——	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	——	——	——	——	——
2028	——	——	——	——	——
2030	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
2027	——	——	——	——	——
2029	——	——	——	——	——
Indefinite- lived intangible impairment	——	——	——	——	——
Lease, Liability	$188.82M+13.2%	$191.74M+12.4%	$195.64M+12.6%	$191.32M+6.0%	$166.83M-10.5%
Lease, Right-of-Use Asset	$171.45M+10.2%	$175.88M+10.4%	$181.89M+11.8%	$178.64M+6.1%	$155.6M-10.6%
Lessee Operating Lease Liability Payments Due	——	——	——	——	——
2031 and thereafter	——	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	——	——	——	——
2028	——	——	——	——	——
2029	——	——	——	——	——
2027	——	——	——	——	——
Remainder of 2026	——	——	——	——	——
2030 and thereafter	——	——	——	——	——
Number of leasable campuses	——	——	——	——	——
Number of other locations under non-cancelable operating leases	——	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	$0.05+4.1%	$0.05+4.1%	$0.05+4.5%	$0.05+3.7%	$0.05+0.8%
Prepaid expenses	$18.51M+31.6%	$23.84M+85.5%	$12.53M+4.9%	$13.95M+2.2%	$14.06M+15.2%
Treasury stock, shares (in shares)	$82K0.0%	$82K0.0%	$82K0.0%	$82K0.0%	$82K0.0%
Remainder of Fiscal Year 2024	——	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——	——
Weighted-Average Discount Rate	6%0.0%	6%0.0%	6%0.0%	6%0.0%	6%0.0%
Weighted-Average Discount Rate - Finance Leases	$0.060.0%	$0.060.0%	$0.060.0%	$0.060.0%	$0.060.0%

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Questions, answered.

Can Universal Technical Institute cover its short-term obligations?: Its current ratio is 1.17 — current assets exceed current liabilities.
Where does Universal Technical Institute's balance sheet data come from?: Every line is extracted from Universal Technical Institute's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.