Under Total Stockholder Equity vs Other Assets Analysis
UA Stock | USD 8.76 1.18 11.87% |
Under Armour financial indicator trend analysis is much more than just breaking down Under Armour C prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Under Armour C is a good investment. Please check the relationship between Under Armour Total Stockholder Equity and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Total Stockholder Equity vs Other Assets
Total Stockholder Equity vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour C Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Under Armour's Total Stockholder Equity and Other Assets is 0.51. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Under Armour C, assuming nothing else is changed. The correlation between historical values of Under Armour's Total Stockholder Equity and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Under Armour C are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Under Armour's Total Stockholder Equity and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Other Assets
Most indicators from Under Armour's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Under Armour C current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At present, Under Armour's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.35, whereas Selling General Administrative is forecasted to decline to about 1.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.7B | 5.9B | 5.7B | 3.4B | Interest Expense | 44.3M | 12.8M | 14.7M | 15.1M |
Under Armour fundamental ratios Correlations
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Under Armour Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Under Armour fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8B | 5.0B | 5.0B | 4.9B | 4.8B | 5.0B | |
Total Stockholder Equity | 2.2B | 1.7B | 2.1B | 2.0B | 2.2B | 1.1B | |
Net Debt | 171.4M | 511.2M | 488.2M | (165.1M) | 809.3M | 584.1M | |
Cash | 788.1M | 1.5B | 1.7B | 711.9M | 858.7M | 901.6M | |
Non Current Assets Total | 2.1B | 1.8B | 1.7B | 1.9B | 1.9B | 2.0B | |
Non Currrent Assets Other | 88.3M | 72.9M | 75.5M | 58.4M | 91.5M | 52.1M | |
Other Assets | (1K) | 96.8M | 93.3M | 244.5M | 281.2M | 295.3M | |
Cash And Short Term Investments | 557.4M | 788.1M | 1.5B | 1.7B | 711.9M | 858.7M | |
Liabilities And Stockholders Equity | 4.2B | 4.8B | 5.0B | 5.0B | 4.9B | 4.8B | |
Non Current Liabilities Total | 1.3B | 1.9B | 1.5B | 1.5B | 1.4B | 1.5B | |
Inventory | 892.3M | 896.0M | 811.4M | 1.2B | 958.5M | 536.2M | |
Other Stockholder Equity | 916.6M | 973.7M | 1.1B | 1.1B | 1.1B | 1.2B | |
Total Liab | 2.7B | 3.4B | 2.9B | 2.9B | 2.6B | 2.7B | |
Total Current Assets | 2.7B | 3.2B | 3.3B | 3.0B | 2.9B | 1.4B | |
Short Long Term Debt Total | 728.8M | 1.3B | 2.0B | 1.5B | 1.5B | 1.4B | |
Other Current Liab | 83.8M | 92.5M | 73.7M | 51.6M | 34.3M | 32.6M | |
Total Current Liabilities | 1.4B | 1.4B | 1.5B | 1.4B | 1.2B | 648.2M | |
Property Plant And Equipment Net | 1.4B | 1.2B | 1.1B | 1.2B | 1.1B | 1.2B | |
Retained Earnings | 1.2B | 673.9M | 1.0B | 929.6M | 1.0B | 670.2M | |
Accounts Payable | 618.2M | 576.0M | 613.3M | 649.1M | 483.7M | 298.0M | |
Net Receivables | 708.7M | 527.3M | 569.0M | 759.9M | 757.3M | 795.2M | |
Other Current Assets | 313.2M | 282.3M | 286.4M | 297.6M | 289.2M | 145.9M | |
Property Plant And Equipment Gross | 792.1M | 1.2B | 1.1B | 1.2B | 2.3B | 2.4B | |
Short Term Debt | 25M | 125.9M | 162.6M | 138.7M | 141.0M | 80.9M | |
Common Stock | 148K | 149K | 150K | 158K | 147K | 144K | |
Current Deferred Revenue | 641.8M | 594.1M | 582.3M | 624.5M | 515.2M | 427.2M | |
Accumulated Other Comprehensive Income | (39.0M) | (50.8M) | (59.2M) | (47.6M) | (67.8M) | (77.1M) | |
Intangible Assets | 36.3M | 13.3M | 11.0M | 8.9M | 7M | 6.7M | |
Other Liab | 208.3M | 98.1M | 98.4M | 86.6M | 99.6M | 104.6M | |
Net Tangible Assets | 1.4B | 1.6B | 1.2B | 1.6B | 1.8B | 1.2B | |
Long Term Debt | 592.7M | 1.0B | 662.5M | 674.5M | 594.9M | 560.6M | |
Good Will | 550.2M | 502.2M | 495.2M | 482.0M | 478.3M | 440.4M | |
Retained Earnings Total Equity | 1.1B | 1.2B | 673.9M | 1.0B | 1.2B | 819.3M | |
Property Plant Equipment | 792.1M | 658.7M | 1.1B | 1.2B | 1.3B | 1.4B | |
Long Term Debt Total | 592.7M | 1.0B | 662.5M | 674.5M | 775.6M | 674.0M | |
Capital Surpluse | 973.7M | 1.1B | 1.1B | 1.1B | 1.3B | 919.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Under Armour. If investors know Under will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Under Armour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.611 | Earnings Share (0.04) | Revenue Per Share 12.41 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0336 |
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Under Armour's market value can be influenced by many factors that don't directly affect Under Armour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.