Universal Other Stockholder Equity vs Cash Analysis
UEIC Stock | USD 10.83 0.07 0.64% |
Universal Electronics financial indicator trend analysis is much more than just breaking down Universal Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Electronics is a good investment. Please check the relationship between Universal Electronics Other Stockholder Equity and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Universal Electronics' Other Stockholder Equity and Cash is 0.29. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Universal Electronics, assuming nothing else is changed. The correlation between historical values of Universal Electronics' Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Universal Electronics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Universal Electronics' Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Universal Electronics, which is listed under current asset account on Universal Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Universal Electronics customers. The amounts must be unrestricted with restricted cash listed in a different Universal Electronics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Universal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Electronics 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 Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Electronics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 142.8 M, whereas Selling General Administrative is forecasted to decline to about 80.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 173.0M | 152.3M | 97.6M | 102.7M | Total Revenue | 601.6M | 542.8M | 420.5M | 353.9M |
Universal Electronics fundamental ratios Correlations
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Universal Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Short Long Term Debt Total | 83.6M | 33.7M | 70.3M | 103.0M | 72.4M | 37.9M | |
Other Current Liab | 94.0M | 66.7M | 59.6M | 46.0M | 42.5M | 32.7M | |
Total Current Liabilities | 266.5M | 179.5M | 216.8M | 216.5M | 161.1M | 108.5M | |
Total Stockholder Equity | 274.4M | 313.3M | 275.9M | 268.4M | 178.9M | 172.8M | |
Property Plant And Equipment Net | 110.6M | 106.8M | 94.5M | 84.4M | 63.3M | 44.5M | |
Net Debt | 9.3M | (23.5M) | 9.5M | 36.3M | 29.6M | 31.1M | |
Retained Earnings | 286.4M | 325.0M | 330.3M | 330.7M | 232.5M | 134.4M | |
Accounts Payable | 102.6M | 83.2M | 92.7M | 71.4M | 57.0M | 46.9M | |
Cash | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 44.6M | |
Non Current Assets Total | 185.4M | 183.4M | 173.2M | 166.1M | 97.0M | 87.3M | |
Non Currrent Assets Other | 2.2M | 2.8M | 2.3M | 1.9M | 1.6M | 2.9M | |
Cash And Short Term Investments | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 45.3M | |
Net Receivables | 152.6M | 142.4M | 134.6M | 124.5M | 120.5M | 77.3M | |
Common Stock Shares Outstanding | 14.1M | 14.2M | 13.7M | 12.8M | 12.9M | 12.3M | |
Liabilities And Stockholders Equity | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Non Current Liabilities Total | 23.3M | 17.5M | 17.6M | 19.3M | 15.8M | 9.1M | |
Inventory | 145.1M | 120.4M | 134.5M | 140.2M | 88.3M | 69.5M | |
Other Current Assets | 6.7M | 6.8M | 7.3M | 6.6M | 7.3M | 7.7M | |
Other Stockholder Equity | 10.5M | 6.6M | (41.1M) | (41.4M) | (33.0M) | (31.4M) | |
Total Liab | 289.8M | 197.0M | 234.4M | 235.8M | 177.0M | 116.8M | |
Property Plant And Equipment Gross | 110.6M | 106.8M | 94.5M | 84.4M | 226.6M | 237.9M | |
Total Current Assets | 378.8M | 326.8M | 337.1M | 338.0M | 258.9M | 202.3M | |
Accumulated Other Comprehensive Income | (22.8M) | (18.5M) | (13.5M) | (21.2M) | (20.8M) | (19.7M) | |
Intangible Assets | 19.8M | 19.7M | 20.2M | 24.5M | 25.3M | 15.9M | |
Short Term Debt | 68M | 26.1M | 60.8M | 93.5M | 59.8M | 43.2M | |
Good Will | 48.5M | 48.4M | 48.6M | 48.5M | 49.1M | 0.0 | |
Common Stock Total Equity | 241K | 244K | 247K | 250K | 287.5K | 223.5K | |
Common Stock | 241K | 244K | 247K | 250K | 253K | 225.7K | |
Other Assets | 6.6M | 27.8M | 10.1M | 8.2M | 9.4M | 10.4M | |
Treasury Stock | (277.8M) | (295.5M) | (355.2M) | (368.2M) | (331.4M) | (314.8M) | |
Property Plant Equipment | 90.7M | 87.3M | 94.5M | 62.8M | 72.2M | 56.4M | |
Other Liab | 7.7M | 3.8M | 3.3M | 4.3M | 4.9M | 7.2M | |
Current Deferred Revenue | 1.8M | 1.7M | 1.4M | 1.1M | 3.8M | 2.5M | |
Net Tangible Assets | 206.1M | 245.0M | 207.3M | 194.9M | 224.1M | 225.5M | |
Retained Earnings Total Equity | 286.4M | 325.0M | 330.3M | 330.7M | 380.3M | 283.9M | |
Capital Surpluse | 288.3M | 302.1M | 314.1M | 326.8M | 375.9M | 276.8M |
Also Currently Popular
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.When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Consumer Electronics 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 Universal Electronics. If investors know Universal 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 Universal Electronics 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 (0.42) | Earnings Share (2.05) | Revenue Per Share 29.552 | Quarterly Revenue Growth (0.05) | Return On Assets (0) |
The market value of Universal Electronics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' 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 Universal Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' 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 Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.