United Short Term Investments vs Total Current Assets Analysis

UG Stock  USD 12.27  0.28  2.23%   
United Guardian financial indicator trend analysis is much more than just breaking down United Guardian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Guardian is a good investment. Please check the relationship between United Guardian Short Term Investments and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Guardian Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between United Guardian's Short Term Investments and Total Current Assets is 0.71. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of United Guardian, assuming nothing else is changed. The correlation between historical values of United Guardian's Short Term Investments and Total Current 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 Short Term Investments of United Guardian are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., United Guardian's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of United Guardian balance sheet. It contains any investments United Guardian undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that United Guardian can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from United Guardian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Guardian 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 United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.The United Guardian's current Selling General Administrative is estimated to increase to about 2.6 M. The United Guardian's current Tax Provision is estimated to increase to about 941.9 K
 2021 2022 2023 2024 (projected)
Total Revenue13.9M12.7M10.9M11.2M
Interest Expense567.7K1.6M1.9M2.0M

United Guardian fundamental ratios Correlations

-0.780.08-0.070.990.57-0.050.98-0.060.12-0.830.990.41-0.12-0.680.210.23-0.46-0.520.99-0.78-0.9-0.37-0.27-0.81-0.27
-0.78-0.57-0.35-0.75-0.040.14-0.810.00.460.9-0.76-0.60.320.89-0.42-0.28-0.050.29-0.831.00.960.62-0.161.00.5
0.08-0.570.860.0-0.72-0.090.140.0-0.89-0.340.10.47-0.23-0.490.360.10.640.540.17-0.57-0.35-0.420.62-0.53-0.32
-0.07-0.350.86-0.16-0.62-0.17-0.070.12-0.7-0.16-0.080.43-0.31-0.340.290.190.70.720.0-0.36-0.160.040.65-0.32-0.35
0.99-0.750.0-0.160.610.00.98-0.110.15-0.830.980.36-0.06-0.680.220.2-0.51-0.60.98-0.75-0.89-0.38-0.33-0.78-0.21
0.57-0.04-0.72-0.620.610.170.5-0.170.75-0.310.530.010.21-0.1-0.07-0.07-0.83-0.670.49-0.04-0.30.25-0.71-0.090.18
-0.050.14-0.09-0.170.00.170.07-0.99-0.19-0.080.00.10.93-0.160.34-0.52-0.33-0.1-0.010.140.060.13-0.520.120.88
0.98-0.810.14-0.070.980.50.07-0.190.0-0.870.980.450.01-0.740.310.19-0.44-0.520.99-0.81-0.92-0.45-0.28-0.84-0.16
-0.060.00.00.12-0.11-0.17-0.99-0.190.250.21-0.12-0.19-0.910.28-0.40.480.330.13-0.12-0.010.07-0.040.510.02-0.83
0.120.46-0.89-0.70.150.75-0.190.00.250.260.08-0.380.020.47-0.410.04-0.62-0.390.010.460.230.47-0.510.420.1
-0.830.9-0.34-0.16-0.83-0.31-0.08-0.870.210.26-0.81-0.590.080.86-0.47-0.140.130.41-0.870.90.930.450.090.910.26
0.99-0.760.1-0.080.980.530.00.98-0.120.08-0.810.34-0.05-0.670.180.18-0.46-0.50.99-0.76-0.88-0.41-0.27-0.79-0.2
0.41-0.60.470.430.360.010.10.45-0.19-0.38-0.590.340.02-0.50.310.11-0.060.140.45-0.6-0.55-0.1-0.13-0.59-0.1
-0.120.32-0.23-0.31-0.060.210.930.01-0.910.020.08-0.050.020.060.22-0.5-0.42-0.04-0.080.330.220.23-0.580.30.98
-0.680.89-0.49-0.34-0.68-0.1-0.16-0.740.280.470.86-0.67-0.50.06-0.63-0.2-0.090.34-0.730.890.890.41-0.120.90.23
0.21-0.420.360.290.22-0.070.340.31-0.4-0.41-0.470.180.310.22-0.630.090.22-0.090.26-0.42-0.37-0.080.16-0.410.11
0.23-0.280.10.190.2-0.07-0.520.190.480.04-0.140.180.11-0.5-0.20.090.16-0.020.21-0.28-0.240.040.33-0.27-0.52
-0.46-0.050.640.7-0.51-0.83-0.33-0.440.33-0.620.13-0.46-0.06-0.42-0.090.220.160.55-0.41-0.060.16-0.060.85-0.01-0.39
-0.520.290.540.72-0.6-0.67-0.1-0.520.13-0.390.41-0.50.14-0.040.34-0.09-0.020.55-0.470.290.470.340.450.330.02
0.99-0.830.170.00.980.49-0.010.99-0.120.01-0.870.990.45-0.08-0.730.260.21-0.41-0.47-0.82-0.92-0.42-0.24-0.85-0.24
-0.781.0-0.57-0.36-0.75-0.040.14-0.81-0.010.460.9-0.76-0.60.330.89-0.42-0.28-0.060.29-0.820.960.62-0.161.00.5
-0.90.96-0.35-0.16-0.89-0.30.06-0.920.070.230.93-0.88-0.550.220.89-0.37-0.240.160.47-0.920.960.530.050.970.4
-0.370.62-0.420.04-0.380.250.13-0.45-0.040.470.45-0.41-0.10.230.41-0.080.04-0.060.34-0.420.620.53-0.210.610.34
-0.27-0.160.620.65-0.33-0.71-0.52-0.280.51-0.510.09-0.27-0.13-0.58-0.120.160.330.850.45-0.24-0.160.05-0.21-0.12-0.56
-0.811.0-0.53-0.32-0.78-0.090.12-0.840.020.420.91-0.79-0.590.30.9-0.41-0.27-0.010.33-0.851.00.970.61-0.120.48
-0.270.5-0.32-0.35-0.210.180.88-0.16-0.830.10.26-0.2-0.10.980.230.11-0.52-0.390.02-0.240.50.40.34-0.560.48
Click cells to compare fundamentals

United Guardian Account Relationship Matchups

United Guardian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M11.9M12.2M10.6M13.4M12.2M
Other Current Liab1.3M1.4M1.7M1.3M1.4M989.0K
Total Current Liabilities1.3M1.4M2.3M1.4M1.5M1.5M
Total Stockholder Equity10.6M10.4M9.8M9.3M11.4M10.2M
Property Plant And Equipment Net780.7K673.7K658.9K559.2K619.2K895.3K
Net Debt(1.0M)(591.4K)(531.2K)(830.5K)(8.2M)(7.8M)
Retained Earnings10.2M9.9M9.4M8.8M10.9M7.5M
Cash1.0M591.4K531.2K830.5K8.2M8.7M
Non Current Assets Total795.5K673.7K658.9K669.7K1.1M1.1M
Non Currrent Assets Other14.8K(151.7K)(83.2K)(1.0)(0.9)(0.85)
Cash And Short Term Investments7.9M8.2M8.2M6.5M9.1M7.2M
Net Receivables2.1M1.4M1.8M1.4M1.6M1.3M
Liabilities And Stockholders Equity12.4M11.9M12.2M10.6M13.4M12.2M
Non Current Liabilities Total386.9K151.7K83.2K30.4K435.7K306.6K
Inventory1.2M1.4M1.4M1.7M1.2M1.2M
Other Current Assets170.5K161.2K192.6K201.8K367.9K285.7K
Other Stockholder Equity6.7M6.4M0.09.8M8.8M9.3M
Total Liab1.7M1.6M2.4M1.4M2.0M1.4M
Total Current Assets11.6M11.2M11.6M10.0M12.3M10.6M
Accounts Payable71.4K31.8K410.9K30.4K134.4K204.9K
Property Plant And Equipment Gross780.7K7.4M7.5M7.5M7.7M8.1M
Short Term Investments6.9M7.6M7.6M5.7M851.3K808.8K
Other Assets59.5K29.6K14.8K110.5K1.00.95
Property Plant Equipment780.7K673.7K658.9K559.2K503.2K803.6K
Other Liab253.6K386.9K151.7K83.2K74.9K71.2K
Net Tangible Assets10.6M10.4M9.8M9.3M8.3M9.8M
Retained Earnings Total Equity10.5M10.5M10.2M9.9M8.9M9.7M
Deferred Long Term Liab33.9K253.6K386.9K151.7K174.4K203.6K
Net Invested Capital10.6M10.4M9.8M9.3M11.4M8.4M
Net Working Capital10.2M9.8M9.2M8.6M10.7M7.9M

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Personal Care Products 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 United Guardian. If investors know United 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 United Guardian 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
1.074
Dividend Share
0.6
Earnings Share
0.71
Revenue Per Share
2.679
Quarterly Revenue Growth
0.279
The market value of United Guardian is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian'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 United Guardian's market value can be influenced by many factors that don't directly affect United Guardian'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 United Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian'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.