Universal Return On Assets from 2010 to 2024

UTI Stock  USD 15.19  1.50  8.99%   
Universal Technical's Return On Assets are increasing with slightly volatile movements from year to year. Return On Assets are predicted to flatten to 0.02. Return On Assets is a profitability ratio that indicates the percentage of profit Universal Technical Institute earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0191
Current Value
0.0176
Quarterly Volatility
0.14451456
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Technical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.3 M, Interest Expense of 11.7 M or Total Revenue of 363.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0194 or PTB Ratio of 2.12. Universal financial statements analysis is a perfect complement when working with Universal Technical Valuation or Volatility modules.
  
This module can also supplement Universal Technical's financial leverage analysis and stock options assessment as well as various Universal Technical Technical models . Check out the analysis of Universal Technical Correlation against competitors.

Latest Universal Technical's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Universal Technical Institute over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Universal Technical's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Technical's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Universal Return On Assets Regression Statistics

Arithmetic Mean(0.05)
Geometric Mean0.03
Coefficient Of Variation(312.60)
Mean Deviation0.09
Median0.01
Standard Deviation0.14
Sample Variance0.02
Range0.5729
R-Value0.49
Mean Square Error0.02
R-Squared0.24
Significance0.06
Slope0.02
Total Sum of Squares0.29

Universal Return On Assets History

2024 0.0176
2023 0.0191
2022 0.0166
2021 0.0467
2020 0.0284
2019 0.0181
2018 -0.0291

About Universal Technical Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Universal Technical income statement, its balance sheet, and the statement of cash flows. Universal Technical investors use historical funamental indicators, such as Universal Technical's Return On Assets, to determine how well the company is positioned to perform in the future. Although Universal Technical investors may use each financial statement separately, they are all related. The changes in Universal Technical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Universal Technical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Universal Technical Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Universal Technical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.02 

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 Technical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Technical's 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 Technical Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Technical Institute Stock:
Check out the analysis of Universal Technical Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Universal Technical's price analysis, check to measure Universal Technical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Technical is operating at the current time. Most of Universal Technical's value examination focuses on studying past and present price action to predict the probability of Universal Technical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Technical's price. Additionally, you may evaluate how the addition of Universal Technical to your portfolios can decrease your overall portfolio volatility.
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Is Universal Technical's industry 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 Technical. 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 Technical 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
7.5
Earnings Share
0.28
Revenue Per Share
19.112
Quarterly Revenue Growth
0.456
Return On Assets
0.0283
The market value of Universal Technical 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 Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical'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 Universal Technical's market value can be influenced by many factors that don't directly affect Universal Technical'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 Universal Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical'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.