Under Capital Surpluse vs Net Tangible Assets Analysis

UA Stock  USD 6.59  0.04  0.61%   
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 Capital Surpluse and its Net Tangible 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Capital Surpluse vs Net Tangible Assets

Capital Surpluse vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour C Capital Surpluse account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Under Armour's Capital Surpluse and Net Tangible Assets is 0.83. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Tangible 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 Capital Surpluse and Net Tangible 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 Capital Surpluse of Under Armour C are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Surpluse i.e., Under Armour's Capital Surpluse and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Surpluse

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 2.9 B, whereas Tax Provision is projected to grow to (86.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.6B3.0B3.2B
Total Revenue5.7B5.9B6.8B7.1B

Under Armour fundamental ratios Correlations

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0.730.690.140.820.290.80.140.160.750.830.740.720.640.740.380.660.770.430.730.830.640.70.780.620.71
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0.530.680.290.170.590.410.170.410.370.540.480.420.470.30.690.460.460.870.480.540.110.590.430.080.62
0.720.750.80.180.740.410.180.290.670.870.760.660.680.630.320.620.640.510.710.820.70.690.790.440.74
0.70.530.141.00.550.170.180.360.750.430.680.760.780.770.710.740.670.250.660.480.750.620.680.660.64
0.460.550.160.360.40.410.290.360.360.480.50.390.490.340.340.40.40.530.430.440.380.390.410.260.4
0.960.830.750.750.930.370.670.750.360.850.950.990.961.00.750.940.960.480.930.890.920.90.980.810.92
0.930.940.830.430.940.540.870.430.480.850.950.880.90.830.610.880.890.680.930.970.790.910.930.720.92
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0.980.870.720.760.940.420.660.760.390.990.880.970.980.980.790.980.980.530.970.910.90.950.980.820.95
0.990.910.640.780.930.470.680.780.490.960.90.990.980.940.790.980.950.60.970.920.90.940.970.80.95
0.940.80.740.770.90.30.630.770.341.00.830.940.980.940.720.930.950.440.920.860.920.870.960.850.89
0.790.730.380.710.760.690.320.710.340.750.610.730.790.790.720.810.770.670.740.660.530.820.70.520.79
0.970.880.660.740.930.460.620.740.40.940.880.960.980.980.930.810.970.560.980.920.850.970.950.810.95
0.980.90.770.670.970.460.640.670.40.960.890.960.980.950.950.770.970.60.970.950.830.940.950.80.95
0.660.840.430.250.720.870.510.250.530.480.680.630.530.60.440.670.560.60.60.690.30.650.550.310.71
0.980.910.730.660.950.480.710.660.430.930.930.980.970.970.920.740.980.970.60.960.850.970.970.80.97
0.960.950.830.480.970.540.820.480.440.890.970.960.910.920.860.660.920.950.690.960.80.940.940.70.95
0.860.720.640.750.780.110.70.750.380.920.790.90.90.90.920.530.850.830.30.850.80.770.920.790.8
0.960.910.70.620.950.590.690.620.390.90.910.950.950.940.870.820.970.940.650.970.940.770.930.70.95
0.980.890.780.680.940.430.790.680.410.980.930.980.980.970.960.70.950.950.550.970.940.920.930.80.95
0.780.650.620.660.730.080.440.660.260.810.720.790.820.80.850.520.810.80.310.80.70.790.70.80.71
0.970.940.710.640.960.620.740.640.40.920.920.960.950.950.890.790.950.950.710.970.950.80.950.950.71
Click cells to compare fundamentals

Under Armour Account Relationship Matchups

Under Armour fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.0B5.0B4.9B5.6B5.9B
Total Stockholder Equity2.2B1.7B2.1B2.0B2.3B2.4B
Net Debt511.2M488.2M(165.1M)809.3M930.7M977.2M
Cash788.1M1.5B1.7B711.9M818.7M859.6M
Non Current Assets Total2.1B1.8B1.7B1.9B2.2B2.3B
Non Currrent Assets Other88.3M72.9M75.5M58.4M67.1M48.4M
Other Assets(1K)96.8M93.3M244.5M281.2M295.3M
Cash And Short Term Investments788.1M1.5B1.7B711.9M818.7M859.6M
Common Stock Shares Outstanding454.3M454.1M468.6M461.5M530.7M441.0M
Liabilities And Stockholders Equity4.8B5.0B5.0B4.9B5.6B5.9B
Non Current Liabilities Total1.3B1.9B1.5B1.5B1.7B1.8B
Inventory892.3M896.0M811.4M1.2B1.4B1.4B
Other Stockholder Equity973.7M1.1B1.1B1.1B1.3B1.4B
Total Liab2.7B3.4B2.9B2.9B3.3B3.5B
Total Current Assets2.7B3.2B3.3B3.0B3.4B3.6B
Short Long Term Debt Total1.3B2.0B1.5B1.5B1.7B1.8B
Other Current Liab83.8M92.5M73.7M51.6M59.4M37.3M
Total Current Liabilities1.4B1.4B1.5B1.4B1.6B1.6B
Property Plant And Equipment Net1.4B1.2B1.1B1.2B1.3B1.4B
Retained Earnings1.2B673.9M1.0B929.6M1.1B646.0M
Accounts Payable618.2M576.0M613.3M649.1M746.5M783.8M
Net Receivables708.7M527.3M569.0M759.9M873.8M917.5M
Other Current Assets313.2M282.3M286.4M297.6M342.2M359.3M
Property Plant And Equipment Gross792.1M1.2B1.1B1.2B1.3B1.4B
Short Term Debt125.9M162.6M138.7M141.0M162.1M170.2M
Common Stock149K150K158K147K169.1K177.5K
Current Deferred Revenue594.1M582.3M624.5M515.2M592.5M622.1M
Accumulated Other Comprehensive Income(50.8M)(59.2M)(47.6M)(67.8M)(61.1M)(58.0M)
Intangible Assets36.3M13.3M11.0M8.9M10.3M9.8M
Other Liab208.3M98.1M98.4M86.6M99.6M104.6M
Net Tangible Assets1.4B1.6B1.2B1.6B1.8B1.2B
Long Term Debt592.7M1.0B662.5M674.5M775.6M518.5M
Good Will550.2M502.2M495.2M482.0M554.3M383.0M
Retained Earnings Total Equity1.1B1.2B673.9M1.0B1.2B819.3M
Property Plant Equipment792.1M658.7M1.1B1.2B1.3B1.4B
Long Term Debt Total592.7M1.0B662.5M674.5M775.6M674.0M
Capital Surpluse973.7M1.1B1.1B1.1B1.3B919.5M

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When determining whether Under Armour C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour'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 Under Armour C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour C Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Under Armour C information on this page should be used as a complementary analysis to other Under Armour's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Under Armour'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 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
(0.04)
Earnings Share
0.89
Revenue Per Share
13.038
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0346
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.