Universal Net Invested Capital vs Good Will Analysis

UEIC Stock

USD 10.23 0.52 5.36%

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 Net Invested Capital and its Good Will 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 tightly coupled 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.

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Net Invested Capital account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Universal Electronics' Net Invested Capital and Good Will is 0.46. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Good Will 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' Net Invested Capital and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Universal Electronics are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Invested Capital i.e., Universal Electronics' Net Invested Capital and Good Will go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 tightly coupled 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	100.9M	102.8M
Total Revenue	601.6M	542.8M	420.5M	353.9M

Gross Profit Total Revenue

Universal Electronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Term Debt	Good Will	Common Stock Total Equity
Total Assets		0.72	0.74	0.9	0.88	0.97	0.15	0.9	0.95	0.67	0.96	0.42	0.67	0.94	0.45	0.83	0.98	0.7	-0.01	0.91	0.13	0.99	0.66	0.64	0.85	0.68
Short Long Term Debt Total	0.72		0.49	0.86	0.41	0.59	0.54	0.64	0.73	0.43	0.56	0.0	0.43	0.76	-0.04	0.57	0.79	0.62	-0.35	0.85	0.21	0.78	0.34	0.9	0.52	0.59
Other Current Liab	0.74	0.49		0.75	0.54	0.81	0.4	0.7	0.76	0.14	0.77	0.17	0.14	0.78	0.14	0.78	0.78	0.45	-0.21	0.76	0.12	0.69	0.43	0.31	0.72	0.48
Total Current Liabilities	0.9	0.86	0.75		0.59	0.85	0.52	0.81	0.96	0.42	0.82	0.22	0.42	0.93	0.16	0.81	0.95	0.76	-0.29	1.0	0.17	0.91	0.48	0.84	0.75	0.62
Total Stockholder Equity	0.88	0.41	0.54	0.59		0.87	-0.28	0.8	0.74	0.8	0.89	0.52	0.8	0.74	0.66	0.64	0.78	0.48	0.29	0.6	0.06	0.85	0.69	0.29	0.76	0.59
Property Plant And Equipment Net	0.97	0.59	0.81	0.85	0.87		0.11	0.87	0.93	0.55	0.98	0.46	0.55	0.9	0.49	0.86	0.94	0.64	0.06	0.86	0.07	0.92	0.67	0.49	0.87	0.62
Net Debt	0.15	0.54	0.4	0.52	-0.28	0.11		0.2	0.31	-0.42	0.07	-0.3	-0.42	0.34	-0.65	0.28	0.33	0.47	-0.79	0.51	0.35	0.19	-0.09	0.6	0.07	0.25
Retained Earnings	0.9	0.64	0.7	0.81	0.8	0.87	0.2		0.83	0.59	0.84	0.17	0.59	0.91	0.19	0.8	0.91	0.55	-0.28	0.82	0.18	0.91	0.47	0.56	0.79	0.79
Accounts Payable	0.95	0.73	0.76	0.96	0.74	0.93	0.31	0.83		0.52	0.91	0.41	0.52	0.93	0.37	0.83	0.96	0.72	-0.11	0.96	0.12	0.95	0.56	0.71	0.82	0.6
Cash	0.67	0.43	0.14	0.42	0.8	0.55	-0.42	0.59	0.52		0.55	0.28	1.0	0.52	0.53	0.39	0.56	0.29	0.28	0.42	0.07	0.71	0.39	0.39	0.48	0.48
Non Current Assets Total	0.96	0.56	0.77	0.82	0.89	0.98	0.07	0.84	0.91	0.55		0.55	0.55	0.85	0.56	0.84	0.93	0.63	0.12	0.83	0.01	0.9	0.74	0.47	0.89	0.55
Non Currrent Assets Other	0.42	0.0	0.17	0.22	0.52	0.46	-0.3	0.17	0.41	0.28	0.55		0.28	0.23	0.73	0.37	0.32	0.31	0.58	0.24	-0.07	0.33	0.69	0.02	0.34	0.05
Cash And Short Term Investments	0.67	0.43	0.14	0.42	0.8	0.55	-0.42	0.59	0.52	1.0	0.55	0.28		0.52	0.53	0.39	0.56	0.29	0.28	0.42	0.08	0.71	0.38	0.39	0.47	0.48
Net Receivables	0.94	0.76	0.78	0.93	0.74	0.9	0.34	0.91	0.93	0.52	0.85	0.23	0.52		0.22	0.77	0.94	0.73	-0.23	0.93	0.28	0.95	0.52	0.68	0.74	0.78
Common Stock Shares Outstanding	0.45	-0.04	0.14	0.16	0.66	0.49	-0.65	0.19	0.37	0.53	0.56	0.73	0.53	0.22		0.27	0.29	0.15	0.83	0.17	-0.33	0.37	0.69	-0.1	0.45	0.02
Non Current Liabilities Total	0.83	0.57	0.78	0.81	0.64	0.86	0.28	0.8	0.83	0.39	0.84	0.37	0.39	0.77	0.27		0.85	0.45	-0.18	0.83	0.18	0.79	0.58	0.5	0.7	0.64
Inventory	0.98	0.79	0.78	0.95	0.78	0.94	0.33	0.91	0.96	0.56	0.93	0.32	0.56	0.94	0.29	0.85		0.72	-0.17	0.96	0.13	0.97	0.59	0.72	0.85	0.67
Other Current Assets	0.7	0.62	0.45	0.76	0.48	0.64	0.47	0.55	0.72	0.29	0.63	0.31	0.29	0.73	0.15	0.45	0.72		-0.17	0.75	0.41	0.71	0.53	0.73	0.44	0.56
Other Stockholder Equity	-0.01	-0.35	-0.21	-0.29	0.29	0.06	-0.79	-0.28	-0.11	0.28	0.12	0.58	0.28	-0.23	0.83	-0.18	-0.17	-0.17		-0.29	-0.43	-0.09	0.39	-0.42	0.06	-0.35
Total Liab	0.91	0.85	0.76	1.0	0.6	0.86	0.51	0.82	0.96	0.42	0.83	0.24	0.42	0.93	0.17	0.83	0.96	0.75	-0.29		0.17	0.92	0.49	0.83	0.76	0.63
Property Plant And Equipment Gross	0.13	0.21	0.12	0.17	0.06	0.07	0.35	0.18	0.12	0.07	0.01	-0.07	0.08	0.28	-0.33	0.18	0.13	0.41	-0.43	0.17		0.2	0.15	0.24	-0.35	0.64
Total Current Assets	0.99	0.78	0.69	0.91	0.85	0.92	0.19	0.91	0.95	0.71	0.9	0.33	0.71	0.95	0.37	0.79	0.97	0.71	-0.09	0.92	0.2		0.59	0.71	0.79	0.73
Intangible Assets	0.66	0.34	0.43	0.48	0.69	0.67	-0.09	0.47	0.56	0.39	0.74	0.69	0.38	0.52	0.69	0.58	0.59	0.53	0.39	0.49	0.15	0.59		0.24	0.46	0.51
Short Term Debt	0.64	0.9	0.31	0.84	0.29	0.49	0.6	0.56	0.71	0.39	0.47	0.02	0.39	0.68	-0.1	0.5	0.72	0.73	-0.42	0.83	0.24	0.71	0.24		0.43	0.51
Good Will	0.85	0.52	0.72	0.75	0.76	0.87	0.07	0.79	0.82	0.48	0.89	0.34	0.47	0.74	0.45	0.7	0.85	0.44	0.06	0.76	-0.35	0.79	0.46	0.43		0.3
Common Stock Total Equity	0.68	0.59	0.48	0.62	0.59	0.62	0.25	0.79	0.6	0.48	0.55	0.05	0.48	0.78	0.02	0.64	0.67	0.56	-0.35	0.63	0.64	0.73	0.51	0.51	0.3

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Universal Electronics Account Relationship Matchups

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	74.6M	66.7M	56.0M	40.5M	33.5M
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	3.1M
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	20M	56M	88M	59.8M	42.4M
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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Universal Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Universal Electronics' short interest history, or implied volatility extrapolated from Universal Electronics options trading.

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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:

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Is Universal Stock a good investment?

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What is Universal Electronics' Net Worth?

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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 tightly coupled 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Universal Electronics' price analysis, check to measure Universal Electronics' 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 Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.

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Is Universal Electronics' 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 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

(7.64)

Revenue Per Share

32.708

Quarterly Revenue Growth

(0.20)

Return On Assets

(0.04)

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.

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Universal Net Invested Capital vs Good Will Analysis

Net Invested Capital vs Good Will

Net Invested Capital vs Good Will Correlation Analysis

Correlation Coefficient

Net Invested Capital

Good Will

Universal Electronics fundamental ratios Correlations

Universal Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Electronics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Inventory	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.97	Total Assets

Other Stockholder Equity	- 0.79	Net Debt
Common Stock Shares Outstanding	- 0.65	Net Debt
Property Plant And Equipment Gross	- 0.43	Other Stockholder Equity
Short Term Debt	- 0.42	Other Stockholder Equity
Cash And Short Term Investments	- 0.42	Net Debt
Cash	- 0.42	Net Debt