Universal Deferred Long Term Liab vs Good Will Analysis

UTI Stock  USD 14.98  0.28  1.83%   
Universal Technical financial indicator trend analysis is much more than just breaking down Universal Technical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Technical is a good investment. Please check the relationship between Universal Technical Deferred Long Term Liab and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Deferred Long Term Liab vs Good Will

Deferred Long Term Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Technical Deferred Long Term Liab account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Universal Technical's Deferred Long Term Liab and Good Will is -0.16. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of Universal Technical Institute, assuming nothing else is changed. The correlation between historical values of Universal Technical's Deferred Long Term Liab 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 Deferred Long Term Liab of Universal Technical Institute 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 Deferred Long Term Liab i.e., Universal Technical's Deferred Long Term Liab and Good Will go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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 Technical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Technical 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 Technical Institute. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
As of now, Universal Technical's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit211.5M277.5M319.2M174.7M
Total Revenue418.8M607.4M698.5M363.2M

Universal Technical fundamental ratios Correlations

0.870.930.90.99-0.280.890.82-0.570.240.970.660.97-0.460.82-0.540.990.190.750.810.830.580.320.460.930.99
0.870.680.780.82-0.450.90.88-0.390.640.720.790.71-0.820.78-0.240.820.470.850.740.530.510.120.810.620.82
0.930.680.740.96-0.170.70.71-0.61-0.010.970.480.97-0.190.75-0.70.960.030.630.790.850.60.40.210.960.96
0.90.780.740.86-0.310.910.73-0.540.210.870.710.86-0.440.73-0.480.870.040.670.680.750.510.160.440.830.87
0.990.820.960.86-0.210.830.79-0.60.150.980.590.98-0.370.81-0.591.00.150.720.830.860.570.370.380.951.0
-0.28-0.45-0.17-0.31-0.21-0.43-0.510.29-0.45-0.16-0.55-0.190.46-0.340.16-0.24-0.08-0.41-0.30.23-0.420.32-0.45-0.11-0.24
0.890.90.70.910.83-0.430.78-0.330.480.80.810.8-0.640.75-0.30.840.330.710.580.650.440.220.620.730.84
0.820.880.710.730.79-0.510.78-0.520.50.710.890.72-0.660.95-0.390.80.270.970.750.480.680.230.720.640.8
-0.57-0.39-0.61-0.54-0.60.29-0.33-0.520.07-0.6-0.28-0.620.1-0.490.62-0.60.39-0.49-0.76-0.35-0.73-0.01-0.06-0.62-0.6
0.240.64-0.010.210.15-0.450.480.50.070.010.630.01-0.850.380.390.140.650.540.19-0.150.170.010.85-0.110.14
0.970.720.970.870.98-0.160.80.71-0.60.010.531.0-0.230.76-0.640.980.040.630.770.90.560.390.240.990.98
0.660.790.480.710.59-0.550.810.89-0.280.630.530.54-0.720.87-0.180.610.30.880.480.340.620.180.770.460.61
0.970.710.970.860.98-0.190.80.72-0.620.011.00.54-0.230.77-0.660.980.030.630.760.890.570.40.230.990.98
-0.46-0.82-0.19-0.44-0.370.46-0.64-0.660.1-0.85-0.23-0.72-0.23-0.52-0.24-0.37-0.61-0.71-0.44-0.07-0.320.11-0.95-0.11-0.37
0.820.780.750.730.81-0.340.750.95-0.490.380.760.870.77-0.52-0.430.810.260.940.70.610.690.450.60.710.81
-0.54-0.24-0.7-0.48-0.590.16-0.3-0.390.620.39-0.64-0.18-0.66-0.24-0.43-0.60.44-0.3-0.46-0.5-0.51-0.120.18-0.68-0.6
0.990.820.960.871.0-0.240.840.8-0.60.140.980.610.98-0.370.81-0.60.130.730.820.860.570.350.380.951.0
0.190.470.030.040.15-0.080.330.270.390.650.040.30.03-0.610.260.440.130.30.080.05-0.190.350.58-0.070.13
0.750.850.630.670.72-0.410.710.97-0.490.540.630.880.63-0.710.94-0.30.730.30.730.440.70.220.780.550.73
0.810.740.790.680.83-0.30.580.75-0.760.190.770.480.76-0.440.7-0.460.820.080.730.590.70.040.470.730.82
0.830.530.850.750.860.230.650.48-0.35-0.150.90.340.89-0.070.61-0.50.860.050.440.590.320.50.10.910.86
0.580.510.60.510.57-0.420.440.68-0.730.170.560.620.57-0.320.69-0.510.57-0.190.70.70.32-0.030.380.540.57
0.320.120.40.160.370.320.220.23-0.010.010.390.180.40.110.45-0.120.350.350.220.040.5-0.03-0.110.410.35
0.460.810.210.440.38-0.450.620.72-0.060.850.240.770.23-0.950.60.180.380.580.780.470.10.38-0.110.120.38
0.930.620.960.830.95-0.110.730.64-0.62-0.110.990.460.99-0.110.71-0.680.95-0.070.550.730.910.540.410.120.95
0.990.820.960.871.0-0.240.840.8-0.60.140.980.610.98-0.370.81-0.61.00.130.730.820.860.570.350.380.95
Click cells to compare fundamentals

Universal Technical Account Relationship Matchups

Universal Technical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets442.0M512.6M552.9M740.7M851.8M894.4M
Total Stockholder Equity176.5M188.5M215.4M226.0M259.9M272.9M
Net Debt81.0M64.3M143.3M198.1M227.8M239.2M
Cash76.8M133.7M66.5M151.5M174.3M183.0M
Non Current Assets Total261.8M329.2M417.0M535.7M616.1M646.9M
Non Currrent Assets Other(41.0M)(43.5M)3.9M10.8M9.7M10.2M
Cash And Short Term Investments114.9M133.7M95.4M151.5M174.3M183.0M
Common Stock Shares Outstanding30.1M33.1M33.7M34.5M39.7M28.1M
Liabilities And Stockholders Equity442.0M512.6M552.9M740.7M851.8M894.4M
Other Current Assets6.5M8.1M8.8M7.5M8.6M8.2M
Other Stockholder Equity209.5M141.9M148.0M151.1M173.7M130.7M
Total Liab265.5M324.0M337.5M514.7M591.9M621.5M
Total Current Assets180.2M183.4M136.0M205.0M235.7M123.1M
Short Long Term Debt Total157.8M198.0M209.8M349.6M402.1M422.2M
Other Current Liab5.4M5.7M5.9M4.0M3.6M4.8M
Total Current Liabilities121.6M132.7M137.7M184.7M212.4M110.5M
Other Liab9.6M8.2M4.1M5.4M6.2M5.9M
Property Plant And Equipment Net217.4M281.1M346.3M443.0M509.5M534.9M
Retained Earnings(33.0M)(22.0M)(1.3M)5.9M6.8M7.2M
Accounts Payable51.9M54.4M63.5M69.9M80.4M43.1M
Other Assets31.7M39.8M39.6M43.2M49.7M52.1M
Net Receivables40.6M22.7M22.1M31.2M35.8M21.4M
Non Current Liabilities Total143.8M191.3M199.8M330.0M379.5M398.5M
Property Plant And Equipment Gross217.4M281.1M346.3M443.0M509.5M534.9M
Short Term Debt23.7M15.0M14.1M25.0M28.7M30.2M
Property Plant Equipment217.4M281.1M346.3M443.0M509.5M534.9M
Current Deferred Revenue40.7M57.6M54.2M85.7M98.6M53.2M
Inventory18.2M18.9M9.7M14.8M17.0M9.6M
Net Tangible Assets168.3M111.5M117.8M112.1M128.9M132.2M
Retained Earnings Total Equity(44.7M)(33.0M)(22.0M)(1.3M)(1.2M)(1.1M)
Capital Surpluse256.3M209.9M211.2M214.9M247.1M229.2M
Deferred Long Term Liab12.3M10.7M674K475K427.5K406.1K

Currently Active Assets on Macroaxis

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Universal Stock analysis

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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
CEOs Directory
Screen CEOs from public companies around the world
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
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
2.5
Earnings Share
0.37
Revenue Per Share
17.252
Quarterly Revenue Growth
0.124
Return On Assets
0.0342
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.