Universal Tax Provision from 2010 to 2024
| UTI Stock | USD 15.20 0.31 2.08% |
Tax Provision | First Reported 2019-03-31 | Previous Quarter 2.5 M | Current Value 3.2 M | Quarterly Volatility 2.9 M |
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.
Universal | Tax Provision |
Latest Universal Technical's Tax Provision Growth Pattern
Below is the plot of the Tax Provision of Universal Technical Institute over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Universal Technical's Tax Provision 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.
| Tax Provision | 10 Years Trend |
|
Tax Provision |
| Timeline |
Universal Tax Provision Regression Statistics
| Arithmetic Mean | 1,472,628 | |
| Geometric Mean | 2,759,750 | |
| Coefficient Of Variation | 554.70 | |
| Mean Deviation | 5,414,038 | |
| Median | (1,532,000) | |
| Standard Deviation | 8,168,623 | |
| Sample Variance | 66.7T | |
| Range | 36.8M | |
| R-Value | 0.07 | |
| Mean Square Error | 71.5T | |
| R-Squared | 0.01 | |
| Significance | 0.79 | |
| Slope | 135,112 | |
| Total Sum of Squares | 934.2T |
Universal Tax Provision History
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 Tax Provision, 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 Reported | Projected for Next Year | ||
| Tax Provision | 5.2 M | 5.4 M |
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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.
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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.