Universal Inventory from 2010 to 2024

UVE Stock  USD 20.53  0.16  0.79%   
Universal Insurance's Inventory is decreasing over the years with stable fluctuation. Overall, Inventory is projected to go to about -748.3 M this year. During the period from 2010 to 2024 Universal Insurance Inventory annual values regression line had geometric mean of 0.00 and mean square error of 204791.3 T. View All Fundamentals
 
Inventory  
First Reported
2011-06-30
Previous Quarter
-787.7 M
Current Value
-472.9 M
Quarterly Volatility
343.9 M
 
Yuan Drop
 
Covid
Check Universal Insurance 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 7.7 M, Interest Expense of 6.9 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0571 or PTB Ratio of 1.47. Universal financial statements analysis is a perfect complement when working with Universal Insurance Valuation or Volatility modules.
  
This module can also supplement Universal Insurance's financial leverage analysis and stock options assessment as well as various Universal Insurance Technical models . Check out the analysis of Universal Insurance Correlation against competitors.

Latest Universal Insurance's Inventory Growth Pattern

Below is the plot of the Inventory of Universal Insurance Holdings over the last few years. It is Universal Insurance's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Insurance's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Universal Inventory Regression Statistics

Arithmetic Mean(135,170,760)
Geometric Mean0.00
Coefficient Of Variation(332.21)
Mean Deviation324,000,709
Median(225,206,000)
Standard Deviation449,052,137
Sample Variance201647.8T
Range1.8B
R-Value(0.24)
Mean Square Error204791.3T
R-Squared0.06
Significance0.39
Slope(23,962,985)
Total Sum of Squares2823069.5T

Universal Inventory History

2024-748.3 M
2023-787.7 M
2022B
2021-370.1 M
2020-312.5 M
2019-390.2 M
2018469.2 M

Other Fundumenentals of Universal Insurance

About Universal Insurance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Universal Insurance income statement, its balance sheet, and the statement of cash flows. Universal Insurance investors use historical funamental indicators, such as Universal Insurance's Inventory, to determine how well the company is positioned to perform in the future. Although Universal Insurance investors may use each financial statement separately, they are all related. The changes in Universal Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Universal Insurance'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 Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Universal Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory-787.7 M-748.3 M
Change To Inventory 0.00  0.00 
Inventory Turnover(0.27)(0.26)
Days Of Inventory On Hand-1.8 K-1.7 K
Average Inventory 0.00  0.00 
Days Of Inventory Outstanding-1.8 K-1.7 K

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When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out the analysis of Universal Insurance Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Universal Insurance's price analysis, check to measure Universal Insurance'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 Insurance is operating at the current time. Most of Universal Insurance's value examination focuses on studying past and present price action to predict the probability of Universal Insurance'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 Insurance's price. Additionally, you may evaluate how the addition of Universal Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Universal Insurance'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 Insurance. 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 Insurance 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
0.443
Dividend Share
0.64
Earnings Share
2.57
Revenue Per Share
48.998
Quarterly Revenue Growth
0.163
The market value of Universal Insurance 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 Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance'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 Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance'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 Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance'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.