Applied Inventory vs Cash Analysis
AUVI Stock | USD 0.61 0.02 3.24% |
Applied UV financial indicator trend analysis is way more than just evaluating Applied UV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Applied UV is a good investment. Please check the relationship between Applied UV Inventory and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied UV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Applied Stock please use our How to Invest in Applied UV guide.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Applied UV Inventory account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Applied UV's Inventory and Cash is -0.02. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Applied UV, assuming nothing else is changed. The correlation between historical values of Applied UV's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Applied UV are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Applied UV's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Cash
Cash refers to the most liquid asset of Applied UV, which is listed under current asset account on Applied UV balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Applied UV customers. The amounts must be unrestricted with restricted cash listed in a different Applied UV account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Applied UV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Applied UV 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied UV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Applied Stock please use our How to Invest in Applied UV guide.As of now, Applied UV's Tax Provision is increasing as compared to previous years. The Applied UV's current Selling General Administrative is estimated to increase to about 20.7 M, while Issuance Of Capital Stock is projected to decrease to under 8.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 395.8K | 290.3K | 1.7M | 1.8M | Depreciation And Amortization | 1.8M | 3.5M | 4.0M | 4.2M |
Applied UV fundamental ratios Correlations
Click cells to compare fundamentals
Applied UV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Applied UV fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8M | 13.1M | 38.5M | 32.7M | 58.4M | 61.3M | |
Short Long Term Debt Total | 793.6K | 950.6K | 1.9M | 7.8M | 8.2M | 8.6M | |
Other Current Liab | 106.9K | 173.7K | 1.5M | 10.0K | 9.8M | 10.3M | |
Total Current Liabilities | 2.8M | 2.7M | 4.5M | 11.5M | 27.9M | 29.3M | |
Total Stockholder Equity | 1.4M | 9.8M | 32.7M | 17.2M | 24.9M | 15.5M | |
Property Plant And Equipment Net | 648.9K | 594.2K | 1.9M | 5.2M | 4.4M | 2.3M | |
Current Deferred Revenue | 1.2M | 841.6K | 788.8K | 4.7M | 6.4M | 6.7M | |
Net Debt | (236.3K) | (10.8M) | (6.0M) | 5.0M | 7.1M | 7.4M | |
Retained Earnings | 1.4M | 12.0M | (10.2M) | (28.2M) | (43.1M) | (40.9M) | |
Accounts Payable | 1.2M | 1.4M | 1.6M | 3.0M | 9.2M | 9.6M | |
Cash | 1.0M | 11.8M | 7.9M | 2.7M | 1.1M | 1.1M | |
Non Current Assets Total | 1.3M | 772.3K | 25.7M | 20.4M | 41.4M | 43.4M | |
Cash And Short Term Investments | 1.0M | 11.8M | 7.9M | 2.7M | 1.1M | 1.1M | |
Net Receivables | 2.2M | 233.0K | 986.3K | 2.8M | 7.2M | 7.5M | |
Common Stock Shares Outstanding | 40.3K | 45.9K | 74.2K | 102.0K | 370.6K | 389.1K | |
Liabilities And Stockholders Equity | 4.8M | 13.1M | 38.5M | 32.7M | 58.4M | 61.3M | |
Non Current Liabilities Total | 616.6K | 666.7K | 1.4M | 4.0M | 5.6M | 5.9M | |
Capital Lease Obligations | 636.1K | 496.3K | 1.7M | 4.9M | 3.6M | 2.1M | |
Inventory | 99.5K | 156.3K | 1.8M | 5.5M | 7.2M | 7.5M | |
Other Current Assets | 30.6K | 158.5K | 279.7K | 1.2M | 1.1M | 1.1M | |
Other Stockholder Equity | 500.0 | (2.2M) | 42.9M | 45.5M | 63.2M | 66.3M | |
Total Liab | 3.4M | 3.4M | 5.9M | 15.5M | 33.5M | 35.2M | |
Net Invested Capital | 1.5M | 10.2M | 32.8M | 20.1M | 24.7M | 16.1M | |
Property Plant And Equipment Gross | 648.9K | 594.2K | 2.1M | 5.6M | 5.1M | 2.6M | |
Total Current Assets | 3.5M | 12.3M | 12.8M | 12.3M | 17.0M | 11.2M | |
Net Working Capital | 728.7K | 9.6M | 8.4M | 798.4K | (10.8M) | (10.3M) | |
Short Term Debt | 177.0K | 284.0K | 494.7K | 3.8M | 2.6M | 1.3M |
Pair Trading with Applied UV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied UV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied UV will appreciate offsetting losses from the drop in the long position's value.Moving against Applied Stock
0.9 | KEQU | Kewaunee Scientific | PairCorr |
0.87 | SN | SharkNinja | PairCorr |
0.62 | FLXS | Flexsteel Industries Fiscal Year End 19th of August 2024 | PairCorr |
0.51 | HBB | Hamilton Beach Brands | PairCorr |
The ability to find closely correlated positions to Applied UV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied UV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied UV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied UV to buy it.
The correlation of Applied UV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied UV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied UV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied UV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied UV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Applied Stock please use our How to Invest in Applied UV guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Applied Stock analysis
When running Applied UV's price analysis, check to measure Applied UV'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 Applied UV is operating at the current time. Most of Applied UV's value examination focuses on studying past and present price action to predict the probability of Applied UV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied UV's price. Additionally, you may evaluate how the addition of Applied UV to your portfolios can decrease your overall portfolio volatility.
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Is Applied UV'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 Applied UV. If investors know Applied 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 Applied UV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (40.00) | Revenue Per Share 109.88 | Quarterly Revenue Growth 0.555 | Return On Assets (0.18) | Return On Equity (0.63) |
The market value of Applied UV is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied UV's value that differs from its market value or its book value, called intrinsic value, which is Applied UV'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 Applied UV's market value can be influenced by many factors that don't directly affect Applied UV'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 Applied UV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied UV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied UV'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.