Under Accounts Payable vs Capital Surpluse Analysis

UA Stock  USD 6.55  0.07  1.08%   
Under Armour financial indicator trend analysis is much more than just breaking down Under Armour C prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Under Armour C is a good investment. Please check the relationship between Under Armour Accounts Payable and its Capital Surpluse accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Capital Surpluse

Accounts Payable vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour C Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Under Armour's Accounts Payable and Capital Surpluse is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Under Armour C, assuming nothing else is changed. The correlation between historical values of Under Armour's Accounts Payable and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Under Armour C are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Under Armour's Accounts Payable and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Under Armour obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Under Armour C are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Surpluse

Most indicators from Under Armour's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Under Armour C 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 Under Armour C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 2.9 B, whereas Tax Provision is projected to grow to (86.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.6B3.0B3.2B
Total Revenue5.7B5.9B6.8B7.1B

Under Armour fundamental ratios Correlations

0.940.730.70.970.530.720.70.460.960.930.990.980.990.940.790.970.980.660.980.960.860.960.980.780.97
0.940.690.530.950.680.750.530.550.830.940.940.870.910.80.730.880.90.840.910.950.720.910.890.650.94
0.730.690.140.820.290.80.140.160.750.830.740.720.640.740.380.660.770.430.730.830.640.70.780.620.71
0.70.530.140.550.170.181.00.360.750.430.680.760.780.770.710.740.670.250.660.480.750.620.680.660.64
0.970.950.820.550.590.740.550.40.930.940.960.940.930.90.760.930.970.720.950.970.780.950.940.730.96
0.530.680.290.170.590.410.170.410.370.540.480.420.470.30.690.460.460.870.480.540.110.590.430.080.62
0.720.750.80.180.740.410.180.290.670.870.760.660.680.630.320.620.640.510.710.820.70.690.790.440.74
0.70.530.141.00.550.170.180.360.750.430.680.760.780.770.710.740.670.250.660.480.750.620.680.660.64
0.460.550.160.360.40.410.290.360.360.480.50.390.490.340.340.40.40.530.430.440.380.390.410.260.4
0.960.830.750.750.930.370.670.750.360.850.950.990.961.00.750.940.960.480.930.890.920.90.980.810.92
0.930.940.830.430.940.540.870.430.480.850.950.880.90.830.610.880.890.680.930.970.790.910.930.720.92
0.990.940.740.680.960.480.760.680.50.950.950.970.990.940.730.960.960.630.980.960.90.950.980.790.96
0.980.870.720.760.940.420.660.760.390.990.880.970.980.980.790.980.980.530.970.910.90.950.980.820.95
0.990.910.640.780.930.470.680.780.490.960.90.990.980.940.790.980.950.60.970.920.90.940.970.80.95
0.940.80.740.770.90.30.630.770.341.00.830.940.980.940.720.930.950.440.920.860.920.870.960.850.89
0.790.730.380.710.760.690.320.710.340.750.610.730.790.790.720.810.770.670.740.660.530.820.70.520.79
0.970.880.660.740.930.460.620.740.40.940.880.960.980.980.930.810.970.560.980.920.850.970.950.810.95
0.980.90.770.670.970.460.640.670.40.960.890.960.980.950.950.770.970.60.970.950.830.940.950.80.95
0.660.840.430.250.720.870.510.250.530.480.680.630.530.60.440.670.560.60.60.690.30.650.550.310.71
0.980.910.730.660.950.480.710.660.430.930.930.980.970.970.920.740.980.970.60.960.850.970.970.80.97
0.960.950.830.480.970.540.820.480.440.890.970.960.910.920.860.660.920.950.690.960.80.940.940.70.95
0.860.720.640.750.780.110.70.750.380.920.790.90.90.90.920.530.850.830.30.850.80.770.920.790.8
0.960.910.70.620.950.590.690.620.390.90.910.950.950.940.870.820.970.940.650.970.940.770.930.70.95
0.980.890.780.680.940.430.790.680.410.980.930.980.980.970.960.70.950.950.550.970.940.920.930.80.95
0.780.650.620.660.730.080.440.660.260.810.720.790.820.80.850.520.810.80.310.80.70.790.70.80.71
0.970.940.710.640.960.620.740.640.40.920.920.960.950.950.890.790.950.950.710.970.950.80.950.950.71
Click cells to compare fundamentals

Under Armour Account Relationship Matchups

Under Armour fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.0B5.0B4.9B5.6B5.9B
Total Stockholder Equity2.2B1.7B2.1B2.0B2.3B2.4B
Net Debt511.2M488.2M(165.1M)809.3M930.7M977.2M
Cash788.1M1.5B1.7B711.9M818.7M859.6M
Non Current Assets Total2.1B1.8B1.7B1.9B2.2B2.3B
Non Currrent Assets Other88.3M72.9M75.5M58.4M67.1M48.4M
Other Assets(1K)96.8M93.3M244.5M281.2M295.3M
Cash And Short Term Investments788.1M1.5B1.7B711.9M818.7M859.6M
Common Stock Shares Outstanding454.3M454.1M468.6M461.5M530.7M441.0M
Liabilities And Stockholders Equity4.8B5.0B5.0B4.9B5.6B5.9B
Non Current Liabilities Total1.3B1.9B1.5B1.5B1.7B1.8B
Inventory892.3M896.0M811.4M1.2B1.4B1.4B
Other Stockholder Equity973.7M1.1B1.1B1.1B1.3B1.4B
Total Liab2.7B3.4B2.9B2.9B3.3B3.5B
Total Current Assets2.7B3.2B3.3B3.0B3.4B3.6B
Short Long Term Debt Total1.3B2.0B1.5B1.5B1.7B1.8B
Other Current Liab83.8M92.5M73.7M51.6M59.4M37.3M
Total Current Liabilities1.4B1.4B1.5B1.4B1.6B1.6B
Property Plant And Equipment Net1.4B1.2B1.1B1.2B1.3B1.4B
Retained Earnings1.2B673.9M1.0B929.6M1.1B646.0M
Accounts Payable618.2M576.0M613.3M649.1M746.5M783.8M
Net Receivables708.7M527.3M569.0M759.9M873.8M917.5M
Other Current Assets313.2M282.3M286.4M297.6M342.2M359.3M
Property Plant And Equipment Gross792.1M1.2B1.1B1.2B1.3B1.4B
Short Term Debt125.9M162.6M138.7M141.0M162.1M170.2M
Common Stock149K150K158K147K169.1K177.5K
Current Deferred Revenue594.1M582.3M624.5M515.2M592.5M622.1M
Accumulated Other Comprehensive Income(50.8M)(59.2M)(47.6M)(67.8M)(61.1M)(58.0M)
Intangible Assets36.3M13.3M11.0M8.9M10.3M9.8M
Other Liab208.3M98.1M98.4M86.6M99.6M104.6M
Net Tangible Assets1.4B1.6B1.2B1.6B1.8B1.2B
Long Term Debt592.7M1.0B662.5M674.5M775.6M518.5M
Good Will550.2M502.2M495.2M482.0M554.3M383.0M
Retained Earnings Total Equity1.1B1.2B673.9M1.0B1.2B819.3M
Property Plant Equipment792.1M658.7M1.1B1.2B1.3B1.4B
Long Term Debt Total592.7M1.0B662.5M674.5M775.6M674.0M
Capital Surpluse973.7M1.1B1.1B1.1B1.3B919.5M

Under Armour Investors Sentiment

The influence of Under Armour's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Under. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Under Armour's public news can be used to forecast risks associated with an investment in Under. The trend in average sentiment can be used to explain how an investor holding Under can time the market purely based on public headlines and social activities around Under Armour C. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Under Armour's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Under Armour's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Under Armour's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Under Armour.
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 Under Armour 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, Under Armour's short interest history, or implied volatility extrapolated from Under Armour options trading.

Also Currently Popular

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 Under Armour C offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour'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 Under Armour C Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour C Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Under Armour C information on this page should be used as a complementary analysis to other Under Armour's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Under Stock analysis

When running Under Armour's price analysis, check to measure Under Armour'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 Under Armour is operating at the current time. Most of Under Armour's value examination focuses on studying past and present price action to predict the probability of Under Armour's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Under Armour's price. Additionally, you may evaluate how the addition of Under Armour to your portfolios can decrease your overall portfolio volatility.
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Is Under Armour'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 Under Armour. If investors know Under 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 Under Armour 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
(0.04)
Earnings Share
0.89
Revenue Per Share
13.038
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0346
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour'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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour'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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour'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.