Universal Inventory vs Net Receivables Analysis

UHS Stock  USD 177.05  7.58  4.47%   
Universal Health financial indicator trend analysis is much more than just breaking down Universal Health Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Health Services is a good investment. Please check the relationship between Universal Health Inventory and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Services Inventory account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Universal Health's Inventory and Net Receivables is 0.97. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Universal Health Services, assuming nothing else is changed. The correlation between historical values of Universal Health's Inventory and Net Receivables 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 Universal Health Services are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Universal Health's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Net Receivables

Most indicators from Universal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Health Services 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 Health Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At this time, Universal Health's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 237.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.34 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense83.7M126.9M231.7M243.3M
Depreciation And Amortization547.1M571.5M568.0M596.4M

Universal Health fundamental ratios Correlations

0.960.340.940.970.990.880.980.311.00.40.310.98-0.930.930.970.88-0.550.980.950.47-0.350.60.840.440.3
0.960.340.830.880.950.970.890.120.970.260.120.96-0.940.990.930.87-0.570.990.870.36-0.170.460.840.520.37
0.340.340.230.320.290.40.33-0.240.35-0.01-0.240.43-0.180.370.250.36-0.650.340.260.23-0.32-0.10.280.320.2
0.940.830.230.950.930.70.950.530.920.470.530.9-0.830.780.930.77-0.470.890.960.69-0.440.670.770.280.17
0.970.880.320.950.970.791.00.360.970.530.360.95-0.860.830.950.84-0.480.910.930.54-0.510.720.790.340.22
0.990.950.290.930.970.890.970.260.990.350.260.98-0.930.930.990.92-0.570.970.930.44-0.380.60.890.330.19
0.880.970.40.70.790.890.81-0.120.910.18-0.120.91-0.890.960.860.84-0.570.920.730.24-0.120.370.820.530.37
0.980.890.330.951.00.970.810.340.970.50.340.95-0.870.840.960.85-0.490.920.930.52-0.50.70.810.340.22
0.310.12-0.240.530.360.26-0.120.340.230.361.00.21-0.230.110.30.120.040.250.550.49-0.20.380.06-0.03-0.02
1.00.970.350.920.970.990.910.970.230.420.230.98-0.930.940.970.88-0.540.980.920.45-0.340.610.830.460.33
0.40.26-0.010.470.530.350.180.50.360.420.360.26-0.310.160.290.110.350.270.330.41-0.330.77-0.020.390.45
0.310.12-0.240.530.360.26-0.120.341.00.230.360.21-0.230.110.30.120.040.250.550.49-0.20.380.06-0.03-0.02
0.980.960.430.90.950.980.910.950.210.980.260.21-0.910.940.970.91-0.670.980.930.45-0.380.520.890.380.22
-0.93-0.94-0.18-0.83-0.86-0.93-0.89-0.87-0.23-0.93-0.31-0.23-0.91-0.93-0.91-0.830.46-0.94-0.87-0.340.14-0.54-0.79-0.51-0.32
0.930.990.370.780.830.930.960.840.110.940.160.110.94-0.930.910.88-0.630.980.860.25-0.10.360.840.530.37
0.970.930.250.930.950.990.860.960.30.970.290.30.97-0.910.910.93-0.590.960.940.43-0.390.590.920.250.1
0.880.870.360.770.840.920.840.850.120.880.110.120.91-0.830.880.93-0.720.890.840.21-0.340.380.940.15-0.01
-0.55-0.57-0.65-0.47-0.48-0.57-0.57-0.490.04-0.540.350.04-0.670.46-0.63-0.59-0.72-0.61-0.56-0.20.240.19-0.730.00.21
0.980.990.340.890.910.970.920.920.250.980.270.250.98-0.940.980.960.89-0.610.940.41-0.220.480.860.470.32
0.950.870.260.960.930.930.730.930.550.920.330.550.93-0.870.860.940.84-0.560.940.52-0.350.550.790.330.2
0.470.360.230.690.540.440.240.520.490.450.410.490.45-0.340.250.430.21-0.20.410.52-0.360.420.260.110.07
-0.35-0.17-0.32-0.44-0.51-0.38-0.12-0.5-0.2-0.34-0.33-0.2-0.380.14-0.1-0.39-0.340.24-0.22-0.35-0.36-0.61-0.370.340.38
0.60.46-0.10.670.720.60.370.70.380.610.770.380.52-0.540.360.590.380.190.480.550.42-0.610.380.160.17
0.840.840.280.770.790.890.820.810.060.83-0.020.060.89-0.790.840.920.94-0.730.860.790.26-0.370.380.04-0.14
0.440.520.320.280.340.330.530.34-0.030.460.39-0.030.38-0.510.530.250.150.00.470.330.110.340.160.040.95
0.30.370.20.170.220.190.370.22-0.020.330.45-0.020.22-0.320.370.1-0.010.210.320.20.070.380.17-0.140.95
Click cells to compare fundamentals

Universal Health Account Relationship Matchups

Universal Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7B13.5B13.1B13.5B14.4B15.1B
Short Long Term Debt Total4.3B4.2B4.6B5.3B5.4B5.6B
Other Current Liab147.0M57.0M10.7M2.2M1.2B1.3B
Total Current Liabilities1.6B2.5B2.0B1.9B2.0B2.1B
Total Stockholder Equity5.5B6.3B6.1B5.9B6.1B6.5B
Property Plant And Equipment Net5.3B5.7B6.2B6.4B6.6B6.9B
Net Debt4.2B3.0B4.4B5.2B5.2B5.5B
Retained Earnings5.9B6.7B6.6B6.5B6.8B7.1B
Cash61.3M1.2B115.3M102.8M119.4M68.3M
Non Current Assets Total9.8B10.2B10.8B11.0B11.5B12.1B
Non Currrent Assets Other516.8M575.0M573.4M305.5M271.3M228.7M
Cash And Short Term Investments61.3M1.2B115.3M102.8M119.4M68.3M
Net Receivables1.6B1.7B1.7B2.0B2.2B2.4B
Common Stock Shares Outstanding89.0M85.6M83.7M73.8M70.1M88.5M
Liabilities And Stockholders Equity11.7B13.5B13.1B13.5B14.4B15.1B
Non Current Liabilities Total4.5B4.6B4.9B5.6B6.1B6.4B
Inventory159.9M190.4M206.8M218.5M217.0M227.8M
Other Current Assets133.9M138.0M194.8M198.3M236.7M248.5M
Other Stockholder Equity(462.2M)(479.5M)(545.5M)(604.1M)(6.8B)(6.4B)
Total Liab6.1B7.1B6.9B7.5B8.2B8.6B
Total Current Assets1.9B3.3B2.3B2.5B2.8B3.0B
Short Term Debt144.0M391.8M112.9M149.2M198.3M208.2M
Intangible Assets83.7M82.6M81.0M78.1M77.0M73.2M
Accounts Payable1.3B1.7B1.9B1.8B614.0M533.5M
Property Plant And Equipment Gross5.3B5.7B10.8B11.5B12.2B12.8B
Accumulated Other Comprehensive Income31.9M48.1M30.3M(9.7M)(650.6M)(618.1M)
Common Stock Total Equity914K867K851K771K886.7K821.9K
Common Stock867K851K771K710K672K817.0K
Other Liab355.0M786.7M464.8M487.7M560.8M390.4M
Other Assets316.4M602.7M625.6M674.3M775.4M814.2M
Long Term Debt3.9B3.5B4.1B4.7B4.8B2.8B
Good Will3.9B3.9B4.0B3.9B3.9B2.5B
Property Plant Equipment5.0B5.4B6.2B6.4B7.3B7.7B
Net Tangible Assets5.8B6.9B2.1B1.9B2.2B3.9B
Warrants4.3M4.3M4.6M5.1M4.6M4.4M
Noncontrolling Interest In Consolidated Entity76.5M74.8M84.8M103.4M118.9M71.4M
Retained Earnings Total Equity5.4B5.5B6.3B6.1B7.0B4.0B
Long Term Debt Total3.9B3.5B4.1B4.7B5.4B4.1B

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 Universal Health Services is a strong investment it is important to analyze Universal Health'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 Health's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Universal Health Services information on this page should be used as a complementary analysis to other Universal Health'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Universal Stock analysis

When running Universal Health's price analysis, check to measure Universal Health'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 Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health'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 Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Global Correlations
Find global opportunities by holding instruments from different markets
Bonds Directory
Find actively traded corporate debentures issued by US companies
Is Universal Health'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 Health. 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 Health 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
0.675
Dividend Share
0.8
Earnings Share
11.77
Revenue Per Share
214.023
Quarterly Revenue Growth
0.108
The market value of Universal Health Services 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 Health's value that differs from its market value or its book value, called intrinsic value, which is Universal Health'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 Health's market value can be influenced by many factors that don't directly affect Universal Health'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 Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Health'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.