Universal Operating Income vs Total Operating Expenses Analysis

UHS Stock

USD 170.19 0.24 0.14%

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 Operating Income and its Total Operating Expenses 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.

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Services Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Universal Health's Operating Income and Total Operating Expenses is 0.75. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses 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 Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Universal Health Services are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Universal Health's Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Universal Health Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Universal Health Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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 Expense	83.7M	126.9M	231.7M	243.3M
Depreciation And Amortization	547.1M	571.5M	568.0M	596.4M

Interest Expense Depreciation And Amortization

Universal Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.96	0.34	0.94	0.97	0.99	0.88	0.98	0.31	1.0	0.4	0.31	0.98	-0.93	0.93	0.97	0.88	-0.55	0.98	0.95	0.47	-0.35	0.6	0.84	0.44	0.3
Short Long Term Debt Total	0.96		0.34	0.83	0.88	0.95	0.97	0.89	0.12	0.97	0.26	0.12	0.96	-0.94	0.99	0.93	0.87	-0.57	0.99	0.87	0.36	-0.17	0.46	0.84	0.52	0.37
Other Current Liab	0.34	0.34		0.23	0.32	0.29	0.4	0.33	-0.24	0.35	-0.01	-0.24	0.43	-0.18	0.37	0.25	0.36	-0.65	0.34	0.26	0.23	-0.32	-0.1	0.28	0.32	0.2
Total Current Liabilities	0.94	0.83	0.23		0.95	0.93	0.7	0.95	0.53	0.92	0.47	0.53	0.9	-0.83	0.78	0.93	0.77	-0.47	0.89	0.96	0.69	-0.44	0.67	0.77	0.28	0.17
Total Stockholder Equity	0.97	0.88	0.32	0.95		0.97	0.79	1.0	0.36	0.97	0.53	0.36	0.95	-0.86	0.83	0.95	0.84	-0.48	0.91	0.93	0.54	-0.51	0.72	0.79	0.34	0.22
Property Plant And Equipment Net	0.99	0.95	0.29	0.93	0.97		0.89	0.97	0.26	0.99	0.35	0.26	0.98	-0.93	0.93	0.99	0.92	-0.57	0.97	0.93	0.44	-0.38	0.6	0.89	0.33	0.19
Net Debt	0.88	0.97	0.4	0.7	0.79	0.89		0.81	-0.12	0.91	0.18	-0.12	0.91	-0.89	0.96	0.86	0.84	-0.57	0.92	0.73	0.24	-0.12	0.37	0.82	0.53	0.37
Retained Earnings	0.98	0.89	0.33	0.95	1.0	0.97	0.81		0.34	0.97	0.5	0.34	0.95	-0.87	0.84	0.96	0.85	-0.49	0.92	0.93	0.52	-0.5	0.7	0.81	0.34	0.22
Cash	0.31	0.12	-0.24	0.53	0.36	0.26	-0.12	0.34		0.23	0.36	1.0	0.21	-0.23	0.11	0.3	0.12	0.04	0.25	0.55	0.49	-0.2	0.38	0.06	-0.03	-0.02
Non Current Assets Total	1.0	0.97	0.35	0.92	0.97	0.99	0.91	0.97	0.23		0.42	0.23	0.98	-0.93	0.94	0.97	0.88	-0.54	0.98	0.92	0.45	-0.34	0.61	0.83	0.46	0.33
Non Currrent Assets Other	0.4	0.26	-0.01	0.47	0.53	0.35	0.18	0.5	0.36	0.42		0.36	0.26	-0.31	0.16	0.29	0.11	0.35	0.27	0.33	0.41	-0.33	0.77	-0.02	0.39	0.45
Cash And Short Term Investments	0.31	0.12	-0.24	0.53	0.36	0.26	-0.12	0.34	1.0	0.23	0.36		0.21	-0.23	0.11	0.3	0.12	0.04	0.25	0.55	0.49	-0.2	0.38	0.06	-0.03	-0.02
Net Receivables	0.98	0.96	0.43	0.9	0.95	0.98	0.91	0.95	0.21	0.98	0.26	0.21		-0.91	0.94	0.97	0.91	-0.67	0.98	0.93	0.45	-0.38	0.52	0.89	0.38	0.22
Common Stock Shares Outstanding	-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	-0.83	0.46	-0.94	-0.87	-0.34	0.14	-0.54	-0.79	-0.51	-0.32
Non Current Liabilities Total	0.93	0.99	0.37	0.78	0.83	0.93	0.96	0.84	0.11	0.94	0.16	0.11	0.94	-0.93		0.91	0.88	-0.63	0.98	0.86	0.25	-0.1	0.36	0.84	0.53	0.37
Inventory	0.97	0.93	0.25	0.93	0.95	0.99	0.86	0.96	0.3	0.97	0.29	0.3	0.97	-0.91	0.91		0.93	-0.59	0.96	0.94	0.43	-0.39	0.59	0.92	0.25	0.1
Other Current Assets	0.88	0.87	0.36	0.77	0.84	0.92	0.84	0.85	0.12	0.88	0.11	0.12	0.91	-0.83	0.88	0.93		-0.72	0.89	0.84	0.21	-0.34	0.38	0.94	0.15	-0.01
Other Stockholder Equity	-0.55	-0.57	-0.65	-0.47	-0.48	-0.57	-0.57	-0.49	0.04	-0.54	0.35	0.04	-0.67	0.46	-0.63	-0.59	-0.72		-0.61	-0.56	-0.2	0.24	0.19	-0.73	0.0	0.21
Total Liab	0.98	0.99	0.34	0.89	0.91	0.97	0.92	0.92	0.25	0.98	0.27	0.25	0.98	-0.94	0.98	0.96	0.89	-0.61		0.94	0.41	-0.22	0.48	0.86	0.47	0.32
Total Current Assets	0.95	0.87	0.26	0.96	0.93	0.93	0.73	0.93	0.55	0.92	0.33	0.55	0.93	-0.87	0.86	0.94	0.84	-0.56	0.94		0.52	-0.35	0.55	0.79	0.33	0.2
Short Term Debt	0.47	0.36	0.23	0.69	0.54	0.44	0.24	0.52	0.49	0.45	0.41	0.49	0.45	-0.34	0.25	0.43	0.21	-0.2	0.41	0.52		-0.36	0.42	0.26	0.11	0.07
Intangible Assets	-0.35	-0.17	-0.32	-0.44	-0.51	-0.38	-0.12	-0.5	-0.2	-0.34	-0.33	-0.2	-0.38	0.14	-0.1	-0.39	-0.34	0.24	-0.22	-0.35	-0.36		-0.61	-0.37	0.34	0.38
Accounts Payable	0.6	0.46	-0.1	0.67	0.72	0.6	0.37	0.7	0.38	0.61	0.77	0.38	0.52	-0.54	0.36	0.59	0.38	0.19	0.48	0.55	0.42	-0.61		0.38	0.16	0.17
Property Plant And Equipment Gross	0.84	0.84	0.28	0.77	0.79	0.89	0.82	0.81	0.06	0.83	-0.02	0.06	0.89	-0.79	0.84	0.92	0.94	-0.73	0.86	0.79	0.26	-0.37	0.38		0.04	-0.14
Common Stock Total Equity	0.44	0.52	0.32	0.28	0.34	0.33	0.53	0.34	-0.03	0.46	0.39	-0.03	0.38	-0.51	0.53	0.25	0.15	0.0	0.47	0.33	0.11	0.34	0.16	0.04		0.95
Common Stock	0.3	0.37	0.2	0.17	0.22	0.19	0.37	0.22	-0.02	0.33	0.45	-0.02	0.22	-0.32	0.37	0.1	-0.01	0.21	0.32	0.2	0.07	0.38	0.17	-0.14	0.95

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Universal Health Account Relationship Matchups

Universal Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.7B	13.5B	13.1B	13.5B	14.4B	15.1B
Short Long Term Debt Total	4.3B	4.2B	4.6B	5.3B	5.4B	5.6B
Other Current Liab	147.0M	57.0M	10.7M	2.2M	1.2B	1.3B
Total Current Liabilities	1.6B	2.5B	2.0B	1.9B	2.0B	2.1B
Total Stockholder Equity	5.5B	6.3B	6.1B	5.9B	6.1B	6.5B
Property Plant And Equipment Net	5.3B	5.7B	6.2B	6.4B	6.6B	6.9B
Net Debt	4.2B	3.0B	4.4B	5.2B	5.2B	5.5B
Retained Earnings	5.9B	6.7B	6.6B	6.5B	6.8B	7.1B
Cash	61.3M	1.2B	115.3M	102.8M	119.4M	68.3M
Non Current Assets Total	9.8B	10.2B	10.8B	11.0B	11.5B	12.1B
Non Currrent Assets Other	516.8M	575.0M	573.4M	305.5M	271.3M	228.7M
Cash And Short Term Investments	61.3M	1.2B	115.3M	102.8M	119.4M	68.3M
Net Receivables	1.6B	1.7B	1.7B	2.0B	2.2B	2.4B
Common Stock Shares Outstanding	89.0M	85.6M	83.7M	73.8M	70.1M	88.5M
Liabilities And Stockholders Equity	11.7B	13.5B	13.1B	13.5B	14.4B	15.1B
Non Current Liabilities Total	4.5B	4.6B	4.9B	5.6B	6.1B	6.4B
Inventory	159.9M	190.4M	206.8M	218.5M	217.0M	227.8M
Other Current Assets	133.9M	138.0M	194.8M	198.3M	236.7M	248.5M
Other Stockholder Equity	(462.2M)	(479.5M)	(545.5M)	(604.1M)	(6.8B)	(6.4B)
Total Liab	6.1B	7.1B	6.9B	7.5B	8.2B	8.6B
Total Current Assets	1.9B	3.3B	2.3B	2.5B	2.8B	3.0B
Short Term Debt	144.0M	391.8M	112.9M	149.2M	198.3M	208.2M
Intangible Assets	83.7M	82.6M	81.0M	78.1M	77.0M	73.2M
Accounts Payable	1.3B	1.7B	1.9B	1.8B	614.0M	533.5M
Property Plant And Equipment Gross	5.3B	5.7B	10.8B	11.5B	12.2B	12.8B
Accumulated Other Comprehensive Income	31.9M	48.1M	30.3M	(9.7M)	(650.6M)	(618.1M)
Common Stock Total Equity	914K	867K	851K	771K	886.7K	821.9K
Common Stock	867K	851K	771K	710K	672K	817.0K
Other Liab	355.0M	786.7M	464.8M	487.7M	560.8M	390.4M
Other Assets	316.4M	602.7M	625.6M	674.3M	775.4M	814.2M
Long Term Debt	3.9B	3.5B	4.1B	4.7B	4.8B	2.8B
Good Will	3.9B	3.9B	4.0B	3.9B	3.9B	2.5B
Property Plant Equipment	5.0B	5.4B	6.2B	6.4B	7.3B	7.7B
Net Tangible Assets	5.8B	6.9B	2.1B	1.9B	2.2B	3.9B
Warrants	4.3M	4.3M	4.6M	5.1M	4.6M	4.4M
Noncontrolling Interest In Consolidated Entity	76.5M	74.8M	84.8M	103.4M	118.9M	71.4M
Retained Earnings Total Equity	5.4B	5.5B	6.3B	6.1B	7.0B	4.0B
Long Term Debt Total	3.9B	3.5B	4.1B	4.7B	5.4B	4.1B

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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:

How To Invest In Universal

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Is Universal Stock a good investment?

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What is Universal Health's Net Worth?

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Largest Health Care Providers & Services Companies

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Largest Health Care Equipment & Services Companies

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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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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.

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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.

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Universal Operating Income vs Total Operating Expenses Analysis

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Total Operating Expenses

Universal Health fundamental ratios Correlations

Universal Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Health fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Total Liab	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Short Long Term Debt Total
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.93	Non Current Assets Total
Common Stock Shares Outstanding	- 0.93	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.93	Total Assets