Universal Total Current Liabilities vs Total Assets Analysis
UHS Stock | USD 169.88 0.31 0.18% |
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 Total Current Liabilities and its Total Assets 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.
Total Current Liabilities vs Total Assets
Total Current Liabilities vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Services Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Universal Health's Total Current Liabilities and Total Assets is 0.94. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Universal Health Services are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Universal Health's Total Current Liabilities and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Universal Health balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Universal Health Services are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Assets
Total assets refers to the total amount of Universal Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Universal Health Services books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 |
Universal Health fundamental ratios Correlations
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Universal Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Universal Health Investors Sentiment
The influence of Universal Health'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 Universal. 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 Universal Health's public news can be used to forecast risks associated with an investment in Universal. The trend in average sentiment can be used to explain how an investor holding Universal can time the market purely based on public headlines and social activities around Universal Health Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Universal Health'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 Universal Health'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 Universal Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Universal Health.
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 Universal Health 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, Universal Health's short interest history, or implied volatility extrapolated from Universal Health options trading.
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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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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.