Universal Cash And Short Term Investments vs Non Current Assets Total Analysis
UHT Stock | USD 36.95 0.23 0.62% |
Universal Health financial indicator trend analysis is much more than just breaking down Universal Health Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Health Realty is a good investment. Please check the relationship between Universal Health Cash And Short Term Investments and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Realty. 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.
Cash And Short Term Investments vs Non Current Assets Total
Cash And Short Term Investments vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Realty Cash And Short Term Investments account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Universal Health's Cash And Short Term Investments and Non Current Assets Total is -0.77. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Universal Health Realty, assuming nothing else is changed. The correlation between historical values of Universal Health's Cash And Short Term Investments and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Universal Health Realty are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash And Short Term Investments i.e., Universal Health's Cash And Short Term Investments and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Universal Health Realty balance sheet. This account contains Universal Health investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Universal Health Realty fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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 Realty 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 Realty. 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. Issuance Of Capital Stock is likely to gain to about 174 K in 2024, whereas Selling General Administrative is likely to drop slightly above 4.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.8M | 10.8M | 22.9M | 24.1M | Depreciation And Amortization | 27.5M | 26.6M | 27.7M | 29.1M |
Universal Health fundamental ratios Correlations
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Universal Health Account Relationship Matchups
High Positive Relationship
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Universal Health fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 488.8M | 494.0M | 598.4M | 607.5M | 596.4M | 303.2M | |
Short Long Term Debt Total | 282.6M | 304.0M | 340.3M | 354.3M | 370.4M | 388.9M | |
Total Stockholder Equity | 181.7M | 159.0M | 235.3M | 229.1M | 200.9M | 160.1M | |
Net Debt | 276.5M | 298.3M | 317.8M | 346.7M | 362.2M | 380.3M | |
Non Current Assets Total | 472.1M | 477.6M | 481.7M | 502.5M | 490.5M | 289.1M | |
Non Currrent Assets Other | 441.7M | 452.6M | 450.1M | 472.3M | 67.1M | 63.8M | |
Other Assets | 8.2M | 8.8M | 461.9M | 486.1M | 559.0M | 586.9M | |
Common Stock Shares Outstanding | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 12.0M | |
Liabilities And Stockholders Equity | 488.8M | 494.0M | 598.4M | 607.5M | 596.4M | 303.2M | |
Non Current Liabilities Total | 80.8M | 78.7M | 78.7M | 67.1M | 54.8M | 66.0M | |
Other Stockholder Equity | 266.7M | 267.4M | 268.5M | 269.5M | 270.4M | 189.4M | |
Total Liab | 307.1M | 335.0M | 363.1M | 378.4M | 395.4M | 415.2M | |
Retained Earnings | (86.1M) | (104.7M) | (34.4M) | (52.5M) | (76.9M) | (73.1M) | |
Net Receivables | 10.6M | 10.7M | 94.2M | 97.4M | 97.6M | 102.5M | |
Total Current Assets | 16.7M | 16.4M | 116.7M | 105.1M | 105.8M | 111.1M | |
Cash And Short Term Investments | 6.1M | 5.7M | 22.5M | 7.6M | 8.2M | 7.8M | |
Total Current Liabilities | 226.2M | 256.4M | 284.4M | 311.3M | 340.6M | 357.6M | |
Cash | 6.1M | 5.7M | 22.5M | 7.6M | 8.2M | 8.6M | |
Accumulated Other Comprehensive Income | 1.0M | (3.8M) | 1.1M | 12.0M | 7.3M | 7.7M | |
Short Term Debt | 213.0M | 236.2M | 271.9M | 298.1M | 12.3M | 11.7M | |
Other Current Liab | 13.3M | 20.2M | 12.5M | 2.3M | 328.3M | 344.7M | |
Other Liab | 13.0M | 10.8M | 10.3M | 12.6M | 14.5M | 7.7M | |
Long Term Debt | 60.7M | 58.9M | 56.9M | 44.7M | 32.9M | 31.2M | |
Intangible Assets | 14.6M | 11.7M | 10.0M | 9.4M | 9.1M | 13.8M | |
Net Tangible Assets | 167.2M | 147.3M | 225.4M | 219.7M | 252.6M | 196.7M | |
Accounts Payable | 12.2M | 13.3M | 20.2M | 12.5M | 14.4M | 12.0M | |
Retained Earnings Total Equity | (67.7M) | (86.1M) | (104.7M) | (34.4M) | (31.0M) | (32.5M) | |
Long Term Debt Total | 60.7M | 58.9M | 56.9M | 342.8M | 394.2M | 414.0M | |
Capital Surpluse | 266.7M | 267.4M | 268.5M | 269.5M | 309.9M | 276.9M | |
Deferred Long Term Liab | 8.2M | 8.8M | 12.0M | 11.1M | 12.8M | 6.8M | |
Long Term Investments | 439.4M | 448.1M | 530.7M | 9.3M | 9.1M | 8.6M |
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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 Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Universal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Universal Health Realty Stock. Highlighted below are key reports to facilitate an investment decision about Universal Health Realty Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Realty. 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 Realty 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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 0.188 | Dividend Share 2.89 | Earnings Share 1.17 | Revenue Per Share 7.158 | Quarterly Revenue Growth 0.082 |
The market value of Universal Health Realty 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.