Universal Other Operating Expenses vs Net Income Analysis

UHT Stock  USD 34.66  0.50  1.46%   
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 Other Operating Expenses and its Net Income 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Realty Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Universal Health's Other Operating Expenses and Net Income is -0.09. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Other Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Universal Health Realty are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Universal Health's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Universal Health Realty. It is also known as Universal Health overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Universal Health Realty financial statement analysis. It represents the amount of money remaining after all of Universal Health Realty operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Expense8.8M10.8M22.9M24.1M
Depreciation And Amortization27.5M26.6M27.7M29.1M

Universal Health fundamental ratios Correlations

0.760.850.750.960.540.260.920.290.950.76-0.54-0.440.36-0.440.38-0.660.230.660.460.880.690.880.010.740.05
0.760.591.00.70.230.590.750.140.711.0-0.73-0.520.66-0.520.67-0.680.130.950.480.830.410.840.520.61-0.16
0.850.590.570.790.460.250.780.390.790.58-0.15-0.260.35-0.260.39-0.610.020.450.550.710.590.7-0.090.610.1
0.751.00.570.710.240.580.750.150.711.0-0.74-0.540.64-0.540.64-0.690.110.950.440.830.40.840.530.61-0.14
0.960.70.790.710.640.010.960.460.980.71-0.63-0.480.12-0.480.14-0.770.230.550.290.880.710.87-0.090.710.23
0.540.230.460.240.64-0.320.540.360.620.25-0.31-0.62-0.22-0.62-0.21-0.350.410.13-0.040.270.850.26-0.590.350.39
0.260.590.250.580.01-0.320.04-0.480.040.58-0.09-0.170.99-0.170.980.05-0.080.730.540.28-0.080.290.720.24-0.57
0.920.750.780.750.960.540.040.510.980.75-0.69-0.440.15-0.440.18-0.880.230.590.360.920.640.920.00.740.15
0.290.140.390.150.460.36-0.480.510.40.12-0.15-0.17-0.43-0.17-0.41-0.73-0.26-0.18-0.040.350.20.35-0.320.010.42
0.950.710.790.710.980.620.040.980.40.72-0.67-0.470.15-0.470.18-0.780.310.590.340.90.70.9-0.050.80.16
0.761.00.581.00.710.250.580.750.120.72-0.74-0.530.65-0.530.66-0.670.160.960.480.830.420.840.520.63-0.16
-0.54-0.73-0.15-0.74-0.63-0.31-0.09-0.69-0.15-0.67-0.740.53-0.140.53-0.130.65-0.35-0.69-0.02-0.72-0.35-0.72-0.34-0.620.0
-0.44-0.52-0.26-0.54-0.48-0.62-0.17-0.44-0.17-0.47-0.530.53-0.221.0-0.190.38-0.17-0.470.13-0.44-0.33-0.45-0.15-0.4-0.13
0.360.660.350.640.12-0.220.990.15-0.430.150.65-0.14-0.22-0.221.0-0.03-0.010.780.60.350.040.360.670.32-0.56
-0.44-0.52-0.26-0.54-0.48-0.62-0.17-0.44-0.17-0.47-0.530.531.0-0.22-0.190.38-0.17-0.470.13-0.44-0.33-0.45-0.15-0.4-0.13
0.380.670.390.640.14-0.210.980.18-0.410.180.66-0.13-0.191.0-0.19-0.050.030.770.670.370.080.380.630.32-0.56
-0.66-0.68-0.61-0.69-0.77-0.350.05-0.88-0.73-0.78-0.670.650.38-0.030.38-0.050.06-0.45-0.18-0.82-0.36-0.82-0.11-0.55-0.19
0.230.130.020.110.230.41-0.080.23-0.260.310.16-0.35-0.17-0.01-0.170.030.060.230.360.10.520.1-0.220.37-0.12
0.660.950.450.950.550.130.730.59-0.180.590.96-0.69-0.470.78-0.470.77-0.450.230.480.710.350.730.610.62-0.28
0.460.480.550.440.29-0.040.540.36-0.040.340.48-0.020.130.60.130.67-0.180.360.480.360.340.370.160.25-0.38
0.880.830.710.830.880.270.280.920.350.90.83-0.72-0.440.35-0.440.37-0.820.10.710.360.371.00.340.790.0
0.690.410.590.40.710.85-0.080.640.20.70.42-0.35-0.330.04-0.330.08-0.360.520.350.340.370.36-0.520.430.17
0.880.840.70.840.870.260.290.920.350.90.84-0.72-0.450.36-0.450.38-0.820.10.730.371.00.360.360.79-0.01
0.010.52-0.090.53-0.09-0.590.720.0-0.32-0.050.52-0.34-0.150.67-0.150.63-0.11-0.220.610.160.34-0.520.360.2-0.4
0.740.610.610.610.710.350.240.740.010.80.63-0.62-0.40.32-0.40.32-0.550.370.620.250.790.430.790.2-0.02
0.05-0.160.1-0.140.230.39-0.570.150.420.16-0.160.0-0.13-0.56-0.13-0.56-0.19-0.12-0.28-0.380.00.17-0.01-0.4-0.02
Click cells to compare fundamentals

Universal Health Account Relationship Matchups

Universal Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets488.8M494.0M598.4M607.5M596.4M303.2M
Short Long Term Debt Total282.6M304.0M340.3M354.3M370.4M388.9M
Total Stockholder Equity181.7M159.0M235.3M229.1M200.9M160.1M
Net Debt276.5M298.3M317.8M346.7M362.2M380.3M
Non Current Assets Total472.1M477.6M481.7M502.5M490.5M289.1M
Non Currrent Assets Other441.7M452.6M450.1M472.3M67.1M63.8M
Other Assets8.2M8.8M461.9M486.1M559.0M586.9M
Common Stock Shares Outstanding13.8M13.8M13.8M13.8M13.8M12.0M
Liabilities And Stockholders Equity488.8M494.0M598.4M607.5M596.4M303.2M
Non Current Liabilities Total80.8M78.7M78.7M67.1M54.8M66.0M
Other Stockholder Equity266.7M267.4M268.5M269.5M270.4M189.4M
Total Liab307.1M335.0M363.1M378.4M395.4M415.2M
Retained Earnings(86.1M)(104.7M)(34.4M)(52.5M)(76.9M)(73.1M)
Net Receivables10.6M10.7M94.2M97.4M97.6M102.5M
Total Current Assets16.7M16.4M116.7M105.1M105.8M111.1M
Cash And Short Term Investments6.1M5.7M22.5M7.6M8.2M7.8M
Total Current Liabilities226.2M256.4M284.4M311.3M340.6M357.6M
Cash6.1M5.7M22.5M7.6M8.2M8.6M
Accumulated Other Comprehensive Income1.0M(3.8M)1.1M12.0M7.3M7.7M
Short Term Debt213.0M236.2M271.9M298.1M12.3M11.7M
Other Current Liab13.3M20.2M12.5M2.3M328.3M344.7M
Other Liab13.0M10.8M10.3M12.6M14.5M7.7M
Long Term Debt60.7M58.9M56.9M44.7M32.9M31.2M
Intangible Assets14.6M11.7M10.0M9.4M9.1M13.8M
Net Tangible Assets167.2M147.3M225.4M219.7M252.6M196.7M
Accounts Payable12.2M13.3M20.2M12.5M14.4M12.0M
Retained Earnings Total Equity(67.7M)(86.1M)(104.7M)(34.4M)(31.0M)(32.5M)
Long Term Debt Total60.7M58.9M56.9M342.8M394.2M414.0M
Capital Surpluse266.7M267.4M268.5M269.5M309.9M276.9M
Deferred Long Term Liab8.2M8.8M12.0M11.1M12.8M6.8M
Long Term Investments439.4M448.1M530.7M9.3M9.1M8.6M
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.

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 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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
0.188
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.