Universe Cash And Short Term Investments vs Total Stockholder Equity Analysis
UPC Stock | USD 2.51 0.07 2.71% |
Universe Pharmaceuticals financial indicator trend analysis is much more than just breaking down Universe Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universe Pharmaceuticals is a good investment. Please check the relationship between Universe Pharmaceuticals Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universe Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Universe Stock refer to our How to Trade Universe Stock guide.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universe Pharmaceuticals Cash And Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Universe Pharmaceuticals' Cash And Short Term Investments and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Universe Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Universe Pharmaceuticals' Cash And Short Term Investments and Total Stockholder Equity 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 Universe Pharmaceuticals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Universe Pharmaceuticals' Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Universe Pharmaceuticals balance sheet. This account contains Universe Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Universe Pharmaceuticals 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Universe Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universe Pharmaceuticals 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 Universe Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Universe Stock refer to our How to Trade Universe Stock guide.As of May 17, 2024, Tax Provision is expected to decline to about 1.6 M. In addition to that, Selling General Administrative is expected to decline to about 1.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 162.4K | 156.8K | 180.3K | 153.8K | Depreciation And Amortization | 621.5K | 508.8K | 457.9K | 427.6K |
Universe Pharmaceuticals fundamental ratios Correlations
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Universe Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universe Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.8M | 70.1M | 59.5M | 53.3M | 61.3M | 47.2M | |
Short Long Term Debt Total | 2.6M | 4.3M | 3.9M | 5.5M | 6.3M | 3.9M | |
Other Current Liab | 2.7M | 1.6M | 6.1M | 3.7M | 3.3M | 3.6M | |
Total Current Liabilities | 8.0M | 11.2M | 13.1M | 13.8M | 15.8M | 12.8M | |
Total Stockholder Equity | 20.8M | 58.9M | 46.4M | 39.5M | 45.5M | 34.4M | |
Net Tangible Assets | 12.2M | 20.6M | 58.8M | 46.3M | 53.2M | 32.4M | |
Property Plant And Equipment Net | 4.4M | 15.4M | 13.6M | 15.0M | 17.2M | 10.6M | |
Net Debt | (7.4M) | (3.7M) | (1.8M) | 197.2K | 226.8K | 238.1K | |
Retained Earnings | 13.7M | 25.1M | 16.3M | 10.2M | 11.7M | 13.6M | |
Accounts Payable | 2.7M | 5.3M | 3.1M | 4.6M | 5.3M | 3.8M | |
Cash | 10.1M | 8.1M | 5.7M | 5.3M | 6.1M | 7.1M | |
Non Current Assets Total | 5.5M | 19.7M | 18.0M | 16.5M | 18.9M | 13.1M | |
Other Assets | 168.1K | 186.5K | 14.1M | 12.9M | 14.9M | 15.6M | |
Cash And Short Term Investments | 10.1M | 21.8M | 18.9M | 18.5M | 21.3M | 14.4M | |
Net Receivables | 10.9M | 15.8M | 15.2M | 10.7M | 12.3M | 12.2M | |
Liabilities And Stockholders Equity | 28.8M | 70.1M | 59.5M | 53.3M | 61.3M | 47.2M | |
Inventory | 1.9M | 2.5M | 2.2M | 3.3M | 3.0M | 2.8M | |
Other Current Assets | 443.7K | 10.4M | 1.7M | 626.2K | 720.2K | 684.2K | |
Total Liab | 8.0M | 11.2M | 13.1M | 13.8M | 15.8M | 12.8M | |
Net Invested Capital | 23.4M | 63.3M | 50.4M | 45.0M | 51.8M | 38.4M | |
Long Term Investments | 735K | 744.9K | 702.9K | 685.3K | 616.8K | 572.9K | |
Property Plant And Equipment Gross | 4.4M | 15.4M | 19.3M | 21.0M | 24.2M | 12.8M | |
Short Long Term Debt | 2.6M | 4.3M | 3.9M | 5.5M | 6.3M | 3.9M | |
Total Current Assets | 23.3M | 50.5M | 41.5M | 36.8M | 42.3M | 34.1M | |
Accumulated Other Comprehensive Income | 3.3M | 4.5M | 772.8K | 26.3K | 23.6K | 22.5K | |
Net Working Capital | 15.3M | 39.3M | 28.4M | 23.1M | 26.5M | 21.3M | |
Short Term Debt | 2.6M | 4.3M | 3.9M | 5.5M | 6.3M | 3.9M | |
Intangible Assets | 174.8K | 178.5K | 157.5K | 148.6K | 133.7K | 135.3K | |
Property Plant Equipment | 4.6M | 4.4M | 4.7M | 4.3M | 3.8M | 3.7M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universe Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Universe Stock refer to our How to Trade Universe Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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Is Universe Pharmaceuticals' 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 Universe Pharmaceuticals. If investors know Universe 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 Universe Pharmaceuticals 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 (0.82) | Earnings Share (1.70) | Revenue Per Share 8.913 | Quarterly Revenue Growth (0.13) | Return On Assets (0.04) |
The market value of Universe Pharmaceuticals is measured differently than its book value, which is the value of Universe that is recorded on the company's balance sheet. Investors also form their own opinion of Universe Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Universe Pharmaceuticals' 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 Universe Pharmaceuticals' market value can be influenced by many factors that don't directly affect Universe Pharmaceuticals' 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 Universe Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universe Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universe Pharmaceuticals' 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.