Universal Interest Expense from 2010 to 2024

UVE Stock  USD 19.10  0.51  2.60%   
Universal Insurance's Interest Expense is increasing over the years with slightly volatile fluctuation. Overall, Interest Expense is expected to go to about 6.9 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1991-06-30
Previous Quarter
1.6 M
Current Value
1.4 M
Quarterly Volatility
526.4 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 6.9 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0571 or PTB Ratio of 1.47. Universal financial statements analysis is a perfect complement when working with Universal Insurance Valuation or Volatility modules.
  
Check out the analysis of Universal Insurance Correlation against competitors.

Latest Universal Insurance's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Universal Insurance Holdings over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Universal Insurance's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Insurance's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Universal Interest Expense Regression Statistics

Arithmetic Mean1,452,903
Geometric Mean0.00
Coefficient Of Variation186.18
Mean Deviation2,085,179
Median102,000
Standard Deviation2,705,058
Sample Variance7.3T
Range6.9M
R-Value0.73
Mean Square Error3.7T
R-Squared0.53
Significance0
Slope440,321
Total Sum of Squares102.4T

Universal Interest Expense History

20246.9 M
20236.5 M
20226.6 M
2021652 K
2020102 K
2019248 K
2018346 K

About Universal Insurance Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Universal Insurance income statement, its balance sheet, and the statement of cash flows. Universal Insurance investors use historical funamental indicators, such as Universal Insurance's Interest Expense, to determine how well the company is positioned to perform in the future. Although Universal Insurance investors may use each financial statement separately, they are all related. The changes in Universal Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Universal Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Universal Insurance Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Universal Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense6.5 M6.9 M

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Additional Information and Resources on Investing in Universal Stock

When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance'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 Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out the analysis of Universal Insurance Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Property & Casualty Insurance space 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 Insurance. 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 Insurance 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
0.443
Dividend Share
0.64
Earnings Share
2.57
Revenue Per Share
48.998
Quarterly Revenue Growth
0.163
The market value of Universal Insurance 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 Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance'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 Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance'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 Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance'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.