Universal Property Plant And Equipment Gross vs Total Current Liabilities Analysis

OLED Stock  USD 175.70  0.09  0.05%   
Universal Display financial indicator trend analysis is much more than just breaking down Universal Display prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Display is a good investment. Please check the relationship between Universal Display Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

Property Plant And Equipment Gross vs Total Current Liabilities

Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Display Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Universal Display's Property Plant And Equipment Gross and Total Current Liabilities is 0.6. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Universal Display, assuming nothing else is changed. The correlation between historical values of Universal Display's Property Plant And Equipment Gross and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Universal Display are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., Universal Display's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Gross

Total Current Liabilities

Total Current Liabilities is an item on Universal Display 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 Display 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.
Most indicators from Universal Display's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Display 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Display's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 36.37, whereas Issuance Of Capital Stock is forecasted to decline to about 1.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit438.5M488.7M441.1M463.1M
Total Revenue553.5M616.6M576.4M605.3M

Universal Display fundamental ratios Correlations

0.340.460.480.10.130.220.320.450.410.09-0.040.470.470.310.330.480.410.340.630.140.450.290.150.42-0.11
0.340.780.760.820.340.40.990.860.76-0.560.610.740.960.930.490.60.920.780.630.420.60.970.410.91-0.36
0.460.780.950.680.350.410.760.990.98-0.20.260.980.810.770.890.940.940.980.880.50.750.720.430.93-0.46
0.480.760.950.560.050.140.740.940.98-0.160.220.970.830.660.90.950.870.970.820.220.640.710.140.94-0.15
0.10.820.680.560.590.60.820.750.62-0.540.580.620.680.870.360.430.810.670.50.640.550.810.650.69-0.62
0.130.340.350.050.590.980.340.360.17-0.30.310.230.210.590.030.10.460.210.320.970.460.340.990.21-0.96
0.220.40.410.140.60.980.40.420.24-0.320.330.290.30.630.090.160.510.270.40.980.490.40.970.29-0.91
0.320.990.760.740.820.340.40.850.74-0.630.670.710.950.940.460.560.910.760.590.420.550.990.410.89-0.35
0.450.860.990.940.750.360.420.850.97-0.310.370.960.880.840.830.890.970.970.850.50.730.820.450.96-0.45
0.410.760.980.980.620.170.240.740.97-0.170.230.980.810.70.930.970.90.990.830.350.690.70.260.95-0.29
0.09-0.56-0.2-0.16-0.54-0.3-0.32-0.63-0.31-0.17-1.0-0.12-0.48-0.630.080.02-0.46-0.23-0.02-0.280.2-0.69-0.33-0.40.26
-0.040.610.260.220.580.310.330.670.370.23-1.00.180.540.67-0.020.040.510.30.090.3-0.150.730.340.46-0.27
0.470.740.980.970.620.230.290.710.960.98-0.120.180.790.670.910.960.880.970.880.390.710.670.310.92-0.34
0.470.960.810.830.680.210.30.950.880.81-0.480.540.790.850.580.680.90.810.740.30.570.920.280.94-0.24
0.310.930.770.660.870.590.630.940.840.7-0.630.670.670.850.440.540.940.730.60.650.630.930.660.83-0.62
0.330.490.890.90.360.030.090.460.830.930.08-0.020.910.580.440.980.710.90.730.220.610.420.110.79-0.18
0.480.60.940.950.430.10.160.560.890.970.020.040.960.680.540.980.790.940.830.280.670.520.180.86-0.23
0.410.920.940.870.810.460.510.910.970.9-0.460.510.880.90.940.710.790.910.780.570.720.890.540.95-0.53
0.340.780.980.970.670.210.270.760.970.99-0.230.30.970.810.730.90.940.910.830.370.660.730.290.94-0.32
0.630.630.880.820.50.320.40.590.850.83-0.020.090.880.740.60.730.830.780.830.430.70.550.380.76-0.4
0.140.420.50.220.640.970.980.420.50.35-0.280.30.390.30.650.220.280.570.370.430.550.410.980.35-0.95
0.450.60.750.640.550.460.490.550.730.690.2-0.150.710.570.630.610.670.720.660.70.550.490.520.63-0.53
0.290.970.720.710.810.340.40.990.820.7-0.690.730.670.920.930.420.520.890.730.550.410.490.410.87-0.34
0.150.410.430.140.650.990.970.410.450.26-0.330.340.310.280.660.110.180.540.290.380.980.520.410.29-0.98
0.420.910.930.940.690.210.290.890.960.95-0.40.460.920.940.830.790.860.950.940.760.350.630.870.29-0.29
-0.11-0.36-0.46-0.15-0.62-0.96-0.91-0.35-0.45-0.290.26-0.27-0.34-0.24-0.62-0.18-0.23-0.53-0.32-0.4-0.95-0.53-0.34-0.98-0.29
Click cells to compare fundamentals

Universal Display Account Relationship Matchups

Universal Display fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab1.9M4.5M6.6M76.8M8.1M7.0M
Total Current Liabilities161.5M165.0M187.9M135.7M118.8M124.8M
Total Stockholder Equity811.4M912.7M1.1B1.3B1.4B1.5B
Retained Earnings249.0M353.9M500.2M653.3M789.6M829.0M
Accounts Payable13.3M13.8M15.0M9.5M10.9M11.5M
Common Stock Shares Outstanding47.0M47.2M47.4M47.5M47.6M36.5M
Other Stockholder Equity579.0M594.3M617.4M640.1M658.3M365.8M
Total Liab308.7M356.5M367.0M257.5M221.7M232.8M
Total Assets1.1B1.3B1.5B1.5B1.7B1.8B
Property Plant And Equipment Net87.9M102.1M128.8M143.4M200.1M210.1M
Net Debt(123.1M)(621.3M)(284.7M)(64.4M)(69.1M)(72.6M)
Cash131.6M630.0M312.0M93.4M92.0M93.9M
Non Current Assets Total327.7M344.6M541.0M633.4M751.8M789.4M
Non Currrent Assets Other86.1M103.3M135.7M109.7M80.4M84.4M
Cash And Short Term Investments646.1M730.0M663.2M577.8M514.1M539.8M
Liabilities And Stockholders Equity1.1B1.3B1.5B1.5B1.7B1.8B
Other Current Assets21.9M20.7M20.9M45.8M87.4M91.7M
Property Plant And Equipment Gross87.9M102.1M128.8M260.6M344.0M361.2M
Total Current Assets792.4M924.6M925.9M899.5M917.1M963.0M
Net Receivables60.5M82.3M107.6M92.7M139.9M146.8M
Accumulated Other Comprehensive Income(17.0M)(36.0M)(18.2M)(18.5M)(1.1M)(1.1M)
Common Stock Total Equity487K489K490K491K564.7K415.5K
Short Term Investments514.5M100.0M351.2M484.3M422.1M443.2M
Non Current Liabilities Total147.2M191.6M179.1M121.8M102.9M108.1M
Common Stock485K487K489K490K491K420.3K
Other Assets108.0M141.0M138.5M136.4M156.9M164.7M
Short Term Debt49.0M41.4M45.5M3.7M52.1M54.7M
Intangible Assets102.8M80.9M59.4M46.6M97.2M60.7M
Property Plant Equipment96.4M102.1M128.8M143.4M165.0M173.2M
Current Deferred Revenue97.3M105.2M120.9M45.6M47.7M26.7M
Other Liab140.3M191.6M151.8M92.7M106.6M112.0M
Inventory64.0M91.6M134.2M183.2M175.8M184.6M
Net Tangible Assets693.1M816.2M1.1B1.2B1.4B1.5B
Capital Surpluse620.2M635.6M658.7M681.3M783.5M669.0M
Deferred Long Term Liab23.9M41.8M57.1M18.3M21.0M21.1M

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When determining whether Universal Display is a strong investment it is important to analyze Universal Display'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 Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
Note that the Universal Display information on this page should be used as a complementary analysis to other Universal Display'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Universal Display's price analysis, check to measure Universal Display'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 Display is operating at the current time. Most of Universal Display's value examination focuses on studying past and present price action to predict the probability of Universal Display'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 Display's price. Additionally, you may evaluate how the addition of Universal Display to your portfolios can decrease your overall portfolio volatility.
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Is Universal Display'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 Display. 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 Display 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
0.434
Dividend Share
1.45
Earnings Share
4.61
Revenue Per Share
12.849
Quarterly Revenue Growth
0.267
The market value of Universal Display 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 Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display'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 Display's market value can be influenced by many factors that don't directly affect Universal Display'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 Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display'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.