Universal Total Stockholder Equity vs Common Stock Shares Outstanding Analysis
UEIC Stock | USD 13.65 0.65 5.00% |
Universal Electronics financial indicator trend analysis is much more than just breaking down Universal Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Electronics is a good investment. Please check the relationship between Universal Electronics Total Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
Total Stockholder Equity vs Common Stock Shares Outstanding
Total Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Total Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Universal Electronics' Total Stockholder Equity and Common Stock Shares Outstanding is 0.66. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Universal Electronics, assuming nothing else is changed. The correlation between historical values of Universal Electronics' Total Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Universal Electronics are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Stockholder Equity i.e., Universal Electronics' Total Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Universal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Electronics 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 Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Electronics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 142.8 M, whereas Selling General Administrative is forecasted to decline to about 80.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 173.0M | 152.3M | 100.9M | 102.8M | Total Revenue | 601.6M | 542.8M | 420.5M | 353.9M |
Universal Electronics fundamental ratios Correlations
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Universal Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Short Long Term Debt Total | 83.6M | 33.7M | 70.3M | 103.0M | 72.4M | 37.9M | |
Other Current Liab | 94.0M | 74.6M | 66.7M | 56.0M | 40.5M | 33.5M | |
Total Current Liabilities | 266.5M | 179.5M | 216.8M | 216.5M | 161.1M | 108.5M | |
Total Stockholder Equity | 274.4M | 313.3M | 275.9M | 268.4M | 178.9M | 172.8M | |
Property Plant And Equipment Net | 110.6M | 106.8M | 94.5M | 84.4M | 63.3M | 44.5M | |
Net Debt | 9.3M | (23.5M) | 9.5M | 36.3M | 29.6M | 31.1M | |
Retained Earnings | 286.4M | 325.0M | 330.3M | 330.7M | 232.5M | 134.4M | |
Accounts Payable | 102.6M | 83.2M | 92.7M | 71.4M | 57.0M | 46.9M | |
Cash | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 44.6M | |
Non Current Assets Total | 185.4M | 183.4M | 173.2M | 166.1M | 97.0M | 87.3M | |
Non Currrent Assets Other | 2.2M | 2.8M | 2.3M | 1.9M | 1.6M | 3.1M | |
Cash And Short Term Investments | 74.3M | 57.2M | 60.8M | 66.7M | 42.8M | 45.3M | |
Net Receivables | 152.6M | 142.4M | 134.6M | 124.5M | 120.5M | 77.3M | |
Common Stock Shares Outstanding | 14.1M | 14.2M | 13.7M | 12.8M | 12.9M | 12.3M | |
Liabilities And Stockholders Equity | 564.2M | 510.3M | 510.3M | 504.2M | 355.9M | 289.6M | |
Non Current Liabilities Total | 23.3M | 17.5M | 17.6M | 19.3M | 15.8M | 9.1M | |
Inventory | 145.1M | 120.4M | 134.5M | 140.2M | 88.3M | 69.5M | |
Other Current Assets | 6.7M | 6.8M | 7.3M | 6.6M | 7.3M | 7.7M | |
Other Stockholder Equity | 10.5M | 6.6M | (41.1M) | (41.4M) | (33.0M) | (31.4M) | |
Total Liab | 289.8M | 197.0M | 234.4M | 235.8M | 177.0M | 116.8M | |
Property Plant And Equipment Gross | 110.6M | 106.8M | 94.5M | 84.4M | 226.6M | 237.9M | |
Total Current Assets | 378.8M | 326.8M | 337.1M | 338.0M | 258.9M | 202.3M | |
Accumulated Other Comprehensive Income | (22.8M) | (18.5M) | (13.5M) | (21.2M) | (20.8M) | (19.7M) | |
Intangible Assets | 19.8M | 19.7M | 20.2M | 24.5M | 25.3M | 15.9M | |
Short Term Debt | 68M | 20M | 56M | 88M | 59.8M | 42.4M | |
Good Will | 48.5M | 48.4M | 48.6M | 48.5M | 49.1M | 0.0 | |
Common Stock Total Equity | 241K | 244K | 247K | 250K | 287.5K | 223.5K | |
Common Stock | 241K | 244K | 247K | 250K | 253K | 225.7K | |
Other Assets | 6.6M | 27.8M | 10.1M | 8.2M | 9.4M | 10.4M | |
Treasury Stock | (277.8M) | (295.5M) | (355.2M) | (368.2M) | (331.4M) | (314.8M) | |
Property Plant Equipment | 90.7M | 87.3M | 94.5M | 62.8M | 72.2M | 56.4M | |
Other Liab | 7.7M | 3.8M | 3.3M | 4.3M | 4.9M | 7.2M | |
Current Deferred Revenue | 1.8M | 1.7M | 1.4M | 1.1M | 3.8M | 2.5M | |
Net Tangible Assets | 206.1M | 245.0M | 207.3M | 194.9M | 224.1M | 225.5M | |
Retained Earnings Total Equity | 286.4M | 325.0M | 330.3M | 330.7M | 380.3M | 283.9M | |
Capital Surpluse | 288.3M | 302.1M | 314.1M | 326.8M | 375.9M | 276.8M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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Is Universal Electronics' 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 Electronics. 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 Electronics 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 (0.42) | Earnings Share (3.50) | Revenue Per Share 31.333 | Quarterly Revenue Growth (0.15) | Return On Assets (0.03) |
The market value of Universal Electronics 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 Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' 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 Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' 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 Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.