Universal Total Stockholder Equity vs Retained Earnings Analysis

UEIC Stock  USD 10.23  0.52  5.36%   
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 Retained Earnings 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 Retained Earnings

Total Stockholder Equity vs Retained Earnings 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 Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Universal Electronics' Total Stockholder Equity and Retained Earnings is 0.8. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Universal Electronics' Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Profit173.0M152.3M100.9M102.8M
Total Revenue601.6M542.8M420.5M353.9M

Universal Electronics fundamental ratios Correlations

0.720.740.90.880.970.150.90.950.670.960.420.670.940.450.830.980.7-0.010.910.130.990.660.640.850.68
0.720.490.860.410.590.540.640.730.430.560.00.430.76-0.040.570.790.62-0.350.850.210.780.340.90.520.59
0.740.490.750.540.810.40.70.760.140.770.170.140.780.140.780.780.45-0.210.760.120.690.430.310.720.48
0.90.860.750.590.850.520.810.960.420.820.220.420.930.160.810.950.76-0.291.00.170.910.480.840.750.62
0.880.410.540.590.87-0.280.80.740.80.890.520.80.740.660.640.780.480.290.60.060.850.690.290.760.59
0.970.590.810.850.870.110.870.930.550.980.460.550.90.490.860.940.640.060.860.070.920.670.490.870.62
0.150.540.40.52-0.280.110.20.31-0.420.07-0.3-0.420.34-0.650.280.330.47-0.790.510.350.19-0.090.60.070.25
0.90.640.70.810.80.870.20.830.590.840.170.590.910.190.80.910.55-0.280.820.180.910.470.560.790.79
0.950.730.760.960.740.930.310.830.520.910.410.520.930.370.830.960.72-0.110.960.120.950.560.710.820.6
0.670.430.140.420.80.55-0.420.590.520.550.281.00.520.530.390.560.290.280.420.070.710.390.390.480.48
0.960.560.770.820.890.980.070.840.910.550.550.550.850.560.840.930.630.120.830.010.90.740.470.890.55
0.420.00.170.220.520.46-0.30.170.410.280.550.280.230.730.370.320.310.580.24-0.070.330.690.020.340.05
0.670.430.140.420.80.55-0.420.590.521.00.550.280.520.530.390.560.290.280.420.080.710.380.390.470.48
0.940.760.780.930.740.90.340.910.930.520.850.230.520.220.770.940.73-0.230.930.280.950.520.680.740.78
0.45-0.040.140.160.660.49-0.650.190.370.530.560.730.530.220.270.290.150.830.17-0.330.370.69-0.10.450.02
0.830.570.780.810.640.860.280.80.830.390.840.370.390.770.270.850.45-0.180.830.180.790.580.50.70.64
0.980.790.780.950.780.940.330.910.960.560.930.320.560.940.290.850.72-0.170.960.130.970.590.720.850.67
0.70.620.450.760.480.640.470.550.720.290.630.310.290.730.150.450.72-0.170.750.410.710.530.730.440.56
-0.01-0.35-0.21-0.290.290.06-0.79-0.28-0.110.280.120.580.28-0.230.83-0.18-0.17-0.17-0.29-0.43-0.090.39-0.420.06-0.35
0.910.850.761.00.60.860.510.820.960.420.830.240.420.930.170.830.960.75-0.290.170.920.490.830.760.63
0.130.210.120.170.060.070.350.180.120.070.01-0.070.080.28-0.330.180.130.41-0.430.170.20.150.24-0.350.64
0.990.780.690.910.850.920.190.910.950.710.90.330.710.950.370.790.970.71-0.090.920.20.590.710.790.73
0.660.340.430.480.690.67-0.090.470.560.390.740.690.380.520.690.580.590.530.390.490.150.590.240.460.51
0.640.90.310.840.290.490.60.560.710.390.470.020.390.68-0.10.50.720.73-0.420.830.240.710.240.430.51
0.850.520.720.750.760.870.070.790.820.480.890.340.470.740.450.70.850.440.060.76-0.350.790.460.430.3
0.680.590.480.620.590.620.250.790.60.480.550.050.480.780.020.640.670.56-0.350.630.640.730.510.510.3
Click cells to compare fundamentals

Universal Electronics Account Relationship Matchups

Universal Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets564.2M510.3M510.3M504.2M355.9M289.6M
Short Long Term Debt Total83.6M33.7M70.3M103.0M72.4M37.9M
Other Current Liab94.0M74.6M66.7M56.0M40.5M33.5M
Total Current Liabilities266.5M179.5M216.8M216.5M161.1M108.5M
Total Stockholder Equity274.4M313.3M275.9M268.4M178.9M172.8M
Property Plant And Equipment Net110.6M106.8M94.5M84.4M63.3M44.5M
Net Debt9.3M(23.5M)9.5M36.3M29.6M31.1M
Retained Earnings286.4M325.0M330.3M330.7M232.5M134.4M
Accounts Payable102.6M83.2M92.7M71.4M57.0M46.9M
Cash74.3M57.2M60.8M66.7M42.8M44.6M
Non Current Assets Total185.4M183.4M173.2M166.1M97.0M87.3M
Non Currrent Assets Other2.2M2.8M2.3M1.9M1.6M3.1M
Cash And Short Term Investments74.3M57.2M60.8M66.7M42.8M45.3M
Net Receivables152.6M142.4M134.6M124.5M120.5M77.3M
Common Stock Shares Outstanding14.1M14.2M13.7M12.8M12.9M12.3M
Liabilities And Stockholders Equity564.2M510.3M510.3M504.2M355.9M289.6M
Non Current Liabilities Total23.3M17.5M17.6M19.3M15.8M9.1M
Inventory145.1M120.4M134.5M140.2M88.3M69.5M
Other Current Assets6.7M6.8M7.3M6.6M7.3M7.7M
Other Stockholder Equity10.5M6.6M(41.1M)(41.4M)(33.0M)(31.4M)
Total Liab289.8M197.0M234.4M235.8M177.0M116.8M
Property Plant And Equipment Gross110.6M106.8M94.5M84.4M226.6M237.9M
Total Current Assets378.8M326.8M337.1M338.0M258.9M202.3M
Accumulated Other Comprehensive Income(22.8M)(18.5M)(13.5M)(21.2M)(20.8M)(19.7M)
Intangible Assets19.8M19.7M20.2M24.5M25.3M15.9M
Short Term Debt68M20M56M88M59.8M42.4M
Good Will48.5M48.4M48.6M48.5M49.1M0.0
Common Stock Total Equity241K244K247K250K287.5K223.5K
Common Stock241K244K247K250K253K225.7K
Other Assets6.6M27.8M10.1M8.2M9.4M10.4M
Treasury Stock(277.8M)(295.5M)(355.2M)(368.2M)(331.4M)(314.8M)
Property Plant Equipment90.7M87.3M94.5M62.8M72.2M56.4M
Other Liab7.7M3.8M3.3M4.3M4.9M7.2M
Current Deferred Revenue1.8M1.7M1.4M1.1M3.8M2.5M
Net Tangible Assets206.1M245.0M207.3M194.9M224.1M225.5M
Retained Earnings Total Equity286.4M325.0M330.3M330.7M380.3M283.9M
Capital Surpluse288.3M302.1M314.1M326.8M375.9M276.8M

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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 Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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
(7.64)
Revenue Per Share
32.708
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.04)
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.