UFP Other Assets vs Accumulated Depreciation Analysis
UFPT Stock | USD 213.25 3.60 1.72% |
UFP Technologies financial indicator trend analysis is much more than just breaking down UFP Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UFP Technologies is a good investment. Please check the relationship between UFP Technologies Other Assets and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UFP Technologies. 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 more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.
Other Assets vs Accumulated Depreciation
Other Assets vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFP Technologies Other Assets account and Accumulated Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between UFP Technologies' Other Assets and Accumulated Depreciation is -0.69. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of UFP Technologies, assuming nothing else is changed. The correlation between historical values of UFP Technologies' Other Assets and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of UFP Technologies are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Other Assets i.e., UFP Technologies' Other Assets and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Assets
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for UFP Technologies fixed asset that has been charged to UFP Technologies expense since that asset was acquired and made available for UFP Technologies use. The accumulated depreciation account is UFP Technologies asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by UFP Technologies.Most indicators from UFP Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UFP Technologies 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 UFP Technologies. 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 more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.At this time, UFP Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Tax Provision is likely to drop slightly above 5.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 51.1M | 90.3M | 119.4M | 125.4M | Total Revenue | 206.3M | 353.8M | 400.1M | 420.1M |
UFP Technologies fundamental ratios Correlations
Click cells to compare fundamentals
UFP Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UFP Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 188.8M | 203.2M | 334.1M | 377.5M | 404.1M | 424.3M | |
Short Long Term Debt Total | 3.1M | 2.2M | 84.4M | 55M | 46.0M | 48.3M | |
Other Current Liab | 8.5M | 8.0M | 13.6M | 27.1M | 22.1M | 23.2M | |
Total Current Liabilities | 16.3M | 15.1M | 34.7M | 55.8M | 58.2M | 61.1M | |
Total Stockholder Equity | 162.0M | 176.9M | 194.4M | 237.5M | 286.1M | 300.4M | |
Property Plant And Equipment Net | 56.7M | 53.8M | 65.9M | 58.1M | 75.7M | 79.5M | |
Net Debt | (653K) | (22.0M) | 73.2M | 50.5M | 40.8M | 42.8M | |
Retained Earnings | 131.6M | 144.9M | 160.8M | 202.6M | 247.5M | 259.9M | |
Accounts Payable | 4.6M | 4.1M | 10.6M | 20.0M | 22.3M | 23.4M | |
Cash | 3.7M | 24.2M | 11.1M | 4.5M | 5.3M | 5.0M | |
Non Current Assets Total | 135.5M | 131.3M | 246.8M | 261.2M | 259.5M | 272.5M | |
Non Currrent Assets Other | 6.0M | 6.0M | 5.4M | 20.3M | 5.8M | 4.5M | |
Cash And Short Term Investments | 3.7M | 24.2M | 11.1M | 4.5M | 5.3M | 5.0M | |
Net Receivables | 28.6M | 26.4M | 39.4M | 55.1M | 65.7M | 69.0M | |
Common Stock Shares Outstanding | 7.5M | 7.6M | 7.6M | 7.7M | 7.7M | 6.4M | |
Liabilities And Stockholders Equity | 188.8M | 203.2M | 334.1M | 377.5M | 404.1M | 424.3M | |
Non Current Liabilities Total | 10.5M | 11.2M | 105.0M | 84.2M | 59.8M | 62.8M | |
Inventory | 18.3M | 18.6M | 33.4M | 53.5M | 70.2M | 73.7M | |
Other Current Assets | 2.6M | 2.6M | 3.4M | 3.2M | 3.4M | 2.1M | |
Other Stockholder Equity | 30.4M | 31.9M | 33.6M | 35.5M | 38.2M | 40.4M | |
Total Liab | 26.8M | 26.3M | 139.7M | 140.0M | 118.0M | 123.9M | |
Property Plant And Equipment Gross | 59.8M | 55.9M | 126.8M | 58.1M | 132.9M | 139.6M | |
Total Current Assets | 53.3M | 71.9M | 87.3M | 116.3M | 144.6M | 151.9M | |
Accumulated Other Comprehensive Income | (53.1M) | (54.1M) | 0.0 | (610K) | 268K | 281.4K | |
Short Term Debt | 674K | 1.2M | 6.2M | 4M | 7.2M | 7.6M | |
Intangible Assets | 21.0M | 19.7M | 67.6M | 68.4M | 64.1M | 67.3M | |
Other Liab | 7.7M | 9.7M | 105.0M | 22.8M | 26.3M | 27.6M | |
Other Assets | 2.9M | 3.9M | 14.8M | 9.2M | 10.6M | 11.1M | |
Long Term Debt | 22.3M | 325K | 71M | 51M | 28M | 29.4M | |
Property Plant Equipment | 56.7M | 53.8M | 56.6M | 58.1M | 66.8M | 70.1M | |
Net Tangible Assets | 89.2M | 105.3M | 19.0M | 237.5M | 273.2M | 286.8M | |
Current Deferred Revenue | 2.6M | 1.9M | 4.2M | 4.7M | 6.6M | 3.5M | |
Retained Earnings Total Equity | 131.6M | 144.9M | 160.8M | 202.6M | 233.0M | 244.6M | |
Capital Surpluse | 31.0M | 32.5M | 34.2M | 36.1M | 41.5M | 29.9M | |
Deferred Long Term Liab | 6.2M | 2.8M | 8.9M | 7.6M | 8.7M | 9.2M | |
Non Current Liabilities Other | 2.8M | 2.3M | 19.3M | 18.2M | 7.1M | 5.2M |
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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 UFP Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if UFP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ufp Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Ufp Technologies Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UFP Technologies. 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 more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running UFP Technologies' price analysis, check to measure UFP Technologies' 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 UFP Technologies is operating at the current time. Most of UFP Technologies' value examination focuses on studying past and present price action to predict the probability of UFP Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UFP Technologies' price. Additionally, you may evaluate how the addition of UFP Technologies to your portfolios can decrease your overall portfolio volatility.
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Is UFP Technologies' 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 UFP Technologies. If investors know UFP 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 UFP Technologies 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 0.369 | Earnings Share 5.82 | Revenue Per Share 52.475 | Quarterly Revenue Growth 0.112 | Return On Assets 0.098 |
The market value of UFP Technologies is measured differently than its book value, which is the value of UFP that is recorded on the company's balance sheet. Investors also form their own opinion of UFP Technologies' value that differs from its market value or its book value, called intrinsic value, which is UFP Technologies' 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 UFP Technologies' market value can be influenced by many factors that don't directly affect UFP Technologies' 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 UFP Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if UFP Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UFP Technologies' 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.