UFP Total Current Assets vs Inventory Analysis

UFPT Stock  USD 262.68  3.47  1.34%   
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 Total Current Assets and its Inventory 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.

Total Current Assets vs Inventory

Total Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFP Technologies Total Current Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between UFP Technologies' Total Current Assets and Inventory is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory 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' Total Current Assets and Inventory 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 Current Assets of UFP Technologies are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., UFP Technologies' Total Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Inventory

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 Profit51.1M90.3M119.4M125.4M
Total Revenue206.3M353.8M400.1M420.1M

UFP Technologies fundamental ratios Correlations

0.810.940.960.980.870.810.980.94-0.540.990.19-0.540.980.410.860.950.21-0.220.940.90.90.880.960.60.89
0.810.750.780.690.630.890.70.73-0.490.840.11-0.490.740.230.960.710.17-0.210.930.780.640.840.90.860.93
0.940.750.970.910.730.770.910.95-0.540.920.39-0.540.950.320.820.940.2-0.250.910.750.880.820.920.450.8
0.960.780.970.920.730.810.930.99-0.580.930.21-0.580.980.260.840.980.14-0.270.930.820.90.910.940.490.85
0.980.690.910.920.920.691.00.9-0.480.950.17-0.480.970.470.740.940.22-0.150.840.90.910.80.890.480.79
0.870.630.730.730.920.580.910.72-0.390.860.13-0.390.830.570.630.770.330.090.690.90.780.670.750.490.67
0.810.890.770.810.690.580.710.76-0.810.87-0.06-0.810.750.030.930.740.04-0.450.920.730.540.880.930.760.9
0.980.70.910.931.00.910.710.92-0.510.950.16-0.510.980.430.750.950.19-0.180.850.90.910.820.90.480.8
0.940.730.950.990.90.720.760.92-0.550.90.21-0.550.970.230.780.990.13-0.220.90.80.920.890.90.420.81
-0.54-0.49-0.54-0.58-0.48-0.39-0.81-0.51-0.55-0.640.291.0-0.540.29-0.55-0.540.220.6-0.59-0.46-0.21-0.62-0.67-0.35-0.55
0.990.840.920.930.950.860.870.950.9-0.640.14-0.640.940.360.890.910.18-0.290.940.890.820.870.980.660.9
0.190.110.390.210.170.13-0.060.160.210.290.140.290.160.410.180.140.390.20.2-0.070.3-0.090.12-0.050.05
-0.54-0.49-0.54-0.58-0.48-0.39-0.81-0.51-0.551.0-0.640.29-0.540.29-0.55-0.540.220.6-0.59-0.46-0.21-0.62-0.67-0.35-0.55
0.980.740.950.980.970.830.750.980.97-0.540.940.16-0.540.370.780.990.16-0.190.890.870.940.870.920.470.82
0.410.230.320.260.470.570.030.430.230.290.360.410.290.370.260.260.680.530.270.360.490.080.220.210.17
0.860.960.820.840.740.630.930.750.78-0.550.890.18-0.550.780.260.760.18-0.310.980.760.670.860.940.840.95
0.950.710.940.980.940.770.740.950.99-0.540.910.14-0.540.990.260.760.1-0.240.880.860.930.90.90.440.82
0.210.170.20.140.220.330.040.190.130.220.180.390.220.160.680.180.10.570.170.180.260.070.090.120.06
-0.22-0.21-0.25-0.27-0.150.09-0.45-0.18-0.220.6-0.290.20.6-0.190.53-0.31-0.240.57-0.31-0.130.01-0.33-0.39-0.29-0.42
0.940.930.910.930.840.690.920.850.9-0.590.940.2-0.590.890.270.980.880.17-0.310.810.790.910.980.740.95
0.90.780.750.820.90.90.730.90.8-0.460.89-0.07-0.460.870.360.760.860.18-0.130.810.820.880.850.690.87
0.90.640.880.90.910.780.540.910.92-0.210.820.3-0.210.940.490.670.930.260.010.790.820.780.780.380.73
0.880.840.820.910.80.670.880.820.89-0.620.87-0.09-0.620.870.080.860.90.07-0.330.910.880.780.910.670.92
0.960.90.920.940.890.750.930.90.9-0.670.980.12-0.670.920.220.940.90.09-0.390.980.850.780.910.710.95
0.60.860.450.490.480.490.760.480.42-0.350.66-0.05-0.350.470.210.840.440.12-0.290.740.690.380.670.710.86
0.890.930.80.850.790.670.90.80.81-0.550.90.05-0.550.820.170.950.820.06-0.420.950.870.730.920.950.86
Click cells to compare fundamentals

UFP Technologies Account Relationship Matchups

UFP Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets188.8M203.2M334.1M377.5M404.1M424.3M
Short Long Term Debt Total3.1M2.2M84.4M55M46.0M48.3M
Other Current Liab8.5M8.0M13.6M27.1M22.1M23.2M
Total Current Liabilities16.3M15.1M34.7M55.8M58.2M61.1M
Total Stockholder Equity162.0M176.9M194.4M237.5M286.1M300.4M
Property Plant And Equipment Net56.7M53.8M65.9M58.1M75.7M79.5M
Net Debt(653K)(22.0M)73.2M50.5M40.8M42.8M
Retained Earnings131.6M144.9M160.8M202.6M247.5M259.9M
Accounts Payable4.6M4.1M10.6M20.0M22.3M23.4M
Cash3.7M24.2M11.1M4.5M5.3M5.0M
Non Current Assets Total135.5M131.3M246.8M261.2M259.5M272.5M
Non Currrent Assets Other6.0M6.0M5.4M20.3M5.8M4.5M
Cash And Short Term Investments3.7M24.2M11.1M4.5M5.3M5.0M
Net Receivables28.6M26.4M39.4M55.1M65.7M69.0M
Common Stock Shares Outstanding7.5M7.6M7.6M7.7M7.7M6.4M
Liabilities And Stockholders Equity188.8M203.2M334.1M377.5M404.1M424.3M
Non Current Liabilities Total10.5M11.2M105.0M84.2M59.8M62.8M
Inventory18.3M18.6M33.4M53.5M70.2M73.7M
Other Current Assets2.6M2.6M3.4M3.2M3.4M2.1M
Other Stockholder Equity30.4M31.9M33.6M35.5M38.2M40.4M
Total Liab26.8M26.3M139.7M140.0M118.0M123.9M
Property Plant And Equipment Gross59.8M55.9M126.8M58.1M132.9M139.6M
Total Current Assets53.3M71.9M87.3M116.3M144.6M151.9M
Accumulated Other Comprehensive Income(53.1M)(54.1M)0.0(610K)268K281.4K
Short Term Debt674K1.2M6.2M4M7.2M7.6M
Intangible Assets21.0M19.7M67.6M68.4M64.1M67.3M
Other Liab7.7M9.7M105.0M22.8M26.3M27.6M
Other Assets2.9M3.9M14.8M9.2M10.6M11.1M
Long Term Debt22.3M325K71M51M28M29.4M
Property Plant Equipment56.7M53.8M56.6M58.1M66.8M70.1M
Net Tangible Assets89.2M105.3M19.0M237.5M273.2M286.8M
Current Deferred Revenue2.6M1.9M4.2M4.7M6.6M3.5M
Retained Earnings Total Equity131.6M144.9M160.8M202.6M233.0M244.6M
Capital Surpluse31.0M32.5M34.2M36.1M41.5M29.9M
Deferred Long Term Liab6.2M2.8M8.9M7.6M8.7M9.2M
Non Current Liabilities Other2.8M2.3M19.3M18.2M7.1M5.2M

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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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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
0.291
Earnings Share
6.2
Revenue Per Share
53.324
Quarterly Revenue Growth
0.074
Return On Assets
0.0968
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.