United Intangible Assets vs Good Will Analysis

UG Stock  USD 9.05  0.10  1.09%   
United Guardian financial indicator trend analysis is much more than just breaking down United Guardian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Guardian is a good investment. Please check the relationship between United Guardian Intangible Assets and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Guardian Intangible Assets account and Good Will. At this time, the significance of the direction appears to have almost identical trend.
The correlation between United Guardian's Intangible Assets and Good Will is 0.97. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of United Guardian, assuming nothing else is changed. The correlation between historical values of United Guardian's Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of United Guardian are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., United Guardian's Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from United Guardian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Guardian 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 United Guardian. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.The United Guardian's current Selling General Administrative is estimated to increase to about 2.6 M. The United Guardian's current Tax Provision is estimated to increase to about 941.9 K
 2021 2022 2023 2024 (projected)
Total Revenue13.9M12.7M10.9M11.2M
Interest Expense567.7K1.6M1.9M2.0M

United Guardian fundamental ratios Correlations

-0.780.08-0.070.990.57-0.050.98-0.060.12-0.830.990.41-0.12-0.680.210.23-0.46-0.520.99-0.78-0.9-0.37-0.27-0.81-0.27
-0.78-0.57-0.35-0.75-0.040.14-0.810.00.460.9-0.76-0.60.320.89-0.42-0.28-0.050.29-0.831.00.960.62-0.161.00.5
0.08-0.570.860.0-0.72-0.090.140.0-0.89-0.340.10.47-0.23-0.490.360.10.640.540.17-0.57-0.35-0.420.62-0.53-0.32
-0.07-0.350.86-0.16-0.62-0.17-0.070.12-0.7-0.16-0.080.43-0.31-0.340.290.190.70.720.0-0.36-0.160.040.65-0.32-0.35
0.99-0.750.0-0.160.610.00.98-0.110.15-0.830.980.36-0.06-0.680.220.2-0.51-0.60.98-0.75-0.89-0.38-0.33-0.78-0.21
0.57-0.04-0.72-0.620.610.170.5-0.170.75-0.310.530.010.21-0.1-0.07-0.07-0.83-0.670.49-0.04-0.30.25-0.71-0.090.18
-0.050.14-0.09-0.170.00.170.07-0.99-0.19-0.080.00.10.93-0.160.34-0.52-0.33-0.1-0.010.140.060.13-0.520.120.88
0.98-0.810.14-0.070.980.50.07-0.190.0-0.870.980.450.01-0.740.310.19-0.44-0.520.99-0.81-0.92-0.45-0.28-0.84-0.16
-0.060.00.00.12-0.11-0.17-0.99-0.190.250.21-0.12-0.19-0.910.28-0.40.480.330.13-0.12-0.010.07-0.040.510.02-0.83
0.120.46-0.89-0.70.150.75-0.190.00.250.260.08-0.380.020.47-0.410.04-0.62-0.390.010.460.230.47-0.510.420.1
-0.830.9-0.34-0.16-0.83-0.31-0.08-0.870.210.26-0.81-0.590.080.86-0.47-0.140.130.41-0.870.90.930.450.090.910.26
0.99-0.760.1-0.080.980.530.00.98-0.120.08-0.810.34-0.05-0.670.180.18-0.46-0.50.99-0.76-0.88-0.41-0.27-0.79-0.2
0.41-0.60.470.430.360.010.10.45-0.19-0.38-0.590.340.02-0.50.310.11-0.060.140.45-0.6-0.55-0.1-0.13-0.59-0.1
-0.120.32-0.23-0.31-0.060.210.930.01-0.910.020.08-0.050.020.060.22-0.5-0.42-0.04-0.080.330.220.23-0.580.30.98
-0.680.89-0.49-0.34-0.68-0.1-0.16-0.740.280.470.86-0.67-0.50.06-0.63-0.2-0.090.34-0.730.890.890.41-0.120.90.23
0.21-0.420.360.290.22-0.070.340.31-0.4-0.41-0.470.180.310.22-0.630.090.22-0.090.26-0.42-0.37-0.080.16-0.410.11
0.23-0.280.10.190.2-0.07-0.520.190.480.04-0.140.180.11-0.5-0.20.090.16-0.020.21-0.28-0.240.040.33-0.27-0.52
-0.46-0.050.640.7-0.51-0.83-0.33-0.440.33-0.620.13-0.46-0.06-0.42-0.090.220.160.55-0.41-0.060.16-0.060.85-0.01-0.39
-0.520.290.540.72-0.6-0.67-0.1-0.520.13-0.390.41-0.50.14-0.040.34-0.09-0.020.55-0.470.290.470.340.450.330.02
0.99-0.830.170.00.980.49-0.010.99-0.120.01-0.870.990.45-0.08-0.730.260.21-0.41-0.47-0.82-0.92-0.42-0.24-0.85-0.24
-0.781.0-0.57-0.36-0.75-0.040.14-0.81-0.010.460.9-0.76-0.60.330.89-0.42-0.28-0.060.29-0.820.960.62-0.161.00.5
-0.90.96-0.35-0.16-0.89-0.30.06-0.920.070.230.93-0.88-0.550.220.89-0.37-0.240.160.47-0.920.960.530.050.970.4
-0.370.62-0.420.04-0.380.250.13-0.45-0.040.470.45-0.41-0.10.230.41-0.080.04-0.060.34-0.420.620.53-0.210.610.34
-0.27-0.160.620.65-0.33-0.71-0.52-0.280.51-0.510.09-0.27-0.13-0.58-0.120.160.330.850.45-0.24-0.160.05-0.21-0.12-0.56
-0.811.0-0.53-0.32-0.78-0.090.12-0.840.020.420.91-0.79-0.590.30.9-0.41-0.27-0.010.33-0.851.00.970.61-0.120.48
-0.270.5-0.32-0.35-0.210.180.88-0.16-0.830.10.26-0.2-0.10.980.230.11-0.52-0.390.02-0.240.50.40.34-0.560.48
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United Guardian Account Relationship Matchups

United Guardian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M11.9M12.2M10.6M13.4M12.2M
Other Current Liab1.3M1.4M1.7M1.3M1.4M989.0K
Total Current Liabilities1.3M1.4M2.3M1.4M1.5M1.5M
Total Stockholder Equity10.6M10.4M9.8M9.3M11.4M10.2M
Property Plant And Equipment Net780.7K673.7K658.9K559.2K619.2K895.3K
Net Debt(1.0M)(591.4K)(531.2K)(830.5K)(8.2M)(7.8M)
Retained Earnings10.2M9.9M9.4M8.8M10.9M7.5M
Cash1.0M591.4K531.2K830.5K8.2M8.7M
Non Current Assets Total795.5K673.7K658.9K669.7K1.1M1.1M
Non Currrent Assets Other14.8K(151.7K)(83.2K)(1.0)(0.9)(0.85)
Cash And Short Term Investments7.9M8.2M8.2M6.5M9.1M7.2M
Net Receivables2.1M1.4M1.8M1.4M1.6M1.3M
Liabilities And Stockholders Equity12.4M11.9M12.2M10.6M13.4M12.2M
Non Current Liabilities Total386.9K151.7K83.2K30.4K435.7K306.6K
Inventory1.2M1.4M1.4M1.7M1.2M1.2M
Other Current Assets170.5K161.2K192.6K201.8K367.9K285.7K
Other Stockholder Equity6.7M6.4M0.09.8M8.8M9.3M
Total Liab1.7M1.6M2.4M1.4M2.0M1.4M
Total Current Assets11.6M11.2M11.6M10.0M12.3M10.6M
Accounts Payable71.4K31.8K410.9K30.4K134.4K204.9K
Property Plant And Equipment Gross780.7K7.4M7.5M7.5M7.7M8.1M
Short Term Investments6.9M7.6M7.6M5.7M851.3K808.8K
Other Assets59.5K29.6K14.8K110.5K1.00.95
Property Plant Equipment780.7K673.7K658.9K559.2K503.2K803.6K
Other Liab253.6K386.9K151.7K83.2K74.9K71.2K
Net Tangible Assets10.6M10.4M9.8M9.3M8.3M9.8M
Retained Earnings Total Equity10.5M10.5M10.2M9.9M8.9M9.7M
Deferred Long Term Liab33.9K253.6K386.9K151.7K174.4K203.6K
Net Invested Capital10.6M10.4M9.8M9.3M11.4M8.4M
Net Working Capital10.2M9.8M9.2M8.6M10.7M7.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Guardian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Guardian's short interest history, or implied volatility extrapolated from United Guardian options trading.

Also Currently Popular

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 United Guardian is a strong investment it is important to analyze United Guardian'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 United Guardian's future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.
Note that the United Guardian information on this page should be used as a complementary analysis to other United Guardian'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running United Guardian's price analysis, check to measure United Guardian'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 United Guardian is operating at the current time. Most of United Guardian's value examination focuses on studying past and present price action to predict the probability of United Guardian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Guardian's price. Additionally, you may evaluate how the addition of United Guardian to your portfolios can decrease your overall portfolio volatility.
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Is United Guardian'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 United Guardian. If investors know United 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 United Guardian 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
0.086
Dividend Share
0.35
Earnings Share
0.56
Revenue Per Share
2.369
Quarterly Revenue Growth
(0.06)
The market value of United Guardian is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian'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 United Guardian's market value can be influenced by many factors that don't directly affect United Guardian'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 United Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian'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.