Universal Accounts Payable vs Short Long Term Debt Analysis
USAP Stock | USD 32.14 0.75 2.39% |
Universal Stainless financial indicator trend analysis is much more than just breaking down Universal Stainless Alloy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Stainless Alloy is a good investment. Please check the relationship between Universal Stainless Accounts Payable and its Short Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Stainless Alloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Accounts Payable vs Short Long Term Debt
Accounts Payable vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Stainless Alloy Accounts Payable account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Universal Stainless' Accounts Payable and Short Long Term Debt is -0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Universal Stainless Alloy, assuming nothing else is changed. The correlation between historical values of Universal Stainless' Accounts Payable and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Universal Stainless Alloy are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Accounts Payable i.e., Universal Stainless' Accounts Payable and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Universal Stainless obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Universal Stainless Alloy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Most indicators from Universal Stainless' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Stainless Alloy 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 Stainless Alloy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Universal Stainless' Tax Provision is relatively stable compared to the past year. As of 06/06/2024, Enterprise Value Over EBITDA is likely to grow to 14.26, while Enterprise Value is likely to drop slightly above 140.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.2M | 21.2M | 27.1M | 14.3M | Cost Of Revenue | 148.0M | 187.9M | 245.1M | 148.6M |
Universal Stainless fundamental ratios Correlations
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Universal Stainless Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Stainless fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 368.4M | 303.0M | 330.6M | 363.3M | 356.7M | 226.6M | |
Short Long Term Debt Total | 64.3M | 50.2M | 69.2M | 98.4M | 85.8M | 43.3M | |
Other Current Liab | 830K | 2.7M | 943K | 3.9M | 7.2M | 7.5M | |
Total Current Liabilities | 50.1M | 33.9M | 31.6M | 45.5M | 45.9M | 26.2M | |
Total Stockholder Equity | 243.1M | 225.7M | 226.3M | 219.8M | 226.0M | 145.2M | |
Property Plant And Equipment Net | 176.1M | 165.0M | 159.2M | 163.5M | 159.8M | 111.0M | |
Net Debt | 64.2M | 50.0M | 69.1M | 96.4M | 85.4M | 89.7M | |
Retained Earnings | 150.5M | 131.4M | 130.7M | 122.6M | 127.5M | 94.3M | |
Accounts Payable | 40.9M | 12.6M | 24M | 38.2M | 34.9M | 18.1M | |
Cash | 170K | 164K | 118K | 2.0M | 394K | 374.3K | |
Non Current Assets Total | 176.9M | 165.9M | 160.1M | 165.8M | 160.9M | 115.2M | |
Non Currrent Assets Other | (10.1M) | (4.8M) | (1.6M) | 2.1M | (16.1M) | (15.3M) | |
Cash And Short Term Investments | 170K | 164K | 118K | 2.0M | 394K | 374.3K | |
Net Receivables | 35.6M | 18.1M | 21.2M | 31.0M | 39.0M | 24.0M | |
Common Stock Shares Outstanding | 8.9M | 8.8M | 8.9M | 9.0M | 9.3M | 7.6M | |
Liabilities And Stockholders Equity | 368.4M | 303.0M | 330.6M | 363.3M | 356.7M | 226.6M | |
Non Current Liabilities Total | 75.1M | 43.5M | 72.7M | 98.1M | 84.7M | 55.2M | |
Inventory | 147.4M | 111.4M | 140.7M | 154.2M | 144.7M | 74.6M | |
Other Current Assets | 8.3M | 7.5M | 8.6M | 10.4M | 11.7M | 12.3M | |
Other Stockholder Equity | 92.7M | 94.3M | 95.6M | 97.0M | 98.6M | 70.2M | |
Total Liab | 125.3M | 77.4M | 104.3M | 143.6M | 130.6M | 81.4M | |
Property Plant And Equipment Gross | 176.1M | 165.0M | 367.3M | 389.2M | 402.6M | 422.7M | |
Total Current Assets | 191.5M | 137.1M | 170.6M | 197.6M | 195.8M | 111.5M | |
Accumulated Other Comprehensive Income | (31K) | (45K) | 40K | 133K | (123K) | (129.2K) | |
Short Term Debt | 3.9M | 16.7M | 2.4M | 3.4M | 3.9M | 3.4M | |
Other Assets | 271K | 947K | 909K | 1.8M | 2.0M | 1.1M | |
Long Term Debt | 59.9M | 33.5M | 66.9M | 95.0M | 81.8M | 48.4M | |
Property Plant Equipment | 176.1M | 165.0M | 159.2M | 163.5M | 188.0M | 131.1M | |
Current Deferred Revenue | 7.9M | 4.4M | 1.8M | 4.3M | 4.9M | 4.2M | |
Other Liab | 14.3M | 10.0M | 5.8M | 2.8M | 3.3M | 3.1M | |
Net Tangible Assets | 243.1M | 225.7M | 226.3M | 219.8M | 252.7M | 223.1M | |
Retained Earnings Total Equity | 150.5M | 131.4M | 130.7M | 122.6M | 141.0M | 139.4M | |
Long Term Debt Total | 60.4M | 33.5M | 66.9M | 95.0M | 85.5M | 57.9M | |
Capital Surpluse | 95.0M | 94.3M | 95.6M | 97.0M | 111.6M | 78.9M | |
Deferred Long Term Liab | 11.5M | 11.0M | 5.7M | 2.5M | 2.2M | 2.1M | |
Short Long Term Debt | 3.4M | 16.7M | 2.4M | 3.4M | 3.7M | 5.2M | |
Non Current Liabilities Other | 2.8M | 3.8M | 4.3M | 3.4M | 3.1M | 2.2M |
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