Universal Common Stock vs Total Assets 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 Common Stock and its Total Assets 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.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Stainless Alloy Common Stock account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Universal Stainless' Common Stock and Total Assets is 0.42. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets 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' Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Universal Stainless Alloy are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Universal Stainless' Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Common Stock

Total Assets

Total assets refers to the total amount of Universal Stainless assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Universal Stainless Alloy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

Total Operating Expenses Cost Of Revenue

Universal Stainless fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.84	-0.09	0.63	0.92	0.93	0.74	0.96	0.57	-0.41	0.91	0.08	-0.41	0.78	0.81	0.73	0.79	0.24	0.57	0.88	0.4	0.87	0.15	0.35	0.76	0.43
Short Long Term Debt Total	0.84		-0.16	0.25	0.62	0.83	0.9	0.77	0.27	-0.52	0.86	0.24	-0.52	0.59	0.52	0.92	0.5	0.07	0.5	0.93	0.38	0.62	-0.09	0.53	0.98	0.1
Other Current Liab	-0.09	-0.16		0.23	0.01	-0.29	0.11	-0.2	0.21	0.14	-0.32	-0.36	0.14	0.27	0.29	-0.3	0.17	0.76	-0.1	-0.21	0.67	0.19	0.12	0.19	-0.14	0.55
Total Current Liabilities	0.63	0.25	0.23		0.71	0.41	0.19	0.54	0.96	0.11	0.34	-0.14	0.11	0.8	0.7	0.06	0.81	0.4	0.05	0.38	0.3	0.82	0.23	-0.08	0.17	0.71
Total Stockholder Equity	0.92	0.62	0.01	0.71		0.83	0.54	0.91	0.62	-0.35	0.76	-0.12	-0.35	0.69	0.94	0.43	0.91	0.42	0.58	0.63	0.45	0.9	0.36	0.17	0.51	0.67
Property Plant And Equipment Net	0.93	0.83	-0.29	0.41	0.83		0.72	0.97	0.33	-0.51	0.98	0.0	-0.51	0.56	0.65	0.77	0.58	-0.01	0.66	0.85	0.21	0.64	0.18	0.27	0.75	0.19
Net Debt	0.74	0.9	0.11	0.19	0.54	0.72		0.69	0.2	-0.61	0.76	0.1	-0.61	0.58	0.54	0.84	0.41	0.29	0.45	0.84	0.6	0.55	-0.11	0.52	0.91	0.11
Retained Earnings	0.96	0.77	-0.2	0.54	0.91	0.97	0.69		0.46	-0.49	0.95	-0.01	-0.49	0.65	0.76	0.7	0.69	0.12	0.63	0.82	0.28	0.75	0.23	0.26	0.68	0.33
Accounts Payable	0.57	0.27	0.21	0.96	0.62	0.33	0.2	0.46		0.18	0.27	-0.12	0.18	0.8	0.61	0.09	0.78	0.38	0.01	0.39	0.33	0.8	-0.03	-0.08	0.23	0.65
Cash	-0.41	-0.52	0.14	0.11	-0.35	-0.51	-0.61	-0.49	0.18		-0.52	0.11	1.0	-0.16	-0.35	-0.48	-0.15	-0.18	-0.33	-0.41	-0.26	-0.19	-0.23	-0.1	-0.48	-0.03
Non Current Assets Total	0.91	0.86	-0.32	0.34	0.76	0.98	0.76	0.95	0.27	-0.52		0.13	-0.52	0.56	0.57	0.85	0.49	-0.08	0.63	0.9	0.17	0.59	0.12	0.37	0.79	0.07
Non Currrent Assets Other	0.08	0.24	-0.36	-0.14	-0.12	0.0	0.1	-0.01	-0.12	0.11	0.13		0.11	0.03	-0.22	0.38	-0.14	-0.29	-0.11	0.31	-0.19	0.01	-0.13	0.58	0.26	-0.4
Cash And Short Term Investments	-0.41	-0.52	0.14	0.11	-0.35	-0.51	-0.61	-0.49	0.18	1.0	-0.52	0.11		-0.16	-0.35	-0.48	-0.15	-0.18	-0.33	-0.41	-0.26	-0.19	-0.23	-0.1	-0.48	-0.03
Net Receivables	0.78	0.59	0.27	0.8	0.69	0.56	0.58	0.65	0.8	-0.16	0.56	0.03	-0.16		0.68	0.51	0.7	0.38	0.19	0.73	0.45	0.86	-0.03	0.29	0.57	0.52
Common Stock Shares Outstanding	0.81	0.52	0.29	0.7	0.94	0.65	0.54	0.76	0.61	-0.35	0.57	-0.22	-0.35	0.68		0.27	0.93	0.68	0.46	0.48	0.67	0.91	0.41	0.14	0.42	0.83
Non Current Liabilities Total	0.73	0.92	-0.3	0.06	0.43	0.77	0.84	0.7	0.09	-0.48	0.85	0.38	-0.48	0.51	0.27		0.21	-0.19	0.44	0.95	0.17	0.4	-0.24	0.59	0.93	-0.22
Inventory	0.79	0.5	0.17	0.81	0.91	0.58	0.41	0.69	0.78	-0.15	0.49	-0.14	-0.15	0.7	0.93	0.21		0.59	0.39	0.46	0.57	0.96	0.24	0.09	0.41	0.83
Other Current Assets	0.24	0.07	0.76	0.4	0.42	-0.01	0.29	0.12	0.38	-0.18	-0.08	-0.29	-0.18	0.38	0.68	-0.19	0.59		0.12	-0.05	0.85	0.55	0.24	0.14	0.06	0.8
Other Stockholder Equity	0.57	0.5	-0.1	0.05	0.58	0.66	0.45	0.63	0.01	-0.33	0.63	-0.11	-0.33	0.19	0.46	0.44	0.39	0.12		0.43	0.28	0.36	0.08	0.31	0.46	0.11
Total Liab	0.88	0.93	-0.21	0.38	0.63	0.85	0.84	0.82	0.39	-0.41	0.9	0.31	-0.41	0.73	0.48	0.95	0.46	-0.05	0.43		0.25	0.64	-0.15	0.52	0.92	0.03
Property Plant And Equipment Gross	0.4	0.38	0.67	0.3	0.45	0.21	0.6	0.28	0.33	-0.26	0.17	-0.19	-0.26	0.45	0.67	0.17	0.57	0.85	0.28	0.25		0.58	-0.04	0.32	0.41	0.62
Total Current Assets	0.87	0.62	0.19	0.82	0.9	0.64	0.55	0.75	0.8	-0.19	0.59	0.01	-0.19	0.86	0.91	0.4	0.96	0.55	0.36	0.64	0.58		0.16	0.25	0.55	0.75
Short Term Debt	0.15	-0.09	0.12	0.23	0.36	0.18	-0.11	0.23	-0.03	-0.23	0.12	-0.13	-0.23	-0.03	0.41	-0.24	0.24	0.24	0.08	-0.15	-0.04	0.16		-0.14	-0.27	0.4
Other Assets	0.35	0.53	0.19	-0.08	0.17	0.27	0.52	0.26	-0.08	-0.1	0.37	0.58	-0.1	0.29	0.14	0.59	0.09	0.14	0.31	0.52	0.32	0.25	-0.14		0.57	-0.05
Long Term Debt	0.76	0.98	-0.14	0.17	0.51	0.75	0.91	0.68	0.23	-0.48	0.79	0.26	-0.48	0.57	0.42	0.93	0.41	0.06	0.46	0.92	0.41	0.55	-0.27	0.57		0.01
Common Stock Total Equity	0.43	0.1	0.55	0.71	0.67	0.19	0.11	0.33	0.65	-0.03	0.07	-0.4	-0.03	0.52	0.83	-0.22	0.83	0.8	0.11	0.03	0.62	0.75	0.4	-0.05	0.01

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Universal Stainless Account Relationship Matchups

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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Universal Common Stock vs Total Assets Analysis

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Assets

Universal Stainless fundamental ratios Correlations

Universal Stainless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Stainless fundamental ratios Accounts

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Additional Tools for Universal Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Retained Earnings	+ 0.97	Property Plant And Equipment Net
Retained Earnings	+ 0.96	Total Assets
Accounts Payable	+ 0.96	Total Current Liabilities

Cash And Short Term Investments	- 0.61	Net Debt
Cash	- 0.61	Net Debt
Cash And Short Term Investments	- 0.52	Non Current Assets Total
Non Current Assets Total	- 0.52	Cash
Cash And Short Term Investments	- 0.52	Short Long Term Debt Total
Cash	- 0.52	Short Long Term Debt Total