Universal Total Stockholder Equity vs Total Current Assets Analysis

USAP Stock

USD 32.83 0.80 2.38%

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 Total Stockholder Equity and its Total Current 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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Stainless Alloy Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Universal Stainless' Total Stockholder Equity and Total Current Assets is 0.9. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current 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' Total Stockholder Equity and Total Current 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 Total Stockholder Equity of Universal Stainless Alloy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Universal Stainless' Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

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 tightly coupled 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 05/31/2024, 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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When determining whether Universal Stainless Alloy 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 Universal 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 Universal Stainless Alloy Stock. Highlighted below are key reports to facilitate an investment decision about Universal Stainless Alloy Stock:

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Is Universal Stock a good investment?

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What is Universal Stainless' Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in nation.

Note that the Universal Stainless Alloy information on this page should be used as a complementary analysis to other Universal Stainless' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Universal Stainless' price analysis, check to measure Universal Stainless' 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 Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.

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Is Universal Stainless' 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 Universal Stainless. If investors know Universal 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 Universal Stainless 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

(0.80)

Earnings Share

1.02

Revenue Per Share

32.648

Quarterly Revenue Growth

0.179

Return On Assets

0.0342

The market value of Universal Stainless Alloy is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Stainless' value that differs from its market value or its book value, called intrinsic value, which is Universal Stainless' 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 Universal Stainless' market value can be influenced by many factors that don't directly affect Universal Stainless' 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 Universal Stainless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Stainless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Stainless' 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.

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Universal Total Stockholder Equity vs Total Current Assets Analysis

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Assets

Universal Stainless fundamental ratios Correlations

Universal Stainless Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Stainless fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Universal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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