Universal Net Working Capital vs Long Term Investments Analysis

UVV Stock

USD 54.07 0.26 0.48%

Universal financial indicator trend analysis is much more than just breaking down Universal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal is a good investment. Please check the relationship between Universal Net Working Capital and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Universal Stock please use our How to Invest in Universal guide.

Net Working Capital vs Long Term Investments

Net Working Capital vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Net Working Capital account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Universal's Net Working Capital and Long Term Investments is 0.47. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Universal, assuming nothing else is changed. The correlation between historical values of Universal's Net Working Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Universal are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Working Capital i.e., Universal's Net Working Capital and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Working Capital

Long Term Investments

Long Term Investments is an item on the asset side of Universal balance sheet that represents investments Universal intends to hold for over a year. Universal long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Universal Stock please use our How to Invest in Universal guide.Selling General Administrative is likely to drop to about 223 M in 2024. Tax Provision is likely to drop to about 10 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	408.9M	458.3M	412.5M	438.6M
Total Revenue	2.1B	2.6B	2.3B	2.1B

Gross Profit Total Revenue

Universal 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	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	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.86	0.03	0.55	0.91	0.95	0.62	0.89	0.12	0.82	-0.85	0.12	0.87	-0.78	0.86	0.95	0.71	-0.13	0.87	0.59	0.98	0.47	0.44	-0.2	0.74	0.74
Short Long Term Debt Total	0.86		0.22	0.56	0.65	0.87	0.89	0.7	-0.22	0.93	-0.61	-0.22	0.56	-0.7	0.91	0.92	0.53	-0.16	0.9	0.74	0.76	0.54	0.31	-0.22	0.72	0.71
Other Current Liab	0.03	0.22		0.16	-0.2	-0.05	0.3	-0.25	-0.26	0.12	0.19	-0.26	-0.11	0.16	0.27	0.04	0.3	-0.08	0.3	0.23	-0.01	0.25	0.15	-0.69	-0.2	-0.2
Total Current Liabilities	0.55	0.56	0.16		0.3	0.41	0.43	0.21	-0.01	0.44	-0.35	-0.01	0.44	-0.25	0.28	0.49	0.78	-0.09	0.73	0.51	0.54	0.96	0.5	0.15	0.12	0.11
Total Stockholder Equity	0.91	0.65	-0.2	0.3		0.83	0.36	0.97	0.36	0.6	-0.88	0.36	0.89	-0.67	0.7	0.83	0.59	-0.02	0.58	0.26	0.94	0.18	0.34	-0.08	0.71	0.72
Property Plant And Equipment Net	0.95	0.87	-0.05	0.41	0.83		0.7	0.87	-0.04	0.88	-0.82	-0.04	0.77	-0.9	0.91	0.96	0.5	-0.18	0.85	0.67	0.88	0.35	0.34	-0.26	0.84	0.83
Net Debt	0.62	0.89	0.3	0.43	0.36	0.7		0.46	-0.64	0.92	-0.27	-0.64	0.26	-0.56	0.79	0.79	0.32	-0.29	0.79	0.83	0.45	0.46	0.14	-0.19	0.61	0.6
Retained Earnings	0.89	0.7	-0.25	0.21	0.97	0.87	0.46		0.23	0.68	-0.87	0.23	0.81	-0.77	0.76	0.87	0.45	-0.12	0.58	0.33	0.89	0.1	0.18	-0.07	0.85	0.86
Cash	0.12	-0.22	-0.26	-0.01	0.36	-0.04	-0.64	0.23		-0.39	-0.45	1.0	0.37	0.05	-0.16	-0.13	0.2	0.37	-0.19	-0.56	0.31	-0.11	0.18	0.05	-0.08	-0.07
Non Current Assets Total	0.82	0.93	0.12	0.44	0.6	0.88	0.92	0.68	-0.39		-0.49	-0.39	0.5	-0.74	0.9	0.91	0.4	-0.18	0.87	0.81	0.67	0.45	0.27	-0.18	0.74	0.74
Non Currrent Assets Other	-0.85	-0.61	0.19	-0.35	-0.88	-0.82	-0.27	-0.87	-0.45	-0.49		-0.45	-0.84	0.77	-0.67	-0.75	-0.57	0.11	-0.6	-0.25	-0.9	-0.22	-0.29	0.16	-0.73	-0.72
Cash And Short Term Investments	0.12	-0.22	-0.26	-0.01	0.36	-0.04	-0.64	0.23	1.0	-0.39	-0.45		0.37	0.05	-0.16	-0.13	0.2	0.37	-0.19	-0.56	0.31	-0.11	0.18	0.05	-0.08	-0.07
Net Receivables	0.87	0.56	-0.11	0.44	0.89	0.77	0.26	0.81	0.37	0.5	-0.84	0.37		-0.66	0.6	0.73	0.72	-0.07	0.64	0.35	0.93	0.33	0.54	-0.19	0.53	0.53
Common Stock Shares Outstanding	-0.78	-0.7	0.16	-0.25	-0.67	-0.9	-0.56	-0.77	0.05	-0.74	0.77	0.05	-0.66		-0.78	-0.81	-0.3	0.38	-0.71	-0.65	-0.72	-0.2	-0.18	0.23	-0.91	-0.89
Non Current Liabilities Total	0.86	0.91	0.27	0.28	0.7	0.91	0.79	0.76	-0.16	0.9	-0.67	-0.16	0.6	-0.78		0.9	0.43	-0.15	0.84	0.67	0.76	0.26	0.28	-0.47	0.77	0.77
Inventory	0.95	0.92	0.04	0.49	0.83	0.96	0.79	0.87	-0.13	0.91	-0.75	-0.13	0.73	-0.81	0.9		0.57	-0.28	0.87	0.71	0.88	0.43	0.3	-0.17	0.82	0.82
Other Current Assets	0.71	0.53	0.3	0.78	0.59	0.5	0.32	0.45	0.2	0.4	-0.57	0.2	0.72	-0.3	0.43	0.57		-0.04	0.68	0.3	0.75	0.65	0.59	-0.09	0.22	0.22
Other Stockholder Equity	-0.13	-0.16	-0.08	-0.09	-0.02	-0.18	-0.29	-0.12	0.37	-0.18	0.11	0.37	-0.07	0.38	-0.15	-0.28	-0.04		-0.21	-0.51	-0.09	-0.05	0.07	0.0	-0.37	-0.36
Total Liab	0.87	0.9	0.3	0.73	0.58	0.85	0.79	0.58	-0.19	0.87	-0.6	-0.19	0.64	-0.71	0.84	0.87	0.68	-0.21		0.83	0.79	0.71	0.48	-0.31	0.58	0.57
Property Plant And Equipment Gross	0.59	0.74	0.23	0.51	0.26	0.67	0.83	0.33	-0.56	0.81	-0.25	-0.56	0.35	-0.65	0.67	0.71	0.3	-0.51	0.83		0.45	0.55	0.3	-0.24	0.5	0.48
Total Current Assets	0.98	0.76	-0.01	0.54	0.94	0.88	0.45	0.89	0.31	0.67	-0.9	0.31	0.93	-0.72	0.76	0.88	0.75	-0.09	0.79	0.45		0.43	0.47	-0.19	0.67	0.67
Short Term Debt	0.47	0.54	0.25	0.96	0.18	0.35	0.46	0.1	-0.11	0.45	-0.22	-0.11	0.33	-0.2	0.26	0.43	0.65	-0.05	0.71	0.55	0.43		0.42	0.05	0.06	0.05
Intangible Assets	0.44	0.31	0.15	0.5	0.34	0.34	0.14	0.18	0.18	0.27	-0.29	0.18	0.54	-0.18	0.28	0.3	0.59	0.07	0.48	0.3	0.47	0.42		-0.07	-0.03	-0.04
Accounts Payable	-0.2	-0.22	-0.69	0.15	-0.08	-0.26	-0.19	-0.07	0.05	-0.18	0.16	0.05	-0.19	0.23	-0.47	-0.17	-0.09	0.0	-0.31	-0.24	-0.19	0.05	-0.07		-0.08	-0.07
Common Stock Total Equity	0.74	0.72	-0.2	0.12	0.71	0.84	0.61	0.85	-0.08	0.74	-0.73	-0.08	0.53	-0.91	0.77	0.82	0.22	-0.37	0.58	0.5	0.67	0.06	-0.03	-0.08		1.0
Common Stock	0.74	0.71	-0.2	0.11	0.72	0.83	0.6	0.86	-0.07	0.74	-0.72	-0.07	0.53	-0.89	0.77	0.82	0.22	-0.36	0.57	0.48	0.67	0.05	-0.04	-0.07	1.0

Click cells to compare fundamentals

Universal Account Relationship Matchups

Universal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.3B	2.6B	2.6B	3.0B	2.1B
Short Long Term Debt Total	482.5M	647.1M	741.1M	849.3M	764.4M	511.6M
Other Current Liab	29.0M	34.4M	34.7M	142.9M	128.6M	83.5M
Total Current Liabilities	267.4M	293.2M	518.7M	442.0M	397.8M	474.0M
Total Stockholder Equity	1.2B	1.3B	1.3B	1.4B	1.6B	918.3M
Property Plant And Equipment Net	354.4M	380.7M	385.4M	391.7M	450.4M	353.6M
Net Debt	375.1M	449.9M	659.5M	784.6M	706.2M	394.8M
Retained Earnings	1.1B	1.1B	1.1B	1.1B	1.3B	741.5M
Cash	107.4M	197.2M	81.6M	64.7M	74.4M	70.7M
Non Current Assets Total	641.3M	786.6M	838.3M	836.3M	961.7M	685.5M
Non Currrent Assets Other	43.7M	64.1M	53.8M	61.3M	55.2M	90.6M
Cash And Short Term Investments	107.4M	197.2M	81.6M	64.7M	74.4M	70.7M
Net Receivables	352.2M	368.1M	390.0M	414.3M	476.4M	401.2M
Common Stock Shares Outstanding	25.1M	24.8M	24.9M	24.9M	22.4M	23.7M
Liabilities And Stockholders Equity	2.1B	2.3B	2.6B	2.6B	3.0B	2.1B
Non Current Liabilities Total	564.2M	700.3M	682.9M	760.2M	874.3M	552.8M
Inventory	806.6M	786.6M	1.0B	1.0B	1.2B	721.6M
Other Current Assets	67.5M	66.8M	116.8M	99.8M	114.8M	87.6M
Other Stockholder Equity	403K	550.2M	(84.3M)	(77.1M)	(69.4M)	(65.9M)
Total Liab	831.6M	993.5M	1.2B	1.2B	1.4B	1.2B
Property Plant And Equipment Gross	354.4M	380.7M	986.3M	1.0B	1.2B	1.2B
Total Current Assets	1.5B	1.6B	1.7B	1.8B	2.1B	1.5B
Accumulated Other Comprehensive Income	(151.6M)	(107.0M)	(84.3M)	(77.1M)	(88.6M)	(93.0M)
Short Term Debt	87.9M	109.2M	192.9M	207.0M	186.3M	228.5M
Intangible Assets	17.9M	72.3M	92.6M	80.1M	92.1M	105.6M
Accounts Payable	140.3M	140.8M	277.4M	89.0M	80.1M	76.1M
Common Stock Total Equity	321.5M	326.7M	330.7M	337.2M	387.8M	233.1M
Common Stock	321.5M	326.7M	330.7M	337.2M	387.8M	221.2M
Other Liab	124.7M	132.4M	162.4M	133.5M	153.6M	164.6M
Other Assets	64.7M	76.3M	65.4M	74.4M	67.0M	92.9M
Long Term Debt	368.8M	518.2M	518.5M	616.8M	555.1M	351.1M
Good Will	126.8M	173.1M	214.0M	213.9M	246.0M	133.0M
Property Plant Equipment	315.2M	349.5M	345.1M	351.2M	316.0M	289.4M
Current Deferred Revenue	10.2M	8.8M	13.7M	3.1M	2.8M	2.6M
Net Tangible Assets	1.1B	1.1B	1.0B	1.1B	1.3B	1.2B
Noncontrolling Interest In Consolidated Entity	42.6M	41.1M	44.2M	39.9M	45.8M	39.3M
Retained Earnings Total Equity	1.1B	1.1B	1.1B	1.1B	1.3B	1.1B

Pair Trading with Universal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Universal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Universal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Universal Stock

0.91	PM	Philip Morris Intern	Pair Corr
0.83	CCU	Compania Cervecerias	Pair Corr

Moving against Universal Stock

0.7	PAVS	Paranovus Entertainment	Pair Corr
0.64	HPCO	Hempacco	Pair Corr
0.6	EL	Estee Lauder Companies Fiscal Year End 16th of August 2024	Pair Corr
0.59	ABEV	Ambev SA ADR Aggressive Push	Pair Corr
0.57	GO	Grocery Outlet Holding	Pair Corr

The ability to find closely correlated positions to Universal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Universal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Universal to buy it.

The correlation of Universal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Universal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Universal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Universal is a strong investment it is important to analyze Universal'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 Universal's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:

How To Invest In Universal

Details

Is Universal Stock a good investment?

Details

What is Universal's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Universal Stock please use our How to Invest in Universal guide.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Universal Stock analysis

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

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Is Universal'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 Universal. 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 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

0.269

Dividend Share

3.19

Earnings Share

5.32

Revenue Per Share

107.58

Quarterly Revenue Growth

0.033

The market value of Universal 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's value that differs from its market value or its book value, called intrinsic value, which is Universal'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 Universal's market value can be influenced by many factors that don't directly affect Universal'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 Universal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Universal Net Working Capital vs Long Term Investments Analysis

Net Working Capital vs Long Term Investments

Net Working Capital vs Long Term Investments Correlation Analysis

Correlation Coefficient

Net Working Capital

Long Term Investments

Universal fundamental ratios Correlations

Universal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal fundamental ratios Accounts

Pair Trading with Universal

Moving together with Universal Stock

Moving against Universal Stock

Complementary Tools for Universal Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity
Short Term Debt	+ 0.96	Total Current Liabilities
Inventory	+ 0.96	Property Plant And Equipment Net

Common Stock Total Equity	- 0.91	Common Stock Shares Outstanding
Total Current Assets	- 0.9	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.9	Property Plant And Equipment Net
Common Stock	- 0.89	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.88	Total Stockholder Equity
Non Currrent Assets Other	- 0.87	Retained Earnings