Universal Capex To Depreciation from 2010 to 2024

UEIC Stock  USD 11.44  0.12  1.06%   
Universal Electronics' Capex To Depreciation is decreasing over the years with slightly volatile fluctuation. Capex To Depreciation is expected to dwindle to 0.58. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
0.6052689
Current Value
0.58
Quarterly Volatility
0.60872894
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Electronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Electronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.8 M, Interest Expense of 4.5 M or Total Revenue of 353.9 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 1.0E-4 or PTB Ratio of 0.64. Universal financial statements analysis is a perfect complement when working with Universal Electronics Valuation or Volatility modules.
  
Check out the analysis of Universal Electronics Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

Latest Universal Electronics' Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of Universal Electronics over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Universal Electronics' Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Electronics' overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Slightly volatile
   Capex To Depreciation   
       Timeline  

Universal Capex To Depreciation Regression Statistics

Arithmetic Mean1.03
Geometric Mean0.92
Coefficient Of Variation58.92
Mean Deviation0.44
Median0.78
Standard Deviation0.61
Sample Variance0.37
Range2.22
R-Value(0.51)
Mean Square Error0.29
R-Squared0.26
Significance0.05
Slope(0.07)
Total Sum of Squares5.19

Universal Capex To Depreciation History

2024 0.58
2023 0.61
2022 0.86
2020 0.78
2019 0.75
2018 0.67
2017 1.35

About Universal Electronics Financial Statements

Universal Electronics stakeholders use historical fundamental indicators, such as Universal Electronics' Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although Universal Electronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Electronics' assets and liabilities are reflected in the revenues and expenses on Universal Electronics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Electronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 0.61  0.58 

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When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:
Check out the analysis of Universal Electronics Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
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Is Consumer Electronics space 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 Electronics. 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 Electronics 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
(0.42)
Earnings Share
(2.05)
Revenue Per Share
29.552
Quarterly Revenue Growth
(0.05)
Return On Assets
(0)
The market value of Universal Electronics 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 Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' 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 Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' 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 Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.