Universal Other Current Assets from 2010 to 2024

UUU Stock  USD 2.19  0.02  0.92%   
Universal Security Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets will likely drop to about 215.4 K in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1986-03-31
Previous Quarter
132.2 K
Current Value
152.4 K
Quarterly Volatility
1.2 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Security's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.5 K, Interest Expense of 147.9 K or Total Revenue of 15.1 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.68. Universal financial statements analysis is a perfect complement when working with Universal Security Valuation or Volatility modules.
  
Check out the analysis of Universal Security Correlation against competitors.

Latest Universal Security's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Universal Security Instruments over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Universal Security's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Security's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Universal Other Current Assets Regression Statistics

Arithmetic Mean364,717
Geometric Mean323,110
Coefficient Of Variation45.59
Mean Deviation142,984
Median406,012
Standard Deviation166,264
Sample Variance27.6B
Range486.7K
R-Value(0.68)
Mean Square Error16B
R-Squared0.46
Significance0.01
Slope(25,321)
Total Sum of Squares387B

Universal Other Current Assets History

2024215.4 K
2023226.7 K
2022165.4 K
2021544.7 K
2020336.7 K
2019113.1 K
2018145.2 K

About Universal Security Financial Statements

Universal Security shareholders use historical fundamental indicators, such as Other Current Assets, to determine how well the company is positioned to perform in the future. Although Universal Security investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Security's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Security's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets226.7 K215.4 K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Universal Stock Analysis

When running Universal Security's price analysis, check to measure Universal Security'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 Security is operating at the current time. Most of Universal Security's value examination focuses on studying past and present price action to predict the probability of Universal Security'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 Security's price. Additionally, you may evaluate how the addition of Universal Security to your portfolios can decrease your overall portfolio volatility.