Universal Capital Expenditures vs Sale Purchase Of Stock Analysis

0LJL Stock   203.28  0.46  0.23%   
Universal Health financial indicator trend analysis is much more than just breaking down Universal Health Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Health Services is a good investment. Please check the relationship between Universal Health Capital Expenditures and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Universal Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Sale Purchase Of Stock

Capital Expenditures vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Services Capital Expenditures account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Universal Health's Capital Expenditures and Sale Purchase Of Stock is -0.3. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Universal Health Services, assuming nothing else is changed. The correlation between historical values of Universal Health's Capital Expenditures and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Universal Health Services are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Capital Expenditures i.e., Universal Health's Capital Expenditures and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Universal Health Services to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Universal Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Sale Purchase Of Stock

Most indicators from Universal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Health Services 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Universal Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 7.6 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense83.7M126.9M207.2M217.6M
Depreciation And Amortization533.2M581.9M568.0M596.4M

Universal Health fundamental ratios Correlations

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0.960.930.830.880.950.970.890.120.960.260.120.96-0.940.990.930.58-0.940.990.870.47-0.080.890.370.77-0.07
0.980.930.940.980.990.850.980.290.980.420.290.97-0.90.90.980.44-0.980.960.930.57-0.190.970.240.78-0.16
0.940.830.940.950.930.70.950.530.920.470.530.9-0.830.790.930.26-0.920.90.960.79-0.090.940.170.73-0.09
0.980.880.980.950.970.791.00.360.970.530.360.95-0.860.840.950.32-0.970.920.930.64-0.090.970.220.81-0.24
0.990.950.990.930.970.890.970.260.980.350.260.98-0.930.920.990.46-0.990.970.930.57-0.170.980.190.75-0.08
0.880.970.850.70.790.890.81-0.120.90.18-0.120.91-0.890.960.860.61-0.880.920.730.34-0.040.820.370.71-0.13
0.980.890.980.951.00.970.810.340.980.50.340.95-0.870.850.960.33-0.970.930.930.63-0.090.970.220.8-0.23
0.310.120.290.530.360.26-0.120.340.240.361.00.21-0.230.120.3-0.11-0.230.270.550.52-0.150.3-0.020.230.25
1.00.960.980.920.970.980.90.980.240.450.240.97-0.930.940.960.48-0.980.980.920.56-0.070.960.350.84-0.18
0.430.260.420.470.530.350.180.50.360.450.360.26-0.310.220.29-0.16-0.330.310.330.380.210.40.450.71-0.49
0.310.120.290.530.360.26-0.120.341.00.240.360.21-0.230.120.3-0.11-0.230.270.550.52-0.150.3-0.020.230.25
0.980.960.970.90.950.980.910.950.210.970.260.21-0.910.930.970.49-0.980.970.930.57-0.110.950.220.72-0.14
-0.93-0.94-0.9-0.83-0.86-0.93-0.89-0.87-0.23-0.93-0.31-0.23-0.91-0.94-0.91-0.580.92-0.95-0.87-0.450.16-0.87-0.32-0.840.0
0.930.990.90.790.840.920.960.850.120.940.220.120.93-0.940.90.68-0.90.980.860.36-0.110.850.420.75-0.02
0.970.930.980.930.950.990.860.960.30.960.290.30.97-0.910.90.46-0.990.960.940.57-0.220.980.10.7-0.02
0.480.580.440.260.320.460.610.33-0.110.48-0.16-0.110.49-0.580.680.46-0.430.570.44-0.17-0.230.350.460.350.17
-0.98-0.94-0.98-0.92-0.97-0.99-0.88-0.97-0.23-0.98-0.33-0.23-0.980.92-0.9-0.99-0.43-0.95-0.92-0.570.16-0.98-0.14-0.750.12
0.980.990.960.90.920.970.920.930.270.980.310.270.97-0.950.980.960.57-0.950.930.52-0.110.930.350.78-0.04
0.950.870.930.960.930.930.730.930.550.920.330.550.93-0.870.860.940.44-0.920.930.64-0.180.920.20.690.01
0.580.470.570.790.640.570.340.630.520.560.380.520.57-0.450.360.57-0.17-0.570.520.640.180.60.00.43-0.11
-0.1-0.08-0.19-0.09-0.09-0.17-0.04-0.09-0.15-0.070.21-0.15-0.110.16-0.11-0.22-0.230.16-0.11-0.180.18-0.110.360.17-0.44
0.960.890.970.940.970.980.820.970.30.960.40.30.95-0.870.850.980.35-0.980.930.920.6-0.110.10.74-0.15
0.320.370.240.170.220.190.370.22-0.020.350.45-0.020.22-0.320.420.10.46-0.140.350.20.00.360.10.59-0.3
0.820.770.780.730.810.750.710.80.230.840.710.230.72-0.840.750.70.35-0.750.780.690.430.170.740.59-0.36
-0.14-0.07-0.16-0.09-0.24-0.08-0.13-0.230.25-0.18-0.490.25-0.140.0-0.02-0.020.170.12-0.040.01-0.11-0.44-0.15-0.3-0.36
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Universal Health Account Relationship Matchups

Universal Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7B13.5B13.1B13.5B14.0B14.7B
Short Long Term Debt Total4.3B4.2B4.6B5.3B5.4B5.6B
Other Current Liab913.5M1.0B1.1B1.1B1.1B1.2B
Total Current Liabilities1.6B2.5B2.0B1.9B2.0B2.1B
Total Stockholder Equity5.5B6.3B6.1B5.9B6.1B6.5B
Property Plant And Equipment Net5.3B5.7B6.2B6.4B6.6B6.9B
Net Debt4.2B3.0B4.4B5.2B5.2B5.5B
Retained Earnings5.9B6.7B6.6B6.5B6.8B7.1B
Cash61.3M1.2B115.3M102.8M119.4M68.3M
Non Current Assets Total9.8B10.2B10.8B11.0B11.2B11.7B
Non Currrent Assets Other516.8M575.0M573.4M305.5M271.3M228.7M
Cash And Short Term Investments61.3M1.2B115.3M102.8M119.4M68.3M
Net Receivables1.6B1.7B1.7B2.0B2.2B2.4B
Common Stock Shares Outstanding89.0M85.6M83.7M73.8M70.1M88.5M
Liabilities And Stockholders Equity11.7B13.5B13.1B13.5B14.0B14.7B
Non Current Liabilities Total4.5B4.6B4.9B5.6B5.8B6.0B
Inventory159.9M190.4M206.8M218.5M217.0M227.8M
Other Current Assets133.9M138.0M194.8M198.3M236.7M248.5M
Other Stockholder Equity(462.2M)(479.5M)(545.5M)(604.1M)(659.9M)(626.9M)
Total Liab6.1B7.1B6.9B7.5B7.8B8.2B
Total Current Assets1.9B3.3B2.3B2.5B2.8B3.0B
Short Term Debt200.4M451.6M177.4M217.0M269.9M283.4M
Intangible Assets83.7M82.6M81.0M78.1M77.0M73.2M
Accounts Payable447.0M570.5M658.9M636.6M614.0M644.7M
Accumulated Other Comprehensive Income31.9M48.1M30.3M(9.7M)9.3M9.8M
Common Stock867K851K771K710K672K817.0K
Good Will3.9B3.9B4.0B3.9B3.9B2.7B
Current Deferred Revenue2.5M376.2M6K2.4M5.4M5.6M
Other Assets316.4M363.0M361.1M393.8M452.9M375.1M
Other Liab355.0M786.7M464.8M487.7M560.8M525.6M
Net Tangible Assets1.6B2.4B2.0B1.9B2.2B1.9B
Deferred Long Term Liab6.4M5.0M6.5M6.3M5.6M5.7M
Property Plant Equipment5.3B5.7B6.2B6.4B7.3B6.1B

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