Universal Cash vs Non Current Liabilities Total Analysis
OLED Stock | USD 167.06 1.16 0.70% |
Universal Display financial indicator trend analysis is much more than just breaking down Universal Display prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Display is a good investment. Please check the relationship between Universal Display Cash and its Non Current Liabilities Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Display Cash account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Universal Display's Cash and Non Current Liabilities Total is 0.73. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Universal Display, assuming nothing else is changed. The correlation between historical values of Universal Display's Cash and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Universal Display are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., Universal Display's Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Universal Display, which is listed under current asset account on Universal Display balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Universal Display customers. The amounts must be unrestricted with restricted cash listed in a different Universal Display account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Non Current Liabilities Total
Most indicators from Universal Display's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Display 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Display's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 36.37, whereas Issuance Of Capital Stock is forecasted to decline to about 1.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 438.5M | 488.7M | 441.1M | 463.1M | Total Revenue | 553.5M | 616.6M | 576.4M | 605.3M |
Universal Display fundamental ratios Correlations
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Universal Display Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Display fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.9M | 45.9M | 52.1M | 80.6M | 8.1M | 10.8M | |
Total Current Liabilities | 161.5M | 165.0M | 187.9M | 135.7M | 118.8M | 124.8M | |
Total Stockholder Equity | 811.4M | 912.7M | 1.1B | 1.3B | 1.4B | 1.5B | |
Retained Earnings | 249.0M | 353.9M | 500.2M | 653.3M | 789.6M | 829.0M | |
Accounts Payable | 13.3M | 13.8M | 15.0M | 9.5M | 10.9M | 11.5M | |
Common Stock Shares Outstanding | 47.0M | 47.2M | 47.4M | 47.5M | 47.6M | 36.5M | |
Other Stockholder Equity | 579.0M | 594.3M | 617.4M | 640.1M | 658.3M | 365.8M | |
Total Liab | 308.7M | 356.5M | 367.0M | 257.5M | 221.7M | 232.8M | |
Total Assets | 1.1B | 1.3B | 1.5B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 87.9M | 102.1M | 128.8M | 143.4M | 200.1M | 210.1M | |
Net Debt | (123.1M) | (621.3M) | (284.7M) | (64.4M) | (69.1M) | (72.6M) | |
Cash | 131.6M | 630.0M | 312.0M | 93.4M | 92.0M | 93.9M | |
Non Current Assets Total | 327.7M | 344.6M | 541.0M | 633.4M | 751.8M | 789.4M | |
Non Currrent Assets Other | 86.1M | 103.3M | 135.7M | 109.7M | 80.4M | 84.4M | |
Cash And Short Term Investments | 646.1M | 730.0M | 663.2M | 577.8M | 514.1M | 539.8M | |
Liabilities And Stockholders Equity | 1.1B | 1.3B | 1.5B | 1.5B | 1.7B | 1.8B | |
Other Current Assets | 21.9M | 20.7M | 20.9M | 45.8M | 87.4M | 91.7M | |
Property Plant And Equipment Gross | 87.9M | 102.1M | 128.8M | 260.6M | 344.0M | 361.2M | |
Total Current Assets | 792.4M | 924.6M | 925.9M | 899.5M | 917.1M | 963.0M | |
Net Receivables | 60.5M | 82.3M | 107.6M | 92.7M | 139.9M | 146.8M | |
Accumulated Other Comprehensive Income | (17.0M) | (36.0M) | (18.2M) | (18.5M) | (1.1M) | (1.1M) | |
Common Stock Total Equity | 487K | 489K | 490K | 491K | 564.7K | 415.5K | |
Short Term Investments | 514.5M | 100.0M | 351.2M | 484.3M | 422.1M | 443.2M | |
Non Current Liabilities Total | 147.2M | 191.6M | 179.1M | 121.8M | 102.9M | 108.1M | |
Common Stock | 485K | 487K | 489K | 490K | 491K | 420.3K | |
Other Assets | 108.0M | 141.0M | 138.5M | 136.4M | 156.9M | 164.7M | |
Short Term Debt | 49.0M | 41.4M | 45.5M | 3.7M | 52.1M | 54.7M | |
Intangible Assets | 102.8M | 80.9M | 59.4M | 46.6M | 97.2M | 60.7M | |
Property Plant Equipment | 96.4M | 102.1M | 128.8M | 143.4M | 165.0M | 173.2M | |
Current Deferred Revenue | 97.3M | 105.2M | 120.9M | 45.6M | 47.7M | 26.7M | |
Other Liab | 140.3M | 191.6M | 151.8M | 92.7M | 106.6M | 112.0M | |
Inventory | 64.0M | 91.6M | 134.2M | 183.2M | 175.8M | 184.6M | |
Net Tangible Assets | 693.1M | 816.2M | 1.1B | 1.2B | 1.4B | 1.5B | |
Capital Surpluse | 620.2M | 635.6M | 658.7M | 681.3M | 783.5M | 669.0M | |
Deferred Long Term Liab | 23.9M | 41.8M | 57.1M | 18.3M | 21.0M | 21.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Universal Display is a strong investment it is important to analyze Universal Display'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 Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Semiconductors & Semiconductor Equipment 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 Display. 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 Display 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 0.299 | Dividend Share 1.55 | Earnings Share 4.98 | Revenue Per Share 13.536 | Quarterly Revenue Growth 0.146 |
The market value of Universal Display 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 Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display'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 Display's market value can be influenced by many factors that don't directly affect Universal Display'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 Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display'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.