United Retained Earnings vs Total Assets Analysis
UAMA Stock | USD 0.0001 0.00 0.00% |
United American financial indicator trend analysis is much more than just breaking down United American Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United American Corp is a good investment. Please check the relationship between United American Retained Earnings and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United American Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United American Corp Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between United American's Retained Earnings and Total Assets is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of United American Corp, assuming nothing else is changed. The correlation between historical values of United American's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of United American Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., United American's Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Total Assets
Total assets refers to the total amount of United American assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in United American Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from United American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United American Corp 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 United American Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, United American's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 3.06, whereas Selling General Administrative is forecasted to decline to about 1 M.
2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 358.1K | 3.0M | 3.5M | 3.6M | Total Revenue | 582.6K | 30.3M | 34.9M | 36.6M |
United American fundamental ratios Correlations
Click cells to compare fundamentals
United American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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 United American Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United American's 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 United American Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United American Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United American Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Diversified Telecommunication Services 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 United American. If investors know United 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 United American 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 1.147 | Revenue Per Share 0.54 | Quarterly Revenue Growth (0.50) | Return On Assets 0.2666 |
The market value of United American Corp is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United American's value that differs from its market value or its book value, called intrinsic value, which is United American'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 United American's market value can be influenced by many factors that don't directly affect United American'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 United American's value and its price as these two are different measures arrived at by different means. Investors typically determine if United American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United American'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.