Ufp Gross Profit vs Income Before Tax Analysis
UFPI Stock | USD 130.52 1.89 1.47% |
Ufp Industries financial indicator trend analysis is much more than just breaking down Ufp Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ufp Industries is a good investment. Please check the relationship between Ufp Industries Gross Profit and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ufp Industries Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Ufp Industries' Gross Profit and Income Before Tax is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Ufp Industries, assuming nothing else is changed. The correlation between historical values of Ufp Industries' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Ufp Industries are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Ufp Industries' Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ufp Industries minus its cost of goods sold. It is profit before Ufp Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ufp Industries income statement and is an important metric when analyzing Ufp Industries profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Ufp Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ufp Industries 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 Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.As of now, Ufp Industries' Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 11.2M | 15.4M | 12.8M | 9.4M | Depreciation And Amortization | 98.1M | 113.6M | 131.9M | 138.5M |
Ufp Industries fundamental ratios Correlations
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Ufp Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ufp Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.4B | 3.2B | 3.7B | 4.0B | 4.2B | |
Short Long Term Debt Total | 163.7M | 311.7M | 337.3M | 278.1M | 384.3M | 403.5M | |
Other Current Liab | 202.1M | 224.1M | 363.3M | 366.2M | 289.6M | 304.0M | |
Total Current Liabilities | 354.0M | 463.7M | 776.0M | 611.8M | 568.0M | 596.4M | |
Total Stockholder Equity | 1.3B | 1.5B | 2.0B | 2.6B | 3.0B | 3.1B | |
Property Plant And Equipment Net | 387.2M | 417.2M | 589.0M | 689.0M | 880.4M | 924.4M | |
Net Debt | (4.7M) | (124.8M) | 50.6M | (281.3M) | (734.0M) | (697.3M) | |
Retained Earnings | 995.0M | 1.2B | 1.7B | 2.2B | 2.6B | 2.7B | |
Accounts Payable | 142.5M | 211.5M | 319.1M | 206.9M | 203.1M | 213.2M | |
Cash | 168.3M | 436.5M | 286.7M | 559.4M | 1.1B | 1.2B | |
Non Current Assets Total | 796.4M | 866.5M | 1.2B | 1.4B | 1.5B | 1.6B | |
Non Currrent Assets Other | 105.1M | 117.5M | 151.4M | 141.4M | 76.9M | 80.8M | |
Cash And Short Term Investments | 186.9M | 460.8M | 323.2M | 595.4M | 1.2B | 1.2B | |
Net Receivables | 364.0M | 474.7M | 743.4M | 624.4M | 553.1M | 580.7M | |
Common Stock Shares Outstanding | 60.1M | 59.9M | 60.4M | 60.7M | 60.6M | 64.1M | |
Liabilities And Stockholders Equity | 1.9B | 2.4B | 3.2B | 3.7B | 4.0B | 4.2B | |
Non Current Liabilities Total | 277.7M | 458.0M | 452.7M | 456.5M | 399.6M | 207.7M | |
Inventory | 486.9M | 567.3M | 963.3M | 973.2M | 727.8M | 764.2M | |
Other Current Assets | 55.0M | 35.6M | 43.6M | 69.1M | 68.2M | 71.6M | |
Other Stockholder Equity | 206.2M | 218.2M | 244.0M | 294.0M | 354.7M | 372.4M | |
Total Liab | 631.7M | 921.7M | 1.2B | 1.1B | 967.6M | 1.0B | |
Property Plant And Equipment Gross | 467.3M | 974.5M | 589.0M | 689.0M | 1.7B | 1.7B | |
Total Current Assets | 1.1B | 1.5B | 2.1B | 2.3B | 2.5B | 2.6B | |
Accumulated Other Comprehensive Income | (4.9M) | (1.8M) | (5.4M) | (9.1M) | 1.1M | 1.2M | |
Short Term Debt | 2.8M | 16.6M | 82.9M | 28.5M | 65.9M | 69.2M | |
Common Stock Total Equity | 61.4M | 61.2M | 61.9M | 61.6M | 70.9M | 74.4M | |
Intangible Assets | 55.7M | 79.7M | 116.4M | 151.2M | 182.5M | 147.9M | |
Common Stock | 61.4M | 61.2M | 61.9M | 61.6M | 61.6M | 32.6M | |
Other Liab | 52.0M | 146.4M | 175.1M | 96.0M | 110.4M | 115.9M | |
Other Assets | 43.9M | 117.5M | 151.4M | 124.9M | 143.6M | 150.8M | |
Long Term Debt | 160.9M | 311.6M | 277.6M | 275.2M | 233.5M | 174.1M | |
Good Will | 229.5M | 252.2M | 315.0M | 337.3M | 336.3M | 204.1M | |
Property Plant Equipment | 387.2M | 417.2M | 589.0M | 689.0M | 792.3M | 831.9M | |
Short Term Investments | 18.5M | 24.3M | 36.5M | 36.0M | 34.7M | 36.5M | |
Current Deferred Revenue | 6.6M | 11.5M | 10.7M | 10.2M | 9.5M | 7.5M | |
Net Tangible Assets | 1.2B | 1.5B | 2.0B | 2.6B | 3.0B | 3.1B | |
Noncontrolling Interest In Consolidated Entity | 14.0M | 22.8M | 38.0M | 32.8M | 37.8M | 39.7M | |
Retained Earnings Total Equity | 995.0M | 1.2B | 1.7B | 2.2B | 2.6B | 2.7B | |
Capital Surpluse | 192.2M | 218.2M | 244.0M | 294.0M | 338.1M | 213.4M |
Currently Active Assets on Macroaxis
When determining whether Ufp Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ufp Industries' 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 Ufp Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ufp Industries Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ufp Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Ufp Stock please use our How to Invest in Ufp Industries guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Building Products 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 Ufp Industries. If investors know Ufp 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 Ufp Industries 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 (0.22) | Dividend Share 1.29 | Earnings Share 7.27 | Revenue Per Share 113.817 | Quarterly Revenue Growth (0.1) |
The market value of Ufp Industries is measured differently than its book value, which is the value of Ufp that is recorded on the company's balance sheet. Investors also form their own opinion of Ufp Industries' value that differs from its market value or its book value, called intrinsic value, which is Ufp Industries' 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 Ufp Industries' market value can be influenced by many factors that don't directly affect Ufp Industries' 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 Ufp Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ufp Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ufp Industries' 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.