UFP Gross Profit vs Operating Income Analysis

UFPT Stock

USD 322.92 1.00 0.31%

UFP Technologies financial indicator trend analysis is much more than just breaking down UFP Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UFP Technologies is a good investment. Please check the relationship between UFP Technologies Gross Profit and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UFP Technologies. 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 information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFP Technologies Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between UFP Technologies' Gross Profit and Operating Income is 0.92. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of UFP Technologies, assuming nothing else is changed. The correlation between historical values of UFP Technologies' Gross Profit and Operating Income 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 Technologies are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., UFP Technologies' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of UFP Technologies minus its cost of goods sold. It is profit before UFP Technologies 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.

Operating Income

Operating Income is the amount of profit realized from UFP Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of UFP Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from UFP Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UFP Technologies 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 Technologies. 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 information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.At this time, UFP Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Tax Provision is likely to drop slightly above 5.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	51.1M	90.3M	112.2M	117.8M
Total Revenue	206.3M	353.8M	400.1M	420.1M

Gross Profit Total Revenue

UFP Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		0.81	0.92	0.96	0.98	0.87	0.81	0.98	0.94	-0.54	0.99	0.19	-0.54	0.98	0.41	0.86	0.95	0.59	-0.22	0.94	0.9	0.9	0.92	0.96	0.6	0.89
Short Long Term Debt Total	0.81		0.71	0.78	0.69	0.63	0.89	0.7	0.73	-0.49	0.84	0.11	-0.49	0.74	0.23	0.96	0.71	0.39	-0.21	0.93	0.78	0.64	0.84	0.9	0.86	0.93
Other Current Liab	0.92	0.71		0.95	0.89	0.72	0.73	0.89	0.93	-0.52	0.9	0.45	-0.52	0.93	0.35	0.79	0.91	0.56	-0.2	0.88	0.7	0.85	0.81	0.88	0.39	0.74
Total Current Liabilities	0.96	0.78	0.95		0.92	0.73	0.81	0.93	0.99	-0.58	0.93	0.21	-0.58	0.98	0.26	0.84	0.98	0.56	-0.27	0.93	0.82	0.9	0.94	0.94	0.49	0.85
Total Stockholder Equity	0.98	0.69	0.89	0.92		0.92	0.69	1.0	0.9	-0.48	0.95	0.17	-0.48	0.97	0.47	0.74	0.94	0.62	-0.15	0.84	0.9	0.91	0.85	0.89	0.48	0.79
Property Plant And Equipment Net	0.87	0.63	0.72	0.73	0.92		0.58	0.91	0.72	-0.39	0.86	0.13	-0.39	0.83	0.57	0.63	0.77	0.62	0.09	0.69	0.9	0.78	0.69	0.75	0.49	0.67
Net Debt	0.81	0.89	0.73	0.81	0.69	0.58		0.71	0.76	-0.81	0.87	-0.06	-0.81	0.76	0.03	0.93	0.74	0.3	-0.45	0.92	0.73	0.54	0.87	0.93	0.76	0.9
Retained Earnings	0.98	0.7	0.89	0.93	1.0	0.91	0.71		0.92	-0.51	0.95	0.16	-0.51	0.98	0.43	0.75	0.95	0.6	-0.18	0.85	0.9	0.91	0.87	0.9	0.48	0.8
Accounts Payable	0.94	0.73	0.93	0.99	0.9	0.72	0.76	0.92		-0.55	0.9	0.21	-0.55	0.97	0.23	0.78	0.99	0.58	-0.22	0.9	0.8	0.92	0.92	0.9	0.42	0.81
Cash	-0.54	-0.49	-0.52	-0.58	-0.48	-0.39	-0.81	-0.51	-0.55		-0.64	0.29	1.0	-0.54	0.29	-0.55	-0.54	-0.03	0.6	-0.59	-0.46	-0.21	-0.6	-0.67	-0.35	-0.55
Non Current Assets Total	0.99	0.84	0.9	0.93	0.95	0.86	0.87	0.95	0.9	-0.64		0.14	-0.64	0.95	0.36	0.89	0.91	0.52	-0.29	0.94	0.89	0.82	0.9	0.98	0.66	0.9
Non Currrent Assets Other	0.19	0.11	0.45	0.21	0.17	0.13	-0.06	0.16	0.21	0.29	0.14		0.29	0.17	0.41	0.18	0.14	0.22	0.2	0.2	-0.07	0.3	-0.02	0.12	-0.05	0.05
Cash And Short Term Investments	-0.54	-0.49	-0.52	-0.58	-0.48	-0.39	-0.81	-0.51	-0.55	1.0	-0.64	0.29		-0.54	0.29	-0.55	-0.54	-0.03	0.6	-0.59	-0.46	-0.21	-0.6	-0.67	-0.35	-0.55
Net Receivables	0.98	0.74	0.93	0.98	0.97	0.83	0.76	0.98	0.97	-0.54	0.95	0.17	-0.54		0.37	0.79	0.99	0.6	-0.19	0.89	0.87	0.93	0.91	0.92	0.47	0.82
Common Stock Shares Outstanding	0.41	0.23	0.35	0.26	0.47	0.57	0.03	0.43	0.23	0.29	0.36	0.41	0.29	0.37		0.26	0.26	0.57	0.53	0.27	0.36	0.49	0.11	0.22	0.21	0.17
Non Current Liabilities Total	0.86	0.96	0.79	0.84	0.74	0.63	0.93	0.75	0.78	-0.55	0.89	0.18	-0.55	0.79	0.26		0.76	0.4	-0.31	0.98	0.76	0.67	0.87	0.94	0.84	0.95
Inventory	0.95	0.71	0.91	0.98	0.94	0.77	0.74	0.95	0.99	-0.54	0.91	0.14	-0.54	0.99	0.26	0.76		0.58	-0.24	0.88	0.86	0.93	0.93	0.9	0.44	0.82
Other Current Assets	0.59	0.39	0.56	0.56	0.62	0.62	0.3	0.6	0.58	-0.03	0.52	0.22	-0.03	0.6	0.57	0.4	0.58		0.39	0.48	0.59	0.69	0.51	0.44	0.21	0.38
Other Stockholder Equity	-0.22	-0.21	-0.2	-0.27	-0.15	0.09	-0.45	-0.18	-0.22	0.6	-0.29	0.2	0.6	-0.19	0.53	-0.31	-0.24	0.39		-0.31	-0.13	0.01	-0.36	-0.39	-0.29	-0.42
Total Liab	0.94	0.93	0.88	0.93	0.84	0.69	0.92	0.85	0.9	-0.59	0.94	0.2	-0.59	0.89	0.27	0.98	0.88	0.48	-0.31		0.81	0.79	0.93	0.98	0.74	0.95
Property Plant And Equipment Gross	0.9	0.78	0.7	0.82	0.9	0.9	0.73	0.9	0.8	-0.46	0.89	-0.07	-0.46	0.87	0.36	0.76	0.86	0.59	-0.13	0.81		0.82	0.88	0.85	0.69	0.87
Total Current Assets	0.9	0.64	0.85	0.9	0.91	0.78	0.54	0.91	0.92	-0.21	0.82	0.3	-0.21	0.93	0.49	0.67	0.93	0.69	0.01	0.79	0.82		0.82	0.78	0.38	0.73
Short Term Debt	0.92	0.84	0.81	0.94	0.85	0.69	0.87	0.87	0.92	-0.6	0.9	-0.02	-0.6	0.91	0.11	0.87	0.93	0.51	-0.36	0.93	0.88	0.82		0.94	0.66	0.93
Intangible Assets	0.96	0.9	0.88	0.94	0.89	0.75	0.93	0.9	0.9	-0.67	0.98	0.12	-0.67	0.92	0.22	0.94	0.9	0.44	-0.39	0.98	0.85	0.78	0.94		0.71	0.95
Other Liab	0.6	0.86	0.39	0.49	0.48	0.49	0.76	0.48	0.42	-0.35	0.66	-0.05	-0.35	0.47	0.21	0.84	0.44	0.21	-0.29	0.74	0.69	0.38	0.66	0.71		0.86
Other Assets	0.89	0.93	0.74	0.85	0.79	0.67	0.9	0.8	0.81	-0.55	0.9	0.05	-0.55	0.82	0.17	0.95	0.82	0.38	-0.42	0.95	0.87	0.73	0.93	0.95	0.86

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UFP Technologies Account Relationship Matchups

UFP Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	188.8M	203.2M	334.1M	377.5M	404.1M	424.3M
Short Long Term Debt Total	3.1M	2.2M	84.4M	55M	46.0M	48.3M
Other Current Liab	8.5M	6.8M	10.5M	23.1M	17.6M	18.4M
Total Current Liabilities	16.3M	15.1M	34.7M	55.8M	58.2M	61.1M
Total Stockholder Equity	162.0M	176.9M	194.4M	237.5M	286.1M	300.4M
Property Plant And Equipment Net	56.7M	53.8M	65.9M	58.1M	75.7M	79.5M
Net Debt	(653K)	(22.0M)	73.2M	50.5M	40.8M	42.8M
Retained Earnings	131.6M	144.9M	160.8M	202.6M	247.5M	259.9M
Accounts Payable	4.6M	4.1M	10.6M	20.0M	22.3M	23.4M
Cash	3.7M	24.2M	11.1M	4.5M	5.3M	5.0M
Non Current Assets Total	135.5M	131.3M	246.8M	261.2M	259.5M	272.5M
Non Currrent Assets Other	6.0M	6.0M	5.4M	20.3M	5.8M	4.5M
Cash And Short Term Investments	3.7M	24.2M	11.1M	4.5M	5.3M	5.0M
Net Receivables	28.6M	26.4M	39.4M	55.1M	64.4M	67.7M
Common Stock Shares Outstanding	7.5M	7.6M	7.6M	7.7M	7.7M	6.4M
Liabilities And Stockholders Equity	188.8M	203.2M	334.1M	377.5M	404.1M	424.3M
Non Current Liabilities Total	10.5M	11.2M	105.0M	84.2M	59.8M	62.8M
Inventory	18.3M	18.6M	33.4M	53.5M	70.2M	73.7M
Other Current Assets	2.6M	2.6M	3.4M	3.2M	4.7M	5.0M
Other Stockholder Equity	30.4M	31.9M	33.6M	35.5M	38.2M	40.4M
Total Liab	26.8M	26.3M	139.7M	140.0M	118.0M	123.9M
Property Plant And Equipment Gross	59.8M	55.9M	126.8M	58.1M	132.9M	139.6M
Total Current Assets	53.3M	71.9M	87.3M	116.3M	144.6M	151.9M
Accumulated Other Comprehensive Income	(53.1M)	(54.1M)	0.0	(610K)	268K	281.4K
Short Term Debt	674K	2.3M	8.5M	6.5M	10.4M	11.0M
Intangible Assets	21.0M	19.7M	67.6M	68.4M	64.1M	67.3M
Other Liab	7.7M	9.7M	105.0M	22.8M	26.3M	27.6M
Other Assets	2.9M	3.9M	14.8M	9.2M	10.6M	11.1M
Long Term Debt	22.3M	325K	71M	51M	28M	29.4M
Property Plant Equipment	56.7M	53.8M	56.6M	58.1M	66.8M	70.1M
Net Tangible Assets	89.2M	105.3M	19.0M	237.5M	273.2M	286.8M
Current Deferred Revenue	2.6M	1.9M	4.2M	4.7M	6.6M	3.5M
Retained Earnings Total Equity	131.6M	144.9M	160.8M	202.6M	233.0M	244.6M
Capital Surpluse	31.0M	32.5M	34.2M	36.1M	41.5M	29.9M
Deferred Long Term Liab	6.2M	2.8M	8.9M	7.6M	8.7M	9.2M
Non Current Liabilities Other	2.8M	2.3M	19.3M	18.2M	7.1M	5.2M

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