United Other Current Assets vs Property Plant And Equipment Net Analysis
UG Stock | USD 9.75 0.04 0.41% |
United Guardian financial indicator trend analysis is much more than just breaking down United Guardian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Guardian is a good investment. Please check the relationship between United Guardian Other Current Assets and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.
Other Current Assets vs Property Plant And Equipment Net
Other Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Guardian Other Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between United Guardian's Other Current Assets and Property Plant And Equipment Net is -0.31. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of United Guardian, assuming nothing else is changed. The correlation between historical values of United Guardian's Other Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of United Guardian are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Assets i.e., United Guardian's Other Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from United Guardian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Guardian 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 Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.At this time, United Guardian's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The United Guardian's current Enterprise Value is estimated to increase to about 43.2 M, while Enterprise Value Over EBITDA is projected to decrease to 7.95.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 13.9M | 12.7M | 10.9M | 11.2M | Interest Expense | 567.7K | 1.6M | 1.9M | 2.0M |
United Guardian fundamental ratios Correlations
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United Guardian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Guardian fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.4M | 11.9M | 12.2M | 10.6M | 12.9M | 12.2M | |
Other Current Liab | 1.3M | 1.4M | 1.6M | 1.2M | 1.2M | 976.5K | |
Total Current Liabilities | 1.3M | 1.4M | 2.3M | 1.4M | 1.5M | 1.5M | |
Total Stockholder Equity | 10.6M | 10.4M | 9.8M | 9.3M | 11.4M | 10.2M | |
Property Plant And Equipment Net | 780.7K | 673.7K | 658.9K | 559.2K | 619.2K | 895.3K | |
Net Debt | (1.0M) | (591.4K) | (531.2K) | (830.5K) | (8.2M) | (7.8M) | |
Retained Earnings | 10.2M | 9.9M | 9.4M | 8.8M | 10.9M | 7.5M | |
Cash | 1.0M | 591.4K | 531.2K | 830.5K | 8.2M | 8.7M | |
Non Current Assets Total | 795.5K | 673.7K | 658.9K | 669.7K | 670.1K | 1.1M | |
Non Currrent Assets Other | 14.8K | (151.7K) | (83.2K) | (1.0) | (0.9) | (0.85) | |
Cash And Short Term Investments | 7.9M | 8.2M | 8.2M | 6.5M | 9.1M | 7.2M | |
Net Receivables | 2.1M | 1.4M | 1.8M | 1.4M | 1.6M | 1.3M | |
Liabilities And Stockholders Equity | 12.4M | 11.9M | 12.2M | 10.6M | 12.9M | 12.2M | |
Non Current Liabilities Total | 386.9K | 151.7K | 83.2K | 30.4K | 435.7K | 306.6K | |
Inventory | 1.2M | 1.4M | 1.4M | 1.7M | 1.2M | 1.2M | |
Other Current Assets | 170.5K | 260.3K | 192.6K | 387.1K | 367.9K | 291.7K | |
Other Stockholder Equity | 6.7M | 6.4M | 0.0 | 9.8M | 8.8M | 9.3M | |
Total Liab | 1.7M | 1.6M | 2.4M | 1.4M | 1.5M | 1.4M | |
Total Current Assets | 11.6M | 11.2M | 11.6M | 10.0M | 12.3M | 10.6M | |
Accounts Payable | 71.4K | 31.8K | 410.9K | 30.4K | 134.4K | 204.9K | |
Property Plant And Equipment Gross | 780.7K | 7.4M | 7.5M | 7.5M | 7.7M | 8.1M | |
Short Term Investments | 6.9M | 7.6M | 7.6M | 5.7M | 851.3K | 808.8K | |
Other Assets | 59.5K | 29.6K | 14.8K | 110.5K | 1.0 | 0.95 | |
Property Plant Equipment | 780.7K | 673.7K | 658.9K | 559.2K | 503.2K | 803.6K | |
Other Liab | 253.6K | 386.9K | 151.7K | 83.2K | 74.9K | 71.2K | |
Net Tangible Assets | 10.6M | 10.4M | 9.8M | 9.3M | 8.3M | 9.8M | |
Retained Earnings Total Equity | 10.5M | 10.5M | 10.2M | 9.9M | 8.9M | 9.7M | |
Deferred Long Term Liab | 33.9K | 253.6K | 386.9K | 151.7K | 174.4K | 203.6K | |
Net Invested Capital | 10.6M | 10.4M | 9.8M | 9.3M | 11.4M | 8.4M | |
Net Working Capital | 10.2M | 9.8M | 9.2M | 8.6M | 10.7M | 7.9M |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Personal Care 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 United Guardian. 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 Guardian 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 1.074 | Earnings Share 0.76 | Revenue Per Share 2.679 | Quarterly Revenue Growth 0.279 | Return On Assets 0.1777 |
The market value of United Guardian 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 Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian'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 Guardian's market value can be influenced by many factors that don't directly affect United Guardian'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 Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian'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.