U-Haul Net Tangible Assets vs Non Current Assets Total Analysis

UHAL-B Stock   61.65  1.28  2.12%   
U-Haul Holding financial indicator trend analysis is much more than just breaking down U Haul Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether U Haul Holding is a good investment. Please check the relationship between U-Haul Holding Net Tangible Assets and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our How to Trade U-Haul Stock guide.

Net Tangible Assets vs Non Current Assets Total

Net Tangible Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Haul Holding Net Tangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between U-Haul Holding's Net Tangible Assets and Non Current Assets Total is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of U Haul Holding, assuming nothing else is changed. The correlation between historical values of U-Haul Holding's Net Tangible Assets and Non Current Assets 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 Net Tangible Assets of U Haul Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Tangible Assets i.e., U-Haul Holding's Net Tangible Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from U-Haul Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into U Haul Holding 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 U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our How to Trade U-Haul Stock guide.The current year's Enterprise Value is expected to grow to about 17.1 B, whereas Tax Provision is forecasted to decline to about 199.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit5.5B5.0B4.8B5.0B
Total Revenue5.7B5.9B5.6B5.4B

U-Haul Holding fundamental ratios Correlations

-0.641.00.960.990.970.860.99-0.310.89-0.49-0.570.340.990.960.941.00.98-0.130.930.910.70.870.970.950.97
-0.64-0.64-0.68-0.65-0.57-0.22-0.710.05-0.520.80.780.32-0.65-0.77-0.47-0.63-0.590.12-0.81-0.34-0.81-0.45-0.54-0.64-0.61
1.0-0.640.971.00.980.840.99-0.320.9-0.45-0.570.291.00.970.930.990.98-0.140.930.880.740.870.970.970.99
0.96-0.680.970.970.960.740.98-0.420.91-0.54-0.550.170.980.960.840.950.96-0.250.920.80.720.90.920.930.95
0.99-0.651.00.970.980.820.99-0.360.92-0.45-0.570.271.00.970.930.980.98-0.190.920.860.750.870.960.960.99
0.97-0.570.980.960.980.820.97-0.360.91-0.4-0.60.220.970.940.910.950.96-0.240.870.840.740.880.960.960.98
0.86-0.220.840.740.820.820.79-0.30.79-0.21-0.310.720.840.70.940.880.87-0.090.660.980.350.790.920.760.81
0.99-0.710.990.980.990.970.79-0.310.89-0.53-0.620.220.990.990.910.980.97-0.160.950.840.770.860.950.960.98
-0.310.05-0.32-0.42-0.36-0.36-0.3-0.31-0.690.33-0.18-0.25-0.38-0.23-0.32-0.29-0.480.89-0.08-0.260.09-0.71-0.4-0.12-0.29
0.89-0.520.90.910.920.910.790.89-0.69-0.51-0.40.340.930.840.880.880.96-0.530.730.790.530.970.930.790.88
-0.490.8-0.45-0.54-0.45-0.4-0.21-0.530.33-0.510.60.13-0.5-0.5-0.35-0.51-0.510.44-0.55-0.32-0.39-0.54-0.47-0.35-0.36
-0.570.78-0.57-0.55-0.57-0.6-0.31-0.62-0.18-0.40.60.35-0.55-0.64-0.5-0.58-0.50.06-0.66-0.37-0.83-0.37-0.56-0.66-0.57
0.340.320.290.170.270.220.720.22-0.250.340.130.350.310.110.510.380.380.050.10.66-0.330.370.420.150.26
0.99-0.651.00.981.00.970.840.99-0.380.93-0.5-0.550.310.970.940.990.99-0.210.920.880.710.90.970.940.98
0.96-0.770.970.960.970.940.70.99-0.230.84-0.5-0.640.110.970.860.940.92-0.080.970.770.840.780.890.970.97
0.94-0.470.930.840.930.910.940.91-0.320.88-0.35-0.50.510.940.860.940.95-0.170.790.930.60.830.970.880.94
1.0-0.630.990.950.980.950.880.98-0.290.88-0.51-0.580.380.990.940.940.98-0.120.920.930.670.870.980.940.95
0.98-0.590.980.960.980.960.870.97-0.480.96-0.51-0.50.380.990.920.950.98-0.30.860.90.630.940.990.90.95
-0.130.12-0.14-0.25-0.19-0.24-0.09-0.160.89-0.530.440.060.05-0.21-0.08-0.17-0.12-0.30.07-0.040.05-0.56-0.260.01-0.12
0.93-0.810.930.920.920.870.660.95-0.080.73-0.55-0.660.10.920.970.790.920.860.070.760.820.690.840.940.91
0.91-0.340.880.80.860.840.980.84-0.260.79-0.32-0.370.660.880.770.930.930.9-0.040.760.410.810.930.810.84
0.7-0.810.740.720.750.740.350.770.090.53-0.39-0.83-0.330.710.840.60.670.630.050.820.410.420.620.850.79
0.87-0.450.870.90.870.880.790.86-0.710.97-0.54-0.370.370.90.780.830.870.94-0.560.690.810.420.920.740.82
0.97-0.540.970.920.960.960.920.95-0.40.93-0.47-0.560.420.970.890.970.980.99-0.260.840.930.620.920.90.95
0.95-0.640.970.930.960.960.760.96-0.120.79-0.35-0.660.150.940.970.880.940.90.010.940.810.850.740.90.98
0.97-0.610.990.950.990.980.810.98-0.290.88-0.36-0.570.260.980.970.940.950.95-0.120.910.840.790.820.950.98
Click cells to compare fundamentals

U-Haul Holding Account Relationship Matchups

U-Haul Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.7B17.3B18.1B19.1B17.3B
Total Current Liabilities554.4M2.8B2.8B1.7B51.2M48.6M
Total Stockholder Equity4.2B4.9B5.9B6.5B7.2B5.9B
Net Debt3.0B3.6B3.4B4.7B4.8B4.0B
Retained Earnings4.4B5.0B6.1B7.0B7.6B6.2B
Accounts Payable530.4M645.6M677.8M761.0M783.1M725.0M
Cash494.4M1.2B2.7B2.1B1.5B1.6B
Non Current Assets Total12.1B12.6B13.9B15.4B16.7B14.9B
Non Currrent Assets Other31.4M137.5M164.2M(1.1B)121.2M127.3M
Long Term Debt2.4B2.4B3.6B6.2B4.4B3.9B
Net Receivables177.4M224.4M229.3M189.5M215.9M168.2M
Short Term Investments7.0M7.2M30.9M15.9M997K947.2K
Non Current Liabilities Total6.5B7.0B8.6B9.9B10.2B8.8B
Capital Lease Obligations1.2B1.3B1.4B1.5B1.9B1.5B
Inventory101.1M105.6M158.9M151.5M150.9M141.4M
Total Liab9.2B9.8B11.4B11.6B11.9B11.4B
Net Invested Capital7.7B8.4B10.6B12.7B11.6B10.6B
Long Term Investments2.9B3.2B3.4B575.5M3.1B2.1B
Total Current Assets1.4B2.0B3.4B2.7B2.3B2.4B
Non Current Liabilities Other1.8B2.2B2.3B3.6B2.4B2.6B
Net Working Capital(1.3B)(727.3M)576.9M1.0B566.8M595.2M

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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 U Haul Holding is a strong investment it is important to analyze U-Haul Holding'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 U-Haul Holding's future performance. For an informed investment choice regarding U-Haul Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our How to Trade U-Haul Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between U-Haul Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if U-Haul Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U-Haul Holding'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.