UHAL Accounts Payable vs Other Assets Analysis
UHAL Stock | USD 69.30 1.74 2.58% |
U Haul 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 Accounts Payable and its Other Assets 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 nation.
Accounts Payable vs Other Assets
Accounts Payable vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Haul Holding Accounts Payable account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between U Haul's Accounts Payable and Other Assets is 0.7. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Assets 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's Accounts Payable and Other 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 Accounts Payable of U Haul Holding are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Accounts Payable i.e., U Haul's Accounts Payable and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents U Haul obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of U Haul Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Other Assets
Most indicators from U Haul'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 nation. Enterprise Value is expected to rise to about 17.1 B this year, although the value of Selling General Administrative will most likely fall to about 31 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 161.9M | 224.0M | 255.5M | 268.2M | Depreciation And Amortization | 697.0M | 733.9M | 817.9M | 858.8M |
U Haul fundamental ratios Correlations
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U Haul Account Relationship Matchups
High Positive Relationship
High Negative Relationship
U Haul fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.4B | 14.7B | 17.3B | 18.1B | 19.1B | 20.0B | |
Short Long Term Debt Total | 5.7B | 4.8B | 6.1B | 6.8B | 6.3B | 6.6B | |
Other Current Liab | 997.6M | (1.1B) | (502.3M) | 875.0M | (1.4B) | (1.3B) | |
Total Current Liabilities | 2.7B | 2.8B | 2.8B | 1.7B | 51.2M | 48.6M | |
Total Stockholder Equity | 4.2B | 4.9B | 5.9B | 6.5B | 7.2B | 7.5B | |
Property Plant And Equipment Net | 9.0B | 9.3B | 10.3B | 11.9B | 13.5B | 14.2B | |
Net Debt | 4.2B | 3.6B | 3.4B | 4.7B | 4.8B | 5.0B | |
Retained Earnings | 4.4B | 5.0B | 6.1B | 7.0B | 7.6B | 8.0B | |
Cash | 494.4M | 1.2B | 2.7B | 2.1B | 1.5B | 1.6B | |
Non Current Assets Total | 12.1B | 12.6B | 13.9B | 15.4B | 16.7B | 17.6B | |
Non Currrent Assets Other | 175.1M | 137.5M | 164.2M | (1.1B) | 121.2M | 115.2M | |
Other Assets | 4.3B | 4.5B | 5.4B | 6.3B | 7.3B | 7.6B | |
Cash And Short Term Investments | 494.4M | 1.2B | 2.7B | 2.1B | 1.5B | 1.6B | |
Net Receivables | 221.5M | 224.4M | 229.3M | 189.5M | 215.9M | 247.3M | |
Common Stock Shares Outstanding | 195.9M | 195.9M | 19.6M | 196.1M | 176.5M | 171.8M | |
Liabilities And Stockholders Equity | 13.4B | 14.7B | 17.3B | 18.1B | 19.1B | 20.0B | |
Non Current Liabilities Total | 6.5B | 7.0B | 8.6B | 9.9B | 11.8B | 12.4B | |
Inventory | 101.1M | 105.6M | 158.9M | 151.5M | 150.9M | 86.3M | |
Other Stockholder Equity | (232.7M) | (228.4M) | (223.8M) | (224.0M) | (215.1M) | (204.3M) | |
Total Liab | 9.2B | 9.8B | 11.4B | 11.6B | 11.9B | 12.5B | |
Property Plant And Equipment Gross | 9.0B | 9.3B | 13.4B | 15.7B | 19.0B | 19.9B | |
Total Current Assets | 1.4B | 2.0B | 3.4B | 2.7B | 2.3B | 1.4B | |
Accumulated Other Comprehensive Income | 34.7M | 106.9M | 46.4M | (267.0M) | (223.2M) | (212.1M) | |
Short Term Debt | 1.1B | (645.6M) | 502.3M | 587.5M | 637.3M | 468.9M | |
Current Deferred Revenue | 31.6M | 42.6M | 49.2M | 52.3M | 51.2M | 33.4M | |
Accounts Payable | 554.4M | 645.6M | 677.8M | 761.0M | 783.1M | 394.2M | |
Other Current Assets | 562.9M | 551.7M | 345.2M | 341.1M | 415.8M | 223.6M | |
Other Liab | 3.5B | 3.9B | 4.4B | 4.6B | 5.3B | 5.6B | |
Long Term Debt | 3.5B | 3.5B | 4.7B | 6.2B | 4.4B | 2.3B | |
Property Plant Equipment | 7.8B | 8.3B | 9.6B | 11.4B | 13.1B | 13.7B | |
Short Term Investments | 7.0M | 7.2M | 30.9M | 15.9M | 997K | 947.2K | |
Net Tangible Assets | 4.2B | 4.9B | 5.9B | 6.5B | 7.5B | 7.9B | |
Retained Earnings Total Equity | 4.4B | 5.0B | 6.1B | 7.0B | 8.1B | 8.5B | |
Capital Surpluse | 452.7M | 453.3M | 453.8M | 453.6M | 521.7M | 494.2M | |
Deferred Long Term Liab | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 907.6M |
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Is Cargo Ground Transportation 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 U Haul. If investors know UHAL 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 U Haul 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 (0.32) | Earnings Share 2.25 | Revenue Per Share 28.775 | Quarterly Revenue Growth 0.005 | Return On Assets 0.0247 |
The market value of U Haul Holding is measured differently than its book value, which is the value of UHAL that is recorded on the company's balance sheet. Investors also form their own opinion of U Haul's value that differs from its market value or its book value, called intrinsic value, which is U Haul'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 U Haul's market value can be influenced by many factors that don't directly affect U Haul'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 U Haul's value and its price as these two are different measures arrived at by different means. Investors typically determine if U Haul 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'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.