UHAL Accumulated Depreciation vs Accounts Payable Analysis

UHAL Stock  USD 70.91  1.61  2.32%   
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 Accumulated Depreciation and its Accounts Payable 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.

Accumulated Depreciation vs Accounts Payable

Accumulated Depreciation vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Haul Holding Accumulated Depreciation account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between U Haul's Accumulated Depreciation and Accounts Payable is -0.77. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Accounts Payable 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 Accumulated Depreciation and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of U Haul Holding are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Accumulated Depreciation i.e., U Haul's Accumulated Depreciation and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for U Haul Holding fixed asset that has been charged to U Haul expense since that asset was acquired and made available for U Haul use. The accumulated depreciation account is U Haul Holding asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by U Haul Holding.

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.
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 Expense161.9M224.0M255.5M268.2M
Depreciation And Amortization697.0M733.9M817.9M858.8M

U Haul fundamental ratios Correlations

0.98-0.76-0.030.990.990.970.990.840.99-0.210.90.74-0.570.66-0.440.990.85-0.341.00.970.650.090.660.790.78
0.98-0.640.080.960.970.980.960.790.98-0.230.910.68-0.610.57-0.510.960.86-0.350.980.920.610.190.570.770.8
-0.76-0.640.34-0.79-0.77-0.67-0.77-0.64-0.77-0.25-0.63-0.510.5-0.690.07-0.77-0.550.01-0.73-0.79-0.380.36-0.69-0.5-0.46
-0.030.080.34-0.13-0.1-0.03-0.140.06-0.06-0.11-0.020.110.1-0.53-0.44-0.130.16-0.530.04-0.260.30.13-0.530.220.32
0.990.96-0.79-0.130.990.961.00.840.99-0.210.890.74-0.570.7-0.371.00.83-0.260.980.990.620.080.70.770.74
0.990.97-0.77-0.10.990.980.990.791.0-0.190.910.68-0.570.71-0.430.990.81-0.310.990.980.580.110.710.750.75
0.970.98-0.67-0.030.960.980.960.690.98-0.220.90.58-0.60.65-0.520.960.78-0.320.960.930.510.170.650.720.75
0.990.96-0.77-0.141.00.990.960.830.99-0.230.890.74-0.540.72-0.380.990.83-0.30.980.990.630.10.720.780.75
0.840.79-0.640.060.840.790.690.830.8-0.310.680.93-0.410.43-0.170.840.87-0.280.840.810.83-0.010.430.810.71
0.990.98-0.77-0.060.991.00.980.990.8-0.160.910.67-0.630.67-0.430.990.83-0.30.990.960.570.050.670.750.76
-0.21-0.23-0.25-0.11-0.21-0.19-0.22-0.23-0.31-0.16-0.14-0.43-0.15-0.020.1-0.22-0.320.3-0.21-0.21-0.46-0.3-0.02-0.43-0.35
0.90.91-0.63-0.020.890.910.90.890.680.91-0.140.57-0.580.6-0.370.890.74-0.30.90.860.470.130.60.650.7
0.740.68-0.510.110.740.680.580.740.930.67-0.430.57-0.130.41-0.170.720.78-0.330.740.720.940.210.410.810.63
-0.57-0.610.50.1-0.57-0.57-0.6-0.54-0.41-0.63-0.15-0.58-0.13-0.17-0.02-0.61-0.55-0.27-0.56-0.51-0.030.32-0.17-0.21-0.44
0.660.57-0.69-0.530.70.710.650.720.430.67-0.020.60.41-0.17-0.280.680.47-0.270.630.780.330.161.00.520.47
-0.44-0.510.07-0.44-0.37-0.43-0.52-0.38-0.17-0.430.1-0.37-0.17-0.02-0.28-0.37-0.310.74-0.48-0.33-0.28-0.4-0.28-0.42-0.49
0.990.96-0.77-0.131.00.990.960.990.840.99-0.220.890.72-0.610.68-0.370.84-0.260.980.980.60.050.680.760.74
0.850.86-0.550.160.830.810.780.830.870.83-0.320.740.78-0.550.47-0.310.84-0.290.860.780.810.140.470.870.91
-0.34-0.350.01-0.53-0.26-0.31-0.32-0.3-0.28-0.30.3-0.3-0.33-0.27-0.270.74-0.26-0.29-0.39-0.24-0.41-0.24-0.27-0.54-0.55
1.00.98-0.730.040.980.990.960.980.840.99-0.210.90.74-0.560.63-0.480.980.86-0.390.950.660.10.630.810.8
0.970.92-0.79-0.260.990.980.930.990.810.96-0.210.860.72-0.510.78-0.330.980.78-0.240.950.590.120.780.730.68
0.650.61-0.380.30.620.580.510.630.830.57-0.460.470.94-0.030.33-0.280.60.81-0.410.660.590.260.330.860.72
0.090.190.360.130.080.110.170.1-0.010.05-0.30.130.210.320.16-0.40.050.14-0.240.10.120.260.160.150.08
0.660.57-0.69-0.530.70.710.650.720.430.67-0.020.60.41-0.171.0-0.280.680.47-0.270.630.780.330.160.520.47
0.790.77-0.50.220.770.750.720.780.810.75-0.430.650.81-0.210.52-0.420.760.87-0.540.810.730.860.150.520.84
0.780.8-0.460.320.740.750.750.750.710.76-0.350.70.63-0.440.47-0.490.740.91-0.550.80.680.720.080.470.84
Click cells to compare fundamentals

U Haul Account Relationship Matchups

U Haul fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.7B17.3B18.1B19.1B20.0B
Short Long Term Debt Total5.7B4.8B6.1B6.8B6.3B6.6B
Other Current Liab997.6M(1.1B)(502.3M)875.0M(1.4B)(1.3B)
Total Current Liabilities2.7B2.8B2.8B1.7B51.2M48.6M
Total Stockholder Equity4.2B4.9B5.9B6.5B7.2B7.5B
Property Plant And Equipment Net9.0B9.3B10.3B11.9B13.5B14.2B
Net Debt4.2B3.6B3.4B4.7B4.8B5.0B
Retained Earnings4.4B5.0B6.1B7.0B7.6B8.0B
Cash494.4M1.2B2.7B2.1B1.5B1.6B
Non Current Assets Total12.1B12.6B13.9B15.4B16.7B17.6B
Non Currrent Assets Other175.1M137.5M164.2M(1.1B)121.2M115.2M
Other Assets4.3B4.5B5.4B6.3B7.3B7.6B
Cash And Short Term Investments494.4M1.2B2.7B2.1B1.5B1.6B
Net Receivables221.5M224.4M229.3M189.5M215.9M247.3M
Common Stock Shares Outstanding195.9M195.9M19.6M196.1M176.5M171.8M
Liabilities And Stockholders Equity13.4B14.7B17.3B18.1B19.1B20.0B
Non Current Liabilities Total6.5B7.0B8.6B9.9B10.2B10.7B
Inventory101.1M105.6M158.9M151.5M150.9M86.3M
Other Stockholder Equity(232.7M)(228.4M)(223.8M)(224.0M)(215.1M)(204.3M)
Total Liab9.2B9.8B11.4B11.6B11.9B12.5B
Property Plant And Equipment Gross9.0B9.3B13.4B15.7B19.0B19.9B
Total Current Assets1.4B2.0B3.4B2.7B2.3B1.4B
Accumulated Other Comprehensive Income34.7M106.9M46.4M(267.0M)(223.2M)(212.1M)
Short Term Debt1.1B(645.6M)502.3M587.5M637.3M468.9M
Current Deferred Revenue31.6M42.6M49.2M52.3M51.2M33.4M
Accounts Payable554.4M645.6M677.8M761.0M783.1M394.2M
Other Current Assets562.9M551.7M345.2M341.1M415.8M223.6M
Other Liab3.5B3.9B4.4B4.6B5.3B5.6B
Long Term Debt3.5B3.5B4.7B6.2B4.4B2.3B
Property Plant Equipment7.8B8.3B9.6B11.4B13.1B13.7B
Short Term Investments7.0M7.2M30.9M15.9M997K947.2K
Net Tangible Assets4.2B4.9B5.9B6.5B7.5B7.9B
Retained Earnings Total Equity4.4B5.0B6.1B7.0B8.1B8.5B
Capital Surpluse452.7M453.3M453.8M453.6M521.7M494.2M
Deferred Long Term Liab1.1B1.2B1.3B1.4B1.6B907.6M

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When determining whether U Haul Holding is a strong investment it is important to analyze U Haul'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's future performance. For an informed investment choice regarding UHAL 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 nation.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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
2.27
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.