United Total Current Assets vs Net Working Capital Analysis

UHGWW Stock

1.01 0.03 3.06%

United Homes financial indicator trend analysis is much more than just breaking down United Homes Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Homes Group is a good investment. Please check the relationship between United Homes Total Current Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Homes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Homes Group Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between United Homes' Total Current Assets and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of United Homes Group, assuming nothing else is changed. The correlation between historical values of United Homes' Total Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of United Homes Group are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., United Homes' Total Current Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Working Capital

Most indicators from United Homes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Homes Group 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 Homes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Selling General Administrative is likely to drop to about 46.2 M in 2024. Tax Provision is likely to drop to about 1.6 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	100.6M	118.8M	79.7M	92.7M
Total Revenue	432.9M	477.0M	421.5M	424.8M

Gross Profit Total Revenue

United Homes fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Inventory	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Net Working Capital	Total Stockholder Equity	Capital Stock	Retained Earnings	Long Term Debt
Total Assets		0.82	0.88	0.83	0.97	0.63	0.92	0.98	0.83	0.5	0.95	0.96	0.74	0.98	0.55	1.0	0.96	-0.85	-0.87	-0.83	-0.7
Total Current Liabilities	0.82		0.65	0.86	0.7	0.28	0.72	0.89	0.98	0.5	0.94	0.62	0.99	0.72	0.93	0.83	0.61	-0.56	-0.82	-0.53	-0.54
Property Plant And Equipment Net	0.88	0.65		0.73	0.87	0.58	0.99	0.83	0.62	0.79	0.81	0.89	0.52	0.89	0.39	0.88	0.88	-0.99	-0.87	-0.99	-0.94
Net Debt	0.83	0.86	0.73		0.66	0.1	0.77	0.92	0.78	0.42	0.95	0.74	0.78	0.84	0.75	0.83	0.7	-0.66	-0.97	-0.62	-0.55
Accounts Payable	0.97	0.7	0.87	0.66		0.81	0.89	0.89	0.76	0.49	0.84	0.95	0.63	0.93	0.39	0.96	0.97	-0.86	-0.73	-0.86	-0.71
Cash	0.63	0.28	0.58	0.1	0.81		0.58	0.47	0.42	0.33	0.39	0.67	0.25	0.57	-0.03	0.63	0.74	-0.62	-0.22	-0.65	-0.51
Non Current Assets Total	0.92	0.72	0.99	0.77	0.89	0.58		0.88	0.7	0.78	0.86	0.9	0.61	0.91	0.47	0.92	0.89	-0.98	-0.9	-0.97	-0.92
Non Currrent Assets Other	0.98	0.89	0.83	0.92	0.89	0.47	0.88		0.88	0.45	0.99	0.9	0.82	0.96	0.68	0.98	0.89	-0.78	-0.92	-0.75	-0.63
Net Receivables	0.83	0.98	0.62	0.78	0.76	0.42	0.7	0.88		0.44	0.91	0.63	0.98	0.71	0.89	0.85	0.64	-0.54	-0.74	-0.51	-0.5
Common Stock Shares Outstanding	0.5	0.5	0.79	0.42	0.49	0.33	0.78	0.45	0.44		0.49	0.44	0.41	0.46	0.39	0.51	0.43	-0.78	-0.62	-0.78	-0.95
Inventory	0.95	0.94	0.81	0.95	0.84	0.39	0.86	0.99	0.91	0.49		0.84	0.87	0.91	0.77	0.95	0.82	-0.74	-0.94	-0.71	-0.63
Total Liab	0.96	0.62	0.89	0.74	0.95	0.67	0.9	0.9	0.63	0.44	0.84		0.51	0.99	0.3	0.95	1.0	-0.89	-0.81	-0.89	-0.69
Net Invested Capital	0.74	0.99	0.52	0.78	0.63	0.25	0.61	0.82	0.98	0.41	0.87	0.51		0.62	0.95	0.76	0.51	-0.43	-0.71	-0.39	-0.42
Property Plant And Equipment Gross	0.98	0.72	0.89	0.84	0.93	0.57	0.91	0.96	0.71	0.46	0.91	0.99	0.62		0.44	0.97	0.97	-0.87	-0.89	-0.86	-0.69
Short Long Term Debt	0.55	0.93	0.39	0.75	0.39	-0.03	0.47	0.68	0.89	0.39	0.77	0.3	0.95	0.44		0.57	0.28	-0.28	-0.66	-0.23	-0.34
Total Current Assets	1.0	0.83	0.88	0.83	0.96	0.63	0.92	0.98	0.85	0.51	0.95	0.95	0.76	0.97	0.57		0.95	-0.85	-0.87	-0.83	-0.7
Net Working Capital	0.96	0.61	0.88	0.7	0.97	0.74	0.89	0.89	0.64	0.43	0.82	1.0	0.51	0.97	0.28	0.95		-0.88	-0.77	-0.88	-0.69
Total Stockholder Equity	-0.85	-0.56	-0.99	-0.66	-0.86	-0.62	-0.98	-0.78	-0.54	-0.78	-0.74	-0.89	-0.43	-0.87	-0.28	-0.85	-0.88		0.82	1.0	0.94
Capital Stock	-0.87	-0.82	-0.87	-0.97	-0.73	-0.22	-0.9	-0.92	-0.74	-0.62	-0.94	-0.81	-0.71	-0.89	-0.66	-0.87	-0.77	0.82		0.78	0.74
Retained Earnings	-0.83	-0.53	-0.99	-0.62	-0.86	-0.65	-0.97	-0.75	-0.51	-0.78	-0.71	-0.89	-0.39	-0.86	-0.23	-0.83	-0.88	1.0	0.78		0.94
Long Term Debt	-0.7	-0.54	-0.94	-0.55	-0.71	-0.51	-0.92	-0.63	-0.5	-0.95	-0.63	-0.69	-0.42	-0.69	-0.34	-0.7	-0.69	0.94	0.74	0.94

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Additional Tools for United Stock Analysis

When running United Homes' price analysis, check to measure United Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Homes is operating at the current time. Most of United Homes' value examination focuses on studying past and present price action to predict the probability of United Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Homes' price. Additionally, you may evaluate how the addition of United Homes to your portfolios can decrease your overall portfolio volatility.

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United Total Current Assets vs Net Working Capital Analysis

Total Current Assets vs Net Working Capital

Total Current Assets vs Net Working Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Working Capital

United Homes fundamental ratios Correlations

United Homes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Liab
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Non Currrent Assets Other

Retained Earnings	- 0.99	Property Plant And Equipment Net
Total Stockholder Equity	- 0.99	Property Plant And Equipment Net
Total Stockholder Equity	- 0.98	Non Current Assets Total
Retained Earnings	- 0.97	Non Current Assets Total
Capital Stock	- 0.97	Net Debt
Long Term Debt	- 0.95	Common Stock Shares Outstanding