| UHT Stock | | | USD 40.93 0.28 0.69% |
Universal Health financial indicator trend analysis is much more than just breaking down Universal Health Realty prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Health Realty is a good investment. Please check the relationship between Universal Health Capital Stock and its Retained Earnings accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Capital Stock vs Retained Earnings
Capital Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Universal Health Realty Capital Stock account and
Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Universal Health's Capital Stock and Retained Earnings is 0.96. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Universal Health Realty, assuming nothing else is changed. The correlation between historical values of Universal Health's Capital Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Universal Health Realty are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Stock i.e., Universal Health's Capital Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Universal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Health Realty 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 Universal Health Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Universal Health's
Issuance Of Capital Stock is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 36.29 in 2024, whereas
Enterprise Value is likely to drop slightly above 209.1
M in 2024.
Universal Health fundamental ratios Correlations
Click cells to compare fundamentals
Universal Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Health fundamental ratios Accounts
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Additional Tools for Universal Stock Analysis
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measure Universal Health's 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 Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to
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