| UHT Stock | | | USD 40.65 0.48 1.19% |
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 Long Term Debt and its Net Tangible Assets 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Universal Health Realty Long Term Debt account and
Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Universal Health's Long Term Debt and Net Tangible Assets is -0.28. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible 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 Long Term Debt of Universal Health Realty are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Universal Health's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Universal Health Realty has held for over one year. Long-term debt appears on Universal Health Realty balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Universal Health Realty balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.
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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