Universal Cash vs Common Stock Shares Outstanding Analysis
ULH Stock | USD 49.14 1.35 2.82% |
Universal Logistics financial indicator trend analysis is much more than just breaking down Universal Logistics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Logistics is a good investment. Please check the relationship between Universal Logistics Cash and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Logistics Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Universal Logistics' Cash and Common Stock Shares Outstanding is 0.2. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Universal Logistics Holdings, assuming nothing else is changed. The correlation between historical values of Universal Logistics' Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Universal Logistics Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Universal Logistics' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Universal Logistics, which is listed under current asset account on Universal Logistics Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Universal Logistics customers. The amounts must be unrestricted with restricted cash listed in a different Universal Logistics account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Universal Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Logistics 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 Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of now, Universal Logistics' Selling General Administrative is increasing as compared to previous years. The Universal Logistics' current Enterprise Value Over EBITDA is estimated to increase to 8.03, while Tax Provision is projected to decrease to under 23.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Income Before Tax | 98.6M | 225.4M | 124.3M | 130.5M | Total Operating Expenses | 112.4M | 109.6M | 51.8M | 49.2M |
Universal Logistics fundamental ratios Correlations
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Universal Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Logistics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 970.5M | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | |
Total Stockholder Equity | 205.2M | 239.6M | 302.2M | 446.9M | 532.2M | 558.8M | |
Other Assets | 4.6M | 97.2M | 371.2M | 8.4M | 10.1M | 9.6M | |
Common Stock Shares Outstanding | 28.1M | 27M | 26.9M | 26.5M | 26.3M | 23.1M | |
Liabilities And Stockholders Equity | 970.5M | 1.1B | 1.1B | 1.2B | 1.3B | 1.3B | |
Other Stockholder Equity | (72.9M) | (77.9M) | (77.7M) | (91.9M) | (91.7M) | (87.2M) | |
Total Liab | 765.3M | 823.5M | 835.3M | 756.7M | 731.4M | 768.0M | |
Short Long Term Debt Total | 485.1M | 482.0M | 451.9M | 472.0M | 475.5M | 499.3M | |
Other Current Liab | 191.4M | 213.1M | 251.6M | 92.2M | 89.3M | 83.5M | |
Total Current Liabilities | 191.4M | 213.1M | 251.6M | 221.6M | 260.4M | 273.4M | |
Property Plant And Equipment Net | 339.8M | 364.8M | 345.6M | 391.2M | 652.7M | 685.3M | |
Net Debt | 449.9M | 451.4M | 413.4M | 424.8M | 463.0M | 486.2M | |
Retained Earnings | 251.2M | 293.6M | 356.1M | 513.6M | 595.5M | 625.2M | |
Accounts Payable | 91.9M | 97.9M | 117.8M | 87.1M | 64.1M | 57.1M | |
Cash | 7.7M | 8.8M | 13.9M | 47.2M | 12.5M | 9.6M | |
Non Current Assets Total | 698.7M | 741.5M | 716.8M | 744.0M | 892.4M | 937.1M | |
Non Currrent Assets Other | 358.9M | 376.7M | 371.2M | 106.8M | 7.7M | 7.3M | |
Long Term Debt | 398.1M | 460.1M | 427.3M | 378.5M | 311.2M | 195.2M | |
Cash And Short Term Investments | 17.1M | 15.3M | 22.0M | 57.2M | 23.3M | 21.4M | |
Net Receivables | 210.5M | 259.2M | 341.4M | 350.7M | 289.4M | 159.4M | |
Common Stock Total Equity | 31.0M | 31.0M | 31.0M | 31.0M | 35.6M | 26.6M | |
Non Current Liabilities Total | 574.0M | 610.4M | 583.7M | 535.2M | 460.9M | 245.7M | |
Inventory | 7.2M | 8.3M | 14.1M | 11.4M | 12.4M | 7.0M | |
Other Current Assets | 44.2M | 47.1M | 57.3M | 38.6M | 36.0M | 30.6M | |
Property Plant And Equipment Gross | 427.0M | 462.6M | 785.3M | 843.1M | 1.0B | 1.1B | |
Total Current Assets | 271.8M | 321.5M | 420.7M | 459.7M | 361.1M | 212.8M | |
Accumulated Other Comprehensive Income | (4.0M) | (7.2M) | (7.1M) | (5.8M) | (2.5M) | (2.6M) | |
Short Term Debt | 87.0M | 81.6M | 85.7M | 93.5M | 100.7M | 56.2M | |
Intangible Assets | 116.1M | 102.2M | 88.3M | 74.0M | 61.3M | 44.9M | |
Common Stock | 31.0M | 31.0M | 31.0M | 31.0M | 31.0M | 25.7M | |
Property Plant Equipment | 339.8M | 462.6M | 345.6M | 391.2M | 449.8M | 472.3M | |
Other Liab | 71.4M | 72.2M | 156.4M | 79.1M | 90.9M | 95.5M | |
Short Term Investments | 9.4M | 6.5M | 8.0M | 10M | 10.8M | 9.9M | |
Treasury Stock | (52.5M) | (77.2M) | (82.4M) | (96.7M) | (87.0M) | (82.7M) | |
Net Tangible Assets | (79.3M) | (33.4M) | 302.2M | 202.2M | 232.6M | 244.2M | |
Retained Earnings Total Equity | 251.2M | 293.6M | 356.1M | 513.6M | 590.6M | 620.2M | |
Capital Surpluse | 4.3M | 4.5M | 4.6M | 4.9M | 4.4M | 8.4M | |
Deferred Long Term Liab | 65.7M | 64.4M | 61.3M | 69.6M | 80.0M | 47.5M | |
Non Current Liabilities Other | 67.4M | 150.3M | 156.4M | 156.7M | 6.5M | 6.2M |
Currently Active Assets on Macroaxis
When determining whether Universal Logistics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Logistics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Logistics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Logistics Holdings Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Logistics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 Universal Logistics. If investors know Universal 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 Universal Logistics 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 0.15 | Dividend Share 0.42 | Earnings Share 4.98 | Revenue Per Share 67.353 | Quarterly Revenue Growth 0.013 |
The market value of Universal Logistics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Logistics' value that differs from its market value or its book value, called intrinsic value, which is Universal Logistics' 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 Universal Logistics' market value can be influenced by many factors that don't directly affect Universal Logistics' 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 Universal Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Logistics' 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.