USANA Intangible Assets vs Accounts Payable Analysis

USNA Stock  USD 39.92  0.02  0.05%   
USANA Health financial indicator trend analysis is much more than just breaking down USANA Health Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether USANA Health Sciences is a good investment. Please check the relationship between USANA Health Intangible Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USANA Health Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Accounts Payable

Intangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of USANA Health Sciences Intangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between USANA Health's Intangible Assets and Accounts Payable is 0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of USANA Health Sciences, assuming nothing else is changed. The correlation between historical values of USANA Health's Intangible Assets 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 Intangible Assets of USANA Health Sciences 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 Intangible Assets i.e., USANA Health's Intangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accounts Payable

An accounting item on the balance sheet that represents USANA Health 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 USANA Health Sciences 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 USANA Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into USANA Health Sciences 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 USANA Health Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, USANA Health's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.36, whereas Selling General Administrative is forecasted to decline to about 220.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit968.6M804.7M744.3M475.7M
Total Revenue1.2B998.6M921.0M585.9M

USANA Health fundamental ratios Correlations

-0.9-0.71-0.89-0.86-0.930.85-0.84-0.82-0.82-0.95-0.7-0.81-0.87-0.32-0.7-0.91-0.66-0.86-0.53-0.78-0.320.73-0.75-0.010.73
-0.90.60.790.990.81-0.970.980.770.960.770.790.970.780.220.580.810.780.990.610.650.29-0.680.690.06-0.68
-0.710.60.890.510.88-0.490.440.690.430.810.140.440.780.770.920.860.170.550.310.850.8-0.710.440.57-0.71
-0.890.790.890.70.95-0.710.660.870.660.910.450.680.960.50.810.990.340.770.30.820.54-0.680.710.25-0.68
-0.860.990.510.70.74-0.970.990.690.980.70.820.980.70.150.510.720.850.980.660.580.22-0.640.630.02-0.64
-0.930.810.880.950.74-0.730.70.820.680.960.450.680.90.50.860.940.470.760.480.840.52-0.760.660.26-0.77
0.85-0.97-0.49-0.71-0.97-0.73-0.98-0.72-1.0-0.68-0.85-0.99-0.69-0.05-0.47-0.73-0.82-0.98-0.57-0.51-0.150.52-0.680.10.52
-0.840.980.440.660.990.7-0.980.660.980.660.850.980.670.060.440.680.870.980.630.520.14-0.570.62-0.06-0.57
-0.820.770.690.870.690.82-0.720.660.680.840.590.670.890.230.630.910.320.740.330.650.26-0.650.9-0.02-0.65
-0.820.960.430.660.980.68-1.00.980.680.630.870.990.640.00.410.680.850.970.580.470.11-0.50.66-0.12-0.5
-0.950.770.810.910.70.96-0.680.660.840.630.510.620.870.460.810.910.460.70.50.860.44-0.80.70.14-0.8
-0.70.790.140.450.820.45-0.850.850.590.870.510.830.46-0.240.120.50.820.790.50.27-0.22-0.350.69-0.44-0.35
-0.810.970.440.680.980.68-0.990.980.670.990.620.830.670.040.440.70.820.990.570.460.15-0.50.64-0.05-0.5
-0.870.780.780.960.70.9-0.690.670.890.640.870.460.670.360.70.970.30.760.270.740.4-0.640.750.14-0.64
-0.320.220.770.50.150.5-0.050.060.230.00.46-0.240.040.360.780.44-0.060.160.260.720.95-0.660.00.85-0.66
-0.70.580.920.810.510.86-0.470.440.630.410.810.120.440.70.780.780.220.540.50.780.79-0.770.40.6-0.77
-0.910.810.860.990.720.94-0.730.680.910.680.910.50.70.970.440.780.360.780.310.790.47-0.680.780.18-0.68
-0.660.780.170.340.850.47-0.820.870.320.850.460.820.820.3-0.060.220.360.770.630.35-0.05-0.430.36-0.2-0.43
-0.860.990.550.770.980.76-0.980.980.740.970.70.790.990.760.160.540.780.770.570.570.25-0.590.670.03-0.59
-0.530.610.310.30.660.48-0.570.630.330.580.50.50.570.270.260.50.310.630.570.340.26-0.640.290.2-0.64
-0.780.650.850.820.580.84-0.510.520.650.470.860.270.460.740.720.780.790.350.570.340.68-0.840.420.46-0.84
-0.320.290.80.540.220.52-0.150.140.260.110.44-0.220.150.40.950.790.47-0.050.250.260.68-0.59-0.010.9-0.58
0.73-0.68-0.71-0.68-0.64-0.760.52-0.57-0.65-0.5-0.8-0.35-0.5-0.64-0.66-0.77-0.68-0.43-0.59-0.64-0.84-0.59-0.51-0.441.0
-0.750.690.440.710.630.66-0.680.620.90.660.70.690.640.750.00.40.780.360.670.290.42-0.01-0.51-0.29-0.51
-0.010.060.570.250.020.260.1-0.06-0.02-0.120.14-0.44-0.050.140.850.60.18-0.20.030.20.460.9-0.44-0.29-0.44
0.73-0.68-0.71-0.68-0.64-0.770.52-0.57-0.65-0.5-0.8-0.35-0.5-0.64-0.66-0.77-0.68-0.43-0.59-0.64-0.84-0.581.0-0.51-0.44
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USANA Health Account Relationship Matchups

USANA Health fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding22.8M21.3M20.3M19.3M19.3M27.4M
Total Assets516.9M640.9M577.7M596.5M632.8M664.4M
Other Current Liab101.4M105.0M104.0M88.8M83.5M57.3M
Total Current Liabilities136.1M168.1M160.8M143.8M118.8M76.4M
Total Stockholder Equity351.7M441.7M395.1M434.5M497.2M522.1M
Property Plant And Equipment Net95.2M100.4M101.8M97.8M99.8M60.0M
Net Debt(226.5M)(303.3M)(232.8M)(281.5M)(317.2M)(301.4M)
Retained Earnings306.1M382.8M344.6M391.6M445.2M467.5M
Accounts Payable12.5M18.2M13.5M11.0M10.1M8.2M
Cash234.8M311.9M239.8M288.4M330.4M346.9M
Non Current Assets Total187.7M215.6M212.6M212.2M215.0M110.8M
Non Currrent Assets Other40.0M59.3M34.1M51.9M54.9M57.6M
Cash And Short Term Investments234.8M311.9M239.8M288.4M330.4M346.9M
Liabilities And Stockholders Equity516.9M640.9M577.7M596.5M632.8M664.4M
Inventory68.9M90.2M98.3M67.1M61.5M40.7M
Other Current Assets25.5M15.7M19.8M21.7M18.7M16.4M
Other Stockholder Equity59.4M62.5M50.0M55.6M65.7M36.1M
Total Liab165.2M199.2M182.6M162.1M135.6M88.4M
Property Plant And Equipment Gross126.5M100.4M101.8M222.5M228.8M240.2M
Total Current Assets329.3M425.3M365.1M384.4M417.7M438.6M
Accumulated Other Comprehensive Income(13.9M)(3.6M)458K(12.8M)(13.7M)(13.0M)
Current Deferred Revenue13.9M16.0M19.6M20.9M13.9M12.0M
Net Receivables8.8M7.4M7.2M7.2M7.2M7.0M
Non Current Liabilities Total29.1M31.2M21.8M18.2M16.7M12.9M
Short Term Debt8.3M8.6M7.1M6.9M8.1M11.9M
Other Assets26.2M67.0M62.7M50.7M1.00.95
Property Plant Equipment95.2M100.4M101.8M111.7M128.4M68.0M
Other Liab11.9M12.0M21.8M10.6M12.1M7.1M
Good Will16.6M17.4M17.7M17.4M17.1M14.8M
Intangible Assets29.8M30.8M30.4M32.4M29.9M28.3M
Net Tangible Assets305.2M441.7M347.0M384.7M442.4M297.1M
Retained Earnings Total Equity329.5M306.1M382.8M344.6M396.3M258.5M
Capital Surpluse72.0M59.4M62.5M50.0M57.5M67.0M
Deferred Long Term Liab13.4M10.3M12.0M7.5M8.6M10.3M
Non Current Liabilities Other18.8M19.2M14.3M14.2M12.2M7.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether USANA Health Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of USANA Health's 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 Usana Health Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Usana Health Sciences Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in USANA Health Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Personal Care Products 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 USANA Health. If investors know USANA 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 USANA Health 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
(0.06)
Earnings Share
2.83
Revenue Per Share
45.085
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0809
The market value of USANA Health Sciences is measured differently than its book value, which is the value of USANA that is recorded on the company's balance sheet. Investors also form their own opinion of USANA Health's value that differs from its market value or its book value, called intrinsic value, which is USANA Health'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 USANA Health's market value can be influenced by many factors that don't directly affect USANA Health'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 USANA Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if USANA Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, USANA Health'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.