Universal Common Stock Total Equity vs Property Plant And Equipment Gross Analysis

UVE Stock  USD 22.72  0.26  1.13%   
Universal Insurance financial indicator trend analysis is much more than just breaking down Universal Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Insurance is a good investment. Please check the relationship between Universal Insurance Common Stock Total Equity and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance 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 real.

Common Stock Total Equity vs Property Plant And Equipment Gross

Common Stock Total Equity vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Insurance Common Stock Total Equity account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Universal Insurance's Common Stock Total Equity and Property Plant And Equipment Gross is -0.19. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Universal Insurance Holdings, assuming nothing else is changed. The correlation between historical values of Universal Insurance's Common Stock Total Equity and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Universal Insurance Holdings are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Common Stock Total Equity i.e., Universal Insurance's Common Stock Total Equity and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Property Plant And Equipment Gross

Most indicators from Universal Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Insurance 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 Insurance 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 real.
At present, Universal Insurance's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 2.01, whereas Selling General Administrative is forecasted to decline to about 91.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.2B1.4B1.5B
Total Revenue1.1B1.2B1.4B1.5B

Universal Insurance fundamental ratios Correlations

-0.610.370.680.88-0.640.860.80.680.31-0.160.340.65-0.060.490.980.860.720.85-0.810.240.860.45-0.190.33-0.19
-0.610.03-0.46-0.60.11-0.58-0.41-0.110.170.54-0.52-0.030.56-0.12-0.59-0.52-0.48-0.530.63-0.34-0.59-0.30.270.030.27
0.370.030.320.45-0.490.510.340.620.80.76-0.380.61-0.1-0.110.350.610.00.64-0.570.030.520.39-0.140.95-0.14
0.68-0.460.320.8-0.290.910.210.220.580.05-0.050.180.110.020.540.730.40.61-0.580.680.820.72-0.160.12-0.16
0.88-0.60.450.8-0.470.960.570.520.4-0.080.320.47-0.240.140.820.980.420.75-0.910.260.990.44-0.190.4-0.19
-0.640.11-0.49-0.29-0.47-0.45-0.64-0.95-0.37-0.25-0.04-0.92-0.27-0.45-0.66-0.53-0.46-0.550.41-0.04-0.48-0.240.28-0.480.28
0.86-0.580.510.910.96-0.450.50.470.550.040.120.42-0.130.130.770.940.470.79-0.850.460.970.62-0.20.4-0.2
0.8-0.410.340.210.57-0.640.50.760.06-0.160.420.76-0.120.680.870.610.60.65-0.6-0.250.540.03-0.140.4-0.14
0.68-0.110.620.220.52-0.950.470.760.40.30.080.990.150.430.730.610.410.66-0.53-0.130.520.18-0.220.64-0.22
0.310.170.80.580.4-0.370.550.060.40.82-0.690.410.28-0.070.210.490.120.53-0.320.360.470.68-0.070.63-0.07
-0.160.540.760.05-0.08-0.250.04-0.160.30.82-0.820.320.26-0.2-0.20.08-0.230.160.040.040.00.320.00.680.0
0.34-0.52-0.38-0.050.32-0.040.120.420.08-0.69-0.820.06-0.350.10.40.230.030.04-0.36-0.290.22-0.46-0.05-0.25-0.05
0.65-0.030.610.180.47-0.920.420.760.990.410.320.060.20.460.710.570.390.63-0.49-0.190.470.16-0.140.63-0.14
-0.060.56-0.10.11-0.24-0.27-0.13-0.120.150.280.26-0.350.20.17-0.09-0.270.06-0.080.470.24-0.270.140.08-0.260.08
0.49-0.12-0.110.020.14-0.450.130.680.43-0.07-0.20.10.460.170.560.140.780.2-0.06-0.170.120.03-0.01-0.01-0.01
0.98-0.590.350.540.82-0.660.770.870.730.21-0.20.40.71-0.090.560.820.730.83-0.790.110.790.35-0.180.35-0.18
0.86-0.520.610.730.98-0.530.940.610.610.490.080.230.57-0.270.140.820.370.78-0.940.170.980.42-0.190.59-0.19
0.72-0.480.00.40.42-0.460.470.60.410.12-0.230.030.390.060.780.730.370.58-0.340.360.430.53-0.14-0.02-0.14
0.85-0.530.640.610.75-0.550.790.650.660.530.160.040.63-0.080.20.830.780.58-0.80.360.770.66-0.190.53-0.19
-0.810.63-0.57-0.58-0.910.41-0.85-0.6-0.53-0.320.04-0.36-0.490.47-0.06-0.79-0.94-0.34-0.8-0.14-0.91-0.370.12-0.580.12
0.24-0.340.030.680.26-0.040.46-0.25-0.130.360.04-0.29-0.190.24-0.170.110.170.360.36-0.140.310.76-0.21-0.19-0.21
0.86-0.590.520.820.99-0.480.970.540.520.470.00.220.47-0.270.120.790.980.430.77-0.910.310.5-0.240.46-0.24
0.45-0.30.390.720.44-0.240.620.030.180.680.32-0.460.160.140.030.350.420.530.66-0.370.760.5-0.110.19-0.11
-0.190.27-0.14-0.16-0.190.28-0.2-0.14-0.22-0.070.0-0.05-0.140.08-0.01-0.18-0.19-0.14-0.190.12-0.21-0.24-0.11-0.111.0
0.330.030.950.120.4-0.480.40.40.640.630.68-0.250.63-0.26-0.010.350.59-0.020.53-0.58-0.190.460.19-0.11-0.11
-0.190.27-0.14-0.16-0.190.28-0.2-0.14-0.22-0.070.0-0.05-0.140.08-0.01-0.18-0.19-0.14-0.190.12-0.21-0.24-0.111.0-0.11
Click cells to compare fundamentals

Universal Insurance Account Relationship Matchups

Universal Insurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.1B2.9B1.9B2.0B
Other Current Liab(213.0M)(69.7M)(215.4M)(404.6M)381.6M224.3M
Total Current Liabilities213.0M69.7M215.4M1.5M614.9M645.7M
Total Stockholder Equity493.9M449.3M429.7M287.9M341.3M358.4M
Property Plant And Equipment Net41.4M53.6M53.7M51.4M47.6M50.0M
Net Debt(172.2M)(158.7M)(146.8M)(285.9M)(280.7M)(266.7M)
Retained Earnings573.6M567.5M563.7M517.5M560.7M588.7M
Accounts Payable122.6M10.3M188.7M403.0M212.8M223.5M
Cash182.1M167.2M250.5M388.7M397.3M417.2M
Non Current Assets Total942.7M960.6M1.1B108.7M1.9B2.0B
Non Currrent Assets Other(3.4M)(6.3M)(16.3M)(1.1B)1.7B1.8B
Other Assets338.0M403.6M411.3M1.3B(603.0M)(572.8M)
Cash And Short Term Investments182.1M167.2M250.5M388.7M397.3M417.2M
Common Stock Shares Outstanding34.2M32.0M31.3M30.8M30.1M32.3M
Liabilities And Stockholders Equity1.7B1.8B2.1B2.9B1.9B2.0B
Non Current Liabilities Total9.9M8.5M103.7M2.6B936.6M471.2M
Total Liab1.2B1.3B1.6B2.6B1.6B1.6B
Property Plant And Equipment Gross32.9M35.0M41.4M53.6M61.6M64.7M
Total Current Assets439.2M394.5M501.0M1.5B576.6M334.8M
Short Long Term Debt Total100.3M67.9M129.0M102.8M116.6M122.4M
Other Stockholder Equity(100.5M)(122.1M)(118.9M)(126.2M)(145.7M)(138.4M)
Short Term Debt90.4M59.4M26.8M0.014.6M13.9M
Intangible Assets91.9M110.6M108.8M103.7M110.0M115.5M
Net Receivables257.1M227.3M250.5M69.6M296.2M152.0M
Common Stock Total Equity465K467K468K470K540.5K513.5K
Common Stock467K468K470K472K542.8K515.7K
Accumulated Other Comprehensive Income20.4M3.3M(15.6M)(103.8M)(74.2M)(70.5M)
Other Liab145.1M135.5M76.4M501.4M576.6M605.4M
Other Current Assets390.2M312.5M370.1M(808.9M)576.6M605.4M
Treasury Stock(130.4M)(196.6M)(225.5M)(227.1M)(204.4M)(194.2M)
Property Plant Equipment41.4M53.6M53.7M57.1M65.7M69.0M
Long Term Debt9.9M8.5M103.7M101.3M102.0M107.1M
Short Term Investments855.3M819.9M1.0B1.0B91.2M86.7M
Net Tangible Assets493.9M449.3M427.4M287.9M331.1M364.1M
Retained Earnings Total Equity553.2M573.6M567.5M563.7M648.3M404.6M
Long Term Debt Total9.9M8.5M102.2M101.3M116.5M122.3M
Capital Surpluse96.0M103.4M108.2M112.5M129.4M82.9M
Inventory(390.2M)(312.5M)(370.1M)1.0B(787.7M)(748.3M)
Non Current Liabilities Other1.3B1.2B1.2B1.5B1.7B1.0B

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When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance 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 real.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Property & Casualty Insurance 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 Insurance. 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 Insurance 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
0.301
Dividend Share
0.64
Earnings Share
2.48
Revenue Per Share
52.62
Quarterly Revenue Growth
0.076
The market value of Universal Insurance 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 Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance'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 Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance'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 Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance'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.