Universal Net Income Per E B T vs Net Income Analysis
| UVE Stock | USD 22.63 0.16 0.70% |
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 Net Income Per E B T and its Net Income 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.
Net Income Per E B T vs Net Income
Net Income Per E B T vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Insurance Net Income Per E B T account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Universal Insurance's Net Income Per E B T and Net Income is -0.49. Overlapping area represents the amount of variation of Net Income Per E B T that can explain the historical movement of Net Income 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 Net Income Per E B T and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per E B T of Universal Insurance Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per E B T i.e., Universal Insurance's Net Income Per E B T and Net Income go up and down completely randomly.
Correlation Coefficient | -0.49 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income Per E B T
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Universal Insurance financial statement analysis. It represents the amount of money remaining after all of Universal Insurance Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Profit | 1.0B | 1.2B | 1.4B | 1.5B | Total Revenue | 1.1B | 1.2B | 1.4B | 1.5B |
Universal Insurance fundamental ratios Correlations
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Universal Insurance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Universal Insurance fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 1.8B | 2.1B | 2.9B | 2.3B | 2.4B | |
| Other Current Liab | (213.0M) | (69.7M) | (215.4M) | (404.6M) | 381.6M | 224.3M | |
| Total Current Liabilities | 213.0M | 69.7M | 215.4M | 1.5M | 614.9M | 645.7M | |
| Total Stockholder Equity | 493.9M | 449.3M | 429.7M | 287.9M | 341.3M | 358.4M | |
| Property Plant And Equipment Net | 41.4M | 53.6M | 53.7M | 51.4M | 47.6M | 50.0M | |
| Net Debt | (172.2M) | (158.7M) | (146.8M) | (285.9M) | (280.7M) | (266.7M) | |
| Retained Earnings | 573.6M | 567.5M | 563.7M | 517.5M | 560.7M | 588.7M | |
| Accounts Payable | 122.6M | 10.3M | 188.7M | 403.0M | 212.8M | 223.5M | |
| Cash | 182.1M | 167.2M | 250.5M | 388.7M | 397.3M | 417.2M | |
| Non Current Assets Total | 942.7M | 960.6M | 1.1B | 108.7M | 1.9B | 2.0B | |
| Non Currrent Assets Other | (3.4M) | (6.3M) | (16.3M) | (1.1B) | 1.7B | 1.8B | |
| Other Assets | 338.0M | 403.6M | 411.3M | 1.3B | (94.3M) | (99.0M) | |
| Cash And Short Term Investments | 182.1M | 167.2M | 250.5M | 388.7M | 491.6M | 516.1M | |
| Common Stock Shares Outstanding | 34.2M | 32.0M | 31.3M | 30.8M | 30.1M | 32.3M | |
| Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.1B | 2.9B | 2.3B | 2.4B | |
| Non Current Liabilities Total | 9.9M | 8.5M | 103.7M | 2.6B | 936.6M | 471.2M | |
| Total Liab | 1.2B | 1.3B | 1.6B | 2.6B | 2.0B | 2.1B | |
| Property Plant And Equipment Gross | 32.9M | 35.0M | 41.4M | 53.6M | 61.6M | 64.7M | |
| Total Current Assets | 439.2M | 394.5M | 501.0M | 1.5B | 491.6M | 331.7M | |
| Short Long Term Debt Total | 100.3M | 67.9M | 129.0M | 102.8M | 116.6M | 122.4M | |
| Other Stockholder Equity | (100.5M) | (122.1M) | (118.9M) | (126.2M) | (145.7M) | (138.4M) | |
| Short Term Debt | 90.4M | 59.4M | 26.8M | 0.0 | 14.6M | 13.9M | |
| Intangible Assets | 91.9M | 110.6M | 108.8M | 103.7M | 110.0M | 115.5M | |
| Net Receivables | 257.1M | 227.3M | 250.5M | 69.6M | 296.2M | 152.0M | |
| Common Stock Total Equity | 465K | 467K | 468K | 470K | 540.5K | 513.5K | |
| Common Stock | 467K | 468K | 470K | 472K | 542.8K | 515.7K | |
| Accumulated Other Comprehensive Income | 20.4M | 3.3M | (15.6M) | (103.8M) | (74.2M) | (70.5M) | |
| Other Liab | 145.1M | 135.5M | 76.4M | 501.4M | 576.6M | 605.4M | |
| Other Current Assets | 390.2M | 312.5M | 370.1M | (808.9M) | 576.6M | 605.4M | |
| Treasury Stock | (130.4M) | (196.6M) | (225.5M) | (227.1M) | (204.4M) | (194.2M) | |
| Property Plant Equipment | 41.4M | 53.6M | 53.7M | 57.1M | 65.7M | 69.0M | |
| Long Term Debt | 9.9M | 8.5M | 103.7M | 101.3M | 102.0M | 107.1M | |
| Short Term Investments | 855.3M | 819.9M | 1.0B | 1.0B | 91.2M | 86.7M | |
| Net Tangible Assets | 493.9M | 449.3M | 427.4M | 287.9M | 331.1M | 364.1M | |
| Retained Earnings Total Equity | 553.2M | 573.6M | 567.5M | 563.7M | 648.3M | 404.6M | |
| Long Term Debt Total | 9.9M | 8.5M | 102.2M | 101.3M | 116.5M | 122.3M | |
| Capital Surpluse | 96.0M | 103.4M | 108.2M | 112.5M | 129.4M | 82.9M | |
| Inventory | (390.2M) | (312.5M) | (370.1M) | 1.0B | (787.7M) | (748.3M) | |
| Non Current Liabilities Other | 1.3B | 1.2B | 1.2B | 1.5B | 1.7B | 1.0B |
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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 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.