Univest Ebitda vs Depreciation And Amortization Analysis
UVSP Stock | USD 31.98 0.00 0.00% |
Univest Pennsylvania financial indicator trend analysis is much more than just breaking down Univest Pennsylvania prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Univest Pennsylvania is a good investment. Please check the relationship between Univest Pennsylvania Ebitda and its Depreciation And Amortization accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Univest Pennsylvania. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Univest Stock, please use our How to Invest in Univest Pennsylvania guide.
Ebitda vs Depreciation And Amortization
Ebitda vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Univest Pennsylvania Ebitda account and Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between Univest Pennsylvania's Ebitda and Depreciation And Amortization is 0.24. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Univest Pennsylvania, assuming nothing else is changed. The correlation between historical values of Univest Pennsylvania's Ebitda and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Univest Pennsylvania are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebitda i.e., Univest Pennsylvania's Ebitda and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Univest Pennsylvania's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Univest Pennsylvania 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 Univest Pennsylvania. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Univest Stock, please use our How to Invest in Univest Pennsylvania guide.At this time, Univest Pennsylvania's Selling General Administrative is relatively stable compared to the past year. As of 11/28/2024, Issuance Of Capital Stock is likely to grow to about 2.6 M, though Enterprise Value Multiple is likely to grow to (521.26).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 21.3M | 33.9M | 151.7M | 159.3M | Depreciation And Amortization | 5.6M | 5.8M | 4.6M | 3.6M |
Univest Pennsylvania fundamental ratios Correlations
Click cells to compare fundamentals
Univest Pennsylvania Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Univest Pennsylvania fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.4B | 6.3B | 7.1B | 7.2B | 7.8B | 8.2B | |
Short Long Term Debt Total | 301.2M | 349.1M | 247.4M | 473.6M | 493.6M | 518.3M | |
Other Current Liab | (63.2M) | (52.2M) | (46.1M) | (209.7M) | 12.4M | 11.8M | |
Total Current Liabilities | 63.2M | 52.2M | 46.1M | 191.2M | 41.2M | 39.1M | |
Total Stockholder Equity | 672.6M | 692.5M | 773.8M | 776.5M | 839.2M | 881.2M | |
Property Plant And Equipment Net | 91.1M | 90.0M | 87.3M | 81.0M | 83.2M | 42.3M | |
Net Debt | 176.1M | 111.3M | (662.8M) | 320.8M | 243.8M | 256.0M | |
Retained Earnings | 288.8M | 306.9M | 375.1M | 428.6M | 474.7M | 498.4M | |
Cash | 125.1M | 219.9M | 890.2M | 152.8M | 249.8M | 262.3M | |
Non Current Assets Total | 715.5M | 644.6M | 771.6M | 592.8M | 7.8B | 8.1B | |
Non Currrent Assets Other | (25.6M) | (37.6M) | (31.8M) | (228.3M) | (499.5M) | (474.6M) | |
Other Assets | 4.1B | 5.1B | 4.9B | 6.0B | (239.5M) | (227.5M) | |
Cash And Short Term Investments | 372.1M | 438.5M | 1.2B | 503.1M | 249.8M | 248.5M | |
Common Stock Shares Outstanding | 29.3M | 29.3M | 29.6M | 29.6M | 29.5M | 20.4M | |
Liabilities And Stockholders Equity | 5.4B | 6.3B | 7.1B | 7.2B | 7.8B | 8.2B | |
Non Current Liabilities Total | 282.5M | 331.2M | 227.3M | 3.8B | 6.9B | 7.2B | |
Other Stockholder Equity | 247.8M | 249.9M | 257.2M | 252.2M | 257.4M | 270.2M | |
Total Liab | 4.7B | 5.6B | 6.3B | 6.4B | 6.9B | 7.3B | |
Property Plant And Equipment Gross | 91.1M | 90.0M | 133.9M | 81.0M | 132.6M | 139.2M | |
Total Current Assets | 542.5M | 627.4M | 1.4B | 660.4M | 259.5M | 246.5M | |
Accumulated Other Comprehensive Income | (21.7M) | (22.1M) | (16.4M) | (62.1M) | (50.6M) | (48.1M) | |
Short Term Debt | 18.7M | 55.6M | 53.6M | 125M | 96.0M | 58.3M | |
Net Receivables | 170.5M | 188.9M | 208.9M | 239.5M | 277.6M | 291.4M | |
Other Liab | 724K | 89.9M | 79.5M | 11.1M | 12.8M | 12.1M | |
Accounts Payable | 44.5M | 52.2M | 46.1M | 14.5M | 28.7M | 27.3M | |
Long Term Debt | 244.9M | 293.5M | 193.9M | 243.3M | 458.8M | 481.7M | |
Short Term Investments | 246.9M | 218.6M | 317.0M | 350.3M | (270.8M) | (257.2M) | |
Treasury Stock | (44.7M) | (46.3M) | (41.9M) | (48.6M) | (43.8M) | (46.0M) | |
Intangible Assets | 10.3M | 8.9M | 11.8M | 11.4M | 11.0M | 11.1M | |
Property Plant Equipment | 56.7M | 55.6M | 56.9M | 50.9M | 58.6M | 40.4M | |
Other Current Assets | 153.7M | 255.2M | 921.1M | 213.5M | 9.7M | 9.2M | |
Inventory | (153.7M) | (255.2M) | (921.1M) | 19.3M | (204.8M) | (194.5M) | |
Net Tangible Assets | 492.3M | 511.0M | 773.8M | 589.6M | 678.0M | 441.7M | |
Retained Earnings Total Equity | 288.8M | 306.9M | 375.1M | 428.6M | 492.9M | 252.7M | |
Long Term Debt Total | 244.9M | 293.5M | 193.9M | 243.3M | 279.7M | 193.9M | |
Capital Surpluse | 295.0M | 296.2M | 299.2M | 300.8M | 345.9M | 230.9M | |
Long Term Investments | 4.8B | 5.6B | 5.8B | 507.6M | 500.6M | 475.6M |
Pair Trading with Univest Pennsylvania
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Univest Pennsylvania position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Univest Pennsylvania will appreciate offsetting losses from the drop in the long position's value.Moving together with Univest Stock
Moving against Univest Stock
0.59 | CFG-PE | Citizens Financial | PairCorr |
0.54 | TFC-PR | Truist Financial | PairCorr |
0.53 | TFC-PO | Truist Financial | PairCorr |
0.36 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to Univest Pennsylvania could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Univest Pennsylvania when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Univest Pennsylvania - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Univest Pennsylvania to buy it.
The correlation of Univest Pennsylvania is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Univest Pennsylvania moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Univest Pennsylvania moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Univest Pennsylvania can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Univest Stock Analysis
When running Univest Pennsylvania's price analysis, check to measure Univest Pennsylvania'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 Univest Pennsylvania is operating at the current time. Most of Univest Pennsylvania's value examination focuses on studying past and present price action to predict the probability of Univest Pennsylvania's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Univest Pennsylvania's price. Additionally, you may evaluate how the addition of Univest Pennsylvania to your portfolios can decrease your overall portfolio volatility.