UWM Total Current Assets vs Common Stock Shares Outstanding Analysis

UWMC Stock  USD 6.42  0.27  4.39%   
UWM Holdings financial indicator trend analysis is much more than just breaking down UWM Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UWM Holdings Corp is a good investment. Please check the relationship between UWM Holdings Total Current Assets 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 UWM Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UWM Holdings Corp Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between UWM Holdings' Total Current Assets and Common Stock Shares Outstanding is 0.26. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of UWM Holdings Corp, assuming nothing else is changed. The correlation between historical values of UWM Holdings' Total Current Assets 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 Total Current Assets of UWM Holdings Corp 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 Total Current Assets i.e., UWM Holdings' Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 UWM Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UWM Holdings Corp 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 UWM Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, UWM Holdings' Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2023 2024 (projected)
Gross Profit1.7B1.9B2.1B
Total Revenue1.8B2.2B2.2B

UWM Holdings fundamental ratios Correlations

-0.960.82-0.39-0.140.860.93-0.320.770.960.63-0.490.970.93-0.64-0.490.4-0.69-0.411.0-0.50.880.810.940.890.69
-0.96-0.880.430.09-0.77-0.930.37-0.86-0.89-0.540.38-0.93-0.860.70.33-0.310.580.3-0.970.43-0.77-0.75-0.98-0.77-0.81
0.82-0.88-0.250.280.590.81-0.190.810.680.46-0.30.770.63-0.51-0.07-0.09-0.32-0.050.85-0.30.530.50.930.550.9
-0.390.43-0.250.12-0.7-0.661.0-0.34-0.45-0.490.31-0.22-0.450.890.43-0.680.780.81-0.37-0.43-0.56-0.68-0.37-0.54-0.17
-0.140.090.280.12-0.26-0.10.09-0.16-0.310.240.1-0.23-0.360.240.26-0.690.260.37-0.10.14-0.36-0.510.01-0.220.24
0.86-0.770.59-0.7-0.260.91-0.640.580.910.65-0.610.760.9-0.8-0.650.69-0.92-0.80.83-0.140.960.940.730.930.38
0.93-0.930.81-0.66-0.10.91-0.610.820.880.68-0.420.830.86-0.83-0.460.49-0.76-0.550.93-0.170.840.880.920.850.7
-0.320.37-0.191.00.09-0.64-0.61-0.3-0.38-0.460.26-0.15-0.370.860.39-0.650.730.78-0.3-0.48-0.49-0.62-0.31-0.47-0.13
0.77-0.860.81-0.34-0.160.580.82-0.30.630.40.040.710.59-0.59-0.010.26-0.29-0.090.8-0.150.490.680.910.480.9
0.96-0.890.68-0.45-0.310.910.88-0.380.630.53-0.660.951.0-0.69-0.610.53-0.8-0.580.94-0.510.960.860.820.930.48
0.63-0.540.46-0.490.240.650.68-0.460.40.53-0.120.460.47-0.4-0.620.39-0.67-0.440.64-0.110.560.540.580.750.43
-0.490.38-0.30.310.1-0.61-0.420.260.04-0.66-0.12-0.54-0.70.470.58-0.220.660.63-0.440.32-0.72-0.44-0.26-0.620.11
0.97-0.930.77-0.22-0.230.760.83-0.150.710.950.46-0.540.94-0.54-0.470.31-0.59-0.310.96-0.670.840.730.880.830.63
0.93-0.860.63-0.45-0.360.90.86-0.370.591.00.47-0.70.94-0.7-0.630.54-0.8-0.610.9-0.510.970.860.780.920.42
-0.640.7-0.510.890.24-0.8-0.830.86-0.59-0.69-0.40.47-0.54-0.70.46-0.590.780.74-0.62-0.16-0.71-0.82-0.62-0.66-0.39
-0.490.33-0.070.430.26-0.65-0.460.39-0.01-0.61-0.620.58-0.47-0.630.46-0.570.830.75-0.450.26-0.69-0.6-0.24-0.80.14
0.4-0.31-0.09-0.68-0.690.690.49-0.650.260.530.39-0.220.310.54-0.59-0.57-0.76-0.790.350.070.670.790.230.61-0.1
-0.690.58-0.320.780.26-0.92-0.760.73-0.29-0.8-0.670.66-0.59-0.80.780.83-0.760.92-0.650.1-0.9-0.84-0.49-0.91-0.09
-0.410.3-0.050.810.37-0.8-0.550.78-0.09-0.58-0.440.63-0.31-0.610.740.75-0.790.92-0.36-0.2-0.75-0.76-0.2-0.710.19
1.0-0.970.85-0.37-0.10.830.93-0.30.80.940.64-0.440.960.9-0.62-0.450.35-0.65-0.36-0.50.840.790.960.870.74
-0.50.43-0.3-0.430.14-0.14-0.17-0.48-0.15-0.51-0.110.32-0.67-0.51-0.160.260.070.1-0.2-0.5-0.37-0.1-0.38-0.41-0.23
0.88-0.770.53-0.56-0.360.960.84-0.490.490.960.56-0.720.840.97-0.71-0.690.67-0.9-0.750.84-0.370.90.690.950.29
0.81-0.750.5-0.68-0.510.940.88-0.620.680.860.54-0.440.730.86-0.82-0.60.79-0.84-0.760.79-0.10.90.70.850.38
0.94-0.980.93-0.370.010.730.92-0.310.910.820.58-0.260.880.78-0.62-0.240.23-0.49-0.20.96-0.380.690.70.720.89
0.89-0.770.55-0.54-0.220.930.85-0.470.480.930.75-0.620.830.92-0.66-0.80.61-0.91-0.710.87-0.410.950.850.720.34
0.69-0.810.9-0.170.240.380.7-0.130.90.480.430.110.630.42-0.390.14-0.1-0.090.190.74-0.230.290.380.890.34
Click cells to compare fundamentals

UWM Holdings Account Relationship Matchups

UWM Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B150K22.5B13.6B11.9B10.5B
Other Current Liab316.9M(16.8B)(7.2B)(7.3B)(3.9B)(4.1B)
Total Current Liabilities447.9M17.0B439.7M7.6B2.1B2.0B
Total Stockholder Equity319.1M412.5K142.4M143.6M112.6M125.1M
Net Tangible Assets(70.0M)617.4M(3.2B)143.6M129.2M135.7M
Property Plant And Equipment Net48.6M140.9M256.5M256.7M274.7M194.0M
Net Debt(42.1M)5.7B17.4B8.7B8.2B7.6B
Retained Earnings294.2M(14.0K)141.8M142.5M110.7M118.9M
Accounts Payable250.0M847.7M439.7M138.7M167.9M159.5M
Cash42.1M1.1K731.1M704.9M497.5M432.0M
Non Current Assets Total416.7M886.3M3.7B298.9M4.6B4.8B
Non Currrent Assets Other14.1M(425.6M)(4.5B)(18.1B)(4.4B)(4.7B)
Other Assets10.5M(6.7B)17.6B12.1B5.4B6.4B
Cash And Short Term Investments42.1M1.1K731.1M818.2M497.5M467.6M
Net Receivables22.9M276.5M425.4M383.1M1.4B790.3M
Non Current Liabilities Total5.5B2.2B10.0B2.2B7.6B4.7B
Other Current Assets412.5K238.9M(1.1B)(1.4B)(1.9B)(1.8B)
Total Liab2.8B1.2K19.4B10.4B9.4B8.5B
Total Current Assets2.7B5.8B1.2B1.2B1.9B1.8B
Intangible Assets368.1M731.4M3.3B4.5B4.0B2.8B
Property Plant Equipment140.9M223.6M313.5M152.5M175.3M161.3M

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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 UWM Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UWM Holdings' 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 Uwm Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uwm Holdings Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UWM Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Commercial & Residential Mortgage Finance 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 UWM Holdings. If investors know UWM 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 UWM Holdings 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
(0.62)
Dividend Share
0.4
Earnings Share
(0.23)
Revenue Per Share
28.467
Quarterly Revenue Growth
0.665
The market value of UWM Holdings Corp is measured differently than its book value, which is the value of UWM that is recorded on the company's balance sheet. Investors also form their own opinion of UWM Holdings' value that differs from its market value or its book value, called intrinsic value, which is UWM Holdings' 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 UWM Holdings' market value can be influenced by many factors that don't directly affect UWM Holdings' 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 UWM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if UWM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UWM Holdings' 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.