Universal Retained Earnings from 2010 to 2024

USAP Stock

USD 44.41 0.01 0.02%

Universal Stainless Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to drop to about 94.3 M. Retained Earnings is the cumulative amount of net income that Universal Stainless Alloy retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1994-12-31

Previous Quarter

140.5 M

Current Value

151.6 M

Quarterly Volatility

55.1 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Universal Stainless financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Stainless' main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.4 M, Interest Expense of 8.8 M or Total Revenue of 171.5 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.21. Universal financial statements analysis is a perfect complement when working with Universal Stainless Valuation or Volatility modules.

Check out the analysis of Universal Stainless Correlation against competitors.

Latest Universal Stainless' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Universal Stainless Alloy over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Universal Stainless' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Stainless' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 127.52 M

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Retained Earnings

Timeline

Universal Retained Earnings Regression Statistics

	Arithmetic Mean	125,971,675
	Coefficient Of Variation	30.66
	Mean Deviation	21,796,253
	Median	132,431,000
	Standard Deviation	38,617,490
	Sample Variance	1491.3T
	Range	155.6M
	R-Value	0.16
	Mean Square Error	1567.1T
	R-Squared	0.02
	Significance	0.58
	Slope	1,343,503
	Total Sum of Squares	20878.3T

Universal Retained Earnings History

	2024	94.3 M
	2023	127.5 M
	2022	122.6 M
	2021	130.7 M
	2020	131.4 M
	2019	150.5 M
	2018	146.2 M

Other Fundumenentals of Universal Stainless Alloy

Retained Earnings Total Equity

Universal Stainless Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	0.74	0.96	0.57	0.78	0.88	0.87	0.15	0.76	-0.72	0.42	0.93	0.59	0.33	-0.01	0.29	-0.22	-0.06	-0.01	0.18	0.18
Total Stockholder Equity	0.92		0.54	0.91	0.62	0.69	0.63	0.9	0.37	0.51	-0.83	0.66	0.82	0.44	0.61	-0.32	0.57	-0.47	0.15	-0.07	0.32	0.13
Net Debt	0.74	0.54		0.69	0.2	0.58	0.84	0.55	-0.11	0.91	-0.5	0.12	0.76	0.37	0.01	0.37	-0.03	-0.08	-0.21	-0.18	0.18	-0.21
Retained Earnings	0.96	0.91	0.69		0.46	0.65	0.82	0.75	0.22	0.68	-0.8	0.33	0.96	0.52	0.27	-0.14	0.18	-0.21	0.02	0.09	0.01	0.2
Accounts Payable	0.57	0.62	0.2	0.46		0.8	0.39	0.8	-0.03	0.23	-0.38	0.64	0.33	0.67	0.58	-0.18	0.56	-0.37	-0.22	-0.05	0.52	0.02
Net Receivables	0.78	0.69	0.58	0.65	0.8		0.73	0.86	-0.04	0.57	-0.31	0.52	0.6	0.78	0.43	0.06	0.4	-0.12	-0.2	0.11	0.43	-0.14
Total Liab	0.88	0.63	0.84	0.82	0.39	0.73		0.64	-0.15	0.92	-0.42	0.03	0.86	0.64	-0.09	0.39	-0.13	0.15	-0.3	0.07	-0.05	0.2
Total Current Assets	0.87	0.9	0.55	0.75	0.8	0.86	0.64		0.17	0.55	-0.61	0.74	0.65	0.57	0.65	-0.1	0.65	-0.4	-0.03	-0.18	0.57	0.02
Short Term Debt	0.15	0.37	-0.11	0.22	-0.03	-0.04	-0.15	0.17		-0.27	-0.37	0.41	0.14	-0.29	0.34	-0.67	0.39	-0.37	0.96	0.11	-0.08	0.05
Long Term Debt	0.76	0.51	0.91	0.68	0.23	0.57	0.92	0.55	-0.27		-0.38	0.01	0.77	0.41	-0.13	0.59	-0.13	0.09	-0.39	-0.12	0.06	0.12
Treasury Stock	-0.72	-0.83	-0.5	-0.8	-0.38	-0.31	-0.42	-0.61	-0.37	-0.38		-0.47	-0.72	-0.15	-0.46	0.43	-0.39	0.59	-0.18	0.2	-0.18	-0.08
Common Stock	0.42	0.66	0.12	0.33	0.64	0.52	0.03	0.74	0.41	0.01	-0.47		0.22	0.17	0.93	-0.46	0.95	-0.72	0.27	-0.19	0.75	-0.29
Property Plant Equipment	0.93	0.82	0.76	0.96	0.33	0.6	0.86	0.65	0.14	0.77	-0.72	0.22		0.46	0.13	0.02	0.06	-0.13	-0.05	0.18	-0.08	0.18
Current Deferred Revenue	0.59	0.44	0.37	0.52	0.67	0.78	0.64	0.57	-0.29	0.41	-0.15	0.17	0.46		0.12	0.05	0.07	0.17	-0.41	0.07	0.1	0.0
Net Tangible Assets	0.33	0.61	0.01	0.27	0.58	0.43	-0.09	0.65	0.34	-0.13	-0.46	0.93	0.13	0.12		-0.55	0.97	-0.73	0.25	-0.16	0.78	-0.37
Long Term Debt Total	-0.01	-0.32	0.37	-0.14	-0.18	0.06	0.39	-0.1	-0.67	0.59	0.43	-0.46	0.02	0.05	-0.55		-0.49	0.54	-0.62	-0.07	-0.08	0.14
Capital Surpluse	0.29	0.57	-0.03	0.18	0.56	0.4	-0.13	0.65	0.39	-0.13	-0.39	0.95	0.06	0.07	0.97	-0.49		-0.72	0.29	-0.29	0.81	-0.29
Deferred Long Term Liab	-0.22	-0.47	-0.08	-0.21	-0.37	-0.12	0.15	-0.4	-0.37	0.09	0.59	-0.72	-0.13	0.17	-0.73	0.54	-0.72		-0.25	0.32	-0.58	0.32
Short Long Term Debt	-0.06	0.15	-0.21	0.02	-0.22	-0.2	-0.3	-0.03	0.96	-0.39	-0.18	0.27	-0.05	-0.41	0.25	-0.62	0.29	-0.25		0.13	-0.13	-0.05
Net Invested Capital	-0.01	-0.07	-0.18	0.09	-0.05	0.11	0.07	-0.18	0.11	-0.12	0.2	-0.19	0.18	0.07	-0.16	-0.07	-0.29	0.32	0.13		-0.49	0.1
Net Working Capital	0.18	0.32	0.18	0.01	0.52	0.43	-0.05	0.57	-0.08	0.06	-0.18	0.75	-0.08	0.1	0.78	-0.08	0.81	-0.58	-0.13	-0.49		-0.5
Capital Stock	0.18	0.13	-0.21	0.2	0.02	-0.14	0.2	0.02	0.05	0.12	-0.08	-0.29	0.18	0.0	-0.37	0.14	-0.29	0.32	-0.05	0.1	-0.5

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About Universal Stainless Financial Statements

Universal Stainless shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although Universal Stainless investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Stainless' assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Stainless' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Retained Earnings	127.5 M	94.3 M
Retained Earnings Total Equity	141 M	139.4 M

Pair Trading with Universal Stainless

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 Universal Stainless 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 Universal Stainless will appreciate offsetting losses from the drop in the long position's value.

Moving together with Universal Stock

0.82	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.67	AG	First Majestic Silver	Pair Corr

Moving against Universal Stock

0.86	GURE	Gulf Resources	Pair Corr
0.72	BAK	Braskem SA Class	Pair Corr
0.59	DOW	Dow Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.59	PFH	Prudential Financial 4125	Pair Corr
0.46	GOLD	Barrick Gold Corp	Pair Corr

The ability to find closely correlated positions to Universal Stainless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Stainless 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 Universal Stainless - 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 Universal Stainless Alloy to buy it.

The correlation of Universal Stainless 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 Universal Stainless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Stainless Alloy 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 Universal Stainless 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.

Pair Correlation Correlation Matching

Additional Tools for Universal Stock Analysis

When running Universal Stainless' price analysis, check to measure Universal Stainless' 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 Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.

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