Universal Change In Working Capital from 2010 to 2024

UTI Stock  USD 26.21  0.29  1.09%   
Universal Technical's Change In Working Capital is decreasing with slightly volatile movements from year to year. Change In Working Capital is estimated to finish at about -19.4 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2003-06-30
Previous Quarter
-10 M
Current Value
23.9 M
Quarterly Volatility
11.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Technical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Technical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.7 M, Interest Expense of 9.9 M or Total Revenue of 380.9 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0013 or PTB Ratio of 2.18. Universal financial statements analysis is a perfect complement when working with Universal Technical Valuation or Volatility modules.
  
Check out the analysis of Universal Technical Correlation against competitors.

Latest Universal Technical's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Universal Technical Institute over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Universal Technical's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Technical's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Universal Change In Working Capital Regression Statistics

Arithmetic Mean(9,174,149)
Geometric Mean11,412,282
Coefficient Of Variation(172.57)
Mean Deviation13,340,672
Median(14,806,000)
Standard Deviation15,831,628
Sample Variance250.6T
Range58.8M
R-Value(0.43)
Mean Square Error220.8T
R-Squared0.18
Significance0.11
Slope(1,510,744)
Total Sum of Squares3509T

Universal Change In Working Capital History

2024-19.4 M
2023-20.4 M
2022-22.7 M
2021-18.8 M
20207.4 M
2019-37.7 M
201810.7 M

About Universal Technical Financial Statements

Investors use fundamental indicators, such as Universal Technical's Change In Working Capital, to determine how well the company is positioned to perform in the future. Although Universal Technical's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change In Working Capital-20.4 M-19.4 M

Currently Active Assets on Macroaxis

When determining whether Universal Technical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Technical's 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 Universal Technical Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Technical Institute Stock:
Check out the analysis of Universal Technical Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Diversified Consumer Services 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 Technical. 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 Technical 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
2.5
Earnings Share
0.75
Revenue Per Share
15.885
Quarterly Revenue Growth
0.158
Return On Assets
0.0404
The market value of Universal Technical 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 Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical'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 Technical's market value can be influenced by many factors that don't directly affect Universal Technical'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 Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical'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.