Universal Other Current Assets from 2010 to 2025

UTI Stock  USD 26.53  0.80  2.93%   
Universal Technical's Other Current Assets are decreasing with stable movements from year to year. Other Current Assets are predicted to flatten to about 20.3 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2002-09-30
Previous Quarter
22.8 M
Current Value
24.7 M
Quarterly Volatility
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 61.8 M, Interest Expense of 11.4 M or Total Revenue of 884.7 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0015 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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Universal Technical Institute over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Universal Technical's Other Current Assets 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.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Universal Other Current Assets Regression Statistics

Arithmetic Mean22,580,318
Geometric Mean20,962,413
Coefficient Of Variation33.06
Mean Deviation5,606,759
Median24,726,000
Standard Deviation7,464,064
Sample Variance55.7T
Range26.4M
R-Value(0.16)
Mean Square Error58.1T
R-Squared0.03
Significance0.55
Slope(256,344)
Total Sum of Squares835.7T

Universal Other Current Assets History

202520.3 M
202426.2 M
202322.8 M
202222.3 M
202114.9 M
202027 M
201924.7 M

About Universal Technical Financial Statements

Investors use fundamental indicators, such as Universal Technical's Other Current Assets, 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
Other Current Assets26.2 M20.3 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.
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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
1.353
Earnings Share
0.98
Revenue Per Share
14.111
Quarterly Revenue Growth
0.153
Return On Assets
0.0609
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.