Universal Short Long Term Debt vs Other Assets Analysis

601231 Stock   14.89  0.30  1.97%   
Universal Scientific financial indicator trend analysis is much more than just breaking down Universal Scientific prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Scientific is a good investment. Please check the relationship between Universal Scientific Short Long Term Debt and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Universal Scientific Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Long Term Debt vs Other Assets

Short Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Scientific Short Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Universal Scientific's Short Long Term Debt and Other Assets is 0.54. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Universal Scientific Industrial, assuming nothing else is changed. The correlation between historical values of Universal Scientific's Short Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Universal Scientific Industrial are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Short Long Term Debt i.e., Universal Scientific's Short Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Other Assets

Most indicators from Universal Scientific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Scientific 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Universal Scientific Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Tax Provision is expected to grow to about 277.3 M, whereas Selling General Administrative is forecasted to decline to about 340.4 M.
 2022 2023 2024 2025 (projected)
Operating Income3.4B2.5B2.8B3.0B
Total Revenue68.5B60.8B69.9B73.4B

Universal Scientific fundamental ratios Correlations

-0.321.00.990.980.990.860.940.690.850.980.940.990.950.660.980.40.120.920.9-0.920.920.930.810.890.82
-0.32-0.37-0.36-0.24-0.36-0.05-0.440.090.0-0.29-0.42-0.28-0.25-0.01-0.290.370.01-0.35-0.420.21-0.55-0.29-0.09-0.310.03
1.0-0.370.990.960.990.830.960.650.820.960.960.990.940.630.970.330.110.910.91-0.90.930.920.790.880.77
0.99-0.360.990.940.990.830.970.710.810.950.930.970.90.690.950.280.210.90.89-0.910.930.890.810.840.75
0.98-0.240.960.940.950.880.880.670.870.960.90.990.970.650.980.520.00.890.84-0.890.830.920.80.910.84
0.99-0.360.990.990.950.850.960.680.830.960.940.980.920.690.950.320.150.910.89-0.920.930.910.820.860.78
0.86-0.050.830.830.880.850.720.830.990.880.750.870.830.830.810.590.140.920.7-0.90.70.930.920.870.86
0.94-0.440.960.970.880.960.720.650.680.860.90.910.830.620.90.090.230.830.85-0.840.920.820.720.790.6
0.690.090.650.710.670.680.830.650.780.680.50.660.570.920.630.360.510.680.5-0.720.540.680.770.60.6
0.850.00.820.810.870.830.990.680.780.880.750.870.850.780.810.650.080.910.72-0.890.70.930.910.870.91
0.98-0.290.960.950.960.960.880.860.680.880.90.980.960.660.960.530.090.920.9-0.90.90.940.810.890.89
0.94-0.420.960.930.90.940.750.90.50.750.90.930.90.510.920.25-0.020.860.88-0.810.890.870.70.850.71
0.99-0.280.990.970.990.980.870.910.660.870.980.930.980.640.980.480.060.920.9-0.910.90.940.810.910.85
0.95-0.250.940.90.970.920.830.830.570.850.960.90.980.520.980.57-0.090.90.91-0.850.860.930.740.940.87
0.66-0.010.630.690.650.690.830.620.920.780.660.510.640.520.560.310.470.670.47-0.770.540.650.830.550.58
0.98-0.290.970.950.980.950.810.90.630.810.960.920.980.980.560.460.010.880.91-0.840.880.910.730.920.8
0.40.370.330.280.520.320.590.090.360.650.530.250.480.570.310.46-0.220.420.33-0.440.180.50.440.510.76
0.120.010.110.210.00.150.140.230.510.080.09-0.020.06-0.090.470.01-0.220.060.08-0.240.160.030.14-0.11-0.14
0.92-0.350.910.90.890.910.920.830.680.910.920.860.920.90.670.880.420.060.86-0.890.870.990.850.950.81
0.9-0.420.910.890.840.890.70.850.50.720.90.880.90.910.470.910.330.080.86-0.80.950.860.650.850.73
-0.920.21-0.9-0.91-0.89-0.92-0.9-0.84-0.72-0.89-0.9-0.81-0.91-0.85-0.77-0.84-0.44-0.24-0.89-0.8-0.83-0.89-0.92-0.81-0.78
0.92-0.550.930.930.830.930.70.920.540.70.90.890.90.860.540.880.180.160.870.95-0.830.850.720.810.68
0.93-0.290.920.890.920.910.930.820.680.930.940.870.940.930.650.910.50.030.990.86-0.890.850.840.970.84
0.81-0.090.790.810.80.820.920.720.770.910.810.70.810.740.830.730.440.140.850.65-0.920.720.840.750.81
0.89-0.310.880.840.910.860.870.790.60.870.890.850.910.940.550.920.51-0.110.950.85-0.810.810.970.750.79
0.820.030.770.750.840.780.860.60.60.910.890.710.850.870.580.80.76-0.140.810.73-0.780.680.840.810.79
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Universal Scientific Account Relationship Matchups

Universal Scientific fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets31.0B35.9B38.6B39.3B45.2B47.5B
Other Current Liab826.9M1.3B3.7M3.9M3.6M3.4M
Total Current Liabilities14.9B17.6B18.7B21.2B24.4B25.6B
Total Stockholder Equity12.1B13.1B15.7B17.0B19.5B20.5B
Other Liab144.8M223.2M560.4M516.6M594.1M623.8M
Retained Earnings7.9B8.6B10.3B11.2B12.9B13.5B
Accounts Payable11.2B11.5B11.1B10.6B12.2B6.6B
Cash6.3B6.0B7.7B11.2B12.9B13.5B
Other Assets608.4M535.1M647.7M690.9M794.5M404.0M
Net Receivables10.5B12.5B11.1B10.0B11.5B6.6B
Inventory6.8B9.0B10.9B8.3B9.6B10.0B
Other Current Assets508.5M588.2M599.9M838.4M964.1M1.0B
Total Liab18.9B22.8B22.8B22.2B25.5B26.8B
Intangible Assets290.4M453.5M415.1M368.3M423.5M444.7M
Property Plant Equipment1.6B2.5B4.0B4.8B5.5B5.8B
Long Term Debt3.0B4.2B3.3B47.1M54.1M51.4M
Net Tangible Assets10.1B10.9B12.1B13.9B15.9B10.9B
Other Stockholder Equity(44.3M)6.9M(91.2M)326.3M375.2M394.0M
Deferred Long Term Liab301.2M286.1M250.5M227.6M204.8M227.5M
Short Long Term Debt375.3M2.5B4.5B4.4B5.0B5.3B
Total Current Assets24.6B28.5B30.9B31.0B35.6B23.3B
Non Current Assets Total6.4B7.4B7.7B8.3B9.6B5.6B
Non Currrent Assets Other89.8M136.8M124.6M68.3M78.5M81.6M
Non Current Liabilities Total4.0B5.2B4.1B1.0B1.2B2.1B
Non Current Liabilities Other16.3M61.3M11.0M74.9M86.1M90.4M
Common Stock Shares Outstanding2.2B2.2B2.2B2.2B2.5B2.4B
Net Invested Capital15.4B19.8B23.6B21.4B24.6B17.7B
Net Working Capital9.7B10.9B12.1B9.8B11.2B10.0B
Capital Stock2.2B2.2B2.2B2.2B2.5B2.4B
Property Plant And Equipment Net3.7B4.8B5.2B5.9B6.8B4.9B
Good Will1.1B559.0M576.7M607.7M698.9M630.7M
Capital Lease Obligations535.0M475.1M381.7M486.8M438.1M379.6M
Property Plant And Equipment Gross7.6B9.3B5.2B5.9B5.4B5.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Universal Stock

Balance Sheet is a snapshot of the financial position of Universal Scientific at a specified time, usually calculated after every quarter, six months, or one year. Universal Scientific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Universal Scientific and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Universal currently owns. An asset can also be divided into two categories, current and non-current.