Universal Total Stockholder Equity vs Net Receivables 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 Total Stockholder Equity and its Net Receivables 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.

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Scientific Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Universal Scientific's Total Stockholder Equity and Net Receivables is 0.81. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Total Stockholder Equity and Net Receivables 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 Stockholder Equity of Universal Scientific Industrial are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Universal Scientific's Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Receivables

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 Income	3.4B	2.5B	2.8B	3.0B
Total Revenue	68.5B	60.8B	69.9B	73.4B

Operating Income Total Revenue

Universal Scientific fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.32	1.0	0.99	0.98	0.99	0.86	0.94	0.69	0.85	0.98	0.94	0.99	0.95	0.66	0.98	0.4	0.12	0.92	0.9	-0.92	0.92	0.93	0.81	0.89	0.82
Other Current Liab	-0.32		-0.37	-0.36	-0.24	-0.36	-0.05	-0.44	0.09	0.0	-0.29	-0.42	-0.28	-0.25	-0.01	-0.29	0.37	0.01	-0.35	-0.42	0.21	-0.55	-0.29	-0.09	-0.31	0.03
Total Current Liabilities	1.0	-0.37		0.99	0.96	0.99	0.83	0.96	0.65	0.82	0.96	0.96	0.99	0.94	0.63	0.97	0.33	0.11	0.91	0.91	-0.9	0.93	0.92	0.79	0.88	0.77
Total Stockholder Equity	0.99	-0.36	0.99		0.94	0.99	0.83	0.97	0.71	0.81	0.95	0.93	0.97	0.9	0.69	0.95	0.28	0.21	0.9	0.89	-0.91	0.93	0.89	0.81	0.84	0.75
Other Liab	0.98	-0.24	0.96	0.94		0.95	0.88	0.88	0.67	0.87	0.96	0.9	0.99	0.97	0.65	0.98	0.52	0.0	0.89	0.84	-0.89	0.83	0.92	0.8	0.91	0.84
Retained Earnings	0.99	-0.36	0.99	0.99	0.95		0.85	0.96	0.68	0.83	0.96	0.94	0.98	0.92	0.69	0.95	0.32	0.15	0.91	0.89	-0.92	0.93	0.91	0.82	0.86	0.78
Accounts Payable	0.86	-0.05	0.83	0.83	0.88	0.85		0.72	0.83	0.99	0.88	0.75	0.87	0.83	0.83	0.81	0.59	0.14	0.92	0.7	-0.9	0.7	0.93	0.92	0.87	0.86
Cash	0.94	-0.44	0.96	0.97	0.88	0.96	0.72		0.65	0.68	0.86	0.9	0.91	0.83	0.62	0.9	0.09	0.23	0.83	0.85	-0.84	0.92	0.82	0.72	0.79	0.6
Other Assets	0.69	0.09	0.65	0.71	0.67	0.68	0.83	0.65		0.78	0.68	0.5	0.66	0.57	0.92	0.63	0.36	0.51	0.68	0.5	-0.72	0.54	0.68	0.77	0.6	0.6
Net Receivables	0.85	0.0	0.82	0.81	0.87	0.83	0.99	0.68	0.78		0.88	0.75	0.87	0.85	0.78	0.81	0.65	0.08	0.91	0.72	-0.89	0.7	0.93	0.91	0.87	0.91
Inventory	0.98	-0.29	0.96	0.95	0.96	0.96	0.88	0.86	0.68	0.88		0.9	0.98	0.96	0.66	0.96	0.53	0.09	0.92	0.9	-0.9	0.9	0.94	0.81	0.89	0.89
Other Current Assets	0.94	-0.42	0.96	0.93	0.9	0.94	0.75	0.9	0.5	0.75	0.9		0.93	0.9	0.51	0.92	0.25	-0.02	0.86	0.88	-0.81	0.89	0.87	0.7	0.85	0.71
Total Liab	0.99	-0.28	0.99	0.97	0.99	0.98	0.87	0.91	0.66	0.87	0.98	0.93		0.98	0.64	0.98	0.48	0.06	0.92	0.9	-0.91	0.9	0.94	0.81	0.91	0.85
Intangible Assets	0.95	-0.25	0.94	0.9	0.97	0.92	0.83	0.83	0.57	0.85	0.96	0.9	0.98		0.52	0.98	0.57	-0.09	0.9	0.91	-0.85	0.86	0.93	0.74	0.94	0.87
Common Stock	0.66	-0.01	0.63	0.69	0.65	0.69	0.83	0.62	0.92	0.78	0.66	0.51	0.64	0.52		0.56	0.31	0.47	0.67	0.47	-0.77	0.54	0.65	0.83	0.55	0.58
Property Plant Equipment	0.98	-0.29	0.97	0.95	0.98	0.95	0.81	0.9	0.63	0.81	0.96	0.92	0.98	0.98	0.56		0.46	0.01	0.88	0.91	-0.84	0.88	0.91	0.73	0.92	0.8
Long Term Debt	0.4	0.37	0.33	0.28	0.52	0.32	0.59	0.09	0.36	0.65	0.53	0.25	0.48	0.57	0.31	0.46		-0.22	0.42	0.33	-0.44	0.18	0.5	0.44	0.51	0.76
Short Term Investments	0.12	0.01	0.11	0.21	0.0	0.15	0.14	0.23	0.51	0.08	0.09	-0.02	0.06	-0.09	0.47	0.01	-0.22		0.06	0.08	-0.24	0.16	0.03	0.14	-0.11	-0.14
Net Tangible Assets	0.92	-0.35	0.91	0.9	0.89	0.91	0.92	0.83	0.68	0.91	0.92	0.86	0.92	0.9	0.67	0.88	0.42	0.06		0.86	-0.89	0.87	0.99	0.85	0.95	0.81
Other Stockholder Equity	0.9	-0.42	0.91	0.89	0.84	0.89	0.7	0.85	0.5	0.72	0.9	0.88	0.9	0.91	0.47	0.91	0.33	0.08	0.86		-0.8	0.95	0.86	0.65	0.85	0.73
Deferred Long Term Liab	-0.92	0.21	-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
Short Long Term Debt	0.92	-0.55	0.93	0.93	0.83	0.93	0.7	0.92	0.54	0.7	0.9	0.89	0.9	0.86	0.54	0.88	0.18	0.16	0.87	0.95	-0.83		0.85	0.72	0.81	0.68
Total Current Assets	0.93	-0.29	0.92	0.89	0.92	0.91	0.93	0.82	0.68	0.93	0.94	0.87	0.94	0.93	0.65	0.91	0.5	0.03	0.99	0.86	-0.89	0.85		0.84	0.97	0.84
Short Term Debt	0.81	-0.09	0.79	0.81	0.8	0.82	0.92	0.72	0.77	0.91	0.81	0.7	0.81	0.74	0.83	0.73	0.44	0.14	0.85	0.65	-0.92	0.72	0.84		0.75	0.81
Non Current Assets Total	0.89	-0.31	0.88	0.84	0.91	0.86	0.87	0.79	0.6	0.87	0.89	0.85	0.91	0.94	0.55	0.92	0.51	-0.11	0.95	0.85	-0.81	0.81	0.97	0.75		0.79
Non Currrent Assets Other	0.82	0.03	0.77	0.75	0.84	0.78	0.86	0.6	0.6	0.91	0.89	0.71	0.85	0.87	0.58	0.8	0.76	-0.14	0.81	0.73	-0.78	0.68	0.84	0.81	0.79

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Universal Scientific Account Relationship Matchups

Universal Scientific fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	31.0B	35.9B	38.6B	39.3B	45.2B	47.5B
Other Current Liab	826.9M	1.3B	3.7M	3.9M	3.6M	3.4M
Total Current Liabilities	14.9B	17.6B	18.7B	21.2B	24.4B	25.6B
Total Stockholder Equity	12.1B	13.1B	15.7B	17.0B	19.5B	20.5B
Other Liab	144.8M	223.2M	560.4M	516.6M	594.1M	623.8M
Retained Earnings	7.9B	8.6B	10.3B	11.2B	12.9B	13.5B
Accounts Payable	11.2B	11.5B	11.1B	10.6B	12.2B	6.6B
Cash	6.3B	6.0B	7.7B	11.2B	12.9B	13.5B
Other Assets	608.4M	535.1M	647.7M	690.9M	794.5M	404.0M
Net Receivables	10.5B	12.5B	11.1B	10.0B	11.5B	6.6B
Inventory	6.8B	9.0B	10.9B	8.3B	9.6B	10.0B
Other Current Assets	508.5M	588.2M	599.9M	838.4M	964.1M	1.0B
Total Liab	18.9B	22.8B	22.8B	22.2B	25.5B	26.8B
Intangible Assets	290.4M	453.5M	415.1M	368.3M	423.5M	444.7M
Property Plant Equipment	1.6B	2.5B	4.0B	4.8B	5.5B	5.8B
Long Term Debt	3.0B	4.2B	3.3B	47.1M	54.1M	51.4M
Net Tangible Assets	10.1B	10.9B	12.1B	13.9B	15.9B	10.9B
Other Stockholder Equity	(44.3M)	6.9M	(91.2M)	326.3M	375.2M	394.0M
Deferred Long Term Liab	301.2M	286.1M	250.5M	227.6M	204.8M	227.5M
Short Long Term Debt	375.3M	2.5B	4.5B	4.4B	5.0B	5.3B
Total Current Assets	24.6B	28.5B	30.9B	31.0B	35.6B	23.3B
Non Current Assets Total	6.4B	7.4B	7.7B	8.3B	9.6B	5.6B
Non Currrent Assets Other	89.8M	136.8M	124.6M	68.3M	78.5M	81.6M
Non Current Liabilities Total	4.0B	5.2B	4.1B	1.0B	1.2B	2.1B
Non Current Liabilities Other	16.3M	61.3M	11.0M	74.9M	86.1M	90.4M
Common Stock Shares Outstanding	2.2B	2.2B	2.2B	2.2B	2.5B	2.4B
Net Invested Capital	15.4B	19.8B	23.6B	21.4B	24.6B	17.7B
Net Working Capital	9.7B	10.9B	12.1B	9.8B	11.2B	10.0B
Capital Stock	2.2B	2.2B	2.2B	2.2B	2.5B	2.4B
Property Plant And Equipment Net	3.7B	4.8B	5.2B	5.9B	6.8B	4.9B
Good Will	1.1B	559.0M	576.7M	607.7M	698.9M	630.7M
Capital Lease Obligations	535.0M	475.1M	381.7M	486.8M	438.1M	379.6M
Property Plant And Equipment Gross	7.6B	9.3B	5.2B	5.9B	5.4B	5.5B

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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.

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Universal Total Stockholder Equity vs Net Receivables Analysis

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Receivables

Universal Scientific fundamental ratios Correlations

Universal Scientific Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Scientific fundamental ratios Accounts

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Other Information on Investing in Universal Stock

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Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Current Liabilities

Short Term Debt	- 0.92	Deferred Long Term Liab
Deferred Long Term Liab	- 0.92	Retained Earnings
Deferred Long Term Liab	- 0.92	Total Assets
Deferred Long Term Liab	- 0.91	Total Liab
Deferred Long Term Liab	- 0.91	Total Stockholder Equity
Deferred Long Term Liab	- 0.9	Inventory