Under Retained Earnings vs Current Deferred Revenue Analysis

UA Stock  USD 8.77  0.14  1.57%   
Under Armour financial indicator trend analysis is much more than just breaking down Under Armour C prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Under Armour C is a good investment. Please check the relationship between Under Armour Retained Earnings and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour C Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Under Armour's Retained Earnings and Current Deferred Revenue is 0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Under Armour C, assuming nothing else is changed. The correlation between historical values of Under Armour's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Under Armour C are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Under Armour's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Under Armour's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Under Armour C 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. 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.
At present, Under Armour's Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 13.35, whereas Selling General Administrative is forecasted to decline to about 1.6 B.
 2021 2022 2023 2024 (projected)
Total Revenue5.7B5.9B5.7B3.4B
Interest Expense44.3M12.8M14.7M15.1M

Under Armour fundamental ratios Correlations

0.850.680.720.970.650.640.7-0.130.950.830.990.980.90.940.770.90.980.710.90.950.820.890.40.720.97
0.850.510.480.850.870.510.5-0.160.720.940.840.770.90.680.750.850.80.950.890.830.510.890.040.470.87
0.680.510.120.80.40.750.09-0.250.710.640.680.660.440.690.320.470.730.460.530.790.560.540.540.510.66
0.720.480.120.560.220.170.990.080.780.380.710.790.760.80.650.730.690.250.650.50.770.590.30.670.65
0.970.850.80.560.70.680.54-0.180.920.840.950.930.840.890.730.850.970.760.870.970.730.880.420.660.96
0.650.870.40.220.70.460.24-0.210.480.820.640.540.680.420.670.650.580.90.690.680.230.77-0.10.150.72
0.640.510.750.170.680.460.13-0.230.610.590.690.570.420.560.170.370.560.480.440.770.690.480.60.270.66
0.70.50.090.990.540.240.130.080.760.40.690.780.790.790.680.750.670.260.670.470.730.610.250.650.64
-0.13-0.16-0.250.08-0.18-0.21-0.230.08-0.11-0.2-0.12-0.1-0.08-0.1-0.08-0.08-0.11-0.19-0.07-0.16-0.05-0.15-0.14-0.12-0.12
0.950.720.710.780.920.480.610.76-0.110.720.940.980.861.00.720.850.950.520.840.870.880.810.510.750.91
0.830.940.640.380.840.820.590.4-0.20.720.820.770.870.690.720.840.780.860.90.830.50.90.070.530.85
0.990.840.680.710.950.640.690.69-0.120.940.820.960.890.930.690.870.950.70.880.960.860.870.430.70.95
0.980.770.660.790.930.540.570.78-0.10.980.770.960.90.980.790.920.970.580.90.890.840.880.460.770.94
0.90.90.440.760.840.680.420.79-0.080.860.870.890.90.850.850.970.870.720.960.790.680.930.170.650.89
0.940.680.690.80.890.420.560.79-0.11.00.690.930.980.850.690.840.940.470.820.830.890.780.520.790.88
0.770.750.320.650.730.670.170.68-0.080.720.720.690.790.850.690.890.750.640.850.620.40.870.010.520.77
0.90.850.470.730.850.650.370.75-0.080.850.840.870.920.970.840.890.890.670.980.80.640.970.230.680.89
0.980.80.730.690.970.580.560.67-0.110.950.780.950.970.870.940.750.890.650.890.930.780.870.440.740.94
0.710.950.460.250.760.90.480.26-0.190.520.860.70.580.720.470.640.670.650.730.750.310.75-0.10.30.76
0.90.890.530.650.870.690.440.67-0.070.840.90.880.90.960.820.850.980.890.730.830.60.960.190.670.92
0.950.830.790.50.970.680.770.47-0.160.870.830.960.890.790.830.620.80.930.750.830.760.840.450.60.94
0.820.510.560.770.730.230.690.73-0.050.880.50.860.840.680.890.40.640.780.310.60.760.580.650.660.73
0.890.890.540.590.880.770.480.61-0.150.810.90.870.880.930.780.870.970.870.750.960.840.580.230.550.9
0.40.040.540.30.42-0.10.60.25-0.140.510.070.430.460.170.520.010.230.44-0.10.190.450.650.230.350.39
0.720.470.510.670.660.150.270.65-0.120.750.530.70.770.650.790.520.680.740.30.670.60.660.550.350.65
0.970.870.660.650.960.720.660.64-0.120.910.850.950.940.890.880.770.890.940.760.920.940.730.90.390.65
Click cells to compare fundamentals

Under Armour Account Relationship Matchups

Under Armour fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B5.0B5.0B4.9B4.8B5.0B
Total Stockholder Equity2.2B1.7B2.1B2.0B2.2B1.1B
Net Debt171.4M511.2M488.2M(165.1M)809.3M584.1M
Cash788.1M1.5B1.7B711.9M858.7M901.6M
Non Current Assets Total2.1B1.8B1.7B1.9B1.9B2.0B
Non Currrent Assets Other88.3M72.9M75.5M58.4M91.5M52.1M
Other Assets(1K)96.8M93.3M244.5M281.2M295.3M
Cash And Short Term Investments557.4M788.1M1.5B1.7B711.9M858.7M
Liabilities And Stockholders Equity4.2B4.8B5.0B5.0B4.9B4.8B
Non Current Liabilities Total1.3B1.9B1.5B1.5B1.4B1.5B
Inventory892.3M896.0M811.4M1.2B958.5M536.2M
Other Stockholder Equity916.6M973.7M1.1B1.1B1.1B1.2B
Total Liab2.7B3.4B2.9B2.9B2.6B2.7B
Total Current Assets2.7B3.2B3.3B3.0B2.9B1.4B
Short Long Term Debt Total728.8M1.3B2.0B1.5B1.5B1.4B
Other Current Liab83.8M92.5M73.7M51.6M34.3M28.8M
Total Current Liabilities1.4B1.4B1.5B1.4B1.2B648.2M
Property Plant And Equipment Net1.4B1.2B1.1B1.2B1.1B1.2B
Retained Earnings1.2B673.9M1.0B929.6M1.0B670.2M
Accounts Payable618.2M576.0M613.3M649.1M483.7M298.0M
Net Receivables708.7M527.3M569.0M759.9M757.3M795.2M
Other Current Assets313.2M282.3M286.4M297.6M289.2M145.9M
Property Plant And Equipment Gross792.1M1.2B1.1B1.2B2.3B2.4B
Short Term Debt25M125.9M162.6M138.7M141.0M80.9M
Common Stock148K149K150K158K147K144K
Current Deferred Revenue641.8M594.1M582.3M624.5M515.2M427.2M
Accumulated Other Comprehensive Income(39.0M)(50.8M)(59.2M)(47.6M)(67.8M)(77.1M)
Intangible Assets36.3M13.3M11.0M8.9M7M6.7M
Other Liab208.3M98.1M98.4M86.6M99.6M104.6M
Net Tangible Assets1.4B1.6B1.2B1.6B1.8B1.2B
Long Term Debt592.7M1.0B662.5M674.5M594.9M560.6M
Good Will550.2M502.2M495.2M482.0M478.3M440.4M
Retained Earnings Total Equity1.1B1.2B673.9M1.0B1.2B819.3M
Property Plant Equipment792.1M658.7M1.1B1.2B1.3B1.4B
Long Term Debt Total592.7M1.0B662.5M674.5M775.6M674.0M
Capital Surpluse973.7M1.1B1.1B1.1B1.3B919.5M

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. 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.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Apparel, Accessories & Luxury Goods 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 Under Armour. If investors know Under 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 Under Armour 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
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour'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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour'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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour'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.