Under Accounts Payable vs Non Current Liabilities Total Analysis

UAA Stock  USD 9.71  0.01  0.10%   
Under Armour financial indicator trend analysis is much more than just breaking down Under Armour A prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Under Armour A is a good investment. Please check the relationship between Under Armour Accounts Payable and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour A. 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.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour A Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Under Armour's Accounts Payable and Non Current Liabilities Total is 0.84. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Under Armour A, assuming nothing else is changed. The correlation between historical values of Under Armour's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Under Armour A are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Under Armour's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Under Armour obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Under Armour A are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Liabilities Total

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 A 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 A. 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 Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 31.5 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.30.
 2021 2022 2023 2024 (projected)
Gross Profit2.9B2.6B2.6B2.8B
Total Revenue5.7B5.9B5.7B6.0B

Under Armour fundamental ratios Correlations

0.430.550.060.340.360.520.210.350.30.480.460.340.480.280.340.380.360.340.540.41-0.190.390.310.36-0.44
0.430.850.680.720.970.650.670.70.950.830.990.980.90.940.770.90.980.920.710.90.610.950.870.890.39
0.550.850.510.480.850.870.420.50.720.940.840.770.90.680.750.850.80.720.950.890.550.830.780.890.08
0.060.680.510.120.80.40.630.090.710.640.680.660.440.690.320.470.730.480.460.530.610.790.660.540.54
0.340.720.480.120.560.220.560.990.780.380.710.790.760.80.650.730.690.780.250.650.360.50.450.590.22
0.360.970.850.80.560.70.640.540.920.840.950.930.840.890.730.850.970.850.760.870.660.970.880.880.44
0.520.650.870.40.220.70.340.240.480.820.640.540.680.420.670.650.580.560.90.690.460.680.640.77-0.07
0.210.670.420.630.560.640.340.550.80.510.650.730.590.790.560.560.670.570.240.540.640.560.330.530.22
0.350.70.50.090.990.540.240.550.760.40.690.780.790.790.680.750.670.770.260.670.380.470.420.610.17
0.30.950.720.710.780.920.480.80.760.720.940.980.861.00.720.850.950.880.520.840.690.870.750.810.46
0.480.830.940.640.380.840.820.510.40.720.820.770.870.690.720.840.780.690.860.90.620.830.730.90.07
0.460.990.840.680.710.950.640.650.690.940.820.960.890.930.690.870.950.890.70.880.560.960.890.870.41
0.340.980.770.660.790.930.540.730.780.980.770.960.90.980.790.920.970.940.580.90.660.890.790.880.43
0.480.90.90.440.760.840.680.590.790.860.870.890.90.850.850.970.870.870.720.960.620.790.70.930.14
0.280.940.680.690.80.890.420.790.791.00.690.930.980.850.690.840.940.860.470.820.660.830.710.780.46
0.340.770.750.320.650.730.670.560.680.720.720.690.790.850.690.890.750.860.640.850.660.620.490.870.0
0.380.90.850.470.730.850.650.560.750.850.840.870.920.970.840.890.890.930.670.980.640.80.710.970.23
0.360.980.80.730.690.970.580.670.670.950.780.950.970.870.940.750.890.90.650.890.620.930.840.870.46
0.340.920.720.480.780.850.560.570.770.880.690.890.940.870.860.860.930.90.550.880.550.820.750.90.36
0.540.710.950.460.250.760.90.240.260.520.860.70.580.720.470.640.670.650.550.730.430.750.730.75-0.01
0.410.90.890.530.650.870.690.540.670.840.90.880.90.960.820.850.980.890.880.730.660.830.760.960.21
-0.190.610.550.610.360.660.460.640.380.690.620.560.660.620.660.660.640.620.550.430.660.550.460.670.38
0.390.950.830.790.50.970.680.560.470.870.830.960.890.790.830.620.80.930.820.750.830.550.950.840.49
0.310.870.780.660.450.880.640.330.420.750.730.890.790.70.710.490.710.840.750.730.760.460.950.760.57
0.360.890.890.540.590.880.770.530.610.810.90.870.880.930.780.870.970.870.90.750.960.670.840.760.25
-0.440.390.080.540.220.44-0.070.220.170.460.070.410.430.140.460.00.230.460.36-0.010.210.380.490.570.25
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Under Armour Account Relationship Matchups

Under Armour fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding454.3M454.1M468.6M461.5M436.0M428.3M
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 Assets165.6M633.5M93.3M244.5M281.2M295.3M
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
Current Deferred Revenue641.8M594.1M582.3M624.5M515.2M427.2M
Retained Earnings1.2B673.9M1.0B929.6M1.0B670.2M
Accounts Payable618.2M576.0M613.3M649.1M483.7M298.0M
Long Term Debt592.7M1.0B662.5M674.5M594.9M405.1M
Net Receivables708.7M527.3M569.0M759.9M757.3M795.2M
Common Stock Total Equity148K149K62K158K181.7K190.8K
Other Current Assets313.2M282.3M286.4M297.6M289.2M145.9M
Property Plant And Equipment Gross1.4B658.7M1.1B1.2B2.3B2.4B
Short Term Debt25M125.9M162.6M138.7M141.0M80.9M
Common Stock148K149K150K158K147K144K
Property Plant Equipment792.1M658.7M1.1B1.2B1.3B1.4B
Other Liab208.3M98.1M98.4M86.6M99.6M68.2M
Accumulated Other Comprehensive Income(39.0M)(50.8M)(59.2M)(47.6M)(67.8M)(77.1M)
Intangible Assets36.3M13.3M11.0M8.9M7M6.7M
Net Tangible Assets1.4B1.6B1.2B1.6B1.8B1.3B
Good Will550.2M502.2M495.2M482.0M478.3M440.4M
Retained Earnings Total Equity1.1B1.2B673.9M1.0B1.2B825.5M
Long Term Debt Total592.7M1.0B662.5M674.5M775.6M592.9M
Capital Surpluse973.7M1.1B1.1B1.1B1.3B847.3M
Non Current Liabilities Other678.7M937.8M86.6M121.6M219.4M233.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Under Armour A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour'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 Under Armour A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour A Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour A. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 A 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.