Under Good Will vs Long Term Debt Analysis
UAA Stock | USD 9.70 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 Good Will and its Long Term Debt 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.
Good Will vs Long Term Debt
Good Will vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Under Armour A Good Will account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Under Armour's Good Will and Long Term Debt is 0.81. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt 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 Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Under Armour A are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Under Armour's Good Will and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Debt
Long-term debt is a debt that Under Armour A has held for over one year. Long-term debt appears on Under Armour A balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Under Armour A balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Profit | 2.9B | 2.6B | 2.6B | 2.8B | Total Revenue | 5.7B | 5.9B | 5.7B | 6.0B |
Under Armour fundamental ratios Correlations
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Under Armour Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Under Armour fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 454.3M | 454.1M | 468.6M | 461.5M | 436.0M | 428.3M | |
Total Assets | 4.8B | 5.0B | 5.0B | 4.9B | 4.8B | 5.0B | |
Total Stockholder Equity | 2.2B | 1.7B | 2.1B | 2.0B | 2.2B | 1.1B | |
Net Debt | 171.4M | 511.2M | 488.2M | (165.1M) | 809.3M | 584.1M | |
Cash | 788.1M | 1.5B | 1.7B | 711.9M | 858.7M | 901.6M | |
Non Current Assets Total | 2.1B | 1.8B | 1.7B | 1.9B | 1.9B | 2.0B | |
Non Currrent Assets Other | 88.3M | 72.9M | 75.5M | 58.4M | 91.5M | 52.1M | |
Other Assets | 165.6M | 633.5M | 93.3M | 244.5M | 281.2M | 295.3M | |
Cash And Short Term Investments | 557.4M | 788.1M | 1.5B | 1.7B | 711.9M | 858.7M | |
Liabilities And Stockholders Equity | 4.2B | 4.8B | 5.0B | 5.0B | 4.9B | 4.8B | |
Non Current Liabilities Total | 1.3B | 1.9B | 1.5B | 1.5B | 1.4B | 1.5B | |
Inventory | 892.3M | 896.0M | 811.4M | 1.2B | 958.5M | 536.2M | |
Other Stockholder Equity | 916.6M | 973.7M | 1.1B | 1.1B | 1.1B | 1.2B | |
Total Liab | 2.7B | 3.4B | 2.9B | 2.9B | 2.6B | 2.7B | |
Total Current Assets | 2.7B | 3.2B | 3.3B | 3.0B | 2.9B | 1.4B | |
Short Long Term Debt Total | 728.8M | 1.3B | 2.0B | 1.5B | 1.5B | 1.4B | |
Other Current Liab | 83.8M | 92.5M | 73.7M | 51.6M | 34.3M | 28.8M | |
Total Current Liabilities | 1.4B | 1.4B | 1.5B | 1.4B | 1.2B | 648.2M | |
Property Plant And Equipment Net | 1.4B | 1.2B | 1.1B | 1.2B | 1.1B | 1.2B | |
Current Deferred Revenue | 641.8M | 594.1M | 582.3M | 624.5M | 515.2M | 427.2M | |
Retained Earnings | 1.2B | 673.9M | 1.0B | 929.6M | 1.0B | 670.2M | |
Accounts Payable | 618.2M | 576.0M | 613.3M | 649.1M | 483.7M | 298.0M | |
Long Term Debt | 592.7M | 1.0B | 662.5M | 674.5M | 594.9M | 405.1M | |
Net Receivables | 708.7M | 527.3M | 569.0M | 759.9M | 757.3M | 795.2M | |
Common Stock Total Equity | 148K | 149K | 62K | 158K | 181.7K | 190.8K | |
Other Current Assets | 313.2M | 282.3M | 286.4M | 297.6M | 289.2M | 145.9M | |
Property Plant And Equipment Gross | 1.4B | 658.7M | 1.1B | 1.2B | 2.3B | 2.4B | |
Short Term Debt | 25M | 125.9M | 162.6M | 138.7M | 141.0M | 80.9M | |
Common Stock | 148K | 149K | 150K | 158K | 147K | 144K | |
Property Plant Equipment | 792.1M | 658.7M | 1.1B | 1.2B | 1.3B | 1.4B | |
Other Liab | 208.3M | 98.1M | 98.4M | 86.6M | 99.6M | 68.2M | |
Accumulated Other Comprehensive Income | (39.0M) | (50.8M) | (59.2M) | (47.6M) | (67.8M) | (77.1M) | |
Intangible Assets | 36.3M | 13.3M | 11.0M | 8.9M | 7M | 6.7M | |
Net Tangible Assets | 1.4B | 1.6B | 1.2B | 1.6B | 1.8B | 1.3B | |
Good Will | 550.2M | 502.2M | 495.2M | 482.0M | 478.3M | 440.4M | |
Retained Earnings Total Equity | 1.1B | 1.2B | 673.9M | 1.0B | 1.2B | 825.5M | |
Long Term Debt Total | 592.7M | 1.0B | 662.5M | 674.5M | 775.6M | 592.9M | |
Capital Surpluse | 973.7M | 1.1B | 1.1B | 1.1B | 1.3B | 847.3M | |
Non Current Liabilities Other | 678.7M | 937.8M | 86.6M | 121.6M | 219.4M | 233.0M |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.