UFP Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

UFPT Stock  USD 269.04  26.56  8.99%   
UFP Technologies financial indicator trend analysis is much more than just breaking down UFP Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UFP Technologies is a good investment. Please check the relationship between UFP Technologies Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UFP Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFP Technologies Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between UFP Technologies' Non Currrent Assets Other and Property Plant And Equipment Net is 0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of UFP Technologies, assuming nothing else is changed. The correlation between historical values of UFP Technologies' Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of UFP Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., UFP Technologies' Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from UFP Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UFP Technologies 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 UFP Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy UFP Stock please use our How to Invest in UFP Technologies guide.At this time, UFP Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.20 in 2024, whereas Tax Provision is likely to drop slightly above 5.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit51.1M90.3M112.2M117.8M
Total Revenue206.3M353.8M400.1M420.1M

UFP Technologies fundamental ratios Correlations

0.810.920.960.980.870.810.980.94-0.540.990.19-0.540.980.410.860.950.59-0.220.940.90.90.920.960.60.89
0.810.710.780.690.630.890.70.73-0.490.840.11-0.490.740.230.960.710.39-0.210.930.780.640.840.90.860.93
0.920.710.950.890.720.730.890.93-0.520.90.45-0.520.930.350.790.910.56-0.20.880.70.850.810.880.390.74
0.960.780.950.920.730.810.930.99-0.580.930.21-0.580.980.260.840.980.56-0.270.930.820.90.940.940.490.85
0.980.690.890.920.920.691.00.9-0.480.950.17-0.480.970.470.740.940.62-0.150.840.90.910.850.890.480.79
0.870.630.720.730.920.580.910.72-0.390.860.13-0.390.830.570.630.770.620.090.690.90.780.690.750.490.67
0.810.890.730.810.690.580.710.76-0.810.87-0.06-0.810.760.030.930.740.3-0.450.920.730.540.870.930.760.9
0.980.70.890.931.00.910.710.92-0.510.950.16-0.510.980.430.750.950.6-0.180.850.90.910.870.90.480.8
0.940.730.930.990.90.720.760.92-0.550.90.21-0.550.970.230.780.990.58-0.220.90.80.920.920.90.420.81
-0.54-0.49-0.52-0.58-0.48-0.39-0.81-0.51-0.55-0.640.291.0-0.540.29-0.55-0.54-0.030.6-0.59-0.46-0.21-0.6-0.67-0.35-0.55
0.990.840.90.930.950.860.870.950.9-0.640.14-0.640.950.360.890.910.52-0.290.940.890.820.90.980.660.9
0.190.110.450.210.170.13-0.060.160.210.290.140.290.170.410.180.140.220.20.2-0.070.3-0.020.12-0.050.05
-0.54-0.49-0.52-0.58-0.48-0.39-0.81-0.51-0.551.0-0.640.29-0.540.29-0.55-0.54-0.030.6-0.59-0.46-0.21-0.6-0.67-0.35-0.55
0.980.740.930.980.970.830.760.980.97-0.540.950.17-0.540.370.790.990.6-0.190.890.870.930.910.920.470.82
0.410.230.350.260.470.570.030.430.230.290.360.410.290.370.260.260.570.530.270.360.490.110.220.210.17
0.860.960.790.840.740.630.930.750.78-0.550.890.18-0.550.790.260.760.4-0.310.980.760.670.870.940.840.95
0.950.710.910.980.940.770.740.950.99-0.540.910.14-0.540.990.260.760.58-0.240.880.860.930.930.90.440.82
0.590.390.560.560.620.620.30.60.58-0.030.520.22-0.030.60.570.40.580.390.480.590.690.510.440.210.38
-0.22-0.21-0.2-0.27-0.150.09-0.45-0.18-0.220.6-0.290.20.6-0.190.53-0.31-0.240.39-0.31-0.130.01-0.36-0.39-0.29-0.42
0.940.930.880.930.840.690.920.850.9-0.590.940.2-0.590.890.270.980.880.48-0.310.810.790.930.980.740.95
0.90.780.70.820.90.90.730.90.8-0.460.89-0.07-0.460.870.360.760.860.59-0.130.810.820.880.850.690.87
0.90.640.850.90.910.780.540.910.92-0.210.820.3-0.210.930.490.670.930.690.010.790.820.820.780.380.73
0.920.840.810.940.850.690.870.870.92-0.60.9-0.02-0.60.910.110.870.930.51-0.360.930.880.820.940.660.93
0.960.90.880.940.890.750.930.90.9-0.670.980.12-0.670.920.220.940.90.44-0.390.980.850.780.940.710.95
0.60.860.390.490.480.490.760.480.42-0.350.66-0.05-0.350.470.210.840.440.21-0.290.740.690.380.660.710.86
0.890.930.740.850.790.670.90.80.81-0.550.90.05-0.550.820.170.950.820.38-0.420.950.870.730.930.950.86
Click cells to compare fundamentals

UFP Technologies Account Relationship Matchups

UFP Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets188.8M203.2M334.1M377.5M404.1M424.3M
Short Long Term Debt Total3.1M2.2M84.4M55M46.0M48.3M
Other Current Liab8.5M6.8M10.5M23.1M17.6M18.4M
Total Current Liabilities16.3M15.1M34.7M55.8M58.2M61.1M
Total Stockholder Equity162.0M176.9M194.4M237.5M286.1M300.4M
Property Plant And Equipment Net56.7M53.8M65.9M58.1M75.7M79.5M
Net Debt(653K)(22.0M)73.2M50.5M40.8M42.8M
Retained Earnings131.6M144.9M160.8M202.6M247.5M259.9M
Accounts Payable4.6M4.1M10.6M20.0M22.3M23.4M
Cash3.7M24.2M11.1M4.5M5.3M5.0M
Non Current Assets Total135.5M131.3M246.8M261.2M259.5M272.5M
Non Currrent Assets Other6.0M6.0M5.4M20.3M5.8M4.5M
Cash And Short Term Investments3.7M24.2M11.1M4.5M5.3M5.0M
Net Receivables28.6M26.4M39.4M55.1M64.4M67.7M
Common Stock Shares Outstanding7.5M7.6M7.6M7.7M7.7M6.4M
Liabilities And Stockholders Equity188.8M203.2M334.1M377.5M404.1M424.3M
Non Current Liabilities Total10.5M11.2M105.0M84.2M59.8M62.8M
Inventory18.3M18.6M33.4M53.5M70.2M73.7M
Other Current Assets2.6M2.6M3.4M3.2M4.7M5.0M
Other Stockholder Equity30.4M31.9M33.6M35.5M38.2M40.4M
Total Liab26.8M26.3M139.7M140.0M118.0M123.9M
Property Plant And Equipment Gross59.8M55.9M126.8M58.1M132.9M139.6M
Total Current Assets53.3M71.9M87.3M116.3M144.6M151.9M
Accumulated Other Comprehensive Income(53.1M)(54.1M)0.0(610K)268K281.4K
Short Term Debt674K2.3M8.5M6.5M10.4M11.0M
Intangible Assets21.0M19.7M67.6M68.4M64.1M67.3M
Other Liab7.7M9.7M105.0M22.8M26.3M27.6M
Other Assets2.9M3.9M14.8M9.2M10.6M11.1M
Long Term Debt22.3M325K71M51M28M29.4M
Property Plant Equipment56.7M53.8M56.6M58.1M66.8M70.1M
Net Tangible Assets89.2M105.3M19.0M237.5M273.2M286.8M
Current Deferred Revenue2.6M1.9M4.2M4.7M6.6M3.5M
Retained Earnings Total Equity131.6M144.9M160.8M202.6M233.0M244.6M
Capital Surpluse31.0M32.5M34.2M36.1M41.5M29.9M
Deferred Long Term Liab6.2M2.8M8.9M7.6M8.7M9.2M
Non Current Liabilities Other2.8M2.3M19.3M18.2M7.1M5.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for UFP Stock Analysis

When running UFP Technologies' price analysis, check to measure UFP Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UFP Technologies is operating at the current time. Most of UFP Technologies' value examination focuses on studying past and present price action to predict the probability of UFP Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UFP Technologies' price. Additionally, you may evaluate how the addition of UFP Technologies to your portfolios can decrease your overall portfolio volatility.