UFP Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFP Technologies Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UFP Technologies' Total Current Assets and Cash And Short Term Investments is -0.21. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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' Total Current Assets and Cash And Short Term Investments 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 Current Assets of UFP Technologies are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., UFP Technologies' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of UFP Technologies balance sheet. This account contains UFP Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by UFP Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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

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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.