United Depreciation vs Other Non Cash Items Analysis

UG Stock  USD 9.68  0.02  0.21%   
United Guardian financial indicator trend analysis is much more than just breaking down United Guardian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Guardian is a good investment. Please check the relationship between United Guardian Depreciation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Guardian Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United Guardian's Depreciation and Other Non Cash Items is 0.46. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of United Guardian, assuming nothing else is changed. The correlation between historical values of United Guardian's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of United Guardian are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., United Guardian's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of United Guardian value has been used up. For tax purposes United Guardian can deduct the cost of the tangible assets it purchases as business expenses. However, United Guardian must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

Most indicators from United Guardian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Guardian 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 United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.At this time, United Guardian's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The United Guardian's current Enterprise Value is estimated to increase to about 43.2 M, while Enterprise Value Over EBITDA is projected to decrease to 7.95.
 2021 2022 2023 2024 (projected)
Total Revenue13.9M12.7M10.9M11.2M
Interest Expense567.7K1.6M1.9M2.0M

United Guardian fundamental ratios Correlations

-0.780.12-0.070.990.58-0.020.98-0.090.11-0.840.990.41-0.09-0.690.220.05-0.47-0.560.99-0.78-0.9-0.36-0.29-0.81-0.25
-0.78-0.6-0.35-0.75-0.040.14-0.810.00.460.9-0.76-0.60.320.89-0.42-0.3-0.050.33-0.831.00.960.62-0.161.00.5
0.12-0.60.860.05-0.66-0.030.18-0.05-0.91-0.390.150.51-0.2-0.510.330.180.590.490.22-0.6-0.39-0.420.55-0.56-0.31
-0.07-0.350.86-0.16-0.62-0.17-0.070.12-0.73-0.16-0.080.43-0.31-0.340.290.230.70.710.0-0.36-0.160.040.65-0.32-0.35
0.99-0.750.05-0.160.610.00.98-0.110.15-0.830.980.36-0.06-0.680.220.06-0.51-0.640.98-0.75-0.89-0.38-0.33-0.78-0.21
0.58-0.04-0.66-0.620.610.170.5-0.170.85-0.310.530.010.21-0.1-0.07-0.31-0.83-0.60.49-0.04-0.30.25-0.71-0.090.18
-0.020.14-0.03-0.170.00.170.07-0.990.1-0.080.00.10.93-0.160.34-0.39-0.330.12-0.010.140.060.13-0.520.120.88
0.98-0.810.18-0.070.980.50.07-0.19-0.01-0.870.980.450.01-0.740.310.1-0.44-0.560.99-0.81-0.92-0.45-0.28-0.84-0.16
-0.090.0-0.050.12-0.11-0.17-0.99-0.19-0.030.21-0.12-0.19-0.910.28-0.40.350.33-0.08-0.12-0.010.07-0.040.510.02-0.83
0.110.46-0.91-0.730.150.850.1-0.01-0.030.210.06-0.360.20.37-0.31-0.36-0.7-0.420.00.460.220.5-0.640.410.28
-0.840.9-0.39-0.16-0.83-0.31-0.08-0.870.210.21-0.81-0.590.080.86-0.47-0.120.130.4-0.870.90.930.450.090.910.26
0.99-0.760.15-0.080.980.530.00.98-0.120.06-0.810.34-0.05-0.670.180.04-0.46-0.540.99-0.76-0.88-0.41-0.27-0.79-0.2
0.41-0.60.510.430.360.010.10.45-0.19-0.36-0.590.340.02-0.50.310.03-0.060.140.45-0.6-0.55-0.1-0.13-0.59-0.1
-0.090.32-0.2-0.31-0.060.210.930.01-0.910.20.08-0.050.020.060.22-0.41-0.420.11-0.080.330.220.23-0.580.30.98
-0.690.89-0.51-0.34-0.68-0.1-0.16-0.740.280.370.86-0.67-0.50.06-0.63-0.31-0.090.3-0.730.890.890.41-0.120.90.23
0.22-0.420.330.290.22-0.070.340.31-0.4-0.31-0.470.180.310.22-0.630.350.22-0.030.26-0.42-0.37-0.080.16-0.410.11
0.05-0.30.180.230.06-0.31-0.390.10.35-0.36-0.120.040.03-0.41-0.310.350.38-0.170.08-0.3-0.2-0.170.54-0.28-0.44
-0.47-0.050.590.7-0.51-0.83-0.33-0.440.33-0.70.13-0.46-0.06-0.42-0.090.220.380.49-0.41-0.060.16-0.060.85-0.01-0.39
-0.560.330.490.71-0.64-0.60.12-0.56-0.08-0.420.4-0.540.140.110.3-0.03-0.170.49-0.510.330.490.410.350.360.17
0.99-0.830.220.00.980.49-0.010.99-0.120.0-0.870.990.45-0.08-0.730.260.08-0.41-0.51-0.82-0.92-0.42-0.24-0.85-0.24
-0.781.0-0.6-0.36-0.75-0.040.14-0.81-0.010.460.9-0.76-0.60.330.89-0.42-0.3-0.060.33-0.820.960.62-0.161.00.5
-0.90.96-0.39-0.16-0.89-0.30.06-0.920.070.220.93-0.88-0.550.220.89-0.37-0.20.160.49-0.920.960.530.050.970.4
-0.360.62-0.420.04-0.380.250.13-0.45-0.040.50.45-0.41-0.10.230.41-0.08-0.17-0.060.41-0.420.620.53-0.210.610.34
-0.29-0.160.550.65-0.33-0.71-0.52-0.280.51-0.640.09-0.27-0.13-0.58-0.120.160.540.850.35-0.24-0.160.05-0.21-0.12-0.56
-0.811.0-0.56-0.32-0.78-0.090.12-0.840.020.410.91-0.79-0.590.30.9-0.41-0.28-0.010.36-0.851.00.970.61-0.120.48
-0.250.5-0.31-0.35-0.210.180.88-0.16-0.830.280.26-0.2-0.10.980.230.11-0.44-0.390.17-0.240.50.40.34-0.560.48
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United Guardian Account Relationship Matchups

United Guardian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4M11.9M12.2M10.6M12.9M12.2M
Other Current Liab1.3M1.4M1.6M1.2M1.2M976.5K
Total Current Liabilities1.3M1.4M2.3M1.4M1.5M1.5M
Total Stockholder Equity10.6M10.4M9.8M9.3M11.4M10.2M
Property Plant And Equipment Net780.7K673.7K658.9K559.2K619.2K895.3K
Net Debt(1.0M)(591.4K)(531.2K)(830.5K)(8.2M)(7.8M)
Retained Earnings10.2M9.9M9.4M8.8M10.9M7.5M
Cash1.0M591.4K531.2K830.5K8.2M8.7M
Non Current Assets Total795.5K673.7K658.9K669.7K670.1K1.1M
Non Currrent Assets Other14.8K(151.7K)(83.2K)(1.0)(0.9)(0.85)
Cash And Short Term Investments7.9M8.2M8.2M6.5M9.1M7.2M
Net Receivables2.1M1.4M1.8M1.4M1.6M1.3M
Liabilities And Stockholders Equity12.4M11.9M12.2M10.6M12.9M12.2M
Non Current Liabilities Total386.9K151.7K83.2K30.4K435.7K306.6K
Inventory1.2M1.4M1.4M1.7M1.2M1.2M
Other Current Assets170.5K260.3K192.6K387.1K367.9K291.7K
Other Stockholder Equity6.7M6.4M0.09.8M8.8M9.3M
Total Liab1.7M1.6M2.4M1.4M1.5M1.4M
Total Current Assets11.6M11.2M11.6M10.0M12.3M10.6M
Accounts Payable71.4K31.8K410.9K30.4K134.4K204.9K
Property Plant And Equipment Gross780.7K7.4M7.5M7.5M7.7M8.1M
Short Term Investments6.9M7.6M7.6M5.7M851.3K808.8K
Other Assets59.5K29.6K14.8K110.5K1.00.95
Property Plant Equipment780.7K673.7K658.9K559.2K503.2K803.6K
Other Liab253.6K386.9K151.7K83.2K74.9K71.2K
Net Tangible Assets10.6M10.4M9.8M9.3M8.3M9.8M
Retained Earnings Total Equity10.5M10.5M10.2M9.9M8.9M9.7M
Deferred Long Term Liab33.9K253.6K386.9K151.7K174.4K203.6K
Net Invested Capital10.6M10.4M9.8M9.3M11.4M8.4M
Net Working Capital10.2M9.8M9.2M8.6M10.7M7.9M

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Guardian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Personal Care Products 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 United Guardian. If investors know United 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 United Guardian 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
1.074
Earnings Share
0.76
Revenue Per Share
2.679
Quarterly Revenue Growth
0.279
Return On Assets
0.1777
The market value of United Guardian is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian'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 United Guardian's market value can be influenced by many factors that don't directly affect United Guardian'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 United Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian'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.