UHAL-B Stock | | | 62.44 0.89 1.41% |
U-Haul Holding financial indicator trend analysis is much more than just breaking down U Haul Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether U Haul Holding is a good investment. Please check the relationship between U-Haul Holding Capital Lease Obligations and its Net Tangible Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our
How to Trade U-Haul Stock guide.
Capital Lease Obligations vs Net Tangible Assets
Capital Lease Obligations vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
U Haul Holding Capital Lease Obligations account and
Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between U-Haul Holding's Capital Lease Obligations and Net Tangible Assets is 0.97. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of U Haul Holding, assuming nothing else is changed. The correlation between historical values of U-Haul Holding's Capital Lease Obligations and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of U Haul Holding are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Lease Obligations i.e., U-Haul Holding's Capital Lease Obligations and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Lease Obligations
U Haul Holding capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to U-Haul Holding asset purchases. For example, U-Haul Holding can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as U-Haul Holding control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from U-Haul Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into U Haul Holding 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 U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our
How to Trade U-Haul Stock guide.The current year's
Enterprise Value is expected to grow to about 17.1
B, whereas
Tax Provision is forecasted to decline to about 199.3
M.
U-Haul Holding fundamental ratios Correlations
Click cells to compare fundamentals
U-Haul Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
U-Haul Holding fundamental ratios Accounts
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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 U Haul Holding is a strong investment it is important to analyze U-Haul Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact U-Haul Holding's
future performance.
For an informed investment choice regarding U-Haul Stock, refer to the following important reports: Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For information on how to trade U-Haul Stock refer to our
How to Trade U-Haul Stock guide.
You can also try the
Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Please note, there is a significant difference between U-Haul Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if U-Haul Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U-Haul Holding'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.