Universal Income Before Tax vs Net Income From Continuing Ops Analysis

UHS Stock

USD 181.54 0.00 0.00%

Universal Health financial indicator trend analysis is much more than just breaking down Universal Health Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Health Services is a good investment. Please check the relationship between Universal Health Income Before Tax and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Health Services Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Universal Health's Income Before Tax and Net Income From Continuing Ops is 0.92. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Universal Health Services, assuming nothing else is changed. The correlation between historical values of Universal Health's Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Universal Health Services are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Universal Health's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Universal Health income statement and is an important metric when analyzing Universal Health Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

Most indicators from Universal Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Health Services 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 Universal Health Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Universal Health's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 237.3 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.34 in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	126.9M	207.2M	238.3M	250.2M
Depreciation And Amortization	581.9M	568.0M	653.2M	685.9M

Interest Expense Depreciation And Amortization

Universal Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.82	0.95	0.98	0.99	0.91	0.98	0.29	1.0	0.86	0.29	0.98	-0.9	0.95	0.98	0.9	-0.95	0.99	0.96	0.62	-0.37	0.29	0.87	0.35	0.23
Short Long Term Debt Total	0.97		0.73	0.87	0.9	0.97	0.98	0.91	0.12	0.97	0.79	0.12	0.97	-0.91	0.99	0.95	0.91	-0.89	0.99	0.9	0.52	-0.21	0.2	0.88	0.4	0.26
Other Current Liab	0.82	0.73		0.84	0.84	0.82	0.67	0.84	0.3	0.8	0.77	0.3	0.83	-0.67	0.7	0.83	0.79	-0.79	0.78	0.82	0.63	-0.6	0.26	0.8	0.09	-0.02
Total Current Liabilities	0.95	0.87	0.84		0.96	0.94	0.76	0.96	0.49	0.93	0.84	0.49	0.92	-0.83	0.83	0.94	0.82	-0.91	0.92	0.96	0.8	-0.45	0.25	0.81	0.22	0.11
Total Stockholder Equity	0.98	0.9	0.84	0.96		0.97	0.84	1.0	0.34	0.98	0.88	0.34	0.95	-0.85	0.87	0.96	0.87	-0.96	0.93	0.94	0.67	-0.51	0.39	0.83	0.27	0.16
Property Plant And Equipment Net	0.99	0.97	0.82	0.94	0.97		0.92	0.98	0.24	0.99	0.84	0.24	0.98	-0.9	0.94	0.99	0.94	-0.95	0.98	0.95	0.61	-0.39	0.23	0.92	0.25	0.12
Net Debt	0.91	0.98	0.67	0.76	0.84	0.92		0.85	-0.09	0.92	0.74	-0.09	0.93	-0.87	0.97	0.89	0.88	-0.84	0.94	0.8	0.42	-0.17	0.22	0.87	0.41	0.27
Retained Earnings	0.98	0.91	0.84	0.96	1.0	0.98	0.85		0.32	0.98	0.88	0.32	0.96	-0.86	0.88	0.96	0.88	-0.97	0.94	0.94	0.66	-0.5	0.38	0.85	0.27	0.15
Cash	0.29	0.12	0.3	0.49	0.34	0.24	-0.09	0.32		0.23	0.25	1.0	0.2	-0.21	0.12	0.28	0.13	-0.25	0.25	0.5	0.52	-0.21	-0.08	0.08	-0.03	-0.02
Non Current Assets Total	1.0	0.97	0.8	0.93	0.98	0.99	0.92	0.98	0.23		0.85	0.23	0.98	-0.9	0.95	0.97	0.9	-0.95	0.98	0.94	0.6	-0.36	0.33	0.86	0.38	0.26
Non Currrent Assets Other	0.86	0.79	0.77	0.84	0.88	0.84	0.74	0.88	0.25	0.85		0.25	0.86	-0.67	0.75	0.82	0.81	-0.79	0.81	0.82	0.62	-0.48	0.39	0.73	0.23	0.14
Cash And Short Term Investments	0.29	0.12	0.3	0.49	0.34	0.24	-0.09	0.32	1.0	0.23	0.25		0.2	-0.21	0.12	0.28	0.13	-0.25	0.25	0.5	0.52	-0.21	-0.08	0.08	-0.03	-0.02
Net Receivables	0.98	0.97	0.83	0.92	0.95	0.98	0.93	0.96	0.2	0.98	0.86	0.2		-0.88	0.95	0.98	0.94	-0.93	0.98	0.95	0.61	-0.39	0.23	0.93	0.27	0.13
Common Stock Shares Outstanding	-0.9	-0.91	-0.67	-0.83	-0.85	-0.9	-0.87	-0.86	-0.21	-0.9	-0.67	-0.21	-0.88		-0.9	-0.89	-0.83	0.9	-0.92	-0.86	-0.49	0.19	-0.22	-0.81	-0.4	-0.24
Non Current Liabilities Total	0.95	0.99	0.7	0.83	0.87	0.94	0.97	0.88	0.12	0.95	0.75	0.12	0.95	-0.9		0.93	0.9	-0.85	0.98	0.89	0.44	-0.14	0.15	0.87	0.44	0.31
Inventory	0.98	0.95	0.83	0.94	0.96	0.99	0.89	0.96	0.28	0.97	0.82	0.28	0.98	-0.89	0.93		0.95	-0.95	0.97	0.95	0.61	-0.41	0.16	0.94	0.17	0.04
Other Current Assets	0.9	0.91	0.79	0.82	0.87	0.94	0.88	0.88	0.13	0.9	0.81	0.13	0.94	-0.83	0.9	0.95		-0.86	0.91	0.88	0.44	-0.35	0.05	0.96	0.08	-0.06
Other Stockholder Equity	-0.95	-0.89	-0.79	-0.91	-0.96	-0.95	-0.84	-0.97	-0.25	-0.95	-0.79	-0.25	-0.93	0.9	-0.85	-0.95	-0.86		-0.91	-0.89	-0.61	0.48	-0.35	-0.85	-0.22	-0.09
Total Liab	0.99	0.99	0.78	0.92	0.93	0.98	0.94	0.94	0.25	0.98	0.81	0.25	0.98	-0.92	0.98	0.97	0.91	-0.91		0.95	0.57	-0.25	0.19	0.88	0.39	0.26
Total Current Assets	0.96	0.9	0.82	0.96	0.94	0.95	0.8	0.94	0.5	0.94	0.82	0.5	0.95	-0.86	0.89	0.95	0.88	-0.89	0.95		0.68	-0.37	0.14	0.85	0.25	0.13
Short Term Debt	0.62	0.52	0.63	0.8	0.67	0.61	0.42	0.66	0.52	0.6	0.62	0.52	0.61	-0.49	0.44	0.61	0.44	-0.61	0.57	0.68		-0.43	0.2	0.5	0.04	-0.03
Intangible Assets	-0.37	-0.21	-0.6	-0.45	-0.51	-0.39	-0.17	-0.5	-0.21	-0.36	-0.48	-0.21	-0.39	0.19	-0.14	-0.41	-0.35	0.48	-0.25	-0.37	-0.43		-0.53	-0.38	0.36	0.39
Accounts Payable	0.29	0.2	0.26	0.25	0.39	0.23	0.22	0.38	-0.08	0.33	0.39	-0.08	0.23	-0.22	0.15	0.16	0.05	-0.35	0.19	0.14	0.2	-0.53		-0.03	0.44	0.44
Property Plant And Equipment Gross	0.87	0.88	0.8	0.81	0.83	0.92	0.87	0.85	0.08	0.86	0.73	0.08	0.93	-0.81	0.87	0.94	0.96	-0.85	0.88	0.85	0.5	-0.38	-0.03		-0.02	-0.17
Common Stock Total Equity	0.35	0.4	0.09	0.22	0.27	0.25	0.41	0.27	-0.03	0.38	0.23	-0.03	0.27	-0.4	0.44	0.17	0.08	-0.22	0.39	0.25	0.04	0.36	0.44	-0.02		0.98
Common Stock	0.23	0.26	-0.02	0.11	0.16	0.12	0.27	0.15	-0.02	0.26	0.14	-0.02	0.13	-0.24	0.31	0.04	-0.06	-0.09	0.26	0.13	-0.03	0.39	0.44	-0.17	0.98

Click cells to compare fundamentals

Universal Health Account Relationship Matchups

Universal Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.5B	13.1B	13.5B	14.0B	16.1B	16.9B
Short Long Term Debt Total	4.2B	4.6B	5.3B	5.4B	6.2B	6.5B
Other Current Liab	1.0B	1.1B	1.1B	1.1B	1.3B	1.4B
Total Current Liabilities	2.5B	2.0B	1.9B	2.0B	2.3B	2.4B
Total Stockholder Equity	6.3B	6.1B	5.9B	6.1B	7.1B	7.4B
Property Plant And Equipment Net	5.7B	6.2B	6.4B	6.6B	7.5B	7.9B
Net Debt	3.0B	4.4B	5.2B	5.2B	6.0B	6.3B
Retained Earnings	6.7B	6.6B	6.5B	6.8B	7.8B	8.2B
Cash	1.2B	115.3M	102.8M	119.4M	137.4M	144.2M
Non Current Assets Total	10.2B	10.8B	11.0B	11.2B	12.8B	13.5B
Non Currrent Assets Other	575.0M	573.4M	305.5M	665.4M	765.2M	803.4M
Cash And Short Term Investments	1.2B	115.3M	102.8M	119.4M	137.4M	144.2M
Net Receivables	1.7B	1.7B	2.0B	2.2B	2.6B	2.7B
Common Stock Shares Outstanding	85.6M	83.7M	73.8M	70.1M	63.1M	88.5M
Liabilities And Stockholders Equity	13.5B	13.1B	13.5B	14.0B	16.1B	16.9B
Non Current Liabilities Total	4.6B	4.9B	5.6B	5.8B	6.6B	6.9B
Inventory	190.4M	206.8M	218.5M	217.0M	249.5M	262.0M
Other Current Assets	138.0M	194.8M	198.3M	236.7M	272.2M	285.8M
Other Stockholder Equity	(479.5M)	(545.5M)	(604.1M)	(659.9M)	(593.9M)	(564.2M)
Total Liab	7.1B	6.9B	7.5B	7.8B	8.9B	9.4B
Total Current Assets	3.3B	2.3B	2.5B	2.8B	3.2B	3.4B
Short Term Debt	451.6M	177.4M	217.0M	272.9M	313.9M	329.6M
Intangible Assets	82.6M	81.0M	78.1M	77.0M	88.6M	84.1M
Accounts Payable	570.5M	658.9M	636.6M	614.0M	706.1M	426.3M
Property Plant And Equipment Gross	5.7B	10.8B	11.5B	12.2B	14.0B	14.7B
Accumulated Other Comprehensive Income	48.1M	30.3M	(9.7M)	9.3M	10.7M	11.2M
Common Stock Total Equity	914K	867K	851K	771K	886.7K	821.9K
Common Stock	851K	771K	710K	672K	772.8K	817.0K
Other Liab	355.0M	786.7M	464.8M	487.7M	560.8M	390.4M
Other Assets	316.4M	602.7M	625.6M	674.3M	775.4M	814.2M
Long Term Debt	3.5B	4.1B	4.7B	4.8B	5.5B	2.8B
Good Will	3.9B	4.0B	3.9B	3.9B	4.5B	2.5B
Property Plant Equipment	5.0B	5.4B	6.2B	6.4B	7.3B	7.7B
Net Tangible Assets	5.8B	6.9B	2.1B	1.9B	2.2B	3.9B
Warrants	4.3M	4.3M	4.6M	5.1M	4.6M	4.4M
Noncontrolling Interest In Consolidated Entity	76.5M	74.8M	84.8M	103.4M	118.9M	71.4M
Retained Earnings Total Equity	5.4B	5.5B	6.3B	6.1B	7.0B	4.0B
Long Term Debt Total	3.9B	3.5B	4.1B	4.7B	5.4B	4.1B

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 Universal Stock Analysis

When running Universal Health's price analysis, check to measure Universal Health's 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 Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC