Universal Good Will vs Other Stockholder Equity Analysis

UTI Stock  USD 24.81  1.40  5.34%   
Universal Technical financial indicator trend analysis is much more than just breaking down Universal Technical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Technical is a good investment. Please check the relationship between Universal Technical Good Will and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Technical Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Universal Technical's Good Will and Other Stockholder Equity is 0.01. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Universal Technical Institute, assuming nothing else is changed. The correlation between historical values of Universal Technical's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Universal Technical Institute are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Universal Technical's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

Most indicators from Universal Technical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Technical 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 Technical Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of now, Universal Technical's Enterprise Value Multiple is decreasing as compared to previous years. The Universal Technical's current Enterprise Value is estimated to increase to about 861.5 M, while Selling General Administrative is projected to decrease to under 140.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit211.5M277.5M732.7M769.3M
Total Revenue418.8M607.4M732.7M380.9M

Universal Technical fundamental ratios Correlations

0.880.850.890.99-0.140.70.82-0.010.330.960.70.940.840.87-0.550.990.36-0.280.820.80.620.330.480.90.99
0.880.60.780.82-0.30.780.810.090.660.710.810.690.520.8-0.240.820.580.090.740.530.530.130.810.580.82
0.850.60.60.89-0.150.460.64-0.080.060.90.470.940.820.76-0.720.890.08-0.60.730.680.630.390.170.910.86
0.890.780.60.84-0.160.740.72-0.010.270.850.730.810.730.75-0.480.860.2-0.180.680.720.530.150.450.790.86
0.990.820.890.84-0.080.630.8-0.080.230.980.620.960.870.85-0.61.00.31-0.340.830.830.610.380.390.930.99
-0.14-0.3-0.15-0.16-0.08-0.45-0.22-0.26-0.47-0.04-0.48-0.120.02-0.220.07-0.10.020.24-0.160.42-0.310.37-0.380.0-0.05
0.70.780.460.740.63-0.450.810.340.640.580.980.60.380.85-0.180.640.39-0.130.40.360.50.260.710.490.62
0.820.810.640.720.8-0.220.810.020.50.740.830.710.630.95-0.390.80.37-0.170.710.570.690.320.650.660.8
-0.010.09-0.08-0.01-0.08-0.260.340.020.23-0.070.28-0.06-0.090.030.22-0.060.39-0.05-0.38-0.03-0.240.090.17-0.1-0.06
0.330.660.060.270.23-0.470.640.50.230.090.70.09-0.060.450.280.220.560.320.24-0.10.340.010.83-0.060.21
0.960.710.90.850.98-0.040.580.74-0.070.090.560.990.930.81-0.670.980.19-0.460.780.870.60.410.240.980.98
0.70.810.470.730.62-0.480.980.830.280.70.560.580.360.85-0.170.630.36-0.080.480.330.610.150.780.470.61
0.940.690.940.810.96-0.120.60.71-0.060.090.990.580.90.81-0.70.960.14-0.560.740.80.620.420.210.980.95
0.840.520.820.730.870.020.380.63-0.09-0.060.930.360.90.64-0.760.880.04-0.60.670.830.570.37-0.010.940.9
0.870.80.760.750.85-0.220.850.950.030.450.810.850.810.64-0.440.850.37-0.260.720.620.70.450.60.740.83
-0.55-0.24-0.72-0.48-0.60.07-0.18-0.390.220.28-0.67-0.17-0.7-0.76-0.44-0.620.320.65-0.46-0.5-0.52-0.120.18-0.73-0.6
0.990.820.890.861.0-0.10.640.8-0.060.220.980.630.960.880.85-0.620.29-0.350.820.830.610.350.390.940.99
0.360.580.080.20.310.020.390.370.390.560.190.360.140.040.370.320.290.420.220.25-0.080.40.60.040.31
-0.280.09-0.6-0.18-0.340.24-0.13-0.17-0.050.32-0.46-0.08-0.56-0.6-0.260.65-0.350.42-0.11-0.23-0.34-0.320.48-0.59-0.32
0.820.740.730.680.83-0.160.40.71-0.380.240.780.480.740.670.72-0.460.820.22-0.110.590.710.050.470.710.82
0.80.530.680.720.830.420.360.57-0.03-0.10.870.330.80.830.62-0.50.830.25-0.230.590.350.510.10.850.86
0.620.530.630.530.61-0.310.50.69-0.240.340.60.610.620.570.7-0.520.61-0.08-0.340.710.35-0.010.380.580.6
0.330.130.390.150.380.370.260.320.090.010.410.150.420.370.45-0.120.350.4-0.320.050.51-0.01-0.110.430.35
0.480.810.170.450.39-0.380.710.650.170.830.240.780.21-0.010.60.180.390.60.480.470.10.38-0.110.070.38
0.90.580.910.790.930.00.490.66-0.1-0.060.980.470.980.940.74-0.730.940.04-0.590.710.850.580.430.070.93
0.990.820.860.860.99-0.050.620.8-0.060.210.980.610.950.90.83-0.60.990.31-0.320.820.860.60.350.380.93
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Universal Technical Account Relationship Matchups

Universal Technical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets442.0M512.6M552.9M740.7M744.6M781.8M
Total Stockholder Equity176.5M188.5M215.4M226.0M260.2M273.2M
Net Debt81.0M64.3M143.3M198.1M107.9M113.3M
Cash76.8M133.7M66.5M151.5M161.9M170.0M
Non Current Assets Total261.8M329.2M417.0M535.7M522.6M548.8M
Non Currrent Assets Other(41.0M)(43.5M)3.9M10.8M26.6M27.9M
Cash And Short Term Investments114.9M133.7M95.4M151.5M161.9M84.3M
Common Stock Shares Outstanding30.1M33.1M33.7M34.5M50.9M29.2M
Liabilities And Stockholders Equity442.0M512.6M552.9M740.7M744.6M781.8M
Other Current Assets24.7M27.0M14.9M22.3M22.8M20.3M
Other Stockholder Equity278.3M141.9M148.0M151.1M220.6M138.2M
Total Liab265.5M324.0M337.5M514.7M484.3M508.6M
Total Current Assets180.2M183.4M136.0M205.0M222.0M127.9M
Short Long Term Debt Total157.8M198.0M209.8M349.6M269.8M283.3M
Other Current Liab44.7M46.4M47.7M59.5M86.2M90.5M
Total Current Liabilities121.6M132.7M137.7M184.7M205.0M115.5M
Other Liab9.6M8.2M4.1M5.4M6.2M5.9M
Property Plant And Equipment Net217.4M281.1M346.3M443.0M445.8M468.1M
Retained Earnings(33.0M)(22.0M)(1.3M)5.9M38.5M40.4M
Accounts Payable12.5M13.7M21.7M14.4M26.3M34.0M
Other Assets31.7M39.8M39.6M43.2M49.7M52.1M
Net Receivables40.6M22.7M22.1M31.2M37.3M22.2M
Non Current Liabilities Total143.8M191.3M199.8M330.0M279.4M293.4M
Property Plant And Equipment Gross217.4M281.1M346.3M443.0M509.5M534.9M
Short Term Debt23.8M15.0M14.1M25.0M28.7M30.2M
Property Plant Equipment217.4M281.1M346.3M443.0M509.5M534.9M
Current Deferred Revenue40.7M57.6M54.2M85.7M92.5M55.4M
Inventory18.2M18.9M9.7M(957K)(1.1M)(1.0M)
Net Tangible Assets168.3M111.5M117.8M112.1M128.9M132.2M
Retained Earnings Total Equity(44.7M)(33.0M)(22.0M)(1.3M)(1.2M)(1.1M)
Capital Surpluse256.3M209.9M211.2M214.9M247.1M229.2M
Deferred Long Term Liab12.3M10.7M674K475K427.5K406.1K

Currently Active Assets on Macroaxis

When determining whether Universal Technical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Technical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Technical Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Technical Institute Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Diversified Consumer Services 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 Universal Technical. If investors know Universal 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 Universal Technical 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
2.5
Earnings Share
0.75
Revenue Per Share
15.885
Quarterly Revenue Growth
0.158
Return On Assets
0.0404
The market value of Universal Technical is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical'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 Universal Technical's market value can be influenced by many factors that don't directly affect Universal Technical'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 Universal Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical'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.