UTI Other Stockholder Equity vs Accounts Payable Analysis

UTIAMC Stock   1,299  11.80  0.92%   
UTI Asset financial indicator trend analysis is much more than just breaking down UTI Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UTI Asset Management is a good investment. Please check the relationship between UTI Asset Other Stockholder Equity and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UTI Asset Management Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between UTI Asset's Other Stockholder Equity and Accounts Payable is 0.47. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of UTI Asset Management, assuming nothing else is changed. The correlation between historical values of UTI Asset's Other Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of UTI Asset Management are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Stockholder Equity i.e., UTI Asset's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents UTI Asset obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of UTI Asset Management are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from UTI Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UTI Asset Management 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 UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Issuance Of Capital Stock is expected to grow to about 278.4 M, whereas Selling General Administrative is forecasted to decline to about 427.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit7.5B7.1B12.8B8.1B
Total Revenue11.2B11.3B17.4B11.5B

UTI Asset fundamental ratios Correlations

0.910.430.650.80.270.94-0.740.97-0.450.890.590.850.680.960.950.86-0.450.270.960.81-0.490.08-0.030.960.89
0.910.090.370.90.180.96-0.710.83-0.310.950.580.780.580.810.860.78-0.30.380.80.73-0.320.050.120.80.7
0.430.090.80.080.080.27-0.170.45-0.490.150.10.50.310.50.310.52-0.690.190.510.43-0.230.1-0.530.50.62
0.650.370.80.150.350.41-0.310.71-0.250.280.130.550.510.760.510.67-0.750.220.770.56-0.280.18-0.450.760.88
0.80.90.080.15-0.160.95-0.70.65-0.530.990.730.720.40.630.820.71-0.130.430.620.69-0.42-0.160.210.630.47
0.270.180.080.35-0.160.03-0.340.450.11-0.03-0.330.170.250.440.240.16-0.31-0.360.430.250.130.220.010.440.51
0.940.960.270.410.950.03-0.70.84-0.450.980.660.830.590.820.880.83-0.290.360.820.76-0.430.040.040.820.7
-0.74-0.71-0.17-0.31-0.7-0.34-0.7-0.680.65-0.74-0.31-0.49-0.08-0.68-0.81-0.780.21-0.12-0.66-0.920.410.48-0.09-0.68-0.64
0.970.830.450.710.650.450.84-0.68-0.320.770.470.830.751.00.90.79-0.450.131.00.76-0.510.23-0.111.00.94
-0.45-0.31-0.49-0.25-0.530.11-0.450.65-0.32-0.49-0.49-0.440.08-0.36-0.58-0.510.42-0.38-0.34-0.610.340.65-0.2-0.36-0.36
0.890.950.150.280.99-0.030.98-0.740.77-0.490.70.780.50.750.880.77-0.20.380.740.74-0.45-0.070.140.750.6
0.590.580.10.130.73-0.330.66-0.310.47-0.490.70.640.560.480.70.27-0.180.470.470.25-0.57-0.080.490.470.31
0.850.780.50.550.720.170.83-0.490.83-0.440.780.640.760.830.820.64-0.580.520.830.61-0.450.24-0.050.830.77
0.680.580.310.510.40.250.59-0.080.750.080.50.560.760.730.590.3-0.350.130.750.18-0.390.690.020.730.64
0.960.810.50.760.630.440.82-0.681.0-0.360.750.480.830.730.910.8-0.510.171.00.78-0.530.18-0.121.00.96
0.950.860.310.510.820.240.88-0.810.9-0.580.880.70.820.590.910.75-0.370.30.890.8-0.64-0.110.160.910.81
0.860.780.520.670.710.160.83-0.780.79-0.510.770.270.640.30.80.75-0.450.270.80.93-0.31-0.14-0.320.80.81
-0.45-0.3-0.69-0.75-0.13-0.31-0.290.21-0.450.42-0.2-0.18-0.58-0.35-0.51-0.37-0.45-0.56-0.51-0.36-0.120.00.09-0.5-0.66
0.270.380.190.220.43-0.360.36-0.120.13-0.380.380.470.520.130.170.30.27-0.560.160.26-0.09-0.240.040.160.2
0.960.80.510.770.620.430.82-0.661.0-0.340.740.470.830.751.00.890.8-0.510.160.76-0.510.22-0.141.00.97
0.810.730.430.560.690.250.76-0.920.76-0.610.740.250.610.180.780.80.93-0.360.260.76-0.46-0.33-0.260.770.77
-0.49-0.32-0.23-0.28-0.420.13-0.430.41-0.510.34-0.45-0.57-0.45-0.39-0.53-0.64-0.31-0.12-0.09-0.51-0.460.080.11-0.52-0.41
0.080.050.10.18-0.160.220.040.480.230.65-0.07-0.080.240.690.18-0.11-0.140.0-0.240.22-0.330.08-0.290.180.15
-0.030.12-0.53-0.450.210.010.04-0.09-0.11-0.20.140.49-0.050.02-0.120.16-0.320.090.04-0.14-0.260.11-0.29-0.12-0.24
0.960.80.50.760.630.440.82-0.681.0-0.360.750.470.830.731.00.910.8-0.50.161.00.77-0.520.18-0.120.96
0.890.70.620.880.470.510.7-0.640.94-0.360.60.310.770.640.960.810.81-0.660.20.970.77-0.410.15-0.240.96
Click cells to compare fundamentals

UTI Asset Account Relationship Matchups

UTI Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.5B36.6B39.9B41.7B53.4B36.1B
Short Long Term Debt Total1.1B1.1B1.1B1.1B1.5B923.9M
Other Current Liab323.6M1.8B1.7B1.1B1.2B1.1B
Total Current Liabilities1.8B1.9B2.0B1.5B1.7B1.5B
Total Stockholder Equity27.6B32.3B36.1B38.7B43.9B34.9B
Other Liab1.7B1.8B1.8B927.7M1.1B1.6B
Net Tangible Assets26.0B27.6B32.1B36.0B41.4B30.4B
Property Plant And Equipment Net3.4B3.4B3.4B3.6B2.8B2.7B
Net Debt(118.4M)(978.3M)(687.7M)(968.7M)(1.5B)(1.4B)
Retained Earnings25.3B28.7B32.1B33.8B38.5B30.6B
Accounts Payable14.2M36.3M61.8M506.2M277M147.5M
Cash1.2B2.1B1.7B2.1B1.5B1.7B
Non Current Assets Total22.4B22.5B18.7B36.7B7.3B6.9B
Non Currrent Assets Other114.9M93.1M67.1M379.6M1.3B1.4B
Other Assets20K734.5M809.1M21.2B24.4B25.6B
Cash And Short Term Investments7.9B12.8B19.6B3.6B23.3B12.3B
Net Receivables1.0B556.4M1.0B938.1M883.7M968.4M
Good Will395.7M624.6M555.2M652.4M571.4M554.6M
Short Term Investments6.7B10.8B17.9B1.5B21.8B22.9B
Liabilities And Stockholders Equity31.5B36.6B39.9B41.7B53.4B36.3B
Non Current Liabilities Total2.0B2.4B1.7B1.6B2.0B1.6B
Inventory164.4M548.4M247.1M(15.8M)(41.2B)(39.1B)
Other Current Assets1.3B1.2B282.7M1.7B1.6B1.3B
Other Stockholder Equity258.1M356.1M472.3M497.2M4.1B4.3B
Total Liab3.8B4.3B3.7B3.1B3.7B3.9B
Total Current Assets9.2B14.2B21.2B5.0B24.9B16.3B
Accumulated Other Comprehensive Income1.4B2.2B2.4B3.1B3.4B6.0B
Intangible Assets125.6M109.6M69M65.3M77.2M80.3M
Property Plant Equipment3.4B3.5B3.4B3.5B3.1B2.8B
Net Invested Capital27.6B32.3B36.1B38.7B43.9B35.9B
Net Working Capital6.9B1.3B4.2B3.6B3.1B4.2B

Also Currently Popular

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.

Other Information on Investing in UTI Stock

Balance Sheet is a snapshot of the financial position of UTI Asset Management at a specified time, usually calculated after every quarter, six months, or one year. UTI Asset Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UTI Asset and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UTI currently owns. An asset can also be divided into two categories, current and non-current.