Universal Historical Balance Sheet
UVE Stock | USD 22.79 0.07 0.31% |
Trend analysis of Universal Insurance Holdings balance sheet accounts such as Total Assets of 2.4 B, Other Current Liab of 224.3 M, Total Current Liabilities of 645.7 M or Total Stockholder Equity of 358.4 M provides information on Universal Insurance's total assets, liabilities, and equity, which is the actual value of Universal Insurance to its prevalent stockholders. By breaking down trends over time using Universal Insurance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Universal Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Universal Insurance is a good buy for the upcoming year.
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About Universal Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Universal Insurance at a specified time, usually calculated after every quarter, six months, or one year. Universal Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Universal Insurance 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 Universal currently owns. An asset can also be divided into two categories, current and non-current.
Universal Insurance Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Universal Insurance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Universal Insurance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Universal Insurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Universal Insurance Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Universal Insurance 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 Universal Insurance 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.Short Term Investments
Short Term Investments is an item under the current assets section of Universal Insurance balance sheet. It contains any investments Universal Insurance Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Universal Insurance can easily liquidate in the marketplace.Most accounts from Universal Insurance's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Universal Insurance current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At present, Universal Insurance's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 358.4 M, whereas Net Debt is projected to grow to (266.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Cash | 250.5M | 388.7M | 397.3M | 417.2M | Accounts Payable | 188.7M | 403.0M | 212.8M | 223.5M |
Universal Insurance balance sheet Correlations
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Universal Insurance Account Relationship Matchups
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Universal Insurance balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.8B | 2.1B | 2.9B | 2.3B | 2.4B | |
Other Current Liab | (213.0M) | (69.7M) | (215.4M) | (404.6M) | 381.6M | 224.3M | |
Total Current Liabilities | 213.0M | 69.7M | 215.4M | 1.5M | 614.9M | 645.7M | |
Total Stockholder Equity | 493.9M | 449.3M | 429.7M | 287.9M | 341.3M | 358.4M | |
Property Plant And Equipment Net | 41.4M | 53.6M | 53.7M | 51.4M | 47.6M | 50.0M | |
Net Debt | (172.2M) | (158.7M) | (146.8M) | (285.9M) | (280.7M) | (266.7M) | |
Retained Earnings | 573.6M | 567.5M | 563.7M | 517.5M | 560.7M | 588.7M | |
Accounts Payable | 122.6M | 10.3M | 188.7M | 403.0M | 212.8M | 223.5M | |
Cash | 182.1M | 167.2M | 250.5M | 388.7M | 397.3M | 417.2M | |
Non Current Assets Total | 942.7M | 960.6M | 1.1B | 108.7M | 1.9B | 2.0B | |
Non Currrent Assets Other | (3.4M) | (6.3M) | (16.3M) | (1.1B) | 1.7B | 1.8B | |
Other Assets | 338.0M | 403.6M | 411.3M | 1.3B | (94.3M) | (99.0M) | |
Cash And Short Term Investments | 182.1M | 167.2M | 250.5M | 388.7M | 491.6M | 516.1M | |
Common Stock Shares Outstanding | 34.2M | 32.0M | 31.3M | 30.8M | 30.1M | 32.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.8B | 2.1B | 2.9B | 2.3B | 2.4B | |
Non Current Liabilities Total | 9.9M | 8.5M | 103.7M | 2.6B | 936.6M | 471.2M | |
Total Liab | 1.2B | 1.3B | 1.6B | 2.6B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 32.9M | 35.0M | 41.4M | 53.6M | 61.6M | 64.7M | |
Total Current Assets | 439.2M | 394.5M | 501.0M | 1.5B | 491.6M | 331.7M | |
Short Long Term Debt Total | 100.3M | 67.9M | 129.0M | 102.8M | 116.6M | 122.4M | |
Other Stockholder Equity | (100.5M) | (122.1M) | (118.9M) | (126.2M) | (145.7M) | (138.4M) | |
Short Term Debt | 90.4M | 59.4M | 26.8M | 0.0 | 14.6M | 13.9M | |
Intangible Assets | 91.9M | 110.6M | 108.8M | 103.7M | 110.0M | 115.5M | |
Net Receivables | 257.1M | 227.3M | 250.5M | 69.6M | 296.2M | 152.0M | |
Common Stock Total Equity | 465K | 467K | 468K | 470K | 540.5K | 513.5K | |
Common Stock | 467K | 468K | 470K | 472K | 542.8K | 515.7K | |
Accumulated Other Comprehensive Income | 20.4M | 3.3M | (15.6M) | (103.8M) | (74.2M) | (70.5M) | |
Other Liab | 145.1M | 135.5M | 76.4M | 501.4M | 576.6M | 605.4M | |
Other Current Assets | 390.2M | 312.5M | 370.1M | (808.9M) | 576.6M | 605.4M | |
Treasury Stock | (130.4M) | (196.6M) | (225.5M) | (227.1M) | (204.4M) | (194.2M) | |
Property Plant Equipment | 41.4M | 53.6M | 53.7M | 57.1M | 65.7M | 69.0M | |
Long Term Debt | 9.9M | 8.5M | 103.7M | 101.3M | 102.0M | 107.1M | |
Short Term Investments | 855.3M | 819.9M | 1.0B | 1.0B | 91.2M | 86.7M | |
Net Tangible Assets | 493.9M | 449.3M | 427.4M | 287.9M | 331.1M | 364.1M | |
Retained Earnings Total Equity | 553.2M | 573.6M | 567.5M | 563.7M | 648.3M | 404.6M | |
Long Term Debt Total | 9.9M | 8.5M | 102.2M | 101.3M | 116.5M | 122.3M | |
Capital Surpluse | 96.0M | 103.4M | 108.2M | 112.5M | 129.4M | 82.9M | |
Inventory | (390.2M) | (312.5M) | (370.1M) | 1.0B | (787.7M) | (748.3M) | |
Non Current Liabilities Other | 1.3B | 1.2B | 1.2B | 1.5B | 1.7B | 1.0B |
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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 Universal Insurance is a strong investment it is important to analyze Universal Insurance'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 Universal Insurance's future performance. For an informed investment choice regarding Universal 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 Universal Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. 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.
Is Property & Casualty Insurance 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 Insurance. 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 Insurance 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 0.301 | Dividend Share 0.64 | Earnings Share 2.48 | Revenue Per Share 52.62 | Quarterly Revenue Growth 0.076 |
The market value of Universal Insurance 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 Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance'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 Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance'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 Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance'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.