Universal Stock Based Compensation vs Depreciation Analysis

UVV Stock  USD 56.09  1.18  2.06%   
Universal financial indicator trend analysis is much more than just breaking down Universal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal is a good investment. Please check the relationship between Universal Stock Based Compensation and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal. 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.
For more information on how to buy Universal Stock please use our How to Invest in Universal guide.

Stock Based Compensation vs Depreciation

Stock Based Compensation vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Stock Based Compensation account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Universal's Stock Based Compensation and Depreciation is 0.7. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Universal, assuming nothing else is changed. The correlation between historical values of Universal's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Universal are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Universal's Stock Based Compensation and Depreciation go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Depreciation

Depreciation indicates how much of Universal value has been used up. For tax purposes Universal can deduct the cost of the tangible assets it purchases as business expenses. However, Universal must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Universal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal 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. 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.
For more information on how to buy Universal Stock please use our How to Invest in Universal guide.Selling General Administrative is likely to drop to about 223.9 M in 2024. Tax Provision is likely to drop to about 31 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit408.9M458.3M528.1M438.2M
Total Revenue2.1B2.6B2.7B2.1B

Universal fundamental ratios Correlations

0.820.10.660.890.930.520.870.110.8-0.860.110.89-0.730.840.920.61-0.080.860.60.980.580.4-0.310.730.71
0.820.380.760.50.810.870.56-0.370.92-0.5-0.370.62-0.640.850.920.63-0.180.960.880.720.780.18-0.370.680.62
0.10.380.39-0.21-0.010.4-0.25-0.370.220.15-0.37-0.050.170.320.20.34-0.160.420.370.050.40.14-0.66-0.11-0.16
0.660.760.390.340.480.630.29-0.180.6-0.34-0.180.57-0.280.410.70.46-0.130.840.660.630.970.330.00.30.23
0.890.5-0.210.340.810.110.970.410.55-0.90.410.87-0.640.670.730.430.00.530.230.920.230.38-0.190.680.69
0.930.81-0.010.480.810.590.86-0.010.87-0.86-0.010.78-0.880.90.880.61-0.110.810.650.880.420.27-0.320.820.81
0.520.870.40.630.110.590.2-0.690.79-0.17-0.690.34-0.530.630.690.49-0.280.820.950.380.690.02-0.260.460.4
0.870.56-0.250.290.970.860.20.280.64-0.90.280.8-0.740.730.780.45-0.10.540.310.880.210.21-0.190.830.84
0.11-0.37-0.37-0.180.41-0.01-0.690.28-0.39-0.441.00.280.01-0.13-0.2-0.230.33-0.23-0.580.27-0.290.30.05-0.09-0.04
0.80.920.220.60.550.870.790.64-0.39-0.53-0.390.53-0.690.870.880.79-0.10.860.820.670.590.19-0.280.740.71
-0.86-0.50.15-0.34-0.9-0.86-0.17-0.9-0.44-0.53-0.44-0.810.8-0.71-0.68-0.370.11-0.59-0.27-0.9-0.22-0.30.27-0.72-0.75
0.11-0.37-0.37-0.180.41-0.01-0.690.281.0-0.39-0.440.280.01-0.13-0.2-0.230.33-0.23-0.580.27-0.290.30.05-0.09-0.04
0.890.62-0.050.570.870.780.340.80.280.53-0.810.28-0.630.620.760.31-0.060.690.410.940.480.46-0.20.560.53
-0.73-0.640.17-0.28-0.64-0.88-0.53-0.740.01-0.690.80.01-0.63-0.74-0.68-0.410.31-0.64-0.58-0.68-0.22-0.080.18-0.86-0.88
0.840.850.320.410.670.90.630.73-0.130.87-0.71-0.130.62-0.740.840.68-0.080.810.660.760.390.23-0.640.760.74
0.920.920.20.70.730.880.690.78-0.20.88-0.68-0.20.76-0.680.840.56-0.240.880.740.850.680.19-0.310.80.75
0.610.630.340.460.430.610.490.45-0.230.79-0.37-0.230.31-0.410.680.560.010.640.570.50.40.35-0.230.440.47
-0.08-0.18-0.16-0.130.0-0.11-0.28-0.10.33-0.10.110.33-0.060.31-0.08-0.240.01-0.15-0.43-0.07-0.090.170.0-0.35-0.34
0.860.960.420.840.530.810.820.54-0.230.86-0.59-0.230.69-0.640.810.880.64-0.150.840.790.820.32-0.350.590.54
0.60.880.370.660.230.650.950.31-0.580.82-0.27-0.580.41-0.580.660.740.57-0.430.840.470.670.12-0.220.520.47
0.980.720.050.630.920.880.380.880.270.67-0.90.270.94-0.680.760.850.5-0.070.790.470.530.43-0.290.670.65
0.580.780.40.970.230.420.690.21-0.290.59-0.22-0.290.48-0.220.390.680.4-0.090.820.670.530.21-0.030.280.2
0.40.180.140.330.380.270.020.210.30.19-0.30.30.46-0.080.230.190.350.170.320.120.430.21-0.03-0.08-0.08
-0.31-0.37-0.660.0-0.19-0.32-0.26-0.190.05-0.280.270.05-0.20.18-0.64-0.31-0.230.0-0.35-0.22-0.29-0.03-0.03-0.19-0.18
0.730.68-0.110.30.680.820.460.83-0.090.74-0.72-0.090.56-0.860.760.80.44-0.350.590.520.670.28-0.08-0.190.99
0.710.62-0.160.230.690.810.40.84-0.040.71-0.75-0.040.53-0.880.740.750.47-0.340.540.470.650.2-0.08-0.180.99
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Universal Account Relationship Matchups

Universal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.6B2.6B2.9B2.2B
Short Long Term Debt Total482.5M647.1M741.1M849.3M1.1B715.4M
Other Current Liab29.0M31.0M125.8M128.2M138.4M85.7M
Total Current Liabilities267.4M293.2M518.7M442.0M711.4M476.4M
Total Stockholder Equity1.2B1.3B1.3B1.4B1.4B935.3M
Property Plant And Equipment Net354.4M380.7M385.4M391.7M398.4M355.7M
Net Debt375.1M449.9M659.5M784.6M1.0B1.1B
Retained Earnings1.1B1.1B1.1B1.1B1.2B755.6M
Cash107.4M197.2M81.6M64.7M55.6M52.8M
Non Current Assets Total641.3M786.6M838.3M836.3M834.7M691.4M
Non Currrent Assets Other43.7M64.1M53.8M61.3M55.4M89.5M
Cash And Short Term Investments107.4M197.2M81.6M64.7M55.6M52.8M
Net Receivables352.2M368.1M390.0M414.3M530.6M405.9M
Common Stock Shares Outstanding25.1M24.8M24.9M24.9M25.0M23.6M
Liabilities And Stockholders Equity2.1B2.3B2.6B2.6B2.9B2.2B
Non Current Liabilities Total564.2M700.3M682.9M760.2M747.0M559.7M
Inventory806.6M786.6M1.0B1.0B1.4B742.6M
Other Current Assets67.5M203.5M259.7M287.1M113.1M101.7M
Other Stockholder Equity403K550.2M(84.3M)(77.1M)(1.0)(0.95)
Total Liab831.6M993.5M1.2B1.2B1.5B1.2B
Property Plant And Equipment Gross354.4M380.7M986.3M1.0B1.1B1.1B
Total Current Assets1.5B1.6B1.7B1.8B2.1B1.5B
Accumulated Other Comprehensive Income(151.6M)(107.0M)(84.3M)(77.1M)(81.6M)(85.7M)
Short Term Debt87.9M117.1M203.2M218.4M437.9M232.2M
Intangible Assets17.9M72.3M92.6M80.1M68.9M76.2M
Accounts Payable140.3M140.8M168.5M89.0M110.3M157.0M
Common Stock Total Equity321.5M326.7M330.7M337.2M387.8M233.1M
Common Stock321.5M326.7M330.7M337.2M345.6M227.3M
Other Liab124.7M132.4M162.4M133.5M153.6M164.6M
Other Assets64.7M76.3M65.4M74.4M1.00.95
Long Term Debt368.8M518.2M518.5M616.8M617.4M357.1M
Good Will126.8M173.1M214.0M213.9M213.9M137.1M
Property Plant Equipment315.2M349.5M345.1M351.2M316.0M289.4M
Current Deferred Revenue10.2M8.8M13.7M3.1M17.2M21.7M
Net Tangible Assets1.1B1.1B1.0B1.1B1.3B1.2B
Noncontrolling Interest In Consolidated Entity42.6M41.1M44.2M39.9M45.8M39.3M
Retained Earnings Total Equity1.1B1.1B1.1B1.1B1.3B1.1B

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