United Net Tangible Assets from 2010 to 2024

USEA Stock  USD 1.93  0.04  2.12%   
United Maritime's Net Tangible Assets are decreasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 5.7 M. Net Tangible Assets is the total assets of United Maritime minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
6.3 M
Current Value
5.7 M
Quarterly Volatility
457.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Maritime's main balance sheet or income statement drivers, such as Interest Income of 384.3 K, Depreciation And Amortization of 9.8 M or Interest Expense of 7.5 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.46 or PTB Ratio of 0.31. United financial statements analysis is a perfect complement when working with United Maritime Valuation or Volatility modules.
  
Check out the analysis of United Maritime Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.

Latest United Maritime's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of United Maritime over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. United Maritime's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Maritime's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

United Net Tangible Assets Regression Statistics

Arithmetic Mean7,105,933
Geometric Mean7,090,714
Coefficient Of Variation6.44
Mean Deviation302,096
Median7,311,908
Standard Deviation457,542
Sample Variance209.3B
Range1.6M
R-Value(0.67)
Mean Square Error123.2B
R-Squared0.45
Significance0.01
Slope(68,908)
Total Sum of Squares2.9T

United Net Tangible Assets History

20245.7 M
20236.3 M
2021M

About United Maritime Financial Statements

United Maritime stakeholders use historical fundamental indicators, such as United Maritime's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although United Maritime investors may analyze each financial statement separately, they are all interrelated. For example, changes in United Maritime's assets and liabilities are reflected in the revenues and expenses on United Maritime's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in United Maritime. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets6.3 M5.7 M

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.
When determining whether United Maritime offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Maritime'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 United Maritime Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Maritime Stock:
Check out the analysis of United Maritime Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Marine Transportation 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 United Maritime. If investors know United 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 United Maritime 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
9.111
Earnings Share
(0.26)
Revenue Per Share
5.318
Quarterly Revenue Growth
0.243
Return On Assets
(0.02)
The market value of United Maritime is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Maritime's value that differs from its market value or its book value, called intrinsic value, which is United Maritime'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 United Maritime's market value can be influenced by many factors that don't directly affect United Maritime'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 United Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Maritime'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.