Utg Inc Stock Current Asset
| UTGNDelisted Stock | USD 29.60 0.00 0.00% |
UTG Inc fundamentals help investors to digest information that contributes to UTG's financial success or failures. It also enables traders to predict the movement of UTG Pink Sheet. The fundamental analysis module provides a way to measure UTG's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to UTG pink sheet.
UTG |
UTG Inc Company Current Asset Analysis
UTG's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
CompetitionIn accordance with the recently published financial statements, UTG Inc has a Current Asset of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
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UTG Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0377 | ||||
| Profit Margin | 0.38 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 71.44 M | ||||
| Shares Outstanding | 3.16 M | ||||
| Shares Owned By Insiders | 70.90 % | ||||
| Price To Earning | 44.12 X | ||||
| Price To Book | 0.64 X | ||||
| Price To Sales | 1.58 X | ||||
| Revenue | 35.73 M | ||||
| Gross Profit | 18.82 M | ||||
| EBITDA | 14.49 M | ||||
| Net Income | 9.76 M | ||||
| Cash And Equivalents | 19.05 M | ||||
| Cash Per Share | 6.01 X | ||||
| Total Debt | 24 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 1.96 X | ||||
| Book Value Per Share | 43.82 X | ||||
| Cash Flow From Operations | (12.45 M) | ||||
| Earnings Per Share | 6.06 X | ||||
| Number Of Employees | 40 | ||||
| Beta | 0.0052 | ||||
| Market Capitalization | 76.68 M | ||||
| Total Asset | 438.46 M | ||||
| Retained Earnings | 33.06 M | ||||
| Z Score | 1.8 | ||||
| Net Asset | 438.46 M |
About UTG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze UTG Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of UTG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of UTG Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with UTG
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UTG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UTG will appreciate offsetting losses from the drop in the long position's value.Moving together with UTG Pink Sheet
Moving against UTG Pink Sheet
| 0.79 | MET-PF | MetLife Preferred Stock | PairCorr |
| 0.73 | ABL | Abacus Life | PairCorr |
| 0.71 | MET-PE | MetLife Preferred Stock | PairCorr |
| 0.52 | PUK | Prudential PLC ADR | PairCorr |
The ability to find closely correlated positions to UTG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UTG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UTG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UTG Inc to buy it.
The correlation of UTG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UTG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UTG Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UTG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in UTG Pink Sheet
If you are still planning to invest in UTG Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the UTG's history and understand the potential risks before investing.
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