Universal Change To Inventory vs Free Cash Flow Analysis

UEIC Stock

USD 11.70 0.21 1.76%

Universal Electronics financial indicator trend analysis is much more than just breaking down Universal Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Universal Electronics is a good investment. Please check the relationship between Universal Electronics Change To Inventory and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Electronics Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Universal Electronics' Change To Inventory and Free Cash Flow is 0.27. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Universal Electronics, assuming nothing else is changed. The correlation between historical values of Universal Electronics' Change To Inventory and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Universal Electronics are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., Universal Electronics' Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Universal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Universal Electronics 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 Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.At present, Universal Electronics' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 142.8 M, whereas Selling General Administrative is forecasted to decline to about 80.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	173.0M	152.3M	97.6M	102.7M
Total Revenue	601.6M	542.8M	420.5M	353.9M

Gross Profit Total Revenue

Universal Electronics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Term Debt	Good Will	Common Stock Total Equity
Total Assets		0.72	0.72	0.9	0.88	0.97	0.15	0.9	0.95	0.67	0.96	0.45	0.67	0.94	0.45	0.83	0.98	0.7	-0.02	0.91	0.13	0.99	0.66	0.65	0.85	0.68
Short Long Term Debt Total	0.72		0.48	0.86	0.41	0.59	0.54	0.64	0.73	0.43	0.56	0.06	0.43	0.76	-0.04	0.57	0.79	0.62	-0.35	0.85	0.21	0.78	0.34	0.9	0.52	0.59
Other Current Liab	0.72	0.48		0.75	0.52	0.79	0.39	0.64	0.76	0.12	0.76	0.19	0.12	0.77	0.18	0.78	0.76	0.46	-0.16	0.76	0.14	0.68	0.46	0.32	0.67	0.46
Total Current Liabilities	0.9	0.86	0.75		0.59	0.85	0.52	0.81	0.96	0.42	0.82	0.22	0.42	0.93	0.16	0.81	0.95	0.76	-0.29	1.0	0.17	0.91	0.48	0.84	0.75	0.62
Total Stockholder Equity	0.88	0.41	0.52	0.59		0.87	-0.28	0.8	0.74	0.8	0.89	0.6	0.8	0.74	0.66	0.64	0.78	0.48	0.29	0.6	0.06	0.85	0.69	0.3	0.76	0.59
Property Plant And Equipment Net	0.97	0.59	0.79	0.85	0.87		0.11	0.87	0.93	0.55	0.98	0.45	0.55	0.9	0.49	0.86	0.94	0.64	0.06	0.86	0.07	0.92	0.67	0.5	0.87	0.62
Net Debt	0.15	0.54	0.39	0.52	-0.28	0.11		0.2	0.31	-0.42	0.07	-0.4	-0.42	0.34	-0.65	0.28	0.33	0.47	-0.79	0.51	0.35	0.19	-0.09	0.61	0.07	0.25
Retained Earnings	0.9	0.64	0.64	0.81	0.8	0.87	0.2		0.83	0.59	0.84	0.13	0.59	0.91	0.19	0.8	0.91	0.55	-0.29	0.82	0.18	0.91	0.47	0.59	0.79	0.79
Accounts Payable	0.95	0.73	0.76	0.96	0.74	0.93	0.31	0.83		0.52	0.91	0.39	0.52	0.93	0.37	0.83	0.96	0.72	-0.12	0.96	0.12	0.95	0.56	0.71	0.82	0.6
Cash	0.67	0.43	0.12	0.42	0.8	0.55	-0.42	0.59	0.52		0.55	0.4	1.0	0.52	0.53	0.39	0.56	0.29	0.29	0.42	0.07	0.71	0.39	0.39	0.48	0.48
Non Current Assets Total	0.96	0.56	0.76	0.82	0.89	0.98	0.07	0.84	0.91	0.55		0.56	0.55	0.85	0.56	0.84	0.93	0.63	0.12	0.83	0.01	0.9	0.74	0.48	0.89	0.55
Non Currrent Assets Other	0.45	0.06	0.19	0.22	0.6	0.45	-0.4	0.13	0.39	0.4	0.56		0.4	0.24	0.88	0.22	0.32	0.37	0.72	0.22	-0.11	0.37	0.79	0.01	0.36	0.04
Cash And Short Term Investments	0.67	0.43	0.12	0.42	0.8	0.55	-0.42	0.59	0.52	1.0	0.55	0.4		0.52	0.53	0.39	0.56	0.29	0.28	0.42	0.08	0.71	0.38	0.39	0.47	0.48
Net Receivables	0.94	0.76	0.77	0.93	0.74	0.9	0.34	0.91	0.93	0.52	0.85	0.24	0.52		0.22	0.77	0.94	0.73	-0.23	0.93	0.28	0.95	0.52	0.69	0.74	0.78
Common Stock Shares Outstanding	0.45	-0.04	0.18	0.16	0.66	0.49	-0.65	0.19	0.37	0.53	0.56	0.88	0.53	0.22		0.27	0.29	0.15	0.83	0.17	-0.33	0.37	0.69	-0.11	0.45	0.02
Non Current Liabilities Total	0.83	0.57	0.78	0.81	0.64	0.86	0.28	0.8	0.83	0.39	0.84	0.22	0.39	0.77	0.27		0.85	0.45	-0.18	0.83	0.18	0.79	0.58	0.51	0.7	0.64
Inventory	0.98	0.79	0.76	0.95	0.78	0.94	0.33	0.91	0.96	0.56	0.93	0.32	0.56	0.94	0.29	0.85		0.72	-0.17	0.96	0.13	0.97	0.59	0.73	0.85	0.67
Other Current Assets	0.7	0.62	0.46	0.76	0.48	0.64	0.47	0.55	0.72	0.29	0.63	0.37	0.29	0.73	0.15	0.45	0.72		-0.17	0.75	0.41	0.71	0.53	0.73	0.44	0.56
Other Stockholder Equity	-0.02	-0.35	-0.16	-0.29	0.29	0.06	-0.79	-0.29	-0.12	0.29	0.12	0.72	0.28	-0.23	0.83	-0.18	-0.17	-0.17		-0.29	-0.43	-0.09	0.39	-0.45	0.06	-0.35
Total Liab	0.91	0.85	0.76	1.0	0.6	0.86	0.51	0.82	0.96	0.42	0.83	0.22	0.42	0.93	0.17	0.83	0.96	0.75	-0.29		0.17	0.92	0.49	0.83	0.76	0.63
Property Plant And Equipment Gross	0.13	0.21	0.14	0.17	0.06	0.07	0.35	0.18	0.12	0.07	0.01	-0.11	0.08	0.28	-0.33	0.18	0.13	0.41	-0.43	0.17		0.2	0.15	0.23	-0.35	0.64
Total Current Assets	0.99	0.78	0.68	0.91	0.85	0.92	0.19	0.91	0.95	0.71	0.9	0.37	0.71	0.95	0.37	0.79	0.97	0.71	-0.09	0.92	0.2		0.59	0.72	0.79	0.73
Intangible Assets	0.66	0.34	0.46	0.48	0.69	0.67	-0.09	0.47	0.56	0.39	0.74	0.79	0.38	0.52	0.69	0.58	0.59	0.53	0.39	0.49	0.15	0.59		0.23	0.46	0.51
Short Term Debt	0.65	0.9	0.32	0.84	0.3	0.5	0.61	0.59	0.71	0.39	0.48	0.01	0.39	0.69	-0.11	0.51	0.73	0.73	-0.45	0.83	0.23	0.72	0.23		0.45	0.52
Good Will	0.85	0.52	0.67	0.75	0.76	0.87	0.07	0.79	0.82	0.48	0.89	0.36	0.47	0.74	0.45	0.7	0.85	0.44	0.06	0.76	-0.35	0.79	0.46	0.45		0.3
Common Stock Total Equity	0.68	0.59	0.46	0.62	0.59	0.62	0.25	0.79	0.6	0.48	0.55	0.04	0.48	0.78	0.02	0.64	0.67	0.56	-0.35	0.63	0.64	0.73	0.51	0.52	0.3

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Universal Electronics Account Relationship Matchups

Universal Electronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	564.2M	510.3M	510.3M	504.2M	355.9M	289.6M
Short Long Term Debt Total	83.6M	33.7M	70.3M	103.0M	72.4M	37.9M
Other Current Liab	94.0M	66.7M	59.6M	46.0M	42.5M	32.7M
Total Current Liabilities	266.5M	179.5M	216.8M	216.5M	161.1M	108.5M
Total Stockholder Equity	274.4M	313.3M	275.9M	268.4M	178.9M	172.8M
Property Plant And Equipment Net	110.6M	106.8M	94.5M	84.4M	63.3M	44.5M
Net Debt	9.3M	(23.5M)	9.5M	36.3M	29.6M	31.1M
Retained Earnings	286.4M	325.0M	330.3M	330.7M	232.5M	134.4M
Accounts Payable	102.6M	83.2M	92.7M	71.4M	57.0M	46.9M
Cash	74.3M	57.2M	60.8M	66.7M	42.8M	44.6M
Non Current Assets Total	185.4M	183.4M	173.2M	166.1M	97.0M	87.3M
Non Currrent Assets Other	2.2M	2.8M	2.3M	1.9M	1.6M	2.9M
Cash And Short Term Investments	74.3M	57.2M	60.8M	66.7M	42.8M	45.3M
Net Receivables	152.6M	142.4M	134.6M	124.5M	120.5M	77.3M
Common Stock Shares Outstanding	14.1M	14.2M	13.7M	12.8M	12.9M	12.3M
Liabilities And Stockholders Equity	564.2M	510.3M	510.3M	504.2M	355.9M	289.6M
Non Current Liabilities Total	23.3M	17.5M	17.6M	19.3M	15.8M	9.1M
Inventory	145.1M	120.4M	134.5M	140.2M	88.3M	69.5M
Other Current Assets	6.7M	6.8M	7.3M	6.6M	7.3M	7.7M
Other Stockholder Equity	10.5M	6.6M	(41.1M)	(41.4M)	(33.0M)	(31.4M)
Total Liab	289.8M	197.0M	234.4M	235.8M	177.0M	116.8M
Property Plant And Equipment Gross	110.6M	106.8M	94.5M	84.4M	226.6M	237.9M
Total Current Assets	378.8M	326.8M	337.1M	338.0M	258.9M	202.3M
Accumulated Other Comprehensive Income	(22.8M)	(18.5M)	(13.5M)	(21.2M)	(20.8M)	(19.7M)
Intangible Assets	19.8M	19.7M	20.2M	24.5M	25.3M	15.9M
Short Term Debt	68M	26.1M	60.8M	93.5M	59.8M	43.2M
Good Will	48.5M	48.4M	48.6M	48.5M	49.1M	0.0
Common Stock Total Equity	241K	244K	247K	250K	287.5K	223.5K
Common Stock	241K	244K	247K	250K	253K	225.7K
Other Assets	6.6M	27.8M	10.1M	8.2M	9.4M	10.4M
Treasury Stock	(277.8M)	(295.5M)	(355.2M)	(368.2M)	(331.4M)	(314.8M)
Property Plant Equipment	90.7M	87.3M	94.5M	62.8M	72.2M	56.4M
Other Liab	7.7M	3.8M	3.3M	4.3M	4.9M	7.2M
Current Deferred Revenue	1.8M	1.7M	1.4M	1.1M	3.8M	2.5M
Net Tangible Assets	206.1M	245.0M	207.3M	194.9M	224.1M	225.5M
Retained Earnings Total Equity	286.4M	325.0M	330.3M	330.7M	380.3M	283.9M
Capital Surpluse	288.3M	302.1M	314.1M	326.8M	375.9M	276.8M

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When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' 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 Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:

How To Invest In Universal

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Is Universal Stock a good investment?

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What is Universal Electronics' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Is Consumer Electronics 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 Electronics. 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 Electronics 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

(0.42)

Earnings Share

(2.05)

Revenue Per Share

29.552

Quarterly Revenue Growth

(0.05)

Return On Assets

(0)

The market value of Universal Electronics 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 Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' 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 Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' 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 Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' 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.

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Universal Change To Inventory vs Free Cash Flow Analysis

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Inventory

Free Cash Flow

Universal Electronics fundamental ratios Correlations

Universal Electronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Universal Electronics fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Inventory	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.97	Total Assets

Other Stockholder Equity	- 0.79	Net Debt
Common Stock Shares Outstanding	- 0.65	Net Debt
Short Term Debt	- 0.45	Other Stockholder Equity
Property Plant And Equipment Gross	- 0.43	Other Stockholder Equity
Cash And Short Term Investments	- 0.42	Net Debt
Cash	- 0.42	Net Debt