Universal Free Cash Flow vs Free Cash Flow Per Share Analysis

USAP Stock

USD 44.28 0.02 0.05%

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

Free Cash Flow vs Free Cash Flow Per Share

Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Universal Stainless Alloy Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Universal Stainless' Free Cash Flow and Free Cash Flow Per Share is 0.98. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Universal Stainless Alloy, assuming nothing else is changed. The correlation between historical values of Universal Stainless' Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Universal Stainless Alloy are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., Universal Stainless' Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow

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

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

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

At this time, Universal Stainless' Tax Provision is relatively stable compared to the past year. As of 12/18/2024, Enterprise Value Over EBITDA is likely to grow to 13.27, while Enterprise Value is likely to drop slightly above 140.9 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	20.2M	21.2M	27.8M	14.3M
Cost Of Revenue	148.0M	187.9M	244.4M	148.6M

Total Operating Expenses Cost Of Revenue

Universal Stainless 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	Short Term Debt	Other Assets	Long Term Debt	Common Stock Total Equity
Total Assets		0.84	-0.08	0.63	0.92	0.93	0.74	0.96	0.57	-0.41	0.91	0.02	-0.41	0.78	0.81	0.73	0.79	0.24	0.57	0.88	0.4	0.87	0.15	0.35	0.76	0.43
Short Long Term Debt Total	0.84		-0.21	0.25	0.62	0.83	0.9	0.77	0.27	-0.52	0.86	0.19	-0.52	0.59	0.52	0.92	0.5	0.07	0.5	0.93	0.38	0.62	-0.1	0.53	0.98	0.1
Other Current Liab	-0.08	-0.21		0.2	0.1	-0.29	0.05	-0.18	0.15	0.04	-0.34	0.29	0.04	0.17	0.4	-0.38	0.27	0.83	-0.08	-0.29	0.76	0.25	0.21	0.14	-0.2	0.65
Total Current Liabilities	0.63	0.25	0.2		0.71	0.41	0.19	0.54	0.96	0.11	0.34	-0.1	0.11	0.8	0.7	0.06	0.81	0.4	0.05	0.38	0.3	0.82	0.23	-0.08	0.17	0.71
Total Stockholder Equity	0.92	0.62	0.1	0.71		0.83	0.54	0.91	0.62	-0.35	0.76	-0.15	-0.35	0.69	0.94	0.43	0.91	0.42	0.58	0.63	0.45	0.9	0.37	0.17	0.51	0.67
Property Plant And Equipment Net	0.93	0.83	-0.29	0.41	0.83		0.72	0.97	0.33	-0.51	0.98	-0.17	-0.51	0.56	0.65	0.77	0.58	-0.01	0.66	0.85	0.21	0.64	0.17	0.27	0.75	0.19
Net Debt	0.74	0.9	0.05	0.19	0.54	0.72		0.69	0.2	-0.61	0.76	0.26	-0.61	0.58	0.54	0.84	0.41	0.29	0.45	0.84	0.6	0.55	-0.11	0.52	0.91	0.11
Retained Earnings	0.96	0.77	-0.18	0.54	0.91	0.97	0.69		0.46	-0.49	0.95	-0.12	-0.49	0.65	0.76	0.7	0.69	0.12	0.63	0.82	0.28	0.75	0.22	0.26	0.68	0.33
Accounts Payable	0.57	0.27	0.15	0.96	0.62	0.33	0.2	0.46		0.18	0.27	-0.07	0.18	0.8	0.61	0.09	0.78	0.38	0.01	0.39	0.33	0.8	-0.03	-0.08	0.23	0.65
Cash	-0.41	-0.52	0.04	0.11	-0.35	-0.51	-0.61	-0.49	0.18		-0.52	0.03	1.0	-0.16	-0.35	-0.48	-0.15	-0.18	-0.33	-0.41	-0.26	-0.19	-0.23	-0.1	-0.48	-0.03
Non Current Assets Total	0.91	0.86	-0.34	0.34	0.76	0.98	0.76	0.95	0.27	-0.52		-0.04	-0.52	0.56	0.57	0.85	0.49	-0.08	0.63	0.9	0.17	0.59	0.11	0.37	0.79	0.07
Non Currrent Assets Other	0.02	0.19	0.29	-0.1	-0.15	-0.17	0.26	-0.12	-0.07	0.03	-0.04		0.03	0.23	-0.07	0.29	-0.1	0.19	-0.15	0.24	0.27	0.09	-0.17	0.78	0.26	-0.12
Cash And Short Term Investments	-0.41	-0.52	0.04	0.11	-0.35	-0.51	-0.61	-0.49	0.18	1.0	-0.52	0.03		-0.16	-0.35	-0.48	-0.15	-0.18	-0.33	-0.41	-0.26	-0.19	-0.23	-0.1	-0.48	-0.03
Net Receivables	0.78	0.59	0.17	0.8	0.69	0.56	0.58	0.65	0.8	-0.16	0.56	0.23	-0.16		0.68	0.51	0.7	0.38	0.19	0.73	0.45	0.86	-0.04	0.29	0.57	0.52
Common Stock Shares Outstanding	0.81	0.52	0.4	0.7	0.94	0.65	0.54	0.76	0.61	-0.35	0.57	-0.07	-0.35	0.68		0.27	0.93	0.68	0.46	0.48	0.67	0.91	0.41	0.14	0.42	0.83
Non Current Liabilities Total	0.73	0.92	-0.38	0.06	0.43	0.77	0.84	0.7	0.09	-0.48	0.85	0.29	-0.48	0.51	0.27		0.21	-0.19	0.44	0.95	0.17	0.4	-0.25	0.59	0.93	-0.22
Inventory	0.79	0.5	0.27	0.81	0.91	0.58	0.41	0.69	0.78	-0.15	0.49	-0.1	-0.15	0.7	0.93	0.21		0.59	0.39	0.46	0.57	0.96	0.25	0.09	0.41	0.83
Other Current Assets	0.24	0.07	0.83	0.4	0.42	-0.01	0.29	0.12	0.38	-0.18	-0.08	0.19	-0.18	0.38	0.68	-0.19	0.59		0.12	-0.05	0.85	0.55	0.26	0.14	0.06	0.8
Other Stockholder Equity	0.57	0.5	-0.08	0.05	0.58	0.66	0.45	0.63	0.01	-0.33	0.63	-0.15	-0.33	0.19	0.46	0.44	0.39	0.12		0.43	0.28	0.36	0.08	0.31	0.46	0.11
Total Liab	0.88	0.93	-0.29	0.38	0.63	0.85	0.84	0.82	0.39	-0.41	0.9	0.24	-0.41	0.73	0.48	0.95	0.46	-0.05	0.43		0.25	0.64	-0.15	0.52	0.92	0.03
Property Plant And Equipment Gross	0.4	0.38	0.76	0.3	0.45	0.21	0.6	0.28	0.33	-0.26	0.17	0.27	-0.26	0.45	0.67	0.17	0.57	0.85	0.28	0.25		0.58	-0.03	0.32	0.41	0.62
Total Current Assets	0.87	0.62	0.25	0.82	0.9	0.64	0.55	0.75	0.8	-0.19	0.59	0.09	-0.19	0.86	0.91	0.4	0.96	0.55	0.36	0.64	0.58		0.17	0.25	0.55	0.75
Short Term Debt	0.15	-0.1	0.21	0.23	0.37	0.17	-0.11	0.22	-0.03	-0.23	0.11	-0.17	-0.23	-0.04	0.41	-0.25	0.25	0.26	0.08	-0.15	-0.03	0.17		-0.13	-0.27	0.41
Other Assets	0.35	0.53	0.14	-0.08	0.17	0.27	0.52	0.26	-0.08	-0.1	0.37	0.78	-0.1	0.29	0.14	0.59	0.09	0.14	0.31	0.52	0.32	0.25	-0.13		0.57	-0.05
Long Term Debt	0.76	0.98	-0.2	0.17	0.51	0.75	0.91	0.68	0.23	-0.48	0.79	0.26	-0.48	0.57	0.42	0.93	0.41	0.06	0.46	0.92	0.41	0.55	-0.27	0.57		0.01
Common Stock Total Equity	0.43	0.1	0.65	0.71	0.67	0.19	0.11	0.33	0.65	-0.03	0.07	-0.12	-0.03	0.52	0.83	-0.22	0.83	0.8	0.11	0.03	0.62	0.75	0.41	-0.05	0.01

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Universal Stainless Account Relationship Matchups

Universal Stainless fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	368.4M	303.0M	330.6M	363.3M	356.7M	226.6M
Short Long Term Debt Total	64.3M	50.2M	69.2M	98.4M	85.8M	43.3M
Other Current Liab	830K	4.0M	4.7M	3.6M	7.2M	7.5M
Total Current Liabilities	50.1M	33.9M	31.6M	45.5M	45.9M	26.2M
Total Stockholder Equity	243.1M	225.7M	226.3M	219.8M	226.0M	145.2M
Property Plant And Equipment Net	176.1M	165.0M	159.2M	163.5M	159.8M	111.0M
Net Debt	64.2M	50.0M	69.1M	96.4M	85.4M	89.7M
Retained Earnings	150.5M	131.4M	130.7M	122.6M	127.5M	94.3M
Accounts Payable	40.9M	12.6M	24M	38.2M	34.9M	18.1M
Cash	170K	164K	118K	2.0M	394K	374.3K
Non Current Assets Total	176.9M	165.9M	160.1M	165.8M	160.9M	115.2M
Non Currrent Assets Other	(10.1M)	(4.8M)	(1.6M)	2.1M	1.0M	1.1M
Cash And Short Term Investments	170K	164K	118K	2.0M	394K	374.3K
Net Receivables	35.6M	18.1M	21.2M	31.0M	39.0M	24.0M
Common Stock Shares Outstanding	8.9M	8.8M	8.9M	9.0M	9.3M	7.6M
Liabilities And Stockholders Equity	368.4M	303.0M	330.6M	363.3M	356.7M	226.6M
Non Current Liabilities Total	75.1M	43.5M	72.7M	98.1M	84.7M	55.2M
Inventory	147.4M	111.4M	140.7M	154.2M	144.7M	74.6M
Other Current Assets	8.3M	7.5M	8.6M	10.4M	11.7M	12.3M
Other Stockholder Equity	92.7M	94.3M	95.6M	97.0M	98.6M	70.2M
Total Liab	125.3M	77.4M	104.3M	143.6M	130.6M	81.4M
Property Plant And Equipment Gross	176.1M	165.0M	367.3M	389.2M	402.6M	422.7M
Total Current Assets	191.5M	137.1M	170.6M	197.6M	195.8M	111.5M
Accumulated Other Comprehensive Income	(31K)	(45K)	40K	133K	(123K)	(129.2K)
Short Term Debt	3.9M	17.3M	3.0M	3.7M	3.9M	3.4M
Other Assets	271K	947K	909K	1.8M	2.0M	1.1M
Long Term Debt	59.9M	33.5M	66.9M	95.0M	81.8M	48.4M
Property Plant Equipment	176.1M	165.0M	159.2M	163.5M	188.0M	131.1M
Current Deferred Revenue	7.9M	4.4M	1.8M	4.3M	4.9M	4.2M
Other Liab	14.3M	10.0M	5.8M	2.8M	3.3M	3.1M
Net Tangible Assets	243.1M	225.7M	226.3M	219.8M	252.7M	223.1M
Retained Earnings Total Equity	150.5M	131.4M	130.7M	122.6M	141.0M	139.4M
Long Term Debt Total	60.4M	33.5M	66.9M	95.0M	85.5M	57.9M
Capital Surpluse	95.0M	94.3M	95.6M	97.0M	111.6M	78.9M
Deferred Long Term Liab	11.5M	11.0M	5.7M	2.5M	2.2M	2.1M
Short Long Term Debt	3.4M	16.7M	2.4M	3.4M	3.7M	5.2M
Non Current Liabilities Other	2.8M	3.8M	4.3M	3.4M	3.1M	2.2M

Pair Trading with Universal Stainless

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 Universal Stainless 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 Universal Stainless will appreciate offsetting losses from the drop in the long position's value.

Moving together with Universal Stock

0.73

Alcoa Corp Sell-off Trend

Pair Corr

Moving against Universal Stock

0.91	GURE	Gulf Resources	Pair Corr
0.83	BAK	Braskem SA Class	Pair Corr
0.74	DOW	Dow Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.68	CX	Cemex SAB de	Pair Corr
0.67	CE	Celanese	Pair Corr

The ability to find closely correlated positions to Universal Stainless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Stainless 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 Universal Stainless - 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 Universal Stainless Alloy to buy it.

The correlation of Universal Stainless 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 Universal Stainless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Stainless Alloy 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 Universal Stainless 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.

Pair Correlation Correlation Matching

Additional Tools for Universal Stock Analysis

When running Universal Stainless' price analysis, check to measure Universal Stainless' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.

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