UTI Change In Working Capital vs Sale Purchase Of Stock Analysis

UTIAMC Stock   1,287  12.80  0.98%   
UTI Asset financial indicator trend analysis is much more than just breaking down UTI Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UTI Asset Management is a good investment. Please check the relationship between UTI Asset Change In Working Capital and its Sale Purchase Of Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Change In Working Capital vs Sale Purchase Of Stock

Change In Working Capital vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UTI Asset Management Change In Working Capital account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UTI Asset's Change In Working Capital and Sale Purchase Of Stock is -0.33. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of UTI Asset Management, assuming nothing else is changed. The correlation between historical values of UTI Asset's Change In Working Capital and Sale Purchase Of Stock 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 In Working Capital of UTI Asset Management are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change In Working Capital i.e., UTI Asset's Change In Working Capital and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Sale Purchase Of Stock

Most indicators from UTI Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UTI Asset Management 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 UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
The current year's Issuance Of Capital Stock is expected to grow to about 278.4 M, whereas Selling General Administrative is forecasted to decline to about 427.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit7.5B7.1B12.8B8.1B
Total Revenue11.2B11.3B17.4B11.5B

UTI Asset fundamental ratios Correlations

0.910.430.650.80.270.94-0.740.97-0.450.890.590.850.680.960.950.86-0.450.270.960.81-0.490.08-0.030.960.89
0.910.090.370.90.180.96-0.710.83-0.310.950.580.780.580.810.860.78-0.30.380.80.73-0.320.050.120.80.7
0.430.090.80.080.080.27-0.170.45-0.490.150.10.50.310.50.310.52-0.690.190.510.43-0.230.1-0.530.50.62
0.650.370.80.150.350.41-0.310.71-0.250.280.130.550.510.760.510.67-0.750.220.770.56-0.280.18-0.450.760.88
0.80.90.080.15-0.160.95-0.70.65-0.530.990.730.720.40.630.820.71-0.130.430.620.69-0.42-0.160.210.630.47
0.270.180.080.35-0.160.03-0.340.450.11-0.03-0.330.170.250.440.240.16-0.31-0.360.430.250.130.220.010.440.51
0.940.960.270.410.950.03-0.70.84-0.450.980.660.830.590.820.880.83-0.290.360.820.76-0.430.040.040.820.7
-0.74-0.71-0.17-0.31-0.7-0.34-0.7-0.680.65-0.74-0.31-0.49-0.08-0.68-0.81-0.780.21-0.12-0.66-0.920.410.48-0.09-0.68-0.64
0.970.830.450.710.650.450.84-0.68-0.320.770.470.830.751.00.90.79-0.450.131.00.76-0.510.23-0.111.00.94
-0.45-0.31-0.49-0.25-0.530.11-0.450.65-0.32-0.49-0.49-0.440.08-0.36-0.58-0.510.42-0.38-0.34-0.610.340.65-0.2-0.36-0.36
0.890.950.150.280.99-0.030.98-0.740.77-0.490.70.780.50.750.880.77-0.20.380.740.74-0.45-0.070.140.750.6
0.590.580.10.130.73-0.330.66-0.310.47-0.490.70.640.560.480.70.27-0.180.470.470.25-0.57-0.080.490.470.31
0.850.780.50.550.720.170.83-0.490.83-0.440.780.640.760.830.820.64-0.580.520.830.61-0.450.24-0.050.830.77
0.680.580.310.510.40.250.59-0.080.750.080.50.560.760.730.590.3-0.350.130.750.18-0.390.690.020.730.64
0.960.810.50.760.630.440.82-0.681.0-0.360.750.480.830.730.910.8-0.510.171.00.78-0.530.18-0.121.00.96
0.950.860.310.510.820.240.88-0.810.9-0.580.880.70.820.590.910.75-0.370.30.890.8-0.64-0.110.160.910.81
0.860.780.520.670.710.160.83-0.780.79-0.510.770.270.640.30.80.75-0.450.270.80.93-0.31-0.14-0.320.80.81
-0.45-0.3-0.69-0.75-0.13-0.31-0.290.21-0.450.42-0.2-0.18-0.58-0.35-0.51-0.37-0.45-0.56-0.51-0.36-0.120.00.09-0.5-0.66
0.270.380.190.220.43-0.360.36-0.120.13-0.380.380.470.520.130.170.30.27-0.560.160.26-0.09-0.240.040.160.2
0.960.80.510.770.620.430.82-0.661.0-0.340.740.470.830.751.00.890.8-0.510.160.76-0.510.22-0.141.00.97
0.810.730.430.560.690.250.76-0.920.76-0.610.740.250.610.180.780.80.93-0.360.260.76-0.46-0.33-0.260.770.77
-0.49-0.32-0.23-0.28-0.420.13-0.430.41-0.510.34-0.45-0.57-0.45-0.39-0.53-0.64-0.31-0.12-0.09-0.51-0.460.080.11-0.52-0.41
0.080.050.10.18-0.160.220.040.480.230.65-0.07-0.080.240.690.18-0.11-0.140.0-0.240.22-0.330.08-0.290.180.15
-0.030.12-0.53-0.450.210.010.04-0.09-0.11-0.20.140.49-0.050.02-0.120.16-0.320.090.04-0.14-0.260.11-0.29-0.12-0.24
0.960.80.50.760.630.440.82-0.681.0-0.360.750.470.830.731.00.910.8-0.50.161.00.77-0.520.18-0.120.96
0.890.70.620.880.470.510.7-0.640.94-0.360.60.310.770.640.960.810.81-0.660.20.970.77-0.410.15-0.240.96
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UTI Asset Account Relationship Matchups

UTI Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.5B36.6B39.9B41.7B53.4B36.1B
Short Long Term Debt Total1.1B1.1B1.1B1.1B1.5B923.9M
Other Current Liab323.6M1.8B1.7B1.1B1.2B1.1B
Total Current Liabilities1.8B1.9B2.0B1.5B1.7B1.5B
Total Stockholder Equity27.6B32.3B36.1B38.7B43.9B34.9B
Other Liab1.7B1.8B1.8B927.7M1.1B1.6B
Net Tangible Assets26.0B27.6B32.1B36.0B41.4B30.4B
Property Plant And Equipment Net3.4B3.4B3.4B3.6B2.8B2.7B
Net Debt(118.4M)(978.3M)(687.7M)(968.7M)(1.5B)(1.4B)
Retained Earnings25.3B28.7B32.1B33.8B38.5B30.6B
Accounts Payable14.2M36.3M61.8M506.2M277M147.5M
Cash1.2B2.1B1.7B2.1B1.5B1.7B
Non Current Assets Total22.4B22.5B18.7B36.7B7.3B6.9B
Non Currrent Assets Other114.9M93.1M67.1M379.6M1.3B1.4B
Other Assets20K734.5M809.1M21.2B24.4B25.6B
Cash And Short Term Investments7.9B12.8B19.6B3.6B23.3B12.3B
Net Receivables1.0B556.4M1.0B938.1M883.7M968.4M
Good Will395.7M624.6M555.2M652.4M571.4M554.6M
Short Term Investments6.7B10.8B17.9B1.5B21.8B22.9B
Liabilities And Stockholders Equity31.5B36.6B39.9B41.7B53.4B36.3B
Non Current Liabilities Total2.0B2.4B1.7B1.6B2.0B1.6B
Inventory164.4M548.4M247.1M(15.8M)(41.2B)(39.1B)
Other Current Assets1.3B1.2B282.7M1.7B1.6B1.3B
Other Stockholder Equity258.1M356.1M472.3M497.2M4.1B4.3B
Total Liab3.8B4.3B3.7B3.1B3.7B3.9B
Total Current Assets9.2B14.2B21.2B5.0B24.9B16.3B
Accumulated Other Comprehensive Income1.4B2.2B2.4B3.1B3.4B6.0B
Intangible Assets125.6M109.6M69M65.3M77.2M80.3M
Property Plant Equipment3.4B3.5B3.4B3.5B3.1B2.8B
Net Invested Capital27.6B32.3B36.1B38.7B43.9B35.9B
Net Working Capital6.9B1.3B4.2B3.6B3.1B4.2B

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Other Information on Investing in UTI Stock

Balance Sheet is a snapshot of the financial position of UTI Asset Management at a specified time, usually calculated after every quarter, six months, or one year. UTI Asset Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UTI Asset and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UTI currently owns. An asset can also be divided into two categories, current and non-current.