UWM Other Non Cash Items vs Net Income Analysis
UWMC Stock | USD 6.02 0.23 3.68% |
UWM Holdings financial indicator trend analysis is much more than just breaking down UWM Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UWM Holdings Corp is a good investment. Please check the relationship between UWM Holdings Other Non Cash Items and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UWM Holdings Corp. 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UWM Holdings Corp Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UWM Holdings' Other Non Cash Items and Net Income is -0.46. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of UWM Holdings Corp, assuming nothing else is changed. The correlation between historical values of UWM Holdings' Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of UWM Holdings Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., UWM Holdings' Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in UWM Holdings Corp financial statement analysis. It represents the amount of money remaining after all of UWM Holdings Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from UWM Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UWM Holdings Corp 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 UWM Holdings Corp. 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. At present, UWM Holdings' Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
2021 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.9B | 2.1B | Total Revenue | 1.8B | 2.2B | 2.2B |
UWM Holdings fundamental ratios Correlations
Click cells to compare fundamentals
UWM Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UWM Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.1B | 150K | 22.5B | 13.6B | 11.9B | 10.5B | |
Other Current Liab | 316.9M | (16.8B) | (7.2B) | (7.3B) | (3.9B) | (4.1B) | |
Total Current Liabilities | 447.9M | 17.0B | 439.7M | 7.6B | 2.1B | 2.0B | |
Total Stockholder Equity | 319.1M | 412.5K | 142.4M | 143.6M | 112.6M | 125.1M | |
Net Tangible Assets | (70.0M) | 617.4M | (3.2B) | 143.6M | 129.2M | 135.7M | |
Property Plant And Equipment Net | 48.6M | 140.9M | 256.5M | 256.7M | 274.7M | 194.0M | |
Net Debt | (42.1M) | 5.7B | 17.4B | 8.7B | 8.2B | 7.6B | |
Retained Earnings | 294.2M | (14.0K) | 141.8M | 142.5M | 110.7M | 118.9M | |
Accounts Payable | 250.0M | 847.7M | 439.7M | 138.7M | 167.9M | 159.5M | |
Cash | 42.1M | 1.1K | 731.1M | 704.9M | 497.5M | 432.0M | |
Non Current Assets Total | 416.7M | 886.3M | 3.7B | 298.9M | 4.5B | 4.7B | |
Non Currrent Assets Other | 14.1M | (425.6M) | (4.5B) | (18.1B) | (4.4B) | (4.6B) | |
Other Assets | 10.5M | (6.7B) | 17.6B | 12.1B | 5.5B | 6.4B | |
Cash And Short Term Investments | 42.1M | 1.1K | 731.1M | 818.2M | 497.5M | 467.6M | |
Net Receivables | 22.9M | 276.5M | 425.4M | 383.1M | 1.4B | 790.3M | |
Non Current Liabilities Total | 5.5B | 2.2B | 10.0B | 2.2B | 7.6B | 4.7B | |
Other Current Assets | 412.5K | 238.9M | (1.1B) | (1.4B) | (1.9B) | (1.8B) | |
Total Liab | 2.8B | 1.2K | 19.4B | 10.4B | 9.4B | 8.5B | |
Total Current Assets | 2.7B | 5.8B | 1.2B | 1.2B | 1.9B | 1.8B | |
Intangible Assets | 368.1M | 731.4M | 3.3B | 4.5B | 4.0B | 2.8B | |
Property Plant Equipment | 140.9M | 223.6M | 313.5M | 152.5M | 175.3M | 161.3M |
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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 UWM Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UWM Holdings' 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 Uwm Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uwm Holdings Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UWM Holdings Corp. 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Commercial & Residential Mortgage Finance 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 UWM Holdings. If investors know UWM 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 UWM Holdings 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 (0.62) | Dividend Share 0.4 | Earnings Share (0.23) | Revenue Per Share 28.467 | Quarterly Revenue Growth 0.665 |
The market value of UWM Holdings Corp is measured differently than its book value, which is the value of UWM that is recorded on the company's balance sheet. Investors also form their own opinion of UWM Holdings' value that differs from its market value or its book value, called intrinsic value, which is UWM Holdings' 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 UWM Holdings' market value can be influenced by many factors that don't directly affect UWM Holdings' 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 UWM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if UWM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UWM Holdings' 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.