Unum Quick Ratio from 2010 to 2024
UNM Stock | USD 76.90 0.17 0.22% |
Quick Ratio | First Reported 2010-12-31 | Previous Quarter 14.19 | Current Value 13.48 | Quarterly Volatility 155.59540398 |
Check Unum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unum's main balance sheet or income statement drivers, such as Total Revenue of 8.7 B, Gross Profit of 8.2 B or Other Operating Expenses of 7.7 B, as well as many indicators such as Price To Sales Ratio of 0.91, Dividend Yield of 0.0164 or PTB Ratio of 1.61. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
Unum | Quick Ratio |
Latest Unum's Quick Ratio Growth Pattern
Below is the plot of the Quick Ratio of Unum Group over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Unum's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unum's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio | 10 Years Trend |
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Quick Ratio |
Timeline |
Unum Quick Ratio Regression Statistics
Arithmetic Mean | 76.43 | |
Geometric Mean | 14.86 | |
Coefficient Of Variation | 203.57 | |
Mean Deviation | 106.59 | |
Median | 13.48 | |
Standard Deviation | 155.60 | |
Sample Variance | 24,210 | |
Range | 559 | |
R-Value | (0.35) | |
Mean Square Error | 22,948 | |
R-Squared | 0.12 | |
Significance | 0.21 | |
Slope | (12.04) | |
Total Sum of Squares | 338,939 |
Unum Quick Ratio History
About Unum Financial Statements
Unum investors utilize fundamental indicators, such as Quick Ratio, to predict how Unum Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Quick Ratio | 14.19 | 13.48 |
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Is Life & Health Insurance 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 Unum. If investors know Unum 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 Unum 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 2.392 | Dividend Share 1.57 | Earnings Share 9.21 | Revenue Per Share 67.014 | Quarterly Revenue Growth 0.04 |
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's 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 Unum's market value can be influenced by many factors that don't directly affect Unum's 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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's 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.