Unum Net Borrowings from 2010 to 2024

UNMA Stock  USD 25.29  0.19  0.76%   
Unum's Net Borrowings is decreasing over the years with slightly volatile fluctuation. Overall, Net Borrowings is projected to go to about -20.1 M this year. Net Borrowings is the difference between the amount of new debt Unum Group has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2013-03-31
Previous Quarter
25.3 M
Current Value
-18.4 M
Quarterly Volatility
221.1 M
 
Yuan Drop
 
Covid
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 8.6 B, Gross Profit of 8.4 B or Other Operating Expenses of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0292 or PTB Ratio of 0.69. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
  
Check out the analysis of Unum Correlation against competitors.

Latest Unum's Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Unum Group over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Unum's Net Borrowings 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.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Unum Net Borrowings Regression Statistics

Arithmetic Mean74,775,867
Coefficient Of Variation286.32
Mean Deviation156,859,307
Median30,700,000
Standard Deviation214,101,120
Sample Variance45839.3T
Range818.4M
R-Value(0.30)
Mean Square Error44873.9T
R-Squared0.09
Significance0.27
Slope(14,440,621)
Total Sum of Squares641750.1T

Unum Net Borrowings History

2024-20.1 M
2023-21.2 M
2022-18.4 M
202125.3 M
202014.1 M
2019322.9 M
201830.7 M

About Unum Financial Statements

Unum stakeholders use historical fundamental indicators, such as Unum's Net Borrowings, to determine how well the company is positioned to perform in the future. Although Unum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unum's assets and liabilities are reflected in the revenues and expenses on Unum's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Unum Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Borrowings-21.2 M-20.1 M

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When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum's 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 Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out the analysis of Unum Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.
Dividend Share
0.95
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.