United Other Current Assets from 2010 to 2024

URI Stock  USD 840.74  20.19  2.46%   
United Rentals' Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are estimated to finish at about 162.4 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1997-12-31
Previous Quarter
273 M
Current Value
235 M
Quarterly Volatility
65.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Rentals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Rentals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Interest Expense of 508 M or Selling General Administrative of 1.6 B, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.0088 or PTB Ratio of 5.07. United financial statements analysis is a perfect complement when working with United Rentals Valuation or Volatility modules.
  
Check out the analysis of United Rentals Correlation against competitors.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

Latest United Rentals' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of United Rentals over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. United Rentals' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Rentals' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

United Other Current Assets Regression Statistics

Arithmetic Mean170,851,338
Geometric Mean132,446,540
Coefficient Of Variation90.25
Mean Deviation95,545,953
Median122,000,000
Standard Deviation154,188,360
Sample Variance23774.1T
Range588M
R-Value0.48
Mean Square Error19606.8T
R-Squared0.23
Significance0.07
Slope16,684,966
Total Sum of Squares332836.7T

United Other Current Assets History

2024162.4 M
2023162 M
2022641 M
2021190 M
2020390 M
2019140 M
201864 M

About United Rentals Financial Statements

Investors use fundamental indicators, such as United Rentals' Other Current Assets, to determine how well the company is positioned to perform in the future. Although United Rentals' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets162 M162.4 M

Currently Active Assets on Macroaxis

When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' 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 United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out the analysis of United Rentals Correlation against competitors.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Trading Companies & Distributors 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 United Rentals. If investors know United 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 United Rentals 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
0.04
Dividend Share
6.37
Earnings Share
38.24
Revenue Per Share
224.056
Quarterly Revenue Growth
0.06
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.