UNIQA Net Tangible Assets vs Total Current Assets Analysis

0GDR Stock

7.19 0.03 0.42%

UNIQA Insurance financial indicator trend analysis is much more than just breaking down UNIQA Insurance Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UNIQA Insurance Group is a good investment. Please check the relationship between UNIQA Insurance Net Tangible Assets and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UNIQA Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UNIQA Insurance Group Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between UNIQA Insurance's Net Tangible Assets and Total Current Assets is -0.39. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of UNIQA Insurance Group, assuming nothing else is changed. The correlation between historical values of UNIQA Insurance's Net Tangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of UNIQA Insurance Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., UNIQA Insurance's Net Tangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from UNIQA Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UNIQA Insurance Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in UNIQA Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 48.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 114 M in 2024.

	2019	2020	2023	2024 (projected)
Interest Income	38.4M	34.3M	30.9M	39.4M
Tax Provision	57.0M	32.8M	37.7M	48.2M

Interest Income Tax Provision

UNIQA Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Other Stockholder Equity	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Net Receivables	Other Current Assets	Total Current Assets
Total Assets		-0.22	-0.41	-0.49	-0.52	-0.07	-0.21	-0.15	0.74	0.38	1.0	0.72	-0.56	-0.6	-0.68	-0.39	-0.42	0.68	0.29	-0.49	-0.4	0.56	0.26
Short Long Term Debt Total	-0.22		0.83	0.82	0.06	0.6	1.0	0.89	-0.27	-0.4	-0.26	-0.35	0.89	0.76	0.83	0.97	0.86	-0.2	-0.59	0.87	0.92	-0.7	-0.23
Total Stockholder Equity	-0.41	0.83		0.85	-0.12	0.55	0.82	0.75	-0.61	-0.54	-0.43	-0.69	0.83	0.63	0.81	0.89	0.83	-0.57	-0.67	0.84	0.91	-0.76	-0.19
Retained Earnings	-0.49	0.82	0.85		0.24	0.54	0.82	0.78	-0.52	-0.75	-0.51	-0.61	0.81	0.74	0.81	0.88	0.71	-0.59	-0.87	0.68	0.94	-0.62	0.01
Cash	-0.52	0.06	-0.12	0.24		0.19	0.07	0.16	-0.22	-0.15	-0.51	-0.22	0.2	0.45	0.25	0.1	0.16	-0.21	-0.15	0.08	0.13	0.03	0.17
Other Assets	-0.07	0.6	0.55	0.54	0.19		0.6	0.47	-0.25	-0.21	-0.09	-0.29	0.59	0.69	0.5	0.61	0.52	-0.21	-0.36	0.59	0.58	-0.58	-0.29
Long Term Debt	-0.21	1.0	0.82	0.82	0.07	0.6		0.91	-0.27	-0.41	-0.25	-0.35	0.88	0.74	0.82	0.97	0.87	-0.2	-0.6	0.86	0.93	-0.68	-0.2
Good Will	-0.15	0.89	0.75	0.78	0.16	0.47	0.91		-0.38	-0.55	-0.16	-0.47	0.77	0.52	0.63	0.89	0.88	-0.33	-0.71	0.73	0.92	-0.39	0.19
Capital Surpluse	0.74	-0.27	-0.61	-0.52	-0.22	-0.25	-0.27	-0.38		0.63	0.71	0.99	-0.61	-0.34	-0.5	-0.5	-0.62	0.93	0.51	-0.55	-0.56	0.44	-0.05
Other Stockholder Equity	0.38	-0.4	-0.54	-0.75	-0.15	-0.21	-0.41	-0.55	0.63		0.36	0.67	-0.5	-0.25	-0.34	-0.55	-0.4	0.8	0.95	-0.27	-0.68	0.2	-0.42
Total Liab	1.0	-0.26	-0.43	-0.51	-0.51	-0.09	-0.25	-0.16	0.71	0.36		0.69	-0.58	-0.63	-0.72	-0.41	-0.43	0.65	0.29	-0.52	-0.42	0.6	0.3
Treasury Stock	0.72	-0.35	-0.69	-0.61	-0.22	-0.29	-0.35	-0.47	0.99	0.67	0.69		-0.63	-0.38	-0.54	-0.56	-0.66	0.95	0.59	-0.58	-0.64	0.45	-0.1
Intangible Assets	-0.56	0.89	0.83	0.81	0.2	0.59	0.88	0.77	-0.61	-0.5	-0.58	-0.63		0.83	0.92	0.96	0.91	-0.48	-0.58	0.95	0.91	-0.83	-0.35
Common Stock	-0.6	0.76	0.63	0.74	0.45	0.69	0.74	0.52	-0.34	-0.25	-0.63	-0.38	0.83		0.92	0.77	0.65	-0.26	-0.38	0.79	0.7	-0.84	-0.53
Property Plant Equipment	-0.68	0.83	0.81	0.81	0.25	0.5	0.82	0.63	-0.5	-0.34	-0.72	-0.54	0.92	0.92		0.87	0.79	-0.4	-0.46	0.9	0.82	-0.9	-0.49
Other Current Liab	-0.39	0.97	0.89	0.88	0.1	0.61	0.97	0.89	-0.5	-0.55	-0.41	-0.56	0.96	0.77	0.87		0.92	-0.42	-0.69	0.91	0.98	-0.75	-0.2
Total Current Liabilities	-0.42	0.86	0.83	0.71	0.16	0.52	0.87	0.88	-0.62	-0.4	-0.43	-0.66	0.91	0.65	0.79	0.92		-0.44	-0.5	0.94	0.88	-0.64	-0.14
Other Liab	0.68	-0.2	-0.57	-0.59	-0.21	-0.21	-0.2	-0.33	0.93	0.8	0.65	0.95	-0.48	-0.26	-0.4	-0.42	-0.44		0.68	-0.36	-0.54	0.32	-0.23
Net Tangible Assets	0.29	-0.59	-0.67	-0.87	-0.15	-0.36	-0.6	-0.71	0.51	0.95	0.29	0.59	-0.58	-0.38	-0.46	-0.69	-0.5	0.68		-0.37	-0.81	0.27	-0.39
Accounts Payable	-0.49	0.87	0.84	0.68	0.08	0.59	0.86	0.73	-0.55	-0.27	-0.52	-0.58	0.95	0.79	0.9	0.91	0.94	-0.36	-0.37		0.83	-0.86	-0.46
Net Receivables	-0.4	0.92	0.91	0.94	0.13	0.58	0.93	0.92	-0.56	-0.68	-0.42	-0.64	0.91	0.7	0.82	0.98	0.88	-0.54	-0.81	0.83		-0.65	-0.02
Other Current Assets	0.56	-0.7	-0.76	-0.62	0.03	-0.58	-0.68	-0.39	0.44	0.2	0.6	0.45	-0.83	-0.84	-0.9	-0.75	-0.64	0.32	0.27	-0.86	-0.65		0.75
Total Current Assets	0.26	-0.23	-0.19	0.01	0.17	-0.29	-0.2	0.19	-0.05	-0.42	0.3	-0.1	-0.35	-0.53	-0.49	-0.2	-0.14	-0.23	-0.39	-0.46	-0.02	0.75

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UNIQA Insurance Account Relationship Matchups

UNIQA Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.7B	28.5B	28.7B	31.9B	28.7B	24.2B
Short Long Term Debt Total	903.6M	903.2M	943.5M	1.8B	2.0B	1.2B
Total Stockholder Equity	3.2B	3.0B	3.4B	3.5B	4.0B	3.5B
Retained Earnings	1.4B	1.4B	1.7B	1.9B	2.2B	1.7B
Cash	650.3M	1.4B	479.6M	640.7M	736.8M	828.3M
Other Assets	6.4B	6.9B	6.8B	6.9B	8.0B	6.0B
Long Term Debt	903.6M	903.2M	885.6M	1.7B	1.9B	1.2B
Good Will	295.6M	295.5M	236.7M	352.9M	405.9M	324.7M
Other Stockholder Equity	148.2M	278.8M	(120.0M)	(1.6B)	(1.5B)	(1.4B)
Total Liab	25.6B	25.5B	25.3B	28.5B	25.6B	21.7B
Intangible Assets	100.8M	171.3M	226.0M	629.6M	724.1M	760.3M
Property Plant Equipment	351.8M	364.7M	365.5M	349.2M	401.6M	364.3M
Other Current Liab	699.7M	1.0B	1.1B	1.1B	1.3B	1.0B
Total Current Liabilities	5.4B	6.6B	6.6B	6.0B	6.9B	6.6B
Other Liab	19.0B	20.0B	19.9B	18.4B	16.6B	15.4B
Net Tangible Assets	2.9B	2.8B	2.6B	1.2B	1.1B	1.9B
Accounts Payable	4.3B	5.3B	5.1B	4.5B	5.2B	5.1B
Net Receivables	544.4M	666.6M	704.0M	746.0M	857.9M	708.8M
Other Current Assets	423.0M	609.0M	690.2M	745.5M	670.9M	597.7M
Total Current Assets	1.7B	2.1B	2.3B	2.7B	3.1B	2.6B

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UNIQA Net Tangible Assets vs Total Current Assets Analysis

Net Tangible Assets vs Total Current Assets

Net Tangible Assets vs Total Current Assets Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Total Current Assets

UNIQA Insurance fundamental ratios Correlations

UNIQA Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

UNIQA Insurance fundamental ratios Accounts

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Additional Tools for UNIQA Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Treasury Stock	+ 0.99	Capital Surpluse
Net Receivables	+ 0.98	Other Current Liab
Other Current Liab	+ 0.97	Short Long Term Debt Total
Other Current Liab	+ 0.97	Long Term Debt

Other Current Assets	- 0.9	Property Plant Equipment
Net Tangible Assets	- 0.87	Retained Earnings
Other Current Assets	- 0.86	Accounts Payable
Other Current Assets	- 0.84	Common Stock
Other Current Assets	- 0.83	Intangible Assets
Net Receivables	- 0.81	Net Tangible Assets