United Total Liab vs Property Plant And Equipment Net Analysis

0R08 Stock   134.08  2.07  1.57%   
United Parcel financial indicator trend analysis is much more than just breaking down United Parcel Service prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parcel Service is a good investment. Please check the relationship between United Parcel Total Liab and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in United Parcel Service. 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.

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Parcel Service Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between United Parcel's Total Liab and Property Plant And Equipment Net is 0.88. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of United Parcel Service, assuming nothing else is changed. The correlation between historical values of United Parcel's Total Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of United Parcel Service are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., United Parcel's Total Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from United Parcel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parcel Service 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 United Parcel Service. 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 4.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 33.2 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.8B13.1B17.2B18.3B
Total Revenue97.3B100.3B91.0B60.3B

United Parcel fundamental ratios Correlations

0.860.930.970.460.980.760.720.970.60.990.440.740.96-0.70.230.870.75-0.070.420.920.950.69-0.550.260.71
0.860.80.850.450.850.960.570.830.470.860.320.580.86-0.860.390.810.720.110.440.840.820.83-0.560.360.85
0.930.80.920.290.890.720.550.890.530.910.310.680.93-0.760.230.880.580.090.430.920.910.59-0.70.320.58
0.970.850.920.310.940.780.580.960.520.970.410.650.97-0.740.180.910.61-0.110.530.960.90.78-0.520.340.73
0.460.450.290.310.510.430.910.440.220.470.260.40.36-0.250.630.010.86-0.260.10.110.410.27-0.01-0.440.62
0.980.850.890.940.510.770.760.970.530.990.380.670.92-0.630.240.820.8-0.070.450.880.90.65-0.420.210.74
0.760.960.720.780.430.770.520.720.20.790.280.340.76-0.860.540.710.70.140.450.750.660.85-0.50.240.89
0.720.570.550.580.910.760.520.680.330.730.360.550.61-0.320.540.30.93-0.290.130.40.630.38-0.15-0.330.65
0.970.830.890.960.440.970.720.680.590.960.390.690.95-0.630.10.840.71-0.120.530.90.920.64-0.40.30.71
0.60.470.530.520.220.530.20.330.590.50.220.950.57-0.3-0.330.580.31-0.060.110.570.790.23-0.380.480.16
0.990.860.910.970.470.990.790.730.960.50.460.660.94-0.70.280.860.76-0.090.440.910.90.71-0.510.210.74
0.440.320.310.410.260.380.280.360.390.220.460.30.39-0.40.170.380.31-0.230.00.40.370.41-0.37-0.210.28
0.740.580.680.650.40.670.340.550.690.950.660.30.69-0.42-0.050.640.49-0.110.10.650.890.35-0.50.330.31
0.960.860.930.970.360.920.760.610.950.570.940.390.69-0.750.160.880.64-0.110.490.930.940.7-0.590.340.69
-0.7-0.86-0.76-0.74-0.25-0.63-0.86-0.32-0.63-0.3-0.7-0.4-0.42-0.75-0.46-0.74-0.44-0.11-0.44-0.76-0.66-0.830.77-0.36-0.73
0.230.390.230.180.630.240.540.540.1-0.330.280.17-0.050.16-0.46-0.030.550.0-0.010.040.090.43-0.25-0.480.58
0.870.810.880.910.010.820.710.30.840.580.860.380.640.88-0.74-0.030.410.170.40.990.860.68-0.690.580.5
0.750.720.580.610.860.80.70.930.710.310.760.310.490.64-0.440.550.410.020.150.490.650.46-0.22-0.180.73
-0.070.110.09-0.11-0.26-0.070.14-0.29-0.12-0.06-0.09-0.23-0.11-0.11-0.110.00.170.02-0.20.08-0.03-0.13-0.30.25-0.17
0.420.440.430.530.10.450.450.130.530.110.440.00.10.49-0.44-0.010.40.15-0.20.450.350.480.010.370.59
0.920.840.920.960.110.880.750.40.90.570.910.40.650.93-0.760.040.990.490.080.450.890.72-0.640.510.59
0.950.820.910.90.410.90.660.630.920.790.90.370.890.94-0.660.090.860.65-0.030.350.890.59-0.610.360.57
0.690.830.590.780.270.650.850.380.640.230.710.410.350.7-0.830.430.680.46-0.130.480.720.59-0.40.270.87
-0.55-0.56-0.7-0.52-0.01-0.42-0.5-0.15-0.4-0.38-0.51-0.37-0.5-0.590.77-0.25-0.69-0.22-0.30.01-0.64-0.61-0.4-0.35-0.2
0.260.360.320.34-0.440.210.24-0.330.30.480.21-0.210.330.34-0.36-0.480.58-0.180.250.370.510.360.27-0.350.07
0.710.850.580.730.620.740.890.650.710.160.740.280.310.69-0.730.580.50.73-0.170.590.590.570.87-0.20.07
Click cells to compare fundamentals

United Parcel Account Relationship Matchups

United Parcel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.9B62.5B69.4B71.1B70.9B43.6B
Short Long Term Debt Total21.8B27.8B25.5B23.5B26.7B28.1B
Other Current Liab5.2B6.8B6.6B7.0B6.6B4.7B
Total Current Liabilities15.4B17.0B17.6B18.1B17.7B10.3B
Total Stockholder Equity3.3B741M14.3B19.8B17.3B18.2B
Property Plant And Equipment Net30.5B35.3B37.0B38.5B41.3B22.6B
Net Debt16.6B21.8B15.3B17.9B23.5B24.7B
Retained Earnings9.1B7.0B16.2B21.3B21.1B12.5B
Accounts Payable5.6B6.5B7.5B7.5B6.3B3.5B
Cash5.2B5.9B10.3B5.6B3.2B3.6B
Non Current Assets Total40.8B42.2B44.5B48.9B51.4B29.2B
Non Currrent Assets Other3.9B672M1.1B3.3B1.5B1.7B
Cash And Short Term Investments5.7B6.3B10.6B7.6B6.1B4.8B
Net Receivables9.9B11.0B12.8B12.9B11.5B7.8B
Common Stock Shares Outstanding870M869M871M878M860M799.8M
Short Term Investments503M406M338M2.0B2.9B3.0B
Liabilities And Stockholders Equity57.9B62.5B69.4B71.1B70.9B43.6B
Non Current Liabilities Total39.2B44.7B37.6B33.2B35.9B23.4B
Inventory511M620M717M889M935M750.3M
Other Current Assets917M2.3B779M842M953M1.5B
Other Stockholder Equity150M865M1.3B(4M)(9M)(8.6M)
Total Liab54.6B61.7B55.1B51.3B53.5B33.7B
Total Current Assets17.1B20.3B24.9B22.2B19.4B14.4B
Accumulated Other Comprehensive Income(6.0B)(7.1B)(3.3B)(1.5B)(3.7B)(3.9B)
Short Term Debt4.7B3.8B3.4B3.6B4.8B5.0B
Current Deferred Revenue4.3B5.6B5.9B139M2.3B2.8B
Intangible Assets2.2B2.3B2.5B2.8B3.3B3.5B
Good Will3.8B3.4B3.7B4.2B4.9B3.3B
Other Assets1.4B1.2B1.2B3.1B2.8B1.4B
Other Liab14.9B20.1B14.7B12.6B14.5B15.9B
Net Tangible Assets(2.7B)(5.0B)8.1B12.8B14.7B15.4B
Long Term Debt19.5B21.5B21.7B19.8B22.8B22.5B
Treasury Stock(32M)(26M)(20M)(16M)(18.4M)(19.3M)
Property Plant Equipment33.3B35.3B37.0B38.5B44.2B35.4B

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