United Total Liab vs Total Assets 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 Total Assets 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 Total Assets

Total Liab vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between United Parcel's Total Liab and Total Assets is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Assets 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 Total 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 Total Liab of United Parcel Service are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Liab i.e., United Parcel's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

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

Total Assets

Total assets refers to the total amount of United Parcel assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in United Parcel Service books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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