Union Net Debt vs Non Current Liabilities Total Analysis

688403 Stock   9.20  0.57  5.83%   
Union Semiconductor financial indicator trend analysis is much more than just breaking down Union Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Union Semiconductor is a good investment. Please check the relationship between Union Semiconductor Net Debt and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Union Semiconductor Co. 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 Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Semiconductor Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Union Semiconductor's Net Debt and Non Current Liabilities Total is 0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Union Semiconductor Co, assuming nothing else is changed. The correlation between historical values of Union Semiconductor's Net Debt and Non Current Liabilities Total 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 Debt of Union Semiconductor Co are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Union Semiconductor's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Union Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Union Semiconductor 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 Union Semiconductor Co. 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.
As of November 24, 2024, Selling General Administrative is expected to decline to about 30 M. In addition to that, Tax Provision is expected to decline to about (422.2 K)
 2021 2022 2023 2024 (projected)
Interest Expense271.7K8.7M4.8K4.5K
Interest Income839.7K2.2M2.1M1.6M

Union Semiconductor fundamental ratios Correlations

-0.3-0.61-0.510.330.260.360.220.430.230.390.17-0.11-0.320.16-0.580.420.71-0.380.330.250.110.60.210.47-0.43
-0.30.840.81-0.970.08-0.96-0.91-0.94-0.85-0.95-0.9-0.81-0.32-0.940.88-0.94-0.610.92-0.96-0.920.39-0.85-0.94-0.73-0.59
-0.610.840.8-0.87-0.34-0.86-0.85-0.97-0.87-0.78-0.82-0.58-0.38-0.790.99-0.94-0.590.72-0.87-0.87-0.04-0.75-0.82-0.53-0.39
-0.510.810.8-0.75-0.3-0.74-0.74-0.84-0.75-0.67-0.71-0.5-0.32-0.680.85-0.81-0.50.62-0.75-0.75-0.04-0.65-0.71-0.46-0.33
0.33-0.97-0.87-0.750.041.00.970.940.920.950.960.880.410.98-0.920.980.53-0.871.00.98-0.310.820.990.690.65
0.260.08-0.34-0.30.04-0.020.220.230.37-0.230.19-0.010.630.02-0.330.21-0.380.390.050.210.93-0.310.05-0.560.14
0.36-0.96-0.86-0.741.0-0.020.950.920.90.970.950.860.340.97-0.90.970.58-0.891.00.96-0.370.860.980.740.61
0.22-0.91-0.85-0.740.970.220.950.930.990.851.00.910.620.98-0.90.970.32-0.730.971.0-0.130.660.980.490.78
0.43-0.94-0.97-0.840.940.230.920.930.920.850.910.730.460.89-0.980.980.54-0.790.940.94-0.080.760.910.560.56
0.23-0.85-0.87-0.750.920.370.90.990.920.770.980.870.70.93-0.910.960.23-0.620.930.980.030.570.940.360.77
0.39-0.95-0.78-0.670.95-0.230.970.850.850.770.850.790.120.92-0.820.890.71-0.960.950.86-0.550.940.920.870.48
0.17-0.9-0.82-0.710.960.190.951.00.910.980.850.940.630.98-0.880.960.29-0.720.971.0-0.160.650.990.490.8
-0.11-0.81-0.58-0.50.88-0.010.860.910.730.870.790.940.620.95-0.660.810.13-0.650.880.91-0.330.520.930.450.91
-0.32-0.32-0.38-0.320.410.630.340.620.460.70.120.630.620.51-0.410.47-0.50.050.420.60.48-0.170.5-0.370.83
0.16-0.94-0.79-0.680.980.020.970.980.890.930.920.980.950.51-0.850.940.39-0.810.980.98-0.330.731.00.610.77
-0.580.880.990.85-0.92-0.33-0.9-0.9-0.98-0.91-0.82-0.88-0.66-0.41-0.85-0.97-0.560.75-0.92-0.910.0-0.77-0.87-0.55-0.45
0.42-0.94-0.94-0.810.980.210.970.970.980.960.890.960.810.470.94-0.970.51-0.80.980.98-0.130.780.960.60.61
0.71-0.61-0.59-0.50.53-0.380.580.320.540.230.710.290.13-0.50.39-0.560.51-0.820.520.35-0.530.910.410.9-0.24
-0.380.920.720.62-0.870.39-0.89-0.73-0.79-0.62-0.96-0.72-0.650.05-0.810.75-0.8-0.82-0.86-0.740.65-0.97-0.82-0.93-0.35
0.33-0.96-0.87-0.751.00.051.00.970.940.930.950.970.880.420.98-0.920.980.52-0.860.98-0.30.820.990.680.66
0.25-0.92-0.87-0.750.980.210.961.00.940.980.861.00.910.60.98-0.910.980.35-0.740.98-0.140.680.990.510.76
0.110.39-0.04-0.04-0.310.93-0.37-0.13-0.080.03-0.55-0.16-0.330.48-0.330.0-0.13-0.530.65-0.3-0.14-0.58-0.3-0.78-0.09
0.6-0.85-0.75-0.650.82-0.310.860.660.760.570.940.650.52-0.170.73-0.770.780.91-0.970.820.68-0.580.750.960.16
0.21-0.94-0.82-0.710.990.050.980.980.910.940.920.990.930.51.0-0.870.960.41-0.820.990.99-0.30.750.620.75
0.47-0.73-0.53-0.460.69-0.560.740.490.560.360.870.490.45-0.370.61-0.550.60.9-0.930.680.51-0.780.960.620.07
-0.43-0.59-0.39-0.330.650.140.610.780.560.770.480.80.910.830.77-0.450.61-0.24-0.350.660.76-0.090.160.750.07
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Union Semiconductor Account Relationship Matchups

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Other Information on Investing in Union Stock

Balance Sheet is a snapshot of the financial position of Union Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Union Semiconductor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Union Semiconductor and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Union currently owns. An asset can also be divided into two categories, current and non-current.