Mitsubishi Earning Assets vs Net Tangible Assets Analysis

MUFG Stock  USD 11.72  0.05  0.43%   
Mitsubishi UFJ financial indicator trend analysis is infinitely more than just investigating Mitsubishi UFJ Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mitsubishi UFJ Financial is a good investment. Please check the relationship between Mitsubishi UFJ Earning Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitsubishi UFJ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Earning Assets vs Net Tangible Assets

Earning Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mitsubishi UFJ Financial Earning Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Mitsubishi UFJ's Earning Assets and Net Tangible Assets is 0.29. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Mitsubishi UFJ Financial, assuming nothing else is changed. The correlation between historical values of Mitsubishi UFJ's Earning Assets and Net Tangible 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 Earning Assets of Mitsubishi UFJ Financial are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Earning Assets i.e., Mitsubishi UFJ's Earning Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Earning Assets

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.
Most indicators from Mitsubishi UFJ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mitsubishi UFJ Financial 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitsubishi UFJ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The Mitsubishi UFJ's current Selling General Administrative is estimated to increase to about 3.1 T, while Tax Provision is projected to decrease to roughly 358 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.7T6.1T10.7T11.2T
Total Revenue4.7T6.1T5.9T3.2T

Mitsubishi UFJ fundamental ratios Correlations

0.630.51-0.180.450.810.090.02-0.190.04-0.050.280.510.590.48-0.210.410.62-0.220.630.50.80.74-0.160.010.4
0.630.640.070.790.8-0.610.660.350.70.22-0.040.080.560.320.12-0.061.00.450.650.190.930.940.450.65-0.22
0.510.64-0.110.540.6-0.150.40.070.41-0.010.120.040.470.24-0.1-0.390.640.150.30.290.670.670.00.3-0.19
-0.180.07-0.110.49-0.13-0.440.470.70.420.98-0.99-0.7-0.680.20.99-0.380.070.44-0.070.250.120.140.640.37-0.67
0.450.790.540.490.68-0.750.850.570.840.62-0.45-0.190.250.250.54-0.280.790.530.560.20.820.830.630.77-0.44
0.810.80.6-0.130.68-0.290.480.00.40.030.180.410.650.5-0.090.070.790.120.650.050.860.820.090.40.14
0.09-0.61-0.15-0.44-0.75-0.29-0.9-0.73-0.96-0.530.460.4-0.130.1-0.540.34-0.62-0.8-0.340.24-0.45-0.5-0.87-0.950.63
0.020.660.40.470.850.48-0.90.690.940.57-0.48-0.330.110.120.56-0.520.660.760.31-0.270.560.590.760.92-0.67
-0.190.350.070.70.570.0-0.730.690.710.76-0.69-0.46-0.360.150.75-0.330.350.720.060.010.210.240.90.74-0.89
0.040.70.410.420.840.4-0.960.940.710.51-0.42-0.390.22-0.020.5-0.420.70.790.36-0.120.570.610.820.95-0.65
-0.050.22-0.010.980.620.03-0.530.570.760.51-0.95-0.63-0.560.270.98-0.340.220.510.030.250.260.280.720.48-0.69
0.28-0.040.12-0.99-0.450.180.46-0.48-0.69-0.42-0.950.760.71-0.14-0.980.48-0.04-0.440.1-0.17-0.06-0.1-0.63-0.390.71
0.510.080.04-0.7-0.190.410.4-0.33-0.46-0.39-0.630.760.50.22-0.680.560.07-0.510.4-0.090.150.1-0.52-0.30.65
0.590.560.47-0.680.250.65-0.130.11-0.360.22-0.560.710.5-0.05-0.640.320.56-0.020.48-0.040.530.51-0.140.180.45
0.480.320.240.20.250.50.10.120.15-0.020.27-0.140.22-0.050.150.220.330.110.020.220.350.290.1-0.04-0.08
-0.210.12-0.10.990.54-0.09-0.540.560.750.50.98-0.98-0.68-0.640.15-0.430.120.510.00.150.150.180.680.49-0.7
0.41-0.06-0.39-0.38-0.280.070.34-0.52-0.33-0.42-0.340.480.560.320.22-0.43-0.05-0.250.10.26-0.03-0.09-0.22-0.40.64
0.621.00.640.070.790.79-0.620.660.350.70.22-0.040.070.560.330.12-0.050.450.640.190.930.930.450.66-0.23
-0.220.450.150.440.530.12-0.80.760.720.790.51-0.44-0.51-0.020.110.51-0.250.45-0.14-0.210.230.250.840.76-0.68
0.630.650.3-0.070.560.65-0.340.310.060.360.030.10.40.480.020.00.10.64-0.140.210.740.740.050.430.19
0.50.190.290.250.20.050.24-0.270.01-0.120.25-0.17-0.09-0.040.220.150.260.19-0.210.210.330.32-0.09-0.250.08
0.80.930.670.120.820.86-0.450.560.210.570.26-0.060.150.530.350.15-0.030.930.230.740.330.990.280.51-0.06
0.740.940.670.140.830.82-0.50.590.240.610.28-0.10.10.510.290.18-0.090.930.250.740.320.990.30.55-0.11
-0.160.450.00.640.630.09-0.870.760.90.820.72-0.63-0.52-0.140.10.68-0.220.450.840.05-0.090.280.30.8-0.79
0.010.650.30.370.770.4-0.950.920.740.950.48-0.39-0.30.18-0.040.49-0.40.660.760.43-0.250.510.550.8-0.61
0.4-0.22-0.19-0.67-0.440.140.63-0.67-0.89-0.65-0.690.710.650.45-0.08-0.70.64-0.23-0.680.190.08-0.06-0.11-0.79-0.61
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Mitsubishi UFJ Account Relationship Matchups

Mitsubishi UFJ fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.9B12.8B12.8B12.3B12.0B9.4B
Total Assets336.6T359.5T373.7T386.8T403.7T204.5T
Short Long Term Debt Total44.9T18.1T19.1T47.3T25.7T20.4T
Total Current Liabilities8.4T6.7T4.5T5.7T74.9T78.6T
Total Stockholder Equity16.0T16.8T17.0T17.2T19.6T20.6T
Property Plant And Equipment Net1.3T1.3T1.2T1.2T1.1T934.7B
Net Debt(33.4T)(84.9T)(91.7T)(66.3T)(84.1T)(79.9T)
Retained Earnings10.9T11.2T12.0T12.7T13.8T14.5T
Accounts Payable2.5T2.6T226.4T237.2T272.8T286.4T
Cash78.3T103.0T110.8T113.6T107.0T112.4T
Non Current Assets Total96.9T97.7T108.6T114.7T395.3T415.1T
Non Currrent Assets Other(127.5B)(138.0B)9.0T(322.0B)(107.8T)(102.4T)
Other Assets136.2T109.9T482.3T158.5T(180.0T)(171.0T)
Cash And Short Term Investments100.7T150.1T110.8T113.6T12.3T11.6T
Net Receivables2.7T1.8T1.8T2.5T2.9T2.0T
Liabilities And Stockholders Equity336.6T359.5T373.7T386.8T403.7T204.5T
Non Current Liabilities Total39.9T15.1T59.7T5.7T376.7T395.5T
Other Stockholder Equity474.6B6.1T6.2T(131.4B)(530.2B)(503.7B)
Total Liab319.7T341.8T355.7T368.5T383.0T194.8T
Property Plant And Equipment Gross1.3T1.2T1.2T1.2T1.2T1.3T
Total Current Assets103.4T151.9T265.1T113.6T188.3T106.5T
Accumulated Other Comprehensive Income2.5T3.0T2.6T2.5T4.2T4.4T
Short Term Debt5.8T4.1T4.5T5.7T8.2T6.0T
Other Liab730.2B13.3T14.0T15.4T17.8T18.6T
Long Term Debt27.9T35.1T59.1T41.6T43.5T45.6T
Short Term Investments22.4T47.1T9.2T(94.8T)(85.3T)(81.0T)
Property Plant Equipment1.3T1.3T1.2T1.1T1.3T1.3T
Good Will283.7B273.1B271.4B252.0B405.6B396.6B
Other Current Assets143.3T157.9T154.4T170.4T176.1T103.1T
Intangible Assets1.2T1.2T1.1T1.1T1.3T1.1T
Other Current Liab(8.4T)4.1T10.5T(5.7T)(8.2T)(7.8T)
Net Tangible Assets13.3T15.4T15.7T14.3T16.4T13.4T
Long Term Investments93.7T104.2T106.0T112.1T115.6T84.5T
Short Long Term Debt16.0T7.3T4.5T5.7T8.2T9.6T

Currently Active Assets on Macroaxis

When determining whether Mitsubishi UFJ Financial is a strong investment it is important to analyze Mitsubishi UFJ's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mitsubishi UFJ's future performance. For an informed investment choice regarding Mitsubishi Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitsubishi UFJ Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Diversified Banks 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 Mitsubishi UFJ. If investors know Mitsubishi 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 Mitsubishi UFJ 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
0.024
Earnings Share
1
Revenue Per Share
465.099
Quarterly Revenue Growth
0.223
Return On Assets
0.0035
The market value of Mitsubishi UFJ Financial is measured differently than its book value, which is the value of Mitsubishi that is recorded on the company's balance sheet. Investors also form their own opinion of Mitsubishi UFJ's value that differs from its market value or its book value, called intrinsic value, which is Mitsubishi UFJ's 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 Mitsubishi UFJ's market value can be influenced by many factors that don't directly affect Mitsubishi UFJ's 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 Mitsubishi UFJ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitsubishi UFJ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitsubishi UFJ's 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.