Mitsubishi Good Will vs Intangible Assets Analysis
| MUFG Stock | USD 11.81 0.01 0.08% |
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 Good Will and its Intangible 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.
Good Will vs Intangible Assets
Good Will vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mitsubishi UFJ Financial Good Will account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mitsubishi UFJ's Good Will and Intangible Assets is 0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Intangible 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 Good Will and Intangible 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 Good Will of Mitsubishi UFJ Financial are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Good Will i.e., Mitsubishi UFJ's Good Will and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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. At this time, Mitsubishi UFJ's Selling General Administrative is most likely to increase significantly in the upcoming years. The Mitsubishi UFJ's current Sales General And Administrative To Revenue is estimated to increase to 0.59, while Tax Provision is projected to decrease to roughly 358 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.7T | 6.1T | 10.7T | 11.2T | Total Revenue | 4.7T | 6.1T | 5.9T | 3.2T |
Mitsubishi UFJ fundamental ratios Correlations
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Mitsubishi UFJ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mitsubishi UFJ fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 12.9B | 12.8B | 12.8B | 12.3B | 12.0B | 9.4B | |
| Total Assets | 336.6T | 359.5T | 373.7T | 386.8T | 403.7T | 204.5T | |
| Short Long Term Debt Total | 44.9T | 18.1T | 19.1T | 47.3T | 25.7T | 20.4T | |
| Total Current Liabilities | 8.4T | 6.7T | 4.5T | 5.7T | 74.9T | 78.6T | |
| Total Stockholder Equity | 16.0T | 16.8T | 17.0T | 17.2T | 19.6T | 20.6T | |
| Property Plant And Equipment Net | 1.3T | 1.3T | 1.2T | 1.2T | 1.1T | 934.7B | |
| Net Debt | (33.4T) | (84.9T) | (91.7T) | (66.3T) | (84.1T) | (79.9T) | |
| Retained Earnings | 10.9T | 11.2T | 12.0T | 12.7T | 13.8T | 14.5T | |
| Accounts Payable | 2.5T | 2.6T | 226.4T | 237.2T | 272.8T | 286.4T | |
| Cash | 78.3T | 103.0T | 110.8T | 113.6T | 107.0T | 112.4T | |
| Non Current Assets Total | 96.9T | 97.7T | 108.6T | 114.7T | 395.3T | 415.1T | |
| Non Currrent Assets Other | (127.5B) | (138.0B) | 9.0T | (322.0B) | (107.8T) | (102.4T) | |
| Other Assets | 136.2T | 109.9T | 482.3T | 158.5T | (180.0T) | (171.0T) | |
| Cash And Short Term Investments | 100.7T | 150.1T | 110.8T | 113.6T | 12.3T | 11.6T | |
| Net Receivables | 2.7T | 1.8T | 1.8T | 2.5T | 2.9T | 2.0T | |
| Liabilities And Stockholders Equity | 336.6T | 359.5T | 373.7T | 386.8T | 403.7T | 204.5T | |
| Non Current Liabilities Total | 39.9T | 15.1T | 59.7T | 5.7T | 376.7T | 395.5T | |
| Other Stockholder Equity | 474.6B | 6.1T | 6.2T | (131.4B) | (530.2B) | (503.7B) | |
| Total Liab | 319.7T | 341.8T | 355.7T | 368.5T | 383.0T | 194.8T | |
| Property Plant And Equipment Gross | 1.3T | 1.2T | 1.2T | 1.2T | 1.2T | 1.3T | |
| Total Current Assets | 103.4T | 151.9T | 265.1T | 113.6T | 188.3T | 106.5T | |
| Accumulated Other Comprehensive Income | 2.5T | 3.0T | 2.6T | 2.5T | 4.2T | 4.4T | |
| Short Term Debt | 5.8T | 4.1T | 4.5T | 5.7T | 8.2T | 6.0T | |
| Other Liab | 730.2B | 13.3T | 14.0T | 15.4T | 17.8T | 18.6T | |
| Long Term Debt | 27.9T | 35.1T | 59.1T | 41.6T | 43.5T | 45.6T | |
| Short Term Investments | 22.4T | 47.1T | 9.2T | (94.8T) | (85.3T) | (81.0T) | |
| Property Plant Equipment | 1.3T | 1.3T | 1.2T | 1.1T | 1.3T | 1.3T | |
| Good Will | 283.7B | 273.1B | 271.4B | 252.0B | 405.6B | 396.6B | |
| Other Current Assets | 143.3T | 157.9T | 154.4T | 170.4T | 176.1T | 103.1T | |
| Intangible Assets | 1.2T | 1.2T | 1.1T | 1.1T | 1.3T | 1.1T | |
| Other Current Liab | (8.4T) | 4.1T | 10.5T | (5.7T) | (8.2T) | (7.8T) | |
| Net Tangible Assets | 13.3T | 15.4T | 15.7T | 14.3T | 16.4T | 13.4T | |
| Long Term Investments | 93.7T | 104.2T | 106.0T | 112.1T | 115.6T | 84.5T | |
| Short Long Term Debt | 16.0T | 7.3T | 4.5T | 5.7T | 8.2T | 9.6T |
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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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.