Mitsubishi Other Assets vs Short Term Investments 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 Other Assets and its Short Term Investments 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.
Other Assets vs Short Term Investments
Other Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mitsubishi UFJ Financial Other Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mitsubishi UFJ's Other Assets and Short Term Investments is 0.65. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Term Investments 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 Other Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Mitsubishi UFJ Financial are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Assets i.e., Mitsubishi UFJ's Other Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Short Term Investments
Short Term Investments is an item under the current assets section of Mitsubishi UFJ balance sheet. It contains any investments Mitsubishi UFJ Financial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mitsubishi UFJ Financial can easily liquidate in the marketplace.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 |
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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.