United Intangible Assets vs Good Will Analysis

PRKS Stock

56.81 0.03 0.05%

United Parks financial indicator trend analysis is much more than just breaking down United Parks Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parks Resorts is a good investment. Please check the relationship between United Parks Intangible Assets and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Intangible Assets vs Good Will

Intangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Parks Resorts Intangible Assets account and Good Will. At this time, the significance of the direction appears to have very strong relationship.

The correlation between United Parks' Intangible Assets and Good Will is 0.89. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of United Parks Resorts, assuming nothing else is changed. The correlation between historical values of United Parks' Intangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of United Parks Resorts are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Intangible Assets i.e., United Parks' Intangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.

Most indicators from United Parks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parks Resorts 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks Resorts. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

At this time, United Parks' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.16 in 2024, whereas Selling General Administrative is likely to drop slightly above 102.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.6B	1.6B	821.5M
Total Revenue	1.5B	1.7B	1.7B	1.5B

Gross Profit Total Revenue

United Parks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		0.46	0.56	0.06	-0.02	0.53	0.27	0.37	0.01	0.59	0.26	0.63	0.59	0.07	0.25	-0.28	0.46	0.12	0.32	-0.17	0.41	0.64	-0.65	-0.11	0.14	0.22
Short Long Term Debt Total	0.46		0.09	0.73	-0.85	0.63	0.92	0.2	0.58	0.79	-0.35	0.2	0.79	0.57	-0.61	-0.78	0.99	0.45	-0.35	-0.76	0.98	0.83	-0.37	-0.79	0.68	0.92
Other Current Liab	0.56	0.09		-0.31	0.33	0.09	-0.08	-0.3	-0.49	0.33	0.48	0.36	0.33	-0.55	0.4	0.27	0.06	-0.16	0.46	0.38	-0.01	0.31	-0.44	0.27	-0.38	-0.23
Total Current Liabilities	0.06	0.73	-0.31		-0.85	0.71	0.8	0.32	0.89	0.38	-0.45	-0.01	0.38	0.79	-0.8	-0.79	0.73	0.55	-0.18	-0.81	0.81	0.47	0.17	-0.87	0.74	0.88
Total Stockholder Equity	-0.02	-0.85	0.33	-0.85		-0.6	-0.92	-0.3	-0.75	-0.45	0.67	0.1	-0.45	-0.68	0.86	0.89	-0.85	-0.54	0.55	0.91	-0.88	-0.49	0.0	0.94	-0.88	-0.94
Property Plant And Equipment Net	0.53	0.63	0.09	0.71	-0.6		0.69	0.68	0.67	0.32	-0.25	0.34	0.32	0.5	-0.45	-0.83	0.66	0.61	0.11	-0.76	0.69	0.42	-0.19	-0.68	0.69	0.65
Net Debt	0.27	0.92	-0.08	0.8	-0.92	0.69		0.41	0.73	0.49	-0.38	0.17	0.49	0.63	-0.63	-0.89	0.94	0.7	-0.32	-0.9	0.95	0.55	-0.27	-0.81	0.74	0.94
Retained Earnings	0.37	0.2	-0.3	0.32	-0.3	0.68	0.41		0.55	-0.18	-0.08	0.39	-0.18	0.46	-0.02	-0.64	0.29	0.65	0.08	-0.66	0.31	-0.08	-0.22	-0.27	0.48	0.33
Accounts Payable	0.01	0.58	-0.49	0.89	-0.75	0.67	0.73	0.55		0.15	-0.34	0.14	0.15	0.93	-0.67	-0.75	0.62	0.75	-0.1	-0.83	0.69	0.28	0.0	-0.69	0.65	0.82
Cash	0.59	0.79	0.33	0.38	-0.45	0.32	0.49	-0.18	0.15		-0.19	0.19	1.0	0.29	-0.37	-0.37	0.75	-0.07	-0.27	-0.28	0.71	0.99	-0.41	-0.51	0.36	0.59
Non Current Assets Total	0.26	-0.35	0.48	-0.45	0.67	-0.25	-0.38	-0.08	-0.34	-0.19		0.46	-0.19	-0.35	0.79	0.54	-0.3	-0.04	0.61	0.55	-0.34	-0.17	-0.28	0.76	-0.83	-0.49
Non Currrent Assets Other	0.63	0.2	0.36	-0.01	0.1	0.34	0.17	0.39	0.14	0.19	0.46		0.19	0.13	0.3	-0.14	0.25	0.35	0.38	-0.09	0.21	0.26	-0.52	0.14	-0.12	0.06
Cash And Short Term Investments	0.59	0.79	0.33	0.38	-0.45	0.32	0.49	-0.18	0.15	1.0	-0.19	0.19		0.29	-0.37	-0.37	0.75	-0.07	-0.27	-0.28	0.71	0.99	-0.41	-0.51	0.36	0.59
Net Receivables	0.07	0.57	-0.55	0.79	-0.68	0.5	0.63	0.46	0.93	0.29	-0.35	0.13	0.29		-0.61	-0.64	0.6	0.59	-0.21	-0.74	0.66	0.4	-0.12	-0.62	0.6	0.8
Good Will	0.25	-0.61	0.4	-0.8	0.86	-0.45	-0.63	-0.02	-0.67	-0.37	0.79	0.3	-0.37	-0.61		0.68	-0.58	-0.29	0.53	0.69	-0.64	-0.4	-0.26	0.89	-0.79	-0.76
Common Stock Shares Outstanding	-0.28	-0.78	0.27	-0.79	0.89	-0.83	-0.89	-0.64	-0.75	-0.37	0.54	-0.14	-0.37	-0.64	0.68		-0.82	-0.63	0.39	0.98	-0.85	-0.43	0.1	0.87	-0.9	-0.86
Non Current Liabilities Total	0.46	0.99	0.06	0.73	-0.85	0.66	0.94	0.29	0.62	0.75	-0.3	0.25	0.75	0.6	-0.58	-0.82		0.52	-0.35	-0.8	0.99	0.79	-0.38	-0.77	0.67	0.93
Inventory	0.12	0.45	-0.16	0.55	-0.54	0.61	0.7	0.65	0.75	-0.07	-0.04	0.35	-0.07	0.59	-0.29	-0.63	0.52		0.13	-0.71	0.55	0.06	-0.35	-0.36	0.4	0.59
Other Current Assets	0.32	-0.35	0.46	-0.18	0.55	0.11	-0.32	0.08	-0.1	-0.27	0.61	0.38	-0.27	-0.21	0.53	0.39	-0.35	0.13		0.39	-0.33	-0.18	-0.18	0.46	-0.48	-0.39
Other Stockholder Equity	-0.17	-0.76	0.38	-0.81	0.91	-0.76	-0.9	-0.66	-0.83	-0.28	0.55	-0.09	-0.28	-0.74	0.69	0.98	-0.8	-0.71	0.39		-0.83	-0.36	0.1	0.85	-0.89	-0.89
Total Liab	0.41	0.98	-0.01	0.81	-0.88	0.69	0.95	0.31	0.69	0.71	-0.34	0.21	0.71	0.66	-0.64	-0.85	0.99	0.55	-0.33	-0.83		0.77	-0.3	-0.82	0.71	0.95
Total Current Assets	0.64	0.83	0.31	0.47	-0.49	0.42	0.55	-0.08	0.28	0.99	-0.17	0.26	0.99	0.4	-0.4	-0.43	0.79	0.06	-0.18	-0.36	0.77		-0.45	-0.55	0.4	0.66
Short Term Debt	-0.65	-0.37	-0.44	0.17	0.0	-0.19	-0.27	-0.22	0.0	-0.41	-0.28	-0.52	-0.41	-0.12	-0.26	0.1	-0.38	-0.35	-0.18	0.1	-0.3	-0.45		-0.13	0.07	-0.19
Intangible Assets	-0.11	-0.79	0.27	-0.87	0.94	-0.68	-0.81	-0.27	-0.69	-0.51	0.76	0.14	-0.51	-0.62	0.89	0.87	-0.77	-0.36	0.46	0.85	-0.82	-0.55	-0.13		-0.94	-0.88
Common Stock	0.14	0.68	-0.38	0.74	-0.88	0.69	0.74	0.48	0.65	0.36	-0.83	-0.12	0.36	0.6	-0.79	-0.9	0.67	0.4	-0.48	-0.89	0.71	0.4	0.07	-0.94		0.79
Current Deferred Revenue	0.22	0.92	-0.23	0.88	-0.94	0.65	0.94	0.33	0.82	0.59	-0.49	0.06	0.59	0.8	-0.76	-0.86	0.93	0.59	-0.39	-0.89	0.95	0.66	-0.19	-0.88	0.79

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United Parks Account Relationship Matchups

United Parks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.6B	2.6B	2.3B	2.6B	2.6B
Short Long Term Debt Total	1.7B	2.3B	2.2B	2.2B	2.2B	2.0B
Other Current Liab	96.6M	201.6M	66.7M	60.9M	74.0M	71.7M
Total Current Liabilities	402.7M	317.1M	372.0M	409.2M	410.9M	344.3M
Total Stockholder Equity	210.9M	(105.8M)	(33.9M)	(437.7M)	(208.2M)	(197.8M)
Property Plant And Equipment Net	1.9B	1.8B	1.8B	1.8B	2.0B	2.0B
Net Debt	1.6B	1.9B	1.8B	2.2B	2.0B	1.9B
Retained Earnings	(59.5M)	(371.8M)	(115.3M)	175.9M	410.1M	430.6M
Accounts Payable	131.5M	85.0M	134.3M	159.9M	160.6M	126.0M
Cash	40.9M	433.9M	443.7M	79.2M	246.9M	156.3M
Non Current Assets Total	2.1B	2.1B	2.0B	2.1B	2.2B	1.7B
Non Currrent Assets Other	9.5M	15.3M	18.3M	19.3M	33.5M	18.0M
Cash And Short Term Investments	40.9M	433.9M	443.7M	79.2M	246.9M	156.3M
Net Receivables	49.7M	30.4M	76.9M	71.1M	73.8M	55.7M
Common Stock Shares Outstanding	81.0M	78.2M	79.6M	70.3M	64.5M	64.9M
Liabilities And Stockholders Equity	2.3B	2.6B	2.6B	2.3B	2.6B	2.6B
Non Current Liabilities Total	1.7B	2.4B	2.3B	2.4B	2.4B	2.1B
Inventory	33.2M	30.7M	29.5M	55.2M	49.2M	39.4M
Other Current Assets	45.3M	12.4M	17.3M	28.3M	20.2M	19.2M
Other Stockholder Equity	271.0M	265.1M	80.4M	(614.5M)	(619.3M)	(588.3M)
Total Liab	2.1B	2.7B	2.6B	2.8B	2.8B	2.4B
Total Current Assets	169.1M	507.4M	567.4M	233.7M	390.2M	277.8M
Short Term Debt	70.1M	20.1M	15.4M	15.6M	16.5M	24.3M
Intangible Assets	183.9M	178.6M	161.2M	157M	157.8M	140.9M
Common Stock	940K	946K	955K	963K	967K	1.0M
Current Deferred Revenue	104.4M	130.8M	154.8M	169.5M	155.6M	134.0M

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