Unity Current Deferred Revenue vs Deferred Long Term Liab Analysis

U Stock  USD 22.46  0.83  3.84%   
Unity Software financial indicator trend analysis is much more than just breaking down Unity Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Software is a good investment. Please check the relationship between Unity Software Current Deferred Revenue and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.

Current Deferred Revenue vs Deferred Long Term Liab

Current Deferred Revenue vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Software Current Deferred Revenue account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Unity Software's Current Deferred Revenue and Deferred Long Term Liab is 0.62. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Unity Software, assuming nothing else is changed. The correlation between historical values of Unity Software's Current Deferred Revenue and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Unity Software are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Current Deferred Revenue i.e., Unity Software's Current Deferred Revenue and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Unity Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Software 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.At this time, Unity Software's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M7.4M24.6M25.8M
Depreciation And Amortization64.6M211.6M563.9M592.1M

Unity Software fundamental ratios Correlations

0.980.990.980.84-0.460.80.990.82-0.910.950.940.99-0.330.890.880.990.940.910.820.980.93-0.280.990.990.99
0.980.990.940.88-0.570.680.980.83-0.890.970.880.99-0.450.90.780.990.940.820.820.970.9-0.410.980.950.98
0.990.990.980.86-0.460.781.00.8-0.910.960.940.98-0.360.90.870.990.940.90.790.970.94-0.30.990.990.98
0.980.940.980.8-0.310.850.980.73-0.880.930.980.94-0.290.870.940.960.90.950.720.940.94-0.180.980.990.95
0.840.880.860.8-0.690.620.840.84-0.960.810.770.86-0.150.980.630.890.950.640.830.840.92-0.660.850.830.85
-0.46-0.57-0.46-0.31-0.69-0.03-0.44-0.820.58-0.51-0.19-0.590.28-0.59-0.02-0.53-0.64-0.08-0.79-0.59-0.450.79-0.45-0.37-0.57
0.80.680.780.850.62-0.030.780.51-0.790.620.90.710.220.740.920.760.720.930.60.730.840.090.770.860.74
0.990.981.00.980.84-0.440.780.79-0.90.970.940.97-0.360.90.880.980.930.90.770.960.93-0.260.980.980.97
0.820.830.80.730.84-0.820.510.79-0.860.820.620.87-0.220.840.540.820.920.550.920.890.81-0.490.790.760.88
-0.91-0.89-0.91-0.88-0.960.58-0.79-0.9-0.86-0.83-0.86-0.90.05-0.99-0.77-0.92-0.98-0.77-0.86-0.9-0.980.47-0.9-0.91-0.9
0.950.970.960.930.81-0.510.620.970.82-0.830.850.95-0.530.850.80.940.910.790.710.930.88-0.30.950.910.94
0.940.880.940.980.77-0.190.90.940.62-0.860.850.88-0.190.850.960.920.850.970.650.870.93-0.150.950.980.89
0.990.990.980.940.86-0.590.710.970.87-0.90.950.88-0.380.890.790.990.940.840.881.00.9-0.390.980.961.0
-0.33-0.45-0.36-0.29-0.150.280.22-0.36-0.220.05-0.53-0.19-0.38-0.11-0.12-0.34-0.2-0.14-0.09-0.34-0.10.24-0.38-0.24-0.35
0.890.90.90.870.98-0.590.740.90.84-0.990.850.850.89-0.110.740.920.980.740.820.870.97-0.520.890.890.88
0.880.780.870.940.63-0.020.920.880.54-0.770.80.960.79-0.120.740.820.770.970.530.790.870.090.870.920.81
0.990.990.990.960.89-0.530.760.980.82-0.920.940.920.99-0.340.920.820.940.870.840.970.93-0.390.990.980.98
0.940.940.940.90.95-0.640.720.930.92-0.980.910.850.94-0.20.980.770.940.760.870.940.97-0.470.930.920.94
0.910.820.90.950.64-0.080.930.90.55-0.770.790.970.84-0.140.740.970.870.760.620.840.850.030.90.950.86
0.820.820.790.720.83-0.790.60.770.92-0.860.710.650.88-0.090.820.530.840.870.620.90.78-0.530.790.790.88
0.980.970.970.940.84-0.590.730.960.89-0.90.930.871.0-0.340.870.790.970.940.840.90.9-0.360.970.961.0
0.930.90.940.940.92-0.450.840.930.81-0.980.880.930.9-0.10.970.870.930.970.850.780.9-0.340.930.950.91
-0.28-0.41-0.3-0.18-0.660.790.09-0.26-0.490.47-0.3-0.15-0.390.24-0.520.09-0.39-0.470.03-0.53-0.36-0.34-0.33-0.23-0.35
0.990.980.990.980.85-0.450.770.980.79-0.90.950.950.98-0.380.890.870.990.930.90.790.970.93-0.330.980.98
0.990.950.990.990.83-0.370.860.980.76-0.910.910.980.96-0.240.890.920.980.920.950.790.960.95-0.230.980.97
0.990.980.980.950.85-0.570.740.970.88-0.90.940.891.0-0.350.880.810.980.940.860.881.00.91-0.350.980.97
Click cells to compare fundamentals

Unity Software Account Relationship Matchups

Unity Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.9M2.7B4.8B7.8B7.2B4.4B
Other Current Liab239.8M263.2M358.8M737.5M602.0M434.2M
Total Current Liabilities336.5M503.2M625.5M1.0B894.1M664.3M
Total Stockholder Equity393.9M2.0B2.4B3.5B3.2B2.2B
Other Liab32.4M32.3M25.8M254.6M292.8M307.5M
Net Tangible Assets(573.0M)1.7B(40.1M)(1.6B)(1.4B)(1.4B)
Property Plant And Equipment Net79.0M199.2M204.5M121.9M254.1M169.9M
Current Deferred Revenue86.0M113.9M140.5M218.1M186.8M146.7M
Net Debt(130.0M)(1.1B)763.5M1.2B1.1B1.2B
Retained Earnings(515.2M)(797.5M)(1.3B)(2.2B)(3.1B)(2.9B)
Accounts Payable10.7M11.3M14.0M20.2M14.5M14.7M
Cash130.0M1.3B1.1B1.5B1.6B1.1B
Non Current Assets Total395.4M590.6M2.7B5.5B4.9B2.6B
Non Currrent Assets Other36.1M47.7M51.2M(212M)91.4M95.9M
Other Assets36.1M47.7M51.2M103.8M119.3M125.3M
Cash And Short Term Investments130.0M1.8B1.7B1.6B1.6B1.3B
Net Receivables204.9M274.3M340.5M633.8M611.7M406.6M
Good Will218.3M286.3M1.6B3.2B3.2B3.3B
Liabilities And Stockholders Equity762.9M2.7B4.8B7.8B7.2B4.4B
Non Current Liabilities Total32.4M130.9M1.8B3.1B2.9B1.5B
Capital Surpluse226.2M2.8B3.7B5.8B6.6B7.0B
Inventory23.1M32.0M39.1M1.00.90.86
Other Current Assets9.4M54.4M73.5M144.1M122.8M76.7M
Other Stockholder Equity226.2M2.8B3.7B5.8B6.3B3.5B
Total Liab368.9M634.1M2.4B4.1B3.8B2.1B
Net Invested Capital(292.6M)2.0B4.1B6.2B5.9B3.2B
Property Plant And Equipment Gross79.0M199.2M204.5M245.5M284.8M198.1M
Total Current Assets367.4M2.1B2.2B2.4B2.3B1.8B
Accumulated Other Comprehensive Income(3.6M)(3.4M)(3.9M)(1.7M)(5.0M)(5.3M)
Non Current Liabilities Other21.8M11.8M9.9M259.0M217.2M228.1M
Net Working Capital30.9M1.6B1.5B1.4B1.4B1.1B
Short Term Debt0.050.8M47.5M34.5M39.1M35.6M
Intangible Assets62.0M57.5M814.4M1.9B1.4B783.2M
Property Plant Equipment79.0M199.2M204.5M242.4M278.8M174.4M

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Additional Tools for Unity Stock Analysis

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