United Change Receivables vs Depreciation Analysis
UBSI Stock | USD 43.29 0.48 1.12% |
United Bankshares financial indicator trend analysis is much more than just breaking down United Bankshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Bankshares is a good investment. Please check the relationship between United Bankshares Change Receivables and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in United Stock please use our How to Invest in United Bankshares guide.
Change Receivables vs Depreciation
Change Receivables vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Bankshares Change Receivables account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between United Bankshares' Change Receivables and Depreciation is -0.64. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of United Bankshares, assuming nothing else is changed. The correlation between historical values of United Bankshares' Change Receivables and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of United Bankshares are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change Receivables i.e., United Bankshares' Change Receivables and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change Receivables
The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.Depreciation
Depreciation indicates how much of United Bankshares value has been used up. For tax purposes United Bankshares can deduct the cost of the tangible assets it purchases as business expenses. However, United Bankshares must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from United Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Bankshares 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 United Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in United Stock please use our How to Invest in United Bankshares guide.As of now, United Bankshares' Selling General Administrative is increasing as compared to previous years. The United Bankshares' current Enterprise Value is estimated to increase to about 5.6 B, while Tax Provision is projected to decrease to under 95.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 462.9M | 585.8M | 436.2M | 227.2M | Other Operating Expenses | 545.7M | 445.8M | 394.1M | 413.8M |
United Bankshares fundamental ratios Correlations
Click cells to compare fundamentals
United Bankshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Bankshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 101.9M | 120.1M | 129.5M | 135.1M | 134.8M | 141.5M | |
Total Assets | 19.7B | 26.2B | 29.3B | 29.5B | 29.9B | 31.4B | |
Short Long Term Debt Total | 2.3B | 1.1B | 1.0B | 2.4B | 1.9B | 965.6M | |
Other Current Liab | (374.7M) | (142.3M) | (128.8M) | (160.7M) | 18.1B | 19.1B | |
Total Current Liabilities | 374.7M | 142.3M | 128.8M | 75.7M | 21.3B | 22.4B | |
Total Stockholder Equity | 3.4B | 4.3B | 4.7B | 4.5B | 4.8B | 5.0B | |
Property Plant And Equipment Net | 57.8M | 69.5M | 81.9M | 71.1M | 277.5M | 291.4M | |
Net Debt | 1.4B | (1.1B) | (2.7B) | 1.3B | 284.2M | 294.2M | |
Retained Earnings | 1.1B | 1.2B | 1.4B | 1.6B | 1.7B | 1.8B | |
Cash | 837.5M | 2.2B | 3.8B | 1.2B | 1.6B | 1.7B | |
Non Current Assets Total | 4.2B | 5.1B | 6.3B | 2.2B | 32.5B | 34.1B | |
Non Currrent Assets Other | (58.8M) | (100.0M) | (102.8M) | (4.9B) | (6.3B) | (6.0B) | |
Other Assets | 12.1B | 15.9B | 15.2B | 21.5B | (6.7B) | (6.3B) | |
Cash And Short Term Investments | 3.3B | 5.2B | 7.8B | 5.7B | 4.0B | 4.2B | |
Net Receivables | 58.1M | 66.8M | 64.5M | 94.9M | 111.4M | 117.0M | |
Liabilities And Stockholders Equity | 19.7B | 26.2B | 29.3B | 29.5B | 29.9B | 31.4B | |
Other Stockholder Equity | 2.0B | 2.7B | 3.0B | 2.9B | 2.9B | 3.1B | |
Total Liab | 16.3B | 21.9B | 24.6B | 25.0B | 25.2B | 26.4B | |
Property Plant And Equipment Gross | 154.4M | 245.3M | 81.9M | 71.1M | 515.6M | 541.4M | |
Total Current Assets | 3.3B | 5.2B | 7.9B | 5.8B | 4.2B | 5.0B | |
Accumulated Other Comprehensive Income | (34.9M) | 22.4M | (4.9M) | (332.7M) | (259.7M) | (246.7M) | |
Short Term Debt | 374.7M | 142.3M | 128.8M | 160.7M | 1.7B | 1.8B | |
Non Current Liabilities Total | 1.9B | 937.6M | 904.1M | 24.9B | 25.1B | 26.3B | |
Common Stock Total Equity | 263.7M | 334.5M | 353.4M | 355.0M | 408.3M | 428.7M | |
Common Stock | 263.7M | 334.5M | 353.4M | 355.0M | 355.6M | 337.9M | |
Other Liab | 1.7M | 221.6M | 227.1M | 46.2M | 53.1M | 73.9M | |
Accounts Payable | 170.3M | 202.3M | 23.4B | 189.7M | 170.8M | 162.2M | |
Short Term Investments | 2.4B | 3.0B | 4.0B | 4.5B | 3.8B | 4.0B | |
Inventory | (911.1M) | (2.3B) | (3.8B) | 2.1M | 1.5B | 1.6B | |
Treasury Stock | (137.8M) | (159.1M) | (170.6M) | (250.4M) | (225.4M) | (214.1M) | |
Intangible Assets | 29.9M | 47.9M | 47.6M | 39.9M | 18.3M | 17.4M | |
Property Plant Equipment | 96.6M | 175.8M | 81.9M | 199.2M | 229.0M | 240.5M | |
Long Term Debt | 236.2M | 279.8M | 817.4M | 2.2B | 1.8B | 1.9B | |
Other Current Assets | 911.1M | 2.3B | 3.8B | 1.3B | 1.7B | 1.6B | |
Net Tangible Assets | 1.9B | 2.5B | 2.8B | 2.6B | 3.0B | 1.6B | |
Retained Earnings Total Equity | 1.1B | 1.2B | 1.4B | 1.6B | 1.8B | 1.1B | |
Long Term Debt Total | 236.2M | 279.8M | 285.2M | 286.9M | 329.9M | 255.6M | |
Capital Surpluse | 2.1B | 2.9B | 3.1B | 3.2B | 3.6B | 3.8B | |
Long Term Investments | 14.2B | 18.3B | 4.3B | 4.9B | 4.1B | 3.9B |
Currently Active Assets on Macroaxis
When determining whether United Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Bankshares Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in United Stock please use our How to Invest in United Bankshares guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Regional 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 United Bankshares. If investors know United 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 United Bankshares 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 (0.01) | Dividend Share 1.48 | Earnings Share 2.65 | Revenue Per Share 7.498 | Quarterly Revenue Growth (0) |
The market value of United Bankshares is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Bankshares' value that differs from its market value or its book value, called intrinsic value, which is United Bankshares' 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 United Bankshares' market value can be influenced by many factors that don't directly affect United Bankshares' 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 United Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Bankshares' 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.