UDR Total Assets vs Accounts Payable Analysis
| UDR Stock | USD 45.57 0.48 1.06% |
UDR financial indicator trend analysis is much more than just breaking down UDR Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UDR Inc is a good investment. Please check the relationship between UDR Total Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UDR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UDR Inc Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between UDR's Total Assets and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of UDR Inc, assuming nothing else is changed. The correlation between historical values of UDR's Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of UDR Inc are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., UDR's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of UDR assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in UDR Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents UDR obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of UDR Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from UDR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UDR Inc 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 UDR Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, UDR's Tax Provision is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Discontinued Operations is likely to drop 8,550.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 228.0M | 331.0M | 1.1B | 1.1B | Total Revenue | 1.3B | 1.5B | 1.6B | 1.7B |
UDR fundamental ratios Correlations
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UDR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UDR fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 9.6B | 9.6B | 10.8B | 11.0B | 11.4B | 11.9B | |
| Short Long Term Debt Total | 5.0B | 5.2B | 5.7B | 6.0B | 6.0B | 6.3B | |
| Total Stockholder Equity | 3.4B | 3.2B | 3.4B | 4.1B | 4.0B | 4.2B | |
| Net Debt | 4.9B | 5.2B | 5.6B | 6.0B | 6.0B | 6.3B | |
| Retained Earnings | (2.5B) | (2.7B) | (3.5B) | (3.5B) | (3.6B) | (3.4B) | |
| Common Stock Shares Outstanding | 286.0M | 294.9M | 301.7M | 322.7M | 329.1M | 345.6M | |
| Liabilities And Stockholders Equity | 9.6B | 9.6B | 10.8B | 11.0B | 11.4B | 11.9B | |
| Non Current Liabilities Total | 4.9B | 5.2B | 5.6B | 5.7B | 5.6B | 5.9B | |
| Other Stockholder Equity | 5.8B | 5.9B | 6.9B | 7.5B | 15.0B | 15.7B | |
| Total Liab | 5.2B | 5.5B | 6.0B | 6.1B | 6.4B | 6.7B | |
| Other Current Liab | (132.6M) | (27.5M) | (45.7M) | (505.2M) | (652.9M) | (620.3M) | |
| Total Current Liabilities | 322.4M | 350.5M | 396.2M | 423.8M | 47.1M | 44.8M | |
| Property Plant And Equipment Net | 204.2M | 200.9M | 197.5M | 194.1M | 190.6M | 181.1M | |
| Non Current Assets Total | 9.4B | 9.2B | 10.3B | 11.0B | 190.6M | 181.1M | |
| Non Currrent Assets Other | 8.6B | 8.4B | 9.4B | 10.0B | (998.4M) | (948.4M) | |
| Short Term Debt | 316.6M | 218.0M | 249.5M | 300M | 521.3M | 547.4M | |
| Accounts Payable | 90.0M | 111.0M | 137.0M | 153.2M | 131.6M | 93.1M | |
| Cash | 8.1M | 1.4M | 967K | 1.2M | 2.9M | 2.8M | |
| Other Assets | 171.9M | 9.6B | 216.3M | 4.6B | 10.9B | 11.5B | |
| Cash And Short Term Investments | 8.1M | 1.4M | 967K | 1.2M | 34.9M | 24.8M | |
| Total Current Assets | 256.7M | 429.0M | 443.3M | 84.9M | 263.7M | 194.1M | |
| Common Stock | 2.9M | 3.0M | 3.2M | 3.3M | 3.0M | 2.8M | |
| Accumulated Other Comprehensive Income | (10.4M) | (9.1M) | (4.3M) | 8.3M | 4.9M | 5.2M | |
| Other Liab | 48.4M | 49.0M | 55.4M | 60.3M | 54.3M | 66.5M | |
| Long Term Debt | 4.7B | 5.0B | 5.4B | 5.5B | 5.4B | 3.8B | |
| Common Stock Total Equity | 2.9M | 3.0M | 3.2M | 3.3M | 3.0M | 2.8M | |
| Net Receivables | 153.7M | 158.0M | 26.9M | 54.7M | 228.8M | 240.3M | |
| Other Current Assets | 25.2M | 22.8M | 27.5M | 29.0M | (263.7M) | (250.5M) | |
| Inventory | 69.8M | 246.9M | 388.1M | 113.9M | 102.5M | 97.4M | |
| Net Tangible Assets | 4.3B | 4.0B | 3.4B | 4.9B | 5.6B | 3.8B | |
| Noncontrolling Interest In Consolidated Entity | 30.8M | 24.4M | 31.4M | 210K | 241.5K | 229.4K | |
| Retained Earnings Total Equity | (2.5B) | (2.7B) | (3.5B) | (3.5B) | (3.1B) | (3.0B) | |
| Long Term Debt Total | 4.7B | 5.0B | 5.4B | 5.5B | 6.3B | 4.5B | |
| Capital Surpluse | 5.8B | 5.9B | 6.9B | 7.5B | 8.6B | 5.3B | |
| Long Term Investments | 588.3M | 600.2M | 702.5M | 754.4M | 952.9M | 704.3M |
Pair Trading with UDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UDR will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to UDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UDR Inc to buy it.
The correlation of UDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UDR Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for UDR Stock Analysis
When running UDR's price analysis, check to measure UDR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UDR is operating at the current time. Most of UDR's value examination focuses on studying past and present price action to predict the probability of UDR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UDR's price. Additionally, you may evaluate how the addition of UDR to your portfolios can decrease your overall portfolio volatility.