United Common Stock vs Short Long Term Debt Total Analysis
UFCS Stock | USD 29.89 0.14 0.47% |
United Fire financial indicator trend analysis is much more than just breaking down United Fire Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Fire Group is a good investment. Please check the relationship between United Fire Common Stock and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Common Stock vs Short Long Term Debt Total
Common Stock vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Fire Group Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between United Fire's Common Stock and Short Long Term Debt Total is -0.39. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of United Fire Group, assuming nothing else is changed. The correlation between historical values of United Fire's Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of United Fire Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., United Fire's Common Stock and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Short Long Term Debt Total
Most indicators from United Fire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Fire Group 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 Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Discontinued Operations is likely to gain to about 30.7 M in 2024, despite the fact that Tax Provision is likely to grow to (11.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 980.3M | 1.1B | 634.4M | Total Revenue | 1.1B | 980.3M | 1.1B | 635.1M |
United Fire fundamental ratios Correlations
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United Fire Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Fire fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0B | 3.1B | 3.0B | 2.9B | 3.1B | 2.3B | |
Total Stockholder Equity | 910.5M | 825.1M | 879.1M | 740.1M | 733.7M | 531.5M | |
Net Debt | (104.9M) | (37.9M) | (82.1M) | (46.7M) | (52.0M) | (54.6M) | |
Retained Earnings | 697.1M | 555.9M | 621.4M | 620.6M | 574.7M | 345.6M | |
Other Assets | 269.6M | 268.6M | 326.2M | 2.1B | (1.3B) | (1.3B) | |
Common Stock Shares Outstanding | 25.6M | 25.0M | 25.1M | 25.3M | 25.2M | 25.9M | |
Liabilities And Stockholders Equity | 3.0B | 3.1B | 3.0B | 2.9B | 3.1B | 2.3B | |
Non Current Liabilities Total | 20.6M | 74.9M | 76.8M | 50M | 2.4B | 1.8B | |
Other Stockholder Equity | 200.2M | 202.4M | 203.4M | 207.0M | 210.0M | 108.6M | |
Total Liab | 20.6M | 74.9M | 76.8M | 2.1B | 2.4B | 1.6B | |
Property Plant And Equipment Net | 117.0M | 129.9M | 137.7M | 133.1M | 134.2M | 141.0M | |
Non Current Assets Total | 2.2B | 2.2B | 2.1B | 154.0M | 3.9B | 4.1B | |
Non Currrent Assets Other | (72.6M) | (66.8M) | (55.1M) | (1.7B) | (1.9B) | (2.0B) | |
Net Receivables | 449.2M | 544.0M | 477.0M | 365.7M | 464.8M | 488.0M | |
Property Plant And Equipment Gross | 69.0M | 97.2M | 117.0M | 129.9M | 149.4M | 156.8M | |
Total Current Assets | 570.1M | 632.1M | 609.3M | 580.1M | 594.6M | 427.2M | |
Intangible Assets | 7.5M | 6.7M | 6.0M | 5.3M | 4.6M | 6.7M | |
Cash | 120.7M | 87.9M | 132.1M | 96.7M | 102.0M | 132.1M | |
Cash And Short Term Investments | 120.9M | 88.1M | 132.4M | 96.9M | 102.1M | 138.0M | |
Other Current Assets | 569.5M | 518.7M | 558.7M | 11.3M | 27.7M | 26.3M | |
Accumulated Other Comprehensive Income | 13.2M | 66.9M | 54.3M | (87.5M) | (51.0M) | (48.4M) | |
Other Current Liab | 1.5B | 1.5B | 1.5B | 1.5B | 1.6B | 1.1B | |
Other Liab | 938.4M | 666.4M | 619.3M | 981.9M | 1.1B | 1.2B | |
Property Plant Equipment | 117.0M | 129.9M | 137.7M | 159.6M | 183.5M | 192.7M | |
Total Current Liabilities | 1.5B | 1.6B | 1.5B | 1.5B | 1.6B | 1.3B | |
Net Tangible Assets | 887.9M | 818.4M | 879.1M | 734.8M | 845.0M | 900.0M | |
Accounts Payable | 155.5M | 126.6M | 1.5B | 515.3M | 592.6M | 332.7M | |
Retained Earnings Total Equity | 715.5M | 697.1M | 555.9M | 621.4M | 714.6M | 623.9M | |
Capital Surpluse | 203.4M | 200.2M | 202.4M | 203.4M | 183.0M | 164.8M | |
Inventory | (569.5M) | (518.7M) | (558.7M) | (629.1M) | (566.8M) | (538.5M) | |
Long Term Investments | 2.2B | 2.2B | 2.1B | 1.7B | 1.7B | 2.0B | |
Non Current Liabilities Other | 1.8B | 1.9B | 2.0B | 2.0B | 1.8B | 2.0B |
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