United Cost Of Revenue vs Revenue Per Share Analysis

UFCS Stock  USD 30.47  0.58  1.94%   
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 Cost Of Revenue and its Revenue Per Share 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.

Cost Of Revenue vs Revenue Per Share

Cost Of Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Fire Group Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have very week relationship.
The correlation between United Fire's Cost Of Revenue and Revenue Per Share is 0.22. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share 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 Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of United Fire Group are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., United Fire's Cost Of Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on United Fire Group income statement and represents the costs associated with goods and services United Fire provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
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 Profit1.1B980.3M1.1B634.4M
Total Revenue1.1B980.3M1.1B635.1M

United Fire fundamental ratios Correlations

0.090.87-0.850.670.640.840.670.890.67-0.02-0.23-0.580.42-0.040.380.410.630.530.61-0.84-0.83-0.4-0.840.1-0.09
0.090.130.170.18-0.360.35-0.210.3-0.190.660.460.350.430.660.70.170.540.540.0-0.39-0.38-0.37-0.390.480.34
0.870.13-0.720.930.360.850.280.910.330.30.01-0.310.680.250.670.120.570.460.4-0.87-0.88-0.2-0.870.450.13
-0.850.17-0.72-0.52-0.65-0.69-0.63-0.7-0.550.220.310.63-0.190.24-0.14-0.5-0.65-0.6-0.720.660.640.180.660.110.15
0.670.180.93-0.520.110.760.00.830.150.490.17-0.090.730.440.78-0.090.450.330.2-0.8-0.81-0.2-0.80.620.35
0.64-0.360.36-0.650.110.240.650.420.7-0.66-0.88-0.98-0.33-0.7-0.310.520.120.080.55-0.22-0.19-0.06-0.22-0.5-0.54
0.840.350.85-0.690.760.240.390.850.450.410.2-0.20.70.40.670.310.80.710.53-0.99-0.99-0.58-0.990.40.26
0.67-0.210.28-0.630.00.650.390.350.9-0.51-0.35-0.57-0.13-0.45-0.280.50.310.290.59-0.34-0.32-0.42-0.34-0.43-0.32
0.890.30.91-0.70.830.420.850.350.440.22-0.08-0.420.530.180.640.330.60.490.49-0.88-0.87-0.39-0.880.330.1
0.67-0.190.33-0.550.150.70.450.90.44-0.44-0.44-0.63-0.14-0.4-0.20.460.220.170.57-0.4-0.38-0.56-0.4-0.34-0.23
-0.020.660.30.220.49-0.660.41-0.510.22-0.440.790.690.820.990.86-0.430.40.37-0.36-0.46-0.48-0.32-0.460.850.68
-0.230.460.010.310.17-0.880.2-0.35-0.08-0.440.790.90.650.840.54-0.40.240.25-0.32-0.22-0.24-0.22-0.220.620.63
-0.580.35-0.310.63-0.09-0.98-0.2-0.57-0.42-0.630.690.90.380.730.33-0.55-0.1-0.06-0.550.180.150.030.180.560.52
0.420.430.68-0.190.73-0.330.7-0.130.53-0.140.820.650.380.810.85-0.340.510.44-0.13-0.75-0.77-0.31-0.750.770.53
-0.040.660.250.240.44-0.70.4-0.450.18-0.40.990.840.730.810.82-0.430.40.38-0.35-0.44-0.47-0.37-0.440.820.7
0.380.70.67-0.140.78-0.310.67-0.280.64-0.20.860.540.330.850.82-0.130.580.51-0.01-0.72-0.74-0.29-0.720.840.53
0.410.170.12-0.5-0.090.520.310.50.330.46-0.43-0.4-0.55-0.34-0.43-0.130.450.460.91-0.25-0.21-0.12-0.25-0.42-0.36
0.630.540.57-0.650.450.120.80.310.60.220.40.24-0.10.510.40.580.450.990.53-0.78-0.77-0.49-0.780.270.24
0.530.540.46-0.60.330.080.710.290.490.170.370.25-0.060.440.380.510.460.990.51-0.69-0.68-0.46-0.690.220.23
0.610.00.4-0.720.20.550.530.590.490.57-0.36-0.32-0.55-0.13-0.35-0.010.910.530.51-0.46-0.42-0.16-0.46-0.28-0.25
-0.84-0.39-0.870.66-0.8-0.22-0.99-0.34-0.88-0.4-0.46-0.220.18-0.75-0.44-0.72-0.25-0.78-0.69-0.461.00.581.0-0.43-0.3
-0.83-0.38-0.880.64-0.81-0.19-0.99-0.32-0.87-0.38-0.48-0.240.15-0.77-0.47-0.74-0.21-0.77-0.68-0.421.00.571.0-0.45-0.33
-0.4-0.37-0.20.18-0.2-0.06-0.58-0.42-0.39-0.56-0.32-0.220.03-0.31-0.37-0.29-0.12-0.49-0.46-0.160.580.570.58-0.07-0.41
-0.84-0.39-0.870.66-0.8-0.22-0.99-0.34-0.88-0.4-0.46-0.220.18-0.75-0.44-0.72-0.25-0.78-0.69-0.461.01.00.58-0.43-0.3
0.10.480.450.110.62-0.50.4-0.430.33-0.340.850.620.560.770.820.84-0.420.270.22-0.28-0.43-0.45-0.07-0.430.33
-0.090.340.130.150.35-0.540.26-0.320.1-0.230.680.630.520.530.70.53-0.360.240.23-0.25-0.3-0.33-0.41-0.30.33
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United Fire Account Relationship Matchups

United Fire fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B3.0B2.9B3.1B2.3B
Total Stockholder Equity910.5M825.1M879.1M740.1M733.7M531.5M
Net Debt(104.9M)(37.9M)(82.1M)(46.7M)(52.0M)(54.6M)
Retained Earnings697.1M555.9M621.4M620.6M574.7M345.6M
Other Assets269.6M268.6M326.2M2.1B(1.3B)(1.3B)
Common Stock Shares Outstanding25.6M25.0M25.1M25.3M25.2M25.9M
Liabilities And Stockholders Equity3.0B3.1B3.0B2.9B3.1B2.3B
Non Current Liabilities Total20.6M74.9M76.8M50M2.4B1.8B
Other Stockholder Equity200.2M202.4M203.4M207.0M210.0M108.6M
Total Liab20.6M74.9M76.8M2.1B2.4B1.6B
Property Plant And Equipment Net117.0M129.9M137.7M133.1M134.2M141.0M
Non Current Assets Total2.2B2.2B2.1B154.0M3.9B4.1B
Non Currrent Assets Other(72.6M)(66.8M)(55.1M)(1.7B)1.9B2.0B
Net Receivables449.2M544.0M477.0M365.7M464.8M488.0M
Property Plant And Equipment Gross69.0M97.2M117.0M129.9M149.4M156.8M
Total Current Assets570.1M632.1M609.3M580.1M594.6M427.2M
Intangible Assets7.5M6.7M6.0M5.3M4.6M6.7M
Cash120.7M87.9M132.1M96.7M102.0M132.1M
Cash And Short Term Investments120.9M88.1M132.4M96.9M102.1M138.0M
Other Current Assets569.5M518.7M558.7M11.3M27.7M26.3M
Accumulated Other Comprehensive Income13.2M66.9M54.3M(87.5M)(51.0M)(48.4M)
Other Current Liab1.5B1.5B1.5B1.5B1.6B1.1B
Other Liab938.4M666.4M619.3M981.9M1.1B1.2B
Property Plant Equipment117.0M129.9M137.7M159.6M183.5M192.7M
Total Current Liabilities1.5B1.6B1.5B1.5B1.6B1.3B
Net Tangible Assets887.9M818.4M879.1M734.8M845.0M900.0M
Accounts Payable155.5M126.6M1.5B515.3M592.6M332.7M
Retained Earnings Total Equity715.5M697.1M555.9M621.4M714.6M623.9M
Capital Surpluse203.4M200.2M202.4M203.4M183.0M164.8M
Inventory(569.5M)(518.7M)(558.7M)(629.1M)(566.8M)(538.5M)
Long Term Investments2.2B2.2B2.1B1.7B1.7B2.0B
Non Current Liabilities Other1.8B1.9B2.0B2.0B1.8B2.0B

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