Ultrapar Net Interest Income vs Gross Profit Analysis

UGP Stock

USD 3.15 0.09 2.78%

Ultrapar Participacoes financial indicator trend analysis is much more than just breaking down Ultrapar Participacoes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ultrapar Participacoes is a good investment. Please check the relationship between Ultrapar Participacoes Net Interest Income and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Net Interest Income vs Gross Profit

Net Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ultrapar Participacoes Net Interest Income account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ultrapar Participacoes' Net Interest Income and Gross Profit is -0.19. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Ultrapar Participacoes SA, assuming nothing else is changed. The correlation between historical values of Ultrapar Participacoes' Net Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Ultrapar Participacoes SA are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Interest Income i.e., Ultrapar Participacoes' Net Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ultrapar Participacoes SA minus its cost of goods sold. It is profit before Ultrapar Participacoes operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Ultrapar Participacoes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ultrapar Participacoes 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 Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Ultrapar Participacoes' Discontinued Operations is relatively stable compared to the past year. As of 11/22/2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Selling General Administrative is likely to drop slightly above 1.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	4.9B	7.4B	9.3B	9.8B
Total Revenue	109.7B	143.6B	126.0B	132.4B

Gross Profit Total Revenue

Ultrapar Participacoes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Liab
Total Assets		0.81	0.8	0.92	0.94	0.69	0.72	0.05	0.89	0.69	0.96	0.68	0.72	0.83	0.77	0.54	0.81	0.98	0.4	-0.16	0.99	0.92	0.85	0.53	0.82	0.88
Short Long Term Debt Total	0.81		0.53	0.64	0.63	0.87	0.96	0.34	0.57	0.32	0.74	0.55	0.86	0.51	0.87	0.68	0.99	0.78	0.46	-0.32	0.86	0.57	0.92	0.61	0.86	0.63
Other Current Liab	0.8	0.53		0.82	0.76	0.34	0.49	0.15	0.75	0.5	0.66	0.44	0.28	0.65	0.51	0.34	0.54	0.7	0.66	0.02	0.79	0.82	0.72	0.3	0.58	0.62
Total Current Liabilities	0.92	0.64	0.82		0.87	0.46	0.53	-0.1	0.96	0.7	0.85	0.75	0.55	0.68	0.64	0.42	0.6	0.9	0.53	0.09	0.91	0.95	0.8	0.61	0.68	0.81
Total Stockholder Equity	0.94	0.63	0.76	0.87		0.6	0.49	-0.05	0.85	0.84	0.96	0.56	0.65	0.93	0.72	0.55	0.64	0.94	0.18	-0.18	0.89	0.91	0.7	0.46	0.78	0.87
Property Plant And Equipment Net	0.69	0.87	0.34	0.46	0.6		0.81	0.25	0.41	0.36	0.69	0.24	0.88	0.53	0.82	0.72	0.88	0.68	0.14	-0.42	0.71	0.44	0.74	0.49	0.81	0.59
Net Debt	0.72	0.96	0.49	0.53	0.49	0.81		0.41	0.47	0.09	0.64	0.51	0.72	0.38	0.75	0.59	0.95	0.66	0.53	-0.28	0.8	0.48	0.84	0.5	0.72	0.5
Retained Earnings	0.05	0.34	0.15	-0.1	-0.05	0.25	0.41		-0.21	-0.26	-0.1	-0.17	0.1	0.0	0.32	0.36	0.33	-0.01	0.35	-0.61	0.09	-0.16	0.3	0.16	0.28	-0.09
Accounts Payable	0.89	0.57	0.75	0.96	0.85	0.41	0.47	-0.21		0.69	0.84	0.81	0.49	0.69	0.57	0.3	0.56	0.89	0.46	0.12	0.87	0.97	0.73	0.45	0.63	0.82
Cash	0.69	0.32	0.5	0.7	0.84	0.36	0.09	-0.26	0.69		0.74	0.33	0.56	0.82	0.47	0.31	0.3	0.76	-0.12	-0.15	0.61	0.71	0.43	0.41	0.56	0.81
Non Current Assets Total	0.96	0.74	0.66	0.85	0.96	0.69	0.64	-0.1	0.84	0.74		0.67	0.74	0.88	0.74	0.53	0.75	0.96	0.16	-0.17	0.93	0.9	0.72	0.47	0.8	0.89
Non Currrent Assets Other	0.68	0.55	0.44	0.75	0.56	0.24	0.51	-0.17	0.81	0.33	0.67		0.38	0.39	0.48	0.22	0.53	0.71	0.43	0.17	0.7	0.74	0.61	0.43	0.49	0.57
Cash And Short Term Investments	0.72	0.86	0.28	0.55	0.65	0.88	0.72	0.1	0.49	0.56	0.74	0.38		0.57	0.83	0.68	0.83	0.74	0.04	-0.38	0.73	0.47	0.74	0.69	0.84	0.68
Net Receivables	0.83	0.51	0.65	0.68	0.93	0.53	0.38	0.0	0.69	0.82	0.88	0.39	0.57		0.63	0.42	0.55	0.83	-0.05	-0.28	0.76	0.8	0.53	0.22	0.7	0.87
Common Stock Total Equity	0.77	0.87	0.51	0.64	0.72	0.82	0.75	0.32	0.57	0.47	0.74	0.48	0.83	0.63		0.88	0.86	0.76	0.27	-0.3	0.78	0.59	0.86	0.66	0.95	0.63
Common Stock Shares Outstanding	0.54	0.68	0.34	0.42	0.55	0.72	0.59	0.36	0.3	0.31	0.53	0.22	0.68	0.42	0.88		0.65	0.51	0.18	-0.31	0.54	0.34	0.65	0.65	0.78	0.31
Non Current Liabilities Total	0.81	0.99	0.54	0.6	0.64	0.88	0.95	0.33	0.56	0.3	0.75	0.53	0.83	0.55	0.86	0.65		0.78	0.42	-0.35	0.86	0.58	0.9	0.49	0.86	0.63
Inventory	0.98	0.78	0.7	0.9	0.94	0.68	0.66	-0.01	0.89	0.76	0.96	0.71	0.74	0.83	0.76	0.51	0.78		0.31	-0.17	0.96	0.91	0.82	0.52	0.81	0.91
Other Current Assets	0.4	0.46	0.66	0.53	0.18	0.14	0.53	0.35	0.46	-0.12	0.16	0.43	0.04	-0.05	0.27	0.18	0.42	0.31		0.17	0.48	0.39	0.65	0.33	0.25	0.13
Other Stockholder Equity	-0.16	-0.32	0.02	0.09	-0.18	-0.42	-0.28	-0.61	0.12	-0.15	-0.17	0.17	-0.38	-0.28	-0.3	-0.31	-0.35	-0.17	0.17		-0.15	0.06	-0.19	-0.05	-0.46	-0.13
Total Liab	0.99	0.86	0.79	0.91	0.89	0.71	0.8	0.09	0.87	0.61	0.93	0.7	0.73	0.76	0.78	0.54	0.86	0.96	0.48	-0.15		0.89	0.89	0.55	0.82	0.85
Property Plant And Equipment Gross	0.92	0.57	0.82	0.95	0.91	0.44	0.48	-0.16	0.97	0.71	0.9	0.74	0.47	0.8	0.59	0.34	0.58	0.91	0.39	0.06	0.89		0.71	0.37	0.67	0.86
Total Current Assets	0.85	0.92	0.72	0.8	0.7	0.74	0.84	0.3	0.73	0.43	0.72	0.61	0.74	0.53	0.86	0.65	0.9	0.82	0.65	-0.19	0.89	0.71		0.64	0.86	0.67
Short Term Debt	0.53	0.61	0.3	0.61	0.46	0.49	0.5	0.16	0.45	0.41	0.47	0.43	0.69	0.22	0.66	0.65	0.49	0.52	0.33	-0.05	0.55	0.37	0.64		0.57	0.42
Common Stock	0.82	0.86	0.58	0.68	0.78	0.81	0.72	0.28	0.63	0.56	0.8	0.49	0.84	0.7	0.95	0.78	0.86	0.81	0.25	-0.46	0.82	0.67	0.86	0.57		0.69
Other Liab	0.88	0.63	0.62	0.81	0.87	0.59	0.5	-0.09	0.82	0.81	0.89	0.57	0.68	0.87	0.63	0.31	0.63	0.91	0.13	-0.13	0.85	0.86	0.67	0.42	0.69

Click cells to compare fundamentals

Ultrapar Participacoes Account Relationship Matchups

Ultrapar Participacoes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.2B	36.3B	39.0B	36.4B	38.3B	40.2B
Short Long Term Debt Total	16.0B	19.2B	17.7B	13.3B	13.3B	7.8B
Other Current Liab	1.1B	1.2B	3.5B	1.3B	2.5B	2.6B
Total Current Liabilities	5.2B	9.2B	12.6B	12.8B	11.2B	11.8B
Total Stockholder Equity	9.5B	9.5B	10.1B	11.7B	13.5B	14.2B
Property Plant And Equipment Net	9.6B	10.2B	7.2B	7.7B	8.1B	5.2B
Net Debt	13.9B	16.6B	15.4B	7.7B	7.4B	5.4B
Retained Earnings	4.3B	55.4M	4.9B	78.1M	134.0M	127.3M
Accounts Payable	2.7B	4.0B	5.7B	7.4B	5.7B	6.0B
Cash	2.1B	2.7B	2.3B	5.6B	5.9B	6.2B
Non Current Assets Total	16.1B	18.8B	14.0B	17.9B	19.6B	20.6B
Non Currrent Assets Other	3.5B	4.7B	4.3B	6.9B	3.0B	3.1B
Cash And Short Term Investments	5.2B	7.7B	4.1B	6.1B	6.2B	3.6B
Net Receivables	6.0B	3.9B	4.0B	4.9B	8.0B	8.4B
Common Stock Shares Outstanding	1.1B	1.1B	1.1B	1.1B	1.1B	1.0B
Liabilities And Stockholders Equity	31.2B	36.3B	39.0B	36.4B	38.3B	40.2B
Non Current Liabilities Total	16.2B	17.1B	15.9B	11.5B	13.0B	7.1B
Inventory	3.7B	3.8B	3.9B	4.9B	4.3B	4.5B
Other Current Assets	111.4M	2.1B	13.1B	2.6B	99.9M	94.9M
Other Stockholder Equity	(4.5B)	105.0M	108.1M	119.8M	(260.6M)	(273.6M)
Total Liab	21.4B	26.3B	28.5B	24.3B	24.2B	25.4B
Property Plant And Equipment Gross	9.6B	10.2B	13.8B	14.8B	15.8B	16.6B
Total Current Assets	15.1B	17.5B	25.0B	18.6B	18.6B	9.6B
Accumulated Other Comprehensive Income	4.5B	4.8B	5.3B	6.9B	7.1B	7.5B
Short Term Debt	1.3B	3.5B	3.1B	3.6B	2.3B	1.7B
Other Liab	1.5B	1.4B	1.2B	1.8B	2.1B	2.2B
Other Assets	16.1B	4.5B	3.4B	2.0B	17.2M	16.4M
Long Term Debt	13.3B	14.1B	13.5B	8.4B	9.8B	4.9B
Property Plant Equipment	9.5B	10.2B	7.2B	7.7B	8.8B	9.2B
Current Deferred Revenue	27.6M	18.3M	5.6M	1.1B	1.2B	1.3B
Short Term Investments	3.1B	5.0B	1.8B	520.4M	292.9M	278.3M
Intangible Assets	830.8M	850.8M	653.2M	1.0B	3.1B	3.2B
Long Term Investments	688.1M	1.1B	457.9M	554.2M	1.3B	1.3B
Short Long Term Debt	1.1B	3.3B	2.9B	3.4B	2.0B	2.3B
Net Tangible Assets	6.7B	6.5B	7.1B	8.2B	9.4B	6.1B
Long Term Debt Total	14.7B	15.7B	14.7B	9.7B	11.1B	11.9B

Pair Trading with Ultrapar Participacoes

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 Ultrapar Participacoes 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 Ultrapar Participacoes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ultrapar Stock

0.73

DINO

HF Sinclair Corp

Pair Corr

Moving against Ultrapar Stock

0.9	EE	Excelerate Energy	Pair Corr
0.86	BDCO	Blue Dolphin Energy	Pair Corr
0.83	AE	Adams Resources Energy	Pair Corr
0.79	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.68	AM	Antero Midstream Partners	Pair Corr

The ability to find closely correlated positions to Ultrapar Participacoes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrapar Participacoes 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 Ultrapar Participacoes - 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 Ultrapar Participacoes SA to buy it.

The correlation of Ultrapar Participacoes 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 Ultrapar Participacoes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrapar Participacoes 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 Ultrapar Participacoes 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.

Pair Correlation Correlation Matching

Additional Tools for Ultrapar Stock Analysis

When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' 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 Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.

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