ULS Accounts Payable vs Net Working Capital Analysis

ULS Stock   53.65  0.73  1.34%   
UL Solutions financial indicator trend analysis is much more than just breaking down UL Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UL Solutions is a good investment. Please check the relationship between UL Solutions Accounts Payable and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between UL Solutions' Accounts Payable and Net Working Capital is -0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of UL Solutions, assuming nothing else is changed. The correlation between historical values of UL Solutions' Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of UL Solutions are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., UL Solutions' Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents UL Solutions 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 UL Solutions 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.

Net Working Capital

Most indicators from UL Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UL Solutions 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 UL Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy ULS Stock please use our How to Invest in UL Solutions guide.At this time, UL Solutions' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.01 in 2024, whereas Tax Provision is likely to drop slightly above 66 M in 2024.
 2022 2023 2024 (projected)
Interest Expense17M35M36.8M
Depreciation And Amortization135M154M159.0M

UL Solutions fundamental ratios Correlations

-0.890.78-0.480.95-0.91-0.990.99-0.650.910.760.680.89-0.6-0.880.79-0.880.020.81-0.910.930.67-0.39-0.90.77-0.88
-0.89-0.80.39-0.990.890.92-0.940.68-0.9-0.59-0.68-0.880.440.67-0.640.99-0.06-0.790.99-0.88-0.570.160.89-0.770.61
0.78-0.8-0.290.79-0.95-0.850.79-0.460.740.480.320.76-0.83-0.550.85-0.870.620.95-0.860.790.51-0.68-0.940.95-0.68
-0.480.39-0.29-0.40.520.43-0.50.93-0.1-0.92-0.86-0.060.50.79-0.650.320.06-0.570.48-0.13-0.970.050.56-0.560.65
0.95-0.990.79-0.4-0.9-0.960.98-0.660.940.640.690.92-0.47-0.750.67-0.970.010.78-0.980.930.59-0.22-0.890.75-0.7
-0.910.89-0.950.52-0.90.95-0.930.68-0.8-0.71-0.59-0.80.80.77-0.910.92-0.38-0.970.95-0.84-0.720.551.0-0.960.82
-0.990.92-0.850.43-0.960.95-0.990.63-0.92-0.71-0.62-0.910.640.82-0.810.93-0.13-0.860.94-0.95-0.640.440.94-0.830.84
0.99-0.940.79-0.50.98-0.93-0.99-0.70.910.760.720.89-0.57-0.860.78-0.920.020.83-0.950.920.69-0.32-0.920.79-0.84
-0.650.68-0.460.93-0.660.680.63-0.7-0.37-0.9-0.95-0.330.450.82-0.660.60.09-0.680.73-0.37-0.95-0.030.72-0.670.65
0.91-0.90.74-0.10.94-0.8-0.920.91-0.370.430.451.0-0.37-0.610.55-0.91-0.010.65-0.860.990.32-0.29-0.770.61-0.63
0.76-0.590.48-0.920.64-0.71-0.710.76-0.90.430.880.39-0.6-0.970.79-0.53-0.090.71-0.660.460.97-0.23-0.740.67-0.88
0.68-0.680.32-0.860.69-0.59-0.620.72-0.950.450.880.39-0.24-0.830.51-0.58-0.370.53-0.690.420.870.21-0.620.49-0.62
0.89-0.880.76-0.060.92-0.8-0.910.89-0.331.00.390.39-0.39-0.580.55-0.910.050.65-0.850.990.28-0.33-0.770.62-0.61
-0.60.44-0.830.5-0.470.80.64-0.570.45-0.37-0.6-0.24-0.390.6-0.950.51-0.71-0.890.56-0.47-0.640.870.8-0.90.78
-0.880.67-0.550.79-0.750.770.82-0.860.82-0.61-0.97-0.83-0.580.6-0.810.630.12-0.720.72-0.64-0.880.30.78-0.680.94
0.79-0.640.85-0.650.67-0.91-0.810.78-0.660.550.790.510.55-0.95-0.81-0.670.480.95-0.740.630.8-0.73-0.920.94-0.91
-0.880.99-0.870.32-0.970.920.93-0.920.6-0.91-0.53-0.58-0.910.510.63-0.67-0.19-0.830.99-0.9-0.520.280.91-0.810.61
0.02-0.060.620.060.01-0.38-0.130.020.09-0.01-0.09-0.370.05-0.710.120.48-0.190.53-0.160.080.05-0.78-0.380.58-0.13
0.81-0.790.95-0.570.78-0.97-0.860.83-0.680.650.710.530.65-0.89-0.720.95-0.830.53-0.870.70.75-0.63-0.981.0-0.8
-0.910.99-0.860.48-0.980.950.94-0.950.73-0.86-0.66-0.69-0.850.560.72-0.740.99-0.16-0.87-0.86-0.660.270.94-0.850.68
0.93-0.880.79-0.130.93-0.84-0.950.92-0.370.990.460.420.99-0.47-0.640.63-0.90.080.7-0.860.35-0.4-0.810.67-0.69
0.67-0.570.51-0.970.59-0.72-0.640.69-0.950.320.970.870.28-0.64-0.880.8-0.520.050.75-0.660.35-0.22-0.750.73-0.79
-0.390.16-0.680.05-0.220.550.44-0.32-0.03-0.29-0.230.21-0.330.870.3-0.730.28-0.78-0.630.27-0.4-0.220.53-0.640.59
-0.90.89-0.940.56-0.891.00.94-0.920.72-0.77-0.74-0.62-0.770.80.78-0.920.91-0.38-0.980.94-0.81-0.750.53-0.970.82
0.77-0.770.95-0.560.75-0.96-0.830.79-0.670.610.670.490.62-0.9-0.680.94-0.810.581.0-0.850.670.73-0.64-0.97-0.76
-0.880.61-0.680.65-0.70.820.84-0.840.65-0.63-0.88-0.62-0.610.780.94-0.910.61-0.13-0.80.68-0.69-0.790.590.82-0.76
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UL Solutions Account Relationship Matchups

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Additional Tools for ULS Stock Analysis

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