ULS Capital Lease Obligations vs Intangible Assets 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 Capital Lease Obligations and its Intangible Assets 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.

Capital Lease Obligations vs Intangible Assets

Capital Lease Obligations vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Capital Lease Obligations account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between UL Solutions' Capital Lease Obligations and Intangible Assets is 0.59. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Intangible Assets 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' Capital Lease Obligations and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of UL Solutions are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Capital Lease Obligations i.e., UL Solutions' Capital Lease Obligations and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Capital Lease Obligations

UL Solutions capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to UL Solutions asset purchases. For example, UL Solutions can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as UL Solutions control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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 Expense	17M	35M	36.8M
Depreciation And Amortization	135M	154M	159.0M

Interest Expense Depreciation And Amortization

UL Solutions 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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Short Term Investments	Capital Lease Obligations
Total Assets		-0.89	0.78	-0.48	0.95	-0.91	-0.99	0.99	-0.65	0.91	0.76	0.68	0.89	-0.6	-0.88	0.79	-0.88	0.02	0.81	-0.91	0.93	0.67	-0.39	-0.9	0.77	-0.88
Short Long Term Debt Total	-0.89		-0.8	0.39	-0.99	0.89	0.92	-0.94	0.68	-0.9	-0.59	-0.68	-0.88	0.44	0.67	-0.64	0.99	-0.06	-0.79	0.99	-0.88	-0.57	0.16	0.89	-0.77	0.61
Other Current Liab	0.78	-0.8		-0.29	0.79	-0.95	-0.85	0.79	-0.46	0.74	0.48	0.32	0.76	-0.83	-0.55	0.85	-0.87	0.62	0.95	-0.86	0.79	0.51	-0.68	-0.94	0.95	-0.68
Total Current Liabilities	-0.48	0.39	-0.29		-0.4	0.52	0.43	-0.5	0.93	-0.1	-0.92	-0.86	-0.06	0.5	0.79	-0.65	0.32	0.06	-0.57	0.48	-0.13	-0.97	0.05	0.56	-0.56	0.65
Total Stockholder Equity	0.95	-0.99	0.79	-0.4		-0.9	-0.96	0.98	-0.66	0.94	0.64	0.69	0.92	-0.47	-0.75	0.67	-0.97	0.01	0.78	-0.98	0.93	0.59	-0.22	-0.89	0.75	-0.7
Property Plant And Equipment Net	-0.91	0.89	-0.95	0.52	-0.9		0.95	-0.93	0.68	-0.8	-0.71	-0.59	-0.8	0.8	0.77	-0.91	0.92	-0.38	-0.97	0.95	-0.84	-0.72	0.55	1.0	-0.96	0.82
Net Debt	-0.99	0.92	-0.85	0.43	-0.96	0.95		-0.99	0.63	-0.92	-0.71	-0.62	-0.91	0.64	0.82	-0.81	0.93	-0.13	-0.86	0.94	-0.95	-0.64	0.44	0.94	-0.83	0.84
Retained Earnings	0.99	-0.94	0.79	-0.5	0.98	-0.93	-0.99		-0.7	0.91	0.76	0.72	0.89	-0.57	-0.86	0.78	-0.92	0.02	0.83	-0.95	0.92	0.69	-0.32	-0.92	0.79	-0.84
Accounts Payable	-0.65	0.68	-0.46	0.93	-0.66	0.68	0.63	-0.7		-0.37	-0.9	-0.95	-0.33	0.45	0.82	-0.66	0.6	0.09	-0.68	0.73	-0.37	-0.95	-0.03	0.72	-0.67	0.65
Cash	0.91	-0.9	0.74	-0.1	0.94	-0.8	-0.92	0.91	-0.37		0.43	0.45	1.0	-0.37	-0.61	0.55	-0.91	-0.01	0.65	-0.86	0.99	0.32	-0.29	-0.77	0.61	-0.63
Non Current Assets Total	0.76	-0.59	0.48	-0.92	0.64	-0.71	-0.71	0.76	-0.9	0.43		0.88	0.39	-0.6	-0.97	0.79	-0.53	-0.09	0.71	-0.66	0.46	0.97	-0.23	-0.74	0.67	-0.88
Non Currrent Assets Other	0.68	-0.68	0.32	-0.86	0.69	-0.59	-0.62	0.72	-0.95	0.45	0.88		0.39	-0.24	-0.83	0.51	-0.58	-0.37	0.53	-0.69	0.42	0.87	0.21	-0.62	0.49	-0.62
Cash And Short Term Investments	0.89	-0.88	0.76	-0.06	0.92	-0.8	-0.91	0.89	-0.33	1.0	0.39	0.39		-0.39	-0.58	0.55	-0.91	0.05	0.65	-0.85	0.99	0.28	-0.33	-0.77	0.62	-0.61
Net Receivables	-0.6	0.44	-0.83	0.5	-0.47	0.8	0.64	-0.57	0.45	-0.37	-0.6	-0.24	-0.39		0.6	-0.95	0.51	-0.71	-0.89	0.56	-0.47	-0.64	0.87	0.8	-0.9	0.78
Good Will	-0.88	0.67	-0.55	0.79	-0.75	0.77	0.82	-0.86	0.82	-0.61	-0.97	-0.83	-0.58	0.6		-0.81	0.63	0.12	-0.72	0.72	-0.64	-0.88	0.3	0.78	-0.68	0.94
Common Stock Shares Outstanding	0.79	-0.64	0.85	-0.65	0.67	-0.91	-0.81	0.78	-0.66	0.55	0.79	0.51	0.55	-0.95	-0.81		-0.67	0.48	0.95	-0.74	0.63	0.8	-0.73	-0.92	0.94	-0.91
Non Current Liabilities Total	-0.88	0.99	-0.87	0.32	-0.97	0.92	0.93	-0.92	0.6	-0.91	-0.53	-0.58	-0.91	0.51	0.63	-0.67		-0.19	-0.83	0.99	-0.9	-0.52	0.28	0.91	-0.81	0.61
Other Current Assets	0.02	-0.06	0.62	0.06	0.01	-0.38	-0.13	0.02	0.09	-0.01	-0.09	-0.37	0.05	-0.71	0.12	0.48	-0.19		0.53	-0.16	0.08	0.05	-0.78	-0.38	0.58	-0.13
Other Stockholder Equity	0.81	-0.79	0.95	-0.57	0.78	-0.97	-0.86	0.83	-0.68	0.65	0.71	0.53	0.65	-0.89	-0.72	0.95	-0.83	0.53		-0.87	0.7	0.75	-0.63	-0.98	1.0	-0.8
Total Liab	-0.91	0.99	-0.86	0.48	-0.98	0.95	0.94	-0.95	0.73	-0.86	-0.66	-0.69	-0.85	0.56	0.72	-0.74	0.99	-0.16	-0.87		-0.86	-0.66	0.27	0.94	-0.85	0.68
Total Current Assets	0.93	-0.88	0.79	-0.13	0.93	-0.84	-0.95	0.92	-0.37	0.99	0.46	0.42	0.99	-0.47	-0.64	0.63	-0.9	0.08	0.7	-0.86		0.35	-0.4	-0.81	0.67	-0.69
Short Term Debt	0.67	-0.57	0.51	-0.97	0.59	-0.72	-0.64	0.69	-0.95	0.32	0.97	0.87	0.28	-0.64	-0.88	0.8	-0.52	0.05	0.75	-0.66	0.35		-0.22	-0.75	0.73	-0.79
Intangible Assets	-0.39	0.16	-0.68	0.05	-0.22	0.55	0.44	-0.32	-0.03	-0.29	-0.23	0.21	-0.33	0.87	0.3	-0.73	0.28	-0.78	-0.63	0.27	-0.4	-0.22		0.53	-0.64	0.59
Current Deferred Revenue	-0.9	0.89	-0.94	0.56	-0.89	1.0	0.94	-0.92	0.72	-0.77	-0.74	-0.62	-0.77	0.8	0.78	-0.92	0.91	-0.38	-0.98	0.94	-0.81	-0.75	0.53		-0.97	0.82
Short Term Investments	0.77	-0.77	0.95	-0.56	0.75	-0.96	-0.83	0.79	-0.67	0.61	0.67	0.49	0.62	-0.9	-0.68	0.94	-0.81	0.58	1.0	-0.85	0.67	0.73	-0.64	-0.97		-0.76
Capital Lease Obligations	-0.88	0.61	-0.68	0.65	-0.7	0.82	0.84	-0.84	0.65	-0.63	-0.88	-0.62	-0.61	0.78	0.94	-0.91	0.61	-0.13	-0.8	0.68	-0.69	-0.79	0.59	0.82	-0.76

Click cells to compare fundamentals

UL Solutions Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ULS Capital Lease Obligations vs Intangible Assets Analysis

Capital Lease Obligations vs Intangible Assets

Capital Lease Obligations vs Intangible Assets Correlation Analysis

Correlation Coefficient

Capital Lease Obligations

Intangible Assets

UL Solutions fundamental ratios Correlations

UL Solutions Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for ULS Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Term Investments	+ 1.0	Other Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Retained Earnings	- 0.99	Net Debt
Total Stockholder Equity	- 0.99	Short Long Term Debt Total
Net Debt	- 0.99	Total Assets
Current Deferred Revenue	- 0.98	Other Stockholder Equity
Total Liab	- 0.98	Total Stockholder Equity
Short Term Investments	- 0.97	Current Deferred Revenue