ULS Gross Profit Margin vs Total Current Liabilities Analysis
ULS Stock | 53.73 0.20 0.37% |
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 Gross Profit Margin and its Total Current Liabilities 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.
Gross Profit Margin vs Total Current Liabilities
Gross Profit Margin vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Gross Profit Margin account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UL Solutions' Gross Profit Margin and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Total Current Liabilities 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' Gross Profit Margin and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of UL Solutions are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Gross Profit Margin i.e., UL Solutions' Gross Profit Margin and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit Margin
Total Current Liabilities
Total Current Liabilities is an item on UL Solutions balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of UL Solutions are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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.Sales General And Administrative To Revenue is likely to gain to 0.01 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.6 M in 2024.
2022 | 2023 | 2024 (projected) | Interest Expense | 17M | 35M | 36.8M | Depreciation And Amortization | 135M | 154M | 159.0M |
UL Solutions fundamental ratios Correlations
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UL Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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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.