ULS Long Term Investments vs Total Current Assets Analysis

ULS Stock

54.04 0.92 1.73%

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 Long Term Investments and its Total Current 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.

Long Term Investments vs Total Current Assets

Long Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UL Solutions Long Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between UL Solutions' Long Term Investments and Total Current Assets is -0.92. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current 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' Long Term Investments and Total Current 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 Long Term Investments of UL Solutions are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., UL Solutions' Long Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of UL Solutions balance sheet that represents investments UL Solutions intends to hold for over a year. UL Solutions long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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

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ULS Long Term Investments vs Total Current Assets Analysis

Long Term Investments vs Total Current Assets

Long Term Investments vs Total Current Assets Correlation Analysis

Correlation Coefficient

Long Term Investments

Total Current Assets

UL Solutions fundamental ratios Correlations

UL Solutions Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for ULS Stock Analysis

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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