Unisync Cash vs Intangible Assets Analysis
UNI Stock | CAD 1.61 0.01 0.63% |
Unisync Corp financial indicator trend analysis is much more than just breaking down Unisync Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisync Corp is a good investment. Please check the relationship between Unisync Corp Cash and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unisync Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Intangible Assets
Cash vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unisync Corp Cash account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Unisync Corp's Cash and Intangible Assets is -0.19. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Unisync Corp, assuming nothing else is changed. The correlation between historical values of Unisync Corp's Cash 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 Cash of Unisync Corp 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 Cash i.e., Unisync Corp's Cash and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Unisync Corp, which is listed under current asset account on Unisync Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Unisync Corp customers. The amounts must be unrestricted with restricted cash listed in a different Unisync Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Unisync Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisync Corp 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 Unisync Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Unisync Corp's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.10, though Tax Provision is likely to grow to (2.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.7M | 3.5M | 4.0M | 4.2M | Depreciation And Amortization | 4.0M | 4.9M | 5.6M | 5.9M |
Unisync Corp fundamental ratios Correlations
Click cells to compare fundamentals
Unisync Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unisync Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 87.2M | 88.0M | 104.4M | 109.4M | 125.8M | 132.1M | |
Total Current Liabilities | 43.7M | 37.7M | 58.0M | 75.5M | 86.9M | 91.2M | |
Total Stockholder Equity | 31.2M | 29.4M | 28.4M | 19.1M | 22.0M | 15.0M | |
Property Plant And Equipment Net | 16.9M | 18.3M | 16.4M | 22.3M | 25.7M | 27.0M | |
Current Deferred Revenue | 8.3M | 12.4M | 16.7M | 13.7M | 15.8M | 9.9M | |
Net Debt | 37.7M | 39.6M | 45.2M | 59.2M | 68.1M | 71.5M | |
Retained Earnings | (61.8K) | (2.9M) | (4.3M) | (13.6M) | (15.6M) | (16.4M) | |
Accounts Payable | 3.9M | 5.0M | 12.6M | 15.9M | 18.3M | 19.2M | |
Cash | 221.6K | 275.5K | 97.3K | 2.2K | 1.9K | 1.8K | |
Non Current Assets Total | 33.9M | 35.6M | 32.2M | 39.7M | 45.6M | 47.9M | |
Cash And Short Term Investments | 221.6K | 275.5K | 97.3K | 2.2K | 1.9K | 1.8K | |
Net Receivables | 8.7M | 11.7M | 13.3M | 13.1M | 15.0M | 15.8M | |
Common Stock Shares Outstanding | 18.4M | 18.9M | 19.0M | 19.0M | 21.9M | 12.4M | |
Liabilities And Stockholders Equity | 87.2M | 88.0M | 104.4M | 109.4M | 125.8M | 132.1M | |
Non Current Liabilities Total | 12.3M | 21.0M | 18.0M | 14.9M | 17.1M | 18.0M | |
Other Stockholder Equity | 1.7M | 1.7M | 1.9M | 2.3M | 2.0M | 1.9M | |
Total Liab | 56.0M | 58.7M | 76.1M | 90.4M | 104.0M | 109.2M | |
Property Plant And Equipment Gross | 16.9M | 25.3M | 25.7M | 33.5M | 38.6M | 40.5M | |
Total Current Assets | 53.3M | 52.4M | 72.1M | 69.7M | 80.2M | 84.2M | |
Accumulated Other Comprehensive Income | (2.8M) | 1.7M | 1.9M | 2.3M | 2.6M | 2.7M | |
Other Current Liab | 3.9M | 6.0M | 12.4M | 1.5M | 1.7M | 1.6M | |
Short Long Term Debt Total | 37.9M | 39.8M | 45.3M | 59.2M | 68.1M | 71.5M | |
Inventory | 39.5M | 36.2M | 56.2M | 53.8M | 61.8M | 64.9M | |
Other Current Assets | 4.9M | 4.2M | 2.5M | 2.9M | 3.3M | 3.2M | |
Short Term Debt | 25.6M | 20.3M | 27.3M | 44.4M | 51.0M | 53.6M | |
Intangible Assets | 9.3M | 8.7M | 7.3M | 5.4M | 6.2M | 5.0M | |
Common Stock | 26.4M | 29.6M | 30.4M | 30.4M | 27.4M | 21.4M | |
Net Tangible Assets | 13.8M | 15.5M | 14.3M | 14.7M | 16.9M | 13.9M | |
Other Assets | 758.0K | 1.3M | 2.3M | 2.2M | 1.9M | 1.6M | |
Long Term Debt | 5.5M | 4.7M | 9.6M | 9.3M | 10.7M | 11.3M | |
Long Term Debt Total | 5.5M | 12.3M | 19.5M | 18.0M | 20.7M | 21.8M | |
Short Long Term Debt | 28.8M | 19.3M | 26.0M | 42.8M | 49.2M | 51.7M | |
Property Plant Equipment | 8.7M | 16.9M | 18.3M | 16.4M | 18.8M | 10.5M | |
Net Invested Capital | 60.2M | 58.2M | 63.7M | 61.9M | 71.2M | 59.6M | |
Net Working Capital | 9.5M | 14.7M | 14.1M | (5.8M) | (5.2M) | (4.9M) | |
Capital Stock | 26.4M | 29.6M | 30.4M | 30.4M | 35.0M | 29.2M |
Pair Trading with Unisync Corp
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 Unisync Corp 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 Unisync Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Unisync Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unisync Corp 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 Unisync Corp - 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 Unisync Corp to buy it.
The correlation of Unisync Corp 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 Unisync Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unisync Corp 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 Unisync Corp 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.Other Information on Investing in Unisync Stock
Balance Sheet is a snapshot of the financial position of Unisync Corp at a specified time, usually calculated after every quarter, six months, or one year. Unisync Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unisync Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Unisync currently owns. An asset can also be divided into two categories, current and non-current.