Uniti Common Stock vs Short Term Debt Analysis
UNIT Stock | USD 5.90 0.24 4.24% |
Uniti financial indicator trend analysis is much more than just breaking down Uniti Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uniti Group is a good investment. Please check the relationship between Uniti Common Stock and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uniti Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock vs Short Term Debt
Common Stock vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniti Group Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Uniti's Common Stock and Short Term Debt is -0.16. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Uniti Group, assuming nothing else is changed. The correlation between historical values of Uniti's Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Uniti Group are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., Uniti's Common Stock and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Short Term Debt
Most indicators from Uniti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uniti Group 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 Uniti Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2024, whereas Selling General Administrative is likely to drop slightly above 71.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.1B | 695.0M | 663.7M | Total Revenue | 1.1B | 1.1B | 1.1B | 769.0M |
Uniti fundamental ratios Correlations
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Uniti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uniti fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 4.7B | 4.8B | 4.9B | 5.0B | 3.6B | |
Other Current Liab | 43.4M | 55.8M | 350.5M | 372.4M | (142.3M) | (135.2M) | |
Total Current Liabilities | 1.4B | 1.7B | 1.6B | 1.7B | 1.3B | 920.6M | |
Total Stockholder Equity | (1.6B) | (2.1B) | (2.1B) | (2.3B) | (2.5B) | (2.4B) | |
Non Current Assets Total | 4.8B | 4.5B | 4.7B | 4.7B | 4.8B | 3.4B | |
Non Currrent Assets Other | 161.6M | 142.3M | 119.2M | 77.6M | 78.1M | 55.0M | |
Other Assets | 34.1M | 325.4M | 224.7M | 182.5M | 153.3M | 89.2M | |
Net Receivables | 80.0M | 76.1M | 79.8M | 111.2M | 137.3M | 74.1M | |
Common Stock Shares Outstanding | 187.4M | 203.6M | 264.1M | 235.6M | 236.4M | 204.3M | |
Total Liab | 6.5B | 6.8B | 6.9B | 7.1B | 7.5B | 5.0B | |
Total Current Assets | 222.8M | 246.9M | 138.7M | 155.0M | 268.2M | 162.1M | |
Intangible Assets | 532.0M | 390.7M | 364.6M | 334.8M | 305.1M | 276.7M | |
Common Stock | 18K | 19K | 23K | 24K | 21.6K | 20.5K | |
Other Liab | 1.1B | 1.0B | 1.6B | 1.6B | 1.8B | 1.9B | |
Liabilities And Stockholders Equity | 5.0B | 4.7B | 4.8B | 4.9B | 5.0B | 3.9B | |
Non Current Liabilities Total | 5.1B | 5.1B | 5.3B | 5.4B | 6.2B | 4.5B | |
Other Stockholder Equity | (4.1B) | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | |
Net Tangible Assets | (2.8B) | (3.1B) | (3.1B) | (3.0B) | (2.7B) | (2.8B) | |
Short Long Term Debt Total | 5.1B | 5.4B | 5.1B | 5.3B | 5.6B | 5.3B | |
Property Plant And Equipment Net | 3.4B | 3.3B | 3.5B | 3.8B | 4.1B | 3.6B | |
Current Deferred Revenue | 1.1B | 995.1M | 1.1B | 1.2B | 1.3B | 886.9M | |
Noncontrolling Interest In Consolidated Entity | 92.4M | 83.7M | 69.2M | 14.0M | 16.1M | 15.3M | |
Net Debt | 4.9B | 4.8B | 5.0B | 5.2B | 5.6B | 5.2B | |
Retained Earnings | (2.5B) | (3.3B) | (3.3B) | (3.5B) | (3.7B) | (3.9B) | |
Accounts Payable | 227.1M | 146.1M | 86.9M | 122.2M | 119.3M | 113.0M | |
Cash | 142.8M | 77.5M | 58.9M | 43.8M | 62.3M | 70.9M | |
Long Term Debt | 5.0B | 4.8B | 5.1B | 5.2B | 5.5B | 5.2B | |
Cash And Short Term Investments | 142.8M | 77.5M | 58.9M | 43.8M | 62.3M | 70.9M | |
Good Will | 692.4M | 690.7M | 601.9M | 361.4M | 157.4M | 149.5M | |
Common Stock Total Equity | 17K | 18K | 19K | 23K | 26.5K | 20.4K | |
Retained Earnings Total Equity | (2.4B) | (2.5B) | (3.3B) | (3.3B) | (3.0B) | (3.2B) | |
Long Term Debt Total | 4.9B | 5.0B | 4.8B | 5.1B | 5.9B | 5.0B | |
Capital Surpluse | 757.5M | 951.3M | 1.2B | 1.2B | 1.4B | 773.1M | |
Other Current Assets | (222.8M) | (153.6M) | (138.7M) | (155.0M) | 68.6M | 72.0M | |
Deferred Long Term Liab | 778.7M | 1.1B | 1.0B | 1.1B | 1.3B | 769.5M | |
Accumulated Other Comprehensive Income | (23.4M) | (20.4M) | (9.2M) | (3.5B) | (274K) | (287.7K) |
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Additional Tools for Uniti Stock Analysis
When running Uniti's price analysis, check to measure Uniti's 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 Uniti is operating at the current time. Most of Uniti's value examination focuses on studying past and present price action to predict the probability of Uniti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniti's price. Additionally, you may evaluate how the addition of Uniti to your portfolios can decrease your overall portfolio volatility.