Uniti Long Term Debt vs Intangible Assets Analysis

UNIT Stock  USD 6.11  0.21  3.56%   
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 Long Term Debt and its Intangible Assets 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniti Group Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Uniti's Long Term Debt and Intangible Assets is 0.87. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets 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 Long Term Debt 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 Long Term Debt of Uniti Group 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 Long Term Debt i.e., Uniti's Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Uniti Group has held for over one year. Long-term debt appears on Uniti Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Uniti Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit1.1B1.1B695.0M663.7M
Total Revenue1.1B1.1B1.1B769.0M

Uniti fundamental ratios Correlations

0.360.91-0.931.00.780.620.870.741.00.920.91-0.920.820.990.1-0.980.910.860.890.91-0.810.83-0.70.91-0.7
0.360.43-0.250.370.260.330.220.40.360.110.29-0.320.150.320.13-0.350.160.180.260.19-0.140.11-0.310.19-0.31
0.910.43-0.90.910.910.840.780.880.920.770.87-0.750.860.870.15-0.940.940.890.960.91-0.890.86-0.730.91-0.73
-0.93-0.25-0.9-0.93-0.75-0.72-0.79-0.83-0.95-0.88-0.760.88-0.93-0.95-0.290.96-0.93-0.92-0.91-0.930.93-0.750.71-0.930.71
1.00.370.91-0.930.780.620.870.750.990.910.91-0.920.830.990.1-0.980.910.870.890.91-0.810.83-0.70.91-0.7
0.780.260.91-0.750.780.760.560.750.790.690.8-0.650.730.73-0.18-0.820.820.760.870.78-0.770.91-0.450.79-0.45
0.620.330.84-0.720.620.760.470.810.670.530.52-0.490.670.60.43-0.70.740.680.760.66-0.790.55-0.610.66-0.61
0.870.220.78-0.790.870.560.470.670.860.780.85-0.730.780.860.24-0.850.860.850.830.89-0.760.7-0.840.89-0.84
0.740.40.88-0.830.750.750.810.670.780.550.64-0.590.90.740.35-0.790.850.890.910.87-0.90.63-0.750.86-0.75
1.00.360.92-0.950.990.790.670.860.780.920.87-0.910.840.990.15-0.980.920.880.90.91-0.830.81-0.70.92-0.7
0.920.110.77-0.880.910.690.530.780.550.920.77-0.90.70.940.05-0.880.810.740.750.78-0.70.75-0.490.79-0.49
0.910.290.87-0.760.910.80.520.850.640.870.77-0.750.740.85-0.09-0.90.870.80.850.86-0.730.9-0.690.87-0.69
-0.92-0.32-0.750.88-0.92-0.65-0.49-0.73-0.59-0.91-0.9-0.75-0.71-0.94-0.130.89-0.76-0.71-0.72-0.760.68-0.670.56-0.770.56
0.820.150.86-0.930.830.730.670.780.90.840.70.74-0.710.830.28-0.880.950.970.940.97-0.980.76-0.760.97-0.76
0.990.320.87-0.950.990.730.60.860.740.990.940.85-0.940.830.15-0.970.890.860.870.89-0.810.77-0.680.9-0.68
0.10.130.15-0.290.1-0.180.430.240.350.150.05-0.09-0.130.280.15-0.170.220.230.140.2-0.35-0.28-0.560.18-0.56
-0.98-0.35-0.940.96-0.98-0.82-0.7-0.85-0.79-0.98-0.88-0.90.89-0.88-0.97-0.17-0.94-0.89-0.92-0.930.88-0.840.74-0.940.74
0.910.160.94-0.930.910.820.740.860.850.920.810.87-0.760.950.890.22-0.940.970.980.99-0.960.86-0.780.99-0.78
0.860.180.89-0.920.870.760.680.850.890.880.740.8-0.710.970.860.23-0.890.970.980.99-0.950.81-0.780.98-0.78
0.890.260.96-0.910.890.870.760.830.910.90.750.85-0.720.940.870.14-0.920.980.980.98-0.950.87-0.750.98-0.75
0.910.190.91-0.930.910.780.660.890.870.910.780.86-0.760.970.890.2-0.930.990.990.98-0.950.84-0.81.0-0.8
-0.81-0.14-0.890.93-0.81-0.77-0.79-0.76-0.9-0.83-0.7-0.730.68-0.98-0.81-0.350.88-0.96-0.95-0.95-0.95-0.760.78-0.950.78
0.830.110.86-0.750.830.910.550.70.630.810.750.9-0.670.760.77-0.28-0.840.860.810.870.84-0.76-0.490.85-0.49
-0.7-0.31-0.730.71-0.7-0.45-0.61-0.84-0.75-0.7-0.49-0.690.56-0.76-0.68-0.560.74-0.78-0.78-0.75-0.80.78-0.49-0.781.0
0.910.190.91-0.930.910.790.660.890.860.920.790.87-0.770.970.90.18-0.940.990.980.981.0-0.950.85-0.78-0.78
-0.7-0.31-0.730.71-0.7-0.45-0.61-0.84-0.75-0.7-0.49-0.690.56-0.76-0.68-0.560.74-0.78-0.78-0.75-0.80.78-0.491.0-0.78
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Uniti Account Relationship Matchups

Uniti fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B4.7B4.8B4.9B5.0B3.6B
Other Current Liab43.4M55.8M350.5M372.4M(142.3M)(135.2M)
Total Current Liabilities1.4B1.7B1.6B1.7B1.3B920.6M
Total Stockholder Equity(1.6B)(2.1B)(2.1B)(2.3B)(2.5B)(2.4B)
Non Current Assets Total4.8B4.5B4.7B4.7B4.8B3.4B
Non Currrent Assets Other161.6M142.3M119.2M77.6M78.1M55.0M
Other Assets34.1M325.4M224.7M182.5M153.3M89.2M
Net Receivables80.0M76.1M79.8M111.2M137.3M74.1M
Common Stock Shares Outstanding187.4M203.6M264.1M235.6M236.4M204.3M
Total Liab6.5B6.8B6.9B7.1B7.5B5.0B
Total Current Assets222.8M246.9M138.7M155.0M268.2M162.1M
Intangible Assets532.0M390.7M364.6M334.8M305.1M276.7M
Common Stock18K19K23K24K21.6K20.5K
Other Liab1.1B1.0B1.6B1.6B1.8B1.9B
Liabilities And Stockholders Equity5.0B4.7B4.8B4.9B5.0B3.9B
Non Current Liabilities Total5.1B5.1B5.3B5.4B6.2B4.5B
Other Stockholder Equity(4.1B)1.2B1.2B1.2B1.2B1.3B
Net Tangible Assets(2.8B)(3.1B)(3.1B)(3.0B)(2.7B)(2.8B)
Short Long Term Debt Total5.1B5.4B5.1B5.3B5.6B5.3B
Property Plant And Equipment Net3.4B3.3B3.5B3.8B4.1B3.6B
Current Deferred Revenue1.1B995.1M1.1B1.2B1.3B886.9M
Noncontrolling Interest In Consolidated Entity92.4M83.7M69.2M14.0M16.1M15.3M
Net Debt4.9B4.8B5.0B5.2B5.6B5.2B
Retained Earnings(2.5B)(3.3B)(3.3B)(3.5B)(3.7B)(3.9B)
Accounts Payable227.1M146.1M86.9M122.2M119.3M113.0M
Cash142.8M77.5M58.9M43.8M62.3M70.9M
Long Term Debt5.0B4.8B5.1B5.2B5.5B5.2B
Cash And Short Term Investments142.8M77.5M58.9M43.8M62.3M70.9M
Good Will692.4M690.7M601.9M361.4M157.4M149.5M
Common Stock Total Equity17K18K19K23K26.5K20.4K
Retained Earnings Total Equity(2.4B)(2.5B)(3.3B)(3.3B)(3.0B)(3.2B)
Long Term Debt Total4.9B5.0B4.8B5.1B5.9B5.0B
Capital Surpluse757.5M951.3M1.2B1.2B1.4B773.1M
Other Current Assets(222.8M)(153.6M)(138.7M)(155.0M)68.6M72.0M
Deferred Long Term Liab778.7M1.1B1.0B1.1B1.3B769.5M
Accumulated Other Comprehensive Income(23.4M)(20.4M)(9.2M)(3.5B)(274K)(287.7K)

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