Uniti Total Stockholder Equity vs Accounts Payable 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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniti Group Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Uniti's Total Stockholder Equity and Accounts Payable is -0.75. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Uniti Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Uniti's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Uniti obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Uniti Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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