United Other Stockholder Equity vs Long Term Debt Analysis
UNITDSPR | 1,529 26.35 1.75% |
United Spirits financial indicator trend analysis is much more than just breaking down United Spirits prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Spirits is a good investment. Please check the relationship between United Spirits Other Stockholder Equity and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Spirits Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Other Stockholder Equity vs Long Term Debt
Other Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Other Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between United Spirits' Other Stockholder Equity and Long Term Debt is -0.82. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of United Spirits Limited, assuming nothing else is changed. The correlation between historical values of United Spirits' Other Stockholder Equity and Long 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 Other Stockholder Equity of United Spirits Limited are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Stockholder Equity i.e., United Spirits' Other Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Stockholder Equity
Long Term Debt
Long-term debt is a debt that United Spirits has held for over one year. Long-term debt appears on United Spirits Limited 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 United Spirits Limited 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.Most indicators from United Spirits' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Spirits 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 United Spirits Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. As of 11/30/2024, Selling General Administrative is likely to grow to about 2.6 B, while Tax Provision is likely to drop slightly above 2.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 880M | 1.0B | 760M | 1.1B | Depreciation And Amortization | 3.0B | 2.8B | 2.8B | 3.0B |
United Spirits fundamental ratios Correlations
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United Spirits Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running United Spirits' price analysis, check to measure United Spirits' 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 United Spirits is operating at the current time. Most of United Spirits' value examination focuses on studying past and present price action to predict the probability of United Spirits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Spirits' price. Additionally, you may evaluate how the addition of United Spirits to your portfolios can decrease your overall portfolio volatility.