Unitech Inventory vs Other Current Liab Analysis

UNITECH Stock   9.39  0.17  1.78%   
Unitech financial indicator trend analysis is much more than just breaking down Unitech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unitech Limited is a good investment. Please check the relationship between Unitech Inventory and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unitech 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 income.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unitech Limited Inventory account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Unitech's Inventory and Other Current Liab is -0.7. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Unitech Limited, assuming nothing else is changed. The correlation between historical values of Unitech's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Unitech Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Unitech's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Other Current Liab

Most indicators from Unitech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unitech Limited 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 Unitech 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 income.
The current Selling General Administrative is estimated to decrease to about 113.2 M. The Unitech's current Tax Provision is estimated to increase to about (170.8 M)
 2022 2023 2024 2025 (projected)
Interest Expense31.6B30.9B35.5B37.3B
Depreciation And Amortization60.5M61.9M55.7M52.9M

Unitech fundamental ratios Correlations

-0.48-0.34-0.68-0.270.560.290.35-0.340.54-0.17-0.440.26-0.02-0.19-0.160.35-0.030.410.340.250.54-0.3-0.36-0.520.29
-0.480.50.570.61-0.46-0.490.040.52-0.420.820.01-0.330.28-0.160.13-0.15-0.22-0.59-0.57-0.58-0.390.620.840.31-0.38
-0.340.50.470.52-0.46-0.03-0.351.0-0.470.390.63-0.11-0.150.47-0.04-0.060.0-0.36-0.19-0.15-0.030.550.370.63-0.04
-0.680.570.470.78-0.91-0.64-0.130.47-0.90.270.37-0.690.060.280.33-0.670.09-0.82-0.7-0.57-0.560.80.710.72-0.65
-0.270.610.520.78-0.89-0.790.160.53-0.880.350.18-0.840.250.260.46-0.730.08-0.91-0.83-0.53-0.511.00.880.43-0.79
0.56-0.46-0.46-0.91-0.890.77-0.02-0.461.0-0.16-0.380.85-0.2-0.36-0.450.85-0.170.920.810.470.63-0.89-0.74-0.550.82
0.29-0.49-0.03-0.64-0.790.77-0.34-0.060.75-0.220.220.94-0.380.06-0.550.83-0.130.910.880.580.65-0.76-0.85-0.140.95
0.350.04-0.35-0.130.16-0.02-0.34-0.31-0.020.19-0.59-0.280.56-0.20.32-0.20.22-0.26-0.32-0.080.020.10.24-0.44-0.36
-0.340.521.00.470.53-0.46-0.06-0.31-0.470.420.58-0.12-0.130.44-0.04-0.070.01-0.38-0.21-0.16-0.030.560.40.61-0.05
0.54-0.42-0.47-0.9-0.881.00.75-0.02-0.47-0.13-0.40.84-0.17-0.38-0.460.84-0.180.910.780.430.6-0.88-0.71-0.560.8
-0.170.820.390.270.35-0.16-0.220.190.42-0.13-0.11-0.030.33-0.38-0.150.19-0.41-0.32-0.3-0.27-0.170.360.590.09-0.09
-0.440.010.630.370.18-0.380.22-0.590.58-0.4-0.110.08-0.320.58-0.17-0.05-0.08-0.070.070.02-0.10.23-0.10.640.14
0.26-0.33-0.11-0.69-0.840.850.94-0.28-0.120.84-0.030.08-0.31-0.14-0.560.94-0.230.910.880.480.63-0.82-0.77-0.220.97
-0.020.28-0.150.060.25-0.2-0.380.56-0.13-0.170.33-0.32-0.310.080.21-0.270.39-0.29-0.42-0.13-0.380.230.37-0.44-0.46
-0.19-0.160.470.280.26-0.360.06-0.20.44-0.38-0.380.58-0.140.080.23-0.250.73-0.120.04-0.090.070.28-0.070.37-0.07
-0.160.13-0.040.330.46-0.45-0.550.32-0.04-0.46-0.15-0.17-0.560.210.23-0.560.39-0.48-0.45-0.27-0.240.450.39-0.04-0.56
0.35-0.15-0.06-0.67-0.730.850.83-0.2-0.070.840.19-0.050.94-0.27-0.25-0.56-0.310.830.840.310.66-0.71-0.6-0.220.94
-0.03-0.220.00.090.08-0.17-0.130.220.01-0.18-0.41-0.08-0.230.390.730.39-0.31-0.13-0.03-0.160.10.07-0.04-0.02-0.23
0.41-0.59-0.36-0.82-0.910.920.91-0.26-0.380.91-0.32-0.070.91-0.29-0.12-0.480.83-0.130.910.560.6-0.89-0.88-0.420.9
0.34-0.57-0.19-0.7-0.830.810.88-0.32-0.210.78-0.30.070.88-0.420.04-0.450.84-0.030.910.50.7-0.81-0.87-0.210.93
0.25-0.58-0.15-0.57-0.530.470.58-0.08-0.160.43-0.270.020.48-0.13-0.09-0.270.31-0.160.560.50.18-0.52-0.66-0.420.46
0.54-0.39-0.03-0.56-0.510.630.650.02-0.030.6-0.17-0.10.63-0.380.07-0.240.660.10.60.70.18-0.51-0.57-0.220.7
-0.30.620.550.81.0-0.89-0.760.10.56-0.880.360.23-0.820.230.280.45-0.710.07-0.89-0.81-0.52-0.510.870.45-0.76
-0.360.840.370.710.88-0.74-0.850.240.4-0.710.59-0.1-0.770.37-0.070.39-0.6-0.04-0.88-0.87-0.66-0.570.870.28-0.78
-0.520.310.630.720.43-0.55-0.14-0.440.61-0.560.090.64-0.22-0.440.37-0.04-0.22-0.02-0.42-0.21-0.42-0.220.450.28-0.11
0.29-0.38-0.04-0.65-0.790.820.95-0.36-0.050.8-0.090.140.97-0.46-0.07-0.560.94-0.230.90.930.460.7-0.76-0.78-0.11
Click cells to compare fundamentals

Unitech Account Relationship Matchups

Unitech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets258.8B267.3B268.9B265.2B305.0B289.4B
Short Long Term Debt Total41.6B71.3B71.7B73.9B84.9B67.0B
Other Current Liab169.5B158.6B133.1B212.8B244.7B256.9B
Total Current Liabilities216.8B245.6B278.8B313.3B360.3B190.1B
Total Stockholder Equity30.4B20.0B(8.5B)(41.9B)(37.8B)(35.9B)
Property Plant And Equipment Net2.8B2.8B2.6B2.6B2.3B2.2B
Current Deferred Revenue100.8B79.2B63.4B15.6B18.0B17.1B
Net Debt41.0B70.6B68.7B70.7B81.3B65.2B
Retained Earnings(35.2B)(45.3B)(68.9B)(107.1B)(96.4B)(91.6B)
Accounts Payable10.7B10.6B10.6B11.0B12.7B11.9B
Cash572.2M700.2M3.0B3.2B2.9B3.0B
Non Current Assets Total30.7B30.4B30.3B30.2B27.2B38.4B
Non Currrent Assets Other3.4B3.2B2.5B2.1B2.4B2.8B
Cash And Short Term Investments1.7B4.5B3.9B4.3B5.0B3.0B
Net Receivables165.7B174.6B19.0B171.9B197.7B109.4B
Short Term Investments1.1B3.8B940.2M1.2B1.3B1.3B
Liabilities And Stockholders Equity258.8B267.3B268.9B265.2B305.0B289.4B
Non Current Liabilities Total11.2B1.4B1.5B1.5B1.4B1.3B
Inventory28.4B28.4B27.8B29.1B26.2B27.8B
Other Current Assets31.3B28.4B27.8B29.7B26.7B25.4B
Other Stockholder Equity53.2B57.5B60.1B55.1B51.7B47.7B
Total Liab228.0B247.0B280.3B314.8B362.0B214.9B
Total Current Assets228.1B236.9B238.6B235.0B270.3B236.6B
Short Term Debt31.3B70.8B71.3B73.5B84.5B88.7B
Intangible Assets2.3M4.5M7.6M10.7M9.6M9.1M
Accumulated Other Comprehensive Income7.1B6.9B6.2B2.5B2.8B3.7B
Other Liab964.6M950.7M941.7M1.0B943.2M896.1M
Net Tangible Assets42.1B26.5B16.2B(12.4B)(11.2B)(10.6B)
Long Term Debt10.2B489.9M426.6M395.5M355.9M338.1M
Short Long Term Debt9.1B70.8B71.2B71.9B82.7B42.5B
Property Plant Equipment2.7B2.5B2.5B2.6B2.3B2.2B
Long Term Debt Total11.2B10.2B501.7M409.7M368.7M350.3M
Cash And Equivalents87.7M12.8M4.5B2.1B2.4B2.5B
Capital Lease Obligations18.0M23.0M30.5M17.2M19.7M21.4M
Non Current Liabilities Other(2.2B)166K946.3M1.0B1.2B1.2B
Net Invested Capital49.7B91.3B63.1B30.3B27.3B25.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Unitech Stock

Balance Sheet is a snapshot of the financial position of Unitech Limited at a specified time, usually calculated after every quarter, six months, or one year. Unitech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unitech 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 Unitech currently owns. An asset can also be divided into two categories, current and non-current.