Unitech Non Current Assets Total vs Other Current Assets 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 Non Current Assets Total and its Other Current Assets 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.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unitech Limited Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Unitech's Non Current Assets Total and Other Current Assets is 0.48. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets 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 Non Current Assets Total and Other Current 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 Non Current Assets Total of Unitech Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Unitech's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 Expense	31.6B	30.9B	35.5B	37.3B
Depreciation And Amortization	60.5M	61.9M	55.7M	52.9M

Interest Expense Depreciation And Amortization

Unitech fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		-0.48	-0.34	-0.68	-0.27	0.56	0.29	0.35	-0.34	0.54	-0.17	-0.44	0.26	-0.02	-0.19	-0.16	0.35	-0.03	0.41	0.34	0.25	0.54	-0.3	-0.36	-0.52	0.29
Total Assets	-0.48		0.5	0.57	0.61	-0.46	-0.49	0.04	0.52	-0.42	0.82	0.01	-0.33	0.28	-0.16	0.13	-0.15	-0.22	-0.59	-0.57	-0.58	-0.39	0.62	0.84	0.31	-0.38
Short Long Term Debt Total	-0.34	0.5		0.47	0.52	-0.46	-0.03	-0.35	1.0	-0.47	0.39	0.63	-0.11	-0.15	0.47	-0.04	-0.06	0.0	-0.36	-0.19	-0.15	-0.03	0.55	0.37	0.63	-0.04
Other Current Liab	-0.68	0.57	0.47		0.78	-0.91	-0.64	-0.13	0.47	-0.9	0.27	0.37	-0.69	0.06	0.28	0.33	-0.67	0.09	-0.82	-0.7	-0.57	-0.56	0.8	0.71	0.72	-0.65
Total Current Liabilities	-0.27	0.61	0.52	0.78		-0.89	-0.79	0.16	0.53	-0.88	0.35	0.18	-0.84	0.25	0.26	0.46	-0.73	0.08	-0.91	-0.83	-0.53	-0.51	1.0	0.88	0.43	-0.79
Total Stockholder Equity	0.56	-0.46	-0.46	-0.91	-0.89		0.77	-0.02	-0.46	1.0	-0.16	-0.38	0.85	-0.2	-0.36	-0.45	0.85	-0.17	0.92	0.81	0.47	0.63	-0.89	-0.74	-0.55	0.82
Property Plant And Equipment Net	0.29	-0.49	-0.03	-0.64	-0.79	0.77		-0.34	-0.06	0.75	-0.22	0.22	0.94	-0.38	0.06	-0.55	0.83	-0.13	0.91	0.88	0.58	0.65	-0.76	-0.85	-0.14	0.95
Current Deferred Revenue	0.35	0.04	-0.35	-0.13	0.16	-0.02	-0.34		-0.31	-0.02	0.19	-0.59	-0.28	0.56	-0.2	0.32	-0.2	0.22	-0.26	-0.32	-0.08	0.02	0.1	0.24	-0.44	-0.36
Net Debt	-0.34	0.52	1.0	0.47	0.53	-0.46	-0.06	-0.31		-0.47	0.42	0.58	-0.12	-0.13	0.44	-0.04	-0.07	0.01	-0.38	-0.21	-0.16	-0.03	0.56	0.4	0.61	-0.05
Retained Earnings	0.54	-0.42	-0.47	-0.9	-0.88	1.0	0.75	-0.02	-0.47		-0.13	-0.4	0.84	-0.17	-0.38	-0.46	0.84	-0.18	0.91	0.78	0.43	0.6	-0.88	-0.71	-0.56	0.8
Accounts Payable	-0.17	0.82	0.39	0.27	0.35	-0.16	-0.22	0.19	0.42	-0.13		-0.11	-0.03	0.33	-0.38	-0.15	0.19	-0.41	-0.32	-0.3	-0.27	-0.17	0.36	0.59	0.09	-0.09
Cash	-0.44	0.01	0.63	0.37	0.18	-0.38	0.22	-0.59	0.58	-0.4	-0.11		0.08	-0.32	0.58	-0.17	-0.05	-0.08	-0.07	0.07	0.02	-0.1	0.23	-0.1	0.64	0.14
Non Current Assets Total	0.26	-0.33	-0.11	-0.69	-0.84	0.85	0.94	-0.28	-0.12	0.84	-0.03	0.08		-0.31	-0.14	-0.56	0.94	-0.23	0.91	0.88	0.48	0.63	-0.82	-0.77	-0.22	0.97
Non Currrent Assets Other	-0.02	0.28	-0.15	0.06	0.25	-0.2	-0.38	0.56	-0.13	-0.17	0.33	-0.32	-0.31		0.08	0.21	-0.27	0.39	-0.29	-0.42	-0.13	-0.38	0.23	0.37	-0.44	-0.46
Cash And Short Term Investments	-0.19	-0.16	0.47	0.28	0.26	-0.36	0.06	-0.2	0.44	-0.38	-0.38	0.58	-0.14	0.08		0.23	-0.25	0.73	-0.12	0.04	-0.09	0.07	0.28	-0.07	0.37	-0.07
Net Receivables	-0.16	0.13	-0.04	0.33	0.46	-0.45	-0.55	0.32	-0.04	-0.46	-0.15	-0.17	-0.56	0.21	0.23		-0.56	0.39	-0.48	-0.45	-0.27	-0.24	0.45	0.39	-0.04	-0.56
Good Will	0.35	-0.15	-0.06	-0.67	-0.73	0.85	0.83	-0.2	-0.07	0.84	0.19	-0.05	0.94	-0.27	-0.25	-0.56		-0.31	0.83	0.84	0.31	0.66	-0.71	-0.6	-0.22	0.94
Short Term Investments	-0.03	-0.22	0.0	0.09	0.08	-0.17	-0.13	0.22	0.01	-0.18	-0.41	-0.08	-0.23	0.39	0.73	0.39	-0.31		-0.13	-0.03	-0.16	0.1	0.07	-0.04	-0.02	-0.23
Non Current Liabilities Total	0.41	-0.59	-0.36	-0.82	-0.91	0.92	0.91	-0.26	-0.38	0.91	-0.32	-0.07	0.91	-0.29	-0.12	-0.48	0.83	-0.13		0.91	0.56	0.6	-0.89	-0.88	-0.42	0.9
Inventory	0.34	-0.57	-0.19	-0.7	-0.83	0.81	0.88	-0.32	-0.21	0.78	-0.3	0.07	0.88	-0.42	0.04	-0.45	0.84	-0.03	0.91		0.5	0.7	-0.81	-0.87	-0.21	0.93
Other Current Assets	0.25	-0.58	-0.15	-0.57	-0.53	0.47	0.58	-0.08	-0.16	0.43	-0.27	0.02	0.48	-0.13	-0.09	-0.27	0.31	-0.16	0.56	0.5		0.18	-0.52	-0.66	-0.42	0.46
Other Stockholder Equity	0.54	-0.39	-0.03	-0.56	-0.51	0.63	0.65	0.02	-0.03	0.6	-0.17	-0.1	0.63	-0.38	0.07	-0.24	0.66	0.1	0.6	0.7	0.18		-0.51	-0.57	-0.22	0.7
Total Liab	-0.3	0.62	0.55	0.8	1.0	-0.89	-0.76	0.1	0.56	-0.88	0.36	0.23	-0.82	0.23	0.28	0.45	-0.71	0.07	-0.89	-0.81	-0.52	-0.51		0.87	0.45	-0.76
Total Current Assets	-0.36	0.84	0.37	0.71	0.88	-0.74	-0.85	0.24	0.4	-0.71	0.59	-0.1	-0.77	0.37	-0.07	0.39	-0.6	-0.04	-0.88	-0.87	-0.66	-0.57	0.87		0.28	-0.78
Short Term Debt	-0.52	0.31	0.63	0.72	0.43	-0.55	-0.14	-0.44	0.61	-0.56	0.09	0.64	-0.22	-0.44	0.37	-0.04	-0.22	-0.02	-0.42	-0.21	-0.42	-0.22	0.45	0.28		-0.11
Intangible Assets	0.29	-0.38	-0.04	-0.65	-0.79	0.82	0.95	-0.36	-0.05	0.8	-0.09	0.14	0.97	-0.46	-0.07	-0.56	0.94	-0.23	0.9	0.93	0.46	0.7	-0.76	-0.78	-0.11

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Unitech Account Relationship Matchups

Unitech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	258.8B	267.3B	268.9B	265.2B	305.0B	289.4B
Short Long Term Debt Total	41.6B	71.3B	71.7B	73.9B	84.9B	67.0B
Other Current Liab	169.5B	158.6B	133.1B	212.8B	244.7B	256.9B
Total Current Liabilities	216.8B	245.6B	278.8B	313.3B	360.3B	190.1B
Total Stockholder Equity	30.4B	20.0B	(8.5B)	(41.9B)	(37.8B)	(35.9B)
Property Plant And Equipment Net	2.8B	2.8B	2.6B	2.6B	2.3B	2.2B
Current Deferred Revenue	100.8B	79.2B	63.4B	15.6B	18.0B	17.1B
Net Debt	41.0B	70.6B	68.7B	70.7B	81.3B	65.2B
Retained Earnings	(35.2B)	(45.3B)	(68.9B)	(107.1B)	(96.4B)	(91.6B)
Accounts Payable	10.7B	10.6B	10.6B	11.0B	12.7B	11.9B
Cash	572.2M	700.2M	3.0B	3.2B	2.9B	3.0B
Non Current Assets Total	30.7B	30.4B	30.3B	30.2B	27.2B	38.4B
Non Currrent Assets Other	3.4B	3.2B	2.5B	2.1B	2.4B	2.8B
Cash And Short Term Investments	1.7B	4.5B	3.9B	4.3B	5.0B	3.0B
Net Receivables	165.7B	174.6B	19.0B	171.9B	197.7B	109.4B
Short Term Investments	1.1B	3.8B	940.2M	1.2B	1.3B	1.3B
Liabilities And Stockholders Equity	258.8B	267.3B	268.9B	265.2B	305.0B	289.4B
Non Current Liabilities Total	11.2B	1.4B	1.5B	1.5B	1.4B	1.3B
Inventory	28.4B	28.4B	27.8B	29.1B	26.2B	27.8B
Other Current Assets	31.3B	28.4B	27.8B	29.7B	26.7B	25.4B
Other Stockholder Equity	53.2B	57.5B	60.1B	55.1B	51.7B	47.7B
Total Liab	228.0B	247.0B	280.3B	314.8B	362.0B	214.9B
Total Current Assets	228.1B	236.9B	238.6B	235.0B	270.3B	236.6B
Short Term Debt	31.3B	70.8B	71.3B	73.5B	84.5B	88.7B
Intangible Assets	2.3M	4.5M	7.6M	10.7M	9.6M	9.1M
Accumulated Other Comprehensive Income	7.1B	6.9B	6.2B	2.5B	2.8B	3.7B
Other Liab	964.6M	950.7M	941.7M	1.0B	943.2M	896.1M
Net Tangible Assets	42.1B	26.5B	16.2B	(12.4B)	(11.2B)	(10.6B)
Long Term Debt	10.2B	489.9M	426.6M	395.5M	355.9M	338.1M
Short Long Term Debt	9.1B	70.8B	71.2B	71.9B	82.7B	42.5B
Property Plant Equipment	2.7B	2.5B	2.5B	2.6B	2.3B	2.2B
Long Term Debt Total	11.2B	10.2B	501.7M	409.7M	368.7M	350.3M
Cash And Equivalents	87.7M	12.8M	4.5B	2.1B	2.4B	2.5B
Capital Lease Obligations	18.0M	23.0M	30.5M	17.2M	19.7M	21.4M
Non Current Liabilities Other	(2.2B)	166K	946.3M	1.0B	1.2B	1.2B
Net Invested Capital	49.7B	91.3B	63.1B	30.3B	27.3B	25.9B

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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.

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Unitech Non Current Assets Total vs Other Current Assets Analysis

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Other Current Assets

Unitech fundamental ratios Correlations

Unitech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unitech fundamental ratios Accounts

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Other Information on Investing in Unitech Stock

COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 0.97	Non Current Assets Total
Intangible Assets	+ 0.95	Property Plant And Equipment Net
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net

Non Current Liabilities Total	- 0.91	Total Current Liabilities
Total Stockholder Equity	- 0.91	Other Current Liab
Retained Earnings	- 0.9	Other Current Liab
Total Liab	- 0.89	Non Current Liabilities Total
Total Liab	- 0.89	Total Stockholder Equity
Total Stockholder Equity	- 0.89	Total Current Liabilities