Unum Asset Turnover vs Gross Profit Margin Analysis
| UNM Stock | USD 75.84 0.41 0.54% |
Unum financial indicator trend analysis is much more than just breaking down Unum Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unum Group is a good investment. Please check the relationship between Unum Asset Turnover and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum 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 board of governors.
Asset Turnover vs Gross Profit Margin
Asset Turnover vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unum Group Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have pay attention.
The correlation between Unum's Asset Turnover and Gross Profit Margin is -0.87. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Unum Group, assuming nothing else is changed. The correlation between historical values of Unum's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Unum Group are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Unum's Asset Turnover and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Gross Profit Margin
Most indicators from Unum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unum 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 Unum 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 board of governors. At this time, Unum's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 8.11, while Selling General Administrative is likely to drop about 869.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 1.6B | 2.0B | 1.9B | 1.0B | EBIT | 1.4B | 1.9B | 1.8B | 1.9B |
Unum fundamental ratios Correlations
Click cells to compare fundamentals
Unum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unum fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 67.0B | 70.6B | 70.1B | 61.4B | 63.3B | 45.0B | |
| Total Stockholder Equity | 10.0B | 10.9B | 11.4B | 9.2B | 9.7B | 6.6B | |
| Retained Earnings | 10.7B | 11.3B | 11.9B | 12.9B | 11.4B | 12.0B | |
| Common Stock Shares Outstanding | 209.9M | 203.8M | 204.8M | 202.1M | 197.6M | 247.8M | |
| Liabilities And Stockholders Equity | 67.0B | 70.6B | 70.1B | 61.4B | 63.3B | 44.6B | |
| Other Stockholder Equity | (831.6M) | (803.5M) | (821.6M) | (988.8M) | 1.5B | 1.6B | |
| Property Plant And Equipment Net | 534.1M | 498M | 462.7M | 451.7M | 485.3M | 392.5M | |
| Non Current Assets Total | 49.6B | 46.5B | 45.6B | 1.2B | 118.1M | 112.2M | |
| Non Currrent Assets Other | (122.7M) | (158.8M) | (144.5M) | (36.2B) | (39.3B) | (37.4B) | |
| Other Assets | 9.6B | 10.2B | 10.6B | 57.1B | 62.2B | 65.3B | |
| Net Receivables | 6.4B | 12.3B | 12.4B | 11.7B | 10.7B | 5.7B | |
| Total Current Assets | 7.8B | 13.9B | 13.9B | 3.0B | 970.9M | 922.4M | |
| Short Long Term Debt Total | 3.3B | 3.4B | 3.5B | 3.4B | 3.4B | 2.4B | |
| Net Debt | 3.2B | 3.1B | 3.4B | 3.3B | 3.3B | 2.3B | |
| Non Current Liabilities Total | 3.4B | 3.8B | 3.9B | 52.0B | 3.4B | 3.3B | |
| Total Liab | 57.0B | 59.8B | 58.7B | 52.2B | 53.6B | 41.1B | |
| Other Current Liab | (399.7M) | (11.5B) | (11.5B) | 76M | (9.5B) | (9.0B) | |
| Total Current Liabilities | 399.7M | (11.5B) | (11.5B) | 192.9M | (9.4B) | (9.0B) | |
| Cash | 84.1M | 197M | 75M | 119.2M | 146M | 114.6M | |
| Cash And Short Term Investments | 1.4B | 1.7B | 1.5B | 1.5B | 38.6B | 40.5B | |
| Short Term Investments | 1.3B | 1.5B | 1.4B | 1.4B | 38.4B | 40.4B | |
| Property Plant And Equipment Gross | 504.8M | 546.9M | 534.1M | 498M | 572.7M | 456.7M | |
| Accumulated Other Comprehensive Income | 37.3M | 374.2M | 354.1M | (2.8B) | (3.3B) | (3.1B) | |
| Good Will | 351.7M | 353M | 352.2M | 347.6M | 349.9M | 291.4M | |
| Other Current Assets | 4.5B | 4.8B | 4.4B | (10.2B) | 4.9B | 4.6B | |
| Short Term Debt | 399.7M | 25.4M | 22.6M | 2M | 19.2M | 18.2M | |
| Other Liab | 52.9B | 56.0B | 54.8B | 48.1B | 55.3B | 58.1B | |
| Accounts Payable | 24M | 256.7M | 159.1M | 190.9M | 171.8M | 163.2M | |
| Long Term Debt | 2.9B | 3.3B | 3.4B | 3.4B | 3.4B | 2.4B | |
| Intangible Assets | 88.7M | 83.8M | 73.1M | 62.9M | 63.9M | 60.7M | |
| Property Plant Equipment | 534.1M | 498M | 462.7M | 451.7M | 519.5M | 504.7M | |
| Retained Earnings Total Equity | 10.7B | 11.3B | 11.9B | 12.9B | 14.8B | 8.3B | |
| Inventory | (4.5B) | (4.8B) | (4.4B) | (53.1B) | (47.8B) | (45.4B) | |
| Net Tangible Assets | 9.6B | 10.5B | 11.1B | 8.8B | 10.2B | 10.0B | |
| Long Term Debt Total | 2.9B | 3.3B | 3.4B | 3.4B | 3.9B | 3.2B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum 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 board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unum. If investors know Unum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.392 | Dividend Share 1.57 | Earnings Share 9.21 | Revenue Per Share 67.014 | Quarterly Revenue Growth 0.04 |
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unum's market value can be influenced by many factors that don't directly affect Unum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.