Unum Property Plant Equipment vs Long Term Debt 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 Property Plant Equipment and its Long Term Debt 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.
Property Plant Equipment vs Long Term Debt
Property Plant Equipment vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unum Group Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unum's Property Plant Equipment and Long Term Debt is -0.26. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt 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 Property Plant Equipment 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 Property Plant Equipment of Unum Group 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 Property Plant Equipment i.e., Unum's Property Plant Equipment and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Long Term Debt
Long-term debt is a debt that Unum Group has held for over one year. Long-term debt appears on Unum Group 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 Unum Group 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 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
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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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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.