Upbound Current Deferred Revenue vs Total Current Liabilities Analysis
UPBD Stock | 34.45 0.05 0.15% |
Upbound financial indicator trend analysis is much more than just breaking down Upbound Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upbound Group is a good investment. Please check the relationship between Upbound Current Deferred Revenue and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upbound 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 bureau of labor statistics.
Current Deferred Revenue vs Total Current Liabilities
Current Deferred Revenue vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upbound Group Current Deferred Revenue account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Upbound's Current Deferred Revenue and Total Current Liabilities is 0.42. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Upbound Group, assuming nothing else is changed. The correlation between historical values of Upbound's Current Deferred Revenue and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Upbound Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Current Deferred Revenue i.e., Upbound's Current Deferred Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Current Liabilities
Total Current Liabilities is an item on Upbound balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Upbound Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Upbound's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upbound 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 Upbound 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 bureau of labor statistics. At present, Upbound's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.1 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 9.06.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 4.6B | 4.2B | 4.0B | 2.6B | Depreciation And Amortization | 169.8M | 133.9M | 124.3M | 149.1M |
Upbound fundamental ratios Correlations
Click cells to compare fundamentals
Upbound Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Upbound fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.8B | 3.0B | 2.8B | 2.7B | 2.1B | |
Short Long Term Debt Total | 285.0M | 300.4M | 1.7B | 1.5B | 1.6B | 822.0M | |
Other Current Liab | 3.7M | 31.1M | 47.6M | 102.4M | 341.8M | 210.2M | |
Total Current Liabilities | 343.1M | 388.1M | 369.9M | 445.2M | 607.4M | 370.7M | |
Total Stockholder Equity | 459.0M | 592.1M | 513.3M | 525.1M | 560.4M | 755.5M | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.9B | 1.7B | 562.8M | 675.9M | |
Net Debt | 214.5M | 125.9M | 188.2M | 161.4M | 1.5B | 1.6B | |
Retained Earnings | 947.9M | 1.1B | 1.1B | 1.1B | 994.9M | 940.6M | |
Accounts Payable | 168.1M | 186.1M | 135.7M | 155.4M | 177.2M | 101.9M | |
Cash | 70.5M | 159.4M | 108.3M | 144.1M | 93.7M | 82.2M | |
Non Current Assets Total | 1.4B | 1.4B | 2.7B | 2.5B | 1.2B | 1.5B | |
Non Currrent Assets Other | 8.6M | (503.1M) | 63.5M | 46.1M | 8.5M | 8.1M | |
Cash And Short Term Investments | 70.5M | 159.4M | 108.3M | 144.1M | 93.7M | 82.2M | |
Common Stock Shares Outstanding | 56.0M | 55.8M | 66.8M | 59.0M | 55.0M | 61.5M | |
Liabilities And Stockholders Equity | 1.6B | 1.8B | 3.0B | 2.8B | 2.7B | 2.1B | |
Non Current Liabilities Total | 780.8M | 770.8M | 2.1B | 1.8B | 1.5B | 971.0M | |
Inventory | 4.9M | 5.4M | 6.4M | 7.0M | 1.2B | 1.3B | |
Other Stockholder Equity | (479.4M) | (488.6M) | (619.1M) | (542.5M) | (431.3M) | (409.7M) | |
Total Liab | 1.1B | 1.2B | 2.5B | 2.2B | 2.2B | 1.3B | |
Total Current Assets | 205.5M | 304.9M | 304.6M | 263.0M | 1.5B | 1.6B | |
Intangible Assets | 8.8M | 7.9M | 425.2M | 359.4M | 301.4M | 202.5M | |
Net Receivables | 84.1M | 90.0M | 126.4M | 111.9M | 111.0M | 116.6M | |
Other Current Assets | 46.0M | 50.0M | 63.5M | 46.1M | 41.8M | 57.0M | |
Common Stock | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M | 1.0M | |
Accumulated Other Comprehensive Income | (10.7M) | (11.4M) | (12.4M) | (10.6M) | (4.4M) | (4.6M) | |
Current Deferred Revenue | 52.6M | 61.1M | 71.4M | 74.0M | 72.6M | 62.4M |
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.When determining whether Upbound Group is a strong investment it is important to analyze Upbound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Upbound's future performance. For an informed investment choice regarding Upbound Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upbound 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 bureau of labor statistics. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Computer & Electronics Retail 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 Upbound. If investors know Upbound 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 Upbound 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 5.995 | Dividend Share 1.45 | Earnings Share 1.46 | Revenue Per Share 78.182 | Quarterly Revenue Growth 0.092 |
The market value of Upbound Group is measured differently than its book value, which is the value of Upbound that is recorded on the company's balance sheet. Investors also form their own opinion of Upbound's value that differs from its market value or its book value, called intrinsic value, which is Upbound'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 Upbound's market value can be influenced by many factors that don't directly affect Upbound'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 Upbound's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upbound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upbound'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.