Unite Common Stock Total Equity vs Retained Earnings Analysis

UTG Stock   884.50  3.00  0.34%   
Unite Group financial indicator trend analysis is much more than just breaking down Unite Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unite Group PLC is a good investment. Please check the relationship between Unite Group Common Stock Total Equity and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unite Group PLC. 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 economic analysis.

Common Stock Total Equity vs Retained Earnings

Common Stock Total Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unite Group PLC Common Stock Total Equity account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Unite Group's Common Stock Total Equity and Retained Earnings is 0.9. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Unite Group PLC, assuming nothing else is changed. The correlation between historical values of Unite Group's Common Stock Total Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Unite Group PLC are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Total Equity i.e., Unite Group's Common Stock Total Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Unite Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unite Group PLC 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 Unite Group PLC. 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 economic analysis.
The current year's Issuance Of Capital Stock is expected to grow to about 309.6 M, whereas Selling General Administrative is forecasted to decline to about 9.4 M.
 2021 2023 2024 (projected)
Interest Expense47.9M31.8M25.9M
Depreciation And Amortization7.8M6.2M4.3M

Unite Group fundamental ratios Correlations

0.830.570.760.99-0.040.840.90.030.440.650.490.440.980.570.8-0.280.290.990.84-0.270.430.420.980.54-0.57
0.830.30.390.750.060.990.610.010.640.240.140.640.770.260.99-0.220.020.791.0-0.190.560.030.790.54-0.35
0.570.30.850.59-0.470.370.530.27-0.230.780.74-0.230.660.340.240.090.020.590.32-0.010.010.740.640.020.0
0.760.390.850.8-0.450.420.710.290.020.970.90.020.820.620.3-0.090.330.80.4-0.120.180.890.80.1-0.29
0.990.750.590.8-0.050.770.940.010.360.710.530.360.970.630.71-0.30.360.980.77-0.290.370.480.970.52-0.61
-0.040.06-0.47-0.45-0.050.030.19-0.640.18-0.49-0.690.18-0.1-0.410.13-0.41-0.18-0.170.08-0.31-0.16-0.65-0.080.75-0.51
0.840.990.370.420.770.030.630.020.540.270.170.540.780.290.97-0.2-0.010.810.99-0.170.510.060.80.52-0.35
0.90.610.530.710.940.190.63-0.090.260.630.380.260.90.490.58-0.40.350.860.64-0.360.220.380.90.69-0.71
0.030.010.270.290.01-0.640.02-0.09-0.070.260.32-0.070.110.02-0.020.560.20.070.020.60.430.340.11-0.320.6
0.440.64-0.230.020.360.180.540.26-0.07-0.04-0.11.00.39-0.020.68-0.230.140.40.62-0.20.62-0.140.410.42-0.23
0.650.240.780.970.71-0.490.270.630.26-0.040.94-0.040.720.680.14-0.060.350.720.24-0.090.090.950.68-0.02-0.29
0.490.140.740.90.53-0.690.170.380.32-0.10.94-0.10.550.680.040.010.270.590.13-0.050.030.980.51-0.32-0.09
0.440.64-0.230.020.360.180.540.26-0.071.0-0.04-0.10.39-0.020.68-0.230.140.40.62-0.20.62-0.140.410.42-0.23
0.980.770.660.820.97-0.10.780.90.110.390.720.550.390.510.73-0.20.370.960.78-0.210.460.511.00.51-0.46
0.570.260.340.620.63-0.410.290.490.02-0.020.680.68-0.020.510.18-0.190.480.680.25-0.180.10.60.48-0.18-0.47
0.80.990.240.30.710.130.970.58-0.020.680.140.040.680.730.18-0.2-0.020.750.99-0.170.57-0.070.750.58-0.34
-0.28-0.220.09-0.09-0.3-0.41-0.2-0.40.56-0.23-0.060.01-0.23-0.2-0.19-0.2-0.03-0.23-0.210.960.390.02-0.21-0.40.69
0.290.020.020.330.36-0.18-0.010.350.20.140.350.270.140.370.48-0.02-0.030.330.03-0.060.460.290.37-0.01-0.16
0.990.790.590.80.98-0.170.810.860.070.40.720.590.40.960.680.75-0.230.330.8-0.230.440.510.960.4-0.53
0.841.00.320.40.770.080.990.640.020.620.240.130.620.780.250.99-0.210.030.8-0.180.560.040.80.56-0.36
-0.27-0.19-0.01-0.12-0.29-0.31-0.17-0.360.6-0.2-0.09-0.05-0.2-0.21-0.18-0.170.96-0.06-0.23-0.180.4-0.03-0.22-0.310.59
0.430.560.010.180.37-0.160.510.220.430.620.090.030.620.460.10.570.390.460.440.560.4-0.010.480.180.13
0.420.030.740.890.48-0.650.060.380.34-0.140.950.98-0.140.510.6-0.070.020.290.510.04-0.03-0.010.47-0.28-0.08
0.980.790.640.80.97-0.080.80.90.110.410.680.510.411.00.480.75-0.210.370.960.8-0.220.480.470.54-0.46
0.540.540.020.10.520.750.520.69-0.320.42-0.02-0.320.420.51-0.180.58-0.4-0.010.40.56-0.310.18-0.280.54-0.62
-0.57-0.350.0-0.29-0.61-0.51-0.35-0.710.6-0.23-0.29-0.09-0.23-0.46-0.47-0.340.69-0.16-0.53-0.360.590.13-0.08-0.46-0.62
Click cells to compare fundamentals

Unite Group Account Relationship Matchups

Unite Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.2B5.1B5.4B5.5B5.7B
Short Long Term Debt Total1.7B1.8B1.3B1.4B1.2B657.7M
Other Current Liab132.3M33.8M65.5M114.4M170.7M179.2M
Total Current Liabilities244M167.5M242.8M226.6M517.2M543.1M
Total Stockholder Equity3.1B3.2B3.5B3.8B4.1B4.3B
Property Plant And Equipment Net8.8M7.2M6.3M5.9M1.7M1.6M
Net Debt1.6B1.5B1.1B1.3B1.1B600.9M
Retained Earnings1.1B989.2M1.3B1.5B1.5B1.5B
Accounts Payable15.7M22.6M39.5M38.6M42.3M44.7M
Cash86.9M338.3M109.4M38M37.5M56.8M
Non Current Assets Total1.0B977M1.2B1.4B5.2B5.5B
Non Currrent Assets Other107.5M99.9M88.7M88.2M4.0B4.2B
Cash And Short Term Investments86.9M338.3M109.4M38M37.5M56.8M
Common Stock Total Equity60.2M65.9M90.9M99.5M114.4M120.1M
Liabilities And Stockholders Equity5.0B5.2B5.1B5.4B5.5B5.7B
Non Current Liabilities Total1.6B1.7B1.2B1.3B860.6M600.3M
Inventory4M8.8M12.1M12.8M26.2M51.4M
Other Current Assets(158M)87.6M251.6M73.4M123.7M129.9M
Other Stockholder Equity1.9B2.1B2.1B2.1B2.4B2.6B
Total Liab1.9B2.0B1.5B1.6B1.4B783.2M
Property Plant And Equipment Gross8.8M4.3M3.6M2.7M20.3M19.3M
Total Current Assets178M451.1M464.6M156M222.2M195.1M
Accumulated Other Comprehensive Income(3.5M)(14.1M)1.6M6.2M44M46.2M
Short Term Debt5.3M10.2M8.5M4.8M304.8M320.0M
Common Stock90.9M99.5M99.8M100.1M109.4M114.9M
Intangible Assets22.7M19M16.2M18.3M9.3M11.0M
Other Assets3.8B3.8B3.4B3.8B5.5B5.7B
Long Term Debt1.6B1.7B1.2B1.3B782.2M675.0M
Current Deferred Revenue90.7M50.3M64.6M68M468.6M492.0M
Net Receivables67.1M16.4M93.5M31.8M34.8M29.3M
Net Tangible Assets3.0B3.2B3.5B3.8B4.3B2.4B
Property Plant Equipment119.2M109M101.3M96.2M110.6M116.2M
Capital Surpluse579.5M740.5M1.9B2.2B2.5B1.3B
Net Invested Capital4.6B4.9B4.7B5.1B5.1B4.6B

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 Unite Stock

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