Unite Net Debt vs Cash And Short Term Investments 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 Net Debt and its Cash And Short Term Investments 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.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unite Group PLC Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Unite Group's Net Debt and Cash And Short Term Investments is 0.54. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments 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 Net Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Unite Group PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Unite Group's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Unite Group PLC balance sheet. This account contains Unite Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Unite Group PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Expense	47.9M	31.8M	25.9M
Depreciation And Amortization	7.8M	6.2M	4.3M

Interest Expense Depreciation And Amortization

Unite Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Liab
Total Assets		0.83	0.57	0.76	0.99	-0.04	0.84	0.9	0.03	0.44	0.65	0.49	0.44	0.98	0.57	0.8	-0.28	0.29	0.99	0.84	-0.27	0.43	0.42	0.98	0.54	-0.57
Short Long Term Debt Total	0.83		0.3	0.39	0.75	0.06	0.99	0.61	0.01	0.64	0.24	0.14	0.64	0.77	0.26	0.99	-0.22	0.02	0.79	1.0	-0.19	0.56	0.03	0.79	0.54	-0.35
Other Current Liab	0.57	0.3		0.85	0.59	-0.47	0.37	0.53	0.27	-0.23	0.78	0.74	-0.23	0.66	0.34	0.24	0.09	0.02	0.59	0.32	-0.01	0.01	0.74	0.64	0.02	0.0
Total Current Liabilities	0.76	0.39	0.85		0.8	-0.45	0.42	0.71	0.29	0.02	0.97	0.9	0.02	0.82	0.62	0.3	-0.09	0.33	0.8	0.4	-0.12	0.18	0.89	0.8	0.1	-0.29
Total Stockholder Equity	0.99	0.75	0.59	0.8		-0.05	0.77	0.94	0.01	0.36	0.71	0.53	0.36	0.97	0.63	0.71	-0.3	0.36	0.98	0.77	-0.29	0.37	0.48	0.97	0.52	-0.61
Property Plant And Equipment Net	-0.04	0.06	-0.47	-0.45	-0.05		0.03	0.19	-0.64	0.18	-0.49	-0.69	0.18	-0.1	-0.41	0.13	-0.41	-0.18	-0.17	0.08	-0.31	-0.16	-0.65	-0.08	0.75	-0.51
Net Debt	0.84	0.99	0.37	0.42	0.77	0.03		0.63	0.02	0.54	0.27	0.17	0.54	0.78	0.29	0.97	-0.2	-0.01	0.81	0.99	-0.17	0.51	0.06	0.8	0.52	-0.35
Retained Earnings	0.9	0.61	0.53	0.71	0.94	0.19	0.63		-0.09	0.26	0.63	0.38	0.26	0.9	0.49	0.58	-0.4	0.35	0.86	0.64	-0.36	0.22	0.38	0.9	0.69	-0.71
Accounts Payable	0.03	0.01	0.27	0.29	0.01	-0.64	0.02	-0.09		-0.07	0.26	0.32	-0.07	0.11	0.02	-0.02	0.56	0.2	0.07	0.02	0.6	0.43	0.34	0.11	-0.32	0.6
Cash	0.44	0.64	-0.23	0.02	0.36	0.18	0.54	0.26	-0.07		-0.04	-0.1	1.0	0.39	-0.02	0.68	-0.23	0.14	0.4	0.62	-0.2	0.62	-0.14	0.41	0.42	-0.23
Non Current Assets Total	0.65	0.24	0.78	0.97	0.71	-0.49	0.27	0.63	0.26	-0.04		0.94	-0.04	0.72	0.68	0.14	-0.06	0.35	0.72	0.24	-0.09	0.09	0.95	0.68	-0.02	-0.29
Non Currrent Assets Other	0.49	0.14	0.74	0.9	0.53	-0.69	0.17	0.38	0.32	-0.1	0.94		-0.1	0.55	0.68	0.04	0.01	0.27	0.59	0.13	-0.05	0.03	0.98	0.51	-0.32	-0.09
Cash And Short Term Investments	0.44	0.64	-0.23	0.02	0.36	0.18	0.54	0.26	-0.07	1.0	-0.04	-0.1		0.39	-0.02	0.68	-0.23	0.14	0.4	0.62	-0.2	0.62	-0.14	0.41	0.42	-0.23
Common Stock Total Equity	0.98	0.77	0.66	0.82	0.97	-0.1	0.78	0.9	0.11	0.39	0.72	0.55	0.39		0.51	0.73	-0.2	0.37	0.96	0.78	-0.21	0.46	0.51	1.0	0.51	-0.46
Common Stock Shares Outstanding	0.57	0.26	0.34	0.62	0.63	-0.41	0.29	0.49	0.02	-0.02	0.68	0.68	-0.02	0.51		0.18	-0.19	0.48	0.68	0.25	-0.18	0.1	0.6	0.48	-0.18	-0.47
Non Current Liabilities Total	0.8	0.99	0.24	0.3	0.71	0.13	0.97	0.58	-0.02	0.68	0.14	0.04	0.68	0.73	0.18		-0.2	-0.02	0.75	0.99	-0.17	0.57	-0.07	0.75	0.58	-0.34
Inventory	-0.28	-0.22	0.09	-0.09	-0.3	-0.41	-0.2	-0.4	0.56	-0.23	-0.06	0.01	-0.23	-0.2	-0.19	-0.2		-0.03	-0.23	-0.21	0.96	0.39	0.02	-0.21	-0.4	0.69
Other Current Assets	0.29	0.02	0.02	0.33	0.36	-0.18	-0.01	0.35	0.2	0.14	0.35	0.27	0.14	0.37	0.48	-0.02	-0.03		0.33	0.03	-0.06	0.46	0.29	0.37	-0.01	-0.16
Other Stockholder Equity	0.99	0.79	0.59	0.8	0.98	-0.17	0.81	0.86	0.07	0.4	0.72	0.59	0.4	0.96	0.68	0.75	-0.23	0.33		0.8	-0.23	0.44	0.51	0.96	0.4	-0.53
Total Liab	0.84	1.0	0.32	0.4	0.77	0.08	0.99	0.64	0.02	0.62	0.24	0.13	0.62	0.78	0.25	0.99	-0.21	0.03	0.8		-0.18	0.56	0.04	0.8	0.56	-0.36
Property Plant And Equipment Gross	-0.27	-0.19	-0.01	-0.12	-0.29	-0.31	-0.17	-0.36	0.6	-0.2	-0.09	-0.05	-0.2	-0.21	-0.18	-0.17	0.96	-0.06	-0.23	-0.18		0.4	-0.03	-0.22	-0.31	0.59
Total Current Assets	0.43	0.56	0.01	0.18	0.37	-0.16	0.51	0.22	0.43	0.62	0.09	0.03	0.62	0.46	0.1	0.57	0.39	0.46	0.44	0.56	0.4		-0.01	0.48	0.18	0.13
Short Term Debt	0.42	0.03	0.74	0.89	0.48	-0.65	0.06	0.38	0.34	-0.14	0.95	0.98	-0.14	0.51	0.6	-0.07	0.02	0.29	0.51	0.04	-0.03	-0.01		0.47	-0.28	-0.08
Common Stock	0.98	0.79	0.64	0.8	0.97	-0.08	0.8	0.9	0.11	0.41	0.68	0.51	0.41	1.0	0.48	0.75	-0.21	0.37	0.96	0.8	-0.22	0.48	0.47		0.54	-0.46
Intangible Assets	0.54	0.54	0.02	0.1	0.52	0.75	0.52	0.69	-0.32	0.42	-0.02	-0.32	0.42	0.51	-0.18	0.58	-0.4	-0.01	0.4	0.56	-0.31	0.18	-0.28	0.54		-0.62
Other Liab	-0.57	-0.35	0.0	-0.29	-0.61	-0.51	-0.35	-0.71	0.6	-0.23	-0.29	-0.09	-0.23	-0.46	-0.47	-0.34	0.69	-0.16	-0.53	-0.36	0.59	0.13	-0.08	-0.46	-0.62

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Unite Group Account Relationship Matchups

Unite Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	5.2B	5.1B	5.4B	5.5B	5.7B
Short Long Term Debt Total	1.7B	1.8B	1.3B	1.4B	1.2B	657.7M
Other Current Liab	132.3M	33.8M	65.5M	114.4M	170.7M	179.2M
Total Current Liabilities	244M	167.5M	242.8M	226.6M	517.2M	543.1M
Total Stockholder Equity	3.1B	3.2B	3.5B	3.8B	4.1B	4.3B
Property Plant And Equipment Net	8.8M	7.2M	6.3M	5.9M	1.7M	1.6M
Net Debt	1.6B	1.5B	1.1B	1.3B	1.1B	600.9M
Retained Earnings	1.1B	989.2M	1.3B	1.5B	1.5B	1.5B
Accounts Payable	15.7M	22.6M	39.5M	38.6M	42.3M	44.7M
Cash	86.9M	338.3M	109.4M	38M	37.5M	56.8M
Non Current Assets Total	1.0B	977M	1.2B	1.4B	5.2B	5.5B
Non Currrent Assets Other	107.5M	99.9M	88.7M	88.2M	4.0B	4.2B
Cash And Short Term Investments	86.9M	338.3M	109.4M	38M	37.5M	56.8M
Common Stock Total Equity	60.2M	65.9M	90.9M	99.5M	114.4M	120.1M
Liabilities And Stockholders Equity	5.0B	5.2B	5.1B	5.4B	5.5B	5.7B
Non Current Liabilities Total	1.6B	1.7B	1.2B	1.3B	860.6M	600.3M
Inventory	4M	8.8M	12.1M	12.8M	26.2M	51.4M
Other Current Assets	(158M)	87.6M	251.6M	73.4M	123.7M	129.9M
Other Stockholder Equity	1.9B	2.1B	2.1B	2.1B	2.4B	2.6B
Total Liab	1.9B	2.0B	1.5B	1.6B	1.4B	783.2M
Property Plant And Equipment Gross	8.8M	4.3M	3.6M	2.7M	20.3M	19.3M
Total Current Assets	178M	451.1M	464.6M	156M	222.2M	195.1M
Accumulated Other Comprehensive Income	(3.5M)	(14.1M)	1.6M	6.2M	44M	46.2M
Short Term Debt	5.3M	10.2M	8.5M	4.8M	304.8M	320.0M
Common Stock	90.9M	99.5M	99.8M	100.1M	109.4M	114.9M
Intangible Assets	22.7M	19M	16.2M	18.3M	9.3M	11.0M
Other Assets	3.8B	3.8B	3.4B	3.8B	5.5B	5.7B
Long Term Debt	1.6B	1.7B	1.2B	1.3B	782.2M	675.0M
Current Deferred Revenue	90.7M	50.3M	64.6M	68M	468.6M	492.0M
Net Receivables	67.1M	16.4M	93.5M	31.8M	34.8M	29.3M
Net Tangible Assets	3.0B	3.2B	3.5B	3.8B	4.3B	2.4B
Property Plant Equipment	119.2M	109M	101.3M	96.2M	110.6M	116.2M
Capital Surpluse	579.5M	740.5M	1.9B	2.2B	2.5B	1.3B
Net Invested Capital	4.6B	4.9B	4.7B	5.1B	5.1B	4.6B

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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.

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Unite Net Debt vs Cash And Short Term Investments Analysis

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Cash And Short Term Investments

Unite Group fundamental ratios Correlations

Unite Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unite Group fundamental ratios Accounts

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Other Information on Investing in Unite Stock

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Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Other Liab	- 0.71	Retained Earnings
Non Currrent Assets Other	- 0.69	Property Plant And Equipment Net
Short Term Debt	- 0.65	Property Plant And Equipment Net
Accounts Payable	- 0.64	Property Plant And Equipment Net
Other Liab	- 0.62	Intangible Assets
Other Liab	- 0.61	Total Stockholder Equity