Unite Total Current Assets vs Common Stock Shares Outstanding 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 Total Current Assets and its Common Stock Shares Outstanding 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.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unite Group PLC Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Unite Group's Total Current Assets and Common Stock Shares Outstanding is 0.1. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Unite Group PLC are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Unite Group's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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.