UU Stock | | | 1,120 10.00 0.89% |
United Utilities financial indicator trend analysis is much more than just breaking down United Utilities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Utilities is a good investment. Please check the relationship between United Utilities Other Current Assets and its Total Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in United Utilities 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 economic analysis.
Other Current Assets vs Total Liab
Other Current Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
United Utilities Other Current Assets account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United Utilities' Other Current Assets and Total Liab is -0.01. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of United Utilities Group, assuming nothing else is changed. The correlation between historical values of United Utilities' Other Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of United Utilities Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., United Utilities' Other Current Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from United Utilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Utilities 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 United Utilities 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 economic analysis.
The current year's
Discontinued Operations is expected to grow to about 966
K, whereas
Selling General Administrative is forecasted to decline to about 12.6
M.
United Utilities fundamental ratios Correlations
Click cells to compare fundamentals
United Utilities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Utilities fundamental ratios Accounts
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Other Information on Investing in United Stock
Balance Sheet is a snapshot of the
financial position of United Utilities at a specified time, usually calculated after every quarter, six months, or one year. United Utilities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of United Utilities 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 United currently owns. An asset can also be divided into two categories, current and non-current.