United Cost Of Revenue vs Tax Provision Analysis

UZF Stock  USD 22.75  0.02  0.09%   
United States financial indicator trend analysis is much more than just breaking down United States Cellular prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United States Cellular is a good investment. Please check the relationship between United States Cost Of Revenue and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Cellular Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United States' Cost Of Revenue and Tax Provision is -0.07. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of United States Cellular, assuming nothing else is changed. The correlation between historical values of United States' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of United States Cellular are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., United States' Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on United States Cellular income statement and represents the costs associated with goods and services United States provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from United States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United States Cellular 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 States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, United States' Tax Provision is most likely to increase significantly in the upcoming years. The United States' current Sales General And Administrative To Revenue is estimated to increase to 0.45, while Selling General Administrative is projected to decrease to roughly 1.2 B.
 2021 2022 2023 2024 (projected)
Total Revenue4.1B4.2B3.9B2.6B
Depreciation And Amortization777M796M749M431.3M

United States fundamental ratios Correlations

0.910.30.710.790.770.860.950.180.990.330.150.90.760.960.680.75-0.180.980.590.730.610.910.79-0.310.51
0.910.070.470.560.550.980.770.070.920.270.010.850.440.980.470.83-0.520.970.420.890.30.960.48-0.610.23
0.30.070.70.450.49-0.030.360.450.23-0.140.470.220.520.160.610.110.340.240.56-0.30.70.050.480.260.55
0.710.470.70.870.920.410.730.230.66-0.070.230.610.810.580.820.490.160.640.710.180.880.490.790.050.79
0.790.560.450.870.940.470.870.360.730.10.360.790.910.640.590.410.150.680.830.290.840.550.880.020.58
0.770.550.490.920.940.480.820.290.73-0.040.290.680.850.640.670.480.030.690.750.310.840.530.830.070.66
0.860.98-0.030.410.470.480.7-0.150.90.28-0.210.780.360.950.480.83-0.560.930.240.940.20.980.41-0.620.21
0.950.770.360.730.870.820.70.260.930.330.260.860.890.850.650.570.020.870.660.570.720.790.9-0.080.54
0.180.070.450.230.360.29-0.150.260.04-0.010.990.290.370.09-0.06-0.030.240.10.77-0.240.46-0.110.310.10.05
0.990.920.230.660.730.730.90.930.040.340.020.850.70.970.680.77-0.230.980.470.790.530.950.74-0.320.5
0.330.27-0.14-0.070.1-0.040.280.33-0.010.34-0.030.230.270.30.210.170.210.29-0.020.33-0.080.350.37-0.150.18
0.150.010.470.230.360.29-0.210.260.990.02-0.030.240.380.04-0.08-0.10.30.060.75-0.290.48-0.150.330.210.05
0.90.850.220.610.790.680.780.860.290.850.230.240.710.860.480.62-0.190.860.720.640.610.80.68-0.480.29
0.760.440.520.810.910.850.360.890.370.70.270.380.710.560.690.320.410.620.750.180.880.470.990.210.72
0.960.980.160.580.640.640.950.850.090.970.30.040.860.560.580.84-0.391.00.460.850.420.970.61-0.490.38
0.680.470.610.820.590.670.480.65-0.060.680.21-0.080.480.690.580.620.160.640.370.290.660.530.72-0.040.87
0.750.830.110.490.410.480.830.57-0.030.770.17-0.10.620.320.840.62-0.40.840.30.730.250.80.37-0.520.45
-0.18-0.520.340.160.150.03-0.560.020.24-0.230.210.3-0.190.41-0.390.16-0.4-0.330.18-0.650.36-0.40.390.670.46
0.980.970.240.640.680.690.930.870.10.980.290.060.860.621.00.640.84-0.330.50.810.490.960.66-0.440.45
0.590.420.560.710.830.750.240.660.770.47-0.020.750.720.750.460.370.30.180.50.050.810.290.68-0.060.39
0.730.89-0.30.180.290.310.940.57-0.240.790.33-0.290.640.180.850.290.73-0.650.810.050.010.890.25-0.620.04
0.610.30.70.880.840.840.20.720.460.53-0.080.480.610.880.420.660.250.360.490.810.010.290.820.210.65
0.910.960.050.490.550.530.980.79-0.110.950.35-0.150.80.470.970.530.8-0.40.960.290.890.290.53-0.50.31
0.790.480.480.790.880.830.410.90.310.740.370.330.680.990.610.720.370.390.660.680.250.820.530.20.76
-0.31-0.610.260.050.020.07-0.62-0.080.1-0.32-0.150.21-0.480.21-0.49-0.04-0.520.67-0.44-0.06-0.620.21-0.50.20.26
0.510.230.550.790.580.660.210.540.050.50.180.050.290.720.380.870.450.460.450.390.040.650.310.760.26
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United States Account Relationship Matchups

United States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B9.7B10.3B11.1B10.8B11.3B
Short Long Term Debt Total2.5B3.5B3.7B4.2B4.0B4.2B
Other Current Liab185M318M58M419M102M161.9M
Total Current Liabilities750M871M903M1.2B901M547.8M
Total Stockholder Equity4.2B4.4B4.5B4.6B4.6B2.7B
Property Plant And Equipment Net3.1B3.4B3.6B3.5B3.5B1.9B
Net Debt2.2B2.2B3.6B3.9B3.9B4.1B
Retained Earnings2.6B2.7B2.8B2.9B2.9B3.0B
Cash285M1.3B156M273M150M217.1M
Non Current Assets Total6.6B7.1B8.7B9.4B9.4B9.8B
Non Currrent Assets Other201M221M(30M)4M705M740.3M
Cash And Short Term Investments285M1.3B156M273M150M232.3M
Net Receivables1.1B1.1B1.2B1.1B958M1.0B
Liabilities And Stockholders Equity8.2B9.7B10.3B11.1B10.8B11.3B
Non Current Liabilities Total3.2B4.4B4.9B5.3B5.2B5.5B
Inventory162M146M173M261M199M209.0M
Other Current Assets20M80M107M113M93M97.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B2.6B
Total Liab3.9B5.2B5.8B6.5B6.1B6.4B
Total Current Assets1.6B2.6B1.6B1.7B1.4B848.9M
Short Term Debt113M118M261M146M290M304.5M
Accounts Payable304M387M360M356M248M241.5M
Intangible Assets2.5B2.6B4.1B4.7B4.7B4.9B
Current Deferred Revenue148M151M191M239M229M188.8M
Other Assets633M566M604M644M740.6M597.7M
Long Term Debt1.6B1.5B2.5B2.7B3.1B2.1B
Long Term Debt Total1.5B2.5B2.7B3.2B3.7B2.3B
Capital Surpluse1.6B1.7B1.7B1.7B2.0B1.8B
Treasury Stock(70M)(67M)(68M)(98M)(112.7M)(118.3M)
Property Plant Equipment3.1B2.5B2.6B2.6B3.0B2.8B

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When determining whether United States Cellular is a strong investment it is important to analyze United States' 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 United States' future performance. For an informed investment choice regarding United 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 United States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Communication 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 United States. If investors know United 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 United States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
3.4829
The market value of United States Cellular is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 United States' market value can be influenced by many factors that don't directly affect United States' 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 United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.