United Cash And Short Term Investments from 2010 to 2024

UFCS Stock  USD 30.08  0.06  0.20%   
United Fire Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is 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. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1995-06-30
Previous Quarter
811.4 M
Current Value
197.5 M
Quarterly Volatility
183.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Fire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Fire's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Total Revenue of 635.1 M or Gross Profit of 634.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0214 or PTB Ratio of 1.26. United financial statements analysis is a perfect complement when working with United Fire Valuation or Volatility modules.
  
Check out the analysis of United Fire Correlation against competitors.

Latest United Fire's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of United Fire Group over the last few years. Short Term Investments is an account in the current assets section of United Fire Group balance sheet. This account contains United Fire investments that will expire within one year. These investments include stocks and bonds that can be liquidated by United Fire Group fairly quickly. It is 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. United Fire's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Fire's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

United Cash And Short Term Investments Regression Statistics

Arithmetic Mean101,508,686
Geometric Mean95,923,675
Coefficient Of Variation28.69
Mean Deviation20,383,574
Median102,146,000
Standard Deviation29,125,767
Sample Variance848.3T
Range117.1M
R-Value0.32
Mean Square Error821T
R-Squared0.10
Significance0.25
Slope2,072,790
Total Sum of Squares11876.3T

United Cash And Short Term Investments History

2024138 M
2023102.1 M
202296.9 M
2021132.4 M
202088.1 M
2019120.9 M
201864.6 M

About United Fire Financial Statements

United Fire shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although United Fire investors may analyze each financial statement separately, they are all interrelated. The changes in United Fire's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Fire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments102.1 M138 M

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Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.