Unity Cash Ratio from 2010 to 2024

UNTY Stock  USD 46.16  1.34  2.82%   
Unity Bancorp Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Unity Bancorp Cash Ratio regression line of annual values had r-squared of  0.01 and arithmetic mean of  59.81. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
25.66
Current Value
43.42
Quarterly Volatility
41.57044951
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unity Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unity Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 50.9 M or Selling General Administrative of 33.2 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0124 or PTB Ratio of 1.4. Unity financial statements analysis is a perfect complement when working with Unity Bancorp Valuation or Volatility modules.
  
Check out the analysis of Unity Bancorp Correlation against competitors.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Latest Unity Bancorp's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Unity Bancorp over the last few years. It is Unity Bancorp's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unity Bancorp's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Pretty Stable
   Cash Ratio   
       Timeline  

Unity Cash Ratio Regression Statistics

Arithmetic Mean59.81
Geometric Mean52.47
Coefficient Of Variation69.50
Mean Deviation22.37
Median51.41
Standard Deviation41.57
Sample Variance1,728
Range176
R-Value0.11
Mean Square Error1,839
R-Squared0.01
Significance0.70
Slope1.02
Total Sum of Squares24,193

Unity Cash Ratio History

2024 43.42
2023 25.66
2022 28.51
2021 201.96
2020 76.33
2019 46.39
2018 49.33

About Unity Bancorp Financial Statements

Unity Bancorp investors use historical fundamental indicators, such as Unity Bancorp's Cash Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Unity Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 25.66  43.42 

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Additional Tools for Unity Stock Analysis

When running Unity Bancorp's price analysis, check to measure Unity Bancorp'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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.