United Fire Group Stock Current Asset
| UFCS Stock | USD 30.66 0.18 0.58% |
United Fire Group fundamentals help investors to digest information that contributes to United Fire's financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Fire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Fire stock.
Non Current Assets Total is likely to gain to about 4.1 B in 2024, whereas Total Current Assets are likely to drop slightly above 427.2 M in 2024. United | Current Asset |
United Fire Group Company Current Asset Analysis
United Fire's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
United Current Asset Historical Pattern
Today, most investors in United Fire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Fire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of United Fire current asset as a starting point in their analysis.
United Fire Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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United Total Assets
Total Assets |
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In accordance with the recently published financial statements, United Fire Group has a Current Asset of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
United Fire Current Valuation Drivers
We derive many important indicators used in calculating different scores of United Fire from analyzing United Fire's financial statements. These drivers represent accounts that assess United Fire's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of United Fire's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 628.2M | 581.9M | 688.4M | 508.4M | 505.7M | |
| Enterprise Value | 994.4M | 590.2M | 499.8M | 641.7M | 456.4M | 426.4M |
United Fire ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, United Fire's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Fire's managers, analysts, and investors.Environmental | Governance | Social |
United Fundamentals
| Return On Equity | 0.0701 | ||||
| Return On Asset | 0.0128 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 701.19 M | ||||
| Shares Outstanding | 25.34 M | ||||
| Shares Owned By Insiders | 18.23 % | ||||
| Shares Owned By Institutions | 65.77 % | ||||
| Number Of Shares Shorted | 423.79 K | ||||
| Price To Earning | 11.71 X | ||||
| Price To Book | 0.99 X | ||||
| Price To Sales | 0.64 X | ||||
| Revenue | 1.1 B | ||||
| Gross Profit | 15.27 M | ||||
| EBITDA | (25.95 M) | ||||
| Net Income | (29.7 M) | ||||
| Cash And Equivalents | 92.21 M | ||||
| Cash Per Share | 3.66 X | ||||
| Total Debt | 50 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 31.01 X | ||||
| Cash Flow From Operations | 171.74 M | ||||
| Short Ratio | 4.16 X | ||||
| Earnings Per Share | 1.95 X | ||||
| Price To Earnings To Growth | 2.90 X | ||||
| Target Price | 26.0 | ||||
| Number Of Employees | 852 | ||||
| Beta | 0.38 | ||||
| Market Capitalization | 776.99 M | ||||
| Total Asset | 3.14 B | ||||
| Retained Earnings | 574.69 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 3.01 % | ||||
| Net Asset | 3.14 B | ||||
| Last Dividend Paid | 0.64 |
About United Fire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze United Fire Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Fire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Fire Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.