Unisplendour Good Will vs Inventory Analysis

000938 Stock   30.99  0.60  1.97%   
Unisplendour Corp financial indicator trend analysis is much more than just breaking down Unisplendour Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisplendour Corp is a good investment. Please check the relationship between Unisplendour Corp Good Will and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Unisplendour Corp. 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.

Good Will vs Inventory

Good Will vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unisplendour Corp Good Will account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Unisplendour Corp's Good Will and Inventory is 0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Inventory in the same time period over historical financial statements of Unisplendour Corp, assuming nothing else is changed. The correlation between historical values of Unisplendour Corp's Good Will and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Unisplendour Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Good Will i.e., Unisplendour Corp's Good Will and Inventory go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Inventory

Most indicators from Unisplendour Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisplendour Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Unisplendour Corp. 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.
The current year's Selling General Administrative is expected to grow to about 5.6 B, whereas Tax Provision is forecasted to decline to about 82.7 M.
 2022 2023 2024 2025 (projected)
Operating Income5.6B5.1B5.9B6.2B
Total Revenue74.1B77.3B88.9B93.3B

Unisplendour Corp fundamental ratios Correlations

0.490.990.970.980.970.970.980.80.761.00.940.470.980.930.970.940.860.920.80.09-0.870.960.980.790.91
0.490.390.630.630.360.410.40.76-0.080.510.250.650.350.680.570.370.750.680.130.47-0.770.420.360.70.37
0.990.390.920.951.00.990.990.720.80.980.980.411.00.860.970.970.770.890.87-0.08-0.790.971.00.730.93
0.970.630.920.980.890.90.920.890.630.970.840.550.90.990.940.860.950.940.670.3-0.950.910.910.840.84
0.980.630.950.980.930.950.940.860.630.980.870.560.930.950.980.910.910.960.730.15-0.920.930.940.850.88
0.970.361.00.890.930.990.980.680.810.960.990.381.00.820.960.980.730.870.89-0.15-0.750.971.00.70.93
0.970.410.990.90.950.990.980.690.760.960.970.410.980.830.980.980.750.890.87-0.13-0.760.940.980.690.92
0.980.40.990.920.940.980.980.760.820.980.960.410.990.860.960.930.780.880.82-0.03-0.790.970.990.720.94
0.80.760.720.890.860.680.690.760.380.830.580.690.70.90.790.60.920.860.350.45-0.940.770.70.890.7
0.76-0.080.80.630.630.810.760.820.380.730.870.120.840.560.650.740.420.520.75-0.22-0.40.810.830.380.78
1.00.510.980.970.980.960.960.980.830.730.930.510.970.930.960.930.870.930.790.08-0.880.970.980.810.9
0.940.250.980.840.870.990.970.960.580.870.930.280.990.760.910.970.660.810.94-0.21-0.660.950.980.620.89
0.470.650.410.550.560.380.410.410.690.120.510.280.380.560.490.350.620.620.150.26-0.680.410.390.640.4
0.980.351.00.90.931.00.980.990.70.840.970.990.380.840.950.970.750.870.88-0.09-0.760.971.00.70.93
0.930.680.860.990.950.820.830.860.90.560.930.760.560.840.890.790.980.910.580.43-0.960.850.850.840.78
0.970.570.970.940.980.960.980.960.790.650.960.910.490.950.890.940.840.940.790.01-0.860.930.960.780.91
0.940.370.970.860.910.980.980.930.60.740.930.970.350.970.790.940.710.850.94-0.18-0.720.920.970.660.87
0.860.750.770.950.910.730.750.780.920.420.870.660.620.750.980.840.710.920.480.52-0.990.770.760.870.71
0.920.680.890.940.960.870.890.880.860.520.930.810.620.870.910.940.850.920.680.16-0.950.880.880.890.85
0.80.130.870.670.730.890.870.820.350.750.790.940.150.880.580.790.940.480.68-0.4-0.490.810.880.450.74
0.090.47-0.080.30.15-0.15-0.13-0.030.45-0.220.08-0.210.26-0.090.430.01-0.180.520.16-0.4-0.45-0.05-0.080.29-0.09
-0.87-0.77-0.79-0.95-0.92-0.75-0.76-0.79-0.94-0.4-0.88-0.66-0.68-0.76-0.96-0.86-0.72-0.99-0.95-0.49-0.45-0.79-0.77-0.92-0.72
0.960.420.970.910.930.970.940.970.770.810.970.950.410.970.850.930.920.770.880.81-0.05-0.790.970.80.92
0.980.361.00.910.941.00.980.990.70.830.980.980.391.00.850.960.970.760.880.88-0.08-0.770.970.710.93
0.790.70.730.840.850.70.690.720.890.380.810.620.640.70.840.780.660.870.890.450.29-0.920.80.710.72
0.910.370.930.840.880.930.920.940.70.780.90.890.40.930.780.910.870.710.850.74-0.09-0.720.920.930.72
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Unisplendour Corp Account Relationship Matchups

Unisplendour Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets58.8B66.4B74.1B87.3B100.4B105.4B
Other Current Liab6.2B8.8B2.6B2.2B2.5B2.0B
Total Current Liabilities23.4B28.4B33.3B39.3B45.2B47.5B
Total Stockholder Equity29.7B30.0B31.8B33.9B39.0B41.0B
Other Liab1.2B1.4B1.7B1.8B2.1B2.2B
Retained Earnings7.4B9.3B10.9B13.0B14.9B15.7B
Accounts Payable10.4B11.8B13.2B14.4B16.5B17.3B
Cash9.0B9.0B10.7B14.7B16.9B17.8B
Other Assets3.6B4.7B3.2B2.7B3.1B3.3B
Net Receivables9.2B11.1B13.0B14.1B16.2B17.0B
Inventory9.6B18.4B20.3B27.9B32.1B33.7B
Other Current Assets2.2B2.6B2.0B1.6B1.9B947.6M
Total Liab24.7B30.8B36.2B47.2B54.3B57.0B
Intangible Assets3.9B4.0B3.7B4.1B4.7B5.0B
Property Plant Equipment589.3M591.2M989.2M1.9B2.1B2.2B
Net Tangible Assets8.9B10.6B10.3B12.1B13.9B9.1B
Other Stockholder Equity151.5M16.8M(9.9M)17.8B20.5B21.5B
Deferred Long Term Liab691.8M517.9M491.1M72.2M65.0M61.7M
Short Long Term Debt3.1B4.3B4.2B6.3B7.2B7.6B
Total Current Assets35.4B43.6B50.7B63.6B73.2B76.9B
Non Current Assets Total24.0B22.9B23.4B23.6B27.2B25.0B
Non Currrent Assets Other2.0B523.7M842.0M583.2M670.7M772.4M
Short Term Investments2.1B1.1B1.4B314.2M282.8M268.7M
Non Current Liabilities Total1.6B2.3B2.9B7.9B9.1B9.5B
Non Current Liabilities Other212.5M245.2M282.5M319.5M367.4M197.4M
Net Invested Capital32.8B34.4B36.2B45.3B52.1B37.7B
Net Working Capital11.8B15.1B17.4B24.3B28.0B15.4B
Property Plant And Equipment Net653.6M1.8B2.4B2.5B2.9B1.8B
Property Plant And Equipment Gross2.1B3.6B4.6B5.1B5.8B3.8B

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Other Information on Investing in Unisplendour Stock

Balance Sheet is a snapshot of the financial position of Unisplendour Corp at a specified time, usually calculated after every quarter, six months, or one year. Unisplendour Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unisplendour Corp 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 Unisplendour currently owns. An asset can also be divided into two categories, current and non-current.