Uniper Other Current Assets vs Retained Earnings Analysis
0RJ4 Stock | 43.19 1.36 3.05% |
Uniper SE financial indicator trend analysis is much more than just breaking down Uniper SE prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uniper SE is a good investment. Please check the relationship between Uniper SE Other Current Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Uniper SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Current Assets vs Retained Earnings
Other Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniper SE Other Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Uniper SE's Other Current Assets and Retained Earnings is -0.64. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Uniper SE, assuming nothing else is changed. The correlation between historical values of Uniper SE's Other Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Uniper SE are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Assets i.e., Uniper SE's Other Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Uniper SE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uniper SE 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 Uniper SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Tax Provision is likely to gain to about 167.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 818.2 M in 2024.
Uniper SE fundamental ratios Correlations
Click cells to compare fundamentals
Uniper SE Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uniper SE fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 43.2B | 51.0B | 43.8B | 40.2B | 36.2B | 36.3B | |
Short Long Term Debt Total | 961M | 1.2B | 1.1B | 1.0B | 924.3M | 1.1B | |
Total Current Liabilities | 18.9B | 18.0B | 95.5B | 57.4B | 66.1B | 40.2B | |
Total Stockholder Equity | 12.1B | 11.0B | 11.4B | 10.8B | 9.7B | 9.2B | |
Retained Earnings | 3.1B | 3.1B | (1.4B) | (19.8B) | (17.9B) | (17.0B) | |
Cash | 851M | 1.1B | 825M | 243M | 279.5M | 265.5M | |
Other Assets | 11.8B | 9.1B | 24.0B | 47.0B | 54.1B | 56.8B | |
Long Term Debt | 961M | 1.2B | 1.1B | 847M | 762.3M | 1.0B | |
Cash And Short Term Investments | 2.1B | 2.8B | 1.5B | 1.4B | 1.3B | 1.5B | |
Net Receivables | 7.8B | 6.8B | 11.9B | 9.8B | 11.3B | 9.4B | |
Good Will | 1.9B | 1.8B | 1.9B | 1.8B | 1.6B | 1.6B | |
Short Term Investments | 1.3B | 1.6B | 679M | 1.2B | 1.1B | 987.7M | |
Inventory | 1.5B | 1.2B | 1.8B | 4.7B | 5.4B | 5.7B | |
Other Current Assets | 9.9B | 10.4B | 74.6B | 44.6B | 51.3B | 27.4B | |
Other Stockholder Equity | (3.2B) | (3.8B) | (3.8B) | (917M) | (1.1B) | (1.1B) | |
Total Liab | 31.0B | 40.0B | 32.4B | 29.5B | 26.5B | 27.1B | |
Total Current Assets | 20.0B | 18.7B | 91.3B | 63.8B | 73.4B | 41.3B | |
Intangible Assets | 819M | 768M | 742M | 734M | 660.6M | 829.4M | |
Property Plant Equipment | 8.3B | 8.7B | 9.4B | 8.6B | 7.7B | 7.7B | |
Other Current Liab | 10.3B | 10.0B | 76.1B | 38.7B | 44.6B | 33.3B | |
Other Liab | 11.8B | 10.0B | 24.4B | 56.9B | 65.5B | 68.7B | |
Net Tangible Assets | 8.8B | 8.3B | 3.9B | 3.6B | 3.2B | 5.3B | |
Accounts Payable | 7.3B | 6.8B | 11.6B | 9.4B | 10.8B | 9.5B |
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