United Capital Expenditures vs Free Cash Flow Analysis

UAL Stock

USD 95.11 0.86 0.90%

United Airlines financial indicator trend analysis is much more than just breaking down United Airlines Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Airlines Holdings is a good investment. Please check the relationship between United Airlines Capital Expenditures and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Airlines Holdings Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.

The correlation between United Airlines' Capital Expenditures and Free Cash Flow is 0.18. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of United Airlines Holdings, assuming nothing else is changed. The correlation between historical values of United Airlines' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of United Airlines Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., United Airlines' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by United Airlines Holdings to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of United Airlines operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from United Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Airlines Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. 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.

At this time, United Airlines' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.37 this year, although the value of Selling General Administrative will most likely fall to about 1.9 B.

	2021	2022	2023	2024 (projected)
Total Revenue	24.6B	45.0B	53.7B	56.4B
Interest Expense	1.6B	1.7B	1.8B	1.9B

Total Revenue Interest Expense

United Airlines fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments
Total Assets		0.95	0.86	0.95	0.54	0.97	0.94	0.34	0.86	0.63	0.98	0.07	0.88	0.74	-0.65	0.11	0.96	0.91	0.33	0.16	0.98	0.89	0.91	0.93	-0.65	0.64
Short Long Term Debt Total	0.95		0.93	0.87	0.37	0.92	0.95	0.26	0.75	0.76	0.89	0.0	0.96	0.7	-0.41	-0.06	0.96	0.81	0.13	0.0	0.96	0.85	0.96	0.97	-0.41	0.58
Other Current Liab	0.86	0.93		0.84	0.24	0.81	0.9	0.09	0.76	0.67	0.77	0.19	0.95	0.65	-0.32	-0.02	0.89	0.75	0.09	0.09	0.9	0.83	0.95	0.92	-0.32	0.72
Total Current Liabilities	0.95	0.87	0.84		0.51	0.91	0.91	0.26	0.97	0.47	0.94	0.21	0.82	0.75	-0.65	0.16	0.87	0.94	0.29	0.25	0.94	0.91	0.86	0.89	-0.65	0.77
Total Stockholder Equity	0.54	0.37	0.24	0.51		0.68	0.53	0.91	0.54	-0.08	0.66	-0.4	0.17	0.23	-0.37	-0.17	0.29	0.7	0.17	-0.27	0.37	0.61	0.19	0.34	-0.37	0.42
Property Plant And Equipment Net	0.97	0.92	0.81	0.91	0.68		0.96	0.52	0.85	0.52	0.98	-0.09	0.79	0.66	-0.56	-0.06	0.88	0.95	0.24	-0.03	0.92	0.93	0.82	0.9	-0.56	0.65
Net Debt	0.94	0.95	0.9	0.91	0.53	0.96		0.39	0.85	0.52	0.92	-0.03	0.86	0.67	-0.41	-0.12	0.89	0.91	0.08	-0.06	0.92	0.94	0.87	0.94	-0.41	0.77
Retained Earnings	0.34	0.26	0.09	0.26	0.91	0.52	0.39		0.28	-0.1	0.46	-0.65	0.03	0.03	-0.05	-0.46	0.12	0.49	-0.04	-0.61	0.17	0.45	0.02	0.21	-0.05	0.21
Accounts Payable	0.86	0.75	0.76	0.97	0.54	0.85	0.85	0.28		0.28	0.86	0.23	0.7	0.72	-0.6	0.11	0.74	0.93	0.28	0.21	0.83	0.88	0.75	0.79	-0.6	0.84
Cash	0.63	0.76	0.67	0.47	-0.08	0.52	0.52	-0.1	0.28		0.51	0.05	0.83	0.51	-0.28	0.1	0.79	0.31	0.19	0.12	0.71	0.38	0.81	0.7	-0.28	0.0
Non Current Assets Total	0.98	0.89	0.77	0.94	0.66	0.98	0.92	0.46	0.86	0.51		0.0	0.77	0.69	-0.69	0.1	0.89	0.94	0.37	0.12	0.93	0.9	0.81	0.87	-0.69	0.62
Non Currrent Assets Other	0.07	0.0	0.19	0.21	-0.4	-0.09	-0.03	-0.65	0.23	0.05	0.0		0.15	0.23	-0.31	0.58	0.13	0.06	0.18	0.7	0.16	0.09	0.19	0.11	-0.31	0.19
Cash And Short Term Investments	0.88	0.96	0.95	0.82	0.17	0.79	0.86	0.03	0.7	0.83	0.77	0.15		0.71	-0.39	0.07	0.94	0.68	0.15	0.15	0.93	0.74	0.99	0.93	-0.39	0.55
Net Receivables	0.74	0.7	0.65	0.75	0.23	0.66	0.67	0.03	0.72	0.51	0.69	0.23	0.71		-0.58	0.43	0.73	0.61	0.32	0.36	0.76	0.56	0.74	0.66	-0.58	0.52
Common Stock Total Equity	-0.65	-0.41	-0.32	-0.65	-0.37	-0.56	-0.41	-0.05	-0.6	-0.28	-0.69	-0.31	-0.39	-0.58		-0.67	-0.6	-0.57	-0.8	-0.69	-0.63	-0.41	-0.46	-0.39	1.0	-0.27
Common Stock Shares Outstanding	0.11	-0.06	-0.02	0.16	-0.17	-0.06	-0.12	-0.46	0.11	0.1	0.1	0.58	0.07	0.43	-0.67		0.15	-0.04	0.55	0.91	0.16	-0.16	0.12	-0.08	-0.67	-0.04
Non Current Liabilities Total	0.96	0.96	0.89	0.87	0.29	0.88	0.89	0.12	0.74	0.79	0.89	0.13	0.94	0.73	-0.6	0.15		0.77	0.33	0.21	0.99	0.79	0.96	0.93	-0.6	0.51
Inventory	0.91	0.81	0.75	0.94	0.7	0.95	0.91	0.49	0.93	0.31	0.94	0.06	0.68	0.61	-0.57	-0.04	0.77		0.26	0.05	0.85	0.97	0.72	0.84	-0.57	0.76
Other Current Assets	0.33	0.13	0.09	0.29	0.17	0.24	0.08	-0.04	0.28	0.19	0.37	0.18	0.15	0.32	-0.8	0.55	0.33	0.26		0.57	0.33	0.1	0.2	0.09	-0.8	-0.03
Other Stockholder Equity	0.16	0.0	0.09	0.25	-0.27	-0.03	-0.06	-0.61	0.21	0.12	0.12	0.7	0.15	0.36	-0.69	0.91	0.21	0.05	0.57		0.23	-0.05	0.21	0.03	-0.69	0.08
Total Liab	0.98	0.96	0.9	0.94	0.37	0.92	0.92	0.17	0.83	0.71	0.93	0.16	0.93	0.76	-0.63	0.16	0.99	0.85	0.33	0.23		0.85	0.96	0.95	-0.63	0.61
Property Plant And Equipment Gross	0.89	0.85	0.83	0.91	0.61	0.93	0.94	0.45	0.88	0.38	0.9	0.09	0.74	0.56	-0.41	-0.16	0.79	0.97	0.1	-0.05	0.85		0.77	0.9	-0.41	0.76
Total Current Assets	0.91	0.96	0.95	0.86	0.19	0.82	0.87	0.02	0.75	0.81	0.81	0.19	0.99	0.74	-0.46	0.12	0.96	0.72	0.2	0.21	0.96	0.77		0.94	-0.46	0.58
Short Term Debt	0.93	0.97	0.92	0.89	0.34	0.9	0.94	0.21	0.79	0.7	0.87	0.11	0.93	0.66	-0.39	-0.08	0.93	0.84	0.09	0.03	0.95	0.9	0.94		-0.39	0.62
Common Stock	-0.65	-0.41	-0.32	-0.65	-0.37	-0.56	-0.41	-0.05	-0.6	-0.28	-0.69	-0.31	-0.39	-0.58	1.0	-0.67	-0.6	-0.57	-0.8	-0.69	-0.63	-0.41	-0.46	-0.39		-0.27
Short Term Investments	0.64	0.58	0.72	0.77	0.42	0.65	0.77	0.21	0.84	0.0	0.62	0.19	0.55	0.52	-0.27	-0.04	0.51	0.76	-0.03	0.08	0.61	0.76	0.58	0.62	-0.27

Click cells to compare fundamentals

United Airlines Account Relationship Matchups

United Airlines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	52.6B	59.5B	68.2B	67.4B	71.1B	74.7B
Short Long Term Debt Total	20.5B	32.8B	40.2B	36.4B	36.7B	38.6B
Other Current Liab	2.8B	6.7B	9.0B	10.3B	10.5B	11.0B
Total Current Liabilities	14.9B	12.7B	18.3B	20.0B	22.2B	23.3B
Total Stockholder Equity	11.5B	6.0B	5.0B	6.9B	9.3B	9.8B
Property Plant And Equipment Net	34.9B	36.0B	36.7B	38.3B	43.7B	45.9B
Net Debt	17.7B	21.5B	21.9B	29.3B	30.7B	32.2B
Retained Earnings	9.7B	2.6B	625M	1.3B	3.8B	4.0B
Accounts Payable	2.7B	1.6B	2.6B	3.4B	3.8B	4.0B
Cash	2.8B	11.3B	18.3B	7.2B	6.1B	6.4B
Non Current Assets Total	44.4B	44.7B	46.3B	47.3B	52.6B	55.2B
Non Currrent Assets Other	106M	249M	289M	210M	1.3B	684.7M
Cash And Short Term Investments	4.9B	11.7B	18.4B	16.4B	14.4B	15.1B
Net Receivables	1.4B	1.3B	1.7B	1.8B	1.9B	1.2B
Common Stock Shares Outstanding	259.9M	279.4M	321.9M	330.1M	331.9M	194.0M
Liabilities And Stockholders Equity	52.6B	59.5B	68.2B	67.4B	71.1B	74.7B
Non Current Liabilities Total	26.1B	40.9B	44.8B	40.5B	39.6B	41.6B
Inventory	1.1B	932M	983M	1.1B	1.6B	1.6B
Other Current Assets	814M	890M	782M	734M	640M	764.2M
Other Stockholder Equity	2.5B	4.5B	5.3B	5.5B	5.6B	4.4B
Total Liab	41.1B	53.6B	63.1B	60.5B	61.8B	64.9B
Property Plant And Equipment Gross	34.9B	36.0B	36.7B	38.3B	66.4B	69.8B
Total Current Assets	8.2B	14.8B	21.8B	20.1B	18.5B	19.4B
Accumulated Other Comprehensive Income	(718M)	(1.1B)	(942M)	175M	(62M)	(65.1M)
Short Term Debt	2.1B	3.5B	4.5B	3.6B	4.8B	5.1B
Short Term Investments	2.2B	414M	123M	9.2B	8.3B	8.7B
Intangible Assets	3.0B	2.8B	2.8B	2.8B	2.7B	3.1B
Current Deferred Revenue	7.3B	5.7B	8.6B	10.2B	3.1B	4.8B
Other Liab	7.8B	9.7B	8.2B	6.8B	6.1B	8.8B
Other Assets	2.2B	28.9B	948M	3.1B	3.6B	3.0B
Long Term Debt	13.1B	24.8B	30.4B	28.3B	25.1B	26.3B
Treasury Stock	(3.6B)	(3.9B)	(3.8B)	(3.5B)	(3.2B)	(3.0B)
Property Plant Equipment	30.2B	36.0B	36.7B	54.9B	63.2B	66.3B
Retained Earnings Total Equity	9.7B	2.6B	625M	1.3B	1.5B	1.9B
Net Tangible Assets	19.5B	17.4B	(2.3B)	16.3B	18.7B	19.7B
Long Term Debt Total	13.1B	24.8B	30.4B	28.3B	32.5B	18.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

Details

Is United Stock a good investment?

Details

What is United Airlines' Net Worth?

Details

Largest Passenger Airlines Companies

View

Largest Transportation Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. 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.

You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.15)

Earnings Share

8.39

Revenue Per Share

170.467

Quarterly Revenue Growth

0.025

Return On Assets

0.0411

The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

United Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

United Airlines fundamental ratios Correlations

United Airlines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Airlines fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Common Stock	- 0.8	Other Current Assets
Other Current Assets	- 0.8	Common Stock Total Equity
Common Stock	- 0.69	Other Stockholder Equity
Other Stockholder Equity	- 0.69	Common Stock Total Equity
Common Stock	- 0.69	Non Current Assets Total
Common Stock Total Equity	- 0.69	Non Current Assets Total