United Free Cash Flow Yield vs Free Cash Flow Analysis

UFCS Stock  USD 28.45  0.08  0.28%   
United Fire financial indicator trend analysis is much more than just breaking down United Fire Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Fire Group is a good investment. Please check the relationship between United Fire Free Cash Flow Yield 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 Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Free Cash Flow Yield vs Free Cash Flow

Free Cash Flow Yield vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Fire Group Free Cash Flow Yield account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between United Fire's Free Cash Flow Yield and Free Cash Flow is 0.73. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of United Fire Group, assuming nothing else is changed. The correlation between historical values of United Fire's Free Cash Flow Yield 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 Free Cash Flow Yield of United Fire Group 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 Free Cash Flow Yield i.e., United Fire's Free Cash Flow Yield and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 Fire's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Fire Group 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 Fire Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Discontinued Operations is expected to grow to about 30.7 M this year, despite the fact that Tax Provision is likely to grow to (11.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.1B980.3M1.1B634.4M
Total Revenue1.1B980.3M1.1B635.1M

United Fire fundamental ratios Correlations

0.090.87-0.850.670.640.840.680.890.67-0.02-0.23-0.580.42-0.040.380.410.630.530.61-0.84-0.83-0.4-0.840.1-0.09
0.090.130.170.18-0.360.35-0.220.3-0.190.660.460.350.430.660.70.170.540.540.0-0.39-0.38-0.37-0.390.480.34
0.870.13-0.720.930.360.850.280.910.330.30.01-0.310.680.250.670.120.570.460.4-0.87-0.88-0.2-0.870.450.13
-0.850.17-0.72-0.52-0.65-0.69-0.64-0.7-0.550.220.310.63-0.190.24-0.14-0.5-0.65-0.6-0.720.660.640.180.660.110.15
0.670.180.93-0.520.110.760.00.830.150.490.17-0.090.730.440.78-0.090.450.330.2-0.8-0.81-0.2-0.80.620.35
0.64-0.360.36-0.650.110.240.660.420.7-0.66-0.88-0.98-0.33-0.7-0.310.520.120.080.55-0.22-0.19-0.06-0.22-0.5-0.54
0.840.350.85-0.690.760.240.390.850.450.410.2-0.20.70.40.670.310.80.710.53-0.99-0.99-0.58-0.990.40.26
0.68-0.220.28-0.640.00.660.390.340.9-0.52-0.36-0.59-0.13-0.46-0.290.510.310.290.6-0.34-0.32-0.41-0.34-0.44-0.33
0.890.30.91-0.70.830.420.850.340.440.22-0.08-0.420.530.180.640.330.60.490.49-0.88-0.87-0.39-0.880.330.1
0.67-0.190.33-0.550.150.70.450.90.44-0.44-0.44-0.63-0.14-0.4-0.20.460.220.170.57-0.4-0.38-0.56-0.4-0.34-0.23
-0.020.660.30.220.49-0.660.41-0.520.22-0.440.790.690.820.990.86-0.430.40.37-0.36-0.46-0.48-0.32-0.460.850.68
-0.230.460.010.310.17-0.880.2-0.36-0.08-0.440.790.90.650.840.54-0.40.240.25-0.32-0.22-0.24-0.22-0.220.620.63
-0.580.35-0.310.63-0.09-0.98-0.2-0.59-0.42-0.630.690.90.380.730.33-0.55-0.1-0.06-0.550.180.150.030.180.560.52
0.420.430.68-0.190.73-0.330.7-0.130.53-0.140.820.650.380.810.85-0.340.510.44-0.13-0.75-0.77-0.31-0.750.770.53
-0.040.660.250.240.44-0.70.4-0.460.18-0.40.990.840.730.810.82-0.430.40.38-0.35-0.44-0.47-0.37-0.440.820.7
0.380.70.67-0.140.78-0.310.67-0.290.64-0.20.860.540.330.850.82-0.130.580.51-0.01-0.72-0.74-0.29-0.720.840.53
0.410.170.12-0.5-0.090.520.310.510.330.46-0.43-0.4-0.55-0.34-0.43-0.130.450.460.91-0.25-0.21-0.12-0.25-0.42-0.36
0.630.540.57-0.650.450.120.80.310.60.220.40.24-0.10.510.40.580.450.990.53-0.78-0.77-0.49-0.780.270.24
0.530.540.46-0.60.330.080.710.290.490.170.370.25-0.060.440.380.510.460.990.51-0.69-0.68-0.46-0.690.220.23
0.610.00.4-0.720.20.550.530.60.490.57-0.36-0.32-0.55-0.13-0.35-0.010.910.530.51-0.46-0.42-0.16-0.46-0.28-0.25
-0.84-0.39-0.870.66-0.8-0.22-0.99-0.34-0.88-0.4-0.46-0.220.18-0.75-0.44-0.72-0.25-0.78-0.69-0.461.00.581.0-0.43-0.3
-0.83-0.38-0.880.64-0.81-0.19-0.99-0.32-0.87-0.38-0.48-0.240.15-0.77-0.47-0.74-0.21-0.77-0.68-0.421.00.571.0-0.45-0.33
-0.4-0.37-0.20.18-0.2-0.06-0.58-0.41-0.39-0.56-0.32-0.220.03-0.31-0.37-0.29-0.12-0.49-0.46-0.160.580.570.58-0.07-0.41
-0.84-0.39-0.870.66-0.8-0.22-0.99-0.34-0.88-0.4-0.46-0.220.18-0.75-0.44-0.72-0.25-0.78-0.69-0.461.01.00.58-0.43-0.3
0.10.480.450.110.62-0.50.4-0.440.33-0.340.850.620.560.770.820.84-0.420.270.22-0.28-0.43-0.45-0.07-0.430.33
-0.090.340.130.150.35-0.540.26-0.330.1-0.230.680.630.520.530.70.53-0.360.240.23-0.25-0.3-0.33-0.41-0.30.33
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United Fire Account Relationship Matchups

United Fire fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.1B3.0B2.9B3.1B2.3B
Total Stockholder Equity910.5M825.1M879.1M740.1M733.7M531.5M
Net Debt(104.9M)(37.9M)(82.1M)(46.7M)(52.0M)(54.6M)
Retained Earnings697.1M555.9M621.4M620.6M574.7M345.6M
Other Assets269.6M268.6M326.2M2.1B(1.3B)(1.3B)
Common Stock Shares Outstanding25.6M25.0M25.1M25.3M25.2M25.9M
Liabilities And Stockholders Equity3.0B3.1B3.0B2.9B3.1B2.3B
Non Current Liabilities Total20.6M74.9M76.8M50M2.3B1.8B
Other Stockholder Equity200.2M202.4M203.4M207.0M210.0M108.6M
Total Liab20.6M74.9M76.8M2.1B2.4B1.6B
Property Plant And Equipment Net117.0M129.9M137.7M133.1M134.2M141.0M
Non Current Assets Total2.2B2.2B2.1B154.0M3.9B4.1B
Non Currrent Assets Other(72.6M)(66.8M)(55.1M)(1.7B)1.9B2.0B
Net Receivables449.2M544.0M477.0M365.7M464.8M488.0M
Property Plant And Equipment Gross69.0M97.2M117.0M129.9M149.4M156.8M
Total Current Assets570.1M632.1M609.3M580.1M594.6M427.2M
Intangible Assets7.5M6.7M6.0M5.3M4.6M6.7M
Cash120.7M87.9M132.1M96.7M102.0M132.1M
Cash And Short Term Investments120.9M88.1M132.4M96.9M102.1M138.0M
Other Current Assets569.5M518.7M558.7M11.3M27.7M //window.location = "/error404.html";