United Retained Earnings vs Property Plant Equipment Analysis
UMC Stock | USD 6.56 0.13 1.94% |
United Microelectronics financial indicator trend analysis is much more than just breaking down United Microelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Microelectronics is a good investment. Please check the relationship between United Microelectronics Retained Earnings and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.
Retained Earnings vs Property Plant Equipment
Retained Earnings vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Microelectronics Retained Earnings account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between United Microelectronics' Retained Earnings and Property Plant Equipment is 0.65. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of United Microelectronics, assuming nothing else is changed. The correlation between historical values of United Microelectronics' Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of United Microelectronics are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., United Microelectronics' Retained Earnings and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Property Plant Equipment
Most indicators from United Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Microelectronics 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 Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.At present, United Microelectronics' Enterprise Value Over EBITDA is projected to drop based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.78, whereas Selling General Administrative is forecasted to decline to about 5.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.0B | 125.8B | 77.7B | 81.6B | Total Revenue | 213.0B | 278.7B | 222.5B | 144.7B |
United Microelectronics fundamental ratios Correlations
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United Microelectronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Microelectronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 370.2B | 377.5B | 464.4B | 533.1B | 546.6B | 375.7B | |
Short Long Term Debt Total | 65.9B | 41.4B | 46.8B | 45.6B | 64.2B | 53.3B | |
Other Current Liab | 50.3B | 57.7B | 93.1B | 87.7B | 57.7B | 60.5B | |
Total Current Liabilities | 72.7B | 78.2B | 105.5B | 108.6B | 99.0B | 58.3B | |
Total Stockholder Equity | 206.8B | 235.7B | 281.0B | 335.1B | 359.2B | 253.7B | |
Property Plant And Equipment Net | 158.9B | 141.1B | 145.4B | 198.0B | 246.1B | 175.5B | |
Current Deferred Revenue | 988.1M | 2.0B | 3.4B | 3.5B | 13.1B | 12.5B | |
Net Debt | (29.6B) | (52.6B) | (85.8B) | (128.2B) | (68.4B) | (65.0B) | |
Retained Earnings | 60.8B | 56.6B | 91.5B | 175.8B | 209.6B | 220.1B | |
Accounts Payable | 8.9B | 7.9B | 8.4B | 9.0B | 7.5B | 6.7B | |
Cash | 95.5B | 94.0B | 132.6B | 173.8B | 132.6B | 87.0B | |
Non Current Assets Total | 216.4B | 213.2B | 231.2B | 280.7B | 329.8B | 238.6B | |
Non Currrent Assets Other | 3.2B | 3.8B | 4.2B | 8.5B | 17.6B | 13.7B | |
Cash And Short Term Investments | 96.2B | 109.6B | 170.9B | 178.6B | 144.9B | 92.7B | |
Net Receivables | 26.6B | 27.5B | 36.4B | 37.3B | 33.2B | 22.1B | |
Common Stock Shares Outstanding | 13.2B | 12.5B | 12.5B | 12.7B | 12.4B | 13.0B | |
Short Term Investments | 722.8M | 15.5B | 38.3B | 4.8B | 12.3B | 12.9B | |
Liabilities And Stockholders Equity | 370.2B | 377.5B | 464.4B | 533.1B | 546.6B | 375.7B | |
Non Current Liabilities Total | 90.3B | 63.5B | 77.8B | 89.0B | 101.0B | 58.6B | |
Inventory | 21.7B | 22.6B | 23.0B | 31.1B | 35.7B | 37.5B | |
Other Current Assets | 2.9B | 21.0B | 3.0B | 5.4B | 3.0B | 3.4B | |
Other Stockholder Equity | 39.8B | 42.5B | 41.4B | 6.0B | 20.7B | 28.4B | |
Total Liab | 163.0B | 141.7B | 183.2B | 197.6B | 202.9B | 117.0B | |
Property Plant And Equipment Gross | 158.7B | 141.1B | 986.1B | 1.1T | 1.2T | 1.2T | |
Total Current Assets | 153.8B | 164.3B | 233.3B | 252.4B | 216.8B | 137.2B | |
Accumulated Other Comprehensive Income | (11.0B) | 11.7B | 16.8B | 21.9B | 3.6B | 6.8B | |
Short Term Debt | 12.6B | 11.6B | 2.5B | 537.3M | 14.0B | 8.5B | |
Intangible Assets | 5.2B | 4.9B | 3.6B | 4.3B | 4.4B | 2.6B | |
Common Stock | 117.2B | 124.2B | 124.8B | 125.0B | 125.3B | 107.4B | |
Other Liab | 36.9B | 33.7B | 33.4B | 44.0B | 50.6B | 53.1B | |
Other Assets | 11.2B | 11.2B | 4.2B | 13.5B | (13.5B) | (12.8B) | |
Long Term Debt | 47.9B | 24.8B | 39.8B | 39.9B | 45.2B | 47.5B | |
Property Plant Equipment | 158.7B | 140.5B | 137.1B | 198.0B | 227.7B | 239.1B | |
Long Term Investments | 37.6B | 56.6B | 72.5B | 64.9B | 61.6B | 45.7B | |
Short Long Term Debt | 36.8B | 38.0B | 1.9B | 13.5B | 12.2B | 19.7B | |
Net Tangible Assets | 201.6B | 230.8B | 277.3B | 330.8B | 380.5B | 229.0B | |
Long Term Debt Total | 53.3B | 29.8B | 44.3B | 45.1B | 40.6B | 40.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Semiconductors & Semiconductor Equipment 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 Microelectronics. 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 Microelectronics 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 (0.09) | Dividend Share 3 | Earnings Share 0.64 | Revenue Per Share 93.08 | Quarterly Revenue Growth 0.06 |
The market value of United Microelectronics 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 Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' 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 Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' 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 Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' 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.