Uniteds Book Value Per Share vs Price To Sales Ratio Analysis

UNC Stock

CAD 130.55 0.37 0.28%

Uniteds financial indicator trend analysis is much more than just breaking down Uniteds Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uniteds Limited is a good investment. Please check the relationship between Uniteds Book Value Per Share and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uniteds Limited. 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.

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniteds Limited Book Value Per Share account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Uniteds' Book Value Per Share and Price To Sales Ratio is -0.5. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Uniteds Limited, assuming nothing else is changed. The correlation between historical values of Uniteds' Book Value Per Share and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Uniteds Limited are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Book Value Per Share i.e., Uniteds' Book Value Per Share and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Uniteds Limited stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Uniteds sales, a figure that is much harder to manipulate than other Uniteds Limited multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Uniteds' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uniteds Limited 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 Uniteds Limited. 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.

At this time, Uniteds' Tax Provision is very stable compared to the past year. As of the 4th of December 2024, Enterprise Value Over EBITDA is likely to grow to 36.50, while Selling General Administrative is likely to drop about 1.2 M.

	2021	2022	2023	2024 (projected)
Interest Income	329K	1.9M	2.5M	1.3M
Net Interest Income	329K	923K	2.3M	2.4M

Interest Income Net Interest Income

Uniteds fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Net Debt	Cash	Non Current Assets Total	Other Current Assets	Non Currrent Assets Other	Other Liab	Net Tangible Assets	Long Term Investments	Cash And Equivalents	Capital Stock
Total Assets		0.12	0.44	1.0	0.86	0.5	-0.11	-0.42	0.66	-0.1	-0.36	-0.36	0.56	-0.4	0.1	0.46	-0.79	0.82	0.83	0.18	-0.76	-0.61	0.83	0.78	0.24	-0.09
Other Current Liab	0.12		0.54	0.13	0.1	0.36	0.26	0.17	-0.06	0.08	0.4	-0.02	-0.01	0.18	-0.04	0.13	-0.26	0.27	-0.03	0.08	0.16	-0.14	0.2	0.18	0.23	0.02
Total Current Liabilities	0.44	0.54		0.44	0.39	0.66	0.16	-0.16	0.18	0.01	0.09	0.02	0.36	-0.15	0.16	0.29	-0.67	0.68	0.19	-0.08	-0.07	-0.32	0.52	0.49	0.45	-0.02
Total Stockholder Equity	1.0	0.13	0.44		0.86	0.49	-0.09	-0.4	0.65	-0.11	-0.34	-0.38	0.52	-0.39	0.08	0.47	-0.8	0.84	0.82	0.2	-0.76	-0.63	0.83	0.78	0.24	-0.09
Retained Earnings	0.86	0.1	0.39	0.86		0.33	-0.31	-0.43	0.53	-0.59	-0.31	-0.57	0.45	-0.41	0.1	0.48	-0.82	0.73	0.78	0.13	-0.85	-0.77	0.88	0.83	0.07	-0.57
Accounts Payable	0.5	0.36	0.66	0.49	0.33		0.32	-0.22	0.05	0.22	-0.22	0.18	0.42	-0.2	0.39	0.69	-0.5	0.55	0.15	0.08	-0.11	-0.12	0.25	0.25	0.51	0.24
Other Assets	-0.11	0.26	0.16	-0.09	-0.31	0.32		0.53	-0.51	0.43	0.31	0.1	-0.38	0.55	-0.15	0.26	-0.02	0.12	-0.59	0.42	0.32	0.02	-0.16	-0.11	0.66	0.45
Cash And Short Term Investments	-0.42	0.17	-0.16	-0.4	-0.43	-0.22	0.53		-0.53	0.05	0.84	0.14	-0.49	1.0	-0.71	-0.17	0.15	-0.14	-0.42	0.1	0.43	0.11	-0.15	-0.14	-0.06	0.07
Common Stock Total Equity	0.66	-0.06	0.18	0.65	0.53	0.05	-0.51	-0.53		-0.06	-0.41	-0.38	0.59	-0.53	-0.1	0.13	-0.3	0.33	0.79	-0.11	-0.43	-0.34	0.53	0.49	-0.11	-0.11
Common Stock Shares Outstanding	-0.1	0.08	0.01	-0.11	-0.59	0.22	0.43	0.05	-0.06		-0.04	0.6	0.0	0.04	0.17	-0.17	0.34	-0.12	-0.28	-0.01	0.45	0.56	-0.45	-0.43	0.35	0.99
Short Term Investments	-0.36	0.4	0.09	-0.34	-0.31	-0.22	0.31	0.84	-0.41	-0.04		0.07	-0.58	0.84	-0.69	-0.15	-0.04	0.03	-0.3	0.09	0.39	-0.09	0.06	0.03	-0.18	-0.07
Other Stockholder Equity	-0.36	-0.02	0.02	-0.38	-0.57	0.18	0.1	0.14	-0.38	0.6	0.07		0.19	0.13	0.35	-0.36	0.43	-0.35	-0.29	-0.59	0.6	0.79	-0.53	-0.51	0.14	0.65
Total Liab	0.56	-0.01	0.36	0.52	0.45	0.42	-0.38	-0.49	0.59	0.0	-0.58	0.19		-0.49	0.37	0.03	-0.22	0.21	0.63	-0.55	-0.25	0.12	0.28	0.3	0.16	0.04
Total Current Assets	-0.4	0.18	-0.15	-0.39	-0.41	-0.2	0.55	1.0	-0.53	0.04	0.84	0.13	-0.49		-0.72	-0.14	0.13	-0.12	-0.42	0.13	0.42	0.09	-0.13	-0.12	-0.05	0.07
Common Stock	0.1	-0.04	0.16	0.08	0.1	0.39	-0.15	-0.71	-0.1	0.17	-0.69	0.35	0.37	-0.72		0.1	0.03	-0.03	-0.04	-0.28	-0.14	0.24	-0.22	-0.2	0.39	0.21
Net Receivables	0.46	0.13	0.29	0.47	0.48	0.69	0.26	-0.17	0.13	-0.17	-0.15	-0.36	0.03	-0.14	0.1		-0.5	0.49	0.14	0.37	-0.34	-0.56	0.39	0.38	0.37	-0.16
Net Debt	-0.79	-0.26	-0.67	-0.8	-0.82	-0.5	-0.02	0.15	-0.3	0.34	-0.04	0.43	-0.22	0.13	0.03	-0.5		-0.97	-0.57	-0.29	0.71	0.81	-0.89	-0.81	-0.23	0.34
Cash	0.82	0.27	0.68	0.84	0.73	0.55	0.12	-0.14	0.33	-0.12	0.03	-0.35	0.21	-0.12	-0.03	0.49	-0.97		0.56	0.33	-0.66	-0.73	0.84	0.77	0.3	-0.12
Non Current Assets Total	0.83	-0.03	0.19	0.82	0.78	0.15	-0.59	-0.42	0.79	-0.28	-0.3	-0.29	0.63	-0.42	-0.04	0.14	-0.57	0.56		-0.11	-0.71	-0.44	0.74	0.68	-0.24	-0.27
Other Current Assets	0.18	0.08	-0.08	0.2	0.13	0.08	0.42	0.1	-0.11	-0.01	0.09	-0.59	-0.55	0.13	-0.28	0.37	-0.29	0.33	-0.11		-0.29	-0.44	0.18	0.16	-0.05	-0.05
Non Currrent Assets Other	-0.76	0.16	-0.07	-0.76	-0.85	-0.11	0.32	0.43	-0.43	0.45	0.39	0.6	-0.25	0.42	-0.14	-0.34	0.71	-0.66	-0.71	-0.29		0.71	-0.69	-0.63	0.02	0.43
Other Liab	-0.61	-0.14	-0.32	-0.63	-0.77	-0.12	0.02	0.11	-0.34	0.56	-0.09	0.79	0.12	0.09	0.24	-0.56	0.81	-0.73	-0.44	-0.44	0.71		-0.83	-0.74	-0.11	0.58
Net Tangible Assets	0.83	0.2	0.52	0.83	0.88	0.25	-0.16	-0.15	0.53	-0.45	0.06	-0.53	0.28	-0.13	-0.22	0.39	-0.89	0.84	0.74	0.18	-0.69	-0.83		0.96	0.07	-0.46
Long Term Investments	0.78	0.18	0.49	0.78	0.83	0.25	-0.11	-0.14	0.49	-0.43	0.03	-0.51	0.3	-0.12	-0.2	0.38	-0.81	0.77	0.68	0.16	-0.63	-0.74	0.96		0.12	-0.44
Cash And Equivalents	0.24	0.23	0.45	0.24	0.07	0.51	0.66	-0.06	-0.11	0.35	-0.18	0.14	0.16	-0.05	0.39	0.37	-0.23	0.3	-0.24	-0.05	0.02	-0.11	0.07	0.12		0.39
Capital Stock	-0.09	0.02	-0.02	-0.09	-0.57	0.24	0.45	0.07	-0.11	0.99	-0.07	0.65	0.04	0.07	0.21	-0.16	0.34	-0.12	-0.27	-0.05	0.43	0.58	-0.46	-0.44	0.39

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Uniteds Account Relationship Matchups

Uniteds fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	2.2B	2.1B	2.0B	2.3B	1.4B
Other Current Liab	(3.8M)	2.7M	(7.9M)	(6.8M)	(10.3M)	(9.8M)
Total Current Liabilities	9.6M	48.1M	15.0M	13.0M	16.4M	12.8M
Total Stockholder Equity	1.7B	2.1B	2.0B	1.9B	2.2B	1.3B
Retained Earnings	1.1B	1.5B	1.5B	1.4B	1.7B	1.8B
Accounts Payable	3.8M	9.4M	7.9M	6.8M	1.7M	1.6M
Other Assets	608.7M	201.3M	124.2M	370.6M	(317.7M)	(301.9M)
Cash And Short Term Investments	43.9M	99.3M	68.4M	66.4M	55.0M	52.3M
Common Stock Shares Outstanding	12.2M	12.1M	12.1M	11.8M	11.5M	9.7M
Short Term Investments	(605.1M)	(197.5M)	(120.8M)	(368.0M)	(331.2M)	(314.6M)
Liabilities And Stockholders Equity	1.7B	2.2B	2.1B	2.0B	2.3B	1.4B
Total Liab	29.4M	80.8M	32.7M	13.0M	86.6M	44.6M
Total Current Assets	58.2M	102.9M	82.8M	88.0M	61.5M	58.4M
Common Stock	537.9M	536.7M	535.9M	515.0M	493.7M	531.6M
Net Receivables	10.6M	3.7M	13.4M	11.5M	6.5M	8.0M
Net Debt	(40.3M)	(95.5M)	(65.0M)	(63.8M)	(55.0M)	(52.3M)
Cash	43.9M	99.3M	68.4M	66.4M	55.0M	28.0M
Non Current Assets Total	1.0B	1.8B	1.8B	1.5B	2.6B	1.5B
Non Currrent Assets Other	(2.3B)	(2.4B)	(2.2B)	(2.3B)	(2.2B)	(2.3B)
Other Liab	48.1M	19.9M	32.7M	17.7M	15.9M	15.1M
Net Tangible Assets	1.7B	2.1B	2.0B	1.9B	2.2B	1.9B
Long Term Investments	1.6B	2.0B	2.0B	1.9B	2.2B	1.9B
Cash And Equivalents	12.2M	43.8M	43.9M	25.0M	20M	0.0
Capital Stock	537.9M	536.7M	535.9M	515.0M	499.9M	422.2M

Pair Trading with Uniteds

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Uniteds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Uniteds will appreciate offsetting losses from the drop in the long position's value.

Moving together with Uniteds Stock

0.79

EVT

Economic Investment Trust

Pair Corr

The ability to find closely correlated positions to Uniteds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniteds when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Uniteds - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Uniteds Limited to buy it.

The correlation of Uniteds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uniteds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniteds Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Uniteds can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Uniteds Stock

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

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Uniteds Book Value Per Share vs Price To Sales Ratio Analysis

Book Value Per Share vs Price To Sales Ratio

Book Value Per Share vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Book Value Per Share

Price To Sales Ratio

Uniteds fundamental ratios Correlations

Uniteds Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Uniteds fundamental ratios Accounts

Pair Trading with Uniteds

Moving together with Uniteds Stock

Other Information on Investing in Uniteds Stock

COMMON DESTINATIONS

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Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Capital Stock	+ 0.99	Common Stock Shares Outstanding
Long Term Investments	+ 0.96	Net Tangible Assets
Net Tangible Assets	+ 0.88	Retained Earnings
Retained Earnings	+ 0.86	Total Assets

Cash	- 0.97	Net Debt
Net Tangible Assets	- 0.89	Net Debt
Non Currrent Assets Other	- 0.85	Retained Earnings
Net Tangible Assets	- 0.83	Other Liab
Net Debt	- 0.82	Retained Earnings
Long Term Investments	- 0.81	Net Debt