Uniti Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

UNIT Stock

USD 5.70 0.20 3.39%

Uniti financial indicator trend analysis is much more than just breaking down Uniti Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uniti Group is a good investment. Please check the relationship between Uniti Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uniti 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 gross domestic product.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uniti Group Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Uniti's Common Stock Shares Outstanding and Cash And Short Term Investments is -0.39. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Uniti Group, assuming nothing else is changed. The correlation between historical values of Uniti's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Uniti Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Uniti's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Uniti Group balance sheet. This account contains Uniti investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Uniti Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Uniti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uniti 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 Uniti 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 gross domestic product.

Sales General And Administrative To Revenue is likely to gain to 0.13 in 2025, whereas Selling General Administrative is likely to drop slightly above 75.3 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	1.1B	695.0M	1.2B	711.4M
Total Revenue	1.1B	1.1B	1.2B	808.5M

Gross Profit Total Revenue

Uniti fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Non Current Liabilities Total	Other Stockholder Equity	Net Tangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Cash And Short Term Investments
Total Assets		0.69	0.91	-0.94	1.0	0.75	0.59	0.82	0.77	1.0	0.93	0.89	-0.92	0.85	0.99	-0.09	-0.98	0.89	0.85	0.89	0.17	-0.83	0.81	-0.43	0.91	-0.43
Other Current Liab	0.69		0.71	-0.84	0.69	0.4	0.49	0.54	0.87	0.73	0.56	0.44	-0.62	0.9	0.73	-0.05	-0.72	0.78	0.86	0.79	-0.24	-0.86	0.41	-0.15	0.82	-0.15
Total Current Liabilities	0.91	0.71		-0.92	0.92	0.87	0.81	0.78	0.9	0.93	0.81	0.84	-0.76	0.89	0.89	0.01	-0.94	0.91	0.89	0.96	0.24	-0.93	0.84	-0.5	0.92	-0.5
Total Stockholder Equity	-0.94	-0.84	-0.92		-0.94	-0.72	-0.69	-0.74	-0.86	-0.96	-0.89	-0.74	0.88	-0.93	-0.96	0.07	0.96	-0.92	-0.91	-0.92	0.0	0.93	-0.74	0.3	-0.93	0.3
Non Current Assets Total	1.0	0.69	0.92	-0.94		0.76	0.6	0.83	0.77	0.99	0.92	0.89	-0.92	0.85	0.99	-0.09	-0.98	0.89	0.85	0.89	0.18	-0.83	0.81	-0.44	0.91	-0.44
Non Currrent Assets Other	0.75	0.4	0.87	-0.72	0.76		0.76	0.56	0.7	0.75	0.67	0.8	-0.64	0.69	0.7	-0.18	-0.8	0.7	0.65	0.79	0.33	-0.73	0.91	-0.35	0.71	-0.35
Other Assets	0.59	0.49	0.81	-0.69	0.6	0.76		0.47	0.76	0.63	0.51	0.52	-0.48	0.62	0.56	0.34	-0.69	0.63	0.57	0.69	0.29	-0.74	0.55	-0.5	0.6	-0.5
Net Receivables	0.82	0.54	0.78	-0.74	0.83	0.56	0.47		0.61	0.81	0.74	0.84	-0.71	0.7	0.79	0.17	-0.83	0.71	0.71	0.74	0.4	-0.7	0.7	-0.7	0.78	-0.7
Common Stock Shares Outstanding	0.77	0.87	0.9	-0.86	0.77	0.7	0.76	0.61		0.8	0.6	0.62	-0.61	0.92	0.76	0.03	-0.81	0.86	0.9	0.92	0.05	-0.92	0.61	-0.39	0.88	-0.39
Total Liab	1.0	0.73	0.93	-0.96	0.99	0.75	0.63	0.81	0.8		0.93	0.85	-0.91	0.87	0.99	-0.06	-0.98	0.9	0.88	0.91	0.16	-0.86	0.79	-0.42	0.92	-0.42
Total Current Assets	0.93	0.56	0.81	-0.89	0.92	0.67	0.51	0.74	0.6	0.93		0.76	-0.9	0.72	0.94	-0.13	-0.9	0.81	0.75	0.77	0.12	-0.73	0.75	-0.26	0.81	-0.26
Intangible Assets	0.89	0.44	0.84	-0.74	0.89	0.8	0.52	0.84	0.62	0.85	0.76		-0.75	0.73	0.83	-0.15	-0.89	0.77	0.71	0.8	0.31	-0.71	0.9	-0.52	0.82	-0.52
Common Stock	-0.92	-0.62	-0.76	0.88	-0.92	-0.64	-0.48	-0.71	-0.61	-0.91	-0.9	-0.75		-0.72	-0.94	0.07	0.9	-0.72	-0.69	-0.72	-0.12	0.69	-0.67	0.32	-0.76	0.32
Other Liab	0.85	0.9	0.89	-0.93	0.85	0.69	0.62	0.7	0.92	0.87	0.72	0.73	-0.72		0.85	-0.21	-0.89	0.94	0.97	0.96	-0.14	-0.98	0.73	-0.23	0.97	-0.23
Non Current Liabilities Total	0.99	0.73	0.89	-0.96	0.99	0.7	0.56	0.79	0.76	0.99	0.94	0.83	-0.94	0.85		-0.09	-0.97	0.88	0.85	0.87	0.11	-0.83	0.76	-0.37	0.9	-0.37
Other Stockholder Equity	-0.09	-0.05	0.01	0.07	-0.09	-0.18	0.34	0.17	0.03	-0.06	-0.13	-0.15	0.07	-0.21	-0.09		0.06	-0.21	-0.2	-0.17	0.57	0.1	-0.36	-0.68	-0.2	-0.68
Net Tangible Assets	-0.98	-0.72	-0.94	0.96	-0.98	-0.8	-0.69	-0.83	-0.81	-0.98	-0.9	-0.89	0.9	-0.89	-0.97	0.06		-0.89	-0.86	-0.91	-0.17	0.89	-0.83	0.44	-0.92	0.44
Short Long Term Debt Total	0.89	0.78	0.91	-0.92	0.89	0.7	0.63	0.71	0.86	0.9	0.81	0.77	-0.72	0.94	0.88	-0.21	-0.89		0.98	0.97	-0.11	-0.95	0.77	-0.25	0.98	-0.25
Property Plant And Equipment Net	0.85	0.86	0.89	-0.91	0.85	0.65	0.57	0.71	0.9	0.88	0.75	0.71	-0.69	0.97	0.85	-0.2	-0.86	0.98		0.97	-0.11	-0.95	0.73	-0.25	0.98	-0.25
Current Deferred Revenue	0.89	0.79	0.96	-0.92	0.89	0.79	0.69	0.74	0.92	0.91	0.77	0.8	-0.72	0.96	0.87	-0.17	-0.91	0.97	0.97		0.04	-0.96	0.82	-0.35	0.98	-0.35
Net Debt	0.17	-0.24	0.24	0.0	0.18	0.33	0.29	0.4	0.05	0.16	0.12	0.31	-0.12	-0.14	0.11	0.57	-0.17	-0.11	-0.11	0.04		0.08	0.24	-0.78	-0.05	-0.78
Retained Earnings	-0.83	-0.86	-0.93	0.93	-0.83	-0.73	-0.74	-0.7	-0.92	-0.86	-0.73	-0.71	0.69	-0.98	-0.83	0.1	0.89	-0.95	-0.95	-0.96	0.08		-0.74	0.29	-0.96	0.29
Accounts Payable	0.81	0.41	0.84	-0.74	0.81	0.91	0.55	0.7	0.61	0.79	0.75	0.9	-0.67	0.73	0.76	-0.36	-0.83	0.77	0.73	0.82	0.24	-0.74		-0.3	0.8	-0.3
Cash	-0.43	-0.15	-0.5	0.3	-0.44	-0.35	-0.5	-0.7	-0.39	-0.42	-0.26	-0.52	0.32	-0.23	-0.37	-0.68	0.44	-0.25	-0.25	-0.35	-0.78	0.29	-0.3		-0.3	1.0
Long Term Debt	0.91	0.82	0.92	-0.93	0.91	0.71	0.6	0.78	0.88	0.92	0.81	0.82	-0.76	0.97	0.9	-0.2	-0.92	0.98	0.98	0.98	-0.05	-0.96	0.8	-0.3		-0.3
Cash And Short Term Investments	-0.43	-0.15	-0.5	0.3	-0.44	-0.35	-0.5	-0.7	-0.39	-0.42	-0.26	-0.52	0.32	-0.23	-0.37	-0.68	0.44	-0.25	-0.25	-0.35	-0.78	0.29	-0.3	1.0	-0.3

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Uniti Account Relationship Matchups

Uniti fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.7B	4.8B	4.9B	5.0B	5.3B	3.8B
Other Current Liab	55.8M	350.5M	372.4M	333.8M	383.8M	403.0M
Total Current Liabilities	1.7B	1.6B	1.7B	1.7B	1.4B	1.0B
Total Stockholder Equity	(2.1B)	(2.1B)	(2.3B)	(2.5B)	(2.5B)	(2.3B)
Non Current Assets Total	4.5B	4.7B	4.7B	4.8B	5.0B	3.6B
Non Currrent Assets Other	142.3M	119.2M	77.6M	78.1M	40.6M	54.2M
Other Assets	325.4M	224.7M	182.5M	153.3M	69.0M	88.2M
Net Receivables	76.1M	79.8M	111.2M	137.3M	51.4M	72.8M
Common Stock Shares Outstanding	203.6M	264.1M	235.6M	236.4M	237.3M	208.7M
Total Liab	6.8B	6.9B	7.1B	7.5B	7.7B	5.3B
Total Current Assets	246.9M	138.7M	155.0M	268.2M	235.3M	169.5M
Intangible Assets	390.7M	364.6M	334.8M	305.1M	275.4M	278.7M
Common Stock	18K	19K	23K	24K	21.6K	20.5K
Other Liab	1.1B	1.0B	1.6B	1.6B	1.8B	1.9B
Liabilities And Stockholders Equity	4.7B	4.8B	4.9B	5.0B	5.3B	4.1B
Non Current Liabilities Total	5.1B	5.3B	5.4B	5.8B	6.3B	4.6B
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	(2.5B)	(2.3B)
Net Tangible Assets	(2.8B)	(3.1B)	(3.1B)	(3.0B)	(2.7B)	(2.8B)
Short Long Term Debt Total	5.4B	5.1B	5.3B	5.6B	6.5B	5.3B
Property Plant And Equipment Net	3.3B	3.5B	3.8B	4.1B	4.4B	3.7B
Current Deferred Revenue	995.1M	1.1B	1.2B	1.3B	1.4B	952.3M
Noncontrolling Interest In Consolidated Entity	92.4M	83.7M	69.2M	14.0M	16.1M	15.3M
Net Debt	4.8B	5.0B	5.2B	5.6B	(183.8M)	(174.7M)
Retained Earnings	(3.3B)	(3.3B)	(3.5B)	(3.7B)	(3.7B)	(3.9B)
Accounts Payable	146.1M	86.9M	122.2M	119.3M	89.7M	111.6M
Cash	77.5M	58.9M	43.8M	62.3M	183.8M	193.0M
Long Term Debt	4.8B	5.1B	5.2B	5.5B	5.8B	5.3B
Cash And Short Term Investments	77.5M	58.9M	43.8M	62.3M	183.8M	193.0M
Retained Earnings Total Equity	(2.4B)	(2.5B)	(3.3B)	(3.3B)	(3.0B)	(3.2B)
Long Term Debt Total	4.9B	5.0B	4.8B	5.1B	5.9B	5.0B
Capital Surpluse	757.5M	951.3M	1.2B	1.2B	1.4B	773.1M
Other Current Assets	(153.6M)	(138.7M)	(155.0M)	68.6M	78.9M	82.8M
Deferred Long Term Liab	778.7M	1.1B	1.0B	1.1B	1.3B	769.5M
Accumulated Other Comprehensive Income	(20.4M)	(9.2M)	(3.5B)	(274K)	(634K)	(665.7K)

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