Unity Other Liab vs Short Long Term Debt Total Analysis

UNTY Stock  USD 47.50  0.69  1.47%   
Unity Bancorp financial indicator trend analysis is much more than just breaking down Unity Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Bancorp is a good investment. Please check the relationship between Unity Bancorp Other Liab and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.

Other Liab vs Short Long Term Debt Total

Other Liab vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Bancorp Other Liab account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unity Bancorp's Other Liab and Short Long Term Debt Total is -0.26. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Unity Bancorp, assuming nothing else is changed. The correlation between historical values of Unity Bancorp's Other Liab and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Unity Bancorp are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Liab i.e., Unity Bancorp's Other Liab and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Short Long Term Debt Total

Most indicators from Unity Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Bancorp 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 Unity Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.At this time, Unity Bancorp's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.40 in 2024, whereas Tax Provision is likely to drop slightly above 9.8 M in 2024.
 2022 2023 2024 (projected)
Interest Expense10.6M48.5M50.9M
Depreciation And Amortization1.4M2.4M1.3M

Unity Bancorp fundamental ratios Correlations

0.830.71-0.640.990.640.560.950.58-0.460.630.640.320.60.980.690.65-0.671.00.940.090.780.78-0.080.80.16
0.830.64-0.530.790.590.780.750.62-0.510.570.580.210.570.810.60.62-0.470.840.690.10.650.64-0.260.750.21
0.710.64-0.940.750.130.060.830.96-0.170.960.96-0.40.510.770.10.95-0.640.70.62-0.070.280.21-0.410.820.22
-0.64-0.53-0.94-0.68-0.190.07-0.75-0.930.1-0.99-0.990.5-0.45-0.67-0.12-0.990.61-0.64-0.560.06-0.28-0.220.33-0.66-0.1
0.990.790.75-0.680.570.480.970.62-0.420.660.680.260.560.980.610.68-0.660.980.950.060.750.74-0.110.810.18
0.640.590.13-0.190.570.690.420.09-0.570.150.170.530.340.510.890.22-0.340.650.60.310.930.930.180.290.0
0.560.780.060.070.480.690.380.03-0.48-0.04-0.020.650.420.490.690.03-0.240.560.450.20.690.720.00.40.12
0.950.750.83-0.750.970.420.380.71-0.270.740.760.120.570.980.430.75-0.710.940.920.00.630.6-0.210.860.15
0.580.620.96-0.930.620.090.030.71-0.150.970.96-0.550.460.630.020.96-0.520.580.5-0.080.170.1-0.520.720.22
-0.46-0.51-0.170.1-0.42-0.57-0.48-0.27-0.15-0.12-0.11-0.37-0.09-0.41-0.71-0.14-0.11-0.46-0.35-0.24-0.57-0.58-0.05-0.26-0.53
0.630.570.96-0.990.660.15-0.040.740.97-0.121.0-0.540.460.660.080.99-0.580.620.54-0.070.230.16-0.410.680.15
0.640.580.96-0.990.680.17-0.020.760.96-0.111.0-0.510.440.670.091.0-0.590.640.55-0.050.260.2-0.390.690.09
0.320.21-0.40.50.260.530.650.12-0.55-0.37-0.54-0.510.040.250.65-0.490.010.330.360.270.580.650.460.02-0.04
0.60.570.51-0.450.560.340.420.570.46-0.090.460.440.040.560.410.47-0.80.60.59-0.060.360.34-0.210.530.27
0.980.810.77-0.670.980.510.490.980.63-0.410.660.670.250.560.560.67-0.670.980.920.020.710.69-0.150.880.2
0.690.60.1-0.120.610.890.690.430.02-0.710.080.090.650.410.560.15-0.270.70.610.260.850.880.280.270.2
0.650.620.95-0.990.680.220.030.750.96-0.140.991.0-0.490.470.670.15-0.590.650.54-0.040.280.22-0.370.680.1
-0.67-0.47-0.640.61-0.66-0.34-0.24-0.71-0.52-0.11-0.58-0.590.01-0.8-0.67-0.27-0.59-0.67-0.670.11-0.42-0.390.26-0.70.11
1.00.840.7-0.640.980.650.560.940.58-0.460.620.640.330.60.980.70.65-0.670.940.090.790.78-0.080.80.16
0.940.690.62-0.560.950.60.450.920.5-0.350.540.550.360.590.920.610.54-0.670.940.040.750.75-0.120.730.16
0.090.1-0.070.060.060.310.20.0-0.08-0.24-0.07-0.050.27-0.060.020.26-0.040.110.090.040.210.230.62-0.15-0.2
0.780.650.28-0.280.750.930.690.630.17-0.570.230.260.580.360.710.850.28-0.420.790.750.210.990.150.470.11
0.780.640.21-0.220.740.930.720.60.1-0.580.160.20.650.340.690.880.22-0.390.780.750.230.990.190.440.07
-0.08-0.26-0.410.33-0.110.180.0-0.21-0.52-0.05-0.41-0.390.46-0.21-0.150.28-0.370.26-0.08-0.120.620.150.19-0.44-0.18
0.80.750.82-0.660.810.290.40.860.72-0.260.680.690.020.530.880.270.68-0.70.80.73-0.150.470.44-0.440.22
0.160.210.22-0.10.180.00.120.150.22-0.530.150.09-0.040.270.20.20.10.110.160.16-0.20.110.07-0.180.22
Click cells to compare fundamentals

Unity Bancorp Account Relationship Matchups

Unity Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.9B2.0B2.4B2.6B2.7B
Short Long Term Debt Total293.3M250.3M50.3M393.3M366.7M385.1M
Other Current Liab(455K)160.0M423K342.4M1.3B1.3B
Total Current Liabilities455K283K129K691K(1.9M)(1.8M)
Total Stockholder Equity160.7M169.2M205.7M239.2M261.4M274.5M
Property Plant And Equipment Net21.3M20.5M19.9M20.0M24.8M14.9M
Net Debt272.2M228.7M24.3M373.6M172.0M87.7M
Retained Earnings70.4M84.2M123.0M157.0M191.1M200.7M
Accounts Payable455K248K129K691K1.9M2.0M
Cash21.1M21.6M26.1M19.7M20.7M23.6M
Non Current Assets Total89.4M72.4M100.8M33.9M2.3B2.4B
Non Currrent Assets Other(5.6M)(9.2M)(10.0M)(140.9M)2.1B2.2B
Other Assets1.5B1.8B1.8B2.3B156.6M148.8M
Cash And Short Term Investments85.4M70.3M82.5M115.1M112.4M118.1M
Net Receivables7.0M10.2M9.6M13.4M13.6M14.3M
Common Stock Shares Outstanding11.0M10.8M10.5M10.7M10.3M9.2M
Liabilities And Stockholders Equity1.7B1.9B2.0B2.4B2.6B2.7B
Non Current Liabilities Total293.3M250.3M51.7M691K2.3B2.4B
Other Stockholder Equity15.8M(7.4M)(11.6M)(11.7M)(27.4M)(26.0M)
Total Liab1.6B1.8B1.8B2.2B2.3B2.4B
Property Plant And Equipment Gross24.1M22.6M44.0M45.8M41.1M43.2M
Total Current Assets92.4M80.5M92.1M128.5M126.0M115.1M
Accumulated Other Comprehensive Income154K(1.3M)322K(3.3M)(2.7M)(2.6M)
Common Stock Total Equity90.1M91.9M94.0M97.2M111.8M64.8M
Common Stock90.1M91.5M94.0M97.2M100.4M65.8M
Other Liab4.2M4.6M5.4M642K738.3K701.4K
Short Term Investments64.3M48.7M56.5M95.4M91.8M54.8M
Inventory(168.6M)(233.4M)(256.8M)(128.2M)7.1M7.4M
Property Plant Equipment23.0M22.6M19.9M20.0M23.0M16.3M
Other Current Assets168.6M233.4M256.8M128.2M208.4M402.8M
Intangible Assets2.0M1.9M1.0M691K881K1.5M
Net Tangible Assets159.2M172.4M204.2M237.7M273.4M287.0M
Retained Earnings Total Equity70.4M90.7M123.0M157.0M180.5M189.5M
Long Term Investments1.4B50.4M79.3M140.9M135.7M245.3M
Short Term Debt243.6M160.6M681K343.7M351.9M179.1M

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