Unity Property Plant Equipment vs Non Current Assets Total Analysis

UNTY Stock  USD 42.46  0.35  0.83%   
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 Property Plant Equipment and its Non Current Assets 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.

Property Plant Equipment vs Non Current Assets Total

Property Plant Equipment vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Bancorp Property Plant Equipment account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Unity Bancorp's Property Plant Equipment and Non Current Assets Total is 0.11. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets 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 Property Plant Equipment and Non Current Assets 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 Property Plant Equipment of Unity Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., Unity Bancorp's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 2025, whereas Tax Provision is likely to drop slightly above 9.8 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense10.6M48.5M55.8M58.6M
Depreciation And Amortization1.4M2.4M2.7M2.9M

Unity Bancorp fundamental ratios Correlations

0.880.330.750.990.660.640.960.72-0.370.750.760.050.70.980.680.77-0.711.00.960.050.750.77-0.210.860.29
0.880.280.70.850.620.830.820.73-0.430.690.7-0.010.670.860.620.73-0.550.880.760.080.650.67-0.350.810.32
0.330.280.030.34-0.030.360.370.07-0.240.010.00.370.240.430.11-0.01-0.290.330.33-0.010.190.19-0.030.520.3
0.750.70.030.780.330.210.830.99-0.071.01.0-0.620.620.780.231.0-0.630.750.68-0.070.310.35-0.480.790.33
0.990.850.340.780.610.580.980.75-0.340.780.790.00.680.990.620.79-0.70.990.960.030.720.74-0.230.870.31
0.660.62-0.030.330.610.630.510.28-0.50.330.350.30.410.560.90.38-0.440.660.630.270.940.940.050.40.18
0.640.830.360.210.580.630.50.25-0.460.190.210.460.510.590.680.25-0.360.640.550.180.670.66-0.10.520.13
0.960.820.370.830.980.510.50.81-0.210.830.84-0.110.680.980.480.83-0.740.960.94-0.020.630.65-0.310.90.3
0.720.730.070.990.750.280.250.81-0.090.980.98-0.630.620.750.190.98-0.580.720.65-0.080.270.3-0.560.80.37
-0.37-0.43-0.24-0.07-0.34-0.5-0.46-0.21-0.09-0.08-0.07-0.34-0.07-0.33-0.67-0.09-0.11-0.37-0.29-0.24-0.51-0.5-0.06-0.21-0.47
0.750.690.011.00.780.330.190.830.98-0.081.0-0.620.620.770.231.0-0.620.750.67-0.070.310.35-0.470.780.33
0.760.70.01.00.790.350.210.840.98-0.071.0-0.60.610.780.241.0-0.630.760.68-0.060.340.37-0.460.780.29
0.05-0.010.37-0.620.00.30.46-0.11-0.63-0.34-0.62-0.6-0.150.00.46-0.590.130.050.110.260.430.390.51-0.18-0.18
0.70.670.240.620.680.410.510.680.62-0.070.620.61-0.150.670.450.63-0.830.70.68-0.070.40.42-0.310.650.35
0.980.860.430.780.990.560.590.980.75-0.330.770.780.00.670.580.78-0.710.980.940.00.690.71-0.270.910.33
0.680.620.110.230.620.90.680.480.19-0.670.230.240.460.450.580.28-0.350.690.630.240.90.890.180.350.3
0.770.73-0.011.00.790.380.250.830.98-0.091.01.0-0.590.630.780.28-0.630.770.68-0.050.350.39-0.440.780.29
-0.71-0.55-0.29-0.63-0.7-0.44-0.36-0.74-0.58-0.11-0.62-0.630.13-0.83-0.71-0.35-0.63-0.71-0.720.11-0.47-0.480.32-0.73-0.05
1.00.880.330.750.990.660.640.960.72-0.370.750.760.050.70.980.690.77-0.710.950.060.760.77-0.210.850.28
0.960.760.330.680.960.630.550.940.65-0.290.670.680.110.680.940.630.68-0.720.950.020.740.75-0.230.80.28
0.050.08-0.01-0.070.030.270.18-0.02-0.08-0.24-0.07-0.060.26-0.070.00.24-0.050.110.060.020.20.190.6-0.14-0.19
0.750.650.190.310.720.940.670.630.27-0.510.310.340.430.40.690.90.35-0.470.760.740.21.00.070.50.22
0.770.670.190.350.740.940.660.650.3-0.50.350.370.390.420.710.890.39-0.480.770.750.191.00.050.520.24
-0.21-0.35-0.03-0.48-0.230.05-0.1-0.31-0.56-0.06-0.47-0.460.51-0.31-0.270.18-0.440.32-0.21-0.230.60.070.05-0.5-0.27
0.860.810.520.790.870.40.520.90.8-0.210.780.78-0.180.650.910.350.78-0.730.850.8-0.140.50.52-0.50.35
0.290.320.30.330.310.180.130.30.37-0.470.330.29-0.180.350.330.30.29-0.050.280.28-0.190.220.24-0.270.35
Click cells to compare fundamentals

Unity Bancorp Account Relationship Matchups

Unity Bancorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B2.0B2.4B2.6B3.0B3.1B
Short Long Term Debt Total250.3M50.3M393.3M366.7M421.8M442.8M
Other Current Liab160.0M423K342.4M18.9M21.8M22.9M
Total Current Liabilities283K129K691K20.9M24.0M25.2M
Total Stockholder Equity169.2M205.7M239.2M261.4M300.6M315.7M
Property Plant And Equipment Net20.5M19.9M20.0M24.8M28.5M14.9M
Net Debt228.7M24.3M373.6M172.0M197.8M207.7M
Retained Earnings84.2M123.0M157.0M191.1M219.8M230.8M
Accounts Payable248K129K691K1.9M2.2M2.3M
Cash21.6M26.1M19.7M20.7M23.8M23.6M
Non Current Assets Total72.4M100.8M33.9M2.4B2.7B2.9B
Non Currrent Assets Other(9.2M)(10.0M)(140.9M)2.2B2.5B2.7B
Other Assets1.8B1.8B2.3B80.6M92.7M88.0M
Cash And Short Term Investments70.3M82.5M115.1M112.4M129.3M135.8M
Net Receivables10.2M9.6M13.4M13.6M15.6M16.4M
Common Stock Shares Outstanding10.8M10.5M10.7M10.3M11.9M9.2M
Liabilities And Stockholders Equity1.9B2.0B2.4B2.6B3.0B3.1B
Non Current Liabilities Total250.3M51.7M691K2.3B2.6B2.8B
Other Stockholder Equity(7.4M)(11.6M)(11.7M)(27.4M)(24.6M)(23.4M)
Total Liab1.8B1.8B2.2B2.3B2.7B2.8B
Property Plant And Equipment Gross22.6M44.0M45.8M41.1M47.3M49.6M
Total Current Assets80.5M92.1M128.5M126.0M144.9M115.1M
Accumulated Other Comprehensive Income(1.3M)322K(3.3M)(2.7M)(2.5M)(2.3M)
Common Stock Total Equity90.1M91.9M94.0M97.2M111.8M64.8M
Common Stock91.5M94.0M97.2M100.4M115.5M65.8M
Other Liab4.2M4.6M5.4M642K738.3K701.4K
Long Term Debt250.3M50.3M393.3M366.7M421.8M442.8M
Short Term Investments48.7M56.5M95.4M91.8M105.5M54.8M
Inventory(233.4M)(256.8M)(128.2M)7.1M6.4M6.7M
Property Plant Equipment23.0M22.6M19.9M20.0M23.0M16.3M
Other Current Assets233.4M256.8M128.2M208.4M187.5M178.1M
Intangible Assets1.9M1.0M691K881K792.9K1.5M
Net Tangible Assets159.2M172.4M204.2M237.7M273.4M287.0M
Retained Earnings Total Equity70.4M90.7M123.0M157.0M180.5M189.5M
Long Term Investments50.4M79.3M140.9M135.7M122.1M116.0M
Short Term Debt160.6M681K343.7M351.9M404.7M425.0M

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