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

UPL Stock   504.50  13.85  2.67%   
UPL financial indicator trend analysis is much more than just breaking down UPL Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UPL Limited is a good investment. Please check the relationship between UPL Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UPL 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.

Cash And Short Term Investments vs Common Stock Shares Outstanding

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

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UPL Limited Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UPL's Cash And Short Term Investments and Common Stock Shares Outstanding is -0.36. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of UPL Limited, assuming nothing else is changed. The correlation between historical values of UPL's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of UPL Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., UPL's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of UPL Limited balance sheet. This account contains UPL investments that will expire within one year. These investments include stocks and bonds that can be liquidated by UPL Limited 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from UPL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UPL 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 UPL 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.
The current year's Issuance Of Capital Stock is expected to grow to about 49 B, whereas Selling General Administrative is forecasted to decline to about 6.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense17.8B31.5B33.8B35.5B
Depreciation And Amortization23.6B25.5B27.6B29.0B

UPL fundamental ratios Correlations

0.970.880.980.980.990.950.980.941.00.450.950.99-0.40.960.980.430.071.00.990.960.830.990.610.840.93
0.970.810.910.910.931.00.910.910.980.470.90.95-0.371.00.920.54-0.120.980.940.990.790.980.630.790.88
0.880.810.870.890.910.780.870.860.890.290.850.85-0.510.80.840.070.240.860.860.790.750.890.40.770.78
0.980.910.870.990.990.881.00.920.960.430.940.97-0.410.890.990.360.190.960.990.90.820.950.540.880.9
0.980.910.890.990.990.880.990.940.970.450.950.98-0.370.90.980.330.210.970.990.910.850.960.60.820.93
0.990.930.910.990.990.90.990.950.970.420.950.98-0.460.910.980.320.170.970.990.90.820.950.520.850.9
0.951.00.780.880.880.90.880.860.970.460.860.93-0.370.990.90.61-0.20.970.910.990.750.960.620.790.86
0.980.910.871.00.990.990.880.930.960.440.940.98-0.390.890.990.350.190.970.990.90.830.950.570.850.92
0.940.910.860.920.940.950.860.930.930.481.00.93-0.360.90.910.210.260.930.940.870.870.910.620.710.88
1.00.980.890.960.970.970.970.960.930.440.930.98-0.40.970.970.450.021.00.980.970.821.00.620.830.92
0.450.470.290.430.450.420.460.440.480.440.470.510.010.480.420.160.090.470.450.460.540.430.610.360.48
0.950.90.850.940.950.950.860.941.00.930.470.94-0.360.890.920.220.280.940.960.870.870.920.610.750.88
0.990.950.850.970.980.980.930.980.930.980.510.94-0.380.940.980.440.070.990.990.940.840.960.620.820.93
-0.4-0.37-0.51-0.41-0.37-0.46-0.37-0.39-0.36-0.40.01-0.36-0.38-0.33-0.40.030.0-0.38-0.39-0.30.01-0.380.24-0.53-0.06
0.961.00.80.890.90.910.990.890.90.970.480.890.94-0.330.90.54-0.130.980.920.990.790.970.680.750.89
0.980.920.840.990.980.980.90.990.910.970.420.920.98-0.40.90.440.120.970.990.910.810.950.550.870.91
0.430.540.070.360.330.320.610.350.210.450.160.220.440.030.540.44-0.670.470.40.580.220.440.350.40.42
0.07-0.120.240.190.210.17-0.20.190.260.020.090.280.070.0-0.130.12-0.670.010.14-0.140.290.020.040.050.11
1.00.980.860.960.970.970.970.970.931.00.470.940.99-0.380.980.970.470.010.980.980.820.990.640.830.92
0.990.940.860.990.990.990.910.990.940.980.450.960.99-0.390.920.990.40.140.980.930.840.960.580.850.92
0.960.990.790.90.910.90.990.90.870.970.460.870.94-0.30.990.910.58-0.140.980.930.780.980.710.750.91
0.830.790.750.820.850.820.750.830.870.820.540.870.840.010.790.810.220.290.820.840.780.810.660.620.89
0.990.980.890.950.960.950.960.950.911.00.430.920.96-0.380.970.950.440.020.990.960.980.810.640.820.92
0.610.630.40.540.60.520.620.570.620.620.610.610.620.240.680.550.350.040.640.580.710.660.640.230.73
0.840.790.770.880.820.850.790.850.710.830.360.750.82-0.530.750.870.40.050.830.850.750.620.820.230.68
0.930.880.780.90.930.90.860.920.880.920.480.880.93-0.060.890.910.420.110.920.920.910.890.920.730.68
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UPL Account Relationship Matchups

UPL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets700.8B704.3B826.8B885.8B875.5B919.2B
Short Long Term Debt Total293.9B244.1B267.1B239.4B297.5B312.4B
Other Current Liab32.2B45.6B29.5B40.7B53.3B56.0B
Total Current Liabilities166.9B196.3B282.0B290.4B268.6B282.0B
Total Stockholder Equity192.8B208.9B246.6B298.4B248.1B260.5B
Property Plant And Equipment Net73.0B80.4B92.6B102.7B108.1B113.5B
Net Debt226.6B196.1B209.1B179.7B238.1B250.0B
Accounts Payable102.3B127.6B165.5B176.1B156.8B164.7B
Cash67.2B48.0B58.0B59.7B59.4B62.4B
Non Current Assets Total408.4B403.6B429.5B465.5B482.2B506.3B
Non Currrent Assets Other12.3B12.3B11.1B7.8B7.1B7.9B
Cash And Short Term Investments67.9B48.7B69.5B64.9B63.6B66.7B
Net Receivables134.2B143.1B153.3B182.8B166.8B175.1B
Liabilities And Stockholders Equity700.8B704.3B826.8B885.8B875.5B919.2B
Non Current Liabilities Total308.0B262.3B251.8B241.1B279.8B293.8B
Inventory78.5B94.2B130.8B139.9B127.8B134.1B
Other Current Assets12.5B15.0B44.1B36.6B35.2B19.8B
Other Stockholder Equity50.6B13.9B91.1B93.5B32.4B26.6B
Total Liab474.9B458.5B533.7B531.5B548.4B575.8B
Total Current Assets292.4B300.7B397.0B420.3B393.3B412.9B
Accumulated Other Comprehensive Income(52.3B)(32.1B)15.3B31.3B32.3B33.9B
Intangible Assets118.6B111.5B110.7B113.7B110.2B115.7B
Good Will182.4B176.9B183.6B199.0B201.8B211.9B
Current Deferred Revenue45.3B46.9B38.4B35.8B5.3B5.0B
Short Term Debt14.3B17.9B44.8B31.2B47.9B50.3B
Retained Earnings140.7B163.6B154.0B203.4B181.9B94.8B
Short Term Investments680M700M11.5B5.3B430M408.5M
Other Liab28.5B35.0B29.4B32.9B37.9B19.6B
Net Tangible Assets(28.0B)(7.9B)20.7B(14.2B)(12.8B)(12.1B)
Other Assets(10M)100.6B330M26.6B30.6B20.6B
Long Term Debt273.6B221.5B216.1B201.4B240.1B159.1B
Deferred Long Term Liab79.1B80.2B71.6B68.4B78.6B82.6B
Short Long Term Debt13.3B14.1B42.6B28.6B44.3B23.2B
Property Plant Equipment73.0B80.5B92.6B102.7B118.1B59.7B
Long Term Debt Total279.6B227.3B222.3B208.2B239.4B183.7B
Net Invested Capital479.8B444.5B505.3B528.4B562.3B489.6B

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Other Information on Investing in UPL Stock

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