UPL Retained Earnings vs Intangible Assets 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 Retained Earnings and its Intangible Assets 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.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UPL Limited Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between UPL's Retained Earnings and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets 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 Retained Earnings and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of UPL Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., UPL's Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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
Click cells to compare fundamentals

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.