United Accounts Payable vs Non Current Assets Total Analysis
| USEA Stock | USD 1.92 0.05 2.54% |
United Maritime financial indicator trend analysis is much more than just breaking down United Maritime prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Maritime is a good investment. Please check the relationship between United Maritime Accounts Payable 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 United Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade United Stock refer to our How to Trade United Stock guide.
Accounts Payable vs Non Current Assets Total
Accounts Payable vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Maritime Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between United Maritime's Accounts Payable and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of United Maritime, assuming nothing else is changed. The correlation between historical values of United Maritime's Accounts Payable 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 Accounts Payable of United Maritime 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 Accounts Payable i.e., United Maritime's Accounts Payable and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.82 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents United Maritime obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of United Maritime are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 United Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Maritime 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 United Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade United Stock refer to our How to Trade United Stock guide.At present, United Maritime's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.23, whereas Issuance Of Capital Stock is forecasted to decline to about 1.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 621.0K | 2.4M | 7.2M | 7.5M | Depreciation And Amortization | 756.8K | 1.9M | 9.4M | 9.8M |
United Maritime fundamental ratios Correlations
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United Maritime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Maritime offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Maritime's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Maritime Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Maritime Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Maritime. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 9.111 | Earnings Share (0.26) | Revenue Per Share 5.318 | Quarterly Revenue Growth 0.243 | Return On Assets (0.02) |
The market value of United Maritime is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Maritime's value that differs from its market value or its book value, called intrinsic value, which is United Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Maritime's market value can be influenced by many factors that don't directly affect United Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.