United Common Stock vs Accumulated Depreciation Analysis

UZD Stock  USD 23.43  0.13  0.55%   
United States financial indicator trend analysis is much more than just breaking down United States Cellular prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United States Cellular is a good investment. Please check the relationship between United States Common Stock and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Accumulated Depreciation

Common Stock vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Cellular Common Stock account and Accumulated Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between United States' Common Stock and Accumulated Depreciation is 0.05. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of United States Cellular, assuming nothing else is changed. The correlation between historical values of United States' Common Stock and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of United States Cellular are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Common Stock i.e., United States' Common Stock and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for United States Cellular fixed asset that has been charged to United States expense since that asset was acquired and made available for United States use. The accumulated depreciation account is United States Cellular asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by United States Cellular.
Most indicators from United States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United States Cellular 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 States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.45, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Total Revenue4.1B4.2B3.9B2.6B
Depreciation And Amortization777M796M749M431.3M

United States fundamental ratios Correlations

0.910.30.710.790.770.860.950.180.990.320.150.90.760.960.680.75-0.180.980.590.730.610.910.79-0.310.51
0.910.070.470.560.550.980.770.070.920.260.010.850.440.980.470.83-0.520.970.420.890.30.960.48-0.610.23
0.30.070.70.450.49-0.030.360.450.23-0.130.470.220.520.160.610.110.340.240.56-0.30.70.050.480.260.55
0.710.470.70.870.920.410.730.230.66-0.070.230.610.810.580.820.490.160.640.710.180.880.490.790.050.79
0.790.560.450.870.940.470.870.360.730.10.360.790.910.640.590.410.150.680.830.290.840.550.880.020.58
0.770.550.490.920.940.480.820.290.73-0.040.290.680.850.640.670.480.030.690.750.310.840.530.830.070.66
0.860.98-0.030.410.470.480.7-0.150.90.27-0.210.780.360.950.480.83-0.560.930.240.940.20.980.41-0.620.21
0.950.770.360.730.870.820.70.260.930.330.260.860.890.850.650.570.020.870.660.570.720.790.9-0.080.54
0.180.070.450.230.360.29-0.150.260.04-0.010.990.290.370.09-0.06-0.030.240.10.77-0.240.46-0.110.310.10.05
0.990.920.230.660.730.730.90.930.040.340.020.850.70.970.680.77-0.230.980.470.790.530.950.74-0.320.5
0.320.26-0.13-0.070.1-0.040.270.33-0.010.34-0.030.230.270.30.210.170.220.28-0.020.32-0.080.340.37-0.140.18
0.150.010.470.230.360.29-0.210.260.990.02-0.030.240.380.04-0.08-0.10.30.060.75-0.290.48-0.150.330.210.05
0.90.850.220.610.790.680.780.860.290.850.230.240.710.860.480.62-0.190.860.720.640.610.80.68-0.480.29
0.760.440.520.810.910.850.360.890.370.70.270.380.710.560.690.320.410.620.750.180.880.470.990.210.72
0.960.980.160.580.640.640.950.850.090.970.30.040.860.560.580.84-0.391.00.460.850.420.970.61-0.490.38
0.680.470.610.820.590.670.480.65-0.060.680.21-0.080.480.690.580.620.160.640.370.290.660.530.72-0.040.87
0.750.830.110.490.410.480.830.57-0.030.770.17-0.10.620.320.840.62-0.40.840.30.730.250.80.37-0.520.45
-0.18-0.520.340.160.150.03-0.560.020.24-0.230.220.3-0.190.41-0.390.16-0.4-0.330.18-0.650.36-0.40.390.670.46
0.980.970.240.640.680.690.930.870.10.980.280.060.860.621.00.640.84-0.330.50.810.490.960.66-0.440.45
0.590.420.560.710.830.750.240.660.770.47-0.020.750.720.750.460.370.30.180.50.050.810.290.68-0.060.39
0.730.89-0.30.180.290.310.940.57-0.240.790.32-0.290.640.180.850.290.73-0.650.810.050.010.890.25-0.620.04
0.610.30.70.880.840.840.20.720.460.53-0.080.480.610.880.420.660.250.360.490.810.010.290.820.210.65
0.910.960.050.490.550.530.980.79-0.110.950.34-0.150.80.470.970.530.8-0.40.960.290.890.290.53-0.50.31
0.790.480.480.790.880.830.410.90.310.740.370.330.680.990.610.720.370.390.660.680.250.820.530.20.76
-0.31-0.610.260.050.020.07-0.62-0.080.1-0.32-0.140.21-0.480.21-0.49-0.04-0.520.67-0.44-0.06-0.620.21-0.50.20.26
0.510.230.550.790.580.660.210.540.050.50.180.050.290.720.380.870.450.460.450.390.040.650.310.760.26
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United States Account Relationship Matchups

United States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B9.7B10.3B11.1B10.8B11.3B
Short Long Term Debt Total2.5B3.5B3.7B4.2B4.0B4.2B
Other Current Liab185M318M58M419M102M161.9M
Total Current Liabilities750M871M903M1.2B901M547.8M
Total Stockholder Equity4.2B4.4B4.5B4.6B4.6B2.7B
Property Plant And Equipment Net3.1B3.4B3.6B3.5B3.5B1.9B
Net Debt2.2B2.2B3.6B3.9B3.9B4.1B
Retained Earnings2.6B2.7B2.8B2.9B2.9B3.0B
Cash285M1.3B156M273M150M217.1M
Non Current Assets Total6.6B7.1B8.7B9.4B9.3B9.8B
Non Currrent Assets Other201M221M(30M)4M690M724.5M
Cash And Short Term Investments285M1.3B156M273M150M232.3M
Net Receivables1.1B1.1B1.2B1.1B958M1.0B
Liabilities And Stockholders Equity8.2B9.7B10.3B11.1B10.8B11.3B
Non Current Liabilities Total3.2B4.4B4.9B5.3B5.2B5.5B
Inventory162M146M173M261M199M209.0M
Other Current Assets20M80M107M113M93M97.7M
Other Stockholder Equity1.6B1.6B1.6B1.6B1.6B2.6B
Total Liab3.9B5.2B5.8B6.5B6.1B6.4B
Total Current Assets1.6B2.6B1.6B1.7B1.4B848.9M
Short Term Debt113M118M261M146M290M304.5M
Accounts Payable304M387M360M356M248M241.5M
Intangible Assets2.5B2.6B4.1B4.7B4.7B4.9B
Current Deferred Revenue148M151M191M239M229M188.8M
Other Assets566M4.6K644M15M13.5M12.8M
Long Term Debt1.6B1.5B2.5B2.7B3.1B2.1B
Long Term Debt Total1.5B2.5B2.7B3.2B3.7B2.3B
Capital Surpluse1.6B1.7B1.7B1.7B2.0B1.8B
Treasury Stock(70M)(67M)(68M)(98M)(112.7M)(118.3M)
Property Plant Equipment3.1B3.4B2.6B2.6B3.0B2.9B

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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 States Cellular is a strong investment it is important to analyze United States' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United States' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United States Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Communication 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 States. 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 States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
3.4829
The market value of United States Cellular 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 States' value that differs from its market value or its book value, called intrinsic value, which is United States' 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 States' market value can be influenced by many factors that don't directly affect United States' 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 States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' 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.