United Total Current Liabilities vs Other Current Assets 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 Total Current Liabilities and its Other Current Assets 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.
Total Current Liabilities vs Other Current Assets
Total Current Liabilities vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United States Cellular Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United States' Total Current Liabilities and Other Current Assets is 0.49. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets 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' Total Current Liabilities and Other Current 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 Total Current Liabilities of United States Cellular are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., United States' Total Current Liabilities and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on United States balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of United States Cellular are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Revenue | 4.1B | 4.2B | 3.9B | 2.6B | Depreciation And Amortization | 777M | 796M | 749M | 431.3M |
United States fundamental ratios Correlations
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United States Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United States fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.2B | 9.7B | 10.3B | 11.1B | 10.8B | 11.3B | |
Short Long Term Debt Total | 2.5B | 3.5B | 3.7B | 4.2B | 4.0B | 4.2B | |
Other Current Liab | 185M | 318M | 58M | 419M | 102M | 161.9M | |
Total Current Liabilities | 750M | 871M | 903M | 1.2B | 901M | 547.8M | |
Total Stockholder Equity | 4.2B | 4.4B | 4.5B | 4.6B | 4.6B | 2.7B | |
Property Plant And Equipment Net | 3.1B | 3.4B | 3.6B | 3.5B | 3.5B | 1.9B | |
Net Debt | 2.2B | 2.2B | 3.6B | 3.9B | 3.9B | 4.1B | |
Retained Earnings | 2.6B | 2.7B | 2.8B | 2.9B | 2.9B | 3.0B | |
Cash | 285M | 1.3B | 156M | 273M | 150M | 217.1M | |
Non Current Assets Total | 6.6B | 7.1B | 8.7B | 9.4B | 9.3B | 9.8B | |
Non Currrent Assets Other | 201M | 221M | (30M) | 4M | 690M | 724.5M | |
Cash And Short Term Investments | 285M | 1.3B | 156M | 273M | 150M | 232.3M | |
Net Receivables | 1.1B | 1.1B | 1.2B | 1.1B | 958M | 1.0B | |
Liabilities And Stockholders Equity | 8.2B | 9.7B | 10.3B | 11.1B | 10.8B | 11.3B | |
Non Current Liabilities Total | 3.2B | 4.4B | 4.9B | 5.3B | 5.2B | 5.5B | |
Inventory | 162M | 146M | 173M | 261M | 199M | 209.0M | |
Other Current Assets | 20M | 80M | 107M | 113M | 93M | 97.7M | |
Other Stockholder Equity | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B | 2.6B | |
Total Liab | 3.9B | 5.2B | 5.8B | 6.5B | 6.1B | 6.4B | |
Total Current Assets | 1.6B | 2.6B | 1.6B | 1.7B | 1.4B | 848.9M | |
Short Term Debt | 113M | 118M | 261M | 146M | 290M | 304.5M | |
Accounts Payable | 304M | 387M | 360M | 356M | 248M | 241.5M | |
Intangible Assets | 2.5B | 2.6B | 4.1B | 4.7B | 4.7B | 4.9B | |
Current Deferred Revenue | 148M | 151M | 191M | 239M | 229M | 188.8M | |
Other Assets | 566M | 4.6K | 644M | 15M | 13.5M | 12.8M | |
Long Term Debt | 1.6B | 1.5B | 2.5B | 2.7B | 3.1B | 2.1B | |
Long Term Debt Total | 1.5B | 2.5B | 2.7B | 3.2B | 3.7B | 2.3B | |
Capital Surpluse | 1.6B | 1.7B | 1.7B | 1.7B | 2.0B | 1.8B | |
Treasury Stock | (70M) | (67M) | (68M) | (98M) | (112.7M) | (118.3M) | |
Property Plant Equipment | 3.1B | 3.4B | 2.6B | 2.6B | 3.0B | 2.9B |
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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.