Unity Retained Earnings vs Property Plant And Equipment Net Analysis

U Stock  USD 23.53  1.07  4.76%   
Unity Software financial indicator trend analysis is much more than just breaking down Unity Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Software is a good investment. Please check the relationship between Unity Software Retained Earnings and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Software Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Unity Software's Retained Earnings and Property Plant And Equipment Net is -0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Unity Software, assuming nothing else is changed. The correlation between historical values of Unity Software's Retained Earnings and Property Plant And Equipment Net 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 Unity Software are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Unity Software's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Unity Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Software 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 Unity Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.At this time, Unity Software's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M7.4M24.6M25.8M
Depreciation And Amortization64.6M211.6M563.9M592.1M

Unity Software fundamental ratios Correlations

0.980.990.980.84-0.460.80.990.82-0.910.950.940.99-0.330.890.880.990.940.910.820.980.93-0.280.990.990.99
0.980.990.940.88-0.570.680.980.83-0.890.970.880.99-0.450.90.780.990.940.820.820.970.9-0.410.980.950.98
0.990.990.980.86-0.460.781.00.8-0.910.960.940.98-0.360.90.870.990.940.90.790.970.94-0.30.990.990.98
0.980.940.980.8-0.310.850.980.73-0.880.930.980.94-0.290.870.940.960.90.950.720.940.94-0.180.980.990.95
0.840.880.860.8-0.690.620.840.84-0.960.810.770.86-0.150.980.630.890.950.640.830.840.92-0.660.850.830.85
-0.46-0.57-0.46-0.31-0.69-0.03-0.44-0.820.58-0.51-0.19-0.590.28-0.59-0.02-0.53-0.64-0.08-0.79-0.59-0.450.79-0.45-0.37-0.57
0.80.680.780.850.62-0.030.780.51-0.790.620.90.710.220.740.920.760.720.930.60.730.840.090.770.860.74
0.990.981.00.980.84-0.440.780.79-0.90.970.940.97-0.360.90.880.980.930.90.770.960.93-0.260.980.980.97
0.820.830.80.730.84-0.820.510.79-0.860.820.620.87-0.220.840.540.820.920.550.920.890.81-0.490.790.760.88
-0.91-0.89-0.91-0.88-0.960.58-0.79-0.9-0.86-0.83-0.86-0.90.05-0.99-0.77-0.92-0.98-0.77-0.86-0.9-0.980.47-0.9-0.91-0.9
0.950.970.960.930.81-0.510.620.970.82-0.830.850.95-0.530.850.80.940.910.790.710.930.88-0.30.950.910.94
0.940.880.940.980.77-0.190.90.940.62-0.860.850.88-0.190.850.960.920.850.970.650.870.93-0.150.950.980.89
0.990.990.980.940.86-0.590.710.970.87-0.90.950.88-0.380.890.790.990.940.840.881.00.9-0.390.980.961.0
-0.33-0.45-0.36-0.29-0.150.280.22-0.36-0.220.05-0.53-0.19-0.38-0.11-0.12-0.34-0.2-0.14-0.09-0.34-0.10.24-0.38-0.24-0.35
0.890.90.90.870.98-0.590.740.90.84-0.990.850.850.89-0.110.740.920.980.740.820.870.97-0.520.890.890.88
0.880.780.870.940.63-0.020.920.880.54-0.770.80.960.79-0.120.740.820.770.970.530.790.870.090.870.920.81
0.990.990.990.960.89-0.530.760.980.82-0.920.940.920.99-0.340.920.820.940.870.840.970.93-0.390.990.980.98
0.940.940.940.90.95-0.640.720.930.92-0.980.910.850.94-0.20.980.770.940.760.870.940.97-0.470.930.920.94
0.910.820.90.950.64-0.080.930.90.55-0.770.790.970.84-0.140.740.970.870.760.620.840.850.030.90.950.86
0.820.820.790.720.83-0.790.60.770.92-0.860.710.650.88-0.090.820.530.840.870.620.90.78-0.530.790.790.88
0.980.970.970.940.84-0.590.730.960.89-0.90.930.871.0-0.340.870.790.970.940.840.90.9-0.360.970.961.0
0.930.90.940.940.92-0.450.840.930.81-0.980.880.930.9-0.10.970.870.930.970.850.780.9-0.340.930.950.91
-0.28-0.41-0.3-0.18-0.660.790.09-0.26-0.490.47-0.3-0.15-0.390.24-0.520.09-0.39-0.470.03-0.53-0.36-0.34-0.33-0.23-0.35
0.990.980.990.980.85-0.450.770.980.79-0.90.950.950.98-0.380.890.870.990.930.90.790.970.93-0.330.980.98
0.990.950.990.990.83-0.370.860.980.76-0.910.910.980.96-0.240.890.920.980.920.950.790.960.95-0.230.980.97
0.990.980.980.950.85-0.570.740.970.88-0.90.940.891.0-0.350.880.810.980.940.860.881.00.91-0.350.980.97
Click cells to compare fundamentals

Unity Software Account Relationship Matchups

Unity Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.9M2.7B4.8B7.8B7.2B4.4B
Other Current Liab239.8M263.2M358.8M737.5M602.0M434.2M
Total Current Liabilities336.5M503.2M625.5M1.0B894.1M664.3M
Total Stockholder Equity393.9M2.0B2.4B3.5B3.2B2.2B
Other Liab32.4M32.3M25.8M254.6M292.8M307.5M
Net Tangible Assets(573.0M)1.7B(40.1M)(1.6B)(1.4B)(1.4B)
Property Plant And Equipment Net79.0M199.2M204.5M121.9M254.1M169.9M
Current Deferred Revenue86.0M113.9M140.5M218.1M186.8M146.7M
Net Debt(130.0M)(1.1B)763.5M1.2B1.1B1.2B
Retained Earnings(515.2M)(797.5M)(1.3B)(2.2B)(3.1B)(2.9B)
Accounts Payable10.7M11.3M14.0M20.2M14.5M14.7M
Cash130.0M1.3B1.1B1.5B1.6B1.1B
Non Current Assets Total395.4M590.6M2.7B5.5B4.9B2.6B
Non Currrent Assets Other36.1M47.7M51.2M(212M)91.4M95.9M
Other Assets36.1M47.7M51.2M103.8M119.3M125.3M
Cash And Short Term Investments130.0M1.8B1.7B1.6B1.6B1.3B
Net Receivables204.9M274.3M340.5M633.8M611.7M406.6M
Good Will218.3M286.3M1.6B3.2B3.2B3.3B
Liabilities And Stockholders Equity762.9M2.7B4.8B7.8B7.2B4.4B
Non Current Liabilities Total32.4M130.9M1.8B3.1B2.9B1.5B
Capital Surpluse226.2M2.8B3.7B5.8B6.6B7.0B
Inventory23.1M32.0M39.1M1.00.90.86
Other Current Assets9.4M54.4M73.5M144.1M122.8M76.7M
Other Stockholder Equity226.2M2.8B3.7B5.8B6.3B3.5B
Total Liab368.9M634.1M2.4B4.1B3.8B2.1B
Net Invested Capital(292.6M)2.0B4.1B6.2B5.9B3.2B
Property Plant And Equipment Gross79.0M199.2M204.5M245.5M284.8M198.1M
Total Current Assets367.4M2.1B2.2B2.4B2.3B1.8B
Accumulated Other Comprehensive Income(3.6M)(3.4M)(3.9M)(1.7M)(5.0M)(5.3M)
Non Current Liabilities Other21.8M11.8M9.9M259.0M217.2M228.1M
Net Working Capital30.9M1.6B1.5B1.4B1.4B1.1B
Short Term Debt0.050.8M47.5M34.5M39.1M35.6M
Intangible Assets62.0M57.5M814.4M1.9B1.4B783.2M
Property Plant Equipment79.0M199.2M204.5M242.4M278.8M174.4M

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Additional Tools for Unity Stock Analysis

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