Ultrapar Property Plant Equipment vs Short Term Debt Analysis
UGP Stock | USD 3.61 0.07 1.90% |
Ultrapar Participacoes financial indicator trend analysis is much more than just breaking down Ultrapar Participacoes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ultrapar Participacoes is a good investment. Please check the relationship between Ultrapar Participacoes Property Plant Equipment and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Property Plant Equipment vs Short Term Debt
Property Plant Equipment vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ultrapar Participacoes Property Plant Equipment account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ultrapar Participacoes' Property Plant Equipment and Short Term Debt is 0.43. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Ultrapar Participacoes SA, assuming nothing else is changed. The correlation between historical values of Ultrapar Participacoes' Property Plant Equipment and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Ultrapar Participacoes SA are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant Equipment i.e., Ultrapar Participacoes' Property Plant Equipment and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Short Term Debt
Most indicators from Ultrapar Participacoes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ultrapar Participacoes 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 Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Ultrapar Participacoes' Discontinued Operations is relatively stable compared to the past year. As of 11/10/2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Selling General Administrative is likely to drop slightly above 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.9B | 7.4B | 9.3B | 9.8B | Total Revenue | 109.7B | 143.6B | 126.0B | 132.4B |
Ultrapar Participacoes fundamental ratios Correlations
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Ultrapar Participacoes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ultrapar Participacoes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 31.2B | 36.3B | 39.0B | 36.4B | 38.9B | 40.9B | |
Short Long Term Debt Total | 16.0B | 19.2B | 17.7B | 13.3B | 13.3B | 7.8B | |
Other Current Liab | 1.1B | 1.7B | 3.8B | 1.8B | 2.1B | 2.3B | |
Total Current Liabilities | 5.2B | 9.2B | 12.6B | 12.8B | 11.2B | 11.8B | |
Total Stockholder Equity | 9.5B | 9.5B | 10.1B | 11.7B | 13.5B | 14.2B | |
Property Plant And Equipment Net | 9.6B | 10.2B | 7.2B | 7.7B | 8.1B | 5.2B | |
Net Debt | 13.9B | 16.6B | 15.4B | 7.7B | 7.4B | 5.4B | |
Retained Earnings | 4.3B | 55.4M | 4.9B | 78.1M | 134.0M | 127.3M | |
Accounts Payable | 2.7B | 4.0B | 5.8B | 7.4B | 5.7B | 6.0B | |
Cash | 2.1B | 2.7B | 2.3B | 5.6B | 5.9B | 6.2B | |
Non Current Assets Total | 16.1B | 18.8B | 14.0B | 17.9B | 19.6B | 20.6B | |
Non Currrent Assets Other | 3.5B | 4.7B | 4.3B | 6.9B | 3.2B | 3.3B | |
Cash And Short Term Investments | 5.2B | 7.7B | 4.1B | 6.1B | 6.2B | 3.6B | |
Net Receivables | 6.0B | 5.8B | 5.9B | 7.4B | 8.0B | 8.4B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | |
Liabilities And Stockholders Equity | 31.2B | 36.3B | 39.0B | 36.4B | 38.9B | 40.9B | |
Non Current Liabilities Total | 16.2B | 17.1B | 15.9B | 11.5B | 13.7B | 7.1B | |
Inventory | 3.7B | 3.8B | 3.9B | 4.9B | 4.3B | 4.5B | |
Other Current Assets | 111.4M | 132.1M | 11.1B | 123.7M | 799.8M | 733.2M | |
Other Stockholder Equity | (4.5B) | (466.7M) | (5.3B) | (435.7M) | (470.5M) | (494.0M) | |
Total Liab | 21.4B | 26.3B | 28.5B | 24.3B | 24.9B | 26.2B | |
Property Plant And Equipment Gross | 9.6B | 10.2B | 13.8B | 14.8B | 15.8B | 16.6B | |
Total Current Assets | 15.1B | 17.5B | 25.0B | 18.6B | 19.3B | 20.3B | |
Accumulated Other Comprehensive Income | 4.5B | 4.8B | 5.3B | 6.9B | 7.2B | 7.6B | |
Short Term Debt | 1.3B | 3.5B | 3.1B | 3.6B | 2.3B | 1.7B | |
Other Liab | 1.5B | 1.4B | 1.2B | 1.8B | 2.1B | 2.2B | |
Other Assets | 16.1B | 4.5B | 3.4B | 2.0B | 2.4B | 1.8B | |
Long Term Debt | 13.3B | 14.1B | 13.5B | 8.4B | 9.8B | 4.9B | |
Property Plant Equipment | 9.5B | 10.2B | 7.2B | 7.7B | 8.8B | 9.2B | |
Current Deferred Revenue | 27.6M | 18.3M | 5.6M | 1.1B | 1.2B | 1.3B | |
Short Term Investments | 3.1B | 5.0B | 1.8B | 520.4M | 292.9M | 278.3M | |
Intangible Assets | 830.8M | 850.8M | 653.2M | 1.0B | 1.6B | 1.2B | |
Long Term Investments | 688.1M | 1.1B | 457.9M | 554.2M | 1.3B | 1.3B | |
Short Long Term Debt | 1.1B | 3.3B | 2.9B | 3.4B | 2.0B | 2.3B | |
Net Tangible Assets | 6.7B | 6.5B | 7.1B | 8.2B | 9.4B | 6.1B | |
Long Term Debt Total | 14.7B | 15.7B | 14.7B | 9.7B | 11.1B | 11.9B |
Pair Trading with Ultrapar Participacoes
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ultrapar Participacoes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ultrapar Participacoes will appreciate offsetting losses from the drop in the long position's value.Moving together with Ultrapar Stock
Moving against Ultrapar Stock
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The ability to find closely correlated positions to Ultrapar Participacoes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrapar Participacoes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ultrapar Participacoes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ultrapar Participacoes SA to buy it.
The correlation of Ultrapar Participacoes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ultrapar Participacoes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrapar Participacoes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ultrapar Participacoes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ultrapar Stock Analysis
When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.