United Retained Earnings vs Non Currrent Assets Other Analysis

UMC Stock  USD 6.98  0.04  0.58%   
United Microelectronics financial indicator trend analysis is much more than just breaking down United Microelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Microelectronics is a good investment. Please check the relationship between United Microelectronics Retained Earnings and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade United Stock refer to our How to Trade United Stock guide.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Microelectronics Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United Microelectronics' Retained Earnings and Non Currrent Assets Other is -0.02. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of United Microelectronics, assuming nothing else is changed. The correlation between historical values of United Microelectronics' Retained Earnings and Non Currrent Assets Other 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 United Microelectronics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., United Microelectronics' Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from United Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Microelectronics 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 Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade United Stock refer to our How to Trade United Stock guide.At present, United Microelectronics' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 35.25, whereas Selling General Administrative is forecasted to decline to about 5.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit72.0B125.8B74.8B78.5B
Total Revenue213.0B278.7B222.5B144.7B

United Microelectronics fundamental ratios Correlations

0.580.380.920.940.74-0.3-0.680.73-0.340.910.89-0.440.890.940.370.680.420.790.830.18-0.330.920.740.940.02
0.580.310.470.360.75-0.280.110.33-0.510.340.71-0.320.280.450.260.15-0.10.90.45-0.12-0.180.760.20.390.67
0.380.310.430.250.12-0.99-0.30.35-0.010.420.270.130.390.4-0.210.370.140.430.360.27-0.380.460.30.420.14
0.920.470.430.810.55-0.35-0.70.58-0.190.910.73-0.350.910.920.270.70.520.720.690.28-0.250.910.650.940.08
0.940.360.250.810.7-0.17-0.740.79-0.290.840.87-0.420.830.860.380.660.450.560.850.15-0.330.730.810.86-0.2
0.740.750.120.550.7-0.07-0.110.47-0.590.420.94-0.610.360.570.610.17-0.060.70.61-0.15-0.220.680.390.460.31
-0.3-0.28-0.99-0.35-0.17-0.070.22-0.28-0.02-0.34-0.2-0.17-0.31-0.320.24-0.3-0.07-0.38-0.28-0.250.38-0.39-0.22-0.33-0.17
-0.680.11-0.3-0.7-0.74-0.110.22-0.74-0.13-0.87-0.370.06-0.89-0.720.02-0.83-0.6-0.24-0.71-0.340.35-0.48-0.82-0.830.5
0.730.330.350.580.790.47-0.28-0.74-0.190.730.66-0.020.690.61-0.090.730.350.440.940.09-0.510.550.940.69-0.14
-0.34-0.51-0.01-0.19-0.29-0.59-0.02-0.13-0.19-0.08-0.490.51-0.06-0.32-0.46-0.010.03-0.45-0.34-0.05-0.04-0.35-0.11-0.16-0.12
0.910.340.420.910.840.42-0.34-0.870.73-0.080.65-0.240.980.920.160.80.50.660.780.29-0.40.840.770.98-0.17
0.890.710.270.730.870.94-0.2-0.370.66-0.490.65-0.470.60.740.450.410.150.750.76-0.02-0.330.810.610.680.21
-0.44-0.320.13-0.35-0.42-0.61-0.170.06-0.020.51-0.24-0.47-0.25-0.48-0.96-0.15-0.14-0.4-0.31-0.08-0.43-0.4-0.03-0.320.02
0.890.280.390.910.830.36-0.31-0.890.69-0.060.980.6-0.250.920.160.820.650.610.750.32-0.280.810.780.99-0.22
0.940.450.40.920.860.57-0.32-0.720.61-0.320.920.74-0.480.920.40.730.530.740.740.29-0.210.890.660.96-0.13
0.370.26-0.210.270.380.610.240.02-0.09-0.460.160.45-0.960.160.4-0.040.070.310.170.010.370.31-0.060.24-0.04
0.680.150.370.70.660.17-0.3-0.830.73-0.010.80.41-0.150.820.73-0.040.60.410.810.47-0.070.590.720.8-0.22
0.42-0.10.140.520.45-0.06-0.07-0.60.350.030.50.15-0.140.650.530.070.60.10.40.280.30.320.570.58-0.32
0.790.90.430.720.560.7-0.38-0.240.44-0.450.660.75-0.40.610.740.310.410.10.580.09-0.260.940.360.70.42
0.830.450.360.690.850.61-0.28-0.710.94-0.340.780.76-0.310.750.740.170.810.40.580.23-0.30.690.860.77-0.06
0.18-0.120.270.280.15-0.15-0.25-0.340.09-0.050.29-0.02-0.080.320.290.010.470.280.090.230.140.190.00.310.0
-0.33-0.18-0.38-0.25-0.33-0.220.380.35-0.51-0.04-0.4-0.33-0.43-0.28-0.210.37-0.070.3-0.26-0.30.14-0.28-0.43-0.290.02
0.920.760.460.910.730.68-0.39-0.480.55-0.350.840.81-0.40.810.890.310.590.320.940.690.19-0.280.540.870.29
0.740.20.30.650.810.39-0.22-0.820.94-0.110.770.61-0.030.780.66-0.060.720.570.360.860.0-0.430.540.75-0.28
0.940.390.420.940.860.46-0.33-0.830.69-0.160.980.68-0.320.990.960.240.80.580.70.770.31-0.290.870.75-0.14
0.020.670.140.08-0.20.31-0.170.5-0.14-0.12-0.170.210.02-0.22-0.13-0.04-0.22-0.320.42-0.060.00.020.29-0.28-0.14
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United Microelectronics Account Relationship Matchups

United Microelectronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets370.2B377.5B464.4B533.1B546.6B375.7B
Short Long Term Debt Total65.9B41.4B46.8B45.6B80.2B54.1B
Other Current Liab50.3B57.7B93.1B87.7B57.7B60.5B
Total Current Liabilities72.7B78.2B105.5B108.6B99.0B58.3B
Total Stockholder Equity206.8B235.7B281.0B335.1B359.2B253.7B
Property Plant And Equipment Net158.9B141.1B145.4B198.0B246.1B175.5B
Current Deferred Revenue988.1M2.0B3.4B3.5B13.1B12.5B
Net Debt(29.6B)(52.6B)(85.8B)(128.2B)(68.4B)(65.0B)
Retained Earnings60.8B56.6B91.5B175.8B209.6B220.1B
Accounts Payable8.9B7.9B8.4B9.0B7.5B6.7B
Cash95.5B94.0B132.6B173.8B132.6B87.0B
Non Current Assets Total216.4B213.2B231.2B280.7B343.3B239.2B
Non Currrent Assets Other3.2B3.8B4.2B8.5B17.6B13.7B
Cash And Short Term Investments96.2B109.6B170.9B178.6B144.9B92.7B
Net Receivables26.6B27.5B36.4B37.3B33.2B22.1B
Common Stock Shares Outstanding13.2B12.5B12.5B12.7B12.4B13.0B
Short Term Investments722.8M15.5B38.3B4.8B12.3B12.9B
Liabilities And Stockholders Equity370.2B377.5B464.4B533.1B546.6B375.7B
Non Current Liabilities Total90.3B63.5B77.8B89.0B98.8B58.5B
Inventory21.7B22.6B23.0B31.1B35.7B37.5B
Other Current Assets2.9B21.0B3.0B5.4B3.0B3.4B
Other Stockholder Equity39.8B42.5B41.4B6.0B20.7B28.4B
Total Liab163.0B141.7B183.2B197.6B202.9B117.0B
Property Plant And Equipment Gross158.7B141.1B986.1B1.1T1.2T1.2T
Total Current Assets153.8B164.3B233.3B252.4B216.8B137.2B
Accumulated Other Comprehensive Income(11.0B)11.7B16.8B21.9B3.6B6.8B
Short Term Debt12.6B11.6B2.5B537.3M14.0B8.5B
Intangible Assets5.2B4.9B3.6B4.3B4.4B2.6B
Common Stock117.2B124.2B124.8B125.0B125.3B107.4B
Other Liab36.9B33.7B33.4B44.0B50.6B53.1B
Other Assets11.2B11.2B4.2B13.5B(13.5B)(12.8B)
Long Term Debt47.9B24.8B39.8B39.9B45.2B47.5B
Property Plant Equipment158.7B140.5B137.1B198.0B227.7B239.1B
Long Term Investments37.6B56.6B72.5B64.9B61.6B45.7B
Short Long Term Debt36.8B38.0B1.9B13.5B12.2B19.7B
Net Tangible Assets201.6B230.8B277.3B330.8B380.5B229.0B
Long Term Debt Total53.3B29.8B44.3B45.1B40.6B40.1B

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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 Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' 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 Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Semiconductors & Semiconductor Equipment 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 Microelectronics. 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 Microelectronics 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
(0.09)
Dividend Share
3
Earnings Share
0.63
Revenue Per Share
93.08
Quarterly Revenue Growth
0.06
The market value of United Microelectronics 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 Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' 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 Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' 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 Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' 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.