United Property Plant And Equipment Gross vs Total Current Liabilities Analysis
UNFI Stock | USD 23.61 0.77 3.37% |
United Natural financial indicator trend analysis is much more than just breaking down United Natural Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Natural Foods is a good investment. Please check the relationship between United Natural Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Natural Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Property Plant And Equipment Gross vs Total Current Liabilities
Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Natural Foods Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between United Natural's Property Plant And Equipment Gross and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of United Natural Foods, assuming nothing else is changed. The correlation between historical values of United Natural's Property Plant And Equipment Gross and Total Current Liabilities 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 And Equipment Gross of United Natural Foods are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., United Natural's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant And Equipment Gross
Total Current Liabilities
Total Current Liabilities is an item on United Natural 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 Natural Foods 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.Most indicators from United Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Natural Foods 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 Natural Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. As of now, United Natural's Selling General Administrative is increasing as compared to previous years. The United Natural's current Enterprise Value is estimated to increase to about 1.6 B, while Tax Provision is forecasted to increase to (25.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 155M | 144M | 162M | 170.1M | Depreciation And Amortization | 285M | 304M | 319M | 335.0M |
United Natural fundamental ratios Correlations
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United Natural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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United Natural fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.6B | 7.5B | 7.6B | 7.4B | 7.5B | 7.9B | |
Short Long Term Debt Total | 3.7B | 3.4B | 3.4B | 3.3B | 3.5B | 3.7B | |
Other Current Liab | 11.4M | 346M | 492M | 426M | 485M | 509.3M | |
Total Current Liabilities | 2.4B | 2.5B | 2.4B | 2.4B | 2.4B | 2.5B | |
Total Stockholder Equity | 1.1B | 1.5B | 1.8B | 1.7B | 1.6B | 936.4M | |
Property Plant And Equipment Net | 2.7B | 2.8B | 2.9B | 3.0B | 3.2B | 3.3B | |
Net Debt | 3.6B | 3.4B | 3.3B | 3.2B | 3.5B | 3.7B | |
Retained Earnings | 837.6M | 978M | 1.2B | 1.3B | 1.1B | 641.5M | |
Accounts Payable | 1.6B | 1.6B | 1.7B | 1.8B | 1.7B | 1.8B | |
Cash | 47.0M | 41M | 44M | 37M | 40M | 20.7M | |
Non Current Assets Total | 3.9B | 4.0B | 3.8B | 3.9B | 4.1B | 4.3B | |
Non Currrent Assets Other | 73.2M | 142M | 105M | 150M | 179M | 188.0M | |
Cash And Short Term Investments | 47.0M | 41M | 44M | 37M | 40M | 20.7M | |
Net Receivables | 1.1B | 1.1B | 1.2B | 889M | 953M | 1.0B | |
Common Stock Shares Outstanding | 53.8M | 60M | 61M | 60.7M | 59.3M | 50.7M | |
Liabilities And Stockholders Equity | 7.6B | 7.5B | 7.6B | 7.4B | 7.5B | 7.9B | |
Non Current Liabilities Total | 4.1B | 3.5B | 3.4B | 3.2B | 3.5B | 3.7B | |
Inventory | 2.3B | 2.2B | 2.4B | 2.3B | 2.2B | 2.3B | |
Other Current Assets | 257.0M | 159M | 184M | 245M | 230M | 241.5M | |
Other Stockholder Equity | 544.5M | 575M | 584M | 520M | 549M | 317.8M | |
Total Liab | 6.4B | 6.0B | 5.8B | 5.7B | 5.9B | 6.2B | |
Property Plant And Equipment Gross | 2.7B | 2.8B | 2.9B | 3.0B | 4.6B | 4.9B | |
Total Current Assets | 3.7B | 3.6B | 3.8B | 3.5B | 3.4B | 3.6B | |
Accumulated Other Comprehensive Income | (237.9M) | (39M) | (20M) | (28M) | (47M) | (44.7M) | |
Short Term Debt | 214.4M | 497M | 183M | 198M | 192M | 130.4M | |
Intangible Assets | 969.6M | 891M | 819M | 722M | 649M | 681.5M | |
Common Stock Total Equity | 510K | 535K | 553K | 1M | 1.2M | 1.2M | |
Common Stock | 510K | 535K | 553K | 1M | 1.2M | 1.2M | |
Other Assets | 208.8M | 432M | 125M | 189M | 217.4M | 228.2M | |
Long Term Debt | 2.4B | 2.2B | 2.1B | 2.0B | 2.1B | 2.2B | |
Good Will | 362.5M | 442.3M | 19.6M | 20M | 19M | 18.1M | |
Property Plant Equipment | 2.7B | 1.1B | 2.9B | 3.0B | 3.4B | 3.6B | |
Current Deferred Revenue | 510.8M | 584M | 8M | 14M | 286M | 300.3M | |
Other Liab | 538.4M | 704M | 218M | 178M | 204.7M | 163.8M | |
Net Tangible Assets | 155.5M | 1.2B | 952M | 1.0B | 1.2B | 905.1M | |
Short Term Investments | 1.5M | 389K | 3M | 17M | 5M | 5.3M |
Currently Active Assets on Macroaxis
When determining whether United Natural Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Natural's 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 Natural Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Natural Foods Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Natural Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Consumer Staples Distribution & Retail 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 Natural. 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 Natural 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 (0.89) | Earnings Share (1.89) | Revenue Per Share 522.428 | Quarterly Revenue Growth 0.099 | Return On Assets 0.0123 |
The market value of United Natural Foods 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is United Natural's 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 Natural's market value can be influenced by many factors that don't directly affect United Natural's 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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Natural's 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.