Unum Interest Income vs Ebitda Analysis
UNMA Stock | USD 25.04 0.03 0.12% |
Unum financial indicator trend analysis is much more than just breaking down Unum Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unum Group is a good investment. Please check the relationship between Unum Interest Income and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. 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.
Interest Income vs Ebitda
Interest Income vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unum Group Interest Income account and Ebitda. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Unum's Interest Income and Ebitda is -0.6. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Unum Group, assuming nothing else is changed. The correlation between historical values of Unum's Interest Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Unum Group are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Interest Income i.e., Unum's Interest Income and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Ebitda
Most indicators from Unum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unum Group 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 Unum Group. 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. At present, Unum's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 4.45, whereas Selling General Administrative is forecasted to decline to about 909 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.8B | 11.5B | 11.9B | 8.4B | Total Revenue | 12.0B | 12.0B | 12.4B | 8.6B |
Unum fundamental ratios Correlations
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Unum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unum fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 67.0B | 70.6B | 70.1B | 51.3B | 63.3B | 44.3B | |
Total Stockholder Equity | 10.0B | 10.9B | 11.4B | 8.7B | 9.7B | 6.5B | |
Retained Earnings | 10.7B | 11.3B | 11.9B | 13.1B | 11.4B | 12.0B | |
Common Stock Shares Outstanding | 209.9M | 203.8M | 204.8M | 202.1M | 197.6M | 247.8M | |
Liabilities And Stockholders Equity | 67.0B | 70.6B | 70.1B | 51.3B | 63.3B | 44.3B | |
Other Stockholder Equity | (831.6M) | (803.5M) | (821.6M) | (988.8M) | 1.5B | 1.6B | |
Property Plant And Equipment Net | 534.1M | 498M | 462.7M | 489.4M | 521.1M | 394.8M | |
Non Current Assets Total | 49.6B | 46.5B | 45.6B | 46.6B | 63.1B | 66.3B | |
Non Currrent Assets Other | (122.7M) | (158.8M) | (144.5M) | 40.7B | 56.9B | 59.8B | |
Other Assets | 9.6B | 10.2B | 10.6B | 1.0 | 62.2B | 65.3B | |
Net Receivables | 6.4B | 12.3B | 12.4B | 1.5B | 10.7B | 5.3B | |
Total Current Assets | 7.8B | 13.9B | 13.9B | 4.7B | 146M | 138.7M | |
Short Long Term Debt Total | 3.3B | 3.4B | 3.5B | 3.4B | 3.4B | 2.4B | |
Net Debt | 3.2B | 3.1B | 3.4B | 3.3B | 3.3B | 2.3B | |
Non Current Liabilities Total | 3.4B | 3.8B | 3.9B | 52.6B | 53.6B | 56.3B | |
Total Liab | 57.0B | 3.8B | 3.9B | 42.6B | 53.6B | 36.8B | |
Other Current Liab | (399.7M) | (11.5B) | (11.5B) | (10.2B) | (9.5B) | (9.0B) | |
Total Current Liabilities | 399.7M | (11.5B) | (11.5B) | (10.0B) | (9.4B) | (9.0B) | |
Cash | 84.1M | 197M | 75M | 119.2M | 146M | 116.6M | |
Cash And Short Term Investments | 1.4B | 1.7B | 1.5B | 119.2M | 146M | 138.7M | |
Short Term Investments | 1.3B | 1.5B | 1.4B | 2.5B | 2.5B | 2.4B | |
Accumulated Other Comprehensive Income | 37.3M | 374.2M | 354.1M | (3.4B) | (3.3B) | (3.1B) | |
Good Will | 351.7M | 353M | 352.2M | 347.6M | 349.9M | 301.5M | |
Other Current Assets | 4.5B | 4.8B | 4.4B | 4.7B | 4.9B | 4.6B | |
Intangible Assets | 88.7M | 83.8M | 73.1M | 2.6B | 2.8B | 2.9B | |
Property Plant And Equipment Gross | 504.8M | 546.9M | 534.1M | 498M | 572.7M | 566.1M | |
Net Tangible Assets | 9.6B | 10.5B | 11.1B | 8.8B | 10.2B | 10.0B | |
Accounts Payable | 24M | 256.7M | 159.1M | 76M | 87.4M | 82.4M | |
Retained Earnings Total Equity | 10.7B | 11.3B | 11.9B | 12.9B | 14.8B | 10.6B | |
Long Term Debt Total | 2.9B | 3.3B | 3.4B | 3.4B | 3.9B | 3.2B | |
Capital Surpluse | 2.3B | 2.4B | 2.4B | 2.4B | 2.2B | 1.9B | |
Long Term Investments | 56.5B | 53.3B | 52.8B | 44.3B | 39.9B | 41.4B | |
Non Current Liabilities Other | 53.4B | 56.0B | 54.6B | 48.6B | 55.9B | 56.1B | |
Property Plant Equipment | 534.1M | 498M | 462.7M | 451.7M | 406.5M | 404.9M |
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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 Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum'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 Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. 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. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Life & Health Insurance 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 Unum. If investors know Unum 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 Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.95 |
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum'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 Unum's market value can be influenced by many factors that don't directly affect Unum'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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum'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.