United Common Stock Shares Outstanding vs Non Current Liabilities Total Analysis

URI Stock  USD 862.43  17.89  2.03%   
United Rentals financial indicator trend analysis is much more than just breaking down United Rentals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Rentals is a good investment. Please check the relationship between United Rentals Common Stock Shares Outstanding and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

Common Stock Shares Outstanding vs Non Current Liabilities Total

Common Stock Shares Outstanding vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Rentals Common Stock Shares Outstanding account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United Rentals' Common Stock Shares Outstanding and Non Current Liabilities Total is -0.13. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of United Rentals, assuming nothing else is changed. The correlation between historical values of United Rentals' Common Stock Shares Outstanding and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of United Rentals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Shares Outstanding i.e., United Rentals' Common Stock Shares Outstanding and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Non Current Liabilities Total

Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Rentals 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 Rentals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.As of now, United Rentals' Selling General Administrative is increasing as compared to previous years. The United Rentals' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to under 411.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense424M445M635M508.0M
Depreciation And Amortization2.0B2.2B2.8B2.9B

United Rentals fundamental ratios Correlations

0.780.960.950.990.770.930.910.491.00.490.99-0.450.790.80.22-0.840.980.920.98-0.060.030.650.650.880.23
0.780.640.60.721.00.580.610.230.780.230.72-0.130.990.70.3-0.510.840.530.70.09-0.060.650.660.630.49
0.960.640.950.970.640.930.880.540.950.540.97-0.490.640.710.07-0.850.920.970.96-0.110.110.710.70.840.13
0.950.60.950.970.60.990.950.490.950.490.96-0.610.620.840.23-0.910.880.950.96-0.190.080.520.510.870.11
0.990.720.970.970.720.960.930.490.990.491.0-0.520.740.820.23-0.890.960.940.98-0.150.040.640.630.910.18
0.771.00.640.60.720.580.610.20.780.20.72-0.130.990.70.31-0.510.840.520.70.09-0.050.640.650.620.49
0.930.580.930.990.960.580.920.470.930.470.95-0.70.60.830.25-0.970.850.940.94-0.280.030.490.480.910.14
0.910.610.880.950.930.610.920.330.910.330.93-0.550.650.890.34-0.840.840.860.93-0.270.150.50.50.80.03
0.490.230.540.490.490.20.470.330.481.00.49-0.080.240.15-0.21-0.390.470.60.570.01-0.460.540.530.54-0.05
1.00.780.950.950.990.780.930.910.480.480.99-0.440.80.80.22-0.840.980.910.98-0.050.030.650.640.890.24
0.490.230.540.490.490.20.470.331.00.480.49-0.080.240.15-0.21-0.390.470.60.570.01-0.460.540.530.54-0.05
0.990.720.970.961.00.720.950.930.490.990.49-0.520.730.80.18-0.880.960.950.98-0.130.020.640.640.90.19
-0.45-0.13-0.49-0.61-0.52-0.13-0.7-0.55-0.08-0.44-0.08-0.52-0.13-0.57-0.340.82-0.32-0.54-0.450.640.07-0.03-0.03-0.62-0.21
0.790.990.640.620.740.990.60.650.240.80.240.73-0.130.740.35-0.530.850.530.720.05-0.060.640.650.650.44
0.80.70.710.840.820.70.830.890.150.80.150.8-0.570.740.47-0.80.730.690.79-0.290.160.370.370.730.11
0.220.30.070.230.230.310.250.34-0.210.22-0.210.18-0.340.350.47-0.290.210.020.24-0.50.150.060.070.180.15
-0.84-0.51-0.85-0.91-0.89-0.51-0.97-0.84-0.39-0.84-0.39-0.880.82-0.53-0.8-0.29-0.76-0.88-0.840.420.02-0.42-0.41-0.91-0.18
0.980.840.920.880.960.840.850.840.470.980.470.96-0.320.850.730.21-0.760.850.950.020.010.710.710.850.29
0.920.530.970.950.940.520.940.860.60.910.60.95-0.540.530.690.02-0.880.850.94-0.140.080.630.620.86-0.02
0.980.70.960.960.980.70.940.930.570.980.570.98-0.450.720.790.24-0.840.950.94-0.120.050.680.680.860.11
-0.060.09-0.11-0.19-0.150.09-0.28-0.270.01-0.050.01-0.130.640.05-0.29-0.50.420.02-0.14-0.120.03-0.15-0.16-0.250.03
0.03-0.060.110.080.04-0.050.030.15-0.460.03-0.460.020.07-0.060.160.150.020.010.080.050.030.080.07-0.21-0.42
0.650.650.710.520.640.640.490.50.540.650.540.64-0.030.640.370.06-0.420.710.630.68-0.150.081.00.510.06
0.650.660.70.510.630.650.480.50.530.640.530.64-0.030.650.370.07-0.410.710.620.68-0.160.071.00.50.06
0.880.630.840.870.910.620.910.80.540.890.540.9-0.620.650.730.18-0.910.850.860.86-0.25-0.210.510.50.26
0.230.490.130.110.180.490.140.03-0.050.24-0.050.19-0.210.440.110.15-0.180.29-0.020.110.03-0.420.060.060.26
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United Rentals Account Relationship Matchups

United Rentals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0B17.9B20.3B24.2B25.6B26.9B
Short Long Term Debt Total12.0B10.2B10.3B12.0B12.7B6.6B
Total Current Liabilities2.2B1.9B2.6B2.4B3.6B3.8B
Total Stockholder Equity3.8B4.5B6.0B7.1B8.1B8.5B
Property Plant And Equipment Net11.1B10.0B12.0B14.9B16.0B16.8B
Net Debt11.9B10.0B10.2B11.9B12.3B6.4B
Retained Earnings5.3B6.2B7.6B9.7B11.7B12.3B
Accounts Payable454M466M816M1.1B905M950.3M
Cash43M52M202M144M363M381.2M
Non Current Assets Total17.1B15.9B18.1B21.5B22.7B23.8B
Cash And Short Term Investments43M52M202M144M363M381.2M
Net Receivables1.5B1.3B1.7B2.0B2.2B2.3B
Common Stock Shares Outstanding77.7M72.9M72.8M71.0M68.7M68.2M
Liabilities And Stockholders Equity19.0B17.9B20.3B24.2B25.6B26.9B
Non Current Liabilities Total12.9B11.4B11.7B14.7B13.8B7.5B
Inventory120M125M164M232M205M112.3M
Other Current Assets140M375M166M381M62M58.9M
Other Stockholder Equity(1.3B)(1.5B)(1.4B)(2.3B)(3.3B)(3.1B)
Total Liab15.1B13.3B14.3B17.1B17.5B18.3B
Property Plant And Equipment Gross11.1B10.0B12.0B14.9B24.8B26.0B
Total Current Assets1.8B2.0B2.2B2.7B2.9B3.1B
Accumulated Other Comprehensive Income(186M)(146M)(171M)(264M)(228M)(216.6M)
Intangible Assets895M648M615M452M670M806.4M
Non Currrent Assets Other19M38M42M47M43M40.9M
Other Liab2.0B1.9B2.3B2.8B3.2B3.4B
Other Assets9.8B8.7B10.6B47M54.1M51.3M
Long Term Debt10.4B9.0B8.8B11.1B10.1B6.4B
Good Will5.2B5.2B5.5B6.0B5.9B3.0B
Property Plant Equipment604M1.3B1.4B14.9B17.2B18.0B
Other Current Liab692M669M798M1.0B880M924M
Current Deferred Revenue55M51M83M131M138M144.9M
Short Term Debt997M704M906M161M1.7B1.8B
Retained Earnings Total Equity5.3B6.2B7.6B9.7B11.1B11.7B
Deferred Long Term Liab1.9B1.8B2.2B2.7B3.1B1.7B
Treasury Stock(2.1B)(2.9B)(3.7B)(4.0B)(3.6B)(3.4B)
Net Tangible Assets(2.2B)4.5B6.0B7.1B8.1B8.5B
Long Term Debt Total10.4B9.0B8.8B11.2B12.9B9.9B

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When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' 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 Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Trading Companies & Distributors 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 Rentals. 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 Rentals 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
0.04
Dividend Share
6.37
Earnings Share
37.43
Revenue Per Share
224.056
Quarterly Revenue Growth
0.06
The market value of United Rentals 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 Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.