United Debt Ratio from 2010 to 2024

UBFO Stock  USD 10.30  0.13  1.28%   
United Security Debt Ratio yearly trend continues to be very stable with very little volatility. Debt Ratio is likely to grow to 0.06 this year. During the period from 2010 to 2024, United Security Debt Ratio quarterly data regression pattern had sample variance of  0.0003 and median of  0.01. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.0604544
Current Value
0.0635
Quarterly Volatility
0.01818535
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Security financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Security's main balance sheet or income statement drivers, such as Interest Expense of 11.6 M, Total Revenue of 35.7 M or Gross Profit of 35.7 M, as well as many indicators such as Price To Sales Ratio of 2.56, Dividend Yield of 0.0574 or PTB Ratio of 1.98. United financial statements analysis is a perfect complement when working with United Security Valuation or Volatility modules.
  
Check out the analysis of United Security Correlation against competitors.

Latest United Security's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of United Security Bancshares over the last few years. It is United Security's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Security's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

United Debt Ratio Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.01
Coefficient Of Variation100.40
Mean Deviation0.01
Median0.01
Standard Deviation0.02
Sample Variance0.0003
Range0.0616
R-Value0.55
Mean Square Error0.0002
R-Squared0.30
Significance0.04
Slope0
Total Sum of Squares0

United Debt Ratio History

2024 0.0635
2023 0.0605
2022 0.008377
2021 0.008407
2020 0.009998
2019 0.0113
2018 0.0109

Other Fundumenentals of United Security Banc

United Security Debt Ratio component correlations

0.910.41-0.180.940.630.70.79-0.150.470.840.510.790.57-0.130.880.66-0.510.030.870.550.230.69
0.910.49-0.330.910.390.790.760.080.540.970.510.580.7-0.210.930.56-0.220.00.820.480.130.48
0.410.490.130.560.140.420.46-0.080.280.510.350.30.440.060.460.37-0.110.190.470.390.140.09
-0.18-0.330.13-0.050.52-0.3-0.24-0.54-0.01-0.35-0.020.34-0.110.78-0.140.14-0.090.73-0.090.40.51-0.39
0.940.910.56-0.050.630.620.85-0.280.560.820.390.790.520.060.960.73-0.440.180.930.690.30.54
0.630.390.140.520.630.290.4-0.640.280.260.340.950.320.550.560.67-0.610.620.620.740.750.31
0.70.790.42-0.30.620.290.330.260.160.820.860.450.92-0.260.570.57-0.210.050.470.310.160.28
0.790.760.46-0.240.850.40.33-0.260.520.64-0.010.580.18-0.040.870.55-0.31-0.040.910.480.180.56
-0.150.08-0.08-0.54-0.28-0.640.26-0.26-0.090.280.22-0.560.27-0.7-0.22-0.520.58-0.55-0.4-0.62-0.6-0.14
0.470.540.28-0.010.560.280.160.52-0.090.49-0.010.340.190.070.620.18-0.040.10.520.340.160.21
0.840.970.51-0.350.820.260.820.640.280.490.590.470.76-0.330.830.43-0.09-0.080.680.340.030.41
0.510.510.35-0.020.390.340.86-0.010.22-0.010.590.390.9-0.060.280.44-0.310.260.210.350.190.14
0.790.580.30.340.790.950.450.58-0.560.340.470.390.430.370.720.73-0.620.460.770.70.690.46
0.570.70.44-0.110.520.320.920.180.270.190.760.90.43-0.070.510.41-0.090.280.370.350.320.04
-0.13-0.210.060.780.060.55-0.26-0.04-0.70.07-0.33-0.060.37-0.070.070.35-0.250.940.140.690.71-0.42
0.880.930.46-0.140.960.560.570.87-0.220.620.830.280.720.510.070.65-0.320.190.930.650.350.46
0.660.560.370.140.730.670.570.55-0.520.180.430.440.730.410.350.65-0.610.440.710.780.430.33
-0.51-0.22-0.11-0.09-0.44-0.61-0.21-0.310.58-0.04-0.09-0.31-0.62-0.09-0.25-0.32-0.61-0.25-0.45-0.51-0.37-0.69
0.030.00.190.730.180.620.05-0.04-0.550.1-0.080.260.460.280.940.190.44-0.250.20.750.77-0.42
0.870.820.47-0.090.930.620.470.91-0.40.520.680.210.770.370.140.930.71-0.450.20.710.370.51
0.550.480.390.40.690.740.310.48-0.620.340.340.350.70.350.690.650.78-0.510.750.710.550.07
0.230.130.140.510.30.750.160.18-0.60.160.030.190.690.320.710.350.43-0.370.770.370.55-0.09
0.690.480.09-0.390.540.310.280.56-0.140.210.410.140.460.04-0.420.460.33-0.69-0.420.510.07-0.09
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About United Security Financial Statements

United Security investors utilize fundamental indicators, such as Debt Ratio, to predict how United Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.06  0.06 
Cash Flow To Debt Ratio 0.29  0.28 

Pair Trading with United Security

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 United Security 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 United Security will appreciate offsetting losses from the drop in the long position's value.

Moving together with United Stock

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Moving against United Stock

  0.88TFC-PO Truist FinancialPairCorr
  0.87CFG-PE Citizens FinancialPairCorr
  0.86TFC-PR Truist FinancialPairCorr
  0.56NU Nu HoldingsPairCorr
  0.54WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to United Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Security 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 United Security - 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 United Security Bancshares to buy it.
The correlation of United Security 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 United Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Security Banc 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 United Security 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.
Pair CorrelationCorrelation Matching
When determining whether United Security Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Security'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 Security Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Security Bancshares Stock:
Check out the analysis of United Security Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Regional Banks 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 Security. 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 Security listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.48
Earnings Share
1.04
Revenue Per Share
3.026
Quarterly Revenue Growth
0.02
Return On Assets
0.014
The market value of United Security Banc 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 Security's value that differs from its market value or its book value, called intrinsic value, which is United Security'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 Security's market value can be influenced by many factors that don't directly affect United Security'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 Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Security'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.