United Total Current Assets from 2010 to 2024

UFCS Stock  USD 30.60  0.68  2.27%   
United Fire Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 427.2 M in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1989-09-30
Previous Quarter
892.8 M
Current Value
806.4 M
Quarterly Volatility
488.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Fire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Fire's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Total Revenue of 635.1 M or Gross Profit of 634.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0214 or PTB Ratio of 1.26. United financial statements analysis is a perfect complement when working with United Fire Valuation or Volatility modules.
  
Check out the analysis of United Fire Correlation against competitors.

Latest United Fire's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of United Fire Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. United Fire's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Fire's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

United Total Current Assets Regression Statistics

Arithmetic Mean434,302,750
Geometric Mean366,305,605
Coefficient Of Variation36.70
Mean Deviation115,770,866
Median424,250,000
Standard Deviation159,384,024
Sample Variance25403.3T
Range611.8M
R-Value0.78
Mean Square Error10542.9T
R-Squared0.61
Significance0.0005
Slope27,940,524
Total Sum of Squares355645.7T

United Total Current Assets History

2024427.2 M
2023594.6 M
2022580.1 M
2021609.3 M
2020632.1 M
2019570.1 M
2018487.8 M

About United Fire Financial Statements

United Fire shareholders use historical fundamental indicators, such as Total Current Assets, to determine how well the company is positioned to perform in the future. Although United Fire investors may analyze each financial statement separately, they are all interrelated. The changes in United Fire's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Fire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Current Assets594.6 M427.2 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.