Unisplendour Total Current Liabilities vs Long Term Investments Analysis

000938 Stock   25.14  0.16  0.64%   
Unisplendour Corp financial indicator trend analysis is much more than just breaking down Unisplendour Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unisplendour Corp is a good investment. Please check the relationship between Unisplendour Corp Total Current Liabilities and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Unisplendour Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Current Liabilities vs Long Term Investments

Total Current Liabilities vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unisplendour Corp Total Current Liabilities account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Unisplendour Corp's Total Current Liabilities and Long Term Investments is -0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Unisplendour Corp, assuming nothing else is changed. The correlation between historical values of Unisplendour Corp's Total Current Liabilities and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Unisplendour Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Liabilities i.e., Unisplendour Corp's Total Current Liabilities and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Unisplendour Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Unisplendour Corp 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.

Long Term Investments

Long Term Investments is an item on the asset side of Unisplendour Corp balance sheet that represents investments Unisplendour Corp intends to hold for over a year. Unisplendour Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Unisplendour Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unisplendour Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Unisplendour Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 4.8 B, whereas Tax Provision is forecasted to decline to about 71.9 M.
 2021 2022 2023 2024 (projected)
Operating Income4.5B5.6B5.1B5.4B
Total Revenue67.6B74.1B77.3B81.2B

Unisplendour Corp fundamental ratios Correlations

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0.990.660.970.970.950.960.970.870.60.990.890.550.960.930.980.90.90.960.710.19-0.920.920.940.840.94
0.960.451.00.870.950.990.980.720.720.950.980.420.990.790.980.980.750.890.87-0.09-0.770.890.940.720.94
0.960.50.990.880.960.990.970.720.660.950.960.450.980.80.990.970.760.90.84-0.07-0.780.870.940.70.93
0.980.50.990.910.970.980.970.810.730.970.940.440.990.850.970.920.810.910.770.05-0.820.90.920.740.95
0.850.770.760.920.870.720.720.810.380.870.610.680.740.920.790.60.920.870.330.47-0.940.840.770.890.8
0.66-0.070.710.520.60.720.660.730.380.610.80.10.760.450.620.710.390.470.71-0.17-0.360.550.570.340.65
0.990.630.980.970.990.950.950.970.870.610.910.550.960.920.970.910.890.960.750.16-0.910.930.940.830.92
0.920.330.970.80.890.980.960.940.610.80.910.30.980.720.930.990.670.820.93-0.16-0.670.830.890.630.88
0.510.660.440.580.550.420.450.440.680.10.550.30.420.580.480.330.610.620.130.27-0.680.520.520.640.46
0.970.441.00.890.960.990.980.990.740.760.960.980.420.820.970.970.780.890.85-0.02-0.790.890.930.730.93
0.930.750.840.990.930.790.80.850.920.450.920.720.580.820.860.740.990.910.50.52-0.980.830.840.840.8
0.970.60.980.920.980.980.990.970.790.620.970.930.480.970.860.940.830.930.770.05-0.850.890.940.760.96
0.920.40.970.810.90.980.970.920.60.710.910.990.330.970.740.940.690.840.94-0.15-0.70.830.910.640.86
0.90.770.80.970.90.750.760.810.920.390.890.670.610.780.990.830.690.920.450.56-0.990.840.850.870.74
0.940.720.910.940.960.890.90.910.870.470.960.820.620.890.910.930.840.920.650.21-0.950.960.970.890.84
0.750.150.840.590.710.870.840.770.330.710.750.930.130.850.50.770.940.450.65-0.38-0.450.670.760.410.68
0.180.470.00.40.19-0.09-0.070.050.47-0.170.16-0.160.27-0.020.520.05-0.150.560.21-0.38-0.50.090.060.330.0
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0.910.620.90.880.920.890.870.90.840.550.930.830.520.890.830.890.830.840.960.670.09-0.870.950.910.84
0.940.570.940.90.940.940.940.920.770.570.940.890.520.930.840.940.910.850.970.760.06-0.860.950.820.84
0.810.720.750.860.840.720.70.740.890.340.830.630.640.730.840.760.640.870.890.410.33-0.910.910.820.75
0.930.520.940.870.940.940.930.950.80.650.920.880.460.930.80.960.860.740.840.680.0-0.780.840.840.75
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Unisplendour Corp Account Relationship Matchups

Unisplendour Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets54.7B58.8B66.4B74.1B87.3B91.6B
Other Current Liab6.4B6.2B8.8B2.6B2.2B2.0B
Total Current Liabilities20.9B23.4B28.4B33.3B39.3B41.3B
Total Stockholder Equity28.2B29.7B30.0B31.8B33.9B35.6B
Other Liab1.2B1.4B1.7B1.8B2.1B2.2B
Retained Earnings6.1B7.4B9.3B10.9B13.0B13.6B
Accounts Payable7.5B10.4B11.8B13.2B14.4B15.1B
Cash9.8B9.0B9.0B10.7B14.7B15.4B
Other Assets3.6B4.7B3.2B2.7B3.1B3.3B
Long Term Debt958.5M323.6M100.1M200.2M5.1B5.3B
Net Receivables10.6B9.2B12.4B13.0B14.1B14.8B
Inventory7.9B9.6B18.4B20.3B27.9B29.3B
Other Current Assets2.4B2.2B2.6B2.0B1.6B947.6M
Total Liab22.4B24.7B30.8B36.2B47.2B49.6B
Intangible Assets3.6B3.9B4.0B3.7B4.1B4.3B
Property Plant Equipment589.3M591.2M989.2M1.9B2.1B2.2B
Net Tangible Assets8.9B10.6B10.3B12.1B13.9B9.1B
Other Stockholder Equity151.5M16.8M(9.9M)17.8B20.5B21.5B
Deferred Long Term Liab691.8M517.9M491.1M72.2M65.0M61.7M
Short Long Term Debt4.3B3.1B4.3B4.2B6.3B3.4B
Total Current Assets31.6B35.4B43.6B50.7B63.6B35.7B
Non Current Assets Total23.2B24.0B22.9B23.4B23.6B25.0B
Non Currrent Assets Other1.4B2.0B523.7M842.0M583.2M772.4M
Short Term Investments778.5M2.1B1.1B1.4B314.2M298.5M
Non Current Liabilities Total1.5B1.6B2.3B2.9B7.9B8.3B
Non Current Liabilities Other114.4M212.5M245.2M282.5M319.5M197.4M
Net Invested Capital32.4B32.8B34.4B36.2B45.3B37.7B
Net Working Capital10.7B11.8B15.1B17.4B24.3B15.4B

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Other Information on Investing in Unisplendour Stock

Balance Sheet is a snapshot of the financial position of Unisplendour Corp at a specified time, usually calculated after every quarter, six months, or one year. Unisplendour Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unisplendour Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Unisplendour currently owns. An asset can also be divided into two categories, current and non-current.