Itau Accounts Payable vs Common Stock Shares Outstanding Analysis

ITUB Stock  USD 5.27  0.11  2.04%   
Itau Unibanco financial indicator trend analysis is infinitely more than just investigating Itau Unibanco Banco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Itau Unibanco Banco is a good investment. Please check the relationship between Itau Unibanco Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Itau Unibanco Banco Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Itau Unibanco's Accounts Payable and Common Stock Shares Outstanding is 0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Itau Unibanco Banco, assuming nothing else is changed. The correlation between historical values of Itau Unibanco's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Itau Unibanco Banco are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Itau Unibanco's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Itau Unibanco obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Itau Unibanco Banco are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Itau Unibanco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Itau Unibanco Banco 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
The current year's Enterprise Value is expected to grow to about 579.5 B, whereas Selling General Administrative is forecasted to decline to about 30.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit121.8B138.6B344.8B362.0B
Total Revenue121.8B138.6B124.5B76.9B

Itau Unibanco fundamental ratios Correlations

0.960.940.980.850.770.890.930.020.250.75-0.49-0.370.970.20.850.710.40.620.670.25-0.881.00.88-0.340.97
0.960.960.960.840.720.940.910.00.170.76-0.52-0.370.960.140.820.680.410.630.690.25-0.860.960.86-0.30.97
0.940.960.940.790.650.940.930.050.020.85-0.65-0.480.93-0.020.790.610.380.570.790.27-0.840.940.82-0.370.99
0.980.960.940.860.750.870.89-0.020.260.72-0.46-0.270.940.210.760.780.480.610.640.34-0.850.980.8-0.20.96
0.850.840.790.860.620.680.780.050.250.64-0.39-0.30.80.170.70.640.30.490.560.23-0.720.850.7-0.30.82
0.770.720.650.750.620.650.590.00.550.31-0.1-0.060.730.530.550.860.540.750.230.34-0.640.770.62-0.180.71
0.890.940.940.870.680.650.89-0.13-0.010.78-0.58-0.460.90.010.80.570.290.540.720.24-0.90.90.83-0.370.94
0.930.910.930.890.780.590.890.130.010.87-0.67-0.60.94-0.080.930.470.220.510.810.02-0.860.940.94-0.520.95
0.020.00.05-0.020.050.0-0.130.130.160.04-0.07-0.20.1-0.080.13-0.150.120.140.04-0.140.370.020.09-0.260.08
0.250.170.020.260.250.55-0.010.010.16-0.430.60.620.260.95-0.030.560.540.46-0.530.24-0.020.250.090.350.11
0.750.760.850.720.640.310.780.870.04-0.43-0.9-0.790.72-0.490.810.240.040.280.990.01-0.740.750.75-0.580.82
-0.49-0.52-0.65-0.46-0.39-0.1-0.58-0.67-0.070.6-0.90.75-0.450.62-0.6-0.01-0.1-0.27-0.920.060.51-0.5-0.550.48-0.6
-0.37-0.37-0.48-0.27-0.3-0.06-0.46-0.6-0.20.62-0.790.75-0.370.69-0.70.230.420.02-0.820.370.43-0.38-0.550.91-0.48
0.970.960.930.940.80.730.90.940.10.260.72-0.45-0.370.20.860.650.390.640.640.19-0.840.970.89-0.350.96
0.20.14-0.020.210.170.530.01-0.08-0.080.95-0.490.620.690.2-0.10.550.550.49-0.580.28-0.060.190.030.430.06
0.850.820.790.760.70.550.80.930.13-0.030.81-0.6-0.70.86-0.10.33-0.010.430.76-0.15-0.820.860.94-0.680.85
0.710.680.610.780.640.860.570.47-0.150.560.24-0.010.230.650.550.330.650.680.160.58-0.570.70.430.220.64
0.40.410.380.480.30.540.290.220.120.540.04-0.10.420.390.55-0.010.650.75-0.010.54-0.150.40.160.470.38
0.620.630.570.610.490.750.540.510.140.460.28-0.270.020.640.490.430.680.750.210.3-0.460.620.520.020.62
0.670.690.790.640.560.230.720.810.04-0.530.99-0.92-0.820.64-0.580.760.16-0.010.21-0.02-0.680.670.69-0.590.75
0.250.250.270.340.230.340.240.02-0.140.240.010.060.370.190.28-0.150.580.540.3-0.02-0.10.24-0.210.420.22
-0.88-0.86-0.84-0.85-0.72-0.64-0.9-0.860.37-0.02-0.740.510.43-0.84-0.06-0.82-0.57-0.15-0.46-0.68-0.1-0.88-0.840.38-0.85
1.00.960.940.980.850.770.90.940.020.250.75-0.5-0.380.970.190.860.70.40.620.670.24-0.880.88-0.350.97
0.880.860.820.80.70.620.830.940.090.090.75-0.55-0.550.890.030.940.430.160.520.69-0.21-0.840.88-0.520.87
-0.34-0.3-0.37-0.2-0.3-0.18-0.37-0.52-0.260.35-0.580.480.91-0.350.43-0.680.220.470.02-0.590.420.38-0.35-0.52-0.41
0.970.970.990.960.820.710.940.950.080.110.82-0.6-0.480.960.060.850.640.380.620.750.22-0.850.970.87-0.41
Click cells to compare fundamentals

Itau Unibanco Account Relationship Matchups

Itau Unibanco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T2.0T2.1T2.3T2.5T2.7T
Short Long Term Debt Total279.3B299.6B321.2B428.0B451.8B474.4B
Total Current Liabilities126.5B102.1B104.8B148.3B187.0B196.4B
Total Stockholder Equity136.9B143.0B152.9B168.0B190.2B199.7B
Other Liab241.8B244.0B255.8B275.8B317.2B333.1B
Property Plant And Equipment Net11.0B11.8B12.0B11.6B12.5B6.9B
Net Debt123.1B107.6B102.2B217.2B223.4B234.6B
Retained Earnings42.5B47.3B66.2B86.2B104.5B109.7B
Accounts Payable28.7B31.2B30.2B37.5B30.8B25.4B
Cash156.2B192.0B219.0B210.7B40.6B38.6B
Non Current Assets Total595.4B658.2B645.7B744.2B3.4T3.6T
Non Currrent Assets Other(45.7B)(61.6B)(55.3B)(59.3B)(930.2B)(883.7B)
Other Assets799.2B1.0T1.0T1.2T(894.3B)(849.6B)
Long Term Debt155.3B192.4B211.1B275.7B261.5B274.6B
Cash And Short Term Investments232.9B301.9B324.7B331.8B40.6B38.6B
Net Receivables10.0B56.9B66.3B78.4B96.5B101.3B
Common Stock Total Equity99.1B99.3B97.1B99.7B114.6B60.4B
Common Stock Shares Outstanding9.8B9.8B9.8B9.9B9.9B9.4B
Short Term Investments76.7B109.9B105.6B121.1B130.0B70.4B
Liabilities And Stockholders Equity1.6T2.0T2.1T2.3T2.5T2.7T
Non Current Liabilities Total283.1B201.0B220.0B148.3B2.3T2.5T
Other Current Assets740.5B923.0B5.2B556.1B612.9B421.3B
Other Stockholder Equity(43.8B)(45.7B)(66.7B)(86.3B)(104.5B)(99.3B)
Total Liab1.5T1.9T1.9T2.1T2.3T2.5T
Property Plant And Equipment Gross7.2B11.8B27.1B27.2B27.8B29.2B
Total Current Assets242.9B358.8B391.0B410.2B40.6B38.6B
Accumulated Other Comprehensive Income38.9B44.2B62.7B77.3B99.5B104.4B
Short Term Debt123.9B119.3B126.0B158.2B187.0B196.4B
Intangible Assets8.6B9.1B13.3B15.6B15.5B16.3B
Common Stock99.3B99.3B99.7B90.7B104.3B66.8B
Property Plant Equipment10.8B11.8B12.0B11.6B13.4B14.0B
Inventory(740.5B)(923.0B)(863.4B)(556.1B)(137.1B)(144.0B)
Good Will11.2B8.2B7.8B7.6B7.8B7.1B
Other Current Liab(28.7B)(5.6B)(6.4B)(6.9B)(197.6B)(187.7B)
Current Deferred Revenue2.7B3.2B3.3B2.7B1.3B2.2B
Net Tangible Assets117.2B125.7B131.8B144.8B166.6B112.2B
Long Term Investments542.2B629.1B612.6B709.5B894.3B489.0B
Short Long Term Debt123.9B102.1B104.8B148.3B187.0B113.3B
Capital Lease Obligations4.1B5.1B5.3B3.9B3.3B2.7B

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When determining whether Itau Unibanco Banco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itau Unibanco'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 Itau Unibanco Banco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itau Unibanco Banco Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Diversified 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 Itau Unibanco. If investors know Itau 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 Itau Unibanco 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
0.189
Dividend Share
1.609
Earnings Share
0.66
Revenue Per Share
13.51
Quarterly Revenue Growth
(0)
The market value of Itau Unibanco Banco is measured differently than its book value, which is the value of Itau that is recorded on the company's balance sheet. Investors also form their own opinion of Itau Unibanco's value that differs from its market value or its book value, called intrinsic value, which is Itau Unibanco'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 Itau Unibanco's market value can be influenced by many factors that don't directly affect Itau Unibanco'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 Itau Unibanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itau Unibanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itau Unibanco'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.