United Property Plant And Equipment Gross vs Total Assets Analysis

UAL Stock  USD 96.83  0.48  0.50%   
United Airlines financial indicator trend analysis is much more than just breaking down United Airlines Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Airlines Holdings is a good investment. Please check the relationship between United Airlines Property Plant And Equipment Gross and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. 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.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Airlines Holdings Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between United Airlines' Property Plant And Equipment Gross and Total Assets is 0.89. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of United Airlines Holdings, assuming nothing else is changed. The correlation between historical values of United Airlines' Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of United Airlines Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., United Airlines' Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of United Airlines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in United Airlines Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from United Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Airlines Holdings 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 Airlines Holdings. 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.
At this time, United Airlines' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.37 this year, although the value of Selling General Administrative will most likely fall to about 1.9 B.
 2021 2022 2023 2024 (projected)
Total Revenue24.6B45.0B53.7B56.4B
Interest Expense1.6B1.7B1.8B1.9B

United Airlines fundamental ratios Correlations

0.950.860.950.540.970.940.340.860.630.980.070.880.74-0.650.110.960.910.330.160.980.890.910.93-0.650.64
0.950.930.870.370.920.950.260.750.760.890.00.960.7-0.41-0.060.960.810.130.00.960.850.960.97-0.410.58
0.860.930.840.240.810.90.090.760.670.770.190.950.65-0.32-0.020.890.750.090.090.90.830.950.92-0.320.72
0.950.870.840.510.910.910.260.970.470.940.210.820.75-0.650.160.870.940.290.250.940.910.860.89-0.650.77
0.540.370.240.510.680.530.910.54-0.080.66-0.40.170.23-0.37-0.170.290.70.17-0.270.370.610.190.34-0.370.42
0.970.920.810.910.680.960.520.850.520.98-0.090.790.66-0.56-0.060.880.950.24-0.030.920.930.820.9-0.560.65
0.940.950.90.910.530.960.390.850.520.92-0.030.860.67-0.41-0.120.890.910.08-0.060.920.940.870.94-0.410.77
0.340.260.090.260.910.520.390.28-0.10.46-0.650.030.03-0.05-0.460.120.49-0.04-0.610.170.450.020.21-0.050.21
0.860.750.760.970.540.850.850.280.280.860.230.70.72-0.60.110.740.930.280.210.830.880.750.79-0.60.84
0.630.760.670.47-0.080.520.52-0.10.280.510.050.830.51-0.280.10.790.310.190.120.710.380.810.7-0.280.0
0.980.890.770.940.660.980.920.460.860.510.00.770.69-0.690.10.890.940.370.120.930.90.810.87-0.690.62
0.070.00.190.21-0.4-0.09-0.03-0.650.230.050.00.150.23-0.310.580.130.060.180.70.160.090.190.11-0.310.19
0.880.960.950.820.170.790.860.030.70.830.770.150.71-0.390.070.940.680.150.150.930.740.990.93-0.390.55
0.740.70.650.750.230.660.670.030.720.510.690.230.71-0.580.430.730.610.320.360.760.560.740.66-0.580.52
-0.65-0.41-0.32-0.65-0.37-0.56-0.41-0.05-0.6-0.28-0.69-0.31-0.39-0.58-0.67-0.6-0.57-0.8-0.69-0.63-0.41-0.46-0.391.0-0.27
0.11-0.06-0.020.16-0.17-0.06-0.12-0.460.110.10.10.580.070.43-0.670.15-0.040.550.910.16-0.160.12-0.08-0.67-0.04
0.960.960.890.870.290.880.890.120.740.790.890.130.940.73-0.60.150.770.330.210.990.790.960.93-0.60.51
0.910.810.750.940.70.950.910.490.930.310.940.060.680.61-0.57-0.040.770.260.050.850.970.720.84-0.570.76
0.330.130.090.290.170.240.08-0.040.280.190.370.180.150.32-0.80.550.330.260.570.330.10.20.09-0.8-0.03
0.160.00.090.25-0.27-0.03-0.06-0.610.210.120.120.70.150.36-0.690.910.210.050.570.23-0.050.210.03-0.690.08
0.980.960.90.940.370.920.920.170.830.710.930.160.930.76-0.630.160.990.850.330.230.850.960.95-0.630.61
0.890.850.830.910.610.930.940.450.880.380.90.090.740.56-0.41-0.160.790.970.1-0.050.850.770.9-0.410.76
0.910.960.950.860.190.820.870.020.750.810.810.190.990.74-0.460.120.960.720.20.210.960.770.94-0.460.58
0.930.970.920.890.340.90.940.210.790.70.870.110.930.66-0.39-0.080.930.840.090.030.950.90.94-0.390.62
-0.65-0.41-0.32-0.65-0.37-0.56-0.41-0.05-0.6-0.28-0.69-0.31-0.39-0.581.0-0.67-0.6-0.57-0.8-0.69-0.63-0.41-0.46-0.39-0.27
0.640.580.720.770.420.650.770.210.840.00.620.190.550.52-0.27-0.040.510.76-0.030.080.610.760.580.62-0.27
Click cells to compare fundamentals

United Airlines Account Relationship Matchups

United Airlines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets52.6B59.5B68.2B67.4B71.1B74.7B
Short Long Term Debt Total20.5B32.8B40.2B36.4B36.7B38.6B
Other Current Liab2.8B6.7B9.0B10.3B10.5B11.0B
Total Current Liabilities14.9B12.7B18.3B20.0B22.2B23.3B
Total Stockholder Equity11.5B6.0B5.0B6.9B9.3B9.8B
Property Plant And Equipment Net34.9B36.0B36.7B38.3B43.7B45.9B
Net Debt17.7B21.5B21.9B29.3B30.7B32.2B
Retained Earnings9.7B2.6B625M1.3B3.8B4.0B
Accounts Payable2.7B1.6B2.6B3.4B3.8B4.0B
Cash2.8B11.3B18.3B7.2B6.1B6.4B
Non Current Assets Total44.4B44.7B46.3B47.3B52.6B55.2B
Non Currrent Assets Other106M249M289M210M1.3B684.7M
Cash And Short Term Investments4.9B11.7B18.4B16.4B14.4B15.1B
Net Receivables1.4B1.3B1.7B1.8B1.9B1.2B
Common Stock Shares Outstanding259.9M279.4M321.9M330.1M331.9M194.0M
Liabilities And Stockholders Equity52.6B59.5B68.2B67.4B71.1B74.7B
Non Current Liabilities Total26.1B40.9B44.8B40.5B39.6B41.6B
Inventory1.1B932M983M1.1B1.6B1.6B
Other Current Assets814M890M782M734M640M764.2M
Other Stockholder Equity2.5B4.5B5.3B5.5B5.6B4.4B
Total Liab41.1B53.6B63.1B60.5B61.8B64.9B
Property Plant And Equipment Gross34.9B36.0B36.7B38.3B66.4B69.8B
Total Current Assets8.2B14.8B21.8B20.1B18.5B19.4B
Accumulated Other Comprehensive Income(718M)(1.1B)(942M)175M(62M)(65.1M)
Short Term Debt2.1B3.5B4.5B3.6B4.8B5.1B
Short Term Investments2.2B414M123M9.2B8.3B8.7B
Intangible Assets3.0B2.8B2.8B2.8B2.7B3.1B
Current Deferred Revenue7.3B5.7B8.6B10.2B3.1B4.8B
Other Liab7.8B9.7B8.2B6.8B6.1B8.8B
Other Assets2.2B28.9B948M3.1B3.6B3.0B
Long Term Debt13.1B24.8B30.4B28.3B25.1B26.3B
Treasury Stock(3.6B)(3.9B)(3.8B)(3.5B)(3.2B)(3.0B)
Property Plant Equipment30.2B36.0B36.7B54.9B63.2B66.3B
Retained Earnings Total Equity9.7B2.6B625M1.3B1.5B1.9B
Net Tangible Assets19.5B17.4B(2.3B)16.3B18.7B19.7B
Long Term Debt Total13.1B24.8B30.4B28.3B32.5B18.2B

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When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. 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.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Passenger Airlines 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 Airlines. 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 Airlines 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
(0.15)
Earnings Share
8.39
Revenue Per Share
170.467
Quarterly Revenue Growth
0.025
Return On Assets
0.0411
The market value of United Airlines Holdings 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 Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' 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 Airlines' market value can be influenced by many factors that don't directly affect United Airlines' 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 Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Airlines' 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.