United Other Liab vs Cash Analysis

UBFO Stock  USD 10.30  0.13  1.28%   
United Security financial indicator trend analysis is much more than just breaking down United Security Banc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Security Banc is a good investment. Please check the relationship between United Security Other Liab and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Security Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Liab vs Cash

Other Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Security Banc Other Liab account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between United Security's Other Liab and Cash is 0.36. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Cash in the same time period over historical financial statements of United Security Bancshares, assuming nothing else is changed. The correlation between historical values of United Security's Other Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of United Security Bancshares are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Liab i.e., United Security's Other Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Liab

Cash

Cash refers to the most liquid asset of United Security Banc, which is listed under current asset account on United Security Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from United Security customers. The amounts must be unrestricted with restricted cash listed in a different United Security account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from United Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Security Banc 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 Security Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, United Security's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 14th of December 2024, Enterprise Value Multiple is likely to grow to 6.31, while Selling General Administrative is likely to drop about 11 M.
 2021 2022 2023 2024 (projected)
Total Revenue38.9M47.8M65.4M35.7M
Interest Expense2.1M3.2M11.1M11.6M

United Security fundamental ratios Correlations

0.910.140.46-0.580.410.310.660.210.880.44-0.180.940.630.30.250.170.70.470.790.850.48-0.470.34-0.150.47
0.910.130.51-0.660.490.270.410.160.820.51-0.330.910.390.450.20.160.790.50.760.970.25-0.480.320.080.54
0.140.13-0.15-0.140.02-0.63-0.26-0.670.140.26-0.5-0.02-0.310.39-0.68-0.690.250.620.090.130.19-0.11-0.560.55-0.1
0.460.51-0.15-0.430.320.660.490.580.490.710.110.430.530.060.590.590.73-0.050.160.50.210.00.76-0.040.17
-0.58-0.66-0.14-0.43-0.41-0.17-0.33-0.09-0.43-0.30.04-0.64-0.34-0.1-0.1-0.06-0.55-0.31-0.43-0.63-0.460.16-0.19-0.02-0.6
0.410.490.020.32-0.410.310.00.270.450.280.130.560.14-0.060.220.220.42-0.060.460.550.540.070.35-0.080.28
0.310.27-0.630.66-0.170.310.660.990.430.150.580.450.75-0.370.990.980.28-0.570.220.270.170.180.98-0.580.22
0.660.41-0.260.49-0.330.00.660.620.560.140.410.630.98-0.280.660.570.3-0.110.410.330.49-0.070.63-0.580.28
0.210.16-0.670.58-0.090.270.990.620.330.030.650.360.72-0.461.00.990.15-0.670.150.160.140.260.95-0.610.2
0.880.820.140.49-0.430.450.430.560.330.44-0.20.860.560.360.370.310.710.360.810.760.32-0.450.46-0.210.34
0.440.510.260.71-0.30.280.150.140.030.44-0.280.310.130.360.040.050.880.340.010.550.13-0.160.340.31-0.05
-0.18-0.33-0.50.110.040.130.580.410.65-0.2-0.28-0.050.52-0.970.60.59-0.3-0.89-0.24-0.260.420.720.51-0.54-0.01
0.940.91-0.020.43-0.640.560.450.630.360.860.31-0.050.630.180.390.320.620.290.850.860.48-0.410.45-0.280.56
0.630.39-0.310.53-0.340.140.750.980.720.560.130.520.63-0.380.740.650.29-0.240.40.330.560.020.71-0.640.28
0.30.450.390.06-0.1-0.06-0.37-0.28-0.460.360.36-0.970.18-0.38-0.4-0.390.430.850.340.37-0.42-0.77-0.30.440.08
0.250.2-0.680.59-0.10.220.990.661.00.370.040.60.390.74-0.40.990.17-0.620.190.190.110.190.95-0.610.21
0.170.16-0.690.59-0.060.220.980.570.990.310.050.590.320.65-0.390.990.16-0.660.120.170.020.230.95-0.550.19
0.70.790.250.73-0.550.420.280.30.150.710.88-0.30.620.290.430.170.160.410.330.810.19-0.250.420.260.16
0.470.50.62-0.05-0.31-0.06-0.57-0.11-0.670.360.34-0.890.29-0.240.85-0.62-0.660.410.420.4-0.02-0.74-0.520.420.13
0.790.760.090.16-0.430.460.220.410.150.810.01-0.240.850.40.340.190.120.330.420.650.35-0.570.16-0.260.52
0.850.970.130.5-0.630.550.270.330.160.760.55-0.260.860.330.370.190.170.810.40.650.23-0.320.340.190.5
0.480.250.190.21-0.460.540.170.490.140.320.130.420.480.56-0.420.110.020.19-0.020.350.230.170.17-0.350.16
-0.47-0.48-0.110.00.160.070.18-0.070.26-0.45-0.160.72-0.410.02-0.770.190.23-0.25-0.74-0.57-0.320.170.170.13-0.22
0.340.32-0.560.76-0.190.350.980.630.950.460.340.510.450.71-0.30.950.950.42-0.520.160.340.170.17-0.480.18
-0.150.080.55-0.04-0.02-0.08-0.58-0.58-0.61-0.210.31-0.54-0.28-0.640.44-0.61-0.550.260.42-0.260.19-0.350.13-0.48-0.09
0.470.54-0.10.17-0.60.280.220.280.20.34-0.05-0.010.560.280.080.210.190.160.130.520.50.16-0.220.18-0.09
Click cells to compare fundamentals

United Security Account Relationship Matchups

United Security fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets956.9M1.1B1.3B1.3B1.2B802.4M
Total Stockholder Equity116.0M117.8M120.2M112.5M122.5M84.3M
Other Assets556.1M605.4M726.6M1.0B1.00.95
Common Stock Shares Outstanding17.0M17.0M17.0M17.1M17.1M18.2M
Liabilities And Stockholders Equity956.9M1.1B1.3B1.3B1.2B802.4M
Other Stockholder Equity368K(728K)(1.2M)(17.5M)(1.0)(0.95)
Total Liab840.9M974.8M13.9M1.2B1.1B667.5M
Short Long Term Debt Total14.3M13.9M13.9M13.0M74.7M78.4M
Other Current Liab(59K)(33K)1.2B810.1M931.6M978.2M
Total Current Liabilities59K33K2.7M2.1M872.7M916.3M
Other Liab8.2M8.3M8.7M8.3M9.5M6.8M
Property Plant And Equipment Net12.7M11.0M11.5M11.8M10.4M11.5M
Net Debt(204.7M)(280.2M)(205.3M)(25.6M)33.9M35.6M
Retained Earnings57.6M59.1M61.7M69.9M77.0M45.1M
Accounts Payable59K33K1.2B1.2B1.3B1.4B
Cash219.0M294.1M219.2M38.6M40.8M38.7M
Non Current Assets Total97.3M101.7M198.7M29.1M1.2B1.2B
Non Currrent Assets Other(3.2M)(2.9M)(3.6M)(210.9M)1.1B1.2B
Long Term Debt10.8M10.9M11.2M10.9M11.2M9.8M
Cash And Short Term Investments295.3M376.4M398.1M246.1M(40.6M)(38.5M)
Net Receivables8.2M9.1M7.5M8.5M7.9M4.7M
Common Stock Total Equity58.6M59.0M59.4M59.6M68.6M45.1M
Non Current Liabilities Total14.3M13.9M13.9M1.2B218.8M229.7M
Inventory(234.0M)(307.2M)(231.3M)4.6M32.6M34.3M
Property Plant And Equipment Gross12.7M12.0M11.5M11.8M29.9M31.4M
Total Current Assets303.5M385.5M405.7M247.7M53.3M50.6M
Accumulated Other Comprehensive Income(632K)(728K)(1.2M)(17.5M)(15.0M)(14.3M)
Common Stock59.0M59.4M59.6M60.0M60.6M45.2M
Property Plant Equipment9.4M11.0M11.5M11.8M13.5M11.4M
Short Term Investments76.3M82.3M178.9M207.5M181.3M190.3M
Other Current Assets234.0M307.2M231.3M(6.9M)53.3M50.6M
Net Tangible Assets111.5M113.3M115.7M108.0M124.2M100.8M
Retained Earnings Total Equity49.9M57.6M59.1M61.7M71.0M46.3M
Long Term Debt Total10.2M10.8M10.9M11.2M12.9M11.0M
Long Term Investments588.6M86.2M182.6M210.9M187.8M315.5M

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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  0.87PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

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 World Market Map to better understand how to build diversified portfolios, which includes a position in United Security Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.