Ultrapar Total Stockholder Equity vs Total Current Assets Analysis

UGP Stock  USD 2.66  0.02  0.76%   
Ultrapar Participacoes financial indicator trend analysis is much more than just breaking down Ultrapar Participacoes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ultrapar Participacoes is a good investment. Please check the relationship between Ultrapar Participacoes Total Stockholder Equity and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ultrapar Participacoes Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ultrapar Participacoes' Total Stockholder Equity and Total Current Assets is 0.7. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Ultrapar Participacoes SA, assuming nothing else is changed. The correlation between historical values of Ultrapar Participacoes' Total Stockholder Equity and Total Current 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 Total Stockholder Equity of Ultrapar Participacoes SA are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Ultrapar Participacoes' Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Ultrapar Participacoes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ultrapar Participacoes 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 Ultrapar Participacoes SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Ultrapar Participacoes' Discontinued Operations is relatively stable compared to the past year. As of 12/27/2024, Sales General And Administrative To Revenue is likely to grow to 0.02, while Selling General Administrative is likely to drop slightly above 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B7.4B9.3B9.8B
Total Revenue109.7B143.6B126.0B132.4B

Ultrapar Participacoes fundamental ratios Correlations

0.810.80.920.940.690.720.050.890.690.960.760.720.820.770.540.810.980.470.210.990.920.850.530.820.88
0.810.560.640.630.870.960.340.580.320.740.440.860.910.870.680.990.780.35-0.160.860.570.920.610.860.63
0.80.560.820.750.360.520.190.750.480.660.580.30.50.530.370.560.710.860.040.80.810.740.320.590.61
0.920.640.820.870.460.53-0.10.970.70.850.830.550.710.640.420.60.90.580.380.910.950.80.610.680.81
0.940.630.750.870.60.49-0.050.840.840.960.730.650.710.720.550.640.940.330.310.890.910.70.460.780.87
0.690.870.360.460.60.810.250.410.360.690.20.880.820.820.720.880.680.06-0.140.710.440.740.490.810.59
0.720.960.520.530.490.810.410.470.090.630.380.720.80.750.590.950.660.41-0.240.80.480.840.50.720.5
0.050.340.19-0.1-0.050.250.41-0.2-0.26-0.1-0.320.10.250.320.360.33-0.010.3-0.890.09-0.160.30.160.28-0.09
0.890.580.750.970.840.410.47-0.20.680.840.890.490.70.570.30.570.890.510.460.870.970.740.450.630.82
0.690.320.480.70.840.360.09-0.260.680.740.550.560.490.470.310.30.760.050.420.610.710.430.410.560.81
0.960.740.660.850.960.690.63-0.10.840.740.780.740.770.740.530.750.960.250.350.930.90.720.470.80.89
0.760.440.580.830.730.20.38-0.320.890.550.780.340.540.450.150.440.770.370.570.740.890.540.310.50.72
0.720.860.30.550.650.880.720.10.490.560.740.340.850.830.680.830.74-0.050.030.730.470.740.690.840.68
0.820.910.50.710.710.820.80.250.70.490.770.540.850.910.730.90.860.24-0.040.850.650.910.640.890.69
0.770.870.530.640.720.820.750.320.570.470.740.450.830.910.880.860.760.23-0.060.780.590.860.660.950.63
0.540.680.370.420.550.720.590.360.30.310.530.150.680.730.880.650.510.1-0.190.540.340.650.650.780.31
0.810.990.560.60.640.880.950.330.570.30.750.440.830.90.860.650.780.34-0.170.860.580.90.490.860.63
0.980.780.710.90.940.680.66-0.010.890.760.960.770.740.860.760.510.780.350.260.960.910.820.520.810.91
0.470.350.860.580.330.060.410.30.510.050.250.37-0.050.240.230.10.340.35-0.130.510.520.580.170.270.26
0.21-0.160.040.380.31-0.14-0.24-0.890.460.420.350.570.03-0.04-0.06-0.19-0.170.26-0.130.160.44-0.090.05-0.080.35
0.990.860.80.910.890.710.80.090.870.610.930.740.730.850.780.540.860.960.510.160.890.890.550.820.85
0.920.570.810.950.910.440.48-0.160.970.710.90.890.470.650.590.340.580.910.520.440.890.710.370.670.86
0.850.920.740.80.70.740.840.30.740.430.720.540.740.910.860.650.90.820.58-0.090.890.710.640.860.67
0.530.610.320.610.460.490.50.160.450.410.470.310.690.640.660.650.490.520.170.050.550.370.640.570.42
0.820.860.590.680.780.810.720.280.630.560.80.50.840.890.950.780.860.810.27-0.080.820.670.860.570.69
0.880.630.610.810.870.590.5-0.090.820.810.890.720.680.690.630.310.630.910.260.350.850.860.670.420.69
Click cells to compare fundamentals

Ultrapar Participacoes Account Relationship Matchups

Ultrapar Participacoes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.2B36.3B39.0B36.4B38.3B40.2B
Short Long Term Debt Total16.0B19.2B17.7B13.3B13.3B7.8B
Other Current Liab1.1B1.2B3.4B1.3B2.3B2.4B
Total Current Liabilities5.2B9.2B12.6B12.8B11.2B11.8B
Total Stockholder Equity9.5B9.5B10.1B11.7B13.5B14.2B
Property Plant And Equipment Net9.6B10.2B7.2B7.7B8.1B5.2B
Net Debt13.9B16.6B15.4B7.7B7.4B5.4B
Retained Earnings4.3B55.4M4.9B78.1M134.0M127.3M
Accounts Payable2.7B4.0B5.8B7.4B5.7B6.0B
Cash2.1B2.7B2.3B5.6B5.9B6.2B
Non Current Assets Total16.1B18.8B14.0B17.9B19.6B20.6B
Non Currrent Assets Other3.5B4.7B4.3B6.9B6.2B6.5B
Cash And Short Term Investments5.2B7.7B4.1B6.1B6.2B3.6B
Net Receivables6.0B5.8B5.9B7.4B5.4B3.2B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B1.0B
Liabilities And Stockholders Equity31.2B36.3B39.0B36.4B38.3B40.2B
Non Current Liabilities Total16.2B17.1B15.9B11.5B13.0B7.1B
Inventory3.7B3.8B3.9B4.9B4.3B4.5B
Other Current Assets111.4M132.1M11.1B123.7M2.8B2.9B
Other Stockholder Equity(4.5B)4.5B(5.4B)6.2B6.7B7.0B
Total Liab21.4B26.3B28.5B24.3B24.2B25.4B
Property Plant And Equipment Gross9.6B10.2B13.8B14.8B15.8B16.6B
Total Current Assets15.1B17.5B25.0B18.6B18.6B9.6B
Accumulated Other Comprehensive Income4.5B4.8B5.3B6.9B233.8M222.1M
Short Term Debt1.3B3.5B3.1B3.6B2.3B1.7B
Other Liab1.5B1.4B1.2B1.8B2.1B2.2B
Other Assets16.1B4.5B3.4B2.0B17.2M16.4M
Long Term Debt13.3B14.1B13.5B8.4B9.8B4.9B
Property Plant Equipment9.5B10.2B7.2B7.7B8.8B9.2B
Current Deferred Revenue27.6M18.3M5.6M190.2M171.2M179.7M
Short Term Investments3.1B5.0B1.8B520.4M292.9M278.3M
Intangible Assets830.8M850.8M653.2M1.0B3.1B3.2B
Long Term Investments688.1M1.1B457.9M554.2M1.3B1.3B
Short Long Term Debt1.1B3.3B2.9B3.4B2.0B2.3B
Net Tangible Assets6.7B6.5B7.1B8.2B9.4B6.1B
Long Term Debt Total14.7B15.7B14.7B9.7B11.1B11.9B

Pair Trading with Ultrapar Participacoes

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 Ultrapar Participacoes 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 Ultrapar Participacoes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ultrapar Stock

  0.84DINO HF Sinclair Corp Sell-off TrendPairCorr

Moving against Ultrapar Stock

  0.9BDCO Blue Dolphin EnergyPairCorr
  0.86AE Adams Resources EnergyPairCorr
  0.57CAPL Crossamerica PartnersPairCorr
  0.32SUN Sunoco LPPairCorr
The ability to find closely correlated positions to Ultrapar Participacoes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrapar Participacoes 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 Ultrapar Participacoes - 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 Ultrapar Participacoes SA to buy it.
The correlation of Ultrapar Participacoes 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 Ultrapar Participacoes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrapar Participacoes 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 Ultrapar Participacoes 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

Additional Tools for Ultrapar Stock Analysis

When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' 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 Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.