Ubiquiti Other Current Liab vs Total Current Assets Analysis
UI Stock | USD 346.49 6.02 1.71% |
Ubiquiti Networks financial indicator trend analysis is much more than just breaking down Ubiquiti Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ubiquiti Networks is a good investment. Please check the relationship between Ubiquiti Networks Other Current Liab and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ubiquiti Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Ubiquiti Stock please use our How to Invest in Ubiquiti Networks guide.
Other Current Liab vs Total Current Assets
Other Current Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ubiquiti Networks Other Current Liab account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ubiquiti Networks' Other Current Liab and Total Current Assets is 0.49. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Ubiquiti Networks, assuming nothing else is changed. The correlation between historical values of Ubiquiti Networks' Other Current Liab 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 Other Current Liab of Ubiquiti Networks 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 Other Current Liab i.e., Ubiquiti Networks' Other Current Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Liab
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 Ubiquiti Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ubiquiti Networks 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 Ubiquiti Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Ubiquiti Stock please use our How to Invest in Ubiquiti Networks guide.The current Selling General Administrative is estimated to decrease to about 42.5 M. The current Tax Provision is estimated to decrease to about 71 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 669.8M | 760.7M | 739.8M | 437.0M | Total Revenue | 1.7B | 1.9B | 1.9B | 1.0B |
Ubiquiti Networks fundamental ratios Correlations
Click cells to compare fundamentals
Ubiquiti Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ubiquiti Networks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 737.5M | 891.0M | 844.7M | 1.4B | 1.2B | 720.2M | |
Other Current Liab | 59.1M | 116.8M | 176.6M | 127.5M | 160.0M | 168.0M | |
Total Current Liabilities | 264.3M | 276.4M | 311.0M | 351.8M | 284.8M | 156.8M | |
Total Stockholder Equity | (295.5M) | 2.7M | (382.9M) | (115.7M) | 95.1M | 92.6M | |
Property Plant And Equipment Net | 103.0M | 119.1M | 144.5M | 144.3M | 128.9M | 135.3M | |
Net Debt | 535.5M | 282.9M | 717.0M | 1.0B | 630.9M | 662.5M | |
Retained Earnings | (296.0M) | 2.6M | (383.1M) | (120.5M) | 84.4M | 86.2M | |
Accounts Payable | 155.5M | 112.1M | 83.7M | 154.2M | 51.1M | 60.0M | |
Cash | 142.6M | 249.4M | 136.2M | 114.8M | 126.3M | 120.0M | |
Non Current Assets Total | 150.8M | 196.8M | 223.1M | 239.4M | 238.4M | 250.3M | |
Non Currrent Assets Other | 40.2M | 63.3M | 64.8M | 5.5M | 69.4M | 72.9M | |
Cash And Short Term Investments | 143.5M | 250.7M | 136.7M | 114.9M | 126.3M | 120.0M | |
Net Receivables | 142.2M | 172.3M | 119.6M | 167.8M | 169.1M | 112.7M | |
Common Stock Total Equity | 69K | 64K | 63K | 60K | 54K | 58.0K | |
Common Stock Shares Outstanding | 65.5M | 63.1M | 61.7M | 60.5M | 60.5M | 58.6M | |
Liabilities And Stockholders Equity | 737.5M | 891.0M | 844.7M | 1.4B | 1.2B | 720.2M | |
Non Current Liabilities Total | 768.6M | 611.9M | 916.6M | 1.2B | 774.6M | 436.0M | |
Inventory | 285.9M | 233.8M | 262.4M | 737.1M | 462.0M | 485.1M | |
Other Current Assets | 15.0M | 37.4M | 102.9M | 147.2M | 158.5M | 166.4M | |
Other Stockholder Equity | 447K | 63K | 650K | 4.7M | 10.6M | 11.2M | |
Total Liab | 1.0B | 888.3M | 1.2B | 1.5B | 1.1B | 592.8M | |
Property Plant And Equipment Gross | 103.0M | 119.1M | 208.3M | 211.2M | 207.5M | 217.8M | |
Total Current Assets | 586.6M | 694.2M | 621.6M | 1.2B | 916.0M | 632.0M | |
Accumulated Other Comprehensive Income | (28.1M) | 393K | 9K | 1K | (474K) | 0.0 | |
Common Stock | 69K | 64K | 63K | 60K | 54K | 57.4K | |
Other Liab | 121.6M | 112.6M | 100.0M | 82.9M | 95.3M | 63.0M | |
Current Deferred Revenue | 18.5M | 24.3M | 21.8M | 19.1M | 20.3M | 12.6M | |
Other Assets | 44.3M | 76.7M | 71.4M | 89.3M | 102.7M | 107.9M | |
Short Term Debt | 31.1M | 33.0M | 36.6M | 50.8M | 50.2M | 52.7M | |
Property Plant Equipment | 103.0M | 119.1M | 80.2M | 144.3M | 166.0M | 174.3M | |
Short Long Term Debt Total | 678.1M | 532.3M | 853.3M | 1.1B | 757.3M | 480.4M | |
Net Tangible Assets | (298.5M) | 2.7M | (382.9M) | (115.7M) | (104.2M) | (99.0M) | |
Long Term Debt | 628.4M | 467.0M | 762.6M | 1.0B | 669.9M | 438.5M | |
Retained Earnings Total Equity | (296.0M) | 2.6M | (383.1M) | (120.5M) | (108.5M) | (103.0M) | |
Long Term Debt Total | 628.4M | 467.0M | 762.6M | 1.0B | 1.2B | 1.3B |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ubiquiti Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Ubiquiti Stock please use our How to Invest in Ubiquiti Networks guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Communications Equipment 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 Ubiquiti Networks. If investors know Ubiquiti 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 Ubiquiti Networks 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 0.46 | Dividend Share 2.4 | Earnings Share 6.45 | Revenue Per Share 33.341 | Quarterly Revenue Growth 0.188 |
The market value of Ubiquiti Networks is measured differently than its book value, which is the value of Ubiquiti that is recorded on the company's balance sheet. Investors also form their own opinion of Ubiquiti Networks' value that differs from its market value or its book value, called intrinsic value, which is Ubiquiti Networks' 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 Ubiquiti Networks' market value can be influenced by many factors that don't directly affect Ubiquiti Networks' 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 Ubiquiti Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ubiquiti Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ubiquiti Networks' 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.