Union Total Assets vs Net Tangible Assets Analysis
UNB Stock | USD 33.95 1.65 4.63% |
Union Bankshares financial indicator trend analysis is much more than just breaking down Union Bankshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Union Bankshares is a good investment. Please check the relationship between Union Bankshares Total Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bankshares Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Union Bankshares' Total Assets and Net Tangible Assets is 0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Union Bankshares, assuming nothing else is changed. The correlation between historical values of Union Bankshares' Total Assets and Net Tangible 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 Assets of Union Bankshares are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Union Bankshares' Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Union Bankshares 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 Union Bankshares 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Union Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Union Bankshares 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 Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.At present, Union Bankshares' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.54, whereas Selling General Administrative is forecasted to decline to about 12.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 4.5M | 19.3M | 20.2M | Depreciation And Amortization | 1.9M | 1.8M | 1.6M | 1.2M |
Union Bankshares fundamental ratios Correlations
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Union Bankshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Union Bankshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 872.9M | 1.1B | 1.2B | 1.3B | 1.5B | 1.5B | |
Short Long Term Debt Total | 47.2M | 7.2M | 16.3M | 66.4M | 81.9M | 86.0M | |
Total Stockholder Equity | 71.8M | 80.9M | 84.3M | 55.2M | 65.8M | 54.2M | |
Property Plant And Equipment Net | 20.9M | 20.0M | 21.6M | 20.5M | 23.2M | 11.8M | |
Net Debt | 35.2M | (10.9M) | (1.7M) | 45.3M | 62.8M | 66.0M | |
Retained Earnings | 64.0M | 71.1M | 78.4M | 84.7M | 89.5M | 51.0M | |
Cash | 12.0M | 18.1M | 17.9M | 20.9M | 15.5M | 15.7M | |
Non Current Assets Total | 111.2M | 129.1M | 290.6M | 20.5M | 20.4M | 19.4M | |
Non Currrent Assets Other | (2.5M) | (3.0M) | (5.1M) | (265.9M) | (42.7M) | (44.9M) | |
Other Assets | 628.7M | 804.3M | 586.7M | 1.0B | 1.1B | 1.2B | |
Cash And Short Term Investments | 99.4M | 123.9M | 285.7M | 271.2M | 327.2M | 343.5M | |
Net Receivables | 33.6M | 36.8M | 42.4M | 57.7M | 66.4M | 69.7M | |
Common Stock Total Equity | 9.9M | 9.9M | 9.9M | 10.0M | 11.5M | 10.1M | |
Common Stock Shares Outstanding | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 3.6M | |
Liabilities And Stockholders Equity | 872.9M | 1.1B | 1.2B | 1.3B | 1.5B | 1.5B | |
Non Current Liabilities Total | 47.2M | 7.2M | 16.2M | 13.1M | 1.4B | 1.5B | |
Other Stockholder Equity | (3.1M) | (2.8M) | (2.4M) | (2.0M) | (1.7M) | (1.8M) | |
Total Liab | 801.1M | 1.0B | 1.1B | 1.3B | 1.4B | 1.5B | |
Property Plant And Equipment Gross | 20.9M | 20.0M | 36.3M | 36.9M | 38.8M | 40.7M | |
Total Current Assets | 133.0M | 160.6M | 328.1M | 271.2M | 327.2M | 343.5M | |
Accumulated Other Comprehensive Income | 986K | 2.6M | (1.6M) | (37.4M) | (32.0M) | (30.4M) | |
Common Stock | 9.9M | 9.9M | 9.9M | 10.0M | 10.0M | 10.2M | |
Other Liab | 6.1M | 7.3M | 9.3M | 7.9M | 9.0M | 6.5M | |
Accounts Payable | 9.9M | 11.2M | 9.8M | 13.1M | 11.8M | 11.2M | |
Long Term Debt | 47.2M | 7.2M | 16.2M | 66.2M | 81.9M | 86.0M | |
Short Term Investments | 87.4M | 105.8M | 267.8M | 250.3M | 311.6M | 327.2M | |
Inventory | (25.3M) | (60.4M) | (139.6M) | (82.4M) | (74.1M) | (70.4M) | |
Treasury Stock | (4.2M) | (4.2M) | (4.2M) | (4.2M) | (3.7M) | (3.9M) | |
Property Plant Equipment | 20.9M | 21.8M | 21.6M | 20.5M | 23.6M | 11.8M | |
Other Current Liab | (9.9M) | (22.6M) | (9.8M) | (13.1M) | 528.7M | 555.2M | |
Total Current Liabilities | 9.9M | 11.7M | 9.8M | 13.1M | 538.9M | 565.9M | |
Short Term Debt | 183K | 337K | 132K | 50.2M | 10.2M | 11.6M | |
Net Tangible Assets | 69.6M | 78.6M | 84.3M | 55.2M | 63.5M | 62.5M | |
Retained Earnings Total Equity | 64.0M | 71.1M | 78.4M | 84.7M | 97.4M | 62.9M | |
Capital Surpluse | 1.1M | 1.4M | 1.8M | 2.2M | 2.6M | 2.7M | |
Other Current Assets | 60.4M | 139.6M | 82.4M | (57.7M) | 97.8M | 92.9M | |
Long Term Investments | 672.6M | 106.8M | 269.0M | 251.5M | 265.9M | 254.8M | |
Non Current Liabilities Other | 9.9M | 11.2M | 9.8M | 63.2M | 72.6M | 76.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Union Bankshares' 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 Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Union Bankshares Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 Union Bankshares. If investors know Union 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 Union Bankshares 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 (0.47) | Dividend Share 1.44 | Earnings Share 1.94 | Revenue Per Share 10.244 | Quarterly Revenue Growth (0.1) |
The market value of Union Bankshares is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Union Bankshares' 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 Union Bankshares' market value can be influenced by many factors that don't directly affect Union Bankshares' 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 Union Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bankshares' 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.