Uniteds Historical Balance Sheet

UNC Stock  CAD 133.51  1.76  1.34%   
Trend analysis of Uniteds Limited balance sheet accounts such as Total Assets of 1.4 B, Total Current Liabilities of 12.8 M, Total Stockholder Equity of 1.3 B or Retained Earnings of 1.8 B provides information on Uniteds' total assets, liabilities, and equity, which is the actual value of Uniteds Limited to its prevalent stockholders. By breaking down trends over time using Uniteds balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Uniteds Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Uniteds Limited is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uniteds Limited. 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.

About Uniteds Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Uniteds Limited at a specified time, usually calculated after every quarter, six months, or one year. Uniteds Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Uniteds and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Uniteds currently owns. An asset can also be divided into two categories, current and non-current.

Uniteds Balance Sheet Chart

At this time, Uniteds' Retained Earnings are very stable compared to the past year. As of the 12th of December 2024, Common Stock is likely to grow to about 531.6 M, while Total Assets are likely to drop about 1.4 B.

Total Assets

Total assets refers to the total amount of Uniteds 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 Uniteds Limited 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.

Total Current Liabilities

Total Current Liabilities is an item on Uniteds balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Uniteds Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most accounts from Uniteds' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Uniteds Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Uniteds Limited. 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.
At this time, Uniteds' Retained Earnings are very stable compared to the past year. As of the 12th of December 2024, Common Stock is likely to grow to about 531.6 M, while Total Assets are likely to drop about 1.4 B.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity2.0B1.9B2.2B1.3B
Total Current Liabilities15.0M13.0M16.4M12.8M

Uniteds balance sheet Correlations

0.120.441.00.860.5-0.11-0.420.66-0.1-0.36-0.360.56-0.40.10.46-0.790.820.830.18-0.76-0.610.830.780.24-0.09
0.120.540.130.10.360.260.17-0.060.080.4-0.02-0.010.18-0.040.13-0.260.27-0.030.080.16-0.140.20.180.230.02
0.440.540.440.390.660.16-0.160.180.010.090.020.36-0.150.160.29-0.670.680.19-0.08-0.07-0.320.520.490.45-0.02
1.00.130.440.860.49-0.09-0.40.65-0.11-0.34-0.380.52-0.390.080.47-0.80.840.820.2-0.76-0.630.830.780.24-0.09
0.860.10.390.860.33-0.31-0.430.53-0.59-0.31-0.570.45-0.410.10.48-0.820.730.780.13-0.85-0.770.880.830.07-0.57
0.50.360.660.490.330.32-0.220.050.22-0.220.180.42-0.20.390.69-0.50.550.150.08-0.11-0.120.250.250.510.24
-0.110.260.16-0.09-0.310.320.53-0.510.430.310.1-0.380.55-0.150.26-0.020.12-0.590.420.320.02-0.16-0.110.660.45
-0.420.17-0.16-0.4-0.43-0.220.53-0.530.050.840.14-0.491.0-0.71-0.170.15-0.14-0.420.10.430.11-0.15-0.14-0.060.07
0.66-0.060.180.650.530.05-0.51-0.53-0.06-0.41-0.380.59-0.53-0.10.13-0.30.330.79-0.11-0.43-0.340.530.49-0.11-0.11
-0.10.080.01-0.11-0.590.220.430.05-0.06-0.040.60.00.040.17-0.170.34-0.12-0.28-0.010.450.56-0.45-0.430.350.99
-0.360.40.09-0.34-0.31-0.220.310.84-0.41-0.040.07-0.580.84-0.69-0.15-0.040.03-0.30.090.39-0.090.060.03-0.18-0.07
-0.36-0.020.02-0.38-0.570.180.10.14-0.380.60.070.190.130.35-0.360.43-0.35-0.29-0.590.60.79-0.53-0.510.140.65
0.56-0.010.360.520.450.42-0.38-0.490.590.0-0.580.19-0.490.370.03-0.220.210.63-0.55-0.250.120.280.30.160.04
-0.40.18-0.15-0.39-0.41-0.20.551.0-0.530.040.840.13-0.49-0.72-0.140.13-0.12-0.420.130.420.09-0.13-0.12-0.050.07
0.1-0.040.160.080.10.39-0.15-0.71-0.10.17-0.690.350.37-0.720.10.03-0.03-0.04-0.28-0.140.24-0.22-0.20.390.21
0.460.130.290.470.480.690.26-0.170.13-0.17-0.15-0.360.03-0.140.1-0.50.490.140.37-0.34-0.560.390.380.37-0.16
-0.79-0.26-0.67-0.8-0.82-0.5-0.020.15-0.30.34-0.040.43-0.220.130.03-0.5-0.97-0.57-0.290.710.81-0.89-0.81-0.230.34
0.820.270.680.840.730.550.12-0.140.33-0.120.03-0.350.21-0.12-0.030.49-0.970.560.33-0.66-0.730.840.770.3-0.12
0.83-0.030.190.820.780.15-0.59-0.420.79-0.28-0.3-0.290.63-0.42-0.040.14-0.570.56-0.11-0.71-0.440.740.68-0.24-0.27
0.180.08-0.080.20.130.080.420.1-0.11-0.010.09-0.59-0.550.13-0.280.37-0.290.33-0.11-0.29-0.440.180.16-0.05-0.05
-0.760.16-0.07-0.76-0.85-0.110.320.43-0.430.450.390.6-0.250.42-0.14-0.340.71-0.66-0.71-0.290.71-0.69-0.630.020.43
-0.61-0.14-0.32-0.63-0.77-0.120.020.11-0.340.56-0.090.790.120.090.24-0.560.81-0.73-0.44-0.440.71-0.83-0.74-0.110.58
0.830.20.520.830.880.25-0.16-0.150.53-0.450.06-0.530.28-0.13-0.220.39-0.890.840.740.18-0.69-0.830.960.07-0.46
0.780.180.490.780.830.25-0.11-0.140.49-0.430.03-0.510.3-0.12-0.20.38-0.810.770.680.16-0.63-0.740.960.12-0.44
0.240.230.450.240.070.510.66-0.06-0.110.35-0.180.140.16-0.050.390.37-0.230.3-0.24-0.050.02-0.110.070.120.39
-0.090.02-0.02-0.09-0.570.240.450.07-0.110.99-0.070.650.040.070.21-0.160.34-0.12-0.27-0.050.430.58-0.46-0.440.39
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Uniteds Account Relationship Matchups

Uniteds balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.2B2.1B2.0B2.3B1.4B
Other Current Liab(3.8M)2.7M(7.9M)(6.8M)(10.3M)(9.8M)
Total Current Liabilities9.6M48.1M15.0M13.0M16.4M12.8M
Total Stockholder Equity1.7B2.1B2.0B1.9B2.2B1.3B
Retained Earnings1.1B1.5B1.5B1.4B1.7B1.8B
Accounts Payable3.8M9.4M7.9M6.8M1.7M1.6M
Other Assets608.7M201.3M124.2M370.6M(317.7M)(301.9M)
Cash And Short Term Investments43.9M99.3M68.4M66.4M55.0M52.3M
Common Stock Shares Outstanding12.2M12.1M12.1M11.8M11.5M9.7M
Short Term Investments(605.1M)(197.5M)(120.8M)(368.0M)(331.2M)(314.6M)
Liabilities And Stockholders Equity1.7B2.2B2.1B2.0B2.3B1.4B
Total Liab29.4M80.8M32.7M13.0M86.6M44.6M
Total Current Assets58.2M102.9M82.8M88.0M61.5M58.4M
Common Stock537.9M536.7M535.9M515.0M493.7M531.6M
Net Receivables10.6M3.7M13.4M11.5M6.5M8.0M
Net Debt(40.3M)(95.5M)(65.0M)(63.8M)(55.0M)(52.3M)
Cash43.9M99.3M68.4M66.4M55.0M28.0M
Non Current Assets Total1.0B1.8B1.8B1.5B2.6B1.5B
Non Currrent Assets Other(2.3B)(2.4B)(2.2B)(2.3B)(2.2B)(2.3B)
Other Liab48.1M19.9M32.7M17.7M15.9M15.1M
Net Tangible Assets1.7B2.1B2.0B1.9B2.2B1.9B
Long Term Investments1.6B2.0B2.0B1.9B2.2B1.9B
Cash And Equivalents12.2M43.8M43.9M25.0M20M0.0
Capital Stock537.9M536.7M535.9M515.0M499.9M422.2M

Pair Trading with Uniteds

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

Moving together with Uniteds Stock

  0.63BIP-PB Brookfield InfrastructurePairCorr

Moving against Uniteds Stock

  0.88VCM Vecima NetworksPairCorr
  0.41MOX Morien Resources CorpPairCorr
The ability to find closely correlated positions to Uniteds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniteds 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 Uniteds - 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 Uniteds Limited to buy it.
The correlation of Uniteds 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 Uniteds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniteds Limited 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 Uniteds 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

Other Information on Investing in Uniteds Stock

Balance Sheet is a snapshot of the financial position of Uniteds Limited at a specified time, usually calculated after every quarter, six months, or one year. Uniteds Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Uniteds and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Uniteds currently owns. An asset can also be divided into two categories, current and non-current.