Unifirst Retained Earnings vs Total Stockholder Equity Analysis
UNF Stock | USD 202.84 3.38 1.64% |
Unifirst financial indicator trend analysis is much more than just breaking down Unifirst prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unifirst is a good investment. Please check the relationship between Unifirst Retained Earnings and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. 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 more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unifirst Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Unifirst's Retained Earnings and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst's Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Unifirst are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Unifirst's Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.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.Most indicators from Unifirst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unifirst 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 Unifirst. 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 more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.The Unifirst's current Selling General Administrative is estimated to increase to about 548.7 M, while Tax Provision is projected to decrease to roughly 38.4 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 3.3M | 5.2M | Depreciation And Amortization | 110.3M | 141.4M | 148.5M |
Unifirst fundamental ratios Correlations
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Unifirst Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unifirst fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.4B | 2.4B | 2.6B | 2.7B | 2.8B | |
Other Current Liab | 133.5M | 146.6M | 133.2M | 156.4M | 170.2M | 178.8M | |
Total Current Liabilities | 210.1M | 254.7M | 243.7M | 267.2M | 281.4M | 295.5M | |
Total Stockholder Equity | 1.7B | 1.9B | 1.9B | 2.0B | 2.1B | 2.2B | |
Property Plant And Equipment Net | 625.2M | 659.8M | 715.2M | 819.1M | 868.3M | 911.7M | |
Net Debt | 83.7M | 86.3M | (324.7M) | (14.7M) | (92.8M) | (88.1M) | |
Retained Earnings | 1.7B | 1.8B | 1.8B | 1.9B | 2.0B | 2.1B | |
Cash | (41.8M) | (43.2M) | 376.4M | 79.4M | 161.6M | 84.9M | |
Non Current Assets Total | 1.2B | 1.3B | 1.4B | 1.7B | 1.8B | 1.9B | |
Non Currrent Assets Other | 93.6M | 102.7M | 106.2M | 116.7M | 142.8M | 149.9M | |
Cash And Short Term Investments | 474.8M | 512.9M | 376.4M | 89.6M | 175.1M | 115.0M | |
Net Receivables | 190.9M | 208.3M | 249.2M | 279.1M | 278.9M | 292.8M | |
Common Stock Shares Outstanding | 19.0M | 19.0M | 18.9M | 18.8M | 18.7M | 15.8M | |
Liabilities And Stockholders Equity | 2.2B | 2.4B | 2.4B | 2.6B | 2.7B | 2.8B | |
Non Current Liabilities Total | 247.8M | 253.4M | 268.4M | 298.8M | 306.5M | 158.8M | |
Inventory | 260.5M | 325.1M | 370.9M | 396.7M | 394.9M | 414.6M | |
Other Current Assets | 35.9M | 57.5M | 67.4M | 74.8M | 66.9M | 47.4M | |
Other Stockholder Equity | 86.6M | 89.3M | 93.1M | 99.3M | 104.8M | 110.0M | |
Total Liab | 457.9M | 508.1M | 512.1M | 566.0M | 587.9M | 617.3M | |
Property Plant And Equipment Gross | 582.5M | 659.8M | 715.2M | 1.8B | 1.9B | 2.0B | |
Total Current Assets | 969.3M | 1.1B | 1.1B | 840.1M | 915.7M | 961.5M | |
Accumulated Other Comprehensive Income | (32.0M) | (24.8M) | (24.3M) | (23.8M) | (23.6M) | (24.8M) | |
Short Term Debt | 12.6M | 26.0M | 27.2M | 17.7M | 18.2M | 11.2M | |
Accounts Payable | 64.0M | 81.4M | 82.1M | 92.7M | 92.5M | 97.1M | |
Intangible Assets | 85.5M | 84.6M | 85.0M | 145.6M | 120.0M | 79.2M | |
Common Stock Total Equity | 1.9M | 1.5M | 1.9M | 1.9M | 1.7M | 1.6M | |
Common Stock | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.6M | |
Good Will | 424.8M | 429.5M | 457.3M | 647.9M | 648.9M | 681.3M | |
Other Assets | 94.1M | 103.3M | 106.7M | 117.2M | 134.8M | 141.6M | |
Property Plant Equipment | 582.5M | 659.8M | 715.2M | 819.1M | 942.0M | 490.0M | |
Other Liab | 218.5M | 223.3M | 230.3M | 251.8M | 289.5M | 177.6M | |
Net Tangible Assets | 1.3B | 1.4B | 1.4B | 1.2B | 1.4B | 1.1B | |
Retained Earnings Total Equity | 1.6B | 1.7B | 1.8B | 1.8B | 2.1B | 1.5B | |
Capital Surpluse | 86.6M | 89.3M | 93.1M | 99.3M | 114.2M | 80.4M |
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When determining whether Unifirst is a strong investment it is important to analyze Unifirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. 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 more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Commercial Services & Supplies 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 Unifirst. If investors know Unifirst 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 Unifirst 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 0.626 | Dividend Share 1.32 | Earnings Share 7.77 | Revenue Per Share 130.066 | Quarterly Revenue Growth 0.119 |
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.