Unifirst Total Stockholder Equity vs Non Current Liabilities Total Analysis

UNF Stock  USD 200.87  1.97  0.97%   
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 Total Stockholder Equity and its Non Current Liabilities Total 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.

Total Stockholder Equity vs Non Current Liabilities Total

Total Stockholder Equity vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unifirst Total Stockholder Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Unifirst's Total Stockholder Equity and Non Current Liabilities Total is 0.81. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst's Total Stockholder Equity and Non Current Liabilities Total 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 Unifirst are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Stockholder Equity i.e., Unifirst's Total Stockholder Equity and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Non Current Liabilities Total

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 Expense2.9M3.3M5.2M
Depreciation And Amortization110.3M141.4M148.5M

Unifirst fundamental ratios Correlations

0.330.940.881.00.98-0.021.00.030.980.860.370.98-0.670.820.970.850.960.980.780.930.020.960.79-0.73-0.81
0.330.230.50.280.370.270.27-0.110.40.28-0.220.38-0.470.310.40.210.160.510.420.180.560.390.31-0.3-0.43
0.940.230.90.940.960.020.94-0.020.940.730.260.93-0.640.680.930.720.890.910.780.83-0.010.920.7-0.69-0.77
0.880.50.90.870.910.090.86-0.020.890.680.220.89-0.620.630.90.690.780.920.730.780.420.90.68-0.62-0.74
1.00.280.940.870.98-0.051.00.050.970.860.390.97-0.660.810.960.850.970.960.760.94-0.010.960.78-0.73-0.8
0.980.370.960.910.98-0.010.970.030.990.830.220.98-0.70.770.980.820.930.970.850.850.040.960.78-0.72-0.82
-0.020.270.020.09-0.05-0.01-0.05-0.970.060.22-0.23-0.07-0.280.060.00.11-0.120.110.18-0.140.25-0.040.24-0.36-0.16
1.00.270.940.861.00.97-0.050.050.970.860.40.97-0.650.810.960.850.970.960.760.94-0.020.950.78-0.73-0.8
0.03-0.11-0.02-0.020.050.03-0.970.05-0.04-0.230.210.090.310.010.04-0.090.08-0.06-0.170.14-0.10.07-0.190.380.19
0.980.40.940.890.970.990.060.97-0.040.880.160.99-0.740.780.980.850.940.970.890.820.030.960.84-0.75-0.85
0.860.280.730.680.860.830.220.86-0.230.880.160.83-0.790.730.840.910.870.850.810.73-0.040.810.81-0.8-0.84
0.37-0.220.260.220.390.22-0.230.40.210.160.160.210.140.410.20.240.350.26-0.260.68-0.040.240.06-0.2-0.03
0.980.380.930.890.970.98-0.070.970.090.990.830.21-0.680.790.990.840.940.970.840.850.020.980.82-0.68-0.82
-0.67-0.47-0.64-0.62-0.66-0.7-0.28-0.650.31-0.74-0.790.14-0.68-0.32-0.7-0.56-0.64-0.71-0.78-0.48-0.04-0.66-0.470.760.96
0.820.310.680.630.810.770.060.810.010.780.730.410.79-0.320.80.850.750.820.550.8-0.070.780.85-0.55-0.47
0.970.40.930.90.960.980.00.960.040.980.840.20.99-0.70.80.860.910.980.830.850.060.980.81-0.67-0.82
0.850.210.720.690.850.820.110.85-0.090.850.910.240.84-0.560.850.860.840.840.730.760.010.810.87-0.59-0.65
0.960.160.890.780.970.93-0.120.970.080.940.870.350.94-0.640.750.910.840.890.770.89-0.120.910.78-0.71-0.78
0.980.510.910.920.960.970.110.96-0.060.970.850.260.97-0.710.820.980.840.890.810.870.150.960.81-0.74-0.83
0.780.420.780.730.760.850.180.76-0.170.890.81-0.260.84-0.780.550.830.730.770.810.490.010.790.77-0.65-0.79
0.930.180.830.780.940.85-0.140.940.140.820.730.680.85-0.480.80.850.760.890.870.490.00.860.63-0.62-0.66
0.020.56-0.010.42-0.010.040.25-0.02-0.10.03-0.04-0.040.02-0.04-0.070.060.01-0.120.150.010.00.050.040.01-0.01
0.960.390.920.90.960.96-0.040.950.070.960.810.240.98-0.660.780.980.810.910.960.790.860.050.8-0.64-0.81
0.790.310.70.680.780.780.240.78-0.190.840.810.060.82-0.470.850.810.870.780.810.770.630.040.8-0.59-0.57
-0.73-0.3-0.69-0.62-0.73-0.72-0.36-0.730.38-0.75-0.8-0.2-0.680.76-0.55-0.67-0.59-0.71-0.74-0.65-0.620.01-0.64-0.590.81
-0.81-0.43-0.77-0.74-0.8-0.82-0.16-0.80.19-0.85-0.84-0.03-0.820.96-0.47-0.82-0.65-0.78-0.83-0.79-0.66-0.01-0.81-0.570.81
Click cells to compare fundamentals

Unifirst Account Relationship Matchups

Unifirst fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.4B2.4B2.6B2.7B2.8B
Other Current Liab133.5M146.6M133.2M156.4M170.2M178.8M
Total Current Liabilities210.1M254.7M243.7M267.2M281.4M295.5M
Total Stockholder Equity1.7B1.9B1.9B2.0B2.1B2.2B
Property Plant And Equipment Net625.2M659.8M715.2M819.1M868.3M911.7M
Net Debt83.7M86.3M(324.7M)(14.7M)(92.8M)(88.1M)
Retained Earnings1.7B1.8B1.8B1.9B2.0B2.1B
Cash(41.8M)(43.2M)376.4M79.4M161.6M84.9M
Non Current Assets Total1.2B1.3B1.4B1.7B1.8B1.9B
Non Currrent Assets Other93.6M102.7M106.2M116.7M142.8M149.9M
Cash And Short Term Investments474.8M512.9M376.4M89.6M175.1M115.0M
Net Receivables190.9M208.3M249.2M279.1M278.9M292.8M
Common Stock Shares Outstanding19.0M19.0M18.9M18.8M18.7M15.8M
Liabilities And Stockholders Equity2.2B2.4B2.4B2.6B2.7B2.8B
Non Current Liabilities Total247.8M253.4M268.4M298.8M306.5M158.8M
Inventory260.5M325.1M370.9M396.7M394.9M414.6M
Other Current Assets35.9M57.5M67.4M74.8M66.9M47.4M
Other Stockholder Equity86.6M89.3M93.1M99.3M104.8M110.0M
Total Liab457.9M508.1M512.1M566.0M587.9M617.3M
Property Plant And Equipment Gross582.5M659.8M715.2M1.8B1.9B2.0B
Total Current Assets969.3M1.1B1.1B840.1M915.7M961.5M
Accumulated Other Comprehensive Income(32.0M)(24.8M)(24.3M)(23.8M)(23.6M)(24.8M)
Short Term Debt12.6M26.0M27.2M17.7M18.2M11.2M
Accounts Payable64.0M81.4M82.1M92.7M92.5M97.1M
Intangible Assets85.5M84.6M85.0M145.6M120.0M79.2M
Common Stock Total Equity1.9M1.5M1.9M1.9M1.7M1.6M
Common Stock1.9M1.9M1.9M1.9M1.9M1.6M
Good Will424.8M429.5M457.3M647.9M648.9M681.3M
Other Assets94.1M103.3M106.7M117.2M134.8M141.6M
Property Plant Equipment582.5M659.8M715.2M819.1M942.0M490.0M
Other Liab218.5M223.3M230.3M251.8M289.5M177.6M
Net Tangible Assets1.3B1.4B1.4B1.2B1.4B1.1B
Retained Earnings Total Equity1.6B1.7B1.8B1.8B2.1B1.5B
Capital Surpluse86.6M89.3M93.1M99.3M114.2M80.4M

Currently Active Assets on Macroaxis

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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.