Union Accounts Payable vs Other Liab Analysis

UNIONBANK   116.78  4.22  3.49%   
Union Bank financial indicator trend analysis is much more than just breaking down Union Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Union Bank is a good investment. Please check the relationship between Union Bank Accounts Payable and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Union Bank of. 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.

Accounts Payable vs Other Liab

Accounts Payable vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bank Accounts Payable account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Union Bank's Accounts Payable and Other Liab is 0.86. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Liab in the same time period over historical financial statements of Union Bank of, assuming nothing else is changed. The correlation between historical values of Union Bank's Accounts Payable and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Union Bank of are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Accounts Payable i.e., Union Bank's Accounts Payable and Other Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Union Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Union Bank are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Liab

Most indicators from Union Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Union Bank 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 Bank of. 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.
The current year's Tax Provision is expected to grow to about 81.9 B, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Interest Expense401.8B480.3B633.6B665.3B
Depreciation And Amortization7.4B7.4B9.0B9.4B

Union Bank fundamental ratios Correlations

0.33-0.930.670.990.61-0.960.210.940.990.610.360.650.510.220.680.210.781.0-0.580.980.450.920.960.990.84
0.33-0.32-0.170.260.68-0.1-0.480.320.36-0.180.60.30.57-0.21-0.140.530.140.330.060.28-0.280.20.220.230.53
-0.93-0.32-0.57-0.92-0.630.93-0.14-1.0-0.95-0.52-0.42-0.54-0.53-0.13-0.57-0.11-0.81-0.930.54-0.9-0.31-0.81-0.85-0.92-0.86
0.67-0.17-0.570.74-0.16-0.690.230.60.620.99-0.450.590.20.11.0-0.350.780.66-0.350.630.890.530.630.680.49
0.990.26-0.920.740.53-0.960.220.930.970.690.260.650.470.230.750.120.820.99-0.60.970.530.910.960.990.83
0.610.68-0.63-0.160.53-0.5-0.030.620.64-0.220.930.20.470.06-0.140.570.280.62-0.380.61-0.350.610.580.570.59
-0.96-0.10.93-0.69-0.96-0.5-0.28-0.93-0.96-0.63-0.27-0.63-0.38-0.29-0.7-0.13-0.75-0.950.65-0.96-0.46-0.91-0.94-0.98-0.78
0.21-0.48-0.140.230.22-0.03-0.280.140.130.22-0.02-0.090.20.020.22-0.150.190.21-0.150.150.340.290.290.24-0.17
0.940.32-1.00.60.930.62-0.930.140.960.550.390.560.530.110.60.10.820.94-0.530.910.340.810.860.920.85
0.990.36-0.950.620.970.64-0.960.130.960.570.40.680.50.20.630.260.750.99-0.590.970.380.90.930.980.87
0.61-0.18-0.520.990.69-0.22-0.630.220.550.57-0.510.580.210.040.99-0.380.760.61-0.240.560.90.460.560.620.44
0.360.6-0.42-0.450.260.93-0.27-0.020.390.4-0.510.010.380.13-0.440.65-0.020.37-0.250.37-0.560.420.360.320.39
0.650.3-0.540.590.650.2-0.63-0.090.560.680.580.010.41-0.080.60.480.360.65-0.120.620.40.610.590.640.58
0.510.57-0.530.20.470.47-0.380.20.530.50.210.380.41-0.350.210.290.430.520.160.370.090.350.380.410.55
0.22-0.21-0.130.10.230.06-0.290.020.110.20.040.13-0.08-0.350.090.010.00.22-0.590.340.220.350.340.270.2
0.68-0.14-0.571.00.75-0.14-0.70.220.60.630.99-0.440.60.210.09-0.330.780.67-0.340.640.880.540.630.690.51
0.210.53-0.11-0.350.120.57-0.13-0.150.10.26-0.380.650.480.290.01-0.33-0.360.22-0.020.24-0.420.380.250.190.23
0.780.14-0.810.780.820.28-0.750.190.820.750.76-0.020.360.430.00.78-0.360.78-0.40.720.620.560.670.750.66
1.00.33-0.930.660.990.62-0.950.210.940.990.610.370.650.520.220.670.220.78-0.580.980.450.920.960.990.84
-0.580.060.54-0.35-0.6-0.380.65-0.15-0.53-0.59-0.24-0.25-0.120.16-0.59-0.34-0.02-0.4-0.58-0.72-0.19-0.71-0.72-0.68-0.52
0.980.28-0.90.630.970.61-0.960.150.910.970.560.370.620.370.340.640.240.720.98-0.720.40.950.980.990.85
0.45-0.28-0.310.890.53-0.35-0.460.340.340.380.9-0.560.40.090.220.88-0.420.620.45-0.190.40.340.420.450.21
0.920.2-0.810.530.910.61-0.910.290.810.90.460.420.610.350.350.540.380.560.92-0.710.950.340.980.950.74
0.960.22-0.850.630.960.58-0.940.290.860.930.560.360.590.380.340.630.250.670.96-0.720.980.420.980.980.79
0.990.23-0.920.680.990.57-0.980.240.920.980.620.320.640.410.270.690.190.750.99-0.680.990.450.950.980.83
0.840.53-0.860.490.830.59-0.78-0.170.850.870.440.390.580.550.20.510.230.660.84-0.520.850.210.740.790.83
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Union Bank Account Relationship Matchups

Union Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6T10.8T11.9T12.9T14.0T14.7T
Short Long Term Debt Total536.2B400.2B397.3B427.4B269.7B285.2B
Other Current Liab(18.8B)(31.8B)(45.5B)(60.3B)(52.5B)(49.9B)
Total Current Liabilities18.8B31.8B45.5B60.3B4.3T4.5T
Total Stockholder Equity339.9B647.4B708.6B788.0B976.0B1.0T
Property Plant And Equipment Net47.1B70.7B69.7B88.5B25.6B36.9B
Net Debt(16.3B)(447.5B)(800.3B)(698.6B)(926.7B)(880.4B)
Retained Earnings(84.0B)(116.7B)35K5.8B5.2B5.5B
Accounts Payable18.8B31.8B45.5B60.3B52.5B55.1B
Cash552.5B847.6B1.2T1.1T1.2T1.3T
Non Current Assets Total47.9B73.7B72.1B88.5B12.7T13.3T
Other Assets5.1T10.2T11.1T12.8T658.4B625.5B
Cash And Short Term Investments371.3B506.6B774.3B28.4B690.2B724.7B
Net Receivables53.9B102.8B116.5B124.9B144.7B76.1B
Liabilities And Stockholders Equity5.6T10.8T11.9T12.9T14.0T14.7T
Non Current Liabilities Total527.1B519.2B512.5B427.4B13.1T13.7T
Other Current Assets3.4T6.4T7.1T1.3T1.2T1.1T
Other Stockholder Equity252.8B173.8B184.0B712.8B762.6B800.8B
Total Liab5.2T10.2T11.2T12.1T13.0T13.7T
Total Current Assets371.3B506.6B774.3B28.4B690.2B655.7B
Accumulated Other Comprehensive Income(34.3B)943.3B1.0T1.2T131.2B177.9B
Common Stock34.2B64.1B68.3B68.3B76.3B80.2B
Non Currrent Assets Other(47.9B)(73.7B)(72.1B)(88.5B)9.2T9.7T
Intangible Assets685.1M3.0B2.4B1.9B2.3B2.4B
Other Liab80.2B135.8B345.8B300.5B345.6B362.9B
Net Tangible Assets266.9B338.0B643.3B705.2B810.9B851.5B
Long Term Debt527.1B519.2B512.5B580.5B667.6B483.2B
Inventory(3.4T)(6.5T)(7.3T)(1.4T)(1.3T)(1.4T)
Long Term Investments1.5T3.4T3.5T3.4T3.4T2.2T
Property Plant Equipment47.1B70.7B69.7B71.4B82.1B51.2B
Long Term Debt Total527.1B519.2B512.5B580.5B667.6B515.3B
Capital Surpluse110.7B152.9B253.8B1.0B936M889.2M
Earning Assets1.5T1.5T1.9T3.4T3.9T4.1T
Net Invested Capital875.1B1.2T1.2T1.2T1.2T1.1T
Capital Stock35.3B65.1B69.4B69.4B77.4B61.5B

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Other Information on Investing in Union Stock

Balance Sheet is a snapshot of the financial position of Union Bank at a specified time, usually calculated after every quarter, six months, or one year. Union Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Union Bank 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 Union currently owns. An asset can also be divided into two categories, current and non-current.