Union Long Term Debt vs Other Current Assets Analysis

UNIONBANK   119.05  0.89  0.75%   
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 Long Term Debt and its Other Current Assets 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.

Long Term Debt vs Other Current Assets

Long Term Debt vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bank Long Term Debt account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
Long Term DebtOther Current AssetsDiversified AwayLong Term DebtOther Current AssetsDiversified Away100%
The correlation between Union Bank's Long Term Debt and Other Current Assets is 0.23. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Current Assets 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 Long Term Debt and Other Current 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 Long Term Debt of Union Bank of are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Debt i.e., Union Bank's Long Term Debt and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that Union Bank has held for over one year. Long-term debt appears on Union Bank of balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Union Bank of balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.