Union Property Plant And Equipment Net vs Total Current Assets 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 Property Plant And Equipment Net and its Total 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.

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bank Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Union Bank's Property Plant And Equipment Net and Total Current Assets is -0.38. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total 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 Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of Union Bank of are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Union Bank's Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.