Union Total Assets vs Net Receivables 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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Union Bank Total Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Union Bank's Total Assets and Net Receivables is 0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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 Total Assets and Net Receivables 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 Assets of Union Bank of are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Union Bank's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Union Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Union Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

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.