Unitech Accounts Payable vs Net Debt Analysis

UNITECH Stock

9.05 0.04 0.44%

Unitech financial indicator trend analysis is much more than just breaking down Unitech Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unitech Limited is a good investment. Please check the relationship between Unitech Accounts Payable and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unitech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unitech Limited Accounts Payable account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Unitech's Accounts Payable and Net Debt is 0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Debt in the same time period over historical financial statements of Unitech Limited, assuming nothing else is changed. The correlation between historical values of Unitech's Accounts Payable and Net Debt 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 Unitech Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accounts Payable i.e., Unitech's Accounts Payable and Net Debt go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Unitech 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 Unitech Limited 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Unitech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unitech Limited 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 Unitech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

The current Selling General Administrative is estimated to decrease to about 125.8 M. The Unitech's current Tax Provision is estimated to increase to about (148.5 M)

	2021	2022	2023	2024 (projected)
Interest Expense	6.7B	31.6B	30.9B	32.4B
Depreciation And Amortization	62.0M	60.5M	61.9M	58.8M

Interest Expense Depreciation And Amortization

Unitech fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		-0.33	-0.32	-0.67	-0.3	0.68	0.31	0.41	-0.31	0.69	-0.1	-0.59	0.28	0.0	-0.18	-0.12	0.38	-0.02	0.46	0.33	-0.54	0.49	-0.34	-0.28	-0.31	0.32
Total Assets	-0.33		0.32	0.42	0.47	-0.34	-0.46	0.18	0.36	-0.3	0.79	-0.13	-0.22	0.33	-0.42	0.42	-0.04	-0.27	-0.53	-0.52	0.23	-0.77	0.48	0.8	0.26	-0.32
Short Long Term Debt Total	-0.32	0.32		0.18	0.32	-0.31	0.1	-0.26	1.0	-0.33	0.32	0.58	0.08	-0.16	0.35	-0.26	0.08	-0.02	-0.25	-0.04	0.25	-0.04	0.34	0.16	0.8	0.1
Other Current Liab	-0.67	0.42	0.18		0.82	-0.93	-0.77	0.08	0.2	-0.93	0.12	0.17	-0.81	0.16	0.08	0.11	-0.79	0.12	-0.89	-0.79	0.9	-0.59	0.83	0.73	0.56	-0.79
Total Current Liabilities	-0.3	0.47	0.32	0.82		-0.86	-0.83	0.36	0.33	-0.84	0.22	0.03	-0.85	0.32	0.07	0.02	-0.73	0.08	-0.93	-0.85	0.79	-0.55	1.0	0.85	0.75	-0.83
Total Stockholder Equity	0.68	-0.34	-0.31	-0.93	-0.86		0.77	-0.12	-0.31	1.0	-0.04	-0.33	0.83	-0.23	-0.24	0.08	0.85	-0.17	0.92	0.79	-0.92	0.57	-0.87	-0.68	-0.7	0.82
Property Plant And Equipment Net	0.31	-0.46	0.1	-0.77	-0.83	0.77		-0.4	0.06	0.73	-0.13	0.27	0.95	-0.39	0.15	-0.24	0.82	-0.12	0.9	0.87	-0.64	0.73	-0.81	-0.87	-0.39	0.95
Current Deferred Revenue	0.41	0.18	-0.26	0.08	0.36	-0.12	-0.4		-0.23	-0.1	0.14	-0.57	-0.38	0.57	-0.12	0.07	-0.27	0.23	-0.36	-0.41	0.28	-0.16	0.32	0.4	0.08	-0.43
Net Debt	-0.31	0.36	1.0	0.2	0.33	-0.31	0.06	-0.23		-0.33	0.36	0.52	0.05	-0.13	0.32	-0.2	0.07	-0.01	-0.28	-0.07	0.25	-0.08	0.36	0.2	0.8	0.07
Retained Earnings	0.69	-0.3	-0.33	-0.93	-0.84	1.0	0.73	-0.1	-0.33		0.0	-0.36	0.81	-0.2	-0.27	0.1	0.84	-0.19	0.9	0.76	-0.93	0.53	-0.86	-0.64	-0.71	0.8
Accounts Payable	-0.1	0.79	0.32	0.12	0.22	-0.04	-0.13	0.14	0.36	0.0		-0.15	0.07	0.33	-0.51	0.39	0.28	-0.45	-0.2	-0.2	-0.01	-0.55	0.24	0.51	0.11	0.0
Cash	-0.59	-0.13	0.58	0.17	0.03	-0.33	0.27	-0.57	0.52	-0.36	-0.15		0.17	-0.31	0.51	-0.57	0.0	-0.08	-0.01	0.14	0.28	0.1	0.08	-0.25	0.4	0.19
Non Current Assets Total	0.28	-0.22	0.08	-0.81	-0.85	0.83	0.95	-0.38	0.05	0.81	0.07	0.17		-0.33	-0.03	-0.07	0.94	-0.23	0.9	0.87	-0.75	0.57	-0.83	-0.75	-0.47	0.98
Non Currrent Assets Other	0.0	0.33	-0.16	0.16	0.32	-0.23	-0.39	0.57	-0.13	-0.2	0.33	-0.31	-0.33		0.1	0.26	-0.29	0.39	-0.32	-0.45	0.18	-0.45	0.31	0.43	-0.02	-0.47
Cash And Short Term Investments	-0.18	-0.42	0.35	0.08	0.07	-0.24	0.15	-0.12	0.32	-0.27	-0.51	0.51	-0.03	0.1		-0.51	-0.18	0.77	-0.02	0.16	0.32	0.43	0.09	-0.29	0.41	0.01
Net Receivables	-0.12	0.42	-0.26	0.11	0.02	0.08	-0.24	0.07	-0.2	0.1	0.39	-0.57	-0.07	0.26	-0.51		0.03	-0.09	-0.08	-0.22	-0.19	-0.37	0.01	0.33	-0.29	-0.16
Good Will	0.38	-0.04	0.08	-0.79	-0.73	0.85	0.82	-0.27	0.07	0.84	0.28	0.0	0.94	-0.29	-0.18	0.03		-0.31	0.81	0.82	-0.77	0.47	-0.72	-0.56	-0.44	0.93
Short Term Investments	-0.02	-0.27	-0.02	0.12	0.08	-0.17	-0.12	0.23	-0.01	-0.19	-0.45	-0.08	-0.23	0.39	0.77	-0.09	-0.31		-0.13	-0.02	0.28	0.24	0.07	-0.05	0.17	-0.23
Non Current Liabilities Total	0.46	-0.53	-0.25	-0.89	-0.93	0.92	0.9	-0.36	-0.28	0.9	-0.2	-0.01	0.9	-0.32	-0.02	-0.08	0.81	-0.13		0.9	-0.84	0.68	-0.93	-0.88	-0.68	0.9
Inventory	0.33	-0.52	-0.04	-0.79	-0.85	0.79	0.87	-0.41	-0.07	0.76	-0.2	0.14	0.87	-0.45	0.16	-0.22	0.82	-0.02	0.9		-0.68	0.75	-0.83	-0.87	-0.46	0.93
Other Current Assets	-0.54	0.23	0.25	0.9	0.79	-0.92	-0.64	0.28	0.25	-0.93	-0.01	0.28	-0.75	0.18	0.32	-0.19	-0.77	0.28	-0.84	-0.68		-0.36	0.79	0.57	0.66	-0.72
Other Stockholder Equity	0.49	-0.77	-0.04	-0.59	-0.55	0.57	0.73	-0.16	-0.08	0.53	-0.55	0.1	0.57	-0.45	0.43	-0.37	0.47	0.24	0.68	0.75	-0.36		-0.55	-0.82	-0.16	0.67
Total Liab	-0.34	0.48	0.34	0.83	1.0	-0.87	-0.81	0.32	0.36	-0.86	0.24	0.08	-0.83	0.31	0.09	0.01	-0.72	0.07	-0.93	-0.83	0.79	-0.55		0.84	0.76	-0.81
Total Current Assets	-0.28	0.8	0.16	0.73	0.85	-0.68	-0.87	0.4	0.2	-0.64	0.51	-0.25	-0.75	0.43	-0.29	0.33	-0.56	-0.05	-0.88	-0.87	0.57	-0.82	0.84		0.47	-0.79
Short Term Debt	-0.31	0.26	0.8	0.56	0.75	-0.7	-0.39	0.08	0.8	-0.71	0.11	0.4	-0.47	-0.02	0.41	-0.29	-0.44	0.17	-0.68	-0.46	0.66	-0.16	0.76	0.47		-0.42
Intangible Assets	0.32	-0.32	0.1	-0.79	-0.83	0.82	0.95	-0.43	0.07	0.8	0.0	0.19	0.98	-0.47	0.01	-0.16	0.93	-0.23	0.9	0.93	-0.72	0.67	-0.81	-0.79	-0.42

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Unitech Account Relationship Matchups

Unitech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	258.8B	258.8B	267.3B	268.9B	265.2B	289.4B
Short Long Term Debt Total	58.6B	41.6B	71.3B	71.7B	73.9B	67.0B
Other Current Liab	64.6B	169.5B	158.6B	133.1B	212.8B	223.4B
Total Current Liabilities	199.9B	216.8B	245.6B	278.8B	313.3B	190.1B
Total Stockholder Equity	46.1B	30.4B	20.0B	(8.5B)	(41.9B)	(39.8B)
Property Plant And Equipment Net	2.9B	2.8B	2.8B	2.6B	2.6B	2.5B
Current Deferred Revenue	76.4B	100.8B	79.2B	63.4B	15.6B	14.8B
Net Debt	57.9B	41.0B	70.6B	68.7B	70.7B	65.2B
Retained Earnings	(19.2B)	(35.2B)	(45.3B)	(68.9B)	(107.1B)	(101.8B)
Accounts Payable	11.4B	10.7B	10.6B	10.6B	11.0B	12.2B
Cash	768.3M	572.2M	700.2M	3.0B	3.2B	3.3B
Non Current Assets Total	34.1B	30.7B	30.4B	30.3B	30.2B	38.4B
Non Currrent Assets Other	3.4B	3.4B	3.2B	2.5B	2.1B	2.8B
Cash And Short Term Investments	824.6M	1.7B	4.5B	3.9B	4.3B	3.0B
Net Receivables	188.7B	165.7B	174.6B	19.0B	171.9B	172.1B
Good Will	8.2B	7.4B	4.0B	3.8B	3.5B	3.3B
Short Term Investments	56.3M	1.1B	3.8B	940.2M	1.2B	1.3B
Liabilities And Stockholders Equity	258.8B	258.8B	267.3B	268.9B	265.2B	289.4B
Non Current Liabilities Total	12.1B	11.2B	1.4B	1.5B	1.5B	1.4B
Inventory	28.4B	28.4B	28.4B	27.8B	29.1B	27.8B
Other Current Assets	6.7B	31.3B	28.4B	27.8B	29.7B	31.2B
Total Liab	212.1B	228.0B	247.0B	280.3B	314.8B	214.9B
Total Current Assets	224.6B	228.1B	236.9B	238.6B	235.0B	236.6B
Short Term Debt	47.5B	31.3B	70.8B	71.3B	73.5B	49.3B
Intangible Assets	1.3M	2.3M	4.5M	7.6M	10.7M	10.1M
Accumulated Other Comprehensive Income	6.9B	7.1B	6.9B	6.2B	2.5B	3.7B
Other Liab	964.6M	950.7M	941.7M	1.0B	943.2M	896.1M
Net Tangible Assets	42.1B	26.5B	16.2B	(12.4B)	(11.2B)	(10.6B)
Other Assets	(2K)	4.0B	1K	2.9B	(3.0K)	(2.9K)
Long Term Debt	11.1B	10.2B	489.9M	426.6M	395.5M	375.7M
Short Long Term Debt	34.7B	9.1B	70.8B	71.2B	71.9B	42.5B
Property Plant Equipment	2.7B	2.5B	2.5B	2.6B	2.3B	2.2B
Long Term Debt Total	11.2B	10.2B	501.7M	409.7M	368.7M	350.3M
Cash And Equivalents	87.7M	12.8M	4.5B	2.1B	2.4B	2.5B
Capital Lease Obligations	32.2M	18.0M	23.0M	30.5M	17.2M	21.4M
Non Current Liabilities Other	(2K)	(2.2B)	166K	946.3M	1.0B	1.1B
Net Invested Capital	92.0B	49.7B	91.3B	63.1B	30.3B	59.6B

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Other Information on Investing in Unitech Stock

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

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Unitech Accounts Payable vs Net Debt Analysis

Accounts Payable vs Net Debt

Accounts Payable vs Net Debt Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Debt

Unitech fundamental ratios Correlations

Unitech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unitech fundamental ratios Accounts

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Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 0.98	Non Current Assets Total
Non Current Assets Total	+ 0.95	Property Plant And Equipment Net
Intangible Assets	+ 0.95	Property Plant And Equipment Net

Total Liab	- 0.93	Non Current Liabilities Total
Other Current Assets	- 0.93	Retained Earnings
Non Current Liabilities Total	- 0.93	Total Current Liabilities
Retained Earnings	- 0.93	Other Current Liab
Total Stockholder Equity	- 0.93	Other Current Liab
Other Current Assets	- 0.92	Total Stockholder Equity