Unitech Net Income vs Change To Operating Activities 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 Net Income and its Change To Operating Activities 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 various price indices.

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unitech Limited Net Income account and Change To Operating Activities. At this time, the significance of the direction appears to have pay attention.

The correlation between Unitech's Net Income and Change To Operating Activities is -0.79. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities 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 Net Income and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Unitech Limited are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., Unitech's Net Income and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Unitech Limited financial statement analysis. It represents the amount of money remaining after all of Unitech Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Operating Activities

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 various price indices.

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 Net Income vs Change To Operating Activities Analysis

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

Correlation Coefficient

Net Income

Change To Operating Activities

Unitech fundamental ratios Correlations

Unitech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unitech fundamental ratios Accounts

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Other Information on Investing in Unitech Stock

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COMPANY

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