Unitech Total Assets vs Total Stockholder Equity 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 Total Assets and its Total Stockholder Equity 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.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unitech Limited Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unitech's Total Assets and Total Stockholder Equity is -0.34. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity 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 Total Assets and Total Stockholder Equity 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 Unitech Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Unitech's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Unitech 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 Unitech Limited 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Expense6.7B31.6B30.9B32.4B
Depreciation And Amortization62.0M60.5M61.9M58.8M

Unitech fundamental ratios Correlations

-0.33-0.32-0.67-0.30.680.310.41-0.310.69-0.1-0.590.280.0-0.18-0.120.38-0.020.460.33-0.540.49-0.34-0.28-0.310.32
-0.330.320.420.47-0.34-0.460.180.36-0.30.79-0.13-0.220.33-0.420.42-0.04-0.27-0.53-0.520.23-0.770.480.80.26-0.32
-0.320.320.180.32-0.310.1-0.261.0-0.330.320.580.08-0.160.35-0.260.08-0.02-0.25-0.040.25-0.040.340.160.80.1
-0.670.420.180.82-0.93-0.770.080.2-0.930.120.17-0.810.160.080.11-0.790.12-0.89-0.790.9-0.590.830.730.56-0.79
-0.30.470.320.82-0.86-0.830.360.33-0.840.220.03-0.850.320.070.02-0.730.08-0.93-0.850.79-0.551.00.850.75-0.83
0.68-0.34-0.31-0.93-0.860.77-0.12-0.311.0-0.04-0.330.83-0.23-0.240.080.85-0.170.920.79-0.920.57-0.87-0.68-0.70.82
0.31-0.460.1-0.77-0.830.77-0.40.060.73-0.130.270.95-0.390.15-0.240.82-0.120.90.87-0.640.73-0.81-0.87-0.390.95
0.410.18-0.260.080.36-0.12-0.4-0.23-0.10.14-0.57-0.380.57-0.120.07-0.270.23-0.36-0.410.28-0.160.320.40.08-0.43
-0.310.361.00.20.33-0.310.06-0.23-0.330.360.520.05-0.130.32-0.20.07-0.01-0.28-0.070.25-0.080.360.20.80.07
0.69-0.3-0.33-0.93-0.841.00.73-0.1-0.330.0-0.360.81-0.2-0.270.10.84-0.190.90.76-0.930.53-0.86-0.64-0.710.8
-0.10.790.320.120.22-0.04-0.130.140.360.0-0.150.070.33-0.510.390.28-0.45-0.2-0.2-0.01-0.550.240.510.110.0
-0.59-0.130.580.170.03-0.330.27-0.570.52-0.36-0.150.17-0.310.51-0.570.0-0.08-0.010.140.280.10.08-0.250.40.19
0.28-0.220.08-0.81-0.850.830.95-0.380.050.810.070.17-0.33-0.03-0.070.94-0.230.90.87-0.750.57-0.83-0.75-0.470.98
0.00.33-0.160.160.32-0.23-0.390.57-0.13-0.20.33-0.31-0.330.10.26-0.290.39-0.32-0.450.18-0.450.310.43-0.02-0.47
-0.18-0.420.350.080.07-0.240.15-0.120.32-0.27-0.510.51-0.030.1-0.51-0.180.77-0.020.160.320.430.09-0.290.410.01
-0.120.42-0.260.110.020.08-0.240.07-0.20.10.39-0.57-0.070.26-0.510.03-0.09-0.08-0.22-0.19-0.370.010.33-0.29-0.16
0.38-0.040.08-0.79-0.730.850.82-0.270.070.840.280.00.94-0.29-0.180.03-0.310.810.82-0.770.47-0.72-0.56-0.440.93
-0.02-0.27-0.020.120.08-0.17-0.120.23-0.01-0.19-0.45-0.08-0.230.390.77-0.09-0.31-0.13-0.020.280.240.07-0.050.17-0.23
0.46-0.53-0.25-0.89-0.930.920.9-0.36-0.280.9-0.2-0.010.9-0.32-0.02-0.080.81-0.130.9-0.840.68-0.93-0.88-0.680.9
0.33-0.52-0.04-0.79-0.850.790.87-0.41-0.070.76-0.20.140.87-0.450.16-0.220.82-0.020.9-0.680.75-0.83-0.87-0.460.93
-0.540.230.250.90.79-0.92-0.640.280.25-0.93-0.010.28-0.750.180.32-0.19-0.770.28-0.84-0.68-0.360.790.570.66-0.72
0.49-0.77-0.04-0.59-0.550.570.73-0.16-0.080.53-0.550.10.57-0.450.43-0.370.470.240.680.75-0.36-0.55-0.82-0.160.67
-0.340.480.340.831.0-0.87-0.810.320.36-0.860.240.08-0.830.310.090.01-0.720.07-0.93-0.830.79-0.550.840.76-0.81
-0.280.80.160.730.85-0.68-0.870.40.2-0.640.51-0.25-0.750.43-0.290.33-0.56-0.05-0.88-0.870.57-0.820.840.47-0.79
-0.310.260.80.560.75-0.7-0.390.080.8-0.710.110.4-0.47-0.020.41-0.29-0.440.17-0.68-0.460.66-0.160.760.47-0.42
0.32-0.320.1-0.79-0.830.820.95-0.430.070.80.00.190.98-0.470.01-0.160.93-0.230.90.93-0.720.67-0.81-0.79-0.42
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Unitech Account Relationship Matchups

Unitech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets258.8B258.8B267.3B268.9B265.2B289.4B
Short Long Term Debt Total58.6B41.6B71.3B71.7B73.9B67.0B
Other Current Liab64.6B169.5B158.6B133.1B212.8B223.4B
Total Current Liabilities199.9B216.8B245.6B278.8B313.3B190.1B
Total Stockholder Equity46.1B30.4B20.0B(8.5B)(41.9B)(39.8B)
Property Plant And Equipment Net2.9B2.8B2.8B2.6B2.6B2.5B
Current Deferred Revenue76.4B100.8B79.2B63.4B15.6B14.8B
Net Debt57.9B41.0B70.6B68.7B70.7B65.2B
Retained Earnings(19.2B)(35.2B)(45.3B)(68.9B)(107.1B)(101.8B)
Accounts Payable11.4B10.7B10.6B10.6B11.0B12.2B
Cash768.3M572.2M700.2M3.0B3.2B3.3B
Non Current Assets Total34.1B30.7B30.4B30.3B30.2B38.4B
Non Currrent Assets Other3.4B3.4B3.2B2.5B2.1B2.8B
Cash And Short Term Investments824.6M1.7B4.5B3.9B4.3B3.0B
Net Receivables188.7B165.7B174.6B19.0B171.9B172.1B
Good Will8.2B7.4B4.0B3.8B3.5B3.3B
Short Term Investments56.3M1.1B3.8B940.2M1.2B1.3B
Liabilities And Stockholders Equity258.8B258.8B267.3B268.9B265.2B289.4B
Non Current Liabilities Total12.1B11.2B1.4B1.5B1.5B1.4B
Inventory28.4B28.4B28.4B27.8B29.1B27.8B
Other Current Assets6.7B31.3B28.4B27.8B29.7B31.2B
Total Liab212.1B228.0B247.0B280.3B314.8B214.9B
Total Current Assets224.6B228.1B236.9B238.6B235.0B236.6B
Short Term Debt47.5B31.3B70.8B71.3B73.5B49.3B
Intangible Assets1.3M2.3M4.5M7.6M10.7M10.1M
Accumulated Other Comprehensive Income6.9B7.1B6.9B6.2B2.5B3.7B
Other Liab964.6M950.7M941.7M1.0B943.2M896.1M
Net Tangible Assets42.1B26.5B16.2B(12.4B)(11.2B)(10.6B)
Other Assets(2K)4.0B1K2.9B(3.0K)(2.9K)
Long Term Debt11.1B10.2B489.9M426.6M395.5M375.7M
Short Long Term Debt34.7B9.1B70.8B71.2B71.9B42.5B
Property Plant Equipment2.7B2.5B2.5B2.6B2.3B2.2B
Long Term Debt Total11.2B10.2B501.7M409.7M368.7M350.3M
Cash And Equivalents87.7M12.8M4.5B2.1B2.4B2.5B
Capital Lease Obligations32.2M18.0M23.0M30.5M17.2M21.4M
Non Current Liabilities Other(2K)(2.2B)166K946.3M1.0B1.1B
Net Invested Capital92.0B49.7B91.3B63.1B30.3B59.6B

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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.