Unum Long Term Debt vs Property Plant Equipment Analysis

UNM Stock  USD 77.07  0.86  1.13%   
Unum financial indicator trend analysis is much more than just breaking down Unum Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unum Group is a good investment. Please check the relationship between Unum Long Term Debt and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. 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.

Long Term Debt vs Property Plant Equipment

Long Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unum Group Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Unum's Long Term Debt and Property Plant Equipment is -0.26. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Unum Group, assuming nothing else is changed. The correlation between historical values of Unum's Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Unum Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Unum's Long Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Unum Group has held for over one year. Long-term debt appears on Unum Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Unum Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant Equipment

Most indicators from Unum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unum Group 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 Unum Group. 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.
At this time, Unum's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 8.11, while Selling General Administrative is likely to drop about 869.5 M.
 2021 2022 2023 2024 (projected)
EBITDA1.6B2.0B1.9B1.0B
EBIT1.4B1.9B1.8B1.9B

Unum fundamental ratios Correlations

0.920.11-0.28-0.620.370.510.37-0.380.530.630.780.480.010.99-0.08-0.150.18-0.330.17-0.330.450.160.39-0.140.06
0.920.31-0.5-0.670.120.430.52-0.410.580.740.810.35-0.070.89-0.09-0.340.16-0.51-0.02-0.510.27-0.040.5-0.33-0.1
0.110.31-0.53-0.360.150.070.330.120.750.530.490.470.270.12-0.38-0.630.39-0.290.16-0.290.020.090.83-0.85-0.58
-0.28-0.5-0.530.520.460.12-0.660.2-0.34-0.48-0.470.22-0.18-0.23-0.020.34-0.030.40.640.4-0.120.68-0.60.710.4
-0.62-0.67-0.360.52-0.02-0.41-0.650.47-0.38-0.69-0.56-0.17-0.36-0.60.00.010.090.530.080.530.03-0.03-0.510.510.11
0.370.120.150.46-0.020.28-0.320.290.460.10.180.890.180.44-0.18-0.070.340.380.920.380.510.870.270.060.0
0.510.430.070.12-0.410.280.54-0.810.130.660.460.37-0.050.54-0.4-0.220.07-0.430.3-0.430.070.340.19-0.020.29
0.370.520.33-0.66-0.65-0.320.54-0.760.140.820.38-0.180.040.36-0.25-0.37-0.02-0.62-0.43-0.620.0-0.380.41-0.44-0.15
-0.38-0.410.120.20.470.29-0.81-0.760.17-0.6-0.360.190.11-0.370.220.080.170.620.290.620.110.210.00.0-0.3
0.530.580.75-0.34-0.380.460.130.140.170.570.680.720.190.55-0.38-0.60.52-0.090.41-0.090.280.330.66-0.53-0.5
0.630.740.53-0.48-0.690.10.660.82-0.60.570.590.30.030.64-0.39-0.610.27-0.570.03-0.570.020.060.58-0.46-0.27
0.780.810.49-0.47-0.560.180.460.38-0.360.680.590.530.170.76-0.3-0.310.25-0.480.08-0.480.370.00.59-0.47-0.07
0.480.350.470.22-0.170.890.37-0.180.190.720.30.530.220.54-0.35-0.290.410.120.860.120.430.780.51-0.23-0.12
0.01-0.070.27-0.18-0.360.18-0.050.040.110.190.030.170.220.01-0.210.010.020.090.10.090.110.130.45-0.49-0.49
0.990.890.12-0.23-0.60.440.540.36-0.370.550.640.760.540.01-0.11-0.170.21-0.290.24-0.290.460.230.4-0.130.07
-0.08-0.09-0.38-0.020.0-0.18-0.4-0.250.22-0.38-0.39-0.3-0.35-0.21-0.110.56-0.350.22-0.290.22-0.05-0.23-0.240.260.45
-0.15-0.34-0.630.340.01-0.07-0.22-0.370.08-0.6-0.61-0.31-0.290.01-0.170.56-0.520.12-0.090.120.010.01-0.570.50.64
0.180.160.39-0.030.090.340.07-0.020.170.520.270.250.410.020.21-0.35-0.52-0.110.32-0.110.170.230.31-0.16-0.37
-0.33-0.51-0.290.40.530.38-0.43-0.620.62-0.09-0.57-0.480.120.09-0.290.220.12-0.110.311.00.290.26-0.190.26-0.03
0.17-0.020.160.640.080.920.3-0.430.290.410.030.080.860.10.24-0.29-0.090.320.310.320.210.970.130.110.01
-0.33-0.51-0.290.40.530.38-0.43-0.620.62-0.09-0.57-0.480.120.09-0.290.220.12-0.111.00.320.290.26-0.190.26-0.03
0.450.270.02-0.120.030.510.070.00.110.280.020.370.430.110.46-0.050.010.170.290.210.290.060.240.020.0
0.16-0.040.090.68-0.030.870.34-0.380.210.330.060.00.780.130.23-0.230.010.230.260.970.260.060.070.150.06
0.390.50.83-0.6-0.510.270.190.410.00.660.580.590.510.450.4-0.24-0.570.31-0.190.13-0.190.240.07-0.9-0.52
-0.14-0.33-0.850.710.510.06-0.02-0.440.0-0.53-0.46-0.47-0.23-0.49-0.130.260.5-0.160.260.110.260.020.15-0.90.6
0.06-0.1-0.580.40.110.00.29-0.15-0.3-0.5-0.27-0.07-0.12-0.490.070.450.64-0.37-0.030.01-0.030.00.06-0.520.6
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Unum Account Relationship Matchups

Unum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets67.0B70.6B70.1B61.4B63.3B45.0B
Total Stockholder Equity10.0B10.9B11.4B9.2B9.7B6.6B
Retained Earnings10.7B11.3B11.9B12.9B11.4B12.0B
Common Stock Shares Outstanding209.9M203.8M204.8M202.1M197.6M247.8M
Liabilities And Stockholders Equity67.0B70.6B70.1B61.4B63.3B44.6B
Other Stockholder Equity(831.6M)(803.5M)(821.6M)(988.8M)1.5B1.6B
Property Plant And Equipment Net534.1M498M462.7M451.7M485.3M392.5M
Non Current Assets Total49.6B46.5B45.6B1.2B118.1M112.2M
Non Currrent Assets Other(122.7M)(158.8M)(144.5M)(36.2B)(39.3B)(37.4B)
Other Assets9.6B10.2B10.6B57.1B62.2B65.3B
Net Receivables6.4B12.3B12.4B11.7B10.7B5.7B
Total Current Assets7.8B13.9B13.9B3.0B970.9M922.4M
Short Long Term Debt Total3.3B3.4B3.5B3.4B3.4B2.4B
Net Debt3.2B3.1B3.4B3.3B3.3B2.3B
Non Current Liabilities Total3.4B3.8B3.9B52.0B3.4B3.3B
Total Liab57.0B59.8B58.7B52.2B53.6B41.1B
Other Current Liab(399.7M)(11.5B)(11.5B)76M(9.5B)(9.0B)
Total Current Liabilities399.7M(11.5B)(11.5B)192.9M(9.4B)(9.0B)
Cash84.1M197M75M119.2M146M114.6M
Cash And Short Term Investments1.4B1.7B1.5B1.5B38.6B40.5B
Short Term Investments1.3B1.5B1.4B1.4B38.4B40.4B
Property Plant And Equipment Gross504.8M546.9M534.1M498M572.7M456.7M
Accumulated Other Comprehensive Income37.3M374.2M354.1M(2.8B)(3.3B)(3.1B)
Good Will351.7M353M352.2M347.6M349.9M291.4M
Other Current Assets4.5B4.8B4.4B(10.2B)4.9B4.6B
Short Term Debt399.7M25.4M22.6M2M19.2M18.2M
Other Liab52.9B56.0B54.8B48.1B55.3B58.1B
Accounts Payable24M256.7M159.1M190.9M171.8M163.2M
Long Term Debt2.9B3.3B3.4B3.4B3.4B2.4B
Intangible Assets88.7M83.8M73.1M62.9M63.9M60.7M
Property Plant Equipment534.1M498M462.7M451.7M519.5M504.7M
Retained Earnings Total Equity10.7B11.3B11.9B12.9B14.8B8.3B
Inventory(4.5B)(4.8B)(4.4B)(53.1B)(47.8B)(45.4B)
Net Tangible Assets9.6B10.5B11.1B8.8B10.2B10.0B
Long Term Debt Total2.9B3.3B3.4B3.4B3.9B3.2B

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When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. 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.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unum. If investors know Unum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.392
Dividend Share
1.57
Earnings Share
9.21
Revenue Per Share
67.014
Quarterly Revenue Growth
0.04
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unum's market value can be influenced by many factors that don't directly affect Unum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.