Unum Current Ratio from 2010 to 2024

UNM Stock  USD 51.76  0.22  0.43%   
Unum Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to -0.1 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
(0.10)
Current Value
(0.1)
Quarterly Volatility
144.64270288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unum's main balance sheet or income statement drivers, such as Total Revenue of 8.7 B, Gross Profit of 8.2 B or Other Operating Expenses of 7.6 B, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0164 or PTB Ratio of 1.62. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
  
Check out the analysis of Unum Correlation against competitors.

Latest Unum's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Unum Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Unum's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 20.25 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Unum Current Ratio Regression Statistics

Arithmetic Mean55.88
Geometric Mean2.42
Coefficient Of Variation258.86
Mean Deviation84.57
Median0.82
Standard Deviation144.64
Sample Variance20,922
Range548
R-Value(0.39)
Mean Square Error19,060
R-Squared0.15
Significance0.15
Slope(12.69)
Total Sum of Squares292,901

Unum Current Ratio History

2024 -0.0976
2023 -0.1
2022 15.77
2021 -1.21
2020 -1.22
2019 19.42
2018 -1.63

About Unum Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Unum income statement, its balance sheet, and the statement of cash flows. Unum investors use historical funamental indicators, such as Unum's Current Ratio, to determine how well the company is positioned to perform in the future. Although Unum investors may use each financial statement separately, they are all related. The changes in Unum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Unum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Unum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Unum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio(0.10)(0.10)

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Additional Information and Resources on Investing in Unum Stock

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 the analysis of Unum Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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
0.133
Dividend Share
1.425
Earnings Share
6.74
Revenue Per Share
64.271
Quarterly Revenue Growth
0.054
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.