United Cash And Short Term Investments vs Short Term Investments Analysis
UMC Stock | USD 7.94 0.06 0.75% |
United Microelectronics financial indicator trend analysis is much more than just breaking down United Microelectronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Microelectronics is a good investment. Please check the relationship between United Microelectronics Cash And Short Term Investments and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.
Cash And Short Term Investments vs Short Term Investments
Cash And Short Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Microelectronics Cash And Short Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between United Microelectronics' Cash And Short Term Investments and Short Term Investments is 0.65. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of United Microelectronics, assuming nothing else is changed. The correlation between historical values of United Microelectronics' Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of United Microelectronics are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., United Microelectronics' Cash And Short Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of United Microelectronics balance sheet. This account contains United Microelectronics investments that will expire within one year. These investments include stocks and bonds that can be liquidated by United Microelectronics fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Short Term Investments
Short Term Investments is an item under the current assets section of United Microelectronics balance sheet. It contains any investments United Microelectronics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that United Microelectronics can easily liquidate in the marketplace.Most indicators from United Microelectronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Microelectronics 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 United Microelectronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.At present, United Microelectronics' Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 35.22, whereas Selling General Administrative is forecasted to decline to about 5.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.0B | 125.8B | 74.8B | 78.5B | Total Revenue | 213.0B | 278.7B | 222.5B | 144.7B |
United Microelectronics fundamental ratios Correlations
Click cells to compare fundamentals
United Microelectronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Microelectronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 370.2B | 377.5B | 464.4B | 533.1B | 559.2B | 376.3B | |
Short Long Term Debt Total | 65.9B | 41.4B | 46.8B | 45.6B | 80.2B | 54.1B | |
Other Current Liab | 50.3B | 56.7B | 91.2B | 95.5B | 58.2B | 61.1B | |
Total Current Liabilities | 72.7B | 78.2B | 105.5B | 108.6B | 99.0B | 58.3B | |
Total Stockholder Equity | 206.8B | 235.7B | 281.0B | 335.1B | 359.2B | 253.7B | |
Property Plant And Equipment Net | 158.9B | 141.1B | 145.4B | 198.0B | 250.8B | 175.7B | |
Current Deferred Revenue | 988.1M | 2.0B | 3.4B | 3.5B | 3.3B | 3.1B | |
Net Debt | (29.6B) | (52.6B) | (85.8B) | (128.2B) | (52.4B) | (49.8B) | |
Retained Earnings | 60.8B | 56.6B | 91.5B | 175.8B | 187.2B | 196.6B | |
Accounts Payable | 8.9B | 7.9B | 8.4B | 9.0B | 7.5B | 6.7B | |
Cash | 95.5B | 94.0B | 132.6B | 173.8B | 132.6B | 87.0B | |
Non Current Assets Total | 216.4B | 213.2B | 231.2B | 280.7B | 343.3B | 239.2B | |
Non Currrent Assets Other | 3.2B | 3.8B | 4.2B | 8.5B | 8.7B | 13.4B | |
Cash And Short Term Investments | 96.2B | 109.6B | 170.9B | 178.6B | 144.9B | 92.7B | |
Net Receivables | 26.6B | 29.2B | 36.4B | 39.2B | 33.2B | 22.2B | |
Common Stock Shares Outstanding | 13.2B | 12.5B | 12.5B | 12.7B | 12.6B | 13.2B | |
Short Term Investments | 722.8M | 15.5B | 38.3B | 4.8B | 12.3B | 12.9B | |
Liabilities And Stockholders Equity | 370.2B | 377.5B | 464.4B | 533.1B | 559.2B | 376.3B | |
Non Current Liabilities Total | 90.3B | 63.5B | 77.8B | 89.0B | 98.8B | 58.5B | |
Inventory | 21.7B | 22.6B | 23.0B | 31.1B | 35.7B | 37.5B | |
Other Current Assets | 2.9B | 71.6M | 3.0B | 720.9M | 2.2B | 1.7B | |
Other Stockholder Equity | 39.8B | 43.1B | 47.9B | 12.4B | 6.5B | 6.2B | |
Total Liab | 163.0B | 141.7B | 183.2B | 197.6B | 197.8B | 116.8B | |
Property Plant And Equipment Gross | 158.7B | 141.1B | 986.1B | 1.1T | 1.2T | 1.2T | |
Total Current Assets | 153.8B | 164.3B | 233.3B | 252.4B | 215.9B | 137.1B | |
Accumulated Other Comprehensive Income | (11.0B) | 11.7B | 16.8B | 21.9B | 40.2B | 42.2B | |
Short Term Debt | 12.6B | 11.6B | 2.5B | 537.3M | 30.1B | 31.6B | |
Intangible Assets | 5.2B | 4.9B | 3.6B | 4.3B | 4.4B | 2.6B | |
Common Stock | 117.2B | 124.2B | 124.8B | 125.0B | 125.3B | 107.4B | |
Other Liab | 36.9B | 33.7B | 33.4B | 44.0B | 50.6B | 53.1B | |
Other Assets | 11.2B | 11.2B | 4.2B | 13.5B | 15.5B | 16.3B | |
Long Term Debt | 47.9B | 24.8B | 39.8B | 39.9B | 45.2B | 47.5B | |
Property Plant Equipment | 158.7B | 140.5B | 137.1B | 198.0B | 227.7B | 239.1B | |
Long Term Investments | 37.6B | 56.6B | 72.5B | 64.9B | 61.6B | 45.7B | |
Short Long Term Debt | 36.8B | 38.0B | 1.9B | 13.5B | 12.2B | 19.7B | |
Net Tangible Assets | 201.6B | 230.8B | 277.3B | 330.8B | 380.5B | 229.0B | |
Long Term Debt Total | 53.3B | 29.8B | 44.3B | 45.1B | 40.6B | 40.1B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.CRM | Salesforce | |
MSFT | Microsoft | |
S | SentinelOne |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Microelectronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade United Stock refer to our How to Trade United Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for United Stock analysis
When running United Microelectronics' price analysis, check to measure United Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |
Is United Microelectronics' industry 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 United Microelectronics. If investors know United 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 United Microelectronics 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 (0.35) | Dividend Share 3 | Earnings Share 0.75 | Revenue Per Share 89.995 | Quarterly Revenue Growth 0.008 |
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' 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 United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' 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 United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' 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.