Unity Common Stock Total Equity vs Non Current Liabilities Total Analysis
| UNTY Stock | USD 27.50 0.59 2.19% |
Unity Bancorp financial indicator trend analysis is much more than just breaking down Unity Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Bancorp is a good investment. Please check the relationship between Unity Bancorp Common Stock Total Equity and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.
Common Stock Total Equity vs Non Current Liabilities Total
Common Stock Total Equity vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Bancorp Common Stock Total Equity account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Unity Bancorp's Common Stock Total Equity and Non Current Liabilities Total is 0.39. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Unity Bancorp, assuming nothing else is changed. The correlation between historical values of Unity Bancorp's Common Stock Total Equity and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Unity Bancorp are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock Total Equity i.e., Unity Bancorp's Common Stock Total Equity and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Non Current Liabilities Total
Most indicators from Unity Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Bancorp 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 Unity Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp guide.At this time, Unity Bancorp's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.40 in 2024, whereas Tax Provision is likely to drop slightly above 9.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.7M | 10.6M | 14.6M | 13.1M | Depreciation And Amortization | 1.6M | 2.8M | 1.4M | 1.3M |
Unity Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
Unity Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unity Bancorp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 1.9B | 2.0B | 2.4B | 2.6B | 2.7B | |
| Short Long Term Debt Total | 293.3M | 250.3M | 50.3M | 393.3M | 372.1M | 390.7M | |
| Other Current Liab | (455K) | (283K) | (129K) | (691K) | 1.3B | 1.3B | |
| Total Current Liabilities | 455K | 283K | 129K | 691K | 1.6B | 1.7B | |
| Total Stockholder Equity | 160.7M | 169.2M | 205.7M | 239.2M | 261.4M | 274.5M | |
| Property Plant And Equipment Net | 21.3M | 20.5M | 19.9M | 20.0M | 24.8M | 14.9M | |
| Net Debt | 272.2M | 228.7M | 24.3M | 373.6M | 177.3M | 186.2M | |
| Retained Earnings | 70.4M | 84.2M | 123.0M | 157.0M | 191.1M | 200.7M | |
| Accounts Payable | 455K | 283K | 129K | 691K | 1.9M | 2.0M | |
| Cash | 21.1M | 21.6M | 26.1M | 19.7M | 194.8M | 204.5M | |
| Non Current Assets Total | 89.4M | 72.4M | 100.8M | 33.9M | 2.4B | 2.5B | |
| Non Currrent Assets Other | (5.6M) | (9.2M) | (10.0M) | (140.9M) | 2.1B | 2.2B | |
| Other Assets | 1.5B | 1.8B | 1.8B | 2.3B | 1.0 | 0.95 | |
| Cash And Short Term Investments | 85.4M | 70.3M | 82.5M | 115.1M | (20.7M) | (19.6M) | |
| Net Receivables | 7.0M | 10.2M | 9.6M | 13.4M | 13.6M | 14.3M | |
| Common Stock Shares Outstanding | 11.0M | 10.8M | 10.5M | 10.7M | 10.3M | 9.2M | |
| Liabilities And Stockholders Equity | 1.7B | 1.9B | 2.0B | 2.4B | 2.6B | 2.7B | |
| Non Current Liabilities Total | 293.3M | 250.3M | 51.7M | 691K | 707.3M | 742.7M | |
| Other Stockholder Equity | 15.8M | (5.1M) | (11.6M) | (11.7M) | (27.4M) | (26.0M) | |
| Total Liab | 1.6B | 1.8B | 1.8B | 2.2B | 2.3B | 2.4B | |
| Property Plant And Equipment Gross | 24.1M | 22.6M | 44.0M | 45.8M | 41.1M | 43.2M | |
| Total Current Assets | 92.4M | 80.5M | 92.1M | 128.5M | 208.4M | 118.4M | |
| Accumulated Other Comprehensive Income | 154K | (1.3M) | 322K | (3.3M) | (2.7M) | (2.6M) | |
| Common Stock Total Equity | 90.1M | 91.9M | 94.0M | 97.2M | 111.8M | 64.8M | |
| Common Stock | 90.1M | 91.5M | 94.0M | 97.2M | 100.4M | 65.8M | |
| Other Liab | 4.2M | 4.6M | 5.4M | 642K | 738.3K | 701.4K | |
| Short Term Investments | 64.3M | 48.7M | 56.5M | 95.4M | 91.8M | 54.8M | |
| Inventory | (168.6M) | (233.4M) | (256.8M) | (128.2M) | 7.1M | 7.4M | |
| Property Plant Equipment | 23.0M | 22.6M | 19.9M | 20.0M | 23.0M | 16.3M | |
| Other Current Assets | 168.6M | 233.4M | 256.8M | 128.2M | 208.4M | 402.8M | |
| Intangible Assets | 2.0M | 1.9M | 1.0M | 691K | 881K | 1.5M | |
| Net Tangible Assets | 159.2M | 172.4M | 204.2M | 237.7M | 273.4M | 287.0M | |
| Retained Earnings Total Equity | 70.4M | 90.7M | 123.0M | 157.0M | 180.5M | 189.5M | |
| Long Term Investments | 1.4B | 50.4M | 79.3M | 140.9M | 135.7M | 245.3M | |
| Short Term Debt | 243.6M | 160.6M | 681K | 343.7M | 351.9M | 179.1M |
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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.When determining whether Unity Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unity Bancorp'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 Unity Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unity Bancorp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Unity Stock please use our How to Invest in Unity Bancorp 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.
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When running Unity Bancorp's price analysis, check to measure Unity Bancorp's 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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Unity Bancorp's 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 Unity Bancorp. If investors know Unity 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 Unity Bancorp 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 (0.03) | Dividend Share 0.49 | Earnings Share 3.81 | Revenue Per Share 9.864 | Quarterly Revenue Growth (0.01) |
The market value of Unity Bancorp is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Unity Bancorp'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 Unity Bancorp's market value can be influenced by many factors that don't directly affect Unity Bancorp'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 Unity Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Bancorp'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.