Unity Non Current Liabilities Total vs Total Current Liabilities Analysis

UNTY Stock

USD 27.70 0.10 0.36%

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 Non Current Liabilities Total and its Total Current Liabilities 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.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Bancorp Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Unity Bancorp's Non Current Liabilities Total and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Unity Bancorp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Unity Bancorp's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Unity Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Unity Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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

Interest Expense Depreciation And Amortization

Unity Bancorp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Common Stock	Other Liab	Long Term Debt	Short Term Investments
Total Assets		0.84	0.62	0.63	0.99	0.64	0.66	0.95	0.59	0.61	0.63	0.64	0.26	-0.29	0.98	0.69	0.67	-0.67	1.0	0.94	0.11	0.78	0.78	-0.08	0.8	0.16
Short Long Term Debt Total	0.84		0.54	0.58	0.8	0.61	0.89	0.76	0.62	0.55	0.57	0.58	0.16	-0.2	0.81	0.59	0.7	-0.55	0.84	0.7	0.14	0.66	0.65	-0.25	0.75	0.13
Other Current Liab	0.62	0.54		0.99	0.67	0.1	0.1	0.75	0.97	0.99	0.99	0.99	-0.58	-0.78	0.67	0.05	0.88	-0.6	0.62	0.53	-0.01	0.2	0.14	-0.37	0.7	0.17
Total Current Liabilities	0.63	0.58	0.99		0.67	0.15	0.14	0.75	0.98	1.0	1.0	1.0	-0.58	-0.79	0.67	0.08	0.91	-0.59	0.63	0.54	-0.03	0.23	0.17	-0.41	0.7	0.14
Total Stockholder Equity	0.99	0.8	0.67	0.67		0.57	0.59	0.97	0.63	0.65	0.66	0.68	0.2	-0.36	0.98	0.61	0.66	-0.66	0.98	0.95	0.08	0.75	0.74	-0.11	0.81	0.18
Property Plant And Equipment Net	0.64	0.61	0.1	0.15	0.57		0.66	0.42	0.09	0.11	0.15	0.18	0.5	0.07	0.51	0.89	0.38	-0.34	0.65	0.6	0.33	0.93	0.93	0.18	0.29	0.0
Net Debt	0.66	0.89	0.1	0.14	0.59	0.66		0.5	0.2	0.11	0.13	0.15	0.53	0.19	0.61	0.68	0.34	-0.33	0.67	0.55	0.19	0.67	0.7	-0.06	0.52	0.1
Retained Earnings	0.95	0.76	0.75	0.75	0.97	0.42	0.5		0.71	0.74	0.74	0.76	0.06	-0.44	0.98	0.43	0.68	-0.71	0.94	0.92	0.03	0.63	0.6	-0.21	0.86	0.15
Accounts Payable	0.59	0.62	0.97	0.98	0.63	0.09	0.2	0.71		0.97	0.97	0.97	-0.6	-0.77	0.64	0.03	0.86	-0.53	0.58	0.5	-0.04	0.17	0.11	-0.52	0.72	0.22
Cash	0.61	0.55	0.99	1.0	0.65	0.11	0.11	0.74	0.97		1.0	1.0	-0.61	-0.79	0.65	0.03	0.9	-0.6	0.6	0.53	-0.04	0.2	0.13	-0.42	0.68	0.11
Non Current Assets Total	0.63	0.57	0.99	1.0	0.66	0.15	0.13	0.74	0.97	1.0		1.0	-0.59	-0.79	0.66	0.08	0.91	-0.59	0.62	0.54	-0.03	0.23	0.16	-0.41	0.68	0.15
Non Currrent Assets Other	0.64	0.58	0.99	1.0	0.68	0.18	0.15	0.76	0.97	1.0	1.0		-0.56	-0.8	0.67	0.09	0.92	-0.59	0.64	0.55	-0.01	0.26	0.2	-0.39	0.69	0.09
Other Assets	0.26	0.16	-0.58	-0.58	0.2	0.5	0.53	0.06	-0.6	-0.61	-0.59	-0.56		0.65	0.19	0.61	-0.43	0.07	0.26	0.3	0.24	0.54	0.61	0.47	-0.04	-0.05
Cash And Short Term Investments	-0.29	-0.2	-0.78	-0.79	-0.36	0.07	0.19	-0.44	-0.77	-0.79	-0.79	-0.8	0.65		-0.36	0.19	-0.68	0.11	-0.28	-0.2	0.0	-0.02	0.05	0.32	-0.41	0.03
Net Receivables	0.98	0.81	0.67	0.67	0.98	0.51	0.61	0.98	0.64	0.65	0.66	0.67	0.19	-0.36		0.56	0.64	-0.67	0.98	0.92	0.05	0.71	0.69	-0.15	0.88	0.2
Common Stock Shares Outstanding	0.69	0.59	0.05	0.08	0.61	0.89	0.68	0.43	0.03	0.03	0.08	0.09	0.61	0.19	0.56		0.3	-0.27	0.7	0.61	0.27	0.85	0.88	0.28	0.27	0.2
Non Current Liabilities Total	0.67	0.7	0.88	0.91	0.66	0.38	0.34	0.68	0.86	0.9	0.91	0.92	-0.43	-0.68	0.64	0.3		-0.55	0.67	0.5	0.09	0.39	0.34	-0.23	0.58	-0.01
Other Stockholder Equity	-0.67	-0.55	-0.6	-0.59	-0.66	-0.34	-0.33	-0.71	-0.53	-0.6	-0.59	-0.59	0.07	0.11	-0.67	-0.27	-0.55		-0.67	-0.68	0.08	-0.41	-0.38	0.27	-0.69	0.11
Total Liab	1.0	0.84	0.62	0.63	0.98	0.65	0.67	0.94	0.58	0.6	0.62	0.64	0.26	-0.28	0.98	0.7	0.67	-0.67		0.94	0.11	0.79	0.78	-0.08	0.8	0.16
Property Plant And Equipment Gross	0.94	0.7	0.53	0.54	0.95	0.6	0.55	0.92	0.5	0.53	0.54	0.55	0.3	-0.2	0.92	0.61	0.5	-0.68	0.94		0.06	0.75	0.75	-0.12	0.73	0.16
Total Current Assets	0.11	0.14	-0.01	-0.03	0.08	0.33	0.19	0.03	-0.04	-0.04	-0.03	-0.01	0.24	0.0	0.05	0.27	0.09	0.08	0.11	0.06		0.23	0.25	0.6	-0.12	-0.18
Common Stock Total Equity	0.78	0.66	0.2	0.23	0.75	0.93	0.67	0.63	0.17	0.2	0.23	0.26	0.54	-0.02	0.71	0.85	0.39	-0.41	0.79	0.75	0.23		0.99	0.15	0.47	0.11
Common Stock	0.78	0.65	0.14	0.17	0.74	0.93	0.7	0.6	0.11	0.13	0.16	0.2	0.61	0.05	0.69	0.88	0.34	-0.38	0.78	0.75	0.25	0.99		0.19	0.44	0.07
Other Liab	-0.08	-0.25	-0.37	-0.41	-0.11	0.18	-0.06	-0.21	-0.52	-0.42	-0.41	-0.39	0.47	0.32	-0.15	0.28	-0.23	0.27	-0.08	-0.12	0.6	0.15	0.19		-0.44	-0.18
Long Term Debt	0.8	0.75	0.7	0.7	0.81	0.29	0.52	0.86	0.72	0.68	0.68	0.69	-0.04	-0.41	0.88	0.27	0.58	-0.69	0.8	0.73	-0.12	0.47	0.44	-0.44		0.22
Short Term Investments	0.16	0.13	0.17	0.14	0.18	0.0	0.1	0.15	0.22	0.11	0.15	0.09	-0.05	0.03	0.2	0.2	-0.01	0.11	0.16	0.16	-0.18	0.11	0.07	-0.18	0.22

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Unity Bancorp Account Relationship Matchups

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Unity Bancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Unity Bancorp's short interest history, or implied volatility extrapolated from Unity Bancorp options trading.

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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:

How To Invest In Unity

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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.

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Unity Non Current Liabilities Total vs Total Current Liabilities Analysis

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Current Liabilities

Unity Bancorp fundamental ratios Correlations

Unity Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unity Bancorp fundamental ratios Accounts

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Total Liab	+ 1.0	Total Assets
Cash	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Non Currrent Assets Other	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Cash
Non Currrent Assets Other	+ 1.0	Cash

Cash And Short Term Investments	- 0.8	Non Currrent Assets Other
Cash And Short Term Investments	- 0.79	Non Current Assets Total
Cash And Short Term Investments	- 0.79	Cash
Cash And Short Term Investments	- 0.79	Total Current Liabilities
Cash And Short Term Investments	- 0.78	Other Current Liab
Cash And Short Term Investments	- 0.77	Accounts Payable