Unity Cash vs Net Tangible Assets Analysis

U Stock

USD 22.69 1.00 4.61%

Unity Software financial indicator trend analysis is much more than just breaking down Unity Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Software is a good investment. Please check the relationship between Unity Software Cash and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.

Cash vs Net Tangible Assets

Cash vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Software Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Unity Software's Cash and Net Tangible Assets is -0.19. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Unity Software, assuming nothing else is changed. The correlation between historical values of Unity Software's Cash and Net Tangible Assets 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 of Unity Software are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., Unity Software's Cash and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash

Cash refers to the most liquid asset of Unity Software, which is listed under current asset account on Unity Software balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Unity Software customers. The amounts must be unrestricted with restricted cash listed in a different Unity Software account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Unity Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unity Software 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 Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.At this time, Unity Software's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.1M	7.4M	24.6M	25.8M
Depreciation And Amortization	66.1M	218.8M	563.9M	592.1M

Interest Expense Depreciation And Amortization

Unity Software fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.99	0.99	0.98	0.84	-0.46	0.8	0.99	0.82	-0.91	0.95	0.94	0.99	-0.36	0.89	0.88	0.99	0.94	0.91	0.82	0.98	0.93	-0.28	0.94	0.99	0.99
Other Current Liab	0.99		1.0	0.98	0.86	-0.46	0.78	1.0	0.8	-0.91	0.96	0.94	0.98	-0.38	0.9	0.87	0.99	0.94	0.9	0.79	0.97	0.94	-0.3	0.95	0.98	0.98
Total Current Liabilities	0.99	1.0		0.98	0.86	-0.46	0.78	1.0	0.8	-0.91	0.96	0.94	0.98	-0.38	0.9	0.87	0.99	0.94	0.9	0.79	0.97	0.94	-0.3	0.95	0.99	0.98
Total Stockholder Equity	0.98	0.98	0.98		0.8	-0.31	0.85	0.98	0.73	-0.88	0.93	0.98	0.94	-0.32	0.87	0.94	0.96	0.9	0.95	0.72	0.94	0.94	-0.18	0.89	0.99	0.95
Other Liab	0.84	0.86	0.86	0.8		-0.69	0.62	0.84	0.85	-0.96	0.81	0.77	0.86	-0.18	0.98	0.63	0.89	0.95	0.64	0.83	0.84	0.92	-0.66	0.88	0.83	0.85
Net Tangible Assets	-0.46	-0.46	-0.46	-0.31	-0.69		-0.03	-0.44	-0.82	0.58	-0.51	-0.19	-0.59	0.3	-0.59	-0.02	-0.53	-0.64	-0.08	-0.79	-0.59	-0.45	0.79	-0.63	-0.37	-0.57
Property Plant And Equipment Net	0.8	0.78	0.78	0.85	0.62	-0.03		0.78	0.53	-0.79	0.62	0.9	0.71	0.2	0.74	0.92	0.76	0.72	0.93	0.6	0.73	0.84	0.09	0.59	0.86	0.74
Current Deferred Revenue	0.99	1.0	1.0	0.98	0.84	-0.44	0.78		0.79	-0.9	0.97	0.94	0.97	-0.38	0.9	0.88	0.98	0.93	0.9	0.77	0.96	0.93	-0.26	0.93	0.98	0.97
Net Debt	0.82	0.8	0.8	0.73	0.85	-0.82	0.53	0.79		-0.87	0.81	0.63	0.87	-0.23	0.85	0.55	0.82	0.92	0.56	0.93	0.89	0.82	-0.5	0.81	0.76	0.88
Retained Earnings	-0.91	-0.91	-0.91	-0.88	-0.96	0.58	-0.79	-0.9	-0.87		-0.83	-0.86	-0.9	0.08	-0.99	-0.77	-0.92	-0.98	-0.77	-0.86	-0.9	-0.98	0.47	-0.86	-0.91	-0.9
Accounts Payable	0.95	0.96	0.96	0.93	0.81	-0.51	0.62	0.97	0.81	-0.83		0.85	0.95	-0.56	0.85	0.8	0.94	0.91	0.79	0.71	0.93	0.88	-0.3	0.92	0.91	0.94
Cash	0.94	0.94	0.94	0.98	0.77	-0.19	0.9	0.94	0.63	-0.86	0.85		0.88	-0.22	0.85	0.96	0.92	0.85	0.97	0.65	0.87	0.93	-0.15	0.84	0.98	0.89
Non Current Assets Total	0.99	0.98	0.98	0.94	0.86	-0.59	0.71	0.97	0.87	-0.9	0.95	0.88		-0.41	0.89	0.79	0.99	0.94	0.84	0.88	1.0	0.9	-0.39	0.97	0.96	1.0
Non Currrent Assets Other	-0.36	-0.38	-0.38	-0.32	-0.18	0.3	0.2	-0.38	-0.23	0.08	-0.56	-0.22	-0.41		-0.14	-0.14	-0.37	-0.23	-0.16	-0.12	-0.37	-0.13	0.27	-0.52	-0.27	-0.37
Other Assets	0.89	0.9	0.9	0.87	0.98	-0.59	0.74	0.9	0.85	-0.99	0.85	0.85	0.89	-0.14		0.74	0.92	0.98	0.74	0.82	0.87	0.97	-0.52	0.87	0.89	0.88
Cash And Short Term Investments	0.88	0.87	0.87	0.94	0.63	-0.02	0.92	0.88	0.55	-0.77	0.8	0.96	0.79	-0.14	0.74		0.82	0.77	0.97	0.53	0.79	0.87	0.09	0.7	0.92	0.81
Net Receivables	0.99	0.99	0.99	0.96	0.89	-0.53	0.76	0.98	0.82	-0.92	0.94	0.92	0.99	-0.37	0.92	0.82		0.94	0.87	0.84	0.97	0.93	-0.39	0.97	0.98	0.98
Good Will	0.94	0.94	0.94	0.9	0.95	-0.64	0.72	0.93	0.92	-0.98	0.91	0.85	0.94	-0.23	0.98	0.77	0.94		0.76	0.87	0.94	0.97	-0.47	0.9	0.92	0.94
Common Stock Total Equity	0.91	0.9	0.9	0.95	0.64	-0.08	0.93	0.9	0.56	-0.77	0.79	0.97	0.84	-0.16	0.74	0.97	0.87	0.76		0.62	0.84	0.85	0.03	0.76	0.95	0.86
Common Stock Shares Outstanding	0.82	0.79	0.79	0.72	0.83	-0.79	0.6	0.77	0.93	-0.86	0.71	0.65	0.88	-0.12	0.82	0.53	0.84	0.87	0.62		0.9	0.78	-0.53	0.83	0.79	0.88
Non Current Liabilities Total	0.98	0.97	0.97	0.94	0.84	-0.59	0.73	0.96	0.89	-0.9	0.93	0.87	1.0	-0.37	0.87	0.79	0.97	0.94	0.84	0.9		0.9	-0.36	0.95	0.96	1.0
Capital Surpluse	0.93	0.94	0.94	0.94	0.92	-0.45	0.84	0.93	0.82	-0.98	0.88	0.93	0.9	-0.13	0.97	0.87	0.93	0.97	0.85	0.78	0.9		-0.34	0.85	0.95	0.91
Inventory	-0.28	-0.3	-0.3	-0.18	-0.66	0.79	0.09	-0.26	-0.5	0.47	-0.3	-0.15	-0.39	0.27	-0.52	0.09	-0.39	-0.47	0.03	-0.53	-0.36	-0.34		-0.55	-0.23	-0.35
Other Current Assets	0.94	0.95	0.95	0.89	0.88	-0.63	0.59	0.93	0.81	-0.86	0.92	0.84	0.97	-0.52	0.87	0.7	0.97	0.9	0.76	0.83	0.95	0.85	-0.55		0.91	0.95
Other Stockholder Equity	0.99	0.98	0.99	0.99	0.83	-0.37	0.86	0.98	0.76	-0.91	0.91	0.98	0.96	-0.27	0.89	0.92	0.98	0.92	0.95	0.79	0.96	0.95	-0.23	0.91		0.97
Total Liab	0.99	0.98	0.98	0.95	0.85	-0.57	0.74	0.97	0.88	-0.9	0.94	0.89	1.0	-0.37	0.88	0.81	0.98	0.94	0.86	0.88	1.0	0.91	-0.35	0.95	0.97

Click cells to compare fundamentals

Unity Software Account Relationship Matchups

Unity Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	762.9M	2.7B	4.8B	7.8B	7.2B	4.4B
Other Current Liab	239.8M	352.7M	447.3M	737.5M	653.7M	476.3M
Total Current Liabilities	336.5M	503.2M	625.5M	1.0B	894.1M	664.3M
Total Stockholder Equity	393.9M	2.0B	2.4B	3.5B	3.2B	2.2B
Other Liab	32.4M	32.3M	25.8M	254.6M	292.8M	307.5M
Net Tangible Assets	(573.0M)	1.7B	(40.1M)	(1.6B)	(1.4B)	(1.4B)
Property Plant And Equipment Net	79.0M	199.2M	204.5M	121.9M	254.1M	169.9M
Current Deferred Revenue	86.0M	113.9M	140.5M	218.1M	186.8M	146.7M
Net Debt	(130.0M)	(1.1B)	763.5M	1.2B	1.2B	1.3B
Retained Earnings	(515.2M)	(797.5M)	(1.3B)	(2.2B)	(3.1B)	(2.9B)
Accounts Payable	10.7M	11.3M	14.0M	20.2M	14.5M	14.7M
Cash	130.0M	1.3B	1.1B	1.5B	1.6B	1.1B
Non Current Assets Total	395.4M	590.6M	2.7B	5.5B	4.9B	2.6B
Non Currrent Assets Other	36.1M	47.7M	51.2M	(212M)	84.2M	88.4M
Other Assets	36.1M	47.7M	51.2M	103.8M	119.3M	125.3M
Cash And Short Term Investments	130.0M	1.8B	1.7B	1.6B	1.6B	1.3B
Net Receivables	204.9M	274.3M	340.5M	633.8M	611.7M	406.6M
Good Will	218.3M	286.3M	1.6B	3.2B	3.2B	3.3B
Liabilities And Stockholders Equity	762.9M	2.7B	4.8B	7.8B	7.2B	4.4B
Non Current Liabilities Total	32.4M	130.9M	1.8B	3.1B	2.9B	1.5B
Capital Surpluse	226.2M	2.8B	3.7B	5.8B	6.6B	7.0B
Inventory	23.1M	32.0M	39.1M	1.0	0.9	0.86
Other Current Assets	9.4M	22.4M	34.4M	144.1M	116.0M	62.4M
Other Stockholder Equity	226.2M	2.8B	3.7B	5.8B	6.3B	3.5B
Total Liab	368.9M	634.1M	2.4B	4.1B	3.8B	2.1B
Net Invested Capital	(292.6M)	2.0B	4.1B	6.2B	5.9B	3.2B
Property Plant And Equipment Gross	79.0M	199.2M	204.5M	245.5M	284.8M	198.1M
Total Current Assets	367.4M	2.1B	2.2B	2.4B	2.3B	1.8B
Accumulated Other Comprehensive Income	(3.6M)	(3.4M)	(3.9M)	(1.7M)	(5.0M)	(5.3M)
Non Current Liabilities Other	21.8M	11.8M	9.9M	259.0M	217.2M	228.1M
Net Working Capital	30.9M	1.6B	1.5B	1.4B	1.4B	1.1B
Short Term Debt	0.0	25.4M	23.7M	34.5M	39.1M	26.6M
Intangible Assets	62.0M	57.5M	814.4M	1.9B	1.4B	783.2M
Property Plant Equipment	79.0M	199.2M	204.5M	242.4M	278.8M	174.4M

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.

S	SentinelOne
CRM	Salesforce
F	Ford Motor

When determining whether Unity Software is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Unity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Unity Software Stock. Highlighted below are key reports to facilitate an investment decision about Unity Software Stock:

How To Invest In Unity

Details

Is Unity Stock a good investment?

Details

What is Unity Software's Net Worth?

Details

Largest Application Software Companies

View

Largest Software - Application Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unity Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Unity Stock analysis

When running Unity Software's price analysis, check to measure Unity Software'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 Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software'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 Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.

	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Commodity Directory Find actively traded commodities issued by global exchanges

Is Unity Software'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 Software. 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 Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.24)

Revenue Per Share

5.603

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.07)

Return On Equity

(0.24)

The market value of Unity Software 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 Software's value that differs from its market value or its book value, called intrinsic value, which is Unity Software'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 Software's market value can be influenced by many factors that don't directly affect Unity Software'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 Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Software'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Unity Cash vs Net Tangible Assets Analysis

Cash vs Net Tangible Assets

Cash vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Cash

Net Tangible Assets

Unity Software fundamental ratios Correlations

Unity Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unity Software fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Unity Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Assets Total
Total Liab	+ 1.0	Non Current Liabilities Total

Other Assets	- 0.99	Retained Earnings
Capital Surpluse	- 0.98	Retained Earnings
Good Will	- 0.98	Retained Earnings
Retained Earnings	- 0.96	Other Liab
Net Receivables	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.91	Retained Earnings