Unity Short Term Investments vs Other Current Liab Analysis

U Stock

USD 24.13 0.81 3.47%

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 Short Term Investments and its Other Current Liab 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.

Short Term Investments vs Other Current Liab

Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Software Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Unity Software's Short Term Investments and Other Current Liab is -0.73. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Current Liab 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 Short Term Investments and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Unity Software are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Term Investments i.e., Unity Software's Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.73

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Unity Software balance sheet. It contains any investments Unity Software undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Unity Software can easily liquidate in the marketplace.

Other Current Liab

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

Unity Software Investors Sentiment

The influence of Unity Software's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Unity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Unity Software's public news can be used to forecast risks associated with an investment in Unity. The trend in average sentiment can be used to explain how an investor holding Unity can time the market purely based on public headlines and social activities around Unity Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Unity Software's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Unity Software's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Unity Software's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Unity Software.

Unity Software Implied Volatility

64.6

Unity Software's implied volatility exposes the market's sentiment of Unity Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Unity Software's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Unity Software stock will not fluctuate a lot when Unity Software's options are near their expiration.

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 Software 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 Software's short interest history, or implied volatility extrapolated from Unity Software options trading.

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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

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Is Unity Stock a good investment?

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What is Unity Software's Net Worth?

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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.

	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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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

(2.16)

Revenue Per Share

5.749

Quarterly Revenue Growth

0.351

Return On Assets

(0.06)

Return On Equity

(0.23)

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.

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Unity Short Term Investments vs Other Current Liab Analysis

Short Term Investments vs Other Current Liab

Short Term Investments vs Other Current Liab Correlation Analysis

Correlation Coefficient

Short Term Investments

Other Current Liab

Unity Software fundamental ratios Correlations

Unity Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unity Software fundamental ratios Accounts

Unity Software Investors Sentiment

Unity Software Implied Volatility

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