United Retained Earnings vs Non Currrent Assets Other Analysis

UFCS Stock

USD 23.44 0.16 0.68%

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

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Fire Group Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between United Fire's Retained Earnings and Non Currrent Assets Other is -0.07. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of United Fire Group, assuming nothing else is changed. The correlation between historical values of United Fire's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of United Fire Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., United Fire's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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

At this time, United Fire's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 45.56 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 707.9 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	980.3M	1.1B	634.4M
Total Revenue	1.1B	980.3M	1.1B	635.1M

Gross Profit Total Revenue

United Fire fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Cash	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Short Term Investments	Other Current Assets	Common Stock	Other Current Liab	Other Liab
Total Assets		0.09	0.87	-0.85	0.67	0.7	0.84	0.7	0.88	0.67	-0.02	-0.23	-0.62	0.19	-0.04	0.43	0.41	0.63	0.53	0.61	-0.84	-0.83	-0.04	-0.84	0.27	-0.09
Short Long Term Debt Total	0.09		0.16	0.21	0.25	-0.14	0.36	-0.43	0.37	-0.18	0.74	0.5	0.37	0.65	0.73	0.26	0.04	0.5	0.49	-0.1	-0.41	-0.41	-0.21	-0.41	0.48	0.42
Total Stockholder Equity	0.87	0.16		-0.72	0.93	0.3	0.85	0.37	0.9	0.33	0.3	0.07	-0.31	0.36	0.25	0.7	0.12	0.57	0.46	0.4	-0.87	-0.88	0.03	-0.87	0.49	0.13
Net Debt	-0.85	0.21	-0.72		-0.52	-0.6	-0.69	-0.7	-0.68	-0.55	0.22	0.3	0.65	0.07	0.24	-0.34	-0.5	-0.65	-0.6	-0.72	0.66	0.64	0.08	0.66	-0.07	0.15
Retained Earnings	0.67	0.25	0.93	-0.52		0.06	0.76	0.1	0.83	0.15	0.49	0.24	-0.07	0.49	0.44	0.72	-0.09	0.45	0.33	0.2	-0.8	-0.81	-0.02	-0.8	0.55	0.35
Other Assets	0.7	-0.14	0.3	-0.6	0.06		0.4	0.84	0.41	0.93	-0.46	-0.59	-0.77	-0.11	-0.42	-0.2	0.46	0.32	0.29	0.52	-0.36	-0.35	-0.02	-0.36	-0.08	-0.3
Common Stock Shares Outstanding	0.84	0.36	0.85	-0.69	0.76	0.4		0.37	0.87	0.45	0.41	0.21	-0.24	0.57	0.4	0.48	0.31	0.8	0.71	0.53	-0.99	-0.99	-0.26	-0.99	0.4	0.26
Non Current Liabilities Total	0.7	-0.43	0.37	-0.7	0.1	0.84	0.37		0.39	0.88	-0.65	-0.61	-0.81	-0.36	-0.63	-0.09	0.58	0.18	0.14	0.7	-0.32	-0.3	-0.02	-0.32	-0.3	-0.45
Other Stockholder Equity	0.88	0.37	0.9	-0.68	0.83	0.41	0.87	0.39		0.45	0.27	0.02	-0.38	0.36	0.23	0.59	0.31	0.62	0.51	0.48	-0.89	-0.89	-0.22	-0.89	0.36	0.14
Total Liab	0.67	-0.18	0.33	-0.55	0.15	0.93	0.45	0.88	0.45		-0.44	-0.52	-0.7	-0.08	-0.4	-0.2	0.46	0.22	0.17	0.57	-0.4	-0.38	-0.11	-0.4	-0.17	-0.23
Property Plant And Equipment Net	-0.02	0.74	0.3	0.22	0.49	-0.46	0.41	-0.65	0.27	-0.44		0.82	0.68	0.89	0.99	0.35	-0.43	0.4	0.37	-0.36	-0.46	-0.48	-0.12	-0.46	0.68	0.68
Non Current Assets Total	-0.23	0.5	0.07	0.3	0.24	-0.59	0.21	-0.61	0.02	-0.52	0.82		0.87	0.75	0.85	-0.02	-0.41	0.23	0.23	-0.32	-0.23	-0.26	-0.28	-0.23	0.42	0.63
Non Currrent Assets Other	-0.62	0.37	-0.31	0.65	-0.07	-0.77	-0.24	-0.81	-0.38	-0.7	0.68	0.87		0.53	0.71	-0.18	-0.57	-0.15	-0.11	-0.58	0.22	0.19	0.0	0.22	0.33	0.5
Net Receivables	0.19	0.65	0.36	0.07	0.49	-0.11	0.57	-0.36	0.36	-0.08	0.89	0.75	0.53		0.93	0.12	-0.41	0.46	0.43	-0.27	-0.59	-0.62	-0.24	-0.59	0.67	0.68
Property Plant And Equipment Gross	-0.04	0.73	0.25	0.24	0.44	-0.42	0.4	-0.63	0.23	-0.4	0.99	0.85	0.71	0.93		0.24	-0.43	0.4	0.38	-0.35	-0.44	-0.47	-0.16	-0.44	0.66	0.7
Total Current Assets	0.43	0.26	0.7	-0.34	0.72	-0.2	0.48	-0.09	0.59	-0.2	0.35	-0.02	-0.18	0.12	0.24		0.1	0.34	0.26	0.18	-0.52	-0.52	0.18	-0.52	0.39	0.07
Intangible Assets	0.41	0.04	0.12	-0.5	-0.09	0.46	0.31	0.58	0.31	0.46	-0.43	-0.41	-0.57	-0.41	-0.43	0.1		0.45	0.46	0.91	-0.25	-0.21	-0.16	-0.25	-0.38	-0.36
Cash	0.63	0.5	0.57	-0.65	0.45	0.32	0.8	0.18	0.62	0.22	0.4	0.23	-0.15	0.46	0.4	0.34	0.45		0.99	0.53	-0.78	-0.77	-0.25	-0.78	0.39	0.24
Cash And Short Term Investments	0.53	0.49	0.46	-0.6	0.33	0.29	0.71	0.14	0.51	0.17	0.37	0.23	-0.11	0.43	0.38	0.26	0.46	0.99		0.51	-0.69	-0.68	-0.25	-0.69	0.35	0.23
Good Will	0.61	-0.1	0.4	-0.72	0.2	0.52	0.53	0.7	0.48	0.57	-0.36	-0.32	-0.58	-0.27	-0.35	0.18	0.91	0.53	0.51		-0.46	-0.42	-0.13	-0.46	-0.24	-0.25
Common Stock Total Equity	-0.84	-0.41	-0.87	0.66	-0.8	-0.36	-0.99	-0.32	-0.89	-0.4	-0.46	-0.23	0.22	-0.59	-0.44	-0.52	-0.25	-0.78	-0.69	-0.46		1.0	0.26	1.0	-0.42	-0.3
Short Term Investments	-0.83	-0.41	-0.88	0.64	-0.81	-0.35	-0.99	-0.3	-0.89	-0.38	-0.48	-0.26	0.19	-0.62	-0.47	-0.52	-0.21	-0.77	-0.68	-0.42	1.0		0.25	1.0	-0.45	-0.33
Other Current Assets	-0.04	-0.21	0.03	0.08	-0.02	-0.02	-0.26	-0.02	-0.22	-0.11	-0.12	-0.28	0.0	-0.24	-0.16	0.18	-0.16	-0.25	-0.25	-0.13	0.26	0.25		0.26	0.31	-0.37
Common Stock	-0.84	-0.41	-0.87	0.66	-0.8	-0.36	-0.99	-0.32	-0.89	-0.4	-0.46	-0.23	0.22	-0.59	-0.44	-0.52	-0.25	-0.78	-0.69	-0.46	1.0	1.0	0.26		-0.42	-0.3
Other Current Liab	0.27	0.48	0.49	-0.07	0.55	-0.08	0.4	-0.3	0.36	-0.17	0.68	0.42	0.33	0.67	0.66	0.39	-0.38	0.39	0.35	-0.24	-0.42	-0.45	0.31	-0.42		0.2
Other Liab	-0.09	0.42	0.13	0.15	0.35	-0.3	0.26	-0.45	0.14	-0.23	0.68	0.63	0.5	0.68	0.7	0.07	-0.36	0.24	0.23	-0.25	-0.3	-0.33	-0.37	-0.3	0.2

Click cells to compare fundamentals

United Fire Account Relationship Matchups

United Fire fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.0B	3.1B	3.0B	2.9B	3.1B	2.3B
Total Stockholder Equity	910.5M	825.1M	879.1M	740.1M	733.7M	531.5M
Net Debt	(104.9M)	(37.9M)	(82.1M)	(46.7M)	(52.0M)	(54.6M)
Retained Earnings	697.1M	555.9M	621.4M	620.6M	574.7M	345.6M
Other Assets	269.6M	268.6M	326.2M	2.1B	2.5B	1.7B
Common Stock Shares Outstanding	25.6M	25.0M	25.1M	25.3M	25.2M	25.9M
Liabilities And Stockholders Equity	3.0B	3.1B	3.0B	2.9B	3.1B	2.3B
Non Current Liabilities Total	20.6M	74.9M	76.8M	50M	763.2M	725.1M
Other Stockholder Equity	200.2M	202.4M	203.4M	207.0M	226.0M	118.6M
Total Liab	20.6M	74.9M	76.8M	2.1B	2.4B	1.6B
Property Plant And Equipment Net	117.0M	129.9M	137.7M	133.1M	134.2M	141.0M
Non Current Assets Total	2.2B	2.2B	2.1B	154.0M	3.0B	3.2B
Non Currrent Assets Other	(72.6M)	(66.8M)	(55.1M)	(1.7B)	1.1B	1.2B
Net Receivables	449.2M	544.0M	477.0M	568.1M	709.5M	745.0M
Property Plant And Equipment Gross	69.0M	97.2M	117.0M	129.9M	149.4M	156.8M
Total Current Assets	570.1M	632.1M	609.3M	580.1M	102.0M	96.9M
Intangible Assets	7.5M	6.7M	6.0M	5.3M	4.6M	6.7M
Cash	120.7M	87.9M	132.1M	96.7M	102.0M	132.1M
Cash And Short Term Investments	120.9M	88.1M	132.4M	96.9M	102.1M	138.0M
Other Current Assets	569.5M	518.7M	558.7M	544.1M	102.0M	96.9M
Accumulated Other Comprehensive Income	13.2M	66.9M	54.3M	(87.5M)	(67.0M)	(63.6M)
Other Current Liab	1.5B	1.5B	1.5B	1.5B	1.6B	1.2B
Other Liab	938.4M	666.4M	619.3M	981.9M	1.1B	1.2B
Property Plant Equipment	117.0M	129.9M	137.7M	159.6M	183.5M	192.7M
Total Current Liabilities	1.5B	1.6B	1.5B	1.5B	1.6B	874.6M
Net Tangible Assets	887.9M	818.4M	879.1M	734.8M	845.0M	900.0M
Accounts Payable	155.5M	126.6M	1.5B	515.3M	592.6M	332.7M
Retained Earnings Total Equity	715.5M	697.1M	555.9M	621.4M	714.6M	623.9M
Capital Surpluse	203.4M	200.2M	202.4M	203.4M	183.0M	164.8M
Long Term Investments	2.2B	2.2B	2.1B	1.7B	1.7B	2.0B
Non Current Liabilities Other	1.8B	1.9B	2.0B	2.0B	1.8B	2.0B

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 United Fire 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, United Fire's short interest history, or implied volatility extrapolated from United Fire options trading.

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

When determining whether United Fire Group is a strong investment it is important to analyze United Fire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Fire's future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

Details

Is United Stock a good investment?

Details

What is United Fire's Net Worth?

Details

Largest Insurance - Property & Casualty Companies

View

Largest Financial Services Companies

View

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

Note that the United Fire Group information on this page should be used as a complementary analysis to other United Fire's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for United Stock analysis

When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.

	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA

Is United Fire'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 United Fire. 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 Fire 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

18.418

Dividend Share

0.48

Earnings Share

(1.18)

Revenue Per Share

44.494

Quarterly Revenue Growth

0.108

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

United Retained Earnings vs Non Currrent Assets Other Analysis

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Currrent Assets Other

United Fire fundamental ratios Correlations

United Fire Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Fire fundamental ratios Accounts

Also Currently Popular

Complementary Tools for United Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 1.0	Common Stock Total Equity
Common Stock	+ 1.0	Common Stock Total Equity
Common Stock	+ 1.0	Short Term Investments
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Retained Earnings	+ 0.93	Total Stockholder Equity

Common Stock	- 0.99	Common Stock Shares Outstanding
Short Term Investments	- 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.99	Common Stock Shares Outstanding
Common Stock	- 0.89	Other Stockholder Equity
Short Term Investments	- 0.89	Other Stockholder Equity
Common Stock Total Equity	- 0.89	Other Stockholder Equity