UGI Non Current Assets Total vs Accounts Payable Analysis

UGIC Stock  USD 57.78  1.38  2.33%   
UGI Corp financial indicator trend analysis is much more than just breaking down UGI Corp Unit prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UGI Corp Unit is a good investment. Please check the relationship between UGI Corp Non Current Assets Total and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UGI Corp Unit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UGI Corp Unit Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between UGI Corp's Non Current Assets Total and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of UGI Corp Unit, assuming nothing else is changed. The correlation between historical values of UGI Corp's Non Current Assets Total and Accounts Payable 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 Assets Total of UGI Corp Unit are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., UGI Corp's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents UGI Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of UGI Corp Unit are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from UGI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UGI Corp Unit 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 UGI Corp Unit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
As of June 1, 2024, Selling General Administrative is expected to decline to about 2 B. The current year's Tax Provision is expected to grow to about (286.4 M)
 2021 2022 2023 2024 (projected)
Gross Profit4.1B2.0B2.3B2.1B
Total Revenue10.1B8.9B10.3B10.8B

UGI Corp fundamental ratios Correlations

0.840.770.960.810.790.780.750.750.850.410.830.70.410.80.820.740.62-0.650.820.760.590.980.760.90.73
0.840.970.830.990.970.970.960.930.790.350.990.910.350.950.990.670.72-0.680.990.720.810.760.590.880.72
0.770.970.770.970.930.991.00.890.670.210.980.930.210.880.990.560.74-0.670.990.590.880.710.490.810.73
0.960.830.770.810.830.760.750.820.90.40.810.760.40.790.810.750.73-0.550.810.840.590.940.660.890.77
0.810.990.970.810.940.970.960.90.750.30.980.880.30.930.980.660.7-0.680.980.680.870.740.60.830.69
0.790.970.930.830.940.920.910.990.850.390.940.940.390.940.950.710.82-0.540.950.810.730.70.450.870.76
0.780.970.990.760.970.920.990.880.670.190.990.910.190.890.990.570.71-0.730.990.580.880.70.550.780.7
0.750.961.00.750.960.910.990.870.640.140.970.930.140.870.980.540.73-0.680.980.550.890.690.480.770.72
0.750.930.890.820.90.990.880.870.850.390.90.930.390.90.910.70.84-0.470.910.830.680.670.380.850.77
0.850.790.670.90.750.850.670.640.850.530.720.720.530.850.730.90.76-0.370.730.980.430.80.540.820.71
0.410.350.210.40.30.390.190.140.390.530.310.181.00.290.290.290.20.080.30.560.090.360.230.620.33
0.830.990.980.810.980.940.990.970.90.720.310.90.310.911.00.60.69-0.711.00.640.850.760.590.860.72
0.70.910.930.760.880.940.910.930.930.720.180.90.180.860.930.60.82-0.550.920.680.710.60.360.740.71
0.410.350.210.40.30.390.190.140.390.531.00.310.180.290.290.290.20.080.30.560.090.360.230.620.33
0.80.950.880.790.930.940.890.870.90.850.290.910.860.290.910.830.69-0.660.920.810.670.710.60.790.61
0.820.990.990.810.980.950.990.980.910.730.291.00.930.290.910.60.73-0.691.00.650.840.740.550.850.73
0.740.670.560.750.660.710.570.540.70.90.290.60.60.290.830.60.62-0.440.610.90.330.690.570.610.48
0.620.720.740.730.70.820.710.730.840.760.20.690.820.20.690.730.62-0.270.730.720.620.590.130.620.89
-0.65-0.68-0.67-0.55-0.68-0.54-0.73-0.68-0.47-0.370.08-0.71-0.550.08-0.66-0.69-0.44-0.27-0.69-0.28-0.55-0.58-0.74-0.46-0.29
0.820.990.990.810.980.950.990.980.910.730.31.00.920.30.921.00.610.73-0.690.660.850.740.560.850.73
0.760.720.590.840.680.810.580.550.830.980.560.640.680.560.810.650.90.72-0.280.660.350.710.460.770.63
0.590.810.880.590.870.730.880.890.680.430.090.850.710.090.670.840.330.62-0.550.850.350.590.380.630.67
0.980.760.710.940.740.70.70.690.670.80.360.760.60.360.710.740.690.59-0.580.740.710.590.730.860.72
0.760.590.490.660.60.450.550.480.380.540.230.590.360.230.60.550.570.13-0.740.560.460.380.730.570.23
0.90.880.810.890.830.870.780.770.850.820.620.860.740.620.790.850.610.62-0.460.850.770.630.860.570.77
0.730.720.730.770.690.760.70.720.770.710.330.720.710.330.610.730.480.89-0.290.730.630.670.720.230.77
Click cells to compare fundamentals

UGI Corp Account Relationship Matchups

UGI Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding209.9M212.1M215.8M209.8M241.3M163.7M
Total Assets14.0B16.7B17.6B15.4B17.7B18.6B
Short Long Term Debt Total6.4B6.8B7B7.2B8.3B8.8B
Other Current Liab676M775M811M723M831.5M450.8M
Total Current Liabilities1.8B2.3B2.4B2.3B2.6B2.7B
Total Stockholder Equity4.1B5.5B6.1B4.4B5.0B5.3B
Property Plant And Equipment Net7.0B7.6B8.0B8.5B9.8B10.3B
Net Debt6.0B6.0B6.6B7.0B8.1B8.5B
Retained Earnings2.9B4.1B4.8B3.0B3.5B3.7B
Accounts Payable475M837M891M613M705.0M391.2M
Cash336M855M405M241M277.2M303.7M
Non Current Assets Total12.4B13.5B13.8B13.4B15.4B16.1B
Non Currrent Assets Other1.3B1.5B1.6B1.3B1.5B1.6B
Cash And Short Term Investments336M855M405M241M277.2M303.7M
Net Receivables746M1.0B1.3B947M1.1B1.1B
Liabilities And Stockholders Equity14.0B16.7B17.6B15.4B17.7B18.6B
Non Current Liabilities Total8.1B8.9B9.1B8.7B10.0B10.5B
Inventory241M469M665M433M498.0M288.1M
Other Current Assets59M101M120M114M102.6M54.2M
Other Stockholder Equity(49M)(26M)(40M)(55M)(63.3M)(60.1M)
Total Liab9.8B11.2B11.5B11.0B12.7B13.3B
Total Current Assets1.5B3.3B3.8B2.0B2.4B1.3B
Short Term Debt400M477M517M706M811.9M852.5M
Common Stock1.4B1.4B1.5B1.5B1.7B967.5M
Accumulated Other Comprehensive Income(147M)(140M)(380M)(256M)(230.4M)(218.9M)
Current Deferred Revenue204M208M225M232M266.8M210.2M
Good Will3.5B3.8B3.6B3.0B3.5B3.1B
Intangible Assets677M583M500M443M509.5M552.5M
Other Liab1.8B2.2B2.3B1.9B2.1B2.2B
Net Tangible Assets(67M)717M1.6B749M861.4M904.4M
Other Assets872M1.2B1.3B919M1.1B919.9M
Long Term Debt6.0B6.3B6.5B6.5B7.5B6.2B
Deferred Long Term Liab395M373M301M302M271.8M275.7M
Net Invested Capital10.5B12.1B12.9B11.5B13.2B11.5B
Short Long Term Debt400M477M517M706M811.9M614.2M
Non Current Liabilities Other1.4B1.4B1.2B1.2B1.4B1.3B
Net Working Capital(212M)973M1.4B(229M)(263.4M)(250.2M)
Property Plant Equipment7.4B7.9B8.4B9.0B10.3B8.0B
Capital Stock1.4B1.6B1.6B1.7B1.9B1.6B

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.
When determining whether UGI Corp Unit offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UGI Corp'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 Ugi Corp Unit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ugi Corp Unit Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UGI Corp Unit. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for UGI Stock analysis

When running UGI Corp's price analysis, check to measure UGI Corp'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 UGI Corp is operating at the current time. Most of UGI Corp's value examination focuses on studying past and present price action to predict the probability of UGI Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UGI Corp's price. Additionally, you may evaluate how the addition of UGI Corp to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
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
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Global Correlations
Find global opportunities by holding instruments from different markets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Is UGI Corp'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 UGI Corp. If investors know UGI 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 UGI Corp 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
3.51
Dividend Share
1.5
Earnings Share
7.029
Revenue Per Share
36.477
Quarterly Revenue Growth
(0.21)
The market value of UGI Corp Unit is measured differently than its book value, which is the value of UGI that is recorded on the company's balance sheet. Investors also form their own opinion of UGI Corp's value that differs from its market value or its book value, called intrinsic value, which is UGI Corp'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 UGI Corp's market value can be influenced by many factors that don't directly affect UGI Corp'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 UGI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if UGI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UGI Corp'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.