Unifirst Current Ratio vs Gross Profit Analysis

UNF Stock

USD 156.16 1.13 0.72%

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

For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

Current Ratio vs Gross Profit

Current Ratio vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unifirst Current Ratio account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Unifirst's Current Ratio and Gross Profit is 0.73. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst's Current Ratio and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Unifirst are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Current Ratio i.e., Unifirst's Current Ratio and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Unifirst minus its cost of goods sold. It is profit before Unifirst operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.At this time, Unifirst's Selling General Administrative is most likely to increase significantly in the upcoming years. The Unifirst's current Tax Provision is estimated to increase to about 38.8 M, while Sales General And Administrative To Revenue is projected to decrease to 0.17.

	2021	2023	2024 (projected)
Interest Expense	2.9M	3.3M	5.2M
Depreciation And Amortization	108.8M	139.4M	146.4M

Interest Expense Depreciation And Amortization

Unifirst 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.37	0.95	0.9	1.0	0.98	0.1	1.0	-0.04	0.98	0.88	0.25	0.98	-0.77	0.95	0.97	0.9	0.96	0.98	0.82	0.92	-0.03	0.97	0.86	-0.76	-0.88
Short Long Term Debt Total	0.37		0.26	0.53	0.32	0.41	0.32	0.31	-0.14	0.43	0.28	-0.24	0.42	-0.49	0.49	0.44	0.25	0.22	0.54	0.44	0.21	0.57	0.44	0.46	-0.32	-0.46
Other Current Liab	0.95	0.26		0.91	0.95	0.96	0.13	0.95	-0.08	0.93	0.76	0.22	0.94	-0.72	0.85	0.94	0.79	0.9	0.93	0.78	0.87	-0.03	0.93	0.79	-0.7	-0.83
Total Current Liabilities	0.9	0.53	0.91		0.89	0.92	0.19	0.88	-0.09	0.9	0.71	0.11	0.9	-0.73	0.79	0.91	0.72	0.81	0.93	0.78	0.78	0.36	0.91	0.79	-0.66	-0.81
Total Stockholder Equity	1.0	0.32	0.95	0.89		0.98	0.07	1.0	-0.02	0.97	0.87	0.27	0.97	-0.75	0.94	0.96	0.9	0.97	0.97	0.8	0.93	-0.06	0.96	0.85	-0.75	-0.86
Property Plant And Equipment Net	0.98	0.41	0.96	0.92	0.98		0.11	0.98	-0.04	0.99	0.84	0.11	0.99	-0.81	0.93	0.99	0.87	0.94	0.98	0.88	0.85	0.01	0.97	0.89	-0.74	-0.89
Net Debt	0.1	0.32	0.13	0.19	0.07	0.11		0.06	-0.98	0.18	0.3	-0.29	0.08	-0.42	0.22	0.13	0.17	0.01	0.22	0.31	-0.07	0.24	0.1	0.36	-0.44	-0.31
Retained Earnings	1.0	0.31	0.95	0.88	1.0	0.98	0.06		-0.02	0.97	0.88	0.28	0.97	-0.75	0.94	0.96	0.9	0.97	0.96	0.8	0.93	-0.06	0.96	0.85	-0.76	-0.86
Cash	-0.04	-0.14	-0.08	-0.09	-0.02	-0.04	-0.98	-0.02		-0.11	-0.27	0.24	0.0	0.35	-0.14	-0.05	-0.14	0.01	-0.13	-0.24	0.1	-0.1	-0.02	-0.3	0.42	0.24
Non Current Assets Total	0.98	0.43	0.93	0.9	0.97	0.99	0.18	0.97	-0.11		0.88	0.04	0.99	-0.85	0.94	0.99	0.89	0.95	0.98	0.92	0.81	0.01	0.97	0.94	-0.77	-0.92
Non Currrent Assets Other	0.88	0.28	0.76	0.71	0.87	0.84	0.3	0.88	-0.27	0.88		0.13	0.85	-0.83	0.9	0.86	0.94	0.88	0.86	0.79	0.77	-0.1	0.84	0.89	-0.8	-0.87
Cash And Short Term Investments	0.25	-0.24	0.22	0.11	0.27	0.11	-0.29	0.28	0.24	0.04	0.13		0.07	0.24	0.14	0.06	0.17	0.23	0.13	-0.33	0.6	-0.13	0.1	-0.21	-0.15	0.09
Net Receivables	0.98	0.42	0.94	0.9	0.97	0.99	0.08	0.97	0.0	0.99	0.85	0.07		-0.81	0.93	0.99	0.87	0.95	0.97	0.88	0.83	-0.01	0.99	0.91	-0.72	-0.91
Common Stock Shares Outstanding	-0.77	-0.49	-0.72	-0.73	-0.75	-0.81	-0.42	-0.75	0.35	-0.85	-0.83	0.24	-0.81		-0.81	-0.83	-0.73	-0.75	-0.82	-0.89	-0.53	-0.04	-0.8	-0.91	0.79	0.97
Non Current Liabilities Total	0.95	0.49	0.85	0.79	0.94	0.93	0.22	0.94	-0.14	0.94	0.9	0.14	0.93	-0.81		0.94	0.9	0.9	0.96	0.82	0.83	-0.12	0.92	0.89	-0.77	-0.88
Inventory	0.97	0.44	0.94	0.91	0.96	0.99	0.13	0.96	-0.05	0.99	0.86	0.06	0.99	-0.83	0.94		0.87	0.92	0.98	0.88	0.83	0.01	0.98	0.9	-0.71	-0.91
Other Current Assets	0.9	0.25	0.79	0.72	0.9	0.87	0.17	0.9	-0.14	0.89	0.94	0.17	0.87	-0.73	0.9	0.87		0.9	0.87	0.79	0.8	-0.1	0.85	0.85	-0.71	-0.8
Other Stockholder Equity	0.96	0.22	0.9	0.81	0.97	0.94	0.01	0.97	0.01	0.95	0.88	0.23	0.95	-0.75	0.9	0.92	0.9		0.91	0.81	0.88	-0.15	0.93	0.87	-0.74	-0.86
Total Liab	0.98	0.54	0.93	0.93	0.97	0.98	0.22	0.96	-0.13	0.98	0.86	0.13	0.97	-0.82	0.96	0.98	0.87	0.91		0.85	0.86	0.1	0.97	0.89	-0.76	-0.9
Property Plant And Equipment Gross	0.82	0.44	0.78	0.78	0.8	0.88	0.31	0.8	-0.24	0.92	0.79	-0.33	0.88	-0.89	0.82	0.88	0.79	0.81	0.85		0.52	0.03	0.85	0.96	-0.66	-0.89
Total Current Assets	0.92	0.21	0.87	0.78	0.93	0.85	-0.07	0.93	0.1	0.81	0.77	0.6	0.83	-0.53	0.83	0.83	0.8	0.88	0.86	0.52		-0.08	0.84	0.62	-0.65	-0.68
Short Term Debt	-0.03	0.57	-0.03	0.36	-0.06	0.01	0.24	-0.06	-0.1	0.01	-0.1	-0.13	-0.01	-0.04	-0.12	0.01	-0.1	-0.15	0.1	0.03	-0.08		0.01	0.0	0.01	0.0
Accounts Payable	0.97	0.44	0.93	0.91	0.96	0.97	0.1	0.96	-0.02	0.97	0.84	0.1	0.99	-0.8	0.92	0.98	0.85	0.93	0.97	0.85	0.84	0.01		0.89	-0.69	-0.9
Intangible Assets	0.86	0.46	0.79	0.79	0.85	0.89	0.36	0.85	-0.3	0.94	0.89	-0.21	0.91	-0.91	0.89	0.9	0.85	0.87	0.89	0.96	0.62	0.0	0.89		-0.76	-0.93
Common Stock Total Equity	-0.76	-0.32	-0.7	-0.66	-0.75	-0.74	-0.44	-0.76	0.42	-0.77	-0.8	-0.15	-0.72	0.79	-0.77	-0.71	-0.71	-0.74	-0.76	-0.66	-0.65	0.01	-0.69	-0.76		0.84
Common Stock	-0.88	-0.46	-0.83	-0.81	-0.86	-0.89	-0.31	-0.86	0.24	-0.92	-0.87	0.09	-0.91	0.97	-0.88	-0.91	-0.8	-0.86	-0.9	-0.89	-0.68	0.0	-0.9	-0.93	0.84

Click cells to compare fundamentals

Unifirst Account Relationship Matchups

Unifirst fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.2B	2.4B	2.4B	2.6B	3.0B	3.1B
Other Current Liab	133.5M	160.3M	148.0M	156.8M	180.3M	189.3M
Total Current Liabilities	210.1M	254.7M	243.7M	267.2M	307.3M	322.7M
Total Stockholder Equity	1.7B	1.9B	1.9B	2.0B	2.3B	2.4B
Property Plant And Equipment Net	625.2M	659.8M	715.2M	819.1M	942.0M	989.1M
Net Debt	83.7M	86.3M	(324.7M)	(14.7M)	(13.2M)	(12.6M)
Retained Earnings	1.7B	1.8B	1.8B	1.9B	2.2B	2.3B
Cash	(41.8M)	(43.2M)	376.4M	79.4M	91.4M	82.5M
Non Current Assets Total	1.2B	1.3B	1.4B	1.7B	2.0B	2.1B
Non Currrent Assets Other	93.6M	102.7M	106.2M	116.7M	134.2M	140.9M
Cash And Short Term Investments	474.8M	512.9M	376.4M	89.6M	103.0M	113.0M
Net Receivables	190.9M	208.3M	249.2M	279.1M	320.9M	337.0M
Common Stock Shares Outstanding	19.0M	19.0M	18.9M	18.8M	16.9M	15.9M
Liabilities And Stockholders Equity	2.2B	2.4B	2.4B	2.6B	3.0B	3.1B
Non Current Liabilities Total	247.8M	253.4M	268.4M	298.8M	343.6M	360.8M
Inventory	260.5M	325.1M	370.9M	396.7M	456.2M	479.0M
Other Current Assets	35.9M	40.9M	41.9M	53.9M	62.0M	44.9M
Other Stockholder Equity	86.6M	89.3M	93.1M	99.3M	114.2M	119.9M
Total Liab	457.9M	508.1M	512.1M	566.0M	650.9M	683.5M
Property Plant And Equipment Gross	582.5M	659.8M	715.2M	1.8B	2.1B	2.2B
Total Current Assets	969.3M	1.1B	1.1B	840.1M	966.1M	1.0B
Accumulated Other Comprehensive Income	(32.0M)	(24.8M)	(24.3M)	(23.8M)	(27.3M)	(28.7M)
Short Term Debt	12.6M	13.0M	13.6M	17.7M	20.4M	10.2M
Accounts Payable	64.0M	81.4M	82.1M	92.7M	106.6M	112.0M
Intangible Assets	85.5M	84.6M	85.0M	145.6M	167.5M	175.8M
Common Stock Total Equity	1.9M	1.5M	1.9M	1.9M	1.7M	1.6M
Common Stock	1.9M	1.9M	1.9M	1.9M	1.7M	1.6M
Good Will	424.8M	429.5M	457.3M	647.9M	745.1M	782.3M
Other Assets	94.1M	103.3M	106.7M	117.2M	134.8M	141.6M
Property Plant Equipment	582.5M	659.8M	715.2M	819.1M	942.0M	490.0M
Other Liab	218.5M	223.3M	230.3M	251.8M	289.5M	177.6M
Net Tangible Assets	1.3B	1.4B	1.4B	1.2B	1.4B	1.1B
Retained Earnings Total Equity	1.6B	1.7B	1.8B	1.8B	2.1B	1.5B
Capital Surpluse	86.6M	89.3M	93.1M	99.3M	114.2M	80.4M

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.

BAC	Bank of America
DD	Dupont De Nemours
F	Ford Motor

When determining whether Unifirst is a strong investment it is important to analyze Unifirst'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 Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:

How To Invest In Unifirst

Details

Is Unifirst Stock a good investment?

Details

What is Unifirst's Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

View

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

For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Unifirst Stock analysis

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

	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Global Correlations Find global opportunities by holding instruments from different markets
	Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.

Is Unifirst'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 Unifirst. If investors know Unifirst 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 Unifirst 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

0.147

Dividend Share

1.28

Earnings Share

6.12

Revenue Per Share

124.742

Quarterly Revenue Growth

0.088

The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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

Unifirst Current Ratio vs Gross Profit Analysis

Current Ratio vs Gross Profit

Current Ratio vs Gross Profit Correlation Analysis

Correlation Coefficient

Current Ratio

Gross Profit

Unifirst fundamental ratios Correlations

Unifirst Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unifirst fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Unifirst Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Property Plant And Equipment Net

Cash	- 0.98	Net Debt
Common Stock	- 0.93	Intangible Assets
Common Stock	- 0.92	Non Current Assets Total
Common Stock	- 0.91	Inventory
Intangible Assets	- 0.91	Common Stock Shares Outstanding
Common Stock	- 0.91	Net Receivables