Unifirst Receivables Turnover vs Total Assets Analysis

UNF Stock

USD 155.91 0.25 0.16%

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 Receivables Turnover and its Total Assets 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.

Receivables Turnover vs Total Assets

Receivables Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unifirst Receivables Turnover account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Unifirst's Receivables Turnover and Total Assets is -0.1. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst's Receivables Turnover and Total 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 Receivables Turnover of Unifirst are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Receivables Turnover i.e., Unifirst's Receivables Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Receivables Turnover

Total Assets

Total assets refers to the total amount of Unifirst assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Unifirst books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

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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

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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

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Is Unifirst Stock a good investment?

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What is Unifirst'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 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 Stocks Directory module to find actively traded stocks across global markets.

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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.

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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.

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Unifirst Receivables Turnover vs Total Assets Analysis

Receivables Turnover vs Total Assets

Receivables Turnover vs Total Assets Correlation Analysis

Correlation Coefficient

Receivables Turnover

Total Assets

Unifirst fundamental ratios Correlations

Unifirst Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Unifirst fundamental ratios Accounts

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COMMON DESTINATIONS

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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