United Other Current Assets vs Common Stock Shares Outstanding Analysis

UNFI Stock  USD 9.13  0.27  3.05%   
United Natural financial indicator trend analysis is much more than just breaking down United Natural Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Natural Foods is a good investment. Please check the relationship between United Natural Other Current Assets and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Natural Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Natural Foods Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between United Natural's Other Current Assets and Common Stock Shares Outstanding is 0.54. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of United Natural Foods, assuming nothing else is changed. The correlation between historical values of United Natural's Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of United Natural Foods are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., United Natural's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from United Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Natural Foods 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 Natural Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
As of now, United Natural's Enterprise Value Over EBITDA is increasing as compared to previous years. The United Natural's current Enterprise Value Multiple is estimated to increase to 12.68, while Selling General Administrative is projected to decrease to under 31.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense155M144M165.6M173.9M
Depreciation And Amortization261M304M349.6M367.1M

United Natural fundamental ratios Correlations

0.990.621.00.670.970.990.650.990.981.00.690.980.970.70.981.00.90.640.990.971.00.90.960.850.85
0.990.590.990.540.971.00.510.990.960.990.670.960.940.621.00.970.890.561.00.970.970.930.970.820.82
0.620.590.630.630.690.590.60.680.540.630.340.540.520.530.540.650.540.280.580.690.620.440.460.810.81
1.00.990.630.620.980.990.61.00.961.00.660.960.950.670.980.990.890.60.990.980.980.920.960.870.87
0.670.540.630.620.610.540.990.650.650.640.420.650.670.790.520.720.540.690.560.610.70.410.520.750.75
0.970.970.690.980.610.970.580.990.920.980.540.920.90.670.950.970.810.550.971.00.950.910.90.910.91
0.991.00.590.990.540.970.510.990.960.990.670.960.940.621.00.970.890.561.00.970.970.930.970.820.82
0.650.510.60.60.990.580.510.620.630.610.430.630.650.750.50.70.550.660.540.580.680.370.50.690.69
0.990.990.681.00.650.990.990.620.951.00.660.950.940.680.970.990.890.590.990.990.980.90.940.880.88
0.980.960.540.960.650.920.960.630.950.970.681.00.980.710.970.970.880.70.970.920.980.870.970.770.78
1.00.990.631.00.640.980.990.611.00.970.680.970.950.670.980.990.90.610.990.980.990.910.960.860.86
0.690.670.340.660.420.540.670.430.660.680.680.680.670.360.70.660.870.390.690.540.690.510.770.420.43
0.980.960.540.960.650.920.960.630.951.00.970.680.980.710.970.970.880.70.970.920.980.870.970.770.78
0.970.940.520.950.670.90.940.650.940.980.950.670.980.720.950.970.850.740.950.90.980.870.960.770.78
0.70.620.530.670.790.670.620.750.680.710.670.360.710.720.60.740.540.930.630.670.730.660.580.740.74
0.981.00.540.980.520.951.00.50.970.970.980.70.970.950.60.960.910.581.00.950.970.920.990.770.77
1.00.970.650.990.720.970.970.70.990.970.990.660.970.970.740.960.890.670.980.971.00.880.940.870.87
0.90.890.540.890.540.810.890.550.890.880.90.870.880.850.540.910.890.510.910.810.90.730.920.640.64
0.640.560.280.60.690.550.560.660.590.70.610.390.70.740.930.580.670.510.590.550.680.640.610.530.53
0.991.00.580.990.560.971.00.540.990.970.990.690.970.950.631.00.980.910.590.970.980.920.980.810.81
0.970.970.690.980.611.00.970.580.990.920.980.540.920.90.670.950.970.810.550.970.950.910.90.910.91
1.00.970.620.980.70.950.970.680.980.980.990.690.980.980.730.971.00.90.680.980.950.880.960.840.84
0.90.930.440.920.410.910.930.370.90.870.910.510.870.870.660.920.880.730.640.920.910.880.890.760.76
0.960.970.460.960.520.90.970.50.940.970.960.770.970.960.580.990.940.920.610.980.90.960.890.70.71
0.850.820.810.870.750.910.820.690.880.770.860.420.770.770.740.770.870.640.530.810.910.840.760.71.0
0.850.820.810.870.750.910.820.690.880.780.860.430.780.780.740.770.870.640.530.810.910.840.760.711.0
Click cells to compare fundamentals

United Natural Account Relationship Matchups

United Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B7.5B7.6B7.4B8.5B8.9B
Short Long Term Debt Total3.7B3.4B3.4B3.3B3.8B3.9B
Other Current Liab11.4M4M484M412M473.8M497.5M
Total Current Liabilities2.4B2.5B2.4B2.4B2.8B2.9B
Total Stockholder Equity1.1B1.5B1.8B1.7B2.0B2.1B
Property Plant And Equipment Net2.7B2.8B2.9B3.0B3.4B3.6B
Net Debt3.6B3.4B3.3B3.2B3.7B3.9B
Retained Earnings837.6M978M1.2B1.3B1.4B1.5B
Accounts Payable1.6B1.6B1.7B1.8B2.0B2.2B
Cash47.0M41M44M37M42.6M44.7M
Non Current Assets Total3.9B4.0B3.8B3.9B4.5B4.7B
Non Currrent Assets Other73.2M142M105M150M172.5M181.1M
Cash And Short Term Investments47.0M41M44M37M42.6M44.7M
Net Receivables1.1B1.1B1.2B889M1.0B1.1B
Common Stock Shares Outstanding53.8M60M61M60.7M69.8M50.1M
Liabilities And Stockholders Equity7.6B7.5B7.6B7.4B8.5B8.9B
Non Current Liabilities Total4.1B3.5B3.4B3.2B3.7B3.9B
Inventory2.3B2.2B2.4B2.3B2.6B2.8B
Other Current Assets257.0M159M184M245M281.8M295.8M
Other Stockholder Equity544.5M575M584M520M598M307.2M
Total Liab6.4B6.0B5.8B5.7B6.5B6.8B
Property Plant And Equipment Gross2.7B2.8B2.9B3.0B3.4B3.6B
Total Current Assets3.7B3.6B3.8B3.5B4.0B4.2B
Accumulated Other Comprehensive Income(237.9M)(39M)(20M)(28M)(25.2M)(26.5M)
Short Term Debt214.4M255M183M198M227.7M117.6M
Intangible Assets969.6M891M819M722M830.3M871.8M
Common Stock Total Equity510K535K553K1M1.2M1.2M
Common Stock510K535K553K1M1.2M1.2M
Other Assets208.8M432M125M189M217.4M228.2M
Long Term Debt2.4B2.2B2.1B2.0B2.2B2.4B
Good Will362.5M442.3M19.6M20M23M21.9M
Property Plant Equipment2.7B1.1B2.9B3.0B3.4B3.6B
Current Deferred Revenue510.8M584M8M14M16.1M15.3M
Other Liab538.4M704M218M178M204.7M163.8M
Net Tangible Assets155.5M1.2B952M1.0B1.2B905.1M

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When determining whether United Natural Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Natural'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 United Natural Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Natural Foods Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Natural Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the United Natural Foods information on this page should be used as a complementary analysis to other United Natural'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running United Natural's price analysis, check to measure United Natural'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 Natural is operating at the current time. Most of United Natural's value examination focuses on studying past and present price action to predict the probability of United Natural'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 Natural's price. Additionally, you may evaluate how the addition of United Natural to your portfolios can decrease your overall portfolio volatility.
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Is United Natural'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 Natural. 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 Natural 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
(0.89)
Earnings Share
(1.94)
Revenue Per Share
512.295
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0056
The market value of United Natural Foods 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is United Natural'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 Natural's market value can be influenced by many factors that don't directly affect United Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Natural'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.