United Pb Ratio vs Income Quality Analysis

UPS Stock  USD 128.60  3.53  2.67%   
United Parcel financial indicator trend analysis is much more than just breaking down United Parcel Service prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parcel Service is a good investment. Please check the relationship between United Parcel Pb Ratio and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Parcel Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Pb Ratio vs Income Quality

Pb Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Parcel Service Pb Ratio account and Income Quality. At this time, the significance of the direction appears to have very week relationship.
The correlation between United Parcel's Pb Ratio and Income Quality is 0.23. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Income Quality in the same time period over historical financial statements of United Parcel Service, assuming nothing else is changed. The correlation between historical values of United Parcel's Pb Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of United Parcel Service are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Pb Ratio i.e., United Parcel's Pb Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Pb Ratio

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from United Parcel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parcel Service 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 Parcel Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, United Parcel's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 276.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 36.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.8B13.1B17.2B18.3B
Total Revenue97.3B100.3B91.0B60.3B

United Parcel fundamental ratios Correlations

0.910.430.970.460.980.760.720.970.60.990.440.740.96-0.70.230.870.750.150.520.920.950.61-0.550.10.63
0.910.170.950.140.880.780.430.890.50.910.370.590.94-0.730.060.950.510.470.560.970.860.72-0.570.340.68
0.430.170.340.850.470.60.770.36-0.10.480.330.140.32-0.420.860.070.78-0.270.180.160.280.38-0.1-0.81-0.04
0.970.950.340.310.940.780.580.960.520.970.410.650.96-0.740.180.910.610.320.560.960.90.72-0.520.20.68
0.460.140.850.310.510.430.910.440.220.470.260.40.35-0.250.630.010.86-0.390.290.110.410.16-0.01-0.65-0.21
0.980.880.470.940.510.770.760.970.530.990.380.670.92-0.630.240.820.80.10.560.880.90.56-0.420.050.55
0.760.780.60.780.430.770.520.720.20.790.280.340.77-0.860.540.710.70.240.50.750.660.79-0.5-0.10.47
0.720.430.770.580.910.760.520.680.330.730.360.550.6-0.320.540.30.93-0.240.330.40.630.27-0.15-0.490.03
0.970.890.360.960.440.970.720.680.60.960.390.690.95-0.630.10.840.710.190.630.890.920.55-0.40.180.54
0.60.5-0.10.520.220.530.20.330.60.50.220.950.56-0.3-0.330.580.31-0.050.330.570.790.16-0.380.470.48
0.990.910.480.970.470.990.790.730.960.50.460.660.94-0.70.280.860.760.180.530.910.90.63-0.510.040.6
0.440.370.330.410.260.380.280.360.390.220.460.30.4-0.40.170.380.310.350.110.40.370.37-0.37-0.180.24
0.740.590.140.650.40.670.340.550.690.950.660.30.68-0.42-0.050.640.49-0.120.280.650.890.27-0.50.270.54
0.960.940.320.960.350.920.770.60.950.560.940.40.68-0.770.170.880.630.330.550.930.930.65-0.60.220.61
-0.7-0.73-0.42-0.74-0.25-0.63-0.86-0.32-0.63-0.3-0.7-0.4-0.42-0.77-0.46-0.74-0.44-0.39-0.36-0.76-0.66-0.810.77-0.07-0.66
0.230.060.860.180.630.240.540.540.1-0.330.280.17-0.050.17-0.46-0.030.55-0.2-0.10.040.090.42-0.25-0.77-0.02
0.870.950.070.910.010.820.710.30.840.580.860.380.640.88-0.74-0.030.410.370.430.990.860.63-0.690.450.85
0.750.510.780.610.860.80.70.930.710.310.760.310.490.63-0.440.550.41-0.220.430.490.650.35-0.22-0.420.12
0.150.47-0.270.32-0.390.10.24-0.240.19-0.050.180.35-0.120.33-0.39-0.20.37-0.220.380.360.080.54-0.210.370.18
0.520.560.180.560.290.560.50.330.630.330.530.110.280.55-0.36-0.10.430.430.380.480.460.470.090.180.1
0.920.970.160.960.110.880.750.40.890.570.910.40.650.93-0.760.040.990.490.360.480.890.68-0.640.380.81
0.950.860.280.90.410.90.660.630.920.790.90.370.890.93-0.660.090.860.650.080.460.890.51-0.610.250.66
0.610.720.380.720.160.560.790.270.550.160.630.370.270.65-0.810.420.630.350.540.470.680.51-0.40.00.51
-0.55-0.57-0.1-0.52-0.01-0.42-0.5-0.15-0.4-0.38-0.51-0.37-0.5-0.60.77-0.25-0.69-0.22-0.210.09-0.64-0.61-0.4-0.23-0.73
0.10.34-0.810.2-0.650.05-0.1-0.490.180.470.04-0.180.270.22-0.07-0.770.45-0.420.370.180.380.250.0-0.230.46
0.630.68-0.040.68-0.210.550.470.030.540.480.60.240.540.61-0.66-0.020.850.120.180.10.810.660.51-0.730.46
Click cells to compare fundamentals

United Parcel Account Relationship Matchups

United Parcel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets57.9B62.5B69.4B71.1B70.9B43.6B
Short Long Term Debt Total25.8B27.8B25.5B23.5B26.7B13.9B
Total Current Liabilities15.4B17.0B17.6B18.1B17.7B10.3B
Total Stockholder Equity3.3B741M14.3B19.8B17.3B18.2B
Property Plant And Equipment Net30.5B35.3B37.0B38.5B41.3B22.6B
Net Debt16.6B21.8B15.3B17.9B23.5B24.7B
Retained Earnings9.1B7.0B16.2B21.3B21.1B12.5B
Accounts Payable5.6B6.5B7.5B7.5B6.3B3.5B
Cash5.2B5.9B10.3B5.6B3.2B3.6B
Non Current Assets Total40.8B42.2B44.5B48.9B51.4B29.2B
Non Currrent Assets Other3.9B672M1.1B3.3B1.5B1.7B
Cash And Short Term Investments5.7B6.3B10.6B7.6B6.1B4.8B
Net Receivables9.9B10.8B12.5B12.6B11.2B7.9B
Common Stock Shares Outstanding870M869M871M878M860M799.8M
Short Term Investments503M406M338M2.0B2.9B3.0B
Liabilities And Stockholders Equity57.9B62.5B69.4B71.1B70.9B43.6B
Non Current Liabilities Total39.2B44.7B37.6B33.2B35.9B23.4B
Inventory511M620M717M889M935M750.3M
Other Current Assets11.4B2.0B1.8B2.0B2.1B2.3B
Other Stockholder Equity166M865M1.3B(4M)(9M)(9.5M)
Total Liab54.6B61.7B55.1B51.3B53.5B33.7B
Total Current Assets17.1B20.3B24.9B22.2B19.4B14.4B
Accumulated Other Comprehensive Income(6.0B)(7.1B)(3.3B)(1.5B)(3.7B)(3.9B)
Short Term Debt4.0B3.2B2.7B3.0B4.1B4.3B
Current Deferred Revenue4.3B5.6B5.9B139M20M19M
Other Liab14.9B20.2B14.8B12.6B14.5B10.5B
Other Assets1.4B3.9B1.2B3.4B3.1B2.0B
Long Term Debt21.8B22.0B19.8B17.3B18.9B12.1B
Property Plant And Equipment Gross33.3B32.3B37.0B38.5B75.8B79.6B
Property Plant Equipment30.5B32.3B37.0B38.5B44.2B22.3B
Good Will3.8B3.4B3.7B4.2B4.9B3.0B
Treasury Stock(26M)(20M)(16M)(13M)(15.0M)(15.7M)
Intangible Assets2.2B2.3B2.5B2.8B3.3B3.5B
Net Tangible Assets(322M)(170M)8.1B18.8B21.6B22.7B
Retained Earnings Total Equity9.1B6.9B16.2B21.3B24.5B25.8B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for United Stock Analysis

When running United Parcel's price analysis, check to measure United Parcel'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 Parcel is operating at the current time. Most of United Parcel's value examination focuses on studying past and present price action to predict the probability of United Parcel'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 Parcel's price. Additionally, you may evaluate how the addition of United Parcel to your portfolios can decrease your overall portfolio volatility.