United Non Current Liabilities Total vs Common Stock Analysis

URI Stock  USD 690.80  0.12  0.02%   
United Rentals financial indicator trend analysis is much more than just breaking down United Rentals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Rentals is a good investment. Please check the relationship between United Rentals Non Current Liabilities Total and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Rentals Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between United Rentals' Non Current Liabilities Total and Common Stock is 0.65. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of United Rentals, assuming nothing else is changed. The correlation between historical values of United Rentals' Non Current Liabilities Total and Common Stock 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 Liabilities Total of United Rentals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., United Rentals' Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Common Stock

Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Rentals 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 Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.As of now, United Rentals' Selling General Administrative is increasing as compared to previous years. The United Rentals' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to under 411.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense424M445M635M508.0M
Depreciation And Amortization2.0B2.2B2.8B2.9B

United Rentals fundamental ratios Correlations

0.780.960.950.990.770.930.910.491.00.490.99-0.450.790.80.22-0.840.980.920.98-0.06-0.10.650.650.880.23
0.780.640.60.721.00.580.610.230.780.230.72-0.130.990.70.3-0.510.840.530.70.09-0.090.650.660.630.49
0.960.640.950.970.640.930.880.540.950.540.97-0.490.640.710.07-0.850.920.970.96-0.11-0.010.710.70.840.13
0.950.60.950.970.60.990.950.490.950.490.96-0.610.620.840.23-0.910.880.950.96-0.19-0.110.520.510.870.11
0.990.720.970.970.720.960.930.490.990.491.0-0.520.740.820.23-0.890.960.940.98-0.15-0.120.640.630.910.18
0.771.00.640.60.720.580.610.20.780.20.72-0.130.990.70.31-0.510.840.520.70.09-0.090.640.650.620.49
0.930.580.930.990.960.580.920.470.930.470.95-0.70.60.830.25-0.970.850.940.94-0.28-0.230.490.480.910.14
0.910.610.880.950.930.610.920.330.910.330.93-0.550.650.890.34-0.840.840.860.93-0.27-0.010.50.50.80.03
0.490.230.540.490.490.20.470.330.481.00.49-0.080.240.15-0.21-0.390.470.60.570.01-0.120.540.530.54-0.05
1.00.780.950.950.990.780.930.910.480.480.99-0.440.80.80.22-0.840.980.910.98-0.05-0.110.650.640.890.24
0.490.230.540.490.490.20.470.331.00.480.49-0.080.240.15-0.21-0.390.470.60.570.01-0.120.540.530.54-0.05
0.990.720.970.961.00.720.950.930.490.990.49-0.520.730.80.18-0.880.960.950.98-0.13-0.130.640.640.90.19
-0.45-0.13-0.49-0.61-0.52-0.13-0.7-0.55-0.08-0.44-0.08-0.52-0.13-0.57-0.340.82-0.32-0.54-0.450.640.46-0.03-0.03-0.62-0.21
0.790.990.640.620.740.990.60.650.240.80.240.73-0.130.740.35-0.530.850.530.720.05-0.080.640.650.650.44
0.80.70.710.840.820.70.830.890.150.80.150.8-0.570.740.47-0.80.730.690.79-0.29-0.10.370.370.730.11
0.220.30.070.230.230.310.250.34-0.210.22-0.210.18-0.340.350.47-0.290.210.020.24-0.50.050.060.070.180.15
-0.84-0.51-0.85-0.91-0.89-0.51-0.97-0.84-0.39-0.84-0.39-0.880.82-0.53-0.8-0.29-0.76-0.88-0.840.420.37-0.42-0.41-0.91-0.18
0.980.840.920.880.960.840.850.840.470.980.470.96-0.320.850.730.21-0.760.850.950.02-0.080.710.710.850.29
0.920.530.970.950.940.520.940.860.60.910.60.95-0.540.530.690.02-0.880.850.94-0.14-0.090.630.620.86-0.02
0.980.70.960.960.980.70.940.930.570.980.570.98-0.450.720.790.24-0.840.950.94-0.12-0.010.680.680.860.11
-0.060.09-0.11-0.19-0.150.09-0.28-0.270.01-0.050.01-0.130.640.05-0.29-0.50.420.02-0.14-0.120.17-0.15-0.16-0.250.03
-0.1-0.09-0.01-0.11-0.12-0.09-0.23-0.01-0.12-0.11-0.12-0.130.46-0.08-0.10.050.37-0.08-0.09-0.010.170.270.27-0.47-0.45
0.650.650.710.520.640.640.490.50.540.650.540.64-0.030.640.370.06-0.420.710.630.68-0.150.271.00.510.06
0.650.660.70.510.630.650.480.50.530.640.530.64-0.030.650.370.07-0.410.710.620.68-0.160.271.00.50.06
0.880.630.840.870.910.620.910.80.540.890.540.9-0.620.650.730.18-0.910.850.860.86-0.25-0.470.510.50.26
0.230.490.130.110.180.490.140.03-0.050.24-0.050.19-0.210.440.110.15-0.180.29-0.020.110.03-0.450.060.060.26
Click cells to compare fundamentals

United Rentals Account Relationship Matchups

United Rentals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.0B17.9B20.3B24.2B25.6B26.9B
Short Long Term Debt Total12.0B10.2B10.3B12.0B12.7B6.6B
Total Current Liabilities2.2B1.9B2.6B2.4B3.6B3.8B
Total Stockholder Equity3.8B4.5B6.0B7.1B8.1B8.5B
Property Plant And Equipment Net11.1B10.0B12.0B14.9B16.0B16.8B
Net Debt11.9B10.0B10.2B11.9B12.3B6.4B
Retained Earnings5.3B6.2B7.6B9.7B11.7B12.3B
Accounts Payable454M466M816M1.1B905M950.3M
Cash43M52M202M144M363M381.2M
Non Current Assets Total17.1B15.9B18.1B21.5B22.7B23.8B
Cash And Short Term Investments43M52M202M144M363M381.2M
Net Receivables1.5B1.3B1.7B2.0B2.2B2.3B
Common Stock Shares Outstanding77.7M72.9M72.8M71.0M68.7M68.2M
Liabilities And Stockholders Equity19.0B17.9B20.3B24.2B25.6B26.9B
Non Current Liabilities Total12.9B11.4B11.7B14.7B13.8B7.5B
Inventory120M125M164M232M205M112.3M
Other Current Assets140M375M166M381M62M58.9M
Other Stockholder Equity(1.3B)(1.5B)(1.4B)(2.3B)(3.3B)(3.1B)
Total Liab15.1B13.3B14.3B17.1B17.5B18.3B
Property Plant And Equipment Gross11.1B10.0B12.0B14.9B24.8B26.0B
Total Current Assets1.8B2.0B2.2B2.7B2.9B3.1B
Accumulated Other Comprehensive Income(186M)(146M)(171M)(264M)(228M)(216.6M)
Intangible Assets895M648M615M452M670M806.4M
Non Currrent Assets Other19M38M42M47M43M40.9M
Other Liab2.0B1.9B2.3B2.8B3.2B3.4B
Other Assets9.8B8.7B10.6B47M54.1M51.3M
Long Term Debt10.4B9.0B8.8B11.1B10.1B6.4B
Good Will5.2B5.2B5.5B6.0B5.9B3.0B
Property Plant Equipment604M1.3B1.4B14.9B17.2B18.0B
Other Current Liab692M669M798M1.0B880M924M
Current Deferred Revenue55M51M83M131M138M144.9M
Short Term Debt997M704M906M161M1.7B1.8B
Retained Earnings Total Equity5.3B6.2B7.6B9.7B11.1B11.7B
Deferred Long Term Liab1.9B1.8B2.2B2.7B3.1B1.7B
Treasury Stock(2.1B)(2.9B)(3.7B)(4.0B)(3.6B)(3.4B)
Net Tangible Assets(2.2B)4.5B6.0B7.1B8.1B8.5B
Long Term Debt Total10.4B9.0B8.8B11.2B12.9B9.9B

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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 United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' 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 Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running United Rentals' price analysis, check to measure United Rentals' 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 Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
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Is United Rentals' 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 Rentals. 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 Rentals 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
0.098
Dividend Share
5.92
Earnings Share
35.25
Revenue Per Share
209.318
Quarterly Revenue Growth
0.131
The market value of United Rentals 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 Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.