UNITIL Non Current Liabilities Total vs Return On Assets Analysis

UTL Stock  USD 49.94  0.55  1.09%   
UNITIL financial indicator trend analysis is much more than just breaking down UNITIL prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UNITIL is a good investment. Please check the relationship between UNITIL Non Current Liabilities Total and its Return On Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UNITIL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.

Non Current Liabilities Total vs Return On Assets

Non Current Liabilities Total vs Return On Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UNITIL Non Current Liabilities Total account and Return On Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UNITIL's Non Current Liabilities Total and Return On Assets is -0.36. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Return On Assets in the same time period over historical financial statements of UNITIL, assuming nothing else is changed. The correlation between historical values of UNITIL's Non Current Liabilities Total and Return On 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 Non Current Liabilities Total of UNITIL are associated (or correlated) with its Return On Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Return On Assets has no effect on the direction of Non Current Liabilities Total i.e., UNITIL's Non Current Liabilities Total and Return On Assets go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Return On Assets

A profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets.
Most indicators from UNITIL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UNITIL 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 UNITIL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.Enterprise Value is expected to rise to about 716.3 M this year, although the value of Selling General Administrative will most likely fall to about 3.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit161.8M169M183M110.9M
Total Revenue473.3M563.2M557.1M287.3M

UNITIL fundamental ratios Correlations

0.890.590.880.480.60.59-0.240.590.30.760.450.87-0.120.450.740.640.880.260.270.110.890.460.930.320.73
0.890.790.880.610.80.81-0.490.790.640.810.151.0-0.330.150.760.760.980.310.37-0.011.00.720.870.490.82
0.590.790.710.90.970.98-0.491.00.90.610.050.79-0.230.050.880.960.780.370.29-0.010.790.940.660.840.94
0.880.880.710.70.70.7-0.360.70.520.880.370.86-0.40.370.810.70.820.370.58-0.210.880.650.940.550.76
0.480.610.90.70.880.86-0.350.890.810.610.190.6-0.320.190.880.90.540.370.41-0.170.610.890.630.960.85
0.60.80.970.70.880.99-0.410.970.920.690.090.8-0.320.090.890.970.780.290.34-0.080.80.970.660.790.95
0.590.810.980.70.860.99-0.50.980.920.660.010.82-0.330.010.860.940.80.230.32-0.050.810.960.630.790.93
-0.24-0.49-0.49-0.36-0.35-0.41-0.5-0.5-0.47-0.190.45-0.510.230.45-0.24-0.28-0.530.03-0.13-0.11-0.52-0.43-0.21-0.43-0.3
0.590.791.00.70.890.970.98-0.50.90.610.040.79-0.230.040.880.950.780.370.28-0.010.790.940.650.840.93
0.30.640.90.520.810.920.92-0.470.90.53-0.210.66-0.42-0.210.680.820.620.280.35-0.190.630.970.40.780.77
0.760.810.610.880.610.690.66-0.190.610.530.420.79-0.570.420.80.650.740.320.68-0.40.790.660.880.40.72
0.450.150.050.370.190.090.010.450.04-0.210.420.10.031.00.450.250.10.270.28-0.160.14-0.020.550.030.32
0.871.00.790.860.60.80.82-0.510.790.660.790.1-0.330.10.740.750.990.280.350.01.00.730.840.490.81
-0.12-0.33-0.23-0.4-0.32-0.32-0.330.23-0.23-0.42-0.570.03-0.330.03-0.24-0.18-0.25-0.04-0.810.78-0.3-0.38-0.25-0.23-0.19
0.450.150.050.370.190.090.010.450.04-0.210.421.00.10.030.450.250.10.270.28-0.160.14-0.020.550.030.32
0.740.760.880.810.880.890.86-0.240.880.680.80.450.74-0.240.450.930.720.40.4-0.110.760.820.850.740.95
0.640.760.960.70.90.970.94-0.280.950.820.650.250.75-0.180.250.930.730.370.250.020.760.920.70.810.98
0.880.980.780.820.540.780.8-0.530.780.620.740.10.99-0.250.10.720.730.250.280.070.990.680.820.420.8
0.260.310.370.370.370.290.230.030.370.280.320.270.28-0.040.270.40.370.250.18-0.150.30.290.470.340.37
0.270.370.290.580.410.340.32-0.130.280.350.680.280.35-0.810.280.40.250.280.18-0.910.350.390.450.270.3
0.11-0.01-0.01-0.21-0.17-0.08-0.05-0.11-0.01-0.19-0.4-0.160.00.78-0.16-0.110.020.07-0.15-0.910.02-0.17-0.1-0.060.0
0.891.00.790.880.610.80.81-0.520.790.630.790.141.0-0.30.140.760.760.990.30.350.020.710.870.50.82
0.460.720.940.650.890.970.96-0.430.940.970.66-0.020.73-0.38-0.020.820.920.680.290.39-0.170.710.560.820.88
0.930.870.660.940.630.660.63-0.210.650.40.880.550.84-0.250.550.850.70.820.470.45-0.10.870.560.460.78
0.320.490.840.550.960.790.79-0.430.840.780.40.030.49-0.230.030.740.810.420.340.27-0.060.50.820.460.73
0.730.820.940.760.850.950.93-0.30.930.770.720.320.81-0.190.320.950.980.80.370.30.00.820.880.780.73
Click cells to compare fundamentals

UNITIL Account Relationship Matchups

UNITIL fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding14.9M15.0M15.4M16.0M16.1M8.4M
Total Assets1.4B1.5B1.5B1.6B1.7B858.3M
Short Long Term Debt Total515.6M586.3M570.1M611.8M681.6M715.7M
Other Current Liab43.5M39.4M48.3M68.8M58.3M30.3M
Total Current Liabilities159.8M136.1M173.5M260.1M277.3M291.2M
Total Stockholder Equity376.8M389.2M448.5M467.6M489.3M513.8M
Property Plant And Equipment Net1.1B1.2B1.3B1.3B1.4B1.5B
Net Debt510.4M580.3M563.6M602.8M675.1M708.9M
Retained Earnings94.1M103.7M116.2M132.5M151.5M159.1M
Accounts Payable37.6M33.2M52.4M68.6M47.7M30.9M
Cash7.8M5.2M6M6.5M9M6.7M
Non Current Assets Total1.2B1.3B1.4B1.4B1.5B756.5M
Non Currrent Assets Other20.8M140.2M118.7M(103.8M)66.8M103.4M
Cash And Short Term Investments7.8M5.2M6M6.5M9M6.7M
Net Receivables111.2M117.8M135.5M164.6M147.8M155.2M
Common Stock Total Equity282.5M285.3M332.1M334.9M385.1M404.4M
Liabilities And Stockholders Equity1.4B1.5B1.5B1.6B1.7B858.3M
Non Current Liabilities Total834.2M952.6M918.3M862.7M903.8M512.1M
Inventory8.7M9.1M9.6M13.2M14.5M8.2M
Other Current Assets5.8M6.4M8.1M110.2M8.3M7.9M
Other Stockholder Equity282.5M285.3M332.1M(467.6M)337.6M199.2M
Total Liab994M1.1B1.1B1.1B1.2B633.5M
Property Plant And Equipment Gross1.1B1.2B1.7B1.8B1.9B2.0B
Total Current Assets130.9M139.3M159.7M194.8M177.1M101.8M
Accumulated Other Comprehensive Income(282.5M)(285.3M)(332.1M)(337.6M)(303.8M)(288.6M)
Short Term Debt78.1M63.2M72.3M122.7M168.8M177.2M
Common Stock282.5M285.3M332.1M334.9M337.6M354.5M
Other Liab393.6M429.5M420.5M370.7M426.3M242.8M
Other Assets118.6M1.3B118.7M53.8M61.9M58.8M
Long Term Debt437.5M523.1M497.8M489.1M509.1M310.3M
Property Plant Equipment1.1B1.2B1.3B56.9M65.4M62.2M
Net Tangible Assets814.1M912.1M448.3M956.5M1.1B721.7M
Retained Earnings Total Equity94.1M103.7M116.2M132.5M152.4M160.0M
Long Term Debt Total437.5M523.1M497.8M489.2M562.6M410.3M
Deferred Long Term Liab103.6M109M108.9M163.4M187.9M96.3M
Non Current Liabilities Other293.1M320.5M292.8M122.7M130.9M227.4M
Short Long Term Debt78.1M63.2M72.3M122.7M166.9M87.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards UNITIL in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, UNITIL's short interest history, or implied volatility extrapolated from UNITIL options trading.

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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 UNITIL is a strong investment it is important to analyze UNITIL'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 UNITIL's future performance. For an informed investment choice regarding UNITIL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UNITIL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running UNITIL's price analysis, check to measure UNITIL'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 UNITIL is operating at the current time. Most of UNITIL's value examination focuses on studying past and present price action to predict the probability of UNITIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNITIL's price. Additionally, you may evaluate how the addition of UNITIL to your portfolios can decrease your overall portfolio volatility.
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Is UNITIL'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 UNITIL. If investors know UNITIL 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 UNITIL 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
0.055
Dividend Share
1.62
Earnings Share
2.82
Revenue Per Share
34.721
Quarterly Revenue Growth
(0.20)
The market value of UNITIL is measured differently than its book value, which is the value of UNITIL that is recorded on the company's balance sheet. Investors also form their own opinion of UNITIL's value that differs from its market value or its book value, called intrinsic value, which is UNITIL'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 UNITIL's market value can be influenced by many factors that don't directly affect UNITIL'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 UNITIL's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITIL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITIL'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.