Unity Historical Balance Sheet
U Stock  USD 16.46 0.06 0.37% 
Trend analysis of Unity Software balance sheet accounts such as Total Assets of 4.4 B or Other Current Liab of 476.3 M provides information on Unity Software's total assets, liabilities, and equity, which is the actual value of Unity Software to its prevalent stockholders. By breaking down trends over time using Unity Software balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Unity Software latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Unity Software is a good buy for the upcoming year.
Unity Software Inventory 

Unity 
About Unity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Unity Software at a specified time, usually calculated after every quarter, six months, or one year. Unity Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unity Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Unity currently owns. An asset can also be divided into two categories, current and noncurrent.
Unity Software Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Unity Software 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 Unity Software 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.Total Current Liabilities
Total Current Liabilities is an item on Unity Software balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Unity Software are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other shortterm financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Unity Software's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Unity Software current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Unity Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.At this time, Unity Software's Non Current Liabilities Other is comparatively stable compared to the past year. Deferred Long Term Liabilities is likely to gain to about 6.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 664.3 M in 2024.
2021  2022  2023  2024 (projected)  
Other Current Liabilities  447.3M  737.5M  653.7M  476.3M 
Total Assets  4.8B  7.8B  7.2B  4.4B 
Unity Software balance sheet Correlations
Click cells to compare fundamentals
Unity Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unity Software balance sheet Accounts
2019  2020  2021  2022  2023  2024 (projected)  
Total Assets  762.9M  2.7B  4.8B  7.8B  7.2B  4.4B  
Other Current Liab  239.8M  352.7M  447.3M  737.5M  653.7M  476.3M  
Total Current Liabilities  336.5M  503.2M  625.5M  1.0B  894.1M  664.3M  
Total Stockholder Equity  393.9M  2.0B  2.4B  3.5B  3.2B  2.2B  
Other Liab  32.4M  32.3M  25.8M  254.6M  292.8M  307.5M  
Net Tangible Assets  (573.0M)  1.7B  (40.1M)  (1.6B)  (1.4B)  (1.4B)  
Property Plant And Equipment Net  79.0M  199.2M  204.5M  121.9M  254.1M  169.9M  
Current Deferred Revenue  86.0M  113.9M  140.5M  218.1M  186.8M  146.7M  
Net Debt  (130.0M)  (1.1B)  763.5M  1.2B  1.2B  1.3B  
Retained Earnings  (515.2M)  (797.5M)  (1.3B)  (2.2B)  (3.1B)  (2.9B)  
Accounts Payable  10.7M  11.3M  14.0M  20.2M  14.5M  14.7M  
Cash  130.0M  1.3B  1.1B  1.5B  1.6B  1.1B  
Non Current Assets Total  395.4M  590.6M  2.7B  5.5B  4.9B  2.6B  
Non Currrent Assets Other  36.1M  47.7M  51.2M  (212M)  84.2M  88.4M  
Other Assets  36.1M  47.7M  51.2M  103.8M  119.3M  125.3M  
Cash And Short Term Investments  130.0M  1.8B  1.7B  1.6B  1.6B  1.3B  
Net Receivables  204.9M  274.3M  340.5M  633.8M  611.7M  406.6M  
Good Will  218.3M  286.3M  1.6B  3.2B  3.2B  3.3B  
Liabilities And Stockholders Equity  762.9M  2.7B  4.8B  7.8B  7.2B  4.4B  
Non Current Liabilities Total  32.4M  130.9M  1.8B  3.1B  2.9B  1.5B  
Capital Surpluse  226.2M  2.8B  3.7B  5.8B  6.6B  7.0B  
Inventory  23.1M  32.0M  39.1M  1.0  0.9  0.86  
Other Current Assets  9.4M  22.4M  34.4M  144.1M  116.0M  62.4M  
Other Stockholder Equity  226.2M  2.8B  3.7B  5.8B  6.3B  3.5B  
Total Liab  368.9M  634.1M  2.4B  4.1B  3.8B  2.1B  
Net Invested Capital  (292.6M)  2.0B  4.1B  6.2B  5.9B  3.2B  
Property Plant And Equipment Gross  79.0M  199.2M  204.5M  245.5M  284.8M  198.1M  
Total Current Assets  367.4M  2.1B  2.2B  2.4B  2.3B  1.8B  
Accumulated Other Comprehensive Income  (3.6M)  (3.4M)  (3.9M)  (1.7M)  (5.0M)  (5.3M)  
Non Current Liabilities Other  21.8M  11.8M  9.9M  259.0M  217.2M  228.1M  
Net Working Capital  30.9M  1.6B  1.5B  1.4B  1.4B  1.1B  
Short Term Debt  0.0  25.4M  23.7M  34.5M  39.1M  26.6M  
Intangible Assets  62.0M  57.5M  814.4M  1.9B  1.4B  783.2M  
Property Plant Equipment  79.0M  199.2M  204.5M  242.4M  278.8M  174.4M 
Pair Trading with Unity Software
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Unity Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Unity Software will appreciate offsetting losses from the drop in the long position's value.Moving together with Unity Stock
Moving against Unity Stock
0.86  ML  MoneyLion Downward Rally  PairCorr 
0.76  DPSI  DecisionPoint Systems  PairCorr 
0.73  VERX  Vertex  PairCorr 
0.48  DJCO  Daily Journal Corp  PairCorr 
The ability to find closely correlated positions to Unity Software could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Unity Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Unity Software  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Unity Software to buy it.
The correlation of Unity Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Unity Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unity Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Unity Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Additional Tools for Unity Stock Analysis
When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.