Unum Debt To Equity from 2010 to 2024

UNM Stock  USD 53.09  0.32  0.61%   
Unum Debt To Equity yearly trend continues to be very stable with very little volatility. Debt To Equity is likely to drop to 0.25. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.35741965
Current Value
0.25
Quarterly Volatility
0.07499275
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unum main balance sheet or income statement drivers, such as Total Revenue of 8.7 B, Gross Profit of 8.2 B or Other Operating Expenses of 7.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0164 or PTB Ratio of 1.62. Unum financial statements analysis is a perfect complement when working with Unum Valuation or Volatility modules.
  
This module can also supplement Unum's financial leverage analysis and stock options assessment as well as various Unum Technical models . Check out the analysis of Unum Correlation against competitors.

Latest Unum's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Unum Group over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Unum's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.40 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Unum Debt To Equity Regression Statistics

Arithmetic Mean0.32
Geometric Mean0.31
Coefficient Of Variation23.14
Mean Deviation0.05
Median0.34
Standard Deviation0.07
Sample Variance0.01
Range0.3326
R-Value0.17
Mean Square Error0.01
R-Squared0.03
Significance0.53
Slope0
Total Sum of Squares0.08

Unum Debt To Equity History

2024 0.25
2023 0.36
2021 0.3
2020 0.31
2016 0.33
2015 0.37

About Unum Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Unum income statement, its balance sheet, and the statement of cash flows. Unum investors use historical funamental indicators, such as Unum's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Unum investors may use each financial statement separately, they are all related. The changes in Unum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Unum's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Unum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Unum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.36  0.25 

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When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum'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 Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out the analysis of Unum Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Unum Stock analysis

When running Unum's price analysis, check to measure Unum'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 Unum is operating at the current time. Most of Unum's value examination focuses on studying past and present price action to predict the probability of Unum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unum's price. Additionally, you may evaluate how the addition of Unum to your portfolios can decrease your overall portfolio volatility.
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Is Unum'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 Unum. If investors know Unum 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 Unum 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
0.133
Dividend Share
1.425
Earnings Share
6.74
Revenue Per Share
64.271
Quarterly Revenue Growth
0.054
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum'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 Unum's market value can be influenced by many factors that don't directly affect Unum'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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum'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.