United Common Stock vs Short Term Debt Analysis

PRKS Stock

52.40 0.78 1.47%

United Parks financial indicator trend analysis is much more than just breaking down United Parks Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Parks Resorts is a good investment. Please check the relationship between United Parks Common Stock and its Short Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Parks Resorts Common Stock account and Short Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between United Parks' Common Stock and Short Term Debt is -0.6. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of United Parks Resorts, assuming nothing else is changed. The correlation between historical values of United Parks' Common Stock and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of United Parks Resorts are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock i.e., United Parks' Common Stock and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

Short Term Debt

Most indicators from United Parks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Parks Resorts 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

At this time, United Parks' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 99 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.6B	1.6B	1.8B	1.2B
Total Revenue	1.7B	1.7B	2.0B	1.5B

Gross Profit Total Revenue

United Parks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.89	-0.72	0.32	-0.63	0.74	0.82	0.81	0.64	0.63	0.77	0.77	0.89	0.77	0.66	-0.67	-0.84	0.9	0.58	-0.8	-0.68	0.91	0.83	-0.79	-0.76	0.89
Short Long Term Debt Total	0.89		-0.94	0.09	-0.89	0.49	0.95	0.93	0.55	0.57	0.84	0.52	0.86	0.84	0.63	-0.56	-0.83	0.99	0.67	-0.96	-0.79	0.98	0.88	-0.97	-0.7	0.75
Other Current Liab	-0.72	-0.94		0.14	0.89	-0.23	-0.87	-0.84	-0.39	-0.36	-0.83	-0.27	-0.64	-0.83	-0.48	0.53	0.69	-0.9	-0.52	0.95	0.7	-0.88	-0.85	0.94	0.68	-0.57
Total Current Liabilities	0.32	0.09	0.14		-0.11	0.8	0.28	0.36	0.77	0.84	-0.33	0.78	0.44	-0.33	0.64	-0.44	-0.54	0.17	0.63	0.15	-0.49	0.25	-0.21	0.01	-0.38	0.63
Total Stockholder Equity	-0.63	-0.89	0.89	-0.11		-0.32	-0.94	-0.93	-0.58	-0.61	-0.6	-0.34	-0.77	-0.6	-0.63	0.4	0.78	-0.9	-0.8	0.86	0.89	-0.9	-0.65	0.93	0.55	-0.56
Property Plant And Equipment Net	0.74	0.49	-0.23	0.8	-0.32		0.5	0.63	0.8	0.8	0.15	1.0	0.73	0.15	0.58	-0.68	-0.8	0.55	0.69	-0.26	-0.6	0.6	0.24	-0.32	-0.66	0.91
Current Deferred Revenue	0.82	0.95	-0.87	0.28	-0.94	0.5		0.95	0.68	0.74	0.68	0.53	0.88	0.68	0.81	-0.51	-0.86	0.96	0.8	-0.89	-0.9	0.97	0.76	-0.95	-0.65	0.74
Net Debt	0.81	0.93	-0.84	0.36	-0.93	0.63	0.95		0.73	0.77	0.57	0.65	0.87	0.57	0.71	-0.6	-0.92	0.95	0.88	-0.82	-0.92	0.96	0.64	-0.88	-0.71	0.82
Retained Earnings	0.64	0.55	-0.39	0.77	-0.58	0.8	0.68	0.73		0.91	0.15	0.8	0.77	0.15	0.79	-0.71	-0.91	0.62	0.84	-0.38	-0.88	0.67	0.25	-0.5	-0.72	0.79
Accounts Payable	0.63	0.57	-0.36	0.84	-0.61	0.8	0.74	0.77	0.91		0.12	0.8	0.82	0.12	0.89	-0.5	-0.84	0.64	0.91	-0.38	-0.86	0.7	0.24	-0.52	-0.54	0.79
Cash	0.77	0.84	-0.83	-0.33	-0.6	0.15	0.68	0.57	0.15	0.12		0.19	0.6	1.0	0.36	-0.34	-0.47	0.79	0.17	-0.92	-0.39	0.75	0.99	-0.84	-0.48	0.44
Non Current Assets Total	0.77	0.52	-0.27	0.78	-0.34	1.0	0.53	0.65	0.8	0.8	0.19		0.74	0.19	0.59	-0.7	-0.81	0.58	0.69	-0.3	-0.61	0.63	0.28	-0.36	-0.69	0.93
Non Currrent Assets Other	0.89	0.86	-0.64	0.44	-0.77	0.73	0.88	0.87	0.77	0.82	0.6	0.74		0.6	0.79	-0.47	-0.9	0.91	0.82	-0.76	-0.87	0.93	0.68	-0.82	-0.57	0.8
Cash And Short Term Investments	0.77	0.84	-0.83	-0.33	-0.6	0.15	0.68	0.57	0.15	0.12	1.0	0.19	0.6		0.36	-0.34	-0.47	0.79	0.17	-0.92	-0.39	0.75	0.99	-0.84	-0.48	0.44
Net Receivables	0.66	0.63	-0.48	0.64	-0.63	0.58	0.81	0.71	0.79	0.89	0.36	0.59	0.79	0.36		-0.42	-0.73	0.68	0.74	-0.53	-0.8	0.72	0.47	-0.65	-0.49	0.68
Good Will	-0.67	-0.56	0.53	-0.44	0.4	-0.68	-0.51	-0.6	-0.71	-0.5	-0.34	-0.7	-0.47	-0.34	-0.42		0.76	-0.55	-0.44	0.42	0.57	-0.57	-0.39	0.42	0.98	-0.82
Common Stock Shares Outstanding	-0.84	-0.83	0.69	-0.54	0.78	-0.8	-0.86	-0.92	-0.91	-0.84	-0.47	-0.81	-0.9	-0.47	-0.73	0.76		-0.87	-0.86	0.69	0.93	-0.9	-0.56	0.76	0.83	-0.89
Non Current Liabilities Total	0.9	0.99	-0.9	0.17	-0.9	0.55	0.96	0.95	0.62	0.64	0.79	0.58	0.91	0.79	0.68	-0.55	-0.87		0.73	-0.94	-0.84	1.0	0.85	-0.97	-0.69	0.77
Inventory	0.58	0.67	-0.52	0.63	-0.8	0.69	0.8	0.88	0.84	0.91	0.17	0.69	0.82	0.17	0.74	-0.44	-0.86	0.73		-0.5	-0.93	0.77	0.27	-0.64	-0.51	0.72
Other Current Assets	-0.8	-0.96	0.95	0.15	0.86	-0.26	-0.89	-0.82	-0.38	-0.38	-0.92	-0.3	-0.76	-0.92	-0.53	0.42	0.69	-0.94	-0.5		0.69	-0.91	-0.94	0.98	0.58	-0.56
Other Stockholder Equity	-0.68	-0.79	0.7	-0.49	0.89	-0.6	-0.9	-0.92	-0.88	-0.86	-0.39	-0.61	-0.87	-0.39	-0.8	0.57	0.93	-0.84	-0.93	0.69		-0.86	-0.49	0.8	0.66	-0.72
Total Liab	0.91	0.98	-0.88	0.25	-0.9	0.6	0.97	0.96	0.67	0.7	0.75	0.63	0.93	0.75	0.72	-0.57	-0.9	1.0	0.77	-0.91	-0.86		0.81	-0.95	-0.7	0.81
Total Current Assets	0.83	0.88	-0.85	-0.21	-0.65	0.24	0.76	0.64	0.25	0.24	0.99	0.28	0.68	0.99	0.47	-0.39	-0.56	0.85	0.27	-0.94	-0.49	0.81		-0.88	-0.53	0.52
Short Term Debt	-0.79	-0.97	0.94	0.01	0.93	-0.32	-0.95	-0.88	-0.5	-0.52	-0.84	-0.36	-0.82	-0.84	-0.65	0.42	0.76	-0.97	-0.64	0.98	0.8	-0.95	-0.88		0.58	-0.6
Intangible Assets	-0.76	-0.7	0.68	-0.38	0.55	-0.66	-0.65	-0.71	-0.72	-0.54	-0.48	-0.69	-0.57	-0.48	-0.49	0.98	0.83	-0.69	-0.51	0.58	0.66	-0.7	-0.53	0.58		-0.85
Common Stock	0.89	0.75	-0.57	0.63	-0.56	0.91	0.74	0.82	0.79	0.79	0.44	0.93	0.8	0.44	0.68	-0.82	-0.89	0.77	0.72	-0.56	-0.72	0.81	0.52	-0.6	-0.85

Click cells to compare fundamentals

United Parks Account Relationship Matchups

United Parks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.6B	2.3B	2.6B	3.0B	2.7B
Short Long Term Debt Total	2.3B	2.2B	2.2B	2.2B	2.6B	2.4B
Other Current Liab	61.7M	68.0M	64.3M	79.3M	71.4M	59.2M
Total Current Liabilities	317.1M	372.0M	409.2M	410.9M	472.6M	420.6M
Total Stockholder Equity	(105.8M)	(33.9M)	(437.7M)	(208.2M)	(187.4M)	(178.0M)
Property Plant And Equipment Net	1.8B	1.8B	1.8B	2.0B	2.3B	2.0B
Current Deferred Revenue	130.8M	154.8M	169.5M	155.6M	179.0M	157.3M
Net Debt	1.9B	1.8B	2.2B	2.0B	2.3B	2.1B
Retained Earnings	(371.8M)	(115.3M)	175.9M	410.1M	471.6M	495.2M
Accounts Payable	105.4M	134.3M	159.9M	160.6M	184.7M	152.2M
Cash	433.9M	443.7M	79.2M	246.9M	284.0M	273.8M
Non Current Assets Total	2.1B	2.0B	2.1B	2.2B	2.6B	2.3B
Non Currrent Assets Other	15.3M	18.3M	19.3M	33.5M	38.5M	21.1M
Cash And Short Term Investments	433.9M	443.7M	79.2M	246.9M	284.0M	273.8M
Net Receivables	30.4M	76.9M	71.1M	73.8M	84.9M	66.4M
Common Stock Shares Outstanding	78.2M	79.6M	70.3M	64.5M	58.0M	59.8M
Liabilities And Stockholders Equity	2.6B	2.6B	2.3B	2.6B	3.0B	2.7B
Non Current Liabilities Total	2.4B	2.3B	2.4B	2.4B	2.8B	2.4B
Inventory	30.7M	29.5M	55.2M	49.2M	56.6M	43.5M
Other Current Assets	8.5M	11.1M	20.4M	16.7M	15.0M	16.3M
Other Stockholder Equity	265.1M	80.4M	(614.5M)	(619.3M)	(557.4M)	(529.5M)
Total Liab	2.7B	2.6B	2.8B	2.8B	3.3B	2.9B
Total Current Assets	507.4M	567.4M	233.7M	390.2M	448.7M	410.9M
Short Term Debt	19.3M	14.9M	15.4M	15.4M	13.8M	21.6M
Common Stock	946K	955K	963K	967K	1.1M	1.0M

Pair Trading with United Parks

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 United Parks 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 United Parks will appreciate offsetting losses from the drop in the long position's value.

Moving against United Stock

0.6	ESCA	Escalade Incorporated	Pair Corr
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0.46	WINR	Simplicity Esports and	Pair Corr
0.44	DTC	Solo Brands	Pair Corr

The ability to find closely correlated positions to United Parks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Parks 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 United Parks - 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 United Parks Resorts to buy it.

The correlation of United Parks 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 United Parks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Parks Resorts 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 United Parks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether United Parks Resorts is a strong investment it is important to analyze United Parks' 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 United Parks' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:

How To Invest In United

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Is United Stock a good investment?

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What is United Parks' Net Worth?

Details

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in United Parks Resorts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for United Stock analysis

When running United Parks' price analysis, check to measure United Parks' 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 Parks is operating at the current time. Most of United Parks' value examination focuses on studying past and present price action to predict the probability of United Parks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parks' price. Additionally, you may evaluate how the addition of United Parks to your portfolios can decrease your overall portfolio volatility.

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Is United Parks' 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 Parks. 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 Parks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Revenue Per Share

27.057

Quarterly Revenue Growth

0.014

The market value of United Parks Resorts 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 Parks' value that differs from its market value or its book value, called intrinsic value, which is United Parks' 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 Parks' market value can be influenced by many factors that don't directly affect United Parks' 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 Parks' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Parks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Parks' 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.

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United Common Stock vs Short Term Debt Analysis

Common Stock vs Short Term Debt

Common Stock vs Short Term Debt Correlation Analysis

Correlation Coefficient

Common Stock

Short Term Debt

United Parks fundamental ratios Correlations

United Parks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

United Parks fundamental ratios Accounts

Pair Trading with United Parks

Moving against United Stock

Complementary Tools for United Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments

Short Term Debt	- 0.97	Non Current Liabilities Total
Short Term Debt	- 0.97	Short Long Term Debt Total
Other Current Assets	- 0.96	Short Long Term Debt Total
Short Term Debt	- 0.95	Total Liab
Short Term Debt	- 0.95	Current Deferred Revenue
Total Current Assets	- 0.94	Other Current Assets