Unity Accounts Payable vs Capital Surpluse Analysis

U Stock  USD 22.69  1.00  4.61%   
Unity Software financial indicator trend analysis is much more than just breaking down Unity Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unity Software is a good investment. Please check the relationship between Unity Software Accounts Payable and its Capital Surpluse accounts. 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 tightly coupled 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.

Accounts Payable vs Capital Surpluse

Accounts Payable vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unity Software Accounts Payable account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Unity Software's Accounts Payable and Capital Surpluse is 0.88. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Unity Software, assuming nothing else is changed. The correlation between historical values of Unity Software's Accounts Payable and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Unity Software are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accounts Payable i.e., Unity Software's Accounts Payable and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Unity Software obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Unity Software are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Capital Surpluse

Most indicators from Unity Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Unity Software. Also, note that the market value of any company could be tightly coupled 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 Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 295.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M7.4M24.6M25.8M
Depreciation And Amortization66.1M218.8M563.9M592.1M

Unity Software fundamental ratios Correlations

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0.991.00.980.86-0.460.781.00.8-0.910.960.940.98-0.380.90.870.990.940.90.790.970.94-0.30.950.980.98
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0.980.980.980.8-0.310.850.980.73-0.880.930.980.94-0.320.870.940.960.90.950.720.940.94-0.180.890.990.95
0.840.860.860.8-0.690.620.840.85-0.960.810.770.86-0.180.980.630.890.950.640.830.840.92-0.660.880.830.85
-0.46-0.46-0.46-0.31-0.69-0.03-0.44-0.820.58-0.51-0.19-0.590.3-0.59-0.02-0.53-0.64-0.08-0.79-0.59-0.450.79-0.63-0.37-0.57
0.80.780.780.850.62-0.030.780.53-0.790.620.90.710.20.740.920.760.720.930.60.730.840.090.590.860.74
0.991.01.00.980.84-0.440.780.79-0.90.970.940.97-0.380.90.880.980.930.90.770.960.93-0.260.930.980.97
0.820.80.80.730.85-0.820.530.79-0.870.810.630.87-0.230.850.550.820.920.560.930.890.82-0.50.810.760.88
-0.91-0.91-0.91-0.88-0.960.58-0.79-0.9-0.87-0.83-0.86-0.90.08-0.99-0.77-0.92-0.98-0.77-0.86-0.9-0.980.47-0.86-0.91-0.9
0.950.960.960.930.81-0.510.620.970.81-0.830.850.95-0.560.850.80.940.910.790.710.930.88-0.30.920.910.94
0.940.940.940.980.77-0.190.90.940.63-0.860.850.88-0.220.850.960.920.850.970.650.870.93-0.150.840.980.89
0.990.980.980.940.86-0.590.710.970.87-0.90.950.88-0.410.890.790.990.940.840.881.00.9-0.390.970.961.0
-0.36-0.38-0.38-0.32-0.180.30.2-0.38-0.230.08-0.56-0.22-0.41-0.14-0.14-0.37-0.23-0.16-0.12-0.37-0.130.27-0.52-0.27-0.37
0.890.90.90.870.98-0.590.740.90.85-0.990.850.850.89-0.140.740.920.980.740.820.870.97-0.520.870.890.88
0.880.870.870.940.63-0.020.920.880.55-0.770.80.960.79-0.140.740.820.770.970.530.790.870.090.70.920.81
0.990.990.990.960.89-0.530.760.980.82-0.920.940.920.99-0.370.920.820.940.870.840.970.93-0.390.970.980.98
0.940.940.940.90.95-0.640.720.930.92-0.980.910.850.94-0.230.980.770.940.760.870.940.97-0.470.90.920.94
0.910.90.90.950.64-0.080.930.90.56-0.770.790.970.84-0.160.740.970.870.760.620.840.850.030.760.950.86
0.820.790.790.720.83-0.790.60.770.93-0.860.710.650.88-0.120.820.530.840.870.620.90.78-0.530.830.790.88
0.980.970.970.940.84-0.590.730.960.89-0.90.930.871.0-0.370.870.790.970.940.840.90.9-0.360.950.961.0
0.930.940.940.940.92-0.450.840.930.82-0.980.880.930.9-0.130.970.870.930.970.850.780.9-0.340.850.950.91
-0.28-0.3-0.3-0.18-0.660.790.09-0.26-0.50.47-0.3-0.15-0.390.27-0.520.09-0.39-0.470.03-0.53-0.36-0.34-0.55-0.23-0.35
0.940.950.950.890.88-0.630.590.930.81-0.860.920.840.97-0.520.870.70.970.90.760.830.950.85-0.550.910.95
0.990.980.990.990.83-0.370.860.980.76-0.910.910.980.96-0.270.890.920.980.920.950.790.960.95-0.230.910.97
0.990.980.980.950.85-0.570.740.970.88-0.90.940.891.0-0.370.880.810.980.940.860.881.00.91-0.350.950.97
Click cells to compare fundamentals

Unity Software Account Relationship Matchups

Unity Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets762.9M2.7B4.8B7.8B7.2B4.4B
Other Current Liab239.8M352.7M447.3M737.5M653.7M476.3M
Total Current Liabilities336.5M503.2M625.5M1.0B894.1M664.3M
Total Stockholder Equity393.9M2.0B2.4B3.5B3.2B2.2B
Other Liab32.4M32.3M25.8M254.6M292.8M307.5M
Net Tangible Assets(573.0M)1.7B(40.1M)(1.6B)(1.4B)(1.4B)
Property Plant And Equipment Net79.0M199.2M204.5M121.9M254.1M169.9M
Current Deferred Revenue86.0M113.9M140.5M218.1M186.8M146.7M
Net Debt(130.0M)(1.1B)763.5M1.2B1.2B1.3B
Retained Earnings(515.2M)(797.5M)(1.3B)(2.2B)(3.1B)(2.9B)
Accounts Payable10.7M11.3M14.0M20.2M14.5M14.7M
Cash130.0M1.3B1.1B1.5B1.6B1.1B
Non Current Assets Total395.4M590.6M2.7B5.5B4.9B2.6B
Non Currrent Assets Other36.1M47.7M51.2M(212M)84.2M88.4M
Other Assets36.1M47.7M51.2M103.8M119.3M125.3M
Cash And Short Term Investments130.0M1.8B1.7B1.6B1.6B1.3B
Net Receivables204.9M274.3M340.5M633.8M611.7M406.6M
Good Will218.3M286.3M1.6B3.2B3.2B3.3B
Liabilities And Stockholders Equity762.9M2.7B4.8B7.8B7.2B4.4B
Non Current Liabilities Total32.4M130.9M1.8B3.1B2.9B1.5B
Capital Surpluse226.2M2.8B3.7B5.8B6.6B7.0B
Inventory23.1M32.0M39.1M1.00.90.86
Other Current Assets9.4M22.4M34.4M144.1M116.0M62.4M
Other Stockholder Equity226.2M2.8B3.7B5.8B6.3B3.5B
Total Liab368.9M634.1M2.4B4.1B3.8B2.1B
Net Invested Capital(292.6M)2.0B4.1B6.2B5.9B3.2B
Property Plant And Equipment Gross79.0M199.2M204.5M245.5M284.8M198.1M
Total Current Assets367.4M2.1B2.2B2.4B2.3B1.8B
Accumulated Other Comprehensive Income(3.6M)(3.4M)(3.9M)(1.7M)(5.0M)(5.3M)
Non Current Liabilities Other21.8M11.8M9.9M259.0M217.2M228.1M
Net Working Capital30.9M1.6B1.5B1.4B1.4B1.1B
Short Term Debt0.025.4M23.7M34.5M39.1M26.6M
Intangible Assets62.0M57.5M814.4M1.9B1.4B783.2M
Property Plant Equipment79.0M199.2M204.5M242.4M278.8M174.4M

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When determining whether Unity Software is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Unity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Unity Software Stock. Highlighted below are key reports to facilitate an investment decision about Unity Software Stock:
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 tightly coupled 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.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is Unity Software'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 Unity Software. If investors know Unity 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 Unity Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.24)
Revenue Per Share
5.603
Quarterly Revenue Growth
(0.08)
Return On Assets
(0.07)
Return On Equity
(0.24)
The market value of Unity Software is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Software's value that differs from its market value or its book value, called intrinsic value, which is Unity Software'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 Unity Software's market value can be influenced by many factors that don't directly affect Unity Software'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 Unity Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Software'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.