Unity Accounts Payable vs Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue 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 Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Unity Software's Accounts Payable and Current Deferred Revenue is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue 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 Current Deferred Revenue 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 Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Unity Software's Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 Expense | 1.1M | 7.4M | 24.6M | 25.8M | Depreciation And Amortization | 66.1M | 218.8M | 563.9M | 592.1M |
Unity Software fundamental ratios Correlations
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Unity Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unity Software fundamental ratios 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 |
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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.