UBS Non Currrent Assets Other vs Long Term Debt Analysis
UBS Stock | USD 31.22 0.47 1.48% |
UBS Group financial indicator trend analysis is much more than just breaking down UBS Group AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UBS Group AG is a good investment. Please check the relationship between UBS Group Non Currrent Assets Other and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UBS Group AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Non Currrent Assets Other vs Long Term Debt
Non Currrent Assets Other vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UBS Group AG Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between UBS Group's Non Currrent Assets Other and Long Term Debt is 0.56. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of UBS Group AG, assuming nothing else is changed. The correlation between historical values of UBS Group's Non Currrent Assets Other and Long 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 Non Currrent Assets Other of UBS Group AG are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., UBS Group's Non Currrent Assets Other and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Long Term Debt
Long-term debt is a debt that UBS Group AG has held for over one year. Long-term debt appears on UBS Group AG balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on UBS Group AG balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from UBS Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UBS Group AG 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 UBS Group AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Sales General And Administrative To Revenue is likely to gain to 0.92 in 2024, whereas Selling General Administrative is likely to drop slightly above 21 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.3B | 6.6B | 28.2B | 17.0B | Depreciation And Amortization | 2.1B | 2.1B | 2.9B | 1.7B |
UBS Group fundamental ratios Correlations
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UBS Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UBS Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 972.2B | 1.1T | 1.1T | 1.1T | 1.7T | 1.3T | |
Total Stockholder Equity | 54.5B | 59.5B | 60.7B | 56.9B | 87.3B | 91.6B | |
Property Plant And Equipment Net | 12.8B | 13.1B | 12.9B | 12.3B | 17.8B | 18.7B | |
Net Debt | 70.2B | 42.2B | 23.8B | 20.5B | 52.0B | 54.6B | |
Retained Earnings | 34.2B | 38.8B | 43.9B | 50.0B | 76.1B | 79.9B | |
Cash | 107.1B | 158.2B | 194.8B | 172.8B | 314.1B | 329.9B | |
Non Current Assets Total | 219.8B | 215.3B | 202.2B | 206.1B | 369.2B | 387.6B | |
Non Currrent Assets Other | (9.5B) | (9.2B) | (8.9B) | (11.0B) | (10.7B) | (11.2B) | |
Other Assets | 620.9B | 719.4B | 685.0B | 709.0B | 1.0T | 864.9B | |
Cash And Short Term Investments | 113.4B | 166.5B | 203.6B | 171.7B | 316.4B | 332.2B | |
Common Stock Shares Outstanding | 3.9B | 4.2B | 4.0B | 3.7B | 3.2B | 3.7B | |
Liabilities And Stockholders Equity | 972.2B | 1.1T | 1.1T | 1.1T | 1.7T | 1.3T | |
Other Stockholder Equity | 14.7B | 12.7B | 11.3B | 6.7B | 8.4B | 13.2B | |
Total Current Assets | 131.4B | 191.1B | 230.0B | 189.3B | 337.4B | 354.3B | |
Accumulated Other Comprehensive Income | 5.3B | 7.6B | 5.2B | (103M) | 2.5B | 2.6B | |
Other Liab | 38.6B | 32.1B | 50.2B | 23.3B | 21.0B | 19.9B | |
Accounts Payable | 37.2B | 38.7B | 45.1B | 47.0B | 42.5B | 40.4B | |
Long Term Debt | 155.5B | 200.5B | 213.0B | 188.3B | 366.1B | 384.4B | |
Good Will | 6.3B | 6.2B | 6.1B | 6.0B | 6.0B | 6.2B | |
Short Term Investments | 6.3B | 8.3B | 8.8B | 2.2B | 2.2B | 2.1B | |
Total Liab | 917.5B | 1.1T | 1.1T | 1.0T | 1.6T | 938.0B | |
Treasury Stock | (2.6B) | (3.3B) | (4.1B) | (4.7B) | (5.4B) | (5.6B) | |
Intangible Assets | 197M | 298M | 252M | 224M | 1.5B | 2.5B | |
Property Plant Equipment | 9.4B | 9.3B | 12.9B | 12.3B | 14.1B | 8.0B | |
Other Current Liab | (141M) | (228M) | (239.7M) | (2.2B) | (53.5B) | (56.2B) | |
Other Current Assets | 345.6B | 391.5B | 429.6B | 374.0B | 623.7B | 581.6B | |
Short Long Term Debt Total | 177.3B | 200.5B | 218.6B | 193.3B | 366.1B | 211.0B | |
Non Current Liabilities Total | 177.4B | 201.3B | 176.1B | 74.8B | 366.1B | 257.5B | |
Property Plant And Equipment Gross | 12.8B | 13.1B | 27.1B | 27.1B | 35.9B | 37.7B | |
Total Current Liabilities | 59.1B | 85.4B | 88.2B | 74.8B | 42.5B | 50.5B | |
Net Receivables | 18.0B | 24.7B | 26.3B | 23.4B | 21.0B | 17.8B | |
Short Term Debt | 21.8B | 46.7B | 43.1B | 29.7B | 52.9B | 40.1B | |
Long Term Investments | 235.3B | 242.8B | 183.8B | 187.5B | 343.8B | 199.5B | |
Short Long Term Debt | 16.6B | 31.0B | 2.5B | 29.7B | 38.5B | 47.6B | |
Net Tangible Assets | 44.6B | 49.2B | 54.3B | 46.4B | 53.3B | 51.1B | |
Long Term Debt Total | 159.4B | 200.5B | 213.0B | 188.3B | 216.5B | 178.5B | |
Capital Surpluse | 18.1B | 16.8B | 15.9B | 13.5B | 12.2B | 16.9B |
Pair Trading with UBS Group
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 UBS Group 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 UBS Group will appreciate offsetting losses from the drop in the long position's value.Moving together with UBS Stock
0.73 | CM | Canadian Imperial Bank Normal Trading | PairCorr |
0.65 | RY | Royal Bank Fiscal Year End 5th of December 2024 | PairCorr |
The ability to find closely correlated positions to UBS Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UBS Group 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 UBS Group - 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 UBS Group AG to buy it.
The correlation of UBS Group 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 UBS Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UBS Group AG 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 UBS Group 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.Additional Tools for UBS Stock Analysis
When running UBS Group's price analysis, check to measure UBS Group'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 UBS Group is operating at the current time. Most of UBS Group's value examination focuses on studying past and present price action to predict the probability of UBS Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UBS Group's price. Additionally, you may evaluate how the addition of UBS Group to your portfolios can decrease your overall portfolio volatility.