UnitedHealth Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

UNH Stock  USD 501.92  1.20  0.24%   
UnitedHealth Group financial indicator trend analysis is much more than just breaking down UnitedHealth Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UnitedHealth Group is a good investment. Please check the relationship between UnitedHealth Group Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UnitedHealth Group Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between UnitedHealth Group's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of UnitedHealth Group Incorporated, assuming nothing else is changed. The correlation between historical values of UnitedHealth Group's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of UnitedHealth Group Incorporated are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., UnitedHealth Group's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from UnitedHealth Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UnitedHealth Group 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 UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of now, UnitedHealth Group's Selling General Administrative is increasing as compared to previous years. The UnitedHealth Group's current Sales General And Administrative To Revenue is estimated to increase to 0.19, while Tax Provision is projected to decrease to under 5 B.
 2021 2022 2023 2024 (projected)
Total Revenue285.3B322.1B371.6B390.2B
Depreciation And Amortization779M1.4B4.0B4.2B

UnitedHealth Group fundamental ratios Correlations

1.00.990.980.961.00.971.00.390.970.90.471.00.810.91.01.00.990.970.990.560.990.840.381.00.39
1.00.990.980.960.990.971.00.40.970.890.461.00.790.891.01.00.990.980.990.60.990.830.391.00.4
0.990.990.980.931.00.960.990.430.970.870.510.990.770.90.990.990.970.950.990.50.990.850.420.990.44
0.980.980.980.970.980.910.990.40.920.860.490.980.740.890.980.960.970.970.970.550.990.860.430.980.44
0.960.960.930.970.940.880.960.310.890.890.40.970.770.850.970.940.980.990.940.670.960.810.320.970.34
1.00.991.00.980.940.971.00.40.970.890.490.990.80.90.990.990.980.960.990.520.990.840.410.990.42
0.970.970.960.910.880.970.960.321.00.880.480.960.830.850.970.980.950.920.970.530.960.80.390.960.4
1.01.00.990.990.961.00.960.390.970.90.471.00.80.91.00.990.990.980.990.561.00.840.391.00.4
0.390.40.430.40.310.40.320.390.30.140.050.370.060.460.380.370.320.310.420.20.350.080.130.350.13
0.970.970.970.920.890.971.00.970.30.880.520.970.820.860.970.990.960.930.970.530.970.850.420.970.43
0.90.890.870.860.890.890.880.90.140.880.330.910.970.820.90.910.920.870.890.510.890.730.180.910.19
0.470.460.510.490.40.490.480.470.050.520.330.440.360.220.450.460.440.450.40.390.530.660.880.470.89
1.01.00.990.980.970.990.961.00.370.970.910.440.820.91.00.990.990.980.990.570.990.830.351.00.36
0.810.790.770.740.770.80.830.80.060.820.970.360.820.710.810.820.820.750.790.450.790.640.170.810.19
0.90.890.90.890.850.90.850.90.460.860.820.220.90.710.90.890.880.870.910.340.880.760.110.890.12
1.01.00.990.980.970.990.971.00.380.970.90.451.00.810.91.00.990.980.990.590.990.830.371.00.38
1.01.00.990.960.940.990.980.990.370.990.910.460.990.820.891.00.990.961.00.560.990.820.370.990.38
0.990.990.970.970.980.980.950.990.320.960.920.440.990.820.880.990.990.990.980.640.990.830.360.990.37
0.970.980.950.970.990.960.920.980.310.930.870.450.980.750.870.980.960.990.960.660.980.860.370.980.39
0.990.990.990.970.940.990.970.990.420.970.890.40.990.790.910.991.00.980.960.530.980.80.320.990.33
0.560.60.50.550.670.520.530.560.20.530.510.390.570.450.340.590.560.640.660.530.570.440.420.570.42
0.990.990.990.990.960.990.961.00.350.970.890.530.990.790.880.990.990.990.980.980.570.870.441.00.45
0.840.830.850.860.810.840.80.840.080.850.730.660.830.640.760.830.820.830.860.80.440.870.550.850.56
0.380.390.420.430.320.410.390.390.130.420.180.880.350.170.110.370.370.360.370.320.420.440.550.381.0
1.01.00.990.980.970.990.961.00.350.970.910.471.00.810.891.00.990.990.980.990.571.00.850.380.39
0.390.40.440.440.340.420.40.40.130.430.190.890.360.190.120.380.380.370.390.330.420.450.561.00.39
Click cells to compare fundamentals

UnitedHealth Group Account Relationship Matchups

UnitedHealth Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.9B197.3B212.2B245.7B278.4B292.3B
Total Current Liabilities61.8B72.4B78.3B89.2B99.1B104.0B
Total Stockholder Equity60.4B68.3B75.0B81.5B88.8B93.2B
Property Plant And Equipment Net8.7B8.6B9.0B10.1B11.5B12.0B
Net Debt29.7B26.5B24.6B34.3B42.0B44.1B
Retained Earnings61.2B69.3B77.1B86.2B95.8B100.6B
Cash11.0B16.9B21.4B23.4B25.4B26.7B
Non Current Assets Total131.3B143.6B150.4B176.6B200.0B210.0B
Non Currrent Assets Other94.0B102.3B107.3B12.3B17.3B10.9B
Cash And Short Term Investments14.2B19.8B23.9B27.9B29.6B31.1B
Net Receivables11.8B12.9B14.2B17.7B39.0B40.9B
Common Stock Shares Outstanding966M961M956M950M938M1.2B
Liabilities And Stockholders Equity173.9B197.3B212.2B245.7B278.4B292.3B
Non Current Liabilities Total49.9B54.3B57.4B70.1B80.4B84.5B
Other Current Assets16.6B21.1B23.6B23.5B78.4B82.4B
Other Stockholder Equity2.8B2.8B3.3B3.7B4.2B4.4B
Total Liab111.7B126.8B135.7B159.4B179.5B188.5B
Total Current Assets42.6B53.7B61.8B69.1B78.4B82.4B
Short Long Term Debt Total40.7B43.5B46.0B57.6B67.4B70.8B
Intangible Assets10.3B10.9B10.0B14.4B15.2B16.0B
Other Current Liab33.6B42.9B47.6B54.0B58.4B61.4B
Short Term Debt3.9B4.8B3.6B3.1B5.3B5.6B
Accounts Payable21.7B21.9B24.5B29.1B32.0B33.6B
Short Term Investments3.3B2.9B2.5B4.5B4.2B4.4B
Accumulated Other Comprehensive Income(3.6B)(3.8B)(5.4B)(8.4B)(7.0B)(6.7B)
Good Will65.7B71.3B75.8B93.4B103.7B108.9B
Property Plant And Equipment Gross8.7B8.6B15.0B17.1B18.5B19.4B
Other Liab10.0B15.7B15.1B11.8B13.5B14.2B
Other Assets13.8B52.8B107.3B20.7B23.8B13.1B
Long Term Debt36.8B38.6B42.4B54.5B58.3B61.2B
Property Plant Equipment8.7B8.6B9.0B10.1B11.6B12.2B
Current Deferred Revenue2.6B2.8B2.6B3.1B3.4B2.5B
Net Tangible Assets(16.7B)(14.5B)75.0B(25.1B)(28.8B)(27.4B)
Noncontrolling Interest In Consolidated Entity2.8B2.8B3.3B3.7B4.2B4.4B
Retained Earnings Total Equity61.2B69.3B77.1B86.2B99.1B51.1B
Long Term Debt Total36.8B38.6B42.4B54.5B62.7B65.8B

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Additional Information and Resources on Investing in UnitedHealth Stock

When determining whether UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group'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 Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UnitedHealth Group Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Health Care Providers & Services space 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 UnitedHealth Group. If investors know UnitedHealth 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 UnitedHealth Group 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
0.16
Dividend Share
7.52
Earnings Share
16.4
Revenue Per Share
410.145
Quarterly Revenue Growth
0.086
The market value of UnitedHealth Group is measured differently than its book value, which is the value of UnitedHealth that is recorded on the company's balance sheet. Investors also form their own opinion of UnitedHealth Group's value that differs from its market value or its book value, called intrinsic value, which is UnitedHealth Group'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 UnitedHealth Group's market value can be influenced by many factors that don't directly affect UnitedHealth Group'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 UnitedHealth Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UnitedHealth Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UnitedHealth Group'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.