United Free Cash Flow vs Capital Expenditures Analysis
URI Stock | USD 673.55 6.78 1.02% |
United Rentals financial indicator trend analysis is much more than just breaking down United Rentals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Rentals is a good investment. Please check the relationship between United Rentals Free Cash Flow and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
Free Cash Flow vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Rentals Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.
The correlation between United Rentals' Free Cash Flow and Capital Expenditures is 0.37. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of United Rentals, assuming nothing else is changed. The correlation between historical values of United Rentals' Free Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of United Rentals are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., United Rentals' Free Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Capital Expenditures
Capital Expenditures are funds used by United Rentals to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of United Rentals operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Rentals 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 United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.As of now, United Rentals' Selling General Administrative is increasing as compared to previous years. The United Rentals' current Sales General And Administrative To Revenue is estimated to increase to 0.17, while Tax Provision is projected to decrease to under 411.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 424M | 445M | 635M | 505.2M | Depreciation And Amortization | 2.0B | 2.2B | 2.8B | 2.9B |
United Rentals fundamental ratios Correlations
Click cells to compare fundamentals
United Rentals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
United Rentals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.0B | 17.9B | 20.3B | 24.2B | 25.6B | 26.9B | |
Short Long Term Debt Total | 12.0B | 10.2B | 10.3B | 12.0B | 12.7B | 6.6B | |
Total Current Liabilities | 2.2B | 1.9B | 2.6B | 2.4B | 3.6B | 3.8B | |
Total Stockholder Equity | 3.8B | 4.5B | 6.0B | 7.1B | 8.1B | 8.5B | |
Property Plant And Equipment Net | 11.1B | 10.0B | 12.0B | 14.9B | 16.0B | 16.8B | |
Net Debt | 11.9B | 10.0B | 10.2B | 11.9B | 12.3B | 6.4B | |
Retained Earnings | 5.3B | 6.2B | 7.6B | 9.7B | 11.7B | 12.3B | |
Accounts Payable | 454M | 466M | 816M | 1.1B | 905M | 950.3M | |
Cash | 43M | 52M | 202M | 144M | 363M | 381.2M | |
Non Current Assets Total | 17.1B | 15.9B | 18.1B | 21.5B | 22.7B | 23.8B | |
Cash And Short Term Investments | 43M | 52M | 202M | 144M | 363M | 381.2M | |
Net Receivables | 1.5B | 1.3B | 1.7B | 2.0B | 2.2B | 2.3B | |
Common Stock Shares Outstanding | 77.7M | 72.9M | 72.8M | 71.0M | 68.7M | 68.2M | |
Liabilities And Stockholders Equity | 19.0B | 17.9B | 20.3B | 24.2B | 25.6B | 26.9B | |
Non Current Liabilities Total | 12.9B | 11.4B | 11.7B | 14.7B | 13.8B | 7.5B | |
Inventory | 120M | 125M | 164M | 232M | 205M | 112.3M | |
Other Current Assets | 140M | 375M | 166M | 381M | 62M | 58.9M | |
Other Stockholder Equity | (1.3B) | (1.5B) | (1.4B) | (2.3B) | (3.3B) | (3.1B) | |
Total Liab | 15.1B | 13.3B | 14.3B | 17.1B | 17.5B | 18.3B | |
Property Plant And Equipment Gross | 11.1B | 10.0B | 12.0B | 14.9B | 24.8B | 26.0B | |
Total Current Assets | 1.8B | 2.0B | 2.2B | 2.7B | 2.9B | 3.1B | |
Accumulated Other Comprehensive Income | (186M) | (146M) | (171M) | (264M) | (228M) | (216.6M) | |
Intangible Assets | 895M | 648M | 615M | 452M | 670M | 806.4M | |
Non Currrent Assets Other | 19M | 38M | 42M | 47M | 43M | 40.9M | |
Other Liab | 2.0B | 1.9B | 2.3B | 2.8B | 3.2B | 3.4B | |
Other Assets | 9.8B | 8.7B | 10.6B | 47M | 54.1M | 51.3M | |
Long Term Debt | 10.4B | 9.0B | 8.8B | 11.1B | 10.1B | 6.4B | |
Good Will | 5.2B | 5.2B | 5.5B | 6.0B | 5.9B | 3.0B | |
Property Plant Equipment | 604M | 1.3B | 1.4B | 14.9B | 17.2B | 18.0B | |
Other Current Liab | 692M | 669M | 798M | 1.0B | 880M | 924M | |
Current Deferred Revenue | 55M | 51M | 83M | 131M | 138M | 144.9M | |
Short Term Debt | 997M | 704M | 906M | 161M | 1.7B | 1.8B | |
Retained Earnings Total Equity | 5.3B | 6.2B | 7.6B | 9.7B | 11.1B | 11.7B | |
Deferred Long Term Liab | 1.9B | 1.8B | 2.2B | 2.7B | 3.1B | 1.7B | |
Treasury Stock | (2.1B) | (2.9B) | (3.7B) | (4.0B) | (3.6B) | (3.4B) | |
Net Tangible Assets | (2.2B) | 4.5B | 6.0B | 7.1B | 8.1B | 8.5B | |
Long Term Debt Total | 10.4B | 9.0B | 8.8B | 11.2B | 12.9B | 9.9B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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Is United Rentals' 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 Rentals. 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 Rentals 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 0.243 | Dividend Share 6.07 | Earnings Share 36.84 | Revenue Per Share 213.958 | Quarterly Revenue Growth 0.061 |
The market value of United Rentals 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 Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.