ULVR Stock | | | 4,549 17.37 0.38% |
Unilever PLC financial indicator trend analysis is much more than just breaking down Unilever PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unilever PLC is a good investment. Please check the relationship between Unilever PLC Other Current Liab and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Unilever PLC. 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.
Other Current Liab vs Other Current Assets
Other Current Liab vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Unilever PLC Other Current Liab account and
Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Unilever PLC's Other Current Liab and Other Current Assets is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Unilever PLC, assuming nothing else is changed. The correlation between historical values of Unilever PLC's Other Current Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Unilever PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Current Liab i.e., Unilever PLC's Other Current Liab and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Unilever PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unilever PLC 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 Unilever PLC. 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.
Selling General Administrative is likely to gain to about 7.8
B in 2024.
Tax Provision is likely to gain to about 2.3
B in 2024
Unilever PLC fundamental ratios Correlations
Click cells to compare fundamentals
Unilever PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unilever PLC fundamental ratios Accounts
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Additional Tools for Unilever Stock Analysis
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predict the probability of Unilever PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unilever PLC's price. Additionally, you may evaluate how the addition of Unilever PLC to your portfolios can decrease your overall portfolio volatility.