United States Cellular Preferred 5.500% due 2070
United States Cellular Preferred 5.500% due 2070 operates in Electric Utilities.
United States Cellular Preferred 5.500% due 2070 (UZE) - Net Assets
Latest net assets as of September 2024: $4.61 Billion USD
Based on the latest financial reports, United States Cellular Preferred 5.500% due 2070 (UZE) has net assets worth $4.61 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.52 Billion) and total liabilities ($5.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.61 Billion |
| % of Total Assets | 43.88% |
| Annual Growth Rate | 17.33% |
| 5-Year Change | 10.26% |
| 10-Year Change | 40.45% |
| Growth Volatility | 52.79 |
United States Cellular Preferred 5.500% due 2070 - Net Assets Trend (1986–2023)
This chart illustrates how United States Cellular Preferred 5.500% due 2070's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for United States Cellular Preferred 5.500% due 2070 (1986–2023)
The table below shows the annual net assets of United States Cellular Preferred 5.500% due 2070 from 1986 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $4.65 Billion | +1.57% |
| 2022-12-31 | $4.58 Billion | +0.17% |
| 2021-12-31 | $4.57 Billion | +3.11% |
| 2020-12-31 | $4.44 Billion | +5.09% |
| 2019-12-31 | $4.22 Billion | +3.51% |
| 2018-12-31 | $4.08 Billion | +10.57% |
| 2017-12-31 | $3.69 Billion | +1.15% |
| 2016-12-31 | $3.65 Billion | +2.08% |
| 2015-12-31 | $3.57 Billion | +7.79% |
| 2014-12-31 | $3.31 Billion | -2.83% |
| 2013-12-31 | $3.41 Billion | -10.16% |
| 2012-12-31 | $3.80 Billion | +3.23% |
| 2011-12-31 | $3.68 Billion | +4.04% |
| 2010-12-31 | $3.53 Billion | +2.26% |
| 2009-12-31 | $3.46 Billion | +6.15% |
| 2008-12-31 | $3.26 Billion | +0.50% |
| 2007-12-31 | $3.24 Billion | +15.81% |
| 2006-12-31 | $2.80 Billion | +6.42% |
| 2004-12-31 | $2.63 Billion | +2.82% |
| 2003-12-31 | $2.56 Billion | +3.49% |
| 2002-12-31 | $2.47 Billion | +3.69% |
| 2001-12-31 | $2.38 Billion | +5.89% |
| 2000-12-31 | $2.25 Billion | -2.85% |
| 1999-12-31 | $2.32 Billion | +16.14% |
| 1998-12-31 | $1.99 Billion | +18.45% |
| 1997-12-31 | $1.68 Billion | +10.19% |
| 1996-12-31 | $1.53 Billion | +11.11% |
| 1995-12-31 | $1.37 Billion | +20.89% |
| 1994-12-31 | $1.14 Billion | +16.70% |
| 1993-12-31 | $974.50 Million | +102.56% |
| 1992-12-31 | $481.10 Million | +24.41% |
| 1991-12-31 | $386.70 Million | +230.51% |
| 1990-12-31 | $117.00 Million | +39.78% |
| 1989-12-31 | $83.70 Million | -3.01% |
| 1988-12-31 | $86.30 Million | +185.76% |
| 1987-12-31 | $30.20 Million | +139.68% |
| 1986-12-31 | $12.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to United States Cellular Preferred 5.500% due 2070's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 289540000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.89 Billion | 62.52% |
| Common Stock | $88.00 Million | 1.90% |
| Other Components | $1.65 Billion | 35.58% |
| Total Equity | $4.63 Billion | 100.00% |
United States Cellular Preferred 5.500% due 2070 Competitors by Market Cap
The table below lists competitors of United States Cellular Preferred 5.500% due 2070 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NB Private Equity Partners Limited
PINK:NBPVF
|
$181.20K |
|
Valencia Capital Inc
V:VAL-P
|
$181.28K |
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD
|
$181.41K |
|
CORELENS S.A. ZY -10
F:9GK
|
$181.52K |
|
ORIANA POWER LTD
NSE:ORIANA-SM
|
$180.96K |
|
ROBERT HALF INTL - Dusseldorf Stock Exchang
DU:RHJ
|
$180.87K |
|
Zwipe AS
OL:ZWIPE
|
$180.81K |
|
C WorldWide Indien KL A
CO:CWIIA
|
$180.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United States Cellular Preferred 5.500% due 2070's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,554,000,000 to 4,626,000,000, a change of 72,000,000 (1.6%).
- Net income of 54,000,000 contributed positively to equity growth.
- Share repurchases of 6,000,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $54.00 Million | +1.17% |
| Share Repurchases | $6.00 Million | -0.13% |
| Other Changes | $24.00 Million | +0.52% |
| Total Change | $- | 1.58% |
Book Value vs Market Value Analysis
This analysis compares United States Cellular Preferred 5.500% due 2070's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 41.52x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-12-31 | $0.44 | $18.11 | x |
| 1987-12-31 | $1.09 | $18.11 | x |
| 1988-12-31 | $3.14 | $18.11 | x |
| 1989-12-31 | $2.91 | $18.11 | x |
| 1990-12-31 | $3.90 | $18.11 | x |
| 1991-12-31 | $9.82 | $18.11 | x |
| 1992-12-31 | $8.35 | $18.11 | x |
| 1993-12-31 | $16.99 | $18.11 | x |
| 1994-12-31 | $13.80 | $18.11 | x |
| 1995-12-31 | $15.87 | $18.11 | x |
| 1996-12-31 | $17.16 | $18.11 | x |
| 1997-12-31 | $18.87 | $18.11 | x |
| 1998-12-31 | $21.49 | $18.11 | x |
| 1999-12-31 | $24.80 | $18.11 | x |
| 2000-12-31 | $24.37 | $18.11 | x |
| 2001-12-31 | $25.96 | $18.11 | x |
| 2002-12-31 | $28.05 | $18.11 | x |
| 2003-12-31 | $28.82 | $18.11 | x |
| 2004-12-31 | $29.84 | $18.11 | x |
| 2006-12-31 | $31.45 | $18.11 | x |
| 2007-12-31 | $36.12 | $18.11 | x |
| 2008-12-31 | $36.54 | $18.11 | x |
| 2009-12-31 | $39.05 | $18.11 | x |
| 2010-12-31 | $40.23 | $18.11 | x |
| 2011-12-31 | $42.36 | $18.11 | x |
| 2012-12-31 | $43.81 | $18.11 | x |
| 2013-12-31 | $40.02 | $18.11 | x |
| 2014-12-31 | $39.21 | $18.11 | x |
| 2015-12-31 | $41.94 | $18.11 | x |
| 2016-12-31 | $42.75 | $18.11 | x |
| 2017-12-31 | $42.76 | $18.11 | x |
| 2018-12-31 | $46.63 | $18.11 | x |
| 2019-12-31 | $47.69 | $18.11 | x |
| 2020-12-31 | $50.70 | $18.11 | x |
| 2021-12-31 | $52.26 | $18.11 | x |
| 2022-12-31 | $52.95 | $18.11 | x |
| 2023-12-31 | $53.17 | $18.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United States Cellular Preferred 5.500% due 2070 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.38%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.32x
- Recent ROE (1.17%) is below the historical average (1.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | -20.63% | -37.14% | 0.17x | 3.20x | $-3.86 Million |
| 1987 | -13.58% | -39.81% | 0.16x | 2.13x | $-7.12 Million |
| 1988 | -7.65% | -36.46% | 0.15x | 1.40x | $-15.23 Million |
| 1989 | -22.37% | -45.41% | 0.23x | 2.11x | $-26.48 Million |
| 1990 | -13.08% | -23.33% | 0.23x | 2.49x | $-25.94 Million |
| 1991 | -6.41% | -24.52% | 0.16x | 1.62x | $-62.44 Million |
| 1992 | 1.32% | 3.78% | 0.19x | 1.82x | $-40.87 Million |
| 1993 | -2.65% | -10.27% | 0.20x | 1.30x | $-121.29 Million |
| 1994 | 1.49% | 4.93% | 0.22x | 1.39x | $-93.96 Million |
| 1995 | 7.50% | 20.25% | 0.26x | 1.41x | $-33.25 Million |
| 1996 | 8.80% | 18.35% | 0.34x | 1.41x | $-17.72 Million |
| 1997 | 6.84% | 12.71% | 0.35x | 1.54x | $-51.43 Million |
| 1998 | 11.12% | 18.66% | 0.38x | 1.56x | $21.88 Million |
| 1999 | 13.22% | 21.22% | 0.40x | 1.54x | $73.34 Million |
| 2000 | 8.71% | 11.24% | 0.50x | 1.57x | $-28.55 Million |
| 2001 | 7.44% | 9.18% | 0.51x | 1.59x | $-59.69 Million |
| 2002 | -0.59% | -0.65% | 0.46x | 1.95x | $-255.79 Million |
| 2003 | 2.43% | 2.35% | 0.52x | 1.97x | $-188.84 Million |
| 2004 | 4.21% | 3.84% | 0.55x | 2.00x | $-149.79 Million |
| 2006 | 4.90% | 4.44% | 0.56x | 1.98x | $-140.33 Million |
| 2007 | 9.85% | 7.98% | 0.70x | 1.76x | $-4.88 Million |
| 2008 | 1.03% | 0.78% | 0.76x | 1.74x | $-287.67 Million |
| 2009 | 6.35% | 5.13% | 0.73x | 1.69x | $-124.42 Million |
| 2010 | 3.80% | 3.17% | 0.70x | 1.70x | $-215.73 Million |
| 2011 | 4.84% | 4.03% | 0.69x | 1.75x | $-186.96 Million |
| 2012 | 2.97% | 2.49% | 0.68x | 1.76x | $-262.38 Million |
| 2013 | 4.13% | 3.57% | 0.61x | 1.90x | $-199.08 Million |
| 2014 | -1.30% | -1.10% | 0.60x | 1.96x | $-373.01 Million |
| 2015 | 6.78% | 6.04% | 0.57x | 1.98x | $-114.70 Million |
| 2016 | 1.32% | 1.22% | 0.55x | 1.96x | $-315.40 Million |
| 2017 | 0.33% | 0.31% | 0.57x | 1.86x | $-355.70 Million |
| 2018 | 3.70% | 3.78% | 0.55x | 1.79x | $-255.70 Million |
| 2019 | 3.03% | 3.16% | 0.49x | 1.95x | $-292.70 Million |
| 2020 | 5.19% | 5.67% | 0.42x | 2.19x | $-212.10 Million |
| 2021 | 3.41% | 3.76% | 0.40x | 2.27x | $-299.70 Million |
| 2022 | 0.66% | 0.72% | 0.37x | 2.44x | $-425.40 Million |
| 2023 | 1.17% | 1.38% | 0.36x | 2.32x | $-408.60 Million |
Industry Comparison
This section compares United States Cellular Preferred 5.500% due 2070's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United States Cellular Preferred 5.500% due 2070 (UZE) | $4.61 Billion | -20.63% | 1.28x | $181.08K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |