Urban Current Ratio from 2010 to 2024

UONEK Stock  USD 1.57  0.04  2.48%   
Urban One Current Ratio yearly trend continues to be quite stable with very little volatility. Current Ratio may rise above 3.48 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.56
Current Value
3.48
Quarterly Volatility
0.89116928
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Urban One financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Urban main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.5 M, Interest Expense of 64.4 M or Selling General Administrative of 149.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0061 or PTB Ratio of 0.73. Urban financial statements analysis is a perfect complement when working with Urban One Valuation or Volatility modules.
  
This module can also supplement Urban One's financial leverage analysis and stock options assessment as well as various Urban One Technical models . Check out the analysis of Urban One Correlation against competitors.
For more information on how to buy Urban Stock please use our How to buy in Urban Stock guide.

Latest Urban One's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Urban One Class over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Urban One's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Urban One's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.84 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Urban Current Ratio Regression Statistics

Arithmetic Mean2.73
Geometric Mean2.61
Coefficient Of Variation32.67
Mean Deviation0.61
Median2.56
Standard Deviation0.89
Sample Variance0.79
Range3.7788
R-Value(0.39)
Mean Square Error0.72
R-Squared0.16
Significance0.15
Slope(0.08)
Total Sum of Squares11.12

Urban Current Ratio History

2024 3.48
2022 2.22
2021 2.94
2020 2.09
2019 1.84
2018 1.56
2017 2.47

About Urban One Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Urban One income statement, its balance sheet, and the statement of cash flows. Urban One investors use historical funamental indicators, such as Urban One's Current Ratio, to determine how well the company is positioned to perform in the future. Although Urban One investors may use each financial statement separately, they are all related. The changes in Urban One's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Urban One's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Urban One Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Urban One. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.56  3.48 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Urban One in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Urban One's short interest history, or implied volatility extrapolated from Urban One options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Urban One Class is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Urban Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Urban One Class Stock. Highlighted below are key reports to facilitate an investment decision about Urban One Class Stock:
Check out the analysis of Urban One Correlation against competitors.
For more information on how to buy Urban Stock please use our How to buy in Urban Stock guide.
Note that the Urban One Class information on this page should be used as a complementary analysis to other Urban One's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Urban Stock analysis

When running Urban One's price analysis, check to measure Urban One'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 Urban One is operating at the current time. Most of Urban One's value examination focuses on studying past and present price action to predict the probability of Urban One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urban One's price. Additionally, you may evaluate how the addition of Urban One to your portfolios can decrease your overall portfolio volatility.
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Is Urban One's 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 Urban One. If investors know Urban 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 Urban One 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
3.633
Earnings Share
0.3
Revenue Per Share
10.315
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0569
The market value of Urban One Class is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban One's value that differs from its market value or its book value, called intrinsic value, which is Urban One'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 Urban One's market value can be influenced by many factors that don't directly affect Urban One'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 Urban One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban One'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.