Uber Technologies Current Assets vs Current Liabilities Analysis

UBER
 Stock
  

USD 30.15  0.57  1.86%   

Uber Technologies financial indicator trend analysis is much more than just breaking down Uber Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uber Technologies is a good investment. Please check the relationship between Uber Technologies Current Assets and its Current Liabilities accounts. Also, please take a look at World Market Map.

Current Assets vs Current Liabilities

Current Assets vs Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uber Technologies Current Assets account and Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Uber Technologies' Current Assets and Current Liabilities is 0.52. Overlapping area represents the amount of variation of Current Assets that can explain the historical movement of Current Liabilities in the same time period over historical financial statements of Uber Technologies, assuming nothing else is changed. The correlation between historical values of Uber Technologies' Current Assets and Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Assets of Uber Technologies are associated (or correlated) with its Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Liabilities has no effect on the direction of Current Assets i.e., Uber Technologies' Current Assets and Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Current Assets

Current assets of Uber Technologies include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Uber Technologies. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.
Most indicators from Uber Technologies fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uber Technologies 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. Also, please take a look at World Market Map.
 2019 2020 2021 2022 (projected)
Weighted Average Shares1.25 B1.75 B1.89 B2.04 B
Revenues14.15 B11.14 B17.45 B13.8 B

Uber Technologies fundamental ratios Correlations

Uber Technologies Account Relationship Matchups

Uber Technologies Investors Sentiment

The influence of Uber Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Uber Technologies. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Uber Technologies' public news can be used to forecast risks associated with investment in Uber Technologies. The trend in average sentiment can be used to explain how an investor holding Uber Technologies can time the market purely based on public headlines and social activities around Uber Technologies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Uber Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Uber Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Uber Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Uber Technologies.

Uber Technologies Implied Volatility

    
  59.18  
Uber Technologies' implied volatility exposes the market's sentiment of Uber Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Uber Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Uber Technologies stock will not fluctuate a lot when Uber Technologies' options are near their expiration.
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 Uber Technologies 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, Uber Technologies' short interest history, or implied volatility extrapolated from Uber Technologies options trading.

Also Currently Popular

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.
Also, please take a look at World Market Map. Note that the Uber Technologies information on this page should be used as a complementary analysis to other Uber Technologies' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Uber Technologies price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Uber Technologies' 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 Uber Technologies. If investors know Uber Technologies 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 Uber Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
64.3 B
Quarterly Revenue Growth YOY
1.06
Return On Assets
-0.0431
Return On Equity
-0.87
The market value of Uber Technologies is measured differently than its book value, which is the value of Uber Technologies that is recorded on the company's balance sheet. Investors also form their own opinion of Uber Technologies' value that differs from its market value or its book value, called intrinsic value, which is Uber Technologies' 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 Uber Technologies' market value can be influenced by many factors that don't directly affect Uber Technologies' 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 Uber Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Uber Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uber Technologies' 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.