UCAR Total Current Assets vs Net Working Capital Analysis
| UCAR Stock | 6.37 0.79 11.03% |
U Power financial indicator trend analysis is much more than just breaking down U Power Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether U Power Limited is a good investment. Please check the relationship between U Power Total Current Assets and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Power Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Power Limited Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between U Power's Total Current Assets and Net Working Capital is 0.78. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of U Power Limited, assuming nothing else is changed. The correlation between historical values of U Power's Total Current Assets and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of U Power Limited are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., U Power's Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Working Capital
Most indicators from U Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into U Power Limited 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 U Power Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. As of 05/20/2024, Sales General And Administrative To Revenue is likely to grow to 7.02, while Tax Provision is likely to drop slightly above 1.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.8M | 7.7M | 8.9M | 9.3M | Interest Income | 437K | 49K | 562K | 296.8K |
U Power fundamental ratios Correlations
Click cells to compare fundamentals
U Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running U Power's price analysis, check to measure U Power'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 U Power is operating at the current time. Most of U Power's value examination focuses on studying past and present price action to predict the probability of U Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Power's price. Additionally, you may evaluate how the addition of U Power to your portfolios can decrease your overall portfolio volatility.
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Is U Power'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 U Power. If investors know UCAR 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 U Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.14) | Revenue Per Share 15.898 | Quarterly Revenue Growth 4.078 | Return On Assets (0.06) | Return On Equity (0.09) |
The market value of U Power Limited is measured differently than its book value, which is the value of UCAR that is recorded on the company's balance sheet. Investors also form their own opinion of U Power's value that differs from its market value or its book value, called intrinsic value, which is U Power'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 U Power's market value can be influenced by many factors that don't directly affect U Power'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 U Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if U Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U Power'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.