603600 Other Current Liab vs Deferred Long Term Liab Analysis

603600 Stock   11.21  0.27  2.35%   
UE Furniture financial indicator trend analysis is much more than just breaking down UE Furniture prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UE Furniture is a good investment. Please check the relationship between UE Furniture Other Current Liab and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UE Furniture Co. 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 Deferred Long Term Liab

Other Current Liab vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UE Furniture Other Current Liab account and Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between UE Furniture's Other Current Liab and Deferred Long Term Liab is -0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of UE Furniture Co, assuming nothing else is changed. The correlation between historical values of UE Furniture's Other Current Liab and Deferred Long Term Liab 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 UE Furniture Co are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Other Current Liab i.e., UE Furniture's Other Current Liab and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from UE Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UE Furniture 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in UE Furniture Co. 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.
The current year's Selling General Administrative is expected to grow to about 354.7 M, whereas Tax Provision is forecasted to decline to about 27.9 M.
 2021 2022 2023 2024 (projected)
Operating Income213.9M300.2M227.9M169.8M
Total Revenue4.7B4.1B3.5B2.4B

UE Furniture fundamental ratios Correlations

-0.150.940.860.820.920.810.830.960.00.90.770.950.770.910.890.830.950.920.820.970.940.950.750.850.95
-0.150.01-0.46-0.49-0.03-0.43-0.4-0.12-0.030.080.240.01-0.54-0.04-0.39-0.4-0.2-0.17-0.27-0.14-0.28-0.2-0.11-0.4-0.27
0.940.010.730.70.970.660.710.930.030.990.781.00.680.790.810.780.850.810.680.970.870.850.660.730.89
0.86-0.460.730.970.730.960.950.82-0.10.680.620.740.950.810.970.910.890.870.830.860.890.870.70.960.92
0.82-0.490.70.970.670.960.960.75-0.170.640.520.710.970.720.980.940.810.850.780.810.890.790.750.890.9
0.92-0.030.970.730.670.620.680.950.150.980.790.960.640.830.770.690.850.790.730.950.790.850.540.730.82
0.81-0.430.660.960.960.620.930.7-0.270.580.570.670.930.740.950.920.830.830.740.790.890.810.810.90.9
0.83-0.40.710.950.960.680.930.76-0.140.670.580.720.910.760.940.890.80.870.80.80.860.780.730.850.87
0.96-0.120.930.820.750.950.70.760.150.920.80.930.70.920.820.740.940.880.840.960.840.940.560.840.88
0.0-0.030.03-0.1-0.170.15-0.27-0.140.150.08-0.170.02-0.25-0.03-0.16-0.19-0.03-0.16-0.03-0.01-0.190.01-0.3-0.1-0.15
0.90.080.990.680.640.980.580.670.920.080.80.980.610.780.760.710.810.770.670.940.790.810.580.690.82
0.770.240.780.620.520.790.570.580.8-0.170.80.780.50.790.630.510.770.710.650.80.640.730.460.690.69
0.950.011.00.740.710.960.670.720.930.020.980.780.680.790.820.790.860.810.680.970.880.860.690.740.89
0.77-0.540.680.950.970.640.930.910.7-0.250.610.50.680.650.960.940.780.790.720.790.880.760.670.90.89
0.91-0.040.790.810.720.830.740.760.92-0.030.780.790.790.650.770.650.930.920.880.860.790.930.580.820.81
0.89-0.390.810.970.980.770.950.940.82-0.160.760.630.820.960.770.970.880.860.770.90.950.870.780.930.96
0.83-0.40.780.910.940.690.920.890.74-0.190.710.510.790.940.650.970.820.780.640.850.940.810.820.870.95
0.95-0.20.850.890.810.850.830.80.94-0.030.810.770.860.780.930.880.820.880.810.950.911.00.70.940.94
0.92-0.170.810.870.850.790.830.870.88-0.160.770.710.810.790.920.860.780.880.950.850.870.870.710.80.87
0.82-0.270.680.830.780.730.740.80.84-0.030.670.650.680.720.880.770.640.810.950.760.710.80.510.770.73
0.97-0.140.970.860.810.950.790.80.96-0.010.940.80.970.790.860.90.850.950.850.760.920.940.690.880.95
0.94-0.280.870.890.890.790.890.860.84-0.190.790.640.880.880.790.950.940.910.870.710.920.910.860.870.99
0.95-0.20.850.870.790.850.810.780.940.010.810.730.860.760.930.870.811.00.870.80.940.910.680.920.93
0.75-0.110.660.70.750.540.810.730.56-0.30.580.460.690.670.580.780.820.70.710.510.690.860.680.620.83
0.85-0.40.730.960.890.730.90.850.84-0.10.690.690.740.90.820.930.870.940.80.770.880.870.920.620.91
0.95-0.270.890.920.90.820.90.870.88-0.150.820.690.890.890.810.960.950.940.870.730.950.990.930.830.91
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UE Furniture Account Relationship Matchups

UE Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B3.2B3.2B3.0B3.4B1.8B
Other Current Liab26.1M29.2M53.9M29.3M2.1M2.0M
Total Current Liabilities650.7M1.8B1.7B1.1B1.2B748.7M
Total Stockholder Equity1.2B1.4B1.4B1.8B2.2B2.3B
Retained Earnings388.0M560.0M666.3M817.6M995.6M1.0B
Accounts Payable487.8M1.2B838.6M623.5M657.8M470.6M
Cash253.2M309.9M404.5M688.5M663.9M697.1M
Other Assets17.9M17.2M21.4M30.5M35.1M36.8M
Net Receivables462.3M674.2M587.7M406.2M580.7M335.5M
Short Term Investments195.9M160.6M4.4M4.9K5.7K5.4K
Inventory292.2M770.3M714.4M406.7M396.5M310.1M
Other Current Assets50.6M163.2M203.4M108.2M93.8M82.2M
Total Liab657.7M1.8B1.8B1.2B1.2B765.4M
Intangible Assets75.7M177.9M199.9M209.1M370.1M388.6M
Common Stock253.0M302.7M302.5M302.5M347.9M196.3M
Property Plant Equipment446.3M541.9M822.2M1.0B1.2B1.2B
Other Liab811.9K7.0M11.6M17.4M20.0M21.0M
Net Tangible Assets1.1B1.2B1.2B1.2B1.4B1.0B
Deferred Long Term Liab13.3M12.8M15.7M19.5M22.5M14.3M
Total Current Assets1.3B2.2B2.0B1.6B1.9B1.5B
Non Current Assets Total651.8M1.0B1.3B1.3B1.5B979.4M
Non Current Liabilities Total7.0M11.6M50.2M82.7M38.9M26.5M
Net Invested Capital1.3B1.9B2.2B2.1B2.4B1.8B
Net Working Capital603.5M374.5M246.8M517.1M683.6M522.9M
Short Long Term Debt60.6M460.5M723.4M327.8M251.6M334.8M

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Other Information on Investing in 603600 Stock

Balance Sheet is a snapshot of the financial position of UE Furniture at a specified time, usually calculated after every quarter, six months, or one year. UE Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UE Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 603600 currently owns. An asset can also be divided into two categories, current and non-current.