603600 Other Liab vs Common Stock Analysis
603600 Stock | 11.59 0.15 1.31% |
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 Liab and its Common Stock 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 Liab vs Common Stock
Other Liab vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UE Furniture Other Liab account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between UE Furniture's Other Liab and Common Stock is 0.65. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock 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 Liab and Common Stock 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 Liab of UE Furniture Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Liab i.e., UE Furniture's Other Liab and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Liab
Common Stock
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 Income | 213.9M | 300.2M | 227.9M | 169.8M | Total Revenue | 4.7B | 4.1B | 3.5B | 2.4B |
UE Furniture fundamental ratios Correlations
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UE Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UE Furniture fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 3.2B | 3.2B | 3.0B | 3.4B | 1.8B | |
Other Current Liab | 26.1M | 29.2M | 53.9M | 29.3M | 2.1M | 2.0M | |
Total Current Liabilities | 650.7M | 1.8B | 1.7B | 1.1B | 1.2B | 748.7M | |
Total Stockholder Equity | 1.2B | 1.4B | 1.4B | 1.8B | 2.2B | 2.3B | |
Retained Earnings | 388.0M | 560.0M | 666.3M | 817.6M | 995.6M | 1.0B | |
Accounts Payable | 487.8M | 1.2B | 838.6M | 623.5M | 657.8M | 470.6M | |
Cash | 253.2M | 309.9M | 404.5M | 688.5M | 663.9M | 697.1M | |
Other Assets | 17.9M | 17.2M | 21.4M | 30.5M | 35.1M | 36.8M | |
Net Receivables | 462.3M | 674.2M | 587.7M | 406.2M | 580.7M | 335.5M | |
Short Term Investments | 195.9M | 160.6M | 4.4M | 4.9K | 5.7K | 5.4K | |
Inventory | 292.2M | 770.3M | 714.4M | 406.7M | 396.5M | 310.1M | |
Other Current Assets | 50.6M | 163.2M | 203.4M | 108.2M | 93.8M | 82.2M | |
Total Liab | 657.7M | 1.8B | 1.8B | 1.2B | 1.2B | 765.4M | |
Intangible Assets | 75.7M | 177.9M | 199.9M | 209.1M | 370.1M | 388.6M | |
Common Stock | 253.0M | 302.7M | 302.5M | 302.5M | 347.9M | 196.3M | |
Property Plant Equipment | 446.3M | 541.9M | 822.2M | 1.0B | 1.2B | 1.2B | |
Other Liab | 811.9K | 7.0M | 11.6M | 17.4M | 20.0M | 21.0M | |
Net Tangible Assets | 1.1B | 1.2B | 1.2B | 1.2B | 1.4B | 1.0B | |
Deferred Long Term Liab | 13.3M | 12.8M | 15.7M | 19.5M | 22.5M | 14.3M | |
Total Current Assets | 1.3B | 2.2B | 2.0B | 1.6B | 1.9B | 1.5B | |
Non Current Assets Total | 651.8M | 1.0B | 1.3B | 1.3B | 1.5B | 979.4M | |
Non Current Liabilities Total | 7.0M | 11.6M | 50.2M | 82.7M | 38.9M | 26.5M | |
Net Invested Capital | 1.3B | 1.9B | 2.2B | 2.1B | 2.4B | 1.8B | |
Net Working Capital | 603.5M | 374.5M | 246.8M | 517.1M | 683.6M | 522.9M | |
Short Long Term Debt | 60.6M | 460.5M | 723.4M | 327.8M | 251.6M | 334.8M |
Currently Active Assets on Macroaxis
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.