| CUE Stock | | | 0.09 0.01 5.88% |
CUE Energy financial indicator trend analysis is way more than just evaluating CUE Energy Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CUE Energy Resources is a good investment. Please check the relationship between CUE Energy Net Receivables and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CUE Energy Resources. 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.
Net Receivables vs Total Assets
Net Receivables vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CUE Energy Resources Net Receivables account and
Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between CUE Energy's Net Receivables and Total Assets is 0.35. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of CUE Energy Resources, assuming nothing else is changed. The correlation between historical values of CUE Energy's Net Receivables and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of CUE Energy Resources are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., CUE Energy's Net Receivables and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Receivables
Total Assets
Total assets refers to the total amount of CUE Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CUE Energy Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from CUE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CUE Energy Resources 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 CUE Energy Resources. 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.
At this time, CUE Energy's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 11.7
M in 2024, despite the fact that
Discontinued Operations is likely to grow to (2
M).
CUE Energy fundamental ratios Correlations
Click cells to compare fundamentals
CUE Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CUE Energy fundamental ratios Accounts
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Additional Tools for CUE Stock Analysis
When running CUE Energy's price analysis, check to
measure CUE Energy'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 CUE Energy is operating at the current time. Most of CUE Energy's value examination focuses on studying past and present price action to
predict the probability of CUE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CUE Energy's price. Additionally, you may evaluate how the addition of CUE Energy to your portfolios can decrease your overall portfolio volatility.