CUE Total Stockholder Equity vs Inventory Analysis

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 Total Stockholder Equity and its Inventory 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.

Total Stockholder Equity vs Inventory

Total Stockholder Equity vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CUE Energy Resources Total Stockholder Equity account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CUE Energy's Total Stockholder Equity and Inventory is 0.54. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Inventory 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 Total Stockholder Equity and Inventory 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 Stockholder Equity of CUE Energy Resources are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Stockholder Equity i.e., CUE Energy's Total Stockholder Equity and Inventory go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Inventory

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).
 2023 2024 (projected)
Reconciled Depreciation6.4M6.7M
Interest Income297.9K270.1K

CUE Energy fundamental ratios Correlations

0.0-0.040.790.970.970.0-0.760.520.810.790.98-0.410.790.350.450.450.54-0.240.110.730.930.830.10.450.5
0.00.080.18-0.18-0.060.10.3-0.07-0.19-0.170.040.24-0.170.45-0.07-0.05-0.08-0.13-0.680.5-0.08-0.090.14-0.060.46
-0.040.080.27-0.020.01-0.57-0.220.190.220.2-0.11-0.280.2-0.440.020.08-0.270.28-0.21-0.07-0.020.14-0.270.08-0.42
0.790.180.270.730.8-0.19-0.590.410.90.630.78-0.180.630.120.390.430.36-0.18-0.050.680.770.630.080.430.32
0.97-0.18-0.020.730.97-0.11-0.790.630.840.790.95-0.460.790.20.320.340.54-0.230.240.530.950.80.10.340.33
0.97-0.060.010.80.97-0.15-0.680.630.870.690.98-0.40.690.240.320.320.56-0.270.160.610.980.710.120.320.36
0.00.1-0.57-0.19-0.11-0.150.04-0.66-0.280.02-0.010.340.020.380.420.360.29-0.34-0.30.31-0.140.05-0.30.370.69
-0.760.3-0.22-0.59-0.79-0.680.04-0.45-0.69-0.99-0.640.6-0.99-0.05-0.43-0.47-0.150.22-0.16-0.42-0.62-0.930.15-0.47-0.15
0.52-0.070.190.410.630.63-0.66-0.450.60.430.54-0.420.43-0.17-0.41-0.370.03-0.110.220.00.620.340.22-0.38-0.28
0.81-0.190.220.90.840.87-0.28-0.690.60.680.81-0.260.68-0.090.270.310.4-0.190.180.430.860.620.00.310.08
0.79-0.170.20.630.790.690.02-0.990.430.680.67-0.571.00.120.430.470.18-0.260.080.490.630.95-0.130.470.26
0.980.04-0.110.780.950.98-0.01-0.640.540.810.67-0.320.670.360.370.350.59-0.330.10.710.960.70.140.360.5
-0.410.24-0.28-0.18-0.46-0.40.340.6-0.42-0.26-0.57-0.32-0.57-0.27-0.14-0.170.040.12-0.13-0.11-0.3-0.580.1-0.170.07
0.79-0.170.20.630.790.690.02-0.990.430.681.00.67-0.570.120.430.470.18-0.260.080.490.630.95-0.130.470.26
0.350.45-0.440.120.20.240.38-0.05-0.17-0.090.120.36-0.270.120.430.410.16-0.37-0.260.640.170.280.140.420.66
0.45-0.070.020.390.320.320.42-0.43-0.410.270.430.37-0.140.430.430.980.340.0-0.10.640.290.56-0.230.980.48
0.45-0.050.080.430.340.320.36-0.47-0.370.310.470.35-0.170.470.410.980.30.02-0.120.610.30.6-0.241.00.44
0.54-0.08-0.270.360.540.560.29-0.150.030.40.180.590.040.180.160.340.3-0.10.140.360.660.260.060.310.51
-0.24-0.130.28-0.18-0.23-0.27-0.340.22-0.11-0.19-0.26-0.330.12-0.26-0.370.00.02-0.10.19-0.2-0.26-0.080.140.02-0.24
0.11-0.68-0.21-0.050.240.16-0.3-0.160.220.180.080.1-0.130.08-0.26-0.1-0.120.140.19-0.310.160.070.63-0.12-0.28
0.730.5-0.070.680.530.610.31-0.420.00.430.490.71-0.110.490.640.640.610.36-0.2-0.310.530.620.070.610.79
0.93-0.08-0.020.770.950.98-0.14-0.620.620.860.630.96-0.30.630.170.290.30.66-0.260.160.530.640.10.30.32
0.83-0.090.140.630.80.710.05-0.930.340.620.950.7-0.580.950.280.560.60.26-0.080.070.620.64-0.050.60.4
0.10.14-0.270.080.10.12-0.30.150.220.0-0.130.140.1-0.130.14-0.23-0.240.060.140.630.070.1-0.05-0.240.07
0.45-0.060.080.430.340.320.37-0.47-0.380.310.470.36-0.170.470.420.981.00.310.02-0.120.610.30.6-0.240.44
0.50.46-0.420.320.330.360.69-0.15-0.280.080.260.50.070.260.660.480.440.51-0.24-0.280.790.320.40.070.44
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CUE Energy Account Relationship Matchups

CUE Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.2M56.1M106.9M118.0M113.3M96.6M
Other Current Liab239K(1.2M)6.5M(4.4M)(2.8M)(2.7M)
Total Current Liabilities4.6M5.4M15.5M13.2M6.3M9.6M
Total Stockholder Equity43.6M29.9M47.9M64.2M64.9M68.8M
Property Plant And Equipment Net18.8M22.3M58.6M66.9M67.8M54.2M
Current Deferred Revenue2.3M2.1M1.5M822K3.0M3.2M
Net Debt(31.8M)(17.4M)(16.1M)(11.2M)(16.0M)(16.8M)
Retained Earnings(108.9M)(121.7M)(105.6M)(94.6M)(141.7M)(134.6M)
Accounts Payable1.9M2.3M4.7M3.9M3.0M4.9M
Cash31.9M17.6M23.2M15.2M16.3M22.3M
Non Current Assets Total32.0M30.7M73.7M85.6M86.5M66.4M
Non Currrent Assets Other10.3M(22.3M)2.0M518K6.1M6.4M
Cash And Short Term Investments31.9M17.6M23.2M15.2M16.3M22.3M
Net Receivables4.6M7.2M8.6M13.6M7.9M5.1M
Liabilities And Stockholders Equity69.2M56.1M106.9M118.0M113.3M98.3M
Inventory458K437K1.2M1.2M2.4M2.5M
Other Current Assets149K106K175K2.3M200K190K
Total Liab25.6M26.2M59.0M53.8M48.4M27.8M
Property Plant And Equipment Gross23.4M22.3M60.5M67.0M67.8M62.4M
Total Current Assets37.1M25.4M33.2M32.4M26.8M29.8M
Accumulated Other Comprehensive Income83.0K(815K)1.1M6.4M54.1M56.8M
Non Current Liabilities Total21.0M20.8M43.5M40.6M42.1M44.2M
Other Assets8.6M8.4M13.2M12.7M14.6M15.3M
Other Liab21.0M20.7M36.5M40.5M46.6M48.9M
Property Plant Equipment23.4M22.3M60.5M67.0M77.0M68.2M
Net Tangible Assets43.6M29.9M47.9M64.2M57.8M55.9M
Long Term Debt Total16K145K7.0M45K51.8K49.2K
Net Invested Capital43.6M29.9M54.8M68.1M64.9M49.8M
Cash And Equivalents19.9M17.6M23.2M15.2M17.5M18.9M
Net Working Capital32.6M20.1M17.7M19.1M20.5M22.3M

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