UCAR Property Plant Equipment vs Short Term Investments Analysis

UCAR Stock   6.63  0.18  2.79%   
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 Property Plant Equipment and its Short Term Investments 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 closely tied with the direction of predictive economic indicators such as signals in nation.

Property Plant Equipment vs Short Term Investments

Property Plant Equipment vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Power Limited Property Plant Equipment account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between U Power's Property Plant Equipment and Short Term Investments is 0.83. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments 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 Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of U Power Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., U Power's Property Plant Equipment and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Short Term Investments

Short Term Investments is an item under the current assets section of U Power balance sheet. It contains any investments U Power Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that U Power Limited can easily liquidate in the marketplace.
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 closely tied with the direction of predictive economic indicators such as signals in nation.
As of 11/22/2024, Tax Provision is likely to drop to about 1.4 M. In addition to that, Selling General Administrative is likely to drop to about 35.9 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization5.2M7.7M8.3M6.2M
Interest Income437K49K562K296.8K

U Power fundamental ratios Correlations

0.650.260.580.83-0.540.420.040.51-0.560.41-0.480.720.850.690.51-0.480.820.890.72-0.140.580.40.820.880.51
0.650.220.750.35-0.950.75-0.30.84-0.920.79-0.810.930.850.930.53-0.810.880.890.990.190.750.450.780.930.7
0.260.220.81-0.27-0.450.780.840.67-0.480.73-0.710.540.180.560.93-0.720.20.140.290.870.810.960.680.240.84
0.580.750.810.05-0.880.980.380.96-0.890.97-0.970.930.660.940.96-0.970.690.630.790.691.00.930.930.720.99
0.830.35-0.270.05-0.11-0.13-0.27-0.01-0.11-0.120.050.270.610.25-0.050.060.550.710.4-0.660.03-0.170.380.64-0.05
-0.54-0.95-0.45-0.88-0.11-0.910.1-0.960.99-0.930.94-0.97-0.8-0.96-0.710.94-0.84-0.75-0.94-0.46-0.88-0.66-0.81-0.83-0.86
0.420.750.780.98-0.13-0.910.310.98-0.911.0-0.990.90.590.920.92-0.990.630.540.770.770.980.90.850.650.99
0.04-0.30.840.38-0.270.10.310.160.070.25-0.220.04-0.250.070.61-0.22-0.26-0.22-0.20.640.380.670.32-0.180.42
0.510.840.670.96-0.01-0.960.980.16-0.970.98-1.00.960.720.960.87-1.00.770.640.850.640.970.840.860.740.96
-0.56-0.92-0.48-0.89-0.110.99-0.910.07-0.97-0.920.95-0.97-0.83-0.95-0.740.95-0.87-0.72-0.91-0.46-0.89-0.69-0.81-0.81-0.87
0.410.790.730.97-0.12-0.931.00.250.98-0.92-0.990.910.60.930.89-0.990.650.560.80.750.970.870.840.660.97
-0.48-0.81-0.71-0.970.050.94-0.99-0.22-1.00.95-0.99-0.94-0.68-0.94-0.891.0-0.72-0.6-0.82-0.69-0.98-0.87-0.86-0.71-0.98
0.720.930.540.930.27-0.970.90.040.96-0.970.91-0.940.870.990.8-0.940.890.820.940.420.930.730.930.90.9
0.850.850.180.660.61-0.80.59-0.250.72-0.830.6-0.680.870.810.51-0.671.00.870.86-0.040.660.410.770.920.61
0.690.930.560.940.25-0.960.920.070.96-0.950.93-0.940.990.810.8-0.940.840.830.950.460.940.740.940.890.91
0.510.530.930.96-0.05-0.710.920.610.87-0.740.89-0.890.80.510.8-0.890.540.440.590.770.960.990.870.550.97
-0.48-0.81-0.72-0.970.060.94-0.99-0.22-1.00.95-0.991.0-0.94-0.67-0.94-0.89-0.72-0.6-0.82-0.7-0.98-0.87-0.86-0.7-0.98
0.820.880.20.690.55-0.840.63-0.260.77-0.870.65-0.720.891.00.840.54-0.720.870.890.010.690.430.780.930.64
0.890.890.140.630.71-0.750.54-0.220.64-0.720.56-0.60.820.870.830.44-0.60.870.93-0.090.620.330.820.990.55
0.720.990.290.790.4-0.940.77-0.20.85-0.910.8-0.820.940.860.950.59-0.820.890.930.210.780.50.850.960.74
-0.140.190.870.69-0.66-0.460.770.640.64-0.460.75-0.690.42-0.040.460.77-0.70.01-0.090.210.70.840.430.020.75
0.580.750.811.00.03-0.880.980.380.97-0.890.97-0.980.930.660.940.96-0.980.690.620.780.70.930.930.721.0
0.40.450.960.93-0.17-0.660.90.670.84-0.690.87-0.870.730.410.740.99-0.870.430.330.50.840.930.80.440.95
0.820.780.680.930.38-0.810.850.320.86-0.810.84-0.860.930.770.940.87-0.860.780.820.850.430.930.80.870.9
0.880.930.240.720.64-0.830.65-0.180.74-0.810.66-0.710.90.920.890.55-0.70.930.990.960.020.720.440.870.65
0.510.70.840.99-0.05-0.860.990.420.96-0.870.97-0.980.90.610.910.97-0.980.640.550.740.751.00.950.90.65
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U Power Account Relationship Matchups

Additional Tools for UCAR Stock Analysis

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.