UCAR Total Liab vs Total Current Assets Analysis

UCAR Stock   6.17  0.01  0.16%   
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 Total Liab and its Total Current Assets 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.

Total Liab vs Total Current Assets

Total Liab vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Power Limited Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between U Power's Total Liab and Total Current Assets is -0.23. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets 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 Total Liab and Total Current 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 Total Liab of U Power Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., U Power's Total Liab and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 11/26/2024, 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.