Ucloudlink Interest Expense vs Income Tax Expense Analysis
UCL Stock | USD 1.20 0.03 2.56% |
Ucloudlink financial indicator trend analysis is much more than just breaking down Ucloudlink Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ucloudlink Group is a good investment. Please check the relationship between Ucloudlink Interest Expense and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucloudlink Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Interest Expense vs Income Tax Expense
Interest Expense vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ucloudlink Group Interest Expense account and Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ucloudlink's Interest Expense and Income Tax Expense is 0.9. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Ucloudlink Group, assuming nothing else is changed. The correlation between historical values of Ucloudlink's Interest Expense and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Ucloudlink Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Expense i.e., Ucloudlink's Interest Expense and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Income Tax Expense
Most indicators from Ucloudlink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ucloudlink Group 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 Ucloudlink Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Ucloudlink's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 25.8 M this year, although Enterprise Value will most likely fall to about 46.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.2M | 981K | 1.1M | 1.1M | Interest Income | 14K | 18K | 46K | 43.7K |
Ucloudlink fundamental ratios Correlations
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Ucloudlink Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ucloudlink fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 90.1M | 97.3M | 67.1M | 45.9M | 56.6M | 60.2M | |
Short Long Term Debt Total | 6.7M | 3.7M | 3.2M | 3.1M | 7.7M | 11.5M | |
Other Current Liab | 22.3M | 26.3M | 28.2M | 24.9M | 25.7M | 25.9M | |
Total Current Liabilities | 47.7M | 40.5M | 46.8M | 36.4M | 39.1M | 44.3M | |
Total Stockholder Equity | 19.5M | 56.4M | 20.1M | 9.3M | 16.1M | 17.2M | |
Net Tangible Assets | 18.9M | 55.4M | 19.1M | 8.5M | 9.8M | 16.3M | |
Property Plant And Equipment Net | 3.8M | 3.0M | 1.8M | 1.4M | 4.8M | 2.8M | |
Current Deferred Revenue | 1.9M | 889K | 1.6M | 1.1M | 1.4M | 1.5M | |
Net Debt | (30.7M) | (18.3M) | (4.7M) | (11.9M) | (15.7M) | (16.5M) | |
Retained Earnings | (100.1M) | (163.5M) | (209.5M) | (229.4M) | (226.6M) | (237.9M) | |
Accounts Payable | 16.7M | 8.7M | 13.0M | 6.8M | 5.3M | 8.4M | |
Cash | 37.3M | 22.0M | 7.9M | 14.9M | 23.4M | 21.8M | |
Non Current Assets Total | 4.8M | 25.3M | 18.0M | 4.6M | 7.6M | 11.1M | |
Non Currrent Assets Other | 964K | 2.1M | 1.3M | 688K | 228K | 216.6K | |
Cash And Short Term Investments | 37.5M | 41.4M | 20.7M | 26.8M | 31.0M | 27.8M | |
Net Receivables | 28.2M | 9.0M | 16.1M | 6.7M | 10.5M | 12.1M | |
Common Stock Shares Outstanding | 28.5M | 26.0M | 28.6M | 31.2M | 37.2M | 32.0M | |
Short Term Investments | 193K | 19.4M | 12.8M | 11.9M | 7.6M | 8.1M | |
Liabilities And Stockholders Equity | 90.1M | 97.3M | 67.1M | 45.9M | 56.6M | 60.2M | |
Non Current Liabilities Total | 23.0M | 321K | 262K | 204K | 1.4M | 1.4M | |
Inventory | 10.5M | 5.8M | 6.1M | 3.6M | 2.2M | 2.1M | |
Other Current Assets | 1.1M | 15.7M | 4.8M | 3.0M | 5.4M | 5.0M | |
Other Stockholder Equity | 95.8M | 220.3M | 230.0M | 236.8M | 240.1M | 187.7M | |
Total Liab | 70.6M | 40.9M | 47.0M | 36.6M | 40.6M | 47.7M | |
Net Invested Capital | 26.1M | 60.1M | 23.3M | 12.2M | 21.4M | 23.7M | |
Long Term Investments | 430K | 19.1M | 13.9M | 1.7M | 2.0M | 1.9M | |
Short Long Term Debt | 6.7M | 3.7M | 3.2M | 2.9M | 5.3M | 4.1M | |
Total Current Assets | 85.3M | 71.9M | 49.1M | 41.3M | 49.0M | 52.1M | |
Accumulated Other Comprehensive Income | 706K | (429K) | (446K) | 1.9M | 2.5M | 2.6M | |
Net Working Capital | 37.6M | 31.4M | 2.3M | 4.9M | 9.9M | 9.4M | |
Short Term Debt | 6.7M | 3.7M | 3.2M | 3.2M | 6.4M | 4.3M | |
Intangible Assets | 602K | 1.0M | 1.0M | 802K | 652K | 766.2K | |
Property Plant Equipment | 3.8M | 3.0M | 1.8M | 1.4M | 1.2M | 1.2M |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucloudlink Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ucloudlink. If investors know Ucloudlink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ucloudlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 0.17 | Revenue Per Share 2.3 | Quarterly Revenue Growth 0.017 | Return On Assets 0.0837 |
The market value of Ucloudlink Group is measured differently than its book value, which is the value of Ucloudlink that is recorded on the company's balance sheet. Investors also form their own opinion of Ucloudlink's value that differs from its market value or its book value, called intrinsic value, which is Ucloudlink's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ucloudlink's market value can be influenced by many factors that don't directly affect Ucloudlink's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ucloudlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ucloudlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ucloudlink's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.