Urbanfund Income Tax Expense vs Ebit Analysis
UFC Stock | CAD 0.83 0.01 1.19% |
Urbanfund Corp financial indicator trend analysis is much more than just breaking down Urbanfund Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbanfund Corp is a good investment. Please check the relationship between Urbanfund Corp Income Tax Expense and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urbanfund Corp. 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.
Income Tax Expense vs Ebit
Income Tax Expense vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urbanfund Corp Income Tax Expense account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Urbanfund Corp's Income Tax Expense and Ebit is -0.39. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebit in the same time period over historical financial statements of Urbanfund Corp, assuming nothing else is changed. The correlation between historical values of Urbanfund Corp's Income Tax Expense and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Urbanfund Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Tax Expense i.e., Urbanfund Corp's Income Tax Expense and Ebit go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Tax Expense
Ebit
Most indicators from Urbanfund Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbanfund Corp 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 Urbanfund Corp. 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, Urbanfund Corp's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.08 in 2024, whereas Selling General Administrative is likely to drop slightly above 477.8 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.4M | 9.9M | 5.1M | 5.4M | Total Revenue | 6.5M | 23.8M | 8.6M | 4.7M |
Urbanfund Corp fundamental ratios Correlations
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Urbanfund Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbanfund Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 92.1M | 124.1M | 144.5M | 150.8M | 155.4M | 163.2M | |
Total Stockholder Equity | 49.7M | 57.4M | 66.5M | 71.7M | 75.9M | 79.7M | |
Net Debt | 24.4M | 48.0M | 55.4M | 52.1M | 61.5M | 64.6M | |
Cash | 7.3M | 6.5M | 10.4M | 13.0M | 3.6M | 3.7M | |
Cash And Short Term Investments | 7.3M | 6.8M | 10.6M | 13.2M | 3.6M | 4.9M | |
Common Stock Shares Outstanding | 54.0M | 55.9M | 57.9M | 58.9M | 59.8M | 38.7M | |
Liabilities And Stockholders Equity | 92.1M | 124.1M | 144.5M | 150.8M | 155.4M | 163.2M | |
Other Current Assets | (7.4M) | 278.7K | 1.1M | 316.6K | 223.6K | 251.3K | |
Total Current Assets | 12.3M | 16.4M | 22.2M | 25.0M | 20.6M | 21.6M | |
Short Long Term Debt Total | 31.7M | 54.5M | 65.8M | 65.1M | 65.1M | 68.4M | |
Other Current Liab | (25.6M) | (30.0M) | 382.6K | 948.7K | 11.5K | 12.1K | |
Total Current Liabilities | 4.5M | 30.3M | 12.7M | 15.8M | 12.1M | 12.7M | |
Retained Earnings | 36.7M | 43.1M | 50.8M | 55.2M | 58.5M | 61.5M | |
Accounts Payable | 2.7M | 4.2M | 1.9M | 1.6M | 1.5M | 1.0M | |
Other Stockholder Equity | 11.9M | 13.2M | 14.6M | 15.4M | 16.2M | 17.0M | |
Total Liab | 41.5M | 65.9M | 76.8M | 77.6M | 77.7M | 81.6M | |
Short Term Debt | 31.7M | 25.5M | 10.4M | 12.8M | 10.1M | 10.3M | |
Non Current Assets Total | 79.8M | 107.7M | 122.3M | 125.8M | 134.9M | 141.6M | |
Non Current Liabilities Total | 37.0M | 35.5M | 64.1M | 61.9M | 65.6M | 68.9M | |
Net Receivables | 1.7M | 984.1K | 1.2M | 912.3K | 5.7M | 6.0M | |
Non Currrent Assets Other | (24.9M) | (32.0M) | (42.9M) | (46.3M) | (48.2M) | (45.7M) | |
Accumulated Other Comprehensive Income | (11.9M) | (13.2M) | (14.6M) | (15.4M) | (16.2M) | (15.4M) | |
Current Deferred Revenue | 147.5K | 194.7K | 455.2K | 442.2K | 450.4K | 240.0K | |
Other Liab | 5.5M | 6.7M | 9.1M | 10.0M | 11.5M | 12.1M | |
Net Tangible Assets | 48.6M | 56.3M | 65.4M | 70.6M | 81.1M | 46.8M | |
Long Term Debt | 31.7M | 29.0M | 55.4M | 52.3M | 55.0M | 36.7M | |
Long Term Investments | 12.6M | 15.6M | 20.7M | 21.3M | 27.6M | 29.0M | |
Common Stock | 11.9M | 13.2M | 14.6M | 15.4M | 16.2M | 13.2M | |
Property Plant Equipment | 67.2M | 92.1M | 101.5M | 104.4M | 120.1M | 73.4M | |
Inventory | 10.6M | 8.3M | 9.3M | 10.5M | 11.0M | 6.8M | |
Net Invested Capital | 80.3M | 110.8M | 131.1M | 135.6M | 139.9M | 116.5M | |
Net Working Capital | 8.0M | (13.7M) | 10.0M | 9.2M | 8.5M | 5.1M | |
Capital Stock | 13.0M | 14.3M | 15.7M | 16.5M | 17.3M | 16.3M |
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