| 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 Net Income and its Other Operating Expenses 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.
Net Income vs Other Operating Expenses
Net Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanfund Corp Net Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Urbanfund Corp's Net Income and Other Operating Expenses is 0.49. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses 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 Net Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Urbanfund Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., Urbanfund Corp's Net Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.49 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Urbanfund Corp financial statement analysis. It represents the amount of money remaining after all of Urbanfund Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Urbanfund Corp. It is also known as Urbanfund Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.
Urbanfund Corp fundamental ratios Correlations
Click cells to compare fundamentals
Urbanfund Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urbanfund Corp fundamental ratios Accounts
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Additional Tools for Urbanfund Stock Analysis
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measure Urbanfund Corp'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 Urbanfund Corp is operating at the current time. Most of Urbanfund Corp's value examination focuses on studying past and present price action to
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