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 From Continuing Ops and its Gross Profit 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 From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanfund Corp Net Income From Continuing Ops account and
Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Urbanfund Corp's Net Income From Continuing Ops and Gross Profit is 0.54. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit 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 From Continuing Ops and Gross Profit 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 From Continuing Ops of Urbanfund Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Urbanfund Corp's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Urbanfund Corp minus its cost of goods sold. It is profit before Urbanfund Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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
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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