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 Total Operating Expenses and its Minority Interest 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.
Total Operating Expenses vs Minority Interest
Total Operating Expenses vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Urbanfund Corp Total Operating Expenses account and
Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Urbanfund Corp's Total Operating Expenses and Minority Interest is -0.26. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Minority Interest 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 Total Operating Expenses and Minority Interest 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 Operating Expenses of Urbanfund Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Operating Expenses i.e., Urbanfund Corp's Total Operating Expenses and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Urbanfund Corp whose combined shares represent less than 50% of the total outstanding shares issued by Urbanfund Corp have a minority interest in Urbanfund Corp.
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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