Urban Cash vs Net Receivables Analysis

UGRO Stock

USD 1.54 0.10 6.10%

Urban Gro financial indicator trend analysis is much more than just breaking down Urban Gro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urban Gro is a good investment. Please check the relationship between Urban Gro Cash and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urban Gro Cash account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Urban Gro's Cash and Net Receivables is 0.21. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Urban Gro, assuming nothing else is changed. The correlation between historical values of Urban Gro's Cash and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Urban Gro are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Urban Gro's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Urban Gro, which is listed under current asset account on Urban Gro balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Urban Gro customers. The amounts must be unrestricted with restricted cash listed in a different Urban Gro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Urban Gro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urban Gro 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 Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.At this time, Urban Gro's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value is likely to grow to about 33.9 M, while Selling General Administrative is likely to drop about 13.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	14.8M	14.2M	10.3M	8.6M
Total Revenue	62.1M	66.3M	71.5M	39.8M

Gross Profit Total Revenue

Urban Gro fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Investments	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total
Total Assets		0.91	0.91	0.89	0.9	-0.87	0.81	0.64	0.89	0.73	0.87	-0.8	0.77	0.91	0.47	0.93	0.26	-0.63	0.79	0.43	0.88	0.1	0.84	0.87	-0.54	0.9
Other Current Liab	0.91		0.74	0.94	0.95	-0.67	0.58	0.84	0.75	0.63	0.66	-0.6	0.89	0.74	0.4	0.99	0.08	-0.6	0.5	0.61	0.65	-0.16	0.58	0.96	-0.77	0.78
Total Current Liabilities	0.91	0.74		0.62	0.68	-0.98	0.95	0.32	0.9	0.83	0.96	-0.82	0.58	1.0	0.57	0.76	0.48	-0.7	0.89	0.18	0.87	0.33	0.86	0.7	-0.2	0.81
Total Stockholder Equity	0.89	0.94	0.62		0.95	-0.57	0.47	0.87	0.68	0.49	0.58	-0.6	0.84	0.63	0.29	0.96	-0.01	-0.44	0.49	0.65	0.69	-0.17	0.61	0.88	-0.82	0.83
Net Tangible Assets	0.9	0.95	0.68	0.95		-0.59	0.57	0.84	0.68	0.47	0.66	-0.59	0.85	0.68	0.23	0.94	-0.11	-0.4	0.49	0.53	0.64	-0.3	0.57	0.95	-0.81	0.72
Retained Earnings	-0.87	-0.67	-0.98	-0.57	-0.59		-0.93	-0.23	-0.9	-0.83	-0.95	0.85	-0.49	-0.99	-0.6	-0.7	-0.59	0.7	-0.93	-0.15	-0.9	-0.47	-0.9	-0.61	0.09	-0.85
Accounts Payable	0.81	0.58	0.95	0.47	0.57	-0.93		0.09	0.76	0.65	0.99	-0.78	0.32	0.94	0.32	0.6	0.34	-0.51	0.94	-0.12	0.86	0.29	0.89	0.53	0.0	0.74
Cash	0.64	0.84	0.32	0.87	0.84	-0.23	0.09		0.46	0.36	0.21	-0.29	0.92	0.32	0.29	0.82	-0.14	-0.37	0.05	0.85	0.29	-0.4	0.18	0.85	-0.98	0.48
Other Assets	0.89	0.75	0.9	0.68	0.68	-0.9	0.76	0.46		0.78	0.82	-0.86	0.72	0.91	0.72	0.79	0.58	-0.67	0.76	0.36	0.81	0.47	0.77	0.77	-0.3	0.81
Long Term Debt	0.73	0.63	0.83	0.49	0.47	-0.83	0.65	0.36	0.78		0.66	-0.57	0.62	0.83	0.85	0.64	0.73	-0.93	0.63	0.49	0.64	0.4	0.61	0.58	-0.21	0.65
Net Receivables	0.87	0.66	0.96	0.58	0.66	-0.95	0.99	0.21	0.82	0.66		-0.82	0.42	0.96	0.35	0.69	0.33	-0.52	0.94	-0.02	0.91	0.28	0.92	0.62	-0.11	0.81
Inventory	-0.8	-0.6	-0.82	-0.6	-0.59	0.85	-0.78	-0.29	-0.86	-0.57	-0.82		-0.5	-0.83	-0.51	-0.66	-0.46	0.37	-0.78	-0.2	-0.81	-0.44	-0.8	-0.61	0.17	-0.79
Other Current Assets	0.77	0.89	0.58	0.84	0.85	-0.49	0.32	0.92	0.72	0.62	0.42	-0.5		0.58	0.58	0.88	0.16	-0.6	0.24	0.82	0.42	-0.13	0.33	0.94	-0.84	0.57
Total Liab	0.91	0.74	1.0	0.63	0.68	-0.99	0.94	0.32	0.91	0.83	0.96	-0.83	0.58		0.57	0.76	0.49	-0.7	0.9	0.18	0.89	0.34	0.88	0.7	-0.2	0.83
Short Long Term Debt	0.47	0.4	0.57	0.29	0.23	-0.6	0.32	0.29	0.72	0.85	0.35	-0.51	0.58	0.57		0.43	0.88	-0.75	0.35	0.56	0.37	0.59	0.33	0.45	-0.12	0.42
Total Current Assets	0.93	0.99	0.76	0.96	0.94	-0.7	0.6	0.82	0.79	0.64	0.69	-0.66	0.88	0.76	0.43		0.14	-0.58	0.56	0.61	0.71	-0.08	0.64	0.95	-0.74	0.84
Short Term Debt	0.26	0.08	0.48	-0.01	-0.11	-0.59	0.34	-0.14	0.58	0.73	0.33	-0.46	0.16	0.49	0.88	0.14		-0.64	0.45	0.2	0.39	0.86	0.39	0.07	0.32	0.37
Common Stock	-0.63	-0.6	-0.7	-0.44	-0.4	0.7	-0.51	-0.37	-0.67	-0.93	-0.52	0.37	-0.6	-0.7	-0.75	-0.58	-0.64		-0.51	-0.5	-0.52	-0.35	-0.49	-0.51	0.22	-0.56
Property Plant Equipment	0.79	0.5	0.89	0.49	0.49	-0.93	0.94	0.05	0.76	0.63	0.94	-0.78	0.24	0.9	0.35	0.56	0.45	-0.51		-0.08	0.96	0.46	0.98	0.4	0.07	0.85
Long Term Investments	0.43	0.61	0.18	0.65	0.53	-0.15	-0.12	0.85	0.36	0.49	-0.02	-0.2	0.82	0.18	0.56	0.61	0.2	-0.5	-0.08		0.14	-0.14	0.04	0.61	-0.79	0.35
Intangible Assets	0.88	0.65	0.87	0.69	0.64	-0.9	0.86	0.29	0.81	0.64	0.91	-0.81	0.42	0.89	0.37	0.71	0.39	-0.52	0.96	0.14		0.38	0.99	0.55	-0.17	0.94
Short Long Term Debt Total	0.1	-0.16	0.33	-0.17	-0.3	-0.47	0.29	-0.4	0.47	0.4	0.28	-0.44	-0.13	0.34	0.59	-0.08	0.86	-0.35	0.46	-0.14	0.38		0.41	-0.17	0.57	0.3
Property Plant And Equipment Net	0.84	0.58	0.86	0.61	0.57	-0.9	0.89	0.18	0.77	0.61	0.92	-0.8	0.33	0.88	0.33	0.64	0.39	-0.49	0.98	0.04	0.99	0.41		0.47	-0.07	0.91
Current Deferred Revenue	0.87	0.96	0.7	0.88	0.95	-0.61	0.53	0.85	0.77	0.58	0.62	-0.61	0.94	0.7	0.45	0.95	0.07	-0.51	0.4	0.61	0.55	-0.17	0.47		-0.79	0.66
Net Debt	-0.54	-0.77	-0.2	-0.82	-0.81	0.09	0.0	-0.98	-0.3	-0.21	-0.11	0.17	-0.84	-0.2	-0.12	-0.74	0.32	0.22	0.07	-0.79	-0.17	0.57	-0.07	-0.79		-0.36
Non Current Assets Total	0.9	0.78	0.81	0.83	0.72	-0.85	0.74	0.48	0.81	0.65	0.81	-0.79	0.57	0.83	0.42	0.84	0.37	-0.56	0.85	0.35	0.94	0.3	0.91	0.66	-0.36

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Urban Gro Account Relationship Matchups

Urban Gro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4M	8.2M	74.2M	62.1M	64.4M	67.6M
Other Current Liab	1.7M	1.2M	17.4M	8.1M	11.1M	6.1M
Total Current Liabilities	12.3M	14.5M	25.0M	24.3M	42.1M	44.2M
Total Stockholder Equity	(5.0M)	(7.4M)	48.2M	34.7M	20.1M	11.6M
Net Tangible Assets	(6.0M)	(8.4M)	38.6M	13.7M	15.8M	16.6M
Retained Earnings	(16.9M)	(22.0M)	(22.8M)	(38.1M)	(56.8M)	(54.0M)
Accounts Payable	3.8M	654.0K	6.1M	10.0M	25.4M	26.7M
Cash	448.7K	184.5K	34.6M	12.0M	1.1M	1.1M
Other Assets	13.6K	32.9K	20.0K	1.9M	2.2M	2.3M
Net Receivables	1.6M	976.7K	13.1M	18.4M	37.1M	38.9M
Inventory	676.2K	537.1K	514.8K	320.4K	228.9K	217.4K
Other Current Assets	1.3M	3.5M	11.2M	3.8M	2.5M	3.3M
Total Liab	12.4M	15.6M	26.0M	27.3M	44.3M	46.5M
Short Long Term Debt	3.5M	3.8M	7.1M	3.8M	3.2M	3.5M
Total Current Assets	4.0M	5.2M	59.5M	34.6M	41.0M	21.2M
Short Term Debt	3.9M	7.2M	152.5K	4.4M	3.9M	3.3M
Common Stock	28.2K	4.7K	11.6K	12.2K	13.5K	12.8K
Property Plant Equipment	380.9K	218.3K	207.5K	3.9M	4.5M	4.7M
Long Term Investments	1.3M	2.0M	1.7M	4.2M	2.6M	0.0
Short Long Term Debt Total	4.0M	8.2M	694.5K	6.5M	5.3M	5.2M
Property Plant And Equipment Net	377.9K	215.3K	897.2K	3.9M	3.5M	3.6M
Current Deferred Revenue	2.9M	4.9M	13.3M	5.8M	8.1M	7.0M
Net Debt	3.6M	8.1M	(33.9M)	(5.5M)	4.2M	4.4M
Non Current Assets Total	3.4M	2.9M	14.7M	27.5M	23.4M	13.5M
Non Currrent Assets Other	106.2K	84.5K	2.0	(27.5M)	(1.0)	(1.05)
Cash And Short Term Investments	448.7K	184.5K	34.6M	12.0M	1.1M	1.1M
Common Stock Shares Outstanding	4.4M	4.8M	10.0M	10.6M	11.3M	8.4M
Liabilities And Stockholders Equity	7.4M	8.2M	74.2M	62.1M	64.4M	40.7M
Non Current Liabilities Total	98.8K	1.0M	982.6K	3.1M	2.2M	1.4M
Capital Lease Obligations	222.2K	88.9K	694.5K	2.6M	2.1M	1.1M
Other Stockholder Equity	11.9M	14.6M	71.0M	72.8M	76.9M	46.2M
Net Invested Capital	(1.2M)	740.4K	48.2M	38.6M	23.3M	20.0M
Property Plant And Equipment Gross	165.0K	129.4K	1.4M	3.9M	4.6M	4.8M
Capital Stock	28.2K	4.7K	11.6K	12.2K	13.5K	12.7K
Net Working Capital	(8.3M)	(9.3M)	34.5M	10.3M	(1.2M)	(1.1M)

Pair Trading with Urban Gro

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Urban Gro position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Urban Gro will appreciate offsetting losses from the drop in the long position's value.

Moving against Urban Stock

0.65	TWI	Titan International	Pair Corr
0.58	WNC	Wabash National	Pair Corr
0.58	ARTW	Arts Way Manufacturing	Pair Corr
0.37	NKLA	Nikola Corp	Pair Corr

The ability to find closely correlated positions to Urban Gro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Gro when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Urban Gro - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Urban Gro to buy it.

The correlation of Urban Gro is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Urban Gro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Gro moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Urban Gro can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Urban Gro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Urban Gro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Urban Gro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Urban Gro Stock:

How To Invest In Urban

Details

Is Urban Stock a good investment?

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What is Urban Gro's Net Worth?

Details

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Industrial Machinery & Supplies & Components 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 Urban Gro. If investors know Urban 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 Urban Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.36)

Revenue Per Share

6.067

Quarterly Revenue Growth

(0.07)

Return On Assets

(0.14)

Return On Equity

(0.64)

The market value of Urban Gro is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro'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 Urban Gro's market value can be influenced by many factors that don't directly affect Urban Gro'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 Urban Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Urban Cash vs Net Receivables Analysis

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash

Net Receivables

Urban Gro fundamental ratios Correlations

Urban Gro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Urban Gro fundamental ratios Accounts

Pair Trading with Urban Gro

Moving against Urban Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Accounts Payable
Property Plant And Equipment Net	+ 0.99	Intangible Assets
Property Plant And Equipment Net	+ 0.98	Property Plant Equipment
Current Deferred Revenue	+ 0.96	Other Current Liab

Total Liab	- 0.99	Retained Earnings
Net Debt	- 0.98	Cash
Retained Earnings	- 0.98	Total Current Liabilities
Net Receivables	- 0.95	Retained Earnings
Common Stock	- 0.93	Long Term Debt
Property Plant Equipment	- 0.93	Retained Earnings