Urgently Total Current Liabilities vs Cash Analysis
| ULY Stock | 0.54 0.09 20.00% |
Urgently Common financial indicator trend analysis is much more than just breaking down Urgently Common Stock prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urgently Common Stock is a good investment. Please check the relationship between Urgently Common Total Current Liabilities and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urgently Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Current Liabilities vs Cash
Total Current Liabilities vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urgently Common Stock Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Urgently Common's Total Current Liabilities and Cash is -0.32. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of Urgently Common Stock, assuming nothing else is changed. The correlation between historical values of Urgently Common's Total Current Liabilities and Cash 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 Current Liabilities of Urgently Common Stock are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Urgently Common's Total Current Liabilities and Cash go up and down completely randomly.
Correlation Coefficient | -0.32 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Urgently Common balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Urgently Common Stock are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Cash
Cash refers to the most liquid asset of Urgently Common Stock, which is listed under current asset account on Urgently Common Stock balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Urgently Common customers. The amounts must be unrestricted with restricted cash listed in a different Urgently Common 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.Most indicators from Urgently Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urgently Common Stock 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 Urgently Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Urgently Common's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 0.66 in 2024, despite the fact that Tax Provision is likely to grow to (2 M).
| 2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 242K | 972K | 1.7M | 1.1M | Interest Income | 5K | 7K | 1K | 950.0 |
Urgently Common fundamental ratios Correlations
Click cells to compare fundamentals
Urgently Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Urgently Stock Analysis
When running Urgently Common's price analysis, check to measure Urgently Common'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 Urgently Common is operating at the current time. Most of Urgently Common's value examination focuses on studying past and present price action to predict the probability of Urgently Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urgently Common's price. Additionally, you may evaluate how the addition of Urgently Common to your portfolios can decrease your overall portfolio volatility.