UMAX Net Debt vs Other Current Liab Analysis

UMAX Stock  USD 0.0001  0.00  0.00%   
UMAX Group financial indicator trend analysis is much more than just breaking down UMAX Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UMAX Group Corp is a good investment. Please check the relationship between UMAX Group Net Debt and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMAX Group 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 nation.

Net Debt vs Other Current Liab

Net Debt vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UMAX Group Corp Net Debt account and Other Current Liab. At this time, the significance of the direction appears to have totally related.
The correlation between UMAX Group's Net Debt and Other Current Liab is 1.0. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of UMAX Group Corp, assuming nothing else is changed. The correlation between historical values of UMAX Group's Net Debt and Other Current Liab 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 Debt of UMAX Group Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Debt i.e., UMAX Group's Net Debt and Other Current Liab go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Current Liab

Most indicators from UMAX Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UMAX Group 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 UMAX Group 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 nation.
Sales General And Administrative To Revenue is likely to rise to 37.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 57.8 K in 2024.

UMAX Group fundamental ratios Correlations

0.86-0.310.410.94-0.180.231.00.23-0.070.250.330.25-0.72-0.72-0.70.25-0.70.74-0.250.740.25
0.86-0.050.440.89-0.22-0.040.87-0.04-0.030.30.060.3-0.78-0.78-0.760.3-0.760.8-0.310.80.3
-0.31-0.050.640.03-0.73-0.91-0.29-0.910.430.05-0.950.05-0.37-0.37-0.340.05-0.340.37-0.060.370.05
0.410.440.640.66-0.93-0.70.43-0.70.060.21-0.680.21-0.87-0.87-0.820.21-0.820.88-0.220.880.21
0.940.890.030.66-0.46-0.090.95-0.090.070.310.010.31-0.88-0.88-0.860.31-0.860.91-0.320.910.31
-0.18-0.22-0.73-0.93-0.460.84-0.20.84-0.06-0.40.76-0.40.70.70.72-0.40.72-0.740.39-0.74-0.4
0.23-0.04-0.91-0.7-0.090.840.221.0-0.08-0.340.95-0.340.440.440.48-0.340.48-0.470.33-0.47-0.34
1.00.87-0.290.430.95-0.20.220.22-0.060.260.320.26-0.73-0.73-0.710.26-0.710.75-0.260.750.26
0.23-0.04-0.91-0.7-0.090.841.00.22-0.08-0.340.95-0.340.440.440.48-0.340.48-0.470.33-0.47-0.34
-0.07-0.030.430.060.07-0.06-0.08-0.06-0.08-0.14-0.14-0.14-0.02-0.020.01-0.140.010.010.120.01-0.14
0.250.30.050.210.31-0.4-0.340.26-0.34-0.14-0.051.0-0.2-0.2-0.421.0-0.420.34-0.820.351.0
0.330.06-0.95-0.680.010.760.950.320.95-0.14-0.05-0.050.390.390.35-0.050.35-0.390.06-0.39-0.05
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.05-0.2-0.2-0.421.0-0.420.34-0.820.351.0
-0.72-0.78-0.37-0.87-0.880.70.44-0.730.44-0.02-0.20.39-0.21.00.96-0.20.96-0.970.35-0.97-0.2
-0.72-0.78-0.37-0.87-0.880.70.44-0.730.44-0.02-0.20.39-0.21.00.96-0.20.96-0.970.35-0.97-0.2
-0.7-0.76-0.34-0.82-0.860.720.48-0.710.480.01-0.420.35-0.420.960.96-0.421.0-0.940.58-0.95-0.42
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.051.0-0.2-0.2-0.42-0.420.34-0.820.351.0
-0.7-0.76-0.34-0.82-0.860.720.48-0.710.480.01-0.420.35-0.420.960.961.0-0.42-0.940.58-0.95-0.42
0.740.80.370.880.91-0.74-0.470.75-0.470.010.34-0.390.34-0.97-0.97-0.940.34-0.94-0.351.00.34
-0.25-0.31-0.06-0.22-0.320.390.33-0.260.330.12-0.820.06-0.820.350.350.58-0.820.58-0.35-0.36-0.82
0.740.80.370.880.91-0.74-0.470.75-0.470.010.35-0.390.35-0.97-0.97-0.950.35-0.951.0-0.360.35
0.250.30.050.210.31-0.4-0.340.26-0.34-0.141.0-0.051.0-0.2-0.2-0.421.0-0.420.34-0.820.35
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UMAX Group Account Relationship Matchups

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