UMAX Non Current Assets Total vs Short Term Debt 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 Non Current Assets Total and its Short Term Debt 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.

Non Current Assets Total vs Short Term Debt

Non Current Assets Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UMAX Group Corp Non Current Assets Total account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between UMAX Group's Non Current Assets Total and Short Term Debt is 0.44. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Term Debt 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 Non Current Assets Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of UMAX Group Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Current Assets Total i.e., UMAX Group's Non Current Assets Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Debt

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

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets	Other Stockholder Equity	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Short Term Investments	Non Current Liabilities Total	Net Invested Capital	Non Current Liabilities Other	Net Working Capital	Net Debt
Total Assets		0.86	-0.31	0.41	0.94	-0.18	0.23	1.0	0.23	-0.07	0.25	0.33	0.25	-0.72	-0.72	-0.7	0.25	-0.7	0.74	-0.25	0.74	0.25
Total Stockholder Equity	0.86		-0.05	0.44	0.89	-0.22	-0.04	0.87	-0.04	-0.03	0.3	0.06	0.3	-0.78	-0.78	-0.76	0.3	-0.76	0.8	-0.31	0.8	0.3
Net Tangible Assets	-0.31	-0.05		0.64	0.03	-0.73	-0.91	-0.29	-0.91	0.43	0.05	-0.95	0.05	-0.37	-0.37	-0.34	0.05	-0.34	0.37	-0.06	0.37	0.05
Retained Earnings	0.41	0.44	0.64		0.66	-0.93	-0.7	0.43	-0.7	0.06	0.21	-0.68	0.21	-0.87	-0.87	-0.82	0.21	-0.82	0.88	-0.22	0.88	0.21
Cash	0.94	0.89	0.03	0.66		-0.46	-0.09	0.95	-0.09	0.07	0.31	0.01	0.31	-0.88	-0.88	-0.86	0.31	-0.86	0.91	-0.32	0.91	0.31
Total Liab	-0.18	-0.22	-0.73	-0.93	-0.46		0.84	-0.2	0.84	-0.06	-0.4	0.76	-0.4	0.7	0.7	0.72	-0.4	0.72	-0.74	0.39	-0.74	-0.4
Short Long Term Debt	0.23	-0.04	-0.91	-0.7	-0.09	0.84		0.22	1.0	-0.08	-0.34	0.95	-0.34	0.44	0.44	0.48	-0.34	0.48	-0.47	0.33	-0.47	-0.34
Total Current Assets	1.0	0.87	-0.29	0.43	0.95	-0.2	0.22		0.22	-0.06	0.26	0.32	0.26	-0.73	-0.73	-0.71	0.26	-0.71	0.75	-0.26	0.75	0.26
Short Term Debt	0.23	-0.04	-0.91	-0.7	-0.09	0.84	1.0	0.22		-0.08	-0.34	0.95	-0.34	0.44	0.44	0.48	-0.34	0.48	-0.47	0.33	-0.47	-0.34
Common Stock	-0.07	-0.03	0.43	0.06	0.07	-0.06	-0.08	-0.06	-0.08		-0.14	-0.14	-0.14	-0.02	-0.02	0.01	-0.14	0.01	0.01	0.12	0.01	-0.14
Other Current Assets	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14		-0.05	1.0	-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35	1.0
Other Stockholder Equity	0.33	0.06	-0.95	-0.68	0.01	0.76	0.95	0.32	0.95	-0.14	-0.05		-0.05	0.39	0.39	0.35	-0.05	0.35	-0.39	0.06	-0.39	-0.05
Other Current Liab	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05		-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35	1.0
Non Current Assets Total	-0.72	-0.78	-0.37	-0.87	-0.88	0.7	0.44	-0.73	0.44	-0.02	-0.2	0.39	-0.2		1.0	0.96	-0.2	0.96	-0.97	0.35	-0.97	-0.2
Non Currrent Assets Other	-0.72	-0.78	-0.37	-0.87	-0.88	0.7	0.44	-0.73	0.44	-0.02	-0.2	0.39	-0.2	1.0		0.96	-0.2	0.96	-0.97	0.35	-0.97	-0.2
Long Term Debt	-0.7	-0.76	-0.34	-0.82	-0.86	0.72	0.48	-0.71	0.48	0.01	-0.42	0.35	-0.42	0.96	0.96		-0.42	1.0	-0.94	0.58	-0.95	-0.42
Short Term Investments	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05	1.0	-0.2	-0.2	-0.42		-0.42	0.34	-0.82	0.35	1.0
Non Current Liabilities Total	-0.7	-0.76	-0.34	-0.82	-0.86	0.72	0.48	-0.71	0.48	0.01	-0.42	0.35	-0.42	0.96	0.96	1.0	-0.42		-0.94	0.58	-0.95	-0.42
Net Invested Capital	0.74	0.8	0.37	0.88	0.91	-0.74	-0.47	0.75	-0.47	0.01	0.34	-0.39	0.34	-0.97	-0.97	-0.94	0.34	-0.94		-0.35	1.0	0.34
Non Current Liabilities Other	-0.25	-0.31	-0.06	-0.22	-0.32	0.39	0.33	-0.26	0.33	0.12	-0.82	0.06	-0.82	0.35	0.35	0.58	-0.82	0.58	-0.35		-0.36	-0.82
Net Working Capital	0.74	0.8	0.37	0.88	0.91	-0.74	-0.47	0.75	-0.47	0.01	0.35	-0.39	0.35	-0.97	-0.97	-0.95	0.35	-0.95	1.0	-0.36		0.35
Net Debt	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05	1.0	-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35

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UMAX Group Account Relationship Matchups

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UMAX Non Current Assets Total vs Short Term Debt Analysis

Non Current Assets Total vs Short Term Debt

Non Current Assets Total vs Short Term Debt Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Short Term Debt

UMAX Group fundamental ratios Correlations

UMAX Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Total Current Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Other Current Liab	+ 1.0	Other Current Assets
Short Term Investments	+ 1.0	Other Current Assets
Net Debt	+ 1.0	Other Current Assets
Short Term Investments	+ 1.0	Other Current Liab

Net Working Capital	- 0.97	Non Currrent Assets Other
Net Invested Capital	- 0.97	Non Currrent Assets Other
Net Working Capital	- 0.97	Non Current Assets Total
Net Invested Capital	- 0.97	Non Current Assets Total
Net Working Capital	- 0.95	Non Current Liabilities Total
Net Working Capital	- 0.95	Long Term Debt