Urban Total Current Liabilities vs Total Current Assets Analysis
UONE Stock | USD 1.45 0.03 2.03% |
Urban One financial indicator trend analysis is much more than just breaking down Urban One prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urban One is a good investment. Please check the relationship between Urban One Total Current Liabilities and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban One. 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. For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urban One Total Current Liabilities account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Urban One's Total Current Liabilities and Total Current Assets is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Urban One, assuming nothing else is changed. The correlation between historical values of Urban One's Total Current Liabilities and Total Current Assets 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 Urban One are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Urban One's Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Urban One balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Urban One 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Urban One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urban One 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 One. 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. For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.At present, Urban One's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 441.5M | 484.6M | 477.7M | 370.9M | Depreciation And Amortization | 65.8M | 66.7M | 71.4M | 40.3M |
Urban One fundamental ratios Correlations
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Urban One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Urban One fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.2B | 1.3B | 1.3B | 1.2B | 1.5B | |
Other Current Liab | 47.7M | 41.6M | 79.3M | 93.4M | 89.6M | 94.1M | |
Total Current Liabilities | 101.0M | 106.9M | 106.5M | 130.3M | 132.6M | 82.9M | |
Total Stockholder Equity | 183.1M | 186.9M | 254.1M | 333.8M | 274.1M | 360.3M | |
Property Plant And Equipment Net | 69.3M | 60.1M | 64.3M | 59.6M | 60.3M | 43.0M | |
Net Debt | 892.2M | 813.9M | 707.7M | 697.8M | 516.2M | 745.0M | |
Retained Earnings | (796.8M) | (804.9M) | (766.6M) | (733.0M) | (733.4M) | (770.0M) | |
Accounts Payable | 5.9M | 11.1M | 16.9M | 17.2M | 20M | 21M | |
Cash | 33.5M | 73.9M | 152.2M | 75.4M | 233.1M | 244.7M | |
Non Current Assets Total | 1.1B | 972.5M | 947.8M | 1.0B | 789.2M | 968.7M | |
Non Currrent Assets Other | 43.8M | 75.7M | 103.4M | (119.1M) | 5.5M | 5.7M | |
Cash And Short Term Investments | 33.5M | 73.9M | 152.2M | 75.4M | 233.1M | 244.7M | |
Net Receivables | 106.1M | 106.3M | 127.8M | 142.0M | 133.2M | 85.3M | |
Common Stock Shares Outstanding | 47.9M | 45.0M | 54.1M | 52.2M | 50.2M | 51.4M | |
Liabilities And Stockholders Equity | 1.4B | 1.2B | 1.3B | 1.3B | 1.2B | 1.5B | |
Non Current Liabilities Total | 955.2M | 889.0M | 883.5M | 849.2M | 788.0M | 915.3M | |
Total Liab | 1.3B | 1.2B | 1.3B | 979.4M | 920.6M | 1.1B | |
Total Current Assets | 186.0M | 223.0M | 313.3M | 289.7M | 422.0M | 443.1M | |
Short Long Term Debt Total | 925.7M | 887.8M | 859.9M | 773.2M | 749.3M | 831.8M | |
Other Current Assets | 35.1M | 43.3M | 52.3M | 78.0M | 55.7M | 58.5M | |
Intangible Assets | 711.0M | 603.3M | 615.5M | 630.0M | 506.8M | 819.8M | |
Other Stockholder Equity | 979.8M | 991.8M | 1.0B | 993.5M | 1.0B | 834.8M | |
Current Deferred Revenue | 12.5M | 11.8M | 8.8M | 13.5M | 11.6M | 11.2M | |
Good Will | 245.6M | 239.8M | 223.4M | 216.6M | 194.9M | 185.2M | |
Property Plant And Equipment Gross | 69.3M | 60.1M | 218.0M | 219.4M | 82.1M | 78.0M | |
Short Term Debt | 34.9M | 41.2M | 10.1M | 8.7M | 10.6M | 16.7M | |
Inventory | 11.3M | 10.2M | 3.0M | 28.7M | 1.0 | 0.95 | |
Other Assets | 195.1M | 85.7M | 328.8M | 1.0 | 0.9 | 0.86 | |
Long Term Debt | 850.3M | 818.9M | 818.6M | 739M | 716.2M | 805.7M | |
Retained Earnings Total Equity | (800.0M) | (796.8M) | (804.9M) | (766.6M) | (689.9M) | (724.4M) | |
Property Plant Equipment | 26.1M | 24.4M | 60.1M | 26.3M | 30.2M | 31.6M | |
Net Tangible Assets | (726.9M) | (687.0M) | (639.8M) | (589.8M) | (530.8M) | (557.3M) | |
Warrants | 10.2M | 10.6M | 12.7M | 17.0M | 19.6M | 13.2M |
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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.When determining whether Urban One is a strong investment it is important to analyze Urban One's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Urban One's future performance. For an informed investment choice regarding Urban Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban One. 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. For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Cable & Satellite 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 One. 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 One listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.633 | Earnings Share (1.66) | Revenue Per Share 9.569 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0404 |
The market value of Urban One 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 One's value that differs from its market value or its book value, called intrinsic value, which is Urban One'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 One's market value can be influenced by many factors that don't directly affect Urban One'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 One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban One'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.