Urbana Historical Balance Sheet
URB-A Stock | CAD 5.41 0.02 0.37% |
Trend analysis of Urbana balance sheet accounts such as Total Assets of 473.2 M, Total Stockholder Equity of 393.3 M, Retained Earnings of 219.6 M or Cash of 324.4 K provides information on Urbana's total assets, liabilities, and equity, which is the actual value of Urbana to its prevalent stockholders. By breaking down trends over time using Urbana balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Urbana latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Urbana is a good buy for the upcoming year.
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About Urbana Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Urbana at a specified time, usually calculated after every quarter, six months, or one year. Urbana Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Urbana and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Urbana currently owns. An asset can also be divided into two categories, current and non-current.
Urbana Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Urbana assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Urbana books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Urbana balance sheet. This account contains Urbana investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Urbana fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most accounts from Urbana's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Urbana current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Urbana. 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. At this time, Urbana's Total Liabilities is comparatively stable compared to the past year. Short and Long Term Debt Total is likely to gain to about 44.8 M in 2024, whereas Cash And Short Term Investments are likely to drop slightly above 324.4 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 301.1M | 309.6M | 374.6M | 393.3M | Total Assets | 348.1M | 367.1M | 450.6M | 473.2M |
Urbana balance sheet Correlations
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Urbana Account Relationship Matchups
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Urbana balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 290.7M | 288.3M | 348.1M | 367.1M | 450.6M | 473.2M | |
Total Stockholder Equity | 253.5M | 249.2M | 301.1M | 309.6M | 374.6M | 393.3M | |
Net Debt | 21.0M | 22.1M | 23.3M | 31.7M | (341.4K) | (324.4K) | |
Retained Earnings | 64.4M | 73.6M | 129.6M | 144.2M | 209.2M | 219.6M | |
Cash | 875.1K | 732.5K | 387.1K | 268.6K | 341.4K | 324.4K | |
Non Current Assets Total | 289.6M | 287.2M | 347.2M | 364.2M | 444.2M | 466.4M | |
Cash And Short Term Investments | 875.1K | 732.5K | 387.1K | 268.6K | 341.4K | 324.4K | |
Common Stock Shares Outstanding | 49.9M | 47.9M | 43.9M | 42.1M | 41.4M | 42.6M | |
Liabilities And Stockholders Equity | 290.7M | 288.3M | 348.1M | 367.1M | 450.6M | 473.2M | |
Other Current Assets | (1.1M) | (1.1M) | (920.1K) | (3.0M) | (6.4M) | (6.1M) | |
Other Stockholder Equity | (186.8M) | (180.5M) | (362.6M) | (387.1M) | 66.6M | 70.0M | |
Total Current Assets | 1.1M | 1.1M | 920.1K | 3.0M | 6.4M | 6.1M | |
Total Current Liabilities | 1.3M | 1.5M | 695.6K | 175.3K | 258.2K | 245.3K | |
Accounts Payable | 1.2M | 1.5M | 57.3K | 175.3K | 258.2K | 245.3K | |
Non Currrent Assets Other | (290.7M) | (288.3M) | (348.1M) | (367.1M) | (444.2M) | (422.0M) | |
Net Receivables | 240.5K | 387.2K | 533.0K | 2.7M | 6.1M | 6.4M | |
Total Liab | 37.2M | 39.2M | 47.0M | 57.5M | 76.1M | 79.9M | |
Other Current Liab | (1.2M) | (1.5M) | (57.3K) | (175.3K) | (258.2K) | (245.3K) | |
Non Current Liabilities Total | 21.9M | 22.8M | 23.7M | 32M | 42.7M | 44.8M | |
Accumulated Other Comprehensive Income | 253.5M | 249.2M | 301.1M | 309.6M | 374.6M | 223.8M | |
Common Stock | 122.4M | 106.9M | 103.4M | 98.8M | 88.9M | 101.5M | |
Other Liab | 13.7M | 14.6M | 22.3M | 24.4M | 28.0M | 29.4M | |
Net Tangible Assets | 253.5M | 249.2M | 301.1M | 309.6M | 356.0M | 266.7M | |
Long Term Investments | 289.6M | 287.2M | 347.2M | 364.2M | 444.2M | 313.1M | |
Net Invested Capital | 275.4M | 272.0M | 324.8M | 341.6M | 417.3M | 328.5M | |
Capital Stock | 122.4M | 106.9M | 103.4M | 98.8M | 88.9M | 87.2M |
Pair Trading with Urbana
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 Urbana 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 Urbana will appreciate offsetting losses from the drop in the long position's value.Moving against Urbana Stock
0.83 | AEMC | Alaska Energy Metals | PairCorr |
0.67 | EOG | Eco Atlantic Oil | PairCorr |
0.57 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Urbana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urbana 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 Urbana - 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 Urbana to buy it.
The correlation of Urbana 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 Urbana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urbana 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 Urbana 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.Additional Tools for Urbana Stock Analysis
When running Urbana's price analysis, check to measure Urbana'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 Urbana is operating at the current time. Most of Urbana's value examination focuses on studying past and present price action to predict the probability of Urbana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urbana's price. Additionally, you may evaluate how the addition of Urbana to your portfolios can decrease your overall portfolio volatility.