Urbana Interest Coverage vs Ev To Sales Analysis

URB Stock

CAD 5.76 0.10 1.77%

Urbana financial indicator trend analysis is much more than just breaking down Urbana prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Urbana is a good investment. Please check the relationship between Urbana Interest Coverage and its Ev To Sales accounts. 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 board of governors.

Interest Coverage vs Ev To Sales

Interest Coverage vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Urbana Interest Coverage account and Ev To Sales. At this time, the significance of the direction appears to have strong relationship.

The correlation between Urbana's Interest Coverage and Ev To Sales is 0.62. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Urbana, assuming nothing else is changed. The correlation between historical values of Urbana's Interest Coverage and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Urbana are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Interest Coverage i.e., Urbana's Interest Coverage and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Interest Coverage

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Urbana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Urbana 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 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 board of governors.

At this time, Urbana's Tax Provision is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value Over EBITDA is likely to grow to 2.64, while Selling General Administrative is likely to drop about 1.6 M.

	2021	2022	2023 (projected)
Research Development	4.35	1.62	5.25
Interest Income	362.0K	503.5K	490.1K

Research Development Interest Income

Urbana fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant And Equipment Net	Short Term Investments	Property Plant And Equipment Gross	Short Term Debt	Total Current Liabilities	Accounts Payable	Net Receivables	Total Liab	Short Long Term Debt Total	Other Current Liab	Current Deferred Revenue	Non Current Liabilities Total	Other Assets	Common Stock Total Equity
Total Assets		0.99	0.29	0.87	-0.22	0.96	-0.96	-0.37	0.01	-0.04	-0.29	-0.34	-0.58	0.46	-0.58	0.06	-0.26	0.1	0.77	0.92	0.85	-0.19	-0.91	0.88	0.72	-0.88
Total Stockholder Equity	0.99		0.27	0.85	-0.19	0.97	-0.97	-0.4	0.04	0.02	-0.31	-0.38	-0.62	0.5	-0.62	0.03	-0.22	0.16	0.73	0.88	0.81	-0.13	-0.9	0.83	0.77	-0.9
Net Debt	0.29	0.27		0.26	-0.59	0.26	-0.31	-0.2	-0.03	-0.33	-0.64	-0.2	-0.16	0.18	-0.16	-0.09	-0.06	0.09	-0.04	0.35	0.2	-0.25	-0.09	0.32	0.2	-0.33
Retained Earnings	0.87	0.85	0.26		-0.3	0.9	-0.81	-0.62	-0.48	-0.04	-0.35	-0.59	-0.13	0.03	-0.13	-0.11	-0.45	0.05	0.78	0.88	0.8	-0.24	-0.69	0.83	0.65	-0.87
Cash	-0.22	-0.19	-0.59	-0.3		-0.23	0.25	0.27	0.22	0.36	0.03	0.27	-0.13	0.15	-0.13	0.09	-0.14	0.11	-0.22	-0.32	-0.01	-0.11	0.11	-0.25	-0.1	0.14
Non Current Assets Total	0.96	0.97	0.26	0.9	-0.23		-0.95	-0.53	-0.12	-0.01	-0.32	-0.5	-0.5	0.38	-0.5	0.07	-0.31	0.15	0.73	0.88	0.78	-0.13	-0.83	0.82	0.8	-0.91
Non Currrent Assets Other	-0.96	-0.97	-0.31	-0.81	0.25	-0.95		0.46	-0.08	0.08	0.24	0.44	0.64	-0.55	0.64	0.02	0.21	-0.1	-0.71	-0.84	-0.76	0.17	0.89	-0.79	-0.83	0.88
Cash And Short Term Investments	-0.37	-0.4	-0.2	-0.62	0.27	-0.53	0.46		0.59	-0.15	0.31	1.0	-0.11	0.15	-0.11	0.6	0.2	-0.28	-0.23	-0.27	-0.18	0.03	0.11	-0.21	-0.77	0.66
Common Stock Shares Outstanding	0.01	0.04	-0.03	-0.48	0.22	-0.12	-0.08	0.59		0.04	0.21	0.58	-0.77	0.77	-0.77	0.3	0.48	0.09	-0.21	-0.16	-0.13	0.18	-0.21	-0.16	-0.03	0.21
Other Current Assets	-0.04	0.02	-0.33	-0.04	0.36	-0.01	0.08	-0.15	0.04		-0.28	-0.17	-0.13	0.14	-0.13	-0.29	0.58	0.52	-0.28	-0.29	-0.27	0.74	0.15	-0.37	0.21	-0.11
Other Stockholder Equity	-0.29	-0.31	-0.64	-0.35	0.03	-0.32	0.24	0.31	0.21	-0.28		0.32	0.14	-0.16	0.14	0.13	0.12	-0.29	0.19	-0.2	-0.17	-0.01	-0.02	-0.15	-0.3	0.49
Total Current Assets	-0.34	-0.38	-0.2	-0.59	0.27	-0.5	0.44	1.0	0.58	-0.17	0.32		-0.12	0.15	-0.12	0.61	0.18	-0.3	-0.19	-0.24	-0.15	0.01	0.08	-0.18	-0.76	0.65
Property Plant And Equipment Net	-0.58	-0.62	-0.16	-0.13	-0.13	-0.5	0.64	-0.11	-0.77	-0.13	0.14	-0.12		-0.94	1.0	-0.19	-0.23	-0.29	-0.15	-0.33	-0.32	-0.09	0.63	-0.3	-0.53	0.45
Short Term Investments	0.46	0.5	0.18	0.03	0.15	0.38	-0.55	0.15	0.77	0.14	-0.16	0.15	-0.94		-0.94	0.19	0.26	0.3	0.04	0.22	0.22	0.1	-0.54	0.19	0.45	-0.39
Property Plant And Equipment Gross	-0.58	-0.62	-0.16	-0.13	-0.13	-0.5	0.64	-0.11	-0.77	-0.13	0.14	-0.12	1.0	-0.94		-0.19	-0.23	-0.29	-0.15	-0.33	-0.32	-0.09	0.63	-0.3	-0.53	0.45
Short Term Debt	0.06	0.03	-0.09	-0.11	0.09	0.07	0.02	0.6	0.3	-0.29	0.13	0.61	-0.19	0.19	-0.19		-0.2	-0.25	0.14	0.19	0.16	-0.04	-0.23	0.23	-0.38	0.2
Total Current Liabilities	-0.26	-0.22	-0.06	-0.45	-0.14	-0.31	0.21	0.2	0.48	0.58	0.12	0.18	-0.23	0.26	-0.23	-0.2		0.25	-0.4	-0.44	-0.54	0.78	0.21	-0.51	-0.07	0.31
Accounts Payable	0.1	0.16	0.09	0.05	0.11	0.15	-0.1	-0.28	0.09	0.52	-0.29	-0.3	-0.29	0.3	-0.29	-0.25	0.25		-0.29	-0.1	-0.09	0.27	0.09	-0.13	0.4	-0.37
Net Receivables	0.77	0.73	-0.04	0.78	-0.22	0.73	-0.71	-0.23	-0.21	-0.28	0.19	-0.19	-0.15	0.04	-0.15	0.14	-0.4	-0.29		0.88	0.84	-0.33	-0.85	0.87	0.38	-0.53
Total Liab	0.92	0.88	0.35	0.88	-0.32	0.88	-0.84	-0.27	-0.16	-0.29	-0.2	-0.24	-0.33	0.22	-0.33	0.19	-0.44	-0.1	0.88		0.93	-0.39	-0.86	0.98	0.49	-0.74
Short Long Term Debt Total	0.85	0.81	0.2	0.8	-0.01	0.78	-0.76	-0.18	-0.13	-0.27	-0.17	-0.15	-0.32	0.22	-0.32	0.16	-0.54	-0.09	0.84	0.93		-0.56	-0.84	0.97	0.43	-0.69
Other Current Liab	-0.19	-0.13	-0.25	-0.24	-0.11	-0.13	0.17	0.03	0.18	0.74	-0.01	0.01	-0.09	0.1	-0.09	-0.04	0.78	0.27	-0.33	-0.39	-0.56		0.2	-0.51	-0.01	0.17
Current Deferred Revenue	-0.91	-0.9	-0.09	-0.69	0.11	-0.83	0.89	0.11	-0.21	0.15	-0.02	0.08	0.63	-0.54	0.63	-0.23	0.21	0.09	-0.85	-0.86	-0.84	0.2		-0.84	-0.55	0.67
Non Current Liabilities Total	0.88	0.83	0.32	0.83	-0.25	0.82	-0.79	-0.21	-0.16	-0.37	-0.15	-0.18	-0.3	0.19	-0.3	0.23	-0.51	-0.13	0.87	0.98	0.97	-0.51	-0.84		0.43	-0.68
Other Assets	0.72	0.77	0.2	0.65	-0.1	0.8	-0.83	-0.77	-0.03	0.21	-0.3	-0.76	-0.53	0.45	-0.53	-0.38	-0.07	0.4	0.38	0.49	0.43	-0.01	-0.55	0.43		-0.87
Common Stock Total Equity	-0.88	-0.9	-0.33	-0.87	0.14	-0.91	0.88	0.66	0.21	-0.11	0.49	0.65	0.45	-0.39	0.45	0.2	0.31	-0.37	-0.53	-0.74	-0.69	0.17	0.67	-0.68	-0.87

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Urbana Account Relationship Matchups

Urbana fundamental ratios 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
Non Currrent Assets Other	(290.7M)	(288.3M)	(348.1M)	(367.1M)	(444.2M)	(422.0M)
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
Short Term Debt	21.9M	22.8M	23.7M	32M	42.7M	27.5M
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
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
Accumulated Other Comprehensive Income	253.5M	249.2M	301.1M	309.6M	374.6M	393.3M
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
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
Capital Surpluse	66.7M	68.7M	68.2M	66.6M	76.6M	73.9M
Cash And Equivalents	875.1K	732.5K	387.1K	268.6K	241.7K	229.6K
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 together with Urbana Stock

0.69	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.67	RY	Royal Bank Earnings Call This Week	Pair Corr
0.7	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.75	TD-PFI	Toronto Dominion Bank	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Urbana Stock

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.

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Urbana Interest Coverage vs Ev To Sales Analysis

Interest Coverage vs Ev To Sales

Interest Coverage vs Ev To Sales Correlation Analysis

Correlation Coefficient

Interest Coverage

Ev To Sales

Urbana fundamental ratios Correlations

Urbana Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Urbana fundamental ratios Accounts

Pair Trading with Urbana

Moving together with Urbana Stock

Other Information on Investing in Urbana Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.98	Total Liab
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total

Non Currrent Assets Other	- 0.97	Total Stockholder Equity
Non Currrent Assets Other	- 0.96	Total Assets
Non Currrent Assets Other	- 0.95	Non Current Assets Total
Property Plant And Equipment Gross	- 0.94	Short Term Investments
Short Term Investments	- 0.94	Property Plant And Equipment Net
Common Stock Total Equity	- 0.91	Non Current Assets Total