URU Total Current Liabilities vs Other Current Liab Analysis
URU Stock | 160.00 15.00 8.57% |
URU Metals financial indicator trend analysis is much more than just breaking down URU Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether URU Metals is a good investment. Please check the relationship between URU Metals Total Current Liabilities and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in URU Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of URU Metals Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between URU Metals' Total Current Liabilities and Other Current Liab is 0.52. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of URU Metals, assuming nothing else is changed. The correlation between historical values of URU Metals' Total Current Liabilities 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 Total Current Liabilities of URU Metals 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 Total Current Liabilities i.e., URU Metals' Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on URU Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of URU Metals 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.Other Current Liab
Most indicators from URU Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into URU Metals 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 URU Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of December 18, 2024, Selling General Administrative is expected to decline to about 496.9 K. In addition to that, Discontinued Operations is expected to decline to about (172.9 K)
URU Metals fundamental ratios Correlations
Click cells to compare fundamentals
URU Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
URU Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 271K | 929K | 974K | 702K | 670K | 488.3K | |
Accounts Payable | 888K | 435K | 1.6M | 1.7M | 2.2M | 2.3M | |
Non Currrent Assets Other | 38.3K | 37.2K | (4.7K) | (4.8K) | (5.5K) | (5.8K) | |
Net Receivables | 60K | 95K | 204K | 157K | 180.6K | 189.6K | |
Other Current Assets | 60K | 95K | 204K | 157K | 104K | 98.8K | |
Other Stockholder Equity | 50.7M | 48.7M | 50.9M | 49.5M | 49.5M | 41.6M | |
Property Plant And Equipment Gross | 2.7M | 3.8M | 7.5M | 7.4M | 7.7M | 8.1M | |
Accumulated Other Comprehensive Income | (2.7M) | 1.6K | 1.7K | 1.4K | 1.4M | 1.5M | |
Intangible Assets | 2.7K | 3.8K | 4.7K | 4.8K | 4.3K | 4.1K | |
Net Tangible Assets | (1.5M) | (1.5M) | (3.6M) | (5.0M) | (4.5M) | (4.3M) | |
Net Invested Capital | 1.3M | 2.5M | 1.5M | 271K | (4.2M) | (3.9M) | |
Net Working Capital | (1.5M) | (1.5M) | (981K) | (2.2M) | (3.3M) | (3.1M) |
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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.Other Information on Investing in URU Stock
Balance Sheet is a snapshot of the financial position of URU Metals at a specified time, usually calculated after every quarter, six months, or one year. URU Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of URU Metals 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 URU currently owns. An asset can also be divided into two categories, current and non-current.