Urban Historical Balance Sheet

UGRO Stock

USD 1.48 0.06 3.90%

Trend analysis of Urban Gro balance sheet accounts such as Total Assets of 67.6 M, Other Current Liab of 6.1 M, Total Current Liabilities of 44.2 M or Total Stockholder Equity of 11.6 M provides information on Urban Gro's total assets, liabilities, and equity, which is the actual value of Urban Gro to its prevalent stockholders. By breaking down trends over time using Urban Gro 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.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Urban Gro 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 Urban Gro is a good buy for the upcoming year.

Urban Gro Inventory

217,415

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.

About Urban Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Urban Gro at a specified time, usually calculated after every quarter, six months, or one year. Urban Gro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Urban Gro 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 Urban currently owns. An asset can also be divided into two categories, current and non-current.

Urban Gro Balance Sheet Chart

At this time, Urban Gro's Net Receivables is very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 3.3 M, while Other Current Liabilities is likely to drop about 6.1 M.

Total Assets Other Current Liab Total Current Liabilities Accounts Payable

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Total Assets

Total assets refers to the total amount of Urban Gro 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 Urban Gro 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 Current Liabilities

Total Current Liabilities is an item on Urban Gro 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 Gro 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.

Accounts Payable

An accounting item on the balance sheet that represents Urban Gro obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Urban Gro are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Urban Gro's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Urban Gro 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 Urban Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.At this time, Urban Gro's Net Receivables is very stable compared to the past year. As of the 26th of November 2024, Other Current Assets is likely to grow to about 3.3 M, while Other Current Liabilities is likely to drop about 6.1 M.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	17.4M	8.1M	11.1M	6.1M
Total Assets	74.2M	62.1M	64.4M	67.6M

Other Current Liab Total Assets

Urban Gro balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Investments	Intangible Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total
Total Assets		0.91	0.91	0.89	0.9	-0.87	0.81	0.64	0.89	0.73	0.87	-0.8	0.77	0.91	0.47	0.93	0.26	-0.63	0.79	0.43	0.88	0.1	0.84	0.87	-0.54	0.9
Other Current Liab	0.91		0.74	0.94	0.95	-0.67	0.58	0.84	0.75	0.63	0.66	-0.6	0.89	0.74	0.4	0.99	0.08	-0.6	0.5	0.61	0.65	-0.16	0.58	0.96	-0.77	0.78
Total Current Liabilities	0.91	0.74		0.62	0.68	-0.98	0.95	0.32	0.9	0.83	0.96	-0.82	0.58	1.0	0.57	0.76	0.48	-0.7	0.89	0.18	0.87	0.33	0.86	0.7	-0.2	0.81
Total Stockholder Equity	0.89	0.94	0.62		0.95	-0.57	0.47	0.87	0.68	0.49	0.58	-0.6	0.84	0.63	0.29	0.96	-0.01	-0.44	0.49	0.65	0.69	-0.17	0.61	0.88	-0.82	0.83
Net Tangible Assets	0.9	0.95	0.68	0.95		-0.59	0.57	0.84	0.68	0.47	0.66	-0.59	0.85	0.68	0.23	0.94	-0.11	-0.4	0.49	0.53	0.64	-0.3	0.57	0.95	-0.81	0.72
Retained Earnings	-0.87	-0.67	-0.98	-0.57	-0.59		-0.93	-0.23	-0.9	-0.83	-0.95	0.85	-0.49	-0.99	-0.6	-0.7	-0.59	0.7	-0.93	-0.15	-0.9	-0.47	-0.9	-0.61	0.09	-0.85
Accounts Payable	0.81	0.58	0.95	0.47	0.57	-0.93		0.09	0.76	0.65	0.99	-0.78	0.32	0.94	0.32	0.6	0.34	-0.51	0.94	-0.12	0.86	0.29	0.89	0.53	0.0	0.74
Cash	0.64	0.84	0.32	0.87	0.84	-0.23	0.09		0.46	0.36	0.21	-0.29	0.92	0.32	0.29	0.82	-0.14	-0.37	0.05	0.85	0.29	-0.4	0.18	0.85	-0.98	0.48
Other Assets	0.89	0.75	0.9	0.68	0.68	-0.9	0.76	0.46		0.78	0.82	-0.86	0.72	0.91	0.72	0.79	0.58	-0.67	0.76	0.36	0.81	0.47	0.77	0.77	-0.3	0.81
Long Term Debt	0.73	0.63	0.83	0.49	0.47	-0.83	0.65	0.36	0.78		0.66	-0.57	0.62	0.83	0.85	0.64	0.73	-0.93	0.63	0.49	0.64	0.4	0.61	0.58	-0.21	0.65
Net Receivables	0.87	0.66	0.96	0.58	0.66	-0.95	0.99	0.21	0.82	0.66		-0.82	0.42	0.96	0.35	0.69	0.33	-0.52	0.94	-0.02	0.91	0.28	0.92	0.62	-0.11	0.81
Inventory	-0.8	-0.6	-0.82	-0.6	-0.59	0.85	-0.78	-0.29	-0.86	-0.57	-0.82		-0.5	-0.83	-0.51	-0.66	-0.46	0.37	-0.78	-0.2	-0.81	-0.44	-0.8	-0.61	0.17	-0.79
Other Current Assets	0.77	0.89	0.58	0.84	0.85	-0.49	0.32	0.92	0.72	0.62	0.42	-0.5		0.58	0.58	0.88	0.16	-0.6	0.24	0.82	0.42	-0.13	0.33	0.94	-0.84	0.57
Total Liab	0.91	0.74	1.0	0.63	0.68	-0.99	0.94	0.32	0.91	0.83	0.96	-0.83	0.58		0.57	0.76	0.49	-0.7	0.9	0.18	0.89	0.34	0.88	0.7	-0.2	0.83
Short Long Term Debt	0.47	0.4	0.57	0.29	0.23	-0.6	0.32	0.29	0.72	0.85	0.35	-0.51	0.58	0.57		0.43	0.88	-0.75	0.35	0.56	0.37	0.59	0.33	0.45	-0.12	0.42
Total Current Assets	0.93	0.99	0.76	0.96	0.94	-0.7	0.6	0.82	0.79	0.64	0.69	-0.66	0.88	0.76	0.43		0.14	-0.58	0.56	0.61	0.71	-0.08	0.64	0.95	-0.74	0.84
Short Term Debt	0.26	0.08	0.48	-0.01	-0.11	-0.59	0.34	-0.14	0.58	0.73	0.33	-0.46	0.16	0.49	0.88	0.14		-0.64	0.45	0.2	0.39	0.86	0.39	0.07	0.32	0.37
Common Stock	-0.63	-0.6	-0.7	-0.44	-0.4	0.7	-0.51	-0.37	-0.67	-0.93	-0.52	0.37	-0.6	-0.7	-0.75	-0.58	-0.64		-0.51	-0.5	-0.52	-0.35	-0.49	-0.51	0.22	-0.56
Property Plant Equipment	0.79	0.5	0.89	0.49	0.49	-0.93	0.94	0.05	0.76	0.63	0.94	-0.78	0.24	0.9	0.35	0.56	0.45	-0.51		-0.08	0.96	0.46	0.98	0.4	0.07	0.85
Long Term Investments	0.43	0.61	0.18	0.65	0.53	-0.15	-0.12	0.85	0.36	0.49	-0.02	-0.2	0.82	0.18	0.56	0.61	0.2	-0.5	-0.08		0.14	-0.14	0.04	0.61	-0.79	0.35
Intangible Assets	0.88	0.65	0.87	0.69	0.64	-0.9	0.86	0.29	0.81	0.64	0.91	-0.81	0.42	0.89	0.37	0.71	0.39	-0.52	0.96	0.14		0.38	0.99	0.55	-0.17	0.94
Short Long Term Debt Total	0.1	-0.16	0.33	-0.17	-0.3	-0.47	0.29	-0.4	0.47	0.4	0.28	-0.44	-0.13	0.34	0.59	-0.08	0.86	-0.35	0.46	-0.14	0.38		0.41	-0.17	0.57	0.3
Property Plant And Equipment Net	0.84	0.58	0.86	0.61	0.57	-0.9	0.89	0.18	0.77	0.61	0.92	-0.8	0.33	0.88	0.33	0.64	0.39	-0.49	0.98	0.04	0.99	0.41		0.47	-0.07	0.91
Current Deferred Revenue	0.87	0.96	0.7	0.88	0.95	-0.61	0.53	0.85	0.77	0.58	0.62	-0.61	0.94	0.7	0.45	0.95	0.07	-0.51	0.4	0.61	0.55	-0.17	0.47		-0.79	0.66
Net Debt	-0.54	-0.77	-0.2	-0.82	-0.81	0.09	0.0	-0.98	-0.3	-0.21	-0.11	0.17	-0.84	-0.2	-0.12	-0.74	0.32	0.22	0.07	-0.79	-0.17	0.57	-0.07	-0.79		-0.36
Non Current Assets Total	0.9	0.78	0.81	0.83	0.72	-0.85	0.74	0.48	0.81	0.65	0.81	-0.79	0.57	0.83	0.42	0.84	0.37	-0.56	0.85	0.35	0.94	0.3	0.91	0.66	-0.36

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Urban Gro Account Relationship Matchups

Urban Gro balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4M	8.2M	74.2M	62.1M	64.4M	67.6M
Other Current Liab	1.7M	1.2M	17.4M	8.1M	11.1M	6.1M
Total Current Liabilities	12.3M	14.5M	25.0M	24.3M	42.1M	44.2M
Total Stockholder Equity	(5.0M)	(7.4M)	48.2M	34.7M	20.1M	11.6M
Net Tangible Assets	(6.0M)	(8.4M)	38.6M	13.7M	15.8M	16.6M
Retained Earnings	(16.9M)	(22.0M)	(22.8M)	(38.1M)	(56.8M)	(54.0M)
Accounts Payable	3.8M	654.0K	6.1M	10.0M	25.4M	26.7M
Cash	448.7K	184.5K	34.6M	12.0M	1.1M	1.1M
Other Assets	13.6K	32.9K	20.0K	1.9M	2.2M	2.3M
Net Receivables	1.6M	976.7K	13.1M	18.4M	37.1M	38.9M
Inventory	676.2K	537.1K	514.8K	320.4K	228.9K	217.4K
Other Current Assets	1.3M	3.5M	11.2M	3.8M	2.5M	3.3M
Total Liab	12.4M	15.6M	26.0M	27.3M	44.3M	46.5M
Short Long Term Debt	3.5M	3.8M	7.1M	3.8M	3.2M	3.5M
Total Current Assets	4.0M	5.2M	59.5M	34.6M	41.0M	21.2M
Short Term Debt	3.9M	7.2M	152.5K	4.4M	3.9M	3.3M
Common Stock	28.2K	4.7K	11.6K	12.2K	13.5K	12.8K
Property Plant Equipment	380.9K	218.3K	207.5K	3.9M	4.5M	4.7M
Long Term Investments	1.3M	2.0M	1.7M	4.2M	2.6M	0.0
Short Long Term Debt Total	4.0M	8.2M	694.5K	6.5M	5.3M	5.2M
Property Plant And Equipment Net	377.9K	215.3K	897.2K	3.9M	3.5M	3.6M
Current Deferred Revenue	2.9M	4.9M	13.3M	5.8M	8.1M	7.0M
Net Debt	3.6M	8.1M	(33.9M)	(5.5M)	4.2M	4.4M
Non Current Assets Total	3.4M	2.9M	14.7M	27.5M	23.4M	13.5M
Non Currrent Assets Other	106.2K	84.5K	2.0	(27.5M)	(1.0)	(1.05)
Cash And Short Term Investments	448.7K	184.5K	34.6M	12.0M	1.1M	1.1M
Common Stock Shares Outstanding	4.4M	4.8M	10.0M	10.6M	11.3M	8.4M
Liabilities And Stockholders Equity	7.4M	8.2M	74.2M	62.1M	64.4M	40.7M
Non Current Liabilities Total	98.8K	1.0M	982.6K	3.1M	2.2M	1.4M
Capital Lease Obligations	222.2K	88.9K	694.5K	2.6M	2.1M	1.1M
Other Stockholder Equity	11.9M	14.6M	71.0M	72.8M	76.9M	46.2M
Net Invested Capital	(1.2M)	740.4K	48.2M	38.6M	23.3M	20.0M
Property Plant And Equipment Gross	165.0K	129.4K	1.4M	3.9M	4.6M	4.8M
Capital Stock	28.2K	4.7K	11.6K	12.2K	13.5K	12.7K
Net Working Capital	(8.3M)	(9.3M)	34.5M	10.3M	(1.2M)	(1.1M)

Pair Trading with Urban Gro

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 Urban Gro 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 Urban Gro will appreciate offsetting losses from the drop in the long position's value.

Moving against Urban Stock

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0.58	ARTW	Arts Way Manufacturing	Pair Corr
0.55	WNC	Wabash National	Pair Corr
0.38	NKLA	Nikola Corp	Pair Corr
0.31	KUBTY	Kubota Corp ADR	Pair Corr

The ability to find closely correlated positions to Urban Gro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Gro 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 Urban Gro - 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 Urban Gro to buy it.

The correlation of Urban Gro 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 Urban Gro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Gro 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 Urban Gro 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

When determining whether Urban Gro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Urban Gro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Urban Gro Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Urban Gro Stock:

How To Invest In Urban

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Is Urban Stock a good investment?

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What is Urban Gro's Net Worth?

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To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.

You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Is Industrial Machinery & Supplies & Components 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 Gro. 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 Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.36)

Revenue Per Share

6.067

Quarterly Revenue Growth

(0.07)

Return On Assets

(0.14)

Return On Equity

(0.64)

The market value of Urban Gro 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 Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro'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 Gro's market value can be influenced by many factors that don't directly affect Urban Gro'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 Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Urban Historical Balance Sheet

Urban Gro Inventory

217,415

About Urban Balance Sheet Analysis

Urban Gro Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Urban Gro balance sheet Correlations

Urban Gro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Urban Gro balance sheet Accounts

Pair Trading with Urban Gro

Moving against Urban Stock

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Other Current Liab
Net Receivables	+ 0.99	Accounts Payable
Property Plant And Equipment Net	+ 0.99	Intangible Assets
Property Plant And Equipment Net	+ 0.98	Property Plant Equipment
Current Deferred Revenue	+ 0.96	Other Current Liab

Total Liab	- 0.99	Retained Earnings
Net Debt	- 0.98	Cash
Retained Earnings	- 0.98	Total Current Liabilities
Net Receivables	- 0.95	Retained Earnings
Common Stock	- 0.93	Long Term Debt
Property Plant Equipment	- 0.93	Retained Earnings