UCAR Non Currrent Assets Other vs Long Term Debt Analysis

UCAR Stock   6.16  0.32  4.94%   
U Power financial indicator trend analysis is much more than just breaking down U Power Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether U Power Limited is a good investment. Please check the relationship between U Power Non Currrent Assets Other and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Power Limited. 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.

Non Currrent Assets Other vs Long Term Debt

Non Currrent Assets Other vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of U Power Limited Non Currrent Assets Other account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between U Power's Non Currrent Assets Other and Long Term Debt is 0.51. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of U Power Limited, assuming nothing else is changed. The correlation between historical values of U Power's Non Currrent Assets Other and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of U Power Limited are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Currrent Assets Other i.e., U Power's Non Currrent Assets Other and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Long Term Debt

Long-term debt is a debt that U Power Limited has held for over one year. Long-term debt appears on U Power Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on U Power Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from U Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into U Power Limited 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 U Power Limited. 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.
As of 11/28/2024, Tax Provision is likely to drop to about 1.4 M. In addition to that, Selling General Administrative is likely to drop to about 35.9 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization5.2M7.7M8.3M6.2M
Interest Income437K49K562K296.8K

U Power fundamental ratios Correlations

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0.580.750.810.05-0.880.980.380.96-0.890.97-0.970.930.660.940.96-0.970.690.630.790.691.00.930.930.720.99
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0.720.930.540.930.27-0.970.90.040.96-0.970.91-0.940.870.990.8-0.940.890.820.940.420.930.730.930.90.9
0.850.850.180.660.61-0.80.59-0.250.72-0.830.6-0.680.870.810.51-0.671.00.870.86-0.040.660.410.770.920.61
0.690.930.560.940.25-0.960.920.070.96-0.950.93-0.940.990.810.8-0.940.840.830.950.460.940.740.940.890.91
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0.820.880.20.690.55-0.840.63-0.260.77-0.870.65-0.720.891.00.840.54-0.720.870.890.010.690.430.780.930.64
0.890.890.140.630.71-0.750.54-0.220.64-0.720.56-0.60.820.870.830.44-0.60.870.93-0.090.620.330.820.990.55
0.720.990.290.790.4-0.940.77-0.20.85-0.910.8-0.820.940.860.950.59-0.820.890.930.210.780.50.850.960.74
-0.140.190.870.69-0.66-0.460.770.640.64-0.460.75-0.690.42-0.040.460.77-0.70.01-0.090.210.70.840.430.020.75
0.580.750.811.00.03-0.880.980.380.97-0.890.97-0.980.930.660.940.96-0.980.690.620.780.70.930.930.721.0
0.40.450.960.93-0.17-0.660.90.670.84-0.690.87-0.870.730.410.740.99-0.870.430.330.50.840.930.80.440.95
0.820.780.680.930.38-0.810.850.320.86-0.810.84-0.860.930.770.940.87-0.860.780.820.850.430.930.80.870.9
0.880.930.240.720.64-0.830.65-0.180.74-0.810.66-0.710.90.920.890.55-0.70.930.990.960.020.720.440.870.65
0.510.70.840.99-0.05-0.860.990.420.96-0.870.97-0.980.90.610.910.97-0.980.640.550.740.751.00.950.90.65
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U Power Account Relationship Matchups

Additional Tools for UCAR Stock Analysis

When running U Power's price analysis, check to measure U Power'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 U Power is operating at the current time. Most of U Power's value examination focuses on studying past and present price action to predict the probability of U Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Power's price. Additionally, you may evaluate how the addition of U Power to your portfolios can decrease your overall portfolio volatility.