UCOBANK Stock | | | 44.48 0.48 1.07% |
UCO Bank financial indicator trend analysis is much more than just breaking down UCO Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UCO Bank is a good investment. Please check the relationship between UCO Bank Other Current Liab and its Property Plant And Equipment Net accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in UCO Bank. 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.
Other Current Liab vs Property Plant And Equipment Net
Other Current Liab vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UCO Bank Other Current Liab account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between UCO Bank's Other Current Liab and Property Plant And Equipment Net is 0.19. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of UCO Bank, assuming nothing else is changed. The correlation between historical values of UCO Bank's Other Current Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of UCO Bank are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Liab i.e., UCO Bank's Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Current Liab
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from UCO Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UCO Bank 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 UCO Bank. 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, UCO Bank's
Selling General Administrative is quite stable compared to the past year.
Tax Provision is expected to rise to about 9.6
B this year, although the value of
Issuance Of Capital Stock will most likely fall to 0.00.
UCO Bank fundamental ratios Correlations
Click cells to compare fundamentals
UCO Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UCO Bank fundamental ratios Accounts
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Other Information on Investing in UCO Stock
Balance Sheet is a snapshot of the
financial position of UCO Bank at a specified time, usually calculated after every quarter, six months, or one year. UCO Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UCO Bank 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 UCO currently owns. An asset can also be divided into two categories, current and non-current.