Ucore Accounts Payable vs Common Stock Analysis

UCU Stock  CAD 0.69  0.03  4.55%   
Ucore Rare financial indicator trend analysis is much more than just breaking down Ucore Rare Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ucore Rare Metals is a good investment. Please check the relationship between Ucore Rare Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucore Rare 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 board of governors.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ucore Rare Metals Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ucore Rare's Accounts Payable and Common Stock is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Ucore Rare Metals, assuming nothing else is changed. The correlation between historical values of Ucore Rare's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ucore Rare Metals are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Ucore Rare's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Ucore Rare 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 Ucore Rare Metals 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.

Common Stock

Most indicators from Ucore Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ucore Rare 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 Ucore Rare 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 board of governors.
At this time, Ucore Rare's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 39.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses5.7M4.8M5.5M3.8M
Depreciation And Amortization115.0K96.5K178.8K187.8K

Ucore Rare fundamental ratios Correlations

0.450.480.970.350.560.00.99-0.040.510.120.370.320.270.77-0.13-0.08-0.78-0.13-0.71-0.220.750.740.84-0.69-0.67
0.450.960.370.850.94-0.40.45-0.430.79-0.06-0.220.620.950.860.05-0.02-0.78-0.31-0.13-0.150.580.680.61-0.5-0.59
0.480.960.410.80.95-0.320.47-0.360.72-0.01-0.120.50.890.88-0.04-0.02-0.85-0.39-0.16-0.210.550.780.58-0.56-0.67
0.970.370.410.260.50.070.960.040.340.170.360.320.190.74-0.190.01-0.74-0.08-0.77-0.180.760.70.77-0.72-0.68
0.350.850.80.260.8-0.790.4-0.810.71-0.54-0.150.50.780.71-0.16-0.21-0.73-0.540.05-0.10.540.650.62-0.58-0.66
0.560.940.950.50.8-0.360.56-0.40.72-0.070.030.430.820.9-0.010.06-0.86-0.38-0.23-0.20.60.780.65-0.56-0.66
0.0-0.4-0.320.07-0.79-0.36-0.10.98-0.370.910.14-0.24-0.39-0.240.20.240.330.45-0.31-0.12-0.27-0.28-0.350.290.33
0.990.450.470.960.40.56-0.1-0.150.520.00.380.310.260.77-0.18-0.13-0.79-0.19-0.66-0.220.760.760.87-0.71-0.7
-0.04-0.43-0.360.04-0.81-0.40.98-0.15-0.420.910.13-0.27-0.41-0.280.270.320.380.51-0.330.07-0.34-0.34-0.420.350.39
0.510.790.720.340.710.72-0.370.52-0.42-0.110.020.450.720.70.17-0.28-0.65-0.19-0.15-0.240.430.520.69-0.34-0.42
0.12-0.06-0.010.17-0.54-0.070.910.00.91-0.11-0.020.05-0.010.030.380.380.130.53-0.420.0-0.13-0.15-0.220.230.24
0.37-0.22-0.120.36-0.150.030.140.380.130.02-0.02-0.71-0.410.050.030.1-0.2-0.16-0.49-0.02-0.110.130.13-0.12-0.18
0.320.620.50.320.50.43-0.240.31-0.270.450.05-0.710.690.55-0.05-0.12-0.380.11-0.07-0.120.660.330.51-0.38-0.32
0.270.950.890.190.780.82-0.390.26-0.410.72-0.01-0.410.690.710.180.06-0.61-0.16-0.05-0.090.460.50.44-0.32-0.41
0.770.860.880.740.710.9-0.240.77-0.280.70.030.050.550.71-0.14-0.05-0.94-0.3-0.45-0.20.750.860.78-0.74-0.78
-0.130.05-0.04-0.19-0.16-0.010.2-0.180.270.170.380.03-0.050.18-0.140.70.310.75-0.330.33-0.47-0.49-0.360.690.62
-0.08-0.02-0.020.01-0.210.060.24-0.130.32-0.280.380.1-0.120.06-0.050.70.180.6-0.460.41-0.3-0.3-0.430.430.39
-0.78-0.78-0.85-0.74-0.73-0.860.33-0.790.38-0.650.13-0.2-0.38-0.61-0.940.310.180.50.390.23-0.75-0.95-0.810.840.9
-0.13-0.31-0.39-0.08-0.54-0.380.45-0.190.51-0.190.53-0.160.11-0.16-0.30.750.60.5-0.380.32-0.35-0.62-0.40.650.7
-0.71-0.13-0.16-0.770.05-0.23-0.31-0.66-0.33-0.15-0.42-0.49-0.07-0.05-0.45-0.33-0.460.39-0.38-0.12-0.27-0.23-0.30.260.25
-0.22-0.15-0.21-0.18-0.1-0.2-0.12-0.220.07-0.240.0-0.02-0.12-0.09-0.20.330.410.230.32-0.12-0.36-0.31-0.40.330.32
0.750.580.550.760.540.6-0.270.76-0.340.43-0.13-0.110.660.460.75-0.47-0.3-0.75-0.35-0.27-0.360.760.9-0.83-0.77
0.740.680.780.70.650.78-0.280.76-0.340.52-0.150.130.330.50.86-0.49-0.3-0.95-0.62-0.23-0.310.760.78-0.86-0.91
0.840.610.580.770.620.65-0.350.87-0.420.69-0.220.130.510.440.78-0.36-0.43-0.81-0.4-0.3-0.40.90.78-0.79-0.78
-0.69-0.5-0.56-0.72-0.58-0.560.29-0.710.35-0.340.23-0.12-0.38-0.32-0.740.690.430.840.650.260.33-0.83-0.86-0.790.98
-0.67-0.59-0.67-0.68-0.66-0.660.33-0.70.39-0.420.24-0.18-0.32-0.41-0.780.620.390.90.70.250.32-0.77-0.91-0.780.98
Click cells to compare fundamentals

Ucore Rare Account Relationship Matchups

Ucore Rare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.5M46.7M49.4M53.2M60.6M38.2M
Other Current Liab493.9K742.6K902.8K1.5M3.0M3.2M
Total Current Liabilities1.7M2.0M2.1M2.8M4.5M4.7M
Total Stockholder Equity38.8M41.4M46.0M48.2M49.1M35.0M
Net Debt(1.6M)3.5M(817.9K)1.3M8.3M8.7M
Accounts Payable493.9K742.6K902.8K1.5M1.7M1.8M
Cash2.8M1.0M3.3M2.3M248.4K236.0K
Non Current Assets Total37.2M45.3M45.6M50.3M58.1M34.1M
Cash And Short Term Investments2.8M1.0M3.3M2.3M248.4K236.0K
Liabilities And Stockholders Equity40.5M46.7M49.4M53.2M60.6M38.2M
Total Liab1.7M5.3M3.4M5.0M11.5M12.1M
Total Current Assets3.3M1.4M3.9M2.9M2.6M2.9M
Property Plant And Equipment Net37.2M37.1M37.4M42.2M10.9M10.3M
Non Currrent Assets Other57.3K56.2K56.0K69.3K39.1M41.1M
Net Receivables278.8K154.8K292.7K433.5K1.8M1.9M
Common Stock Shares Outstanding29.9M39.5M48.2M49.3M58.6M61.5M
Non Current Liabilities Total1.1M3.3M1.3M2.2M7.1M7.4M
Other Stockholder Equity24.6M25.4M27.2M30.7M28.9M32.7M
Accumulated Other Comprehensive Income4.3M3.8M3.9M5.6M11.8M12.4M
Retained Earnings(58.3M)(63.8M)(69.3M)(74.8M)(82.4M)(78.3M)
Other Current Assets228.0K216.5K233.3K235.6K542.4K542.7K
Net Tangible Assets38.8M33.3M37.9M40.1M46.2M40.7M
Common Stock68.3M76.0M84.3M86.7M90.8M71.8M
Property Plant Equipment37.2M37.1M37.4M42.2M48.5M41.3M
Other Assets57.3K56.2K56.0K69.3K1.00.95
Short Long Term Debt Total1.2M4.5M2.5M3.5M8.5M8.9M
Capital Lease Obligations77.9K257.3K178.6K87.3K3.1M3.3M
Net Invested Capital40.0M45.7M48.4M51.7M54.5M51.1M
Net Working Capital2.7M(579.4K)2.9M98.3K(4.4M)(4.2M)
Capital Stock68.3M76.0M84.3M86.7M90.8M85.4M

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