| UKOMW Stock | | | USD 0.01 0 33.33% |
Ucommune International financial indicator trend analysis is much more than just breaking down Ucommune International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ucommune International is a good investment. Please check the relationship between Ucommune International Non Currrent Assets Other and its Capital Lease Obligations accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ucommune International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Ucommune Stock please use our
How to Invest in Ucommune International guide.
Non Currrent Assets Other vs Capital Lease Obligations
Non Currrent Assets Other vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ucommune International Non Currrent Assets Other account and
Capital Lease Obligations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ucommune International's Non Currrent Assets Other and Capital Lease Obligations is 0.72. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Ucommune International, assuming nothing else is changed. The correlation between historical values of Ucommune International's Non Currrent Assets Other and Capital Lease Obligations 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 Ucommune International are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Non Currrent Assets Other i.e., Ucommune International's Non Currrent Assets Other and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
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.
Capital Lease Obligations
Ucommune International capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Ucommune International asset purchases. For example, Ucommune International can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Ucommune International control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Ucommune International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ucommune International 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 Ucommune International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Ucommune Stock please use our
How to Invest in Ucommune International guide.
Sales General And Administrative To Revenue is likely to climb to 0.33 in 2024, whereas
Selling General Administrative is likely to drop slightly above 96.1
M in 2024.
Ucommune International fundamental ratios Correlations
Click cells to compare fundamentals
Ucommune International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ucommune International fundamental ratios Accounts
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Additional Tools for Ucommune Stock Analysis
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predict the probability of Ucommune International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ucommune International's price. Additionally, you may evaluate how the addition of Ucommune International to your portfolios can decrease your overall portfolio volatility.