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 Total Current Assets and its Long Term Debt accounts. Check out
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signals in population.
For more information on how to buy Ucommune Stock please use our
How to Invest in Ucommune International guide.
Total Current Assets vs Long Term Debt
Total Current Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ucommune International Total Current Assets account and
Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ucommune International's Total Current Assets and Long Term Debt is 0.6. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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 Total Current Assets 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 Total Current Assets of Ucommune International 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 Total Current Assets i.e., Ucommune International's Total Current Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Long Term Debt
Long-term debt is a debt that Ucommune International has held for over one year. Long-term debt appears on Ucommune International 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 Ucommune International 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 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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