Upexi Other Current Liab vs Total Assets Analysis
UPXI Stock | USD 4.64 0.07 1.53% |
Upexi financial indicator trend analysis is much more than just breaking down Upexi Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Upexi Inc is a good investment. Please check the relationship between Upexi Other Current Liab and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upexi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Other Current Liab vs Total Assets
Other Current Liab vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Upexi Inc Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Upexi's Other Current Liab and Total Assets is 0.98. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Upexi Inc, assuming nothing else is changed. The correlation between historical values of Upexi's Other Current Liab and Total Assets 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 Upexi Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Upexi's Other Current Liab and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Liab
Total Assets
Total assets refers to the total amount of Upexi assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Upexi Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Upexi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Upexi Inc 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 Upexi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. The Upexi's current Issuance Of Capital Stock is estimated to increase to about 7.3 M, while Tax Provision is forecasted to increase to (2.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 202.1K | 4.8M | 5.5M | 5.7M | Depreciation And Amortization | 1.8M | 5.2M | 5.9M | 6.2M |
Upexi fundamental ratios Correlations
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Upexi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Upexi fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.4M | 27.3M | 48.5M | 63.9M | 73.4M | 77.1M | |
Other Current Liab | 417.1K | 3.0M | 2.5M | 4.6M | 5.3M | 5.6M | |
Total Current Liabilities | 3.5M | 5.8M | 10.1M | 19.6M | 22.5M | 23.7M | |
Total Stockholder Equity | 225.6K | 21.2M | 28.7M | 28.3M | 32.6M | 18.3M | |
Net Tangible Assets | (1.5M) | 17.0M | 28.8M | 4.5M | 5.2M | 4.9M | |
Property Plant And Equipment Net | 2.0M | 3.2M | 9.0M | 7.9M | 9.1M | 4.9M | |
Current Deferred Revenue | 473.3K | 486.0K | 335.2K | 3.4M | 3.9M | 4.1M | |
Net Debt | 2.0M | (13.7M) | 8.1M | 22.9M | 26.3M | 27.6M | |
Retained Earnings | (7.1M) | (4.2M) | (6.3M) | (23.2M) | (20.9M) | (19.8M) | |
Accounts Payable | 484.3K | 1.6M | 1.6M | 4.0M | 4.6M | 4.8M | |
Cash | 887.5K | 14.5M | 7.1M | 4.5M | 5.2M | 6.8M | |
Non Current Assets Total | 3.8M | 9.0M | 31.4M | 38.4M | 44.2M | 46.4M | |
Non Currrent Assets Other | 37.1K | 49.1K | 100.4K | 1.0M | 1.2M | 1.2M | |
Cash And Short Term Investments | 887.5K | 14.5M | 7.1M | 4.5M | 5.2M | 6.8M | |
Net Receivables | 165.1K | 1.3M | 939.9K | 8.2M | 9.4M | 9.8M | |
Liabilities And Stockholders Equity | 6.4M | 27.3M | 48.5M | 63.9M | 73.4M | 77.1M | |
Non Current Liabilities Total | 703.4K | 217.4K | 9.6M | 16.4M | 18.9M | 19.8M | |
Capital Lease Obligations | 799.2K | 417.0K | 968.3K | 582.8K | 670.2K | 608.8K | |
Inventory | 1.4M | 2.1M | 6.5M | 11.6M | 13.3M | 14.0M | |
Other Current Assets | 148.6K | 438.0K | 4.6M | 1.3M | 1.4M | 1.4M | |
Other Stockholder Equity | 7.3M | 25.4M | 35.0M | 51.5M | 59.3M | 62.2M | |
Total Liab | 4.2M | 6.0M | 19.7M | 36.0M | 41.4M | 43.5M | |
Net Invested Capital | 2.3M | 21.7M | 43.0M | 55.1M | 63.4M | 66.5M | |
Total Current Assets | 2.6M | 18.3M | 17.1M | 25.5M | 29.3M | 15.1M | |
Capital Stock | 10.2K | 15.8K | 17.2K | 20.7K | 23.8K | 16.3K | |
Net Working Capital | (869.8K) | 12.5M | 6.9M | 5.8M | 6.7M | 6.2M | |
Intangible Assets | 1.2M | 1.8M | 12.1M | 13.6M | 15.6M | 16.4M | |
Common Stock | 10.2K | 15.3K | 16.7K | 20.2K | 23.2K | 15.9K | |
Property Plant Equipment | 2.0M | 2.7M | 9.0M | 7.9M | 9.1M | 4.8M |
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When determining whether Upexi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Upexi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Upexi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Upexi Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upexi Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Upexi. If investors know Upexi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Upexi listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 35.728 | Earnings Share (24.60) | Revenue Per Share 83.431 | Quarterly Revenue Growth (0.34) | Return On Assets (0.09) |
The market value of Upexi Inc is measured differently than its book value, which is the value of Upexi that is recorded on the company's balance sheet. Investors also form their own opinion of Upexi's value that differs from its market value or its book value, called intrinsic value, which is Upexi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Upexi's market value can be influenced by many factors that don't directly affect Upexi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Upexi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upexi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upexi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.