USEG Other Non Cash Items vs Change Receivables Analysis

USEG Stock  USD 1.56  0.01  0.65%   
US Energy financial indicator trend analysis is much more than just breaking down US Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether US Energy Corp is a good investment. Please check the relationship between US Energy Other Non Cash Items and its Change Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Non Cash Items vs Change Receivables

Other Non Cash Items vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of US Energy Corp Other Non Cash Items account and Change Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between US Energy's Other Non Cash Items and Change Receivables is 0.27. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change Receivables in the same time period over historical financial statements of US Energy Corp, assuming nothing else is changed. The correlation between historical values of US Energy's Other Non Cash Items and Change Receivables 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 Non Cash Items of US Energy Corp are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Other Non Cash Items i.e., US Energy's Other Non Cash Items and Change Receivables go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Non Cash Items

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Most indicators from US Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into US Energy Corp 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 US Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The current Selling General Administrative is estimated to decrease to about 7.2 M. The current Discontinued Operations is estimated to decrease to about (2.3 M)
 2021 2022 2023 2024 (projected)
Interest Expense57K12.2M1.1M869.6K
Depreciation And Amortization679K9.8M11.4M12.0M

US Energy fundamental ratios Correlations

0.790.670.680.990.990.390.570.660.990.050.630.940.160.590.010.120.790.78-0.10.60.780.7-0.160.390.63
0.790.640.720.730.780.760.570.450.80.270.410.740.180.63-0.09-0.040.850.6-0.030.50.590.550.230.560.43
0.670.640.630.580.60.390.070.470.62-0.060.440.570.590.80.440.370.820.75-0.380.620.310.77-0.180.420.31
0.680.720.630.610.640.330.30.640.64-0.160.610.580.110.380.10.320.80.720.280.630.70.43-0.220.330.36
0.990.730.580.610.970.320.640.650.980.070.620.950.050.49-0.050.040.680.77-0.10.60.790.62-0.160.390.68
0.990.780.60.640.970.420.540.591.00.020.560.920.180.60.00.140.790.68-0.060.50.760.7-0.170.30.59
0.390.760.390.330.320.420.34-0.230.440.34-0.270.340.270.55-0.03-0.090.560.10.060.130.080.360.470.40.2
0.570.570.070.30.640.540.340.350.560.620.320.58-0.57-0.06-0.53-0.680.180.490.060.550.6-0.040.50.750.77
0.660.450.470.640.650.59-0.230.350.6-0.081.00.64-0.040.24-0.030.120.520.79-0.140.580.790.37-0.30.290.37
0.990.80.620.640.981.00.440.560.60.060.560.930.190.610.010.120.790.7-0.070.510.760.71-0.140.330.61
0.050.27-0.06-0.160.070.020.340.62-0.080.06-0.120.06-0.26-0.01-0.35-0.74-0.05-0.01-0.180.080.01-0.040.880.650.42
0.630.410.440.610.620.56-0.270.321.00.56-0.120.62-0.060.21-0.060.130.480.78-0.160.580.760.33-0.330.270.34
0.940.740.570.580.950.920.340.580.640.930.060.620.080.50.00.070.670.76-0.220.550.720.62-0.150.350.47
0.160.180.590.110.050.180.27-0.57-0.040.19-0.26-0.060.080.840.710.720.540.01-0.32-0.24-0.150.78-0.25-0.31-0.3
0.590.630.80.380.490.60.55-0.060.240.61-0.010.210.50.840.50.450.820.38-0.380.120.220.91-0.040.120.1
0.01-0.090.440.1-0.050.0-0.03-0.53-0.030.01-0.35-0.060.00.710.50.580.250.07-0.12-0.17-0.050.49-0.35-0.31-0.21
0.12-0.040.370.320.040.14-0.09-0.680.120.12-0.740.130.070.720.450.580.390.070.04-0.160.020.55-0.73-0.62-0.41
0.790.850.820.80.680.790.560.180.520.79-0.050.480.670.540.820.250.390.6-0.10.430.520.78-0.110.290.29
0.780.60.750.720.770.680.10.490.790.7-0.010.780.760.010.380.070.070.6-0.240.890.670.45-0.20.590.56
-0.1-0.03-0.380.28-0.1-0.060.060.06-0.14-0.07-0.18-0.16-0.22-0.32-0.38-0.120.04-0.1-0.24-0.20.3-0.29-0.09-0.260.1
0.60.50.620.630.60.50.130.550.580.510.080.580.55-0.240.12-0.17-0.160.430.89-0.20.450.14-0.040.750.62
0.780.590.310.70.790.760.080.60.790.760.010.760.72-0.150.22-0.050.020.520.670.30.450.36-0.150.260.6
0.70.550.770.430.620.70.36-0.040.370.71-0.040.330.620.780.910.490.550.780.45-0.290.140.36-0.250.00.19
-0.160.23-0.18-0.22-0.16-0.170.470.5-0.3-0.140.88-0.33-0.15-0.25-0.04-0.35-0.73-0.11-0.2-0.09-0.04-0.15-0.250.610.23
0.390.560.420.330.390.30.40.750.290.330.650.270.35-0.310.12-0.31-0.620.290.59-0.260.750.260.00.610.66
0.630.430.310.360.680.590.20.770.370.610.420.340.47-0.30.1-0.21-0.410.290.560.10.620.60.190.230.66
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US Energy Account Relationship Matchups

US Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Stockholder Equity11.7M8.6M13.4M78.4M46.5M39.7M
Non Current Assets Total11.1M7.7M11.7M109.9M72.1M43.0M
Common Stock Shares Outstanding1.3M1.6M4.5M24.7M25.3M26.6M
Accumulated Other Comprehensive Income(903K)(87.8M)(88.6M)(12.4M)(11.1M)(11.7M)
Other Liab1.4M892K1.5M1.5M1.3M1.3M
Other Assets26K7.4M2.9M1.8M1.7M1.6M
Property Plant Equipment11.0M10.6M7.6M188K216.2K205.4K
Net Tangible Assets11.7M11.2M8.6M13.4M12.1M11.5M
Retained Earnings Total Equity(127.1M)(127.7M)(134.1M)(135.9M)(122.3M)(128.4M)
Capital Surpluse136.7M136.9M142.7M149.3M171.7M144.8M
Non Current Liabilities Other1.4M1.0M6K1.5M5.4K5.1K

Currently Active Assets on Macroaxis

When determining whether US Energy Corp is a strong investment it is important to analyze US Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact US Energy's future performance. For an informed investment choice regarding USEG Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production 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 US Energy. If investors know USEG 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 US Energy 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
8.237
Earnings Share
(1.30)
Revenue Per Share
0.828
Quarterly Revenue Growth
(0.39)
Return On Assets
(0.24)
The market value of US Energy Corp is measured differently than its book value, which is the value of USEG that is recorded on the company's balance sheet. Investors also form their own opinion of US Energy's value that differs from its market value or its book value, called intrinsic value, which is US Energy'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 US Energy's market value can be influenced by many factors that don't directly affect US Energy'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 US Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Energy'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.