UCloud Minority Interest vs Selling General Administrative Analysis

688158 Stock   13.98  0.92  6.17%   
UCloud Technology financial indicator trend analysis is much more than just breaking down UCloud Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UCloud Technology is a good investment. Please check the relationship between UCloud Technology Minority Interest and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UCloud Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Minority Interest vs Selling General Administrative

Minority Interest vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UCloud Technology Minority Interest account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between UCloud Technology's Minority Interest and Selling General Administrative is 0.58. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of UCloud Technology Co, assuming nothing else is changed. The correlation between historical values of UCloud Technology's Minority Interest and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of UCloud Technology Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Minority Interest i.e., UCloud Technology's Minority Interest and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of UCloud Technology Co whose combined shares represent less than 50% of the total outstanding shares issued by UCloud Technology have a minority interest in UCloud Technology.

Selling General Administrative

Most indicators from UCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UCloud Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in UCloud Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 248 M, whereas Tax Provision is forecasted to decline to about 548.5 K.
 2021 2022 2023 2024 (projected)
Interest Income28.8M35.1M25.8M32.4M
Net Interest Income19.8M19.7M20.6M19.2M

UCloud Technology fundamental ratios Correlations

0.730.0-0.920.49-0.67-0.36-0.87-0.71-0.560.970.86-0.59-0.89-0.79-0.73-0.77-0.62-0.75-0.55-0.64-0.53-0.56-0.76-0.27-0.49
0.730.12-0.5-0.05-0.030.06-0.39-0.090.110.850.79-0.02-0.47-0.21-0.12-0.26-0.11-0.120.12-0.13-0.010.14-0.180.31-0.39
0.00.12-0.040.490.110.81-0.030.230.420.010.410.1-0.080.00.07-0.040.090.030.37-0.43-0.250.230.050.59-0.18
-0.92-0.5-0.04-0.610.870.440.980.870.73-0.84-0.730.820.970.930.910.940.820.90.70.810.680.740.920.370.62
0.49-0.050.49-0.61-0.680.03-0.65-0.57-0.510.340.52-0.58-0.62-0.73-0.7-0.66-0.54-0.76-0.53-0.91-0.85-0.69-0.68-0.29-0.23
-0.67-0.030.110.87-0.680.630.920.980.93-0.52-0.390.950.840.940.980.930.90.960.910.810.750.950.970.650.49
-0.360.060.810.440.030.630.470.70.83-0.290.090.590.350.490.560.450.550.510.780.110.180.680.530.790.13
-0.87-0.39-0.030.98-0.650.920.470.930.79-0.77-0.670.880.960.950.950.970.870.930.760.820.720.80.960.440.62
-0.71-0.090.230.87-0.570.980.70.930.95-0.56-0.380.920.850.920.960.910.880.940.920.720.650.920.950.680.48
-0.560.110.420.73-0.510.930.830.790.95-0.4-0.170.860.690.840.890.790.80.870.980.60.60.960.860.830.29
0.970.850.01-0.840.34-0.52-0.29-0.77-0.56-0.40.89-0.45-0.8-0.66-0.58-0.65-0.5-0.6-0.37-0.51-0.42-0.39-0.62-0.14-0.47
0.860.790.41-0.730.52-0.390.09-0.67-0.38-0.170.89-0.26-0.74-0.61-0.46-0.53-0.29-0.53-0.16-0.61-0.55-0.28-0.50.02-0.31
-0.59-0.020.10.82-0.580.950.590.880.920.86-0.45-0.260.760.830.950.950.990.870.820.720.630.840.950.490.7
-0.89-0.47-0.080.97-0.620.840.350.960.850.69-0.8-0.740.760.940.880.910.750.90.670.810.710.720.90.370.55
-0.79-0.210.00.93-0.730.940.490.950.920.84-0.66-0.610.830.940.950.910.780.990.810.860.840.90.950.60.4
-0.73-0.120.070.91-0.70.980.560.950.960.89-0.58-0.460.950.880.950.970.930.970.850.820.780.921.00.590.56
-0.77-0.26-0.040.94-0.660.930.450.970.910.79-0.65-0.530.950.910.910.970.950.920.750.810.720.80.990.410.72
-0.62-0.110.090.82-0.540.90.550.870.880.8-0.5-0.290.990.750.780.930.950.820.760.690.580.770.930.40.78
-0.75-0.120.030.9-0.760.960.510.930.940.87-0.6-0.530.870.90.990.970.920.820.840.840.860.940.970.650.4
-0.550.120.370.7-0.530.910.780.760.920.98-0.37-0.160.820.670.810.850.750.760.840.630.520.930.820.760.26
-0.64-0.13-0.430.81-0.910.810.110.820.720.6-0.51-0.610.720.810.860.820.810.690.840.630.80.720.80.260.43
-0.53-0.01-0.250.68-0.850.750.180.720.650.6-0.42-0.550.630.710.840.780.720.580.860.520.80.780.770.540.18
-0.560.140.230.74-0.690.950.680.80.920.96-0.39-0.280.840.720.90.920.80.770.940.930.720.780.890.830.22
-0.76-0.180.050.92-0.680.970.530.960.950.86-0.62-0.50.950.90.951.00.990.930.970.820.80.770.890.550.61
-0.270.310.590.37-0.290.650.790.440.680.83-0.140.020.490.370.60.590.410.40.650.760.260.540.830.55-0.22
-0.49-0.39-0.180.62-0.230.490.130.620.480.29-0.47-0.310.70.550.40.560.720.780.40.260.430.180.220.61-0.22
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UCloud Technology Account Relationship Matchups

UCloud Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab242.6M244.5M320.8M273.9M82.7M78.6M
Total Current Liabilities435.6M1.0B1.9B960.5M1.1B1.1B
Other Liab27.1M31.1M38.6M21.0M18.9M23.6M
Net Tangible Assets1.7B3.2B2.6B2.9B3.3B2.1B
Retained Earnings11.8M(352.1M)(984.2M)(1.4B)(1.7B)(1.7B)
Accounts Payable166.0M686.8M842.2M540.6M615.6M422.4M
Other Assets9.9M27.2M40.1M5.5M6.4M6.0M
Net Receivables340.7M496.2M460.4M462.1M475.0M388.8M
Inventory36.6M75.6M93.6M47.2M57.2M47.3M
Other Current Assets11.8M118.6M209.1M47.5M77.5M66.2M
Other Stockholder Equity395.1K1.6M3.3M1.2M1.1M1.7M
Deferred Long Term Liab3.4M6.6M6.6M3.0M2.7M4.1M
Total Current Assets1.3B2.8B2.4B2.2B1.9B1.9B
Property Plant Equipment901.9M1.4B2.1B1.7B2.0B1.2B
Total Assets2.2B4.3B4.7B4.1B3.8B3.6B
Total Stockholder Equity1.7B3.3B2.7B3.0B2.6B2.5B
Cash874.8M2.1B1.6B1.6B1.3B1.4B
Non Current Assets Total945.3M1.5B2.3B1.9B1.9B1.6B
Non Current Liabilities Total27.1M31.1M103.4M136.7M97.0M72.0M
Total Liab462.7M1.0B2.0B1.1B1.2B1.0B
Net Invested Capital1.7B3.3B3.4B3.2B2.7B2.7B
Net Working Capital828.3M1.8B484.3M1.2B850.5M1.0B
Intangible Assets30.5M85.3M83.8M82.5M80.3M57.1M

Currently Active Assets on Macroaxis

Other Information on Investing in UCloud Stock

Balance Sheet is a snapshot of the financial position of UCloud Technology at a specified time, usually calculated after every quarter, six months, or one year. UCloud Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UCloud Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UCloud currently owns. An asset can also be divided into two categories, current and non-current.