URU Property Plant And Equipment Gross vs Total Assets Analysis
URU Stock | 150.00 0.00 0.00% |
URU Metals financial indicator trend analysis is much more than just breaking down URU Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether URU Metals is a good investment. Please check the relationship between URU Metals Property Plant And Equipment Gross and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in URU Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Property Plant And Equipment Gross vs Total Assets
Property Plant And Equipment Gross vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of URU Metals Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between URU Metals' Property Plant And Equipment Gross and Total Assets is -0.41. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets in the same time period over historical financial statements of URU Metals, assuming nothing else is changed. The correlation between historical values of URU Metals' Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of URU Metals 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 Property Plant And Equipment Gross i.e., URU Metals' Property Plant And Equipment Gross and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Total Assets
Total assets refers to the total amount of URU Metals 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 URU Metals 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 URU Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into URU Metals 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 URU Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of December 29, 2024, Selling General Administrative is expected to decline to about 496.9 K. In addition to that, Discontinued Operations is expected to decline to about (172.9 K)
URU Metals fundamental ratios Correlations
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URU Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
URU Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 271K | 929K | 974K | 702K | 670K | 488.3K | |
Accounts Payable | 888K | 435K | 1.6M | 1.7M | 2.2M | 2.3M | |
Non Currrent Assets Other | 38.3K | 37.2K | (4.7K) | (4.8K) | (5.5K) | (5.8K) | |
Net Receivables | 60K | 95K | 204K | 157K | 180.6K | 189.6K | |
Other Current Assets | 60K | 95K | 204K | 157K | 104K | 98.8K | |
Other Stockholder Equity | 50.7M | 48.7M | 50.9M | 49.5M | 49.5M | 41.6M | |
Property Plant And Equipment Gross | 2.7M | 3.8M | 7.5M | 7.4M | 7.7M | 8.1M | |
Accumulated Other Comprehensive Income | (2.7M) | 1.6K | 1.7K | 1.4K | 1.4M | 1.5M | |
Intangible Assets | 2.7K | 3.8K | 4.7K | 4.8K | 4.3K | 4.1K | |
Net Tangible Assets | (1.5M) | (1.5M) | (3.6M) | (5.0M) | (4.5M) | (4.3M) | |
Net Invested Capital | 1.3M | 2.5M | 1.5M | 271K | (4.2M) | (3.9M) | |
Net Working Capital | (1.5M) | (1.5M) | (981K) | (2.2M) | (3.3M) | (3.1M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in URU Stock
Balance Sheet is a snapshot of the financial position of URU Metals at a specified time, usually calculated after every quarter, six months, or one year. URU Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of URU Metals 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 URU currently owns. An asset can also be divided into two categories, current and non-current.