UTime Net Debt vs Capital Lease Obligations Analysis

WTO Stock

0.35 0.01 2.94%

UTime financial indicator trend analysis is much more than just breaking down UTime Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UTime Limited is a good investment. Please check the relationship between UTime Net Debt and its Capital Lease Obligations accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Debt vs Capital Lease Obligations

Net Debt vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UTime Limited Net Debt account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between UTime's Net Debt and Capital Lease Obligations is -0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of UTime Limited, assuming nothing else is changed. The correlation between historical values of UTime's Net Debt and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of UTime Limited are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Net Debt i.e., UTime's Net Debt and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Capital Lease Obligations

UTime Limited capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to UTime asset purchases. For example, UTime can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as UTime control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from UTime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UTime Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, UTime's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 367.5 M, while Tax Provision is likely to drop (161.6 K).

	2021	2022	2023	2024 (projected)
Gross Profit	13.8M	30.1M	8.9M	14.4M
Total Revenue	275.5M	200.5M	172.2M	174.1M

Gross Profit Total Revenue

UTime fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.91	0.91	0.83	0.84	0.46	0.8	-0.77	-0.88	0.74	0.81	0.79	-0.73	0.65	0.56	-0.68	0.51	0.78	-0.83	0.85	0.88	0.89	0.85	0.87	0.83	0.87
Other Current Liab	0.91		0.9	0.78	0.8	0.3	0.66	-0.71	-0.87	0.62	0.83	0.66	-0.87	0.88	0.56	-0.76	0.44	0.76	-0.68	0.82	0.88	0.88	0.81	0.78	0.92	0.84
Total Current Liabilities	0.91	0.9		0.73	0.93	0.41	0.91	-0.81	-0.97	0.89	0.92	0.91	-0.88	0.74	0.84	-0.52	0.7	0.86	-0.85	0.77	0.88	1.0	0.78	0.96	0.97	0.83
Total Stockholder Equity	0.83	0.78	0.73		0.84	0.39	0.64	-0.73	-0.83	0.55	0.62	0.64	-0.64	0.56	0.4	-0.89	0.34	0.61	-0.71	0.99	0.95	0.7	1.0	0.7	0.65	0.98
Other Liab	0.84	0.8	0.93	0.84		0.33	0.9	-0.77	-0.98	0.88	0.8	0.9	-0.78	0.58	0.82	-0.6	0.62	0.73	-0.9	0.87	0.93	0.92	0.87	0.93	0.86	0.91
Net Tangible Assets	0.46	0.3	0.41	0.39	0.33		0.55	-0.83	-0.46	0.48	0.67	0.56	-0.49	0.34	0.35	-0.09	0.77	0.79	-0.15	0.34	0.44	0.46	0.41	0.55	0.36	0.42
Property Plant And Equipment Net	0.8	0.66	0.91	0.64	0.9	0.55		-0.83	-0.91	0.99	0.87	1.0	-0.73	0.46	0.9	-0.27	0.84	0.84	-0.85	0.66	0.77	0.93	0.68	0.99	0.82	0.74
Net Debt	-0.77	-0.71	-0.81	-0.73	-0.77	-0.83	-0.83		0.87	-0.77	-0.93	-0.84	0.85	-0.68	-0.69	0.45	-0.86	-0.96	0.54	-0.72	-0.83	-0.84	-0.77	-0.87	-0.78	-0.8
Retained Earnings	-0.88	-0.87	-0.97	-0.83	-0.98	-0.46	-0.91	0.87		-0.88	-0.91	-0.91	0.89	-0.72	-0.83	0.6	-0.71	-0.85	0.83	-0.86	-0.95	-0.97	-0.87	-0.96	-0.93	-0.92
Accounts Payable	0.74	0.62	0.89	0.55	0.88	0.48	0.99	-0.77	-0.88		0.84	0.99	-0.7	0.42	0.94	-0.18	0.84	0.79	-0.85	0.58	0.7	0.91	0.6	0.97	0.8	0.67
Cash	0.81	0.83	0.92	0.62	0.8	0.67	0.87	-0.93	-0.91	0.84		0.88	-0.94	0.8	0.81	-0.39	0.87	0.98	-0.61	0.65	0.8	0.95	0.68	0.93	0.93	0.74
Non Current Assets Total	0.79	0.66	0.91	0.64	0.9	0.56	1.0	-0.84	-0.91	0.99	0.88		-0.74	0.47	0.9	-0.27	0.85	0.84	-0.84	0.66	0.77	0.93	0.68	0.99	0.82	0.74
Other Assets	-0.73	-0.87	-0.88	-0.64	-0.78	-0.49	-0.73	0.85	0.89	-0.7	-0.94	-0.74		-0.93	-0.76	0.52	-0.74	-0.9	0.52	-0.68	-0.83	-0.9	-0.7	-0.82	-0.96	-0.75
Long Term Debt	0.65	0.88	0.74	0.56	0.58	0.34	0.46	-0.68	-0.72	0.42	0.8	0.47	-0.93		0.5	-0.62	0.48	0.76	-0.31	0.6	0.73	0.73	0.61	0.6	0.86	0.65
Net Receivables	0.56	0.56	0.84	0.4	0.82	0.35	0.9	-0.69	-0.83	0.94	0.81	0.9	-0.76	0.5		-0.08	0.85	0.74	-0.7	0.45	0.62	0.87	0.47	0.89	0.83	0.55
Common Stock Shares Outstanding	-0.68	-0.76	-0.52	-0.89	-0.6	-0.09	-0.27	0.45	0.6	-0.18	-0.39	-0.27	0.52	-0.62	-0.08		0.03	-0.35	0.47	-0.89	-0.81	-0.47	-0.87	-0.38	-0.52	-0.84
Non Current Liabilities Total	0.51	0.44	0.7	0.34	0.62	0.77	0.84	-0.86	-0.71	0.84	0.87	0.85	-0.74	0.48	0.85	0.03		0.89	-0.44	0.34	0.53	0.76	0.4	0.82	0.69	0.47
Capital Lease Obligations	0.78	0.76	0.86	0.61	0.73	0.79	0.84	-0.96	-0.85	0.79	0.98	0.84	-0.9	0.76	0.74	-0.35	0.89		-0.53	0.61	0.77	0.89	0.66	0.89	0.86	0.71
Inventory	-0.83	-0.68	-0.85	-0.71	-0.9	-0.15	-0.85	0.54	0.83	-0.85	-0.61	-0.84	0.52	-0.31	-0.7	0.47	-0.44	-0.53		-0.75	-0.76	-0.82	-0.73	-0.85	-0.71	-0.77
Other Current Assets	0.85	0.82	0.77	0.99	0.87	0.34	0.66	-0.72	-0.86	0.58	0.65	0.66	-0.68	0.6	0.45	-0.89	0.34	0.61	-0.75		0.97	0.74	1.0	0.72	0.71	0.99
Other Stockholder Equity	0.88	0.88	0.88	0.95	0.93	0.44	0.77	-0.83	-0.95	0.7	0.8	0.77	-0.83	0.73	0.62	-0.81	0.53	0.77	-0.76	0.97		0.86	0.98	0.84	0.84	0.99
Total Liab	0.89	0.88	1.0	0.7	0.92	0.46	0.93	-0.84	-0.97	0.91	0.95	0.93	-0.9	0.73	0.87	-0.47	0.76	0.89	-0.82	0.74	0.86		0.76	0.98	0.97	0.81
Net Invested Capital	0.85	0.81	0.78	1.0	0.87	0.41	0.68	-0.77	-0.87	0.6	0.68	0.68	-0.7	0.61	0.47	-0.87	0.4	0.66	-0.73	1.0	0.98	0.76		0.75	0.71	0.99
Property Plant And Equipment Gross	0.87	0.78	0.96	0.7	0.93	0.55	0.99	-0.87	-0.96	0.97	0.93	0.99	-0.82	0.6	0.89	-0.38	0.82	0.89	-0.85	0.72	0.84	0.98	0.75		0.89	0.8
Short Long Term Debt	0.83	0.92	0.97	0.65	0.86	0.36	0.82	-0.78	-0.93	0.8	0.93	0.82	-0.96	0.86	0.83	-0.52	0.69	0.86	-0.71	0.71	0.84	0.97	0.71	0.89		0.77
Total Current Assets	0.87	0.84	0.83	0.98	0.91	0.42	0.74	-0.8	-0.92	0.67	0.74	0.74	-0.75	0.65	0.55	-0.84	0.47	0.71	-0.77	0.99	0.99	0.81	0.99	0.8	0.77

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UTime Account Relationship Matchups

Pair Trading with UTime

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UTime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UTime will appreciate offsetting losses from the drop in the long position's value.

Moving together with UTime Stock

0.76

DOOO

BRP Inc

Pair Corr

Moving against UTime Stock

0.74	RL	Ralph Lauren Corp	Pair Corr
0.63	KTB	Kontoor Brands	Pair Corr
0.57	DOGZ	Dogness International	Pair Corr
0.55	BC	Brunswick	Pair Corr
0.53	UAA	Under Armour A Aggressive Push	Pair Corr

The ability to find closely correlated positions to UTime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UTime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UTime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UTime Limited to buy it.

The correlation of UTime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UTime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UTime Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for UTime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether UTime Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UTime'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 Utime Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Utime Limited Stock:

How To Invest In UTime

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Is UTime Stock a good investment?

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What is UTime's Net Worth?

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Largest Consumer Electronics Companies

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Largest Consumer Durables & Apparel Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Is Consumer Electronics 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 UTime. If investors know UTime 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 UTime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(7.00)

Revenue Per Share

260.043

Quarterly Revenue Growth

0.263

Return On Assets

(0.04)

Return On Equity

(0.17)

The market value of UTime Limited is measured differently than its book value, which is the value of UTime that is recorded on the company's balance sheet. Investors also form their own opinion of UTime's value that differs from its market value or its book value, called intrinsic value, which is UTime'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 UTime's market value can be influenced by many factors that don't directly affect UTime'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 UTime's value and its price as these two are different measures arrived at by different means. Investors typically determine if UTime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UTime'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.

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UTime Net Debt vs Capital Lease Obligations Analysis

Net Debt vs Capital Lease Obligations

Net Debt vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Net Debt

Capital Lease Obligations

UTime fundamental ratios Correlations

UTime Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with UTime

Moving together with UTime Stock

Moving against UTime Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 1.0	Other Current Assets
Other Current Assets	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Property Plant And Equipment Net

Retained Earnings	- 0.98	Other Liab
Total Liab	- 0.97	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Short Long Term Debt	- 0.96	Other Assets
Property Plant And Equipment Gross	- 0.96	Retained Earnings
Capital Lease Obligations	- 0.96	Net Debt