UMAX Net Income vs Other Non Cash Items Analysis

UMAX Stock

USD 0.0001 0.00 0.00%

UMAX Group financial indicator trend analysis is much more than just breaking down UMAX Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UMAX Group Corp is a good investment. Please check the relationship between UMAX Group Net Income and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UMAX Group 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 nation.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UMAX Group Corp Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between UMAX Group's Net Income and Other Non Cash Items is -0.26. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of UMAX Group Corp, assuming nothing else is changed. The correlation between historical values of UMAX Group's Net Income and Other Non Cash Items 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 Income of UMAX Group Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., UMAX Group's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in UMAX Group Corp financial statement analysis. It represents the amount of money remaining after all of UMAX Group Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from UMAX Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UMAX Group 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 UMAX Group 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 nation.

Sales General And Administrative To Revenue is likely to rise to 37.81 in 2024, whereas Selling General Administrative is likely to drop slightly above 57.8 K in 2024.

UMAX Group fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Cash	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Other Current Assets	Other Stockholder Equity	Other Current Liab	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Short Term Investments	Non Current Liabilities Total	Net Invested Capital	Non Current Liabilities Other	Net Working Capital	Net Debt
Total Assets		0.86	-0.31	0.41	0.94	-0.18	0.23	1.0	0.23	-0.07	0.25	0.33	0.25	-0.72	-0.72	-0.7	0.25	-0.7	0.74	-0.25	0.74	0.25
Total Stockholder Equity	0.86		-0.05	0.44	0.89	-0.22	-0.04	0.87	-0.04	-0.03	0.3	0.06	0.3	-0.78	-0.78	-0.76	0.3	-0.76	0.8	-0.31	0.8	0.3
Net Tangible Assets	-0.31	-0.05		0.64	0.03	-0.73	-0.91	-0.29	-0.91	0.43	0.05	-0.95	0.05	-0.37	-0.37	-0.34	0.05	-0.34	0.37	-0.06	0.37	0.05
Retained Earnings	0.41	0.44	0.64		0.66	-0.93	-0.7	0.43	-0.7	0.06	0.21	-0.68	0.21	-0.87	-0.87	-0.82	0.21	-0.82	0.88	-0.22	0.88	0.21
Cash	0.94	0.89	0.03	0.66		-0.46	-0.09	0.95	-0.09	0.07	0.31	0.01	0.31	-0.88	-0.88	-0.86	0.31	-0.86	0.91	-0.32	0.91	0.31
Total Liab	-0.18	-0.22	-0.73	-0.93	-0.46		0.84	-0.2	0.84	-0.06	-0.4	0.76	-0.4	0.7	0.7	0.72	-0.4	0.72	-0.74	0.39	-0.74	-0.4
Short Long Term Debt	0.23	-0.04	-0.91	-0.7	-0.09	0.84		0.22	1.0	-0.08	-0.34	0.95	-0.34	0.44	0.44	0.48	-0.34	0.48	-0.47	0.33	-0.47	-0.34
Total Current Assets	1.0	0.87	-0.29	0.43	0.95	-0.2	0.22		0.22	-0.06	0.26	0.32	0.26	-0.73	-0.73	-0.71	0.26	-0.71	0.75	-0.26	0.75	0.26
Short Term Debt	0.23	-0.04	-0.91	-0.7	-0.09	0.84	1.0	0.22		-0.08	-0.34	0.95	-0.34	0.44	0.44	0.48	-0.34	0.48	-0.47	0.33	-0.47	-0.34
Common Stock	-0.07	-0.03	0.43	0.06	0.07	-0.06	-0.08	-0.06	-0.08		-0.14	-0.14	-0.14	-0.02	-0.02	0.01	-0.14	0.01	0.01	0.12	0.01	-0.14
Other Current Assets	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14		-0.05	1.0	-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35	1.0
Other Stockholder Equity	0.33	0.06	-0.95	-0.68	0.01	0.76	0.95	0.32	0.95	-0.14	-0.05		-0.05	0.39	0.39	0.35	-0.05	0.35	-0.39	0.06	-0.39	-0.05
Other Current Liab	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05		-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35	1.0
Non Current Assets Total	-0.72	-0.78	-0.37	-0.87	-0.88	0.7	0.44	-0.73	0.44	-0.02	-0.2	0.39	-0.2		1.0	0.96	-0.2	0.96	-0.97	0.35	-0.97	-0.2
Non Currrent Assets Other	-0.72	-0.78	-0.37	-0.87	-0.88	0.7	0.44	-0.73	0.44	-0.02	-0.2	0.39	-0.2	1.0		0.96	-0.2	0.96	-0.97	0.35	-0.97	-0.2
Long Term Debt	-0.7	-0.76	-0.34	-0.82	-0.86	0.72	0.48	-0.71	0.48	0.01	-0.42	0.35	-0.42	0.96	0.96		-0.42	1.0	-0.94	0.58	-0.95	-0.42
Short Term Investments	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05	1.0	-0.2	-0.2	-0.42		-0.42	0.34	-0.82	0.35	1.0
Non Current Liabilities Total	-0.7	-0.76	-0.34	-0.82	-0.86	0.72	0.48	-0.71	0.48	0.01	-0.42	0.35	-0.42	0.96	0.96	1.0	-0.42		-0.94	0.58	-0.95	-0.42
Net Invested Capital	0.74	0.8	0.37	0.88	0.91	-0.74	-0.47	0.75	-0.47	0.01	0.34	-0.39	0.34	-0.97	-0.97	-0.94	0.34	-0.94		-0.35	1.0	0.34
Non Current Liabilities Other	-0.25	-0.31	-0.06	-0.22	-0.32	0.39	0.33	-0.26	0.33	0.12	-0.82	0.06	-0.82	0.35	0.35	0.58	-0.82	0.58	-0.35		-0.36	-0.82
Net Working Capital	0.74	0.8	0.37	0.88	0.91	-0.74	-0.47	0.75	-0.47	0.01	0.35	-0.39	0.35	-0.97	-0.97	-0.95	0.35	-0.95	1.0	-0.36		0.35
Net Debt	0.25	0.3	0.05	0.21	0.31	-0.4	-0.34	0.26	-0.34	-0.14	1.0	-0.05	1.0	-0.2	-0.2	-0.42	1.0	-0.42	0.34	-0.82	0.35

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UMAX Group Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for UMAX Stock Analysis

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UMAX Net Income vs Other Non Cash Items Analysis

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Income

Other Non Cash Items

UMAX Group fundamental ratios Correlations

UMAX Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for UMAX Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt
Other Current Liab	+ 1.0	Other Current Assets
Short Term Investments	+ 1.0	Other Current Assets
Net Debt	+ 1.0	Other Current Assets
Short Term Investments	+ 1.0	Other Current Liab

Net Working Capital	- 0.97	Non Currrent Assets Other
Net Invested Capital	- 0.97	Non Currrent Assets Other
Net Working Capital	- 0.97	Non Current Assets Total
Net Invested Capital	- 0.97	Non Current Assets Total
Net Working Capital	- 0.95	Non Current Liabilities Total
Net Working Capital	- 0.95	Long Term Debt