• 2023-11-11 13:13:19
UGRO


Diving deep into urban-gro, Inc. balance sheet, it's clear that there's more than meets the eye. Unraveling the treasure trove of value, we find the current assets standing tall at $34,758,855. While most investors might skim past this, understanding this figure, alongside the current liabilities of $31,945,187, equips us with a crucial liquidity measure - the current ratio. A ratio north of 1 suggests outstanding short-term financial health, a fact that often slips past the average investor's radar.

The debt structure of a company has the semblance of an intricate jigsaw puzzle, yet profound insights lie therein. Take for instance, the noncurrent liabilities at a sound $2,531,940 in stark contrast to a much higher current liabilities figure. This suggests that management is maintaining a lean long-term debt approach, minimizing superfluous interest costs. A witty trader wouldn't overlook the equity weighing in at $24,162,197 - indicating that the firm is substantially self-financed.

Now, let's talk about the headliner of every balance sheet - net income. At a loss of $3,367,788, it draws a grim picture. However, the company's Gross Profit is a solid chunk of $2,856,718. It shows potential if the right cost management strategies are employed. These little breadcrumbs pave the path towards prospective earning power, a path less tread by layman investors.

Depreciation and amotization stands at $372,969. Notably, this non-cash charge points to hefty investments in fixed assets - often a signal for future expansion and increased productive capabilities. An attention-grabbing asset commonly missed, is intangible assets valued at $4,634,672. These assets, like brand reputation, are not simply worth their monetary value, but fortify the company's competitive edge.

Lastly, a detail overlooked by many, yet strikingly significant, is the absence of non-controlling interest. The entire equity belongs to the parent, indicating full command over resources and strategic direction. This could be a strength, provided the management steers the ship in the right direction.

Stock investing is a lot like solving a mystery; it's about connecting the dots and understanding the underlying story. The average investor may not have the sherlockian eye for these details. Yet, these insights hold the true value when it comes to understanding stock potential, a tale far beyond mere price numbers.