| 0LJQ Stock | | | 7.46 0.08 1.06% |
Uranium Energy financial indicator trend analysis is much more than just breaking down Uranium Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Energy Corp is a good investment. Please check the relationship between Uranium Energy Ebit and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 board of governors.
Ebit vs Operating Income
Ebit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Uranium Energy Corp Ebit account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Uranium Energy's Ebit and Operating Income is 0.64. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Uranium Energy Corp, assuming nothing else is changed. The correlation between historical values of Uranium Energy's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Uranium Energy Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Uranium Energy's Ebit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Ebit
Operating Income
Operating Income is the amount of profit realized from Uranium Energy Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Uranium Energy Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Uranium Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Energy 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 board of governors.
Selling General Administrative is likely to drop to about 5.8
M in 2024.
Tax Provision is likely to drop to -4,842 in 2024
Uranium Energy fundamental ratios Correlations
Click cells to compare fundamentals
Uranium Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uranium Energy fundamental ratios Accounts
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measure Uranium Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Uranium Energy is operating at the current time. Most of Uranium Energy's value examination focuses on studying past and present price action to
predict the probability of Uranium Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uranium Energy's price. Additionally, you may evaluate how the addition of Uranium Energy to your portfolios can decrease your overall portfolio volatility.