Cameco Dividends Paid vs Capital Expenditures Analysis

CCO Stock

CAD 77.28 2.41 3.02%

Cameco Corp financial indicator trend analysis is way more than just evaluating Cameco Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cameco Corp is a good investment. Please check the relationship between Cameco Corp Dividends Paid and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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.

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.

The correlation between Cameco Corp's Dividends Paid and Capital Expenditures is 0.74. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Cameco Corp, assuming nothing else is changed. The correlation between historical values of Cameco Corp's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Cameco Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Cameco Corp's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by Cameco Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cameco Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.At this time, Cameco Corp's Tax Provision is very stable compared to the past year. As of the 16th of December 2024, Issuance Of Capital Stock is likely to grow to about 1 B, while Selling General Administrative is likely to drop about 123.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9M	233.3M	561.7M	522.6M
Total Revenue	1.5B	1.9B	2.6B	1.7B

Gross Profit Total Revenue

Cameco Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Short Term Investments	Intangible Assets
Total Assets		0.88	0.64	0.47	0.99	0.75	0.4	0.94	0.6	0.51	0.96	0.26	0.39	0.57	0.92	0.95	0.56	0.16	-0.07	0.98	0.46	0.77	0.31	0.23	0.3	-0.76
Short Long Term Debt Total	0.88		0.51	0.51	0.83	0.76	0.66	0.85	0.51	0.26	0.93	0.07	0.03	0.62	0.78	0.88	0.65	-0.22	-0.2	0.94	0.26	0.49	0.54	0.22	0.09	-0.53
Other Current Liab	0.64	0.51		0.25	0.63	0.45	0.15	0.54	0.17	0.41	0.54	0.11	0.46	0.23	0.53	0.65	0.44	0.16	0.15	0.64	0.32	0.68	0.52	-0.2	0.45	-0.44
Total Current Liabilities	0.47	0.51	0.25		0.4	0.27	0.7	0.33	0.66	0.0	0.51	-0.13	0.09	0.47	0.65	0.33	0.11	0.16	-0.05	0.53	0.64	0.24	0.03	0.19	0.0	-0.4
Total Stockholder Equity	0.99	0.83	0.63	0.4		0.73	0.33	0.94	0.57	0.53	0.94	0.31	0.43	0.51	0.91	0.93	0.56	0.18	-0.09	0.94	0.46	0.8	0.27	0.2	0.35	-0.76
Property Plant And Equipment Net	0.75	0.76	0.45	0.27	0.73		0.51	0.89	0.45	0.19	0.72	-0.04	0.06	0.61	0.56	0.78	0.71	-0.14	0.05	0.75	0.08	0.57	0.46	0.51	0.25	-0.29
Net Debt	0.4	0.66	0.15	0.7	0.33	0.51		0.4	0.5	-0.43	0.52	-0.31	-0.46	0.45	0.42	0.36	0.59	-0.41	-0.08	0.48	0.18	0.0	0.57	0.21	-0.06	-0.05
Retained Earnings	0.94	0.85	0.54	0.33	0.94	0.89	0.4		0.52	0.42	0.92	0.24	0.26	0.61	0.81	0.91	0.62	0.07	-0.02	0.9	0.27	0.7	0.34	0.35	0.28	-0.62
Accounts Payable	0.6	0.51	0.17	0.66	0.57	0.45	0.5	0.52		-0.02	0.58	-0.32	0.17	0.6	0.65	0.44	0.25	0.33	0.26	0.59	0.57	0.45	-0.07	0.57	0.27	-0.32
Cash	0.51	0.26	0.41	0.0	0.53	0.19	-0.43	0.42	-0.02		0.4	0.59	0.74	0.15	0.54	0.57	-0.11	0.42	-0.25	0.48	0.42	0.62	-0.21	-0.11	0.06	-0.78
Non Current Assets Total	0.96	0.93	0.54	0.51	0.94	0.72	0.52	0.92	0.58	0.4		0.27	0.16	0.57	0.9	0.92	0.56	0.02	-0.17	0.97	0.4	0.57	0.36	0.2	0.08	-0.69
Non Currrent Assets Other	0.26	0.07	0.11	-0.13	0.31	-0.04	-0.31	0.24	-0.32	0.59	0.27		0.27	-0.1	0.35	0.32	-0.11	0.29	-0.22	0.2	0.01	0.17	-0.17	-0.23	-0.25	-0.64
Cash And Short Term Investments	0.39	0.03	0.46	0.09	0.43	0.06	-0.46	0.26	0.17	0.74	0.16	0.27		0.15	0.4	0.31	-0.2	0.68	0.17	0.3	0.43	0.81	-0.34	0.03	0.61	-0.58
Net Receivables	0.57	0.62	0.23	0.47	0.51	0.61	0.45	0.61	0.6	0.15	0.57	-0.1	0.15		0.56	0.52	0.1	0.28	0.38	0.6	0.13	0.4	0.15	0.54	0.17	-0.31
Common Stock Shares Outstanding	0.92	0.78	0.53	0.65	0.91	0.56	0.42	0.81	0.65	0.54	0.9	0.35	0.4	0.56		0.86	0.37	0.32	-0.12	0.9	0.68	0.69	0.15	0.15	0.15	-0.88
Non Current Liabilities Total	0.95	0.88	0.65	0.33	0.93	0.78	0.36	0.91	0.44	0.57	0.92	0.32	0.31	0.52	0.86		0.62	0.04	-0.15	0.96	0.38	0.72	0.43	0.18	0.16	-0.74
Inventory	0.56	0.65	0.44	0.11	0.56	0.71	0.59	0.62	0.25	-0.11	0.56	-0.11	-0.2	0.1	0.37	0.62		-0.52	-0.19	0.55	0.06	0.37	0.77	0.05	0.29	-0.16
Other Current Assets	0.16	-0.22	0.16	0.16	0.18	-0.14	-0.41	0.07	0.33	0.42	0.02	0.29	0.68	0.28	0.32	0.04	-0.52		0.58	0.07	0.37	0.44	-0.59	0.22	0.27	-0.42
Other Stockholder Equity	-0.07	-0.2	0.15	-0.05	-0.09	0.05	-0.08	-0.02	0.26	-0.25	-0.17	-0.22	0.17	0.38	-0.12	-0.15	-0.19	0.58		-0.1	-0.24	0.17	-0.11	0.44	0.4	0.23
Total Liab	0.98	0.94	0.64	0.53	0.94	0.75	0.48	0.9	0.59	0.48	0.97	0.2	0.3	0.6	0.9	0.96	0.55	0.07	-0.1		0.44	0.7	0.36	0.24	0.19	-0.72
Property Plant And Equipment Gross	0.46	0.26	0.32	0.64	0.46	0.08	0.18	0.27	0.57	0.42	0.4	0.01	0.43	0.13	0.68	0.38	0.06	0.37	-0.24	0.44		0.46	-0.12	-0.14	0.11	-0.64
Total Current Assets	0.77	0.49	0.68	0.24	0.8	0.57	0.0	0.7	0.45	0.62	0.57	0.17	0.81	0.4	0.69	0.72	0.37	0.44	0.17	0.7	0.46		0.1	0.22	0.71	-0.67
Short Term Debt	0.31	0.54	0.52	0.03	0.27	0.46	0.57	0.34	-0.07	-0.21	0.36	-0.17	-0.34	0.15	0.15	0.43	0.77	-0.59	-0.11	0.36	-0.12	0.1		-0.3	0.13	0.02
Current Deferred Revenue	0.23	0.22	-0.2	0.19	0.2	0.51	0.21	0.35	0.57	-0.11	0.2	-0.23	0.03	0.54	0.15	0.18	0.05	0.22	0.44	0.24	-0.14	0.22	-0.3		0.12	0.09
Short Term Investments	0.3	0.09	0.45	0.0	0.35	0.25	-0.06	0.28	0.27	0.06	0.08	-0.25	0.61	0.17	0.15	0.16	0.29	0.27	0.4	0.19	0.11	0.71	0.13	0.12		-0.09
Intangible Assets	-0.76	-0.53	-0.44	-0.4	-0.76	-0.29	-0.05	-0.62	-0.32	-0.78	-0.69	-0.64	-0.58	-0.31	-0.88	-0.74	-0.16	-0.42	0.23	-0.72	-0.64	-0.67	0.02	0.09	-0.09

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Cameco Corp Account Relationship Matchups

Cameco Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.6B	7.5B	8.6B	9.9B	6.2B
Short Long Term Debt Total	1.0B	1.0B	996.3M	997M	1.8B	934.9M
Other Current Liab	177.0M	140.5M	196.2M	304.4M	252.2M	142.1M
Total Current Liabilities	277.4M	303.8M	413.7M	560.8M	1.2B	1.2B
Total Stockholder Equity	5.0B	5.0B	4.8B	5.8B	6.1B	3.9B
Property Plant And Equipment Net	3.7B	3.8B	3.6B	3.5B	3.4B	3.5B
Net Debt	130.0M	267.3M	(17.9M)	92.3M	1.2B	1.3B
Retained Earnings	2.8B	2.7B	2.6B	2.7B	3.0B	2.0B
Accounts Payable	100.4M	137.2M	213.4M	250.0M	388.9M	241.5M
Cash	866.7M	728.2M	1.0B	904.7M	566.8M	410.8M
Non Current Assets Total	5.6B	5.6B	5.4B	5.3B	8.1B	4.6B
Non Currrent Assets Other	1.3B	1.3B	577.5M	595.5M	613.8M	537.4M
Cash And Short Term Investments	866.7M	753.2M	1.1B	2.0B	566.8M	538.9M
Net Receivables	338.3M	231.9M	304.3M	217.2M	413.8M	322.5M
Liabilities And Stockholders Equity	7.4B	7.6B	7.5B	8.6B	9.9B	6.2B
Non Current Liabilities Total	2.2B	2.3B	2.3B	2.2B	2.7B	1.7B
Inventory	406.3M	769.8M	504.9M	822.6M	692.3M	622.7M
Other Current Assets	195.7M	190.1M	233.3M	239M	169.0M	165.4M
Other Stockholder Equity	306.4M	352.8M	230.0M	224.7M	200.4M	190.4M
Total Liab	2.4B	2.6B	2.7B	2.8B	3.8B	2.2B
Property Plant And Equipment Gross	3.7B	3.8B	9.2B	9.4B	9.5B	10.0B
Total Current Assets	1.8B	1.9B	2.1B	3.3B	1.8B	1.6B
Accumulated Other Comprehensive Income	(5.3B)	(5.5B)	72.8M	34.7M	(15.3M)	(16.0M)
Short Term Debt	4.0M	26.1M	2.7M	2.7M	499.8M	307.3M
Current Deferred Revenue	(4.0M)	114.4M	(2.7M)	(2.7M)	24.1M	22.9M
Intangible Assets	60.4M	55.8M	51.2M	47.1M	43.6M	69.1M
Common Stock	1.9B	1.9B	1.9B	2.9B	2.9B	2.2B
Other Liab	1.1B	1.3B	1.2B	1.1B	1.3B	1.2B
Net Tangible Assets	4.9B	4.9B	4.8B	5.8B	6.7B	5.6B
Other Assets	1.6B	1.6B	1.5B	984.1M	1.1B	1.4B
Long Term Debt	996.7M	995.5M	996.3M	997M	1.3B	984.0M
Long Term Investments	252.7M	219.7M	233.2M	211.0M	3.8B	4.0B
Short Long Term Debt	499.6M	33.1M	26.1M	499.8M	449.8M	748.0M
Property Plant Equipment	3.7B	3.8B	3.6B	3.5B	3.1B	3.4B
Long Term Debt Total	1.0B	1.0B	996.3M	997M	897.3M	948.2M

Pair Trading with Cameco Corp

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 Cameco Corp 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 Cameco Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cameco Stock

0.94	ENB-PFV	Enbridge Pref 5	Pair Corr
0.89	ENS	E Split Corp	Pair Corr
0.81	ENS-PA	E Split Corp	Pair Corr

Moving against Cameco Stock

0.72	MFC-PC	Manulife Finl Srs	Pair Corr
0.61	SLF-PC	Sun Life Financial	Pair Corr
0.6	SLF-PD	Sun Life Financial	Pair Corr
0.58	SAGE	Sage Potash Corp	Pair Corr
0.39	SLF-PG	Sun Life Non	Pair Corr

The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp 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 Cameco Corp - 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 Cameco Corp to buy it.

The correlation of Cameco Corp 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 Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp 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 Cameco Corp 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 Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:

How To Invest In Cameco

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Is Cameco Stock a good investment?

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What is Cameco Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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.

To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp'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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Cameco Dividends Paid vs Capital Expenditures Analysis

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Dividends Paid

Capital Expenditures

Cameco Corp fundamental ratios Correlations

Cameco Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cameco Corp fundamental ratios Accounts

Pair Trading with Cameco Corp

Moving together with Cameco Stock

Moving against Cameco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Non Current Assets Total
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.95	Total Assets

Intangible Assets	- 0.88	Common Stock Shares Outstanding
Intangible Assets	- 0.78	Cash
Intangible Assets	- 0.76	Total Stockholder Equity
Intangible Assets	- 0.76	Total Assets
Intangible Assets	- 0.74	Non Current Liabilities Total
Intangible Assets	- 0.72	Total Liab