EnCore Cash And Short Term Investments vs Net Invested Capital Analysis

EU Stock

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EnCore Energy financial indicator trend analysis is much more than just examining enCore Energy Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether enCore Energy Corp is a good investment. Please check the relationship between EnCore Energy Cash And Short Term Investments and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in enCore 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.

Cash And Short Term Investments vs Net Invested Capital

Cash And Short Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of enCore Energy Corp Cash And Short Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between EnCore Energy's Cash And Short Term Investments and Net Invested Capital is 0.86. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of enCore Energy Corp, assuming nothing else is changed. The correlation between historical values of EnCore Energy's Cash And Short Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of enCore Energy Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Short Term Investments i.e., EnCore Energy's Cash And Short Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of enCore Energy Corp balance sheet. This account contains EnCore Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by enCore Energy Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from EnCore Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into enCore 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in enCore 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.

At this time, EnCore Energy's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 78.8 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (15.00) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	374.5K	380.3K	1.7M	1.8M
Interest Income	26.3K	406.1K	393.3K	413.0K

Reconciled Depreciation Interest Income

EnCore Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Accounts Payable	Non Currrent Assets Other	Short Term Investments	Net Tangible Assets	Other Assets	Property Plant Equipment	Inventory	Other Current Assets	Deferred Long Term Liab	Net Invested Capital
Total Assets		0.96	1.0	1.0	0.78	-0.96	0.62	1.0	0.92	0.88	0.95	0.62	0.95	0.95	1.0	0.9	0.75	0.38	0.91	0.96	0.02	0.96	-0.25	0.53	-0.85	0.99
Total Current Liabilities	0.96		0.96	0.96	0.64	-0.89	0.69	0.96	0.86	0.86	0.89	0.54	0.89	0.9	0.96	0.79	0.89	0.29	0.8	0.96	0.26	0.96	-0.22	0.52	-0.76	0.96
Total Stockholder Equity	1.0	0.96		0.99	0.76	-0.95	0.62	1.0	0.91	0.9	0.95	0.64	0.94	0.94	0.99	0.88	0.77	0.41	0.89	0.97	0.03	0.97	-0.28	0.56	-0.83	0.99
Property Plant And Equipment Net	1.0	0.96	0.99		0.8	-0.96	0.63	1.0	0.93	0.84	0.94	0.56	0.97	0.96	1.0	0.92	0.75	0.31	0.92	0.94	0.03	0.94	-0.17	0.46	-0.87	0.98
Net Debt	0.78	0.64	0.76	0.8		-0.87	0.2	0.78	0.77	0.47	0.78	0.32	0.88	0.75	0.81	0.95	0.25	0.09	0.92	0.58	-0.4	0.59	0.16	0.06	-0.89	0.71
Retained Earnings	-0.96	-0.89	-0.95	-0.96	-0.87		-0.43	-0.96	-0.85	-0.82	-0.98	-0.58	-0.95	-0.87	-0.96	-0.91	-0.64	-0.36	-0.9	-0.87	0.04	-0.88	0.2	-0.45	0.84	-0.94
Cash	0.62	0.69	0.62	0.63	0.2	-0.43		0.6	0.77	0.54	0.46	0.11	0.61	0.78	0.62	0.51	0.66	-0.07	0.54	0.62	0.46	0.61	0.04	0.19	-0.51	0.6
Non Current Assets Total	1.0	0.96	1.0	1.0	0.78	-0.96	0.6		0.91	0.89	0.95	0.63	0.95	0.94	1.0	0.89	0.76	0.4	0.9	0.96	0.02	0.96	-0.26	0.54	-0.84	0.99
Cash And Short Term Investments	0.92	0.86	0.91	0.93	0.77	-0.85	0.77	0.91		0.69	0.82	0.34	0.96	0.99	0.93	0.94	0.59	0.08	0.95	0.8	0.02	0.8	0.07	0.22	-0.9	0.86
Net Receivables	0.88	0.86	0.9	0.84	0.47	-0.82	0.54	0.89	0.69		0.88	0.84	0.73	0.77	0.85	0.61	0.82	0.71	0.64	0.96	0.2	0.96	-0.65	0.85	-0.57	0.93
Common Stock Shares Outstanding	0.95	0.89	0.95	0.94	0.78	-0.98	0.46	0.95	0.82	0.88		0.66	0.91	0.86	0.95	0.85	0.68	0.47	0.84	0.91	0.03	0.91	-0.34	0.57	-0.79	0.95
Other Stockholder Equity	0.62	0.54	0.64	0.56	0.32	-0.58	0.11	0.63	0.34	0.84	0.66		0.42	0.44	0.57	0.34	0.54	0.91	0.39	0.73	-0.08	0.73	-0.83	0.91	-0.3	0.7
Total Liab	0.95	0.89	0.94	0.97	0.88	-0.95	0.61	0.95	0.96	0.73	0.91	0.42		0.96	0.97	0.98	0.6	0.15	0.97	0.83	-0.02	0.83	0.02	0.27	-0.93	0.91
Total Current Assets	0.95	0.9	0.94	0.96	0.75	-0.87	0.78	0.94	0.99	0.77	0.86	0.44	0.96		0.95	0.92	0.66	0.19	0.94	0.87	0.05	0.86	-0.05	0.34	-0.88	0.91
Common Stock	1.0	0.96	0.99	1.0	0.81	-0.96	0.62	1.0	0.93	0.85	0.95	0.57	0.97	0.95		0.92	0.74	0.32	0.92	0.94	0.03	0.94	-0.18	0.47	-0.87	0.98
Other Current Liab	0.9	0.79	0.88	0.92	0.95	-0.91	0.51	0.89	0.94	0.61	0.85	0.34	0.98	0.92	0.92		0.44	0.08	0.99	0.73	-0.21	0.73	0.13	0.14	-0.95	0.83
Accounts Payable	0.75	0.89	0.77	0.75	0.25	-0.64	0.66	0.76	0.59	0.82	0.68	0.54	0.6	0.66	0.74	0.44		0.35	0.45	0.88	0.51	0.88	-0.41	0.66	-0.42	0.81
Non Currrent Assets Other	0.38	0.29	0.41	0.31	0.09	-0.36	-0.07	0.4	0.08	0.71	0.47	0.91	0.15	0.19	0.32	0.08	0.35		0.13	0.53	-0.08	0.53	-0.95	0.93	-0.06	0.48
Short Term Investments	0.91	0.8	0.89	0.92	0.92	-0.9	0.54	0.9	0.95	0.64	0.84	0.39	0.97	0.94	0.92	0.99	0.45	0.13		0.75	-0.22	0.75	0.08	0.19	-0.94	0.84
Net Tangible Assets	0.96	0.96	0.97	0.94	0.58	-0.87	0.62	0.96	0.8	0.96	0.91	0.73	0.83	0.87	0.94	0.73	0.88	0.53	0.75		0.17	1.0	-0.46	0.72	-0.69	0.99
Other Assets	0.02	0.26	0.03	0.03	-0.4	0.04	0.46	0.02	0.02	0.2	0.03	-0.08	-0.02	0.05	0.03	-0.21	0.51	-0.08	-0.22	0.17		0.17	-0.13	0.17	0.18	0.08
Property Plant Equipment	0.96	0.96	0.97	0.94	0.59	-0.88	0.61	0.96	0.8	0.96	0.91	0.73	0.83	0.86	0.94	0.73	0.88	0.53	0.75	1.0	0.17		-0.46	0.72	-0.69	0.99
Inventory	-0.25	-0.22	-0.28	-0.17	0.16	0.2	0.04	-0.26	0.07	-0.65	-0.34	-0.83	0.02	-0.05	-0.18	0.13	-0.41	-0.95	0.08	-0.46	-0.13	-0.46		-0.95	-0.15	-0.37
Other Current Assets	0.53	0.52	0.56	0.46	0.06	-0.45	0.19	0.54	0.22	0.85	0.57	0.91	0.27	0.34	0.47	0.14	0.66	0.93	0.19	0.72	0.17	0.72	-0.95		-0.12	0.63
Deferred Long Term Liab	-0.85	-0.76	-0.83	-0.87	-0.89	0.84	-0.51	-0.84	-0.9	-0.57	-0.79	-0.3	-0.93	-0.88	-0.87	-0.95	-0.42	-0.06	-0.94	-0.69	0.18	-0.69	-0.15	-0.12		-0.78
Net Invested Capital	0.99	0.96	0.99	0.98	0.71	-0.94	0.6	0.99	0.86	0.93	0.95	0.7	0.91	0.91	0.98	0.83	0.81	0.48	0.84	0.99	0.08	0.99	-0.37	0.63	-0.78

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EnCore Energy Account Relationship Matchups

EnCore Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3M	23.4M	202.1M	223.5M	428.0M	449.4M
Total Current Liabilities	379.9K	900.3K	7.5M	3.6M	8.3M	8.7M
Total Stockholder Equity	7.9M	15.9M	189.1M	215.1M	374.6M	393.4M
Property Plant And Equipment Net	5.0M	10.3M	174.9M	147.7M	372.7M	391.3M
Net Debt	(2.8M)	(6.2M)	(11.3M)	(2.3M)	21.1M	22.2M
Retained Earnings	(21.1M)	(23.4M)	(34.2M)	(48.9M)	(94.0M)	(89.3M)
Cash	2.8M	6.6M	11.6M	2.5M	9.9M	10.4M
Non Current Assets Total	5.5M	16.5M	187.4M	212.9M	394.6M	414.3M
Cash And Short Term Investments	2.8M	6.6M	11.6M	5.7M	32.1M	33.8M
Net Receivables	38.0K	323.6K	795.1K	1.2M	931.2K	977.7K
Common Stock Shares Outstanding	44.6M	50.4M	65.3M	105.5M	144.0M	151.2M
Liabilities And Stockholders Equity	8.3M	23.4M	202.1M	223.5M	428.0M	449.4M
Other Stockholder Equity	1.6M	2.7M	16.1M	67.8M	25.3M	26.6M
Total Liab	379.9K	7.6M	13.0M	8.5M	53.3M	56.0M
Total Current Assets	2.8M	6.9M	14.7M	10.6M	33.4M	35.1M
Accumulated Other Comprehensive Income	641.0K	499.5K	705.6K	5.5M	10.5M	11.0M
Common Stock	26.8M	36.1M	206.5M	190.6M	432.8M	454.5M
Other Current Liab	311.7K	3.0K	8.7K	441.4K	8.0M	8.4M
Accounts Payable	68.2K	468.7K	7.4M	3.1M	3.6M	3.8M
Non Currrent Assets Other	111.0K	4.9M	5.8M	63.8M	7.8M	10.6M
Net Tangible Assets	5.7M	7.6M	15.2M	188.4M	216.7M	227.5M
Other Assets	111.0K	4.9M	5.8M	1.0	1.15	1.09
Property Plant Equipment	4.9M	5.0M	10.3M	174.9M	201.1M	211.1M
Inventory	(38.0K)	(323.6K)	(795.1K)	(3.0M)	12.0K	12.6K
Other Current Assets	38.0K	323.6K	3.0M	6.7M	1.2M	1.6M
Net Invested Capital	7.9M	16.3M	189.1M	215.1M	307.2M	322.5M
Net Working Capital	2.4M	6.0M	7.1M	7.0M	19.0M	20.0M
Capital Stock	26.8M	36.1M	206.5M	190.6M	328.2M	344.7M
Intangible Assets	334.3K	653.3K	649.2K	528.3K	513.7K	557.1K

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