Purepoint Retained Earnings vs Other Current Liab Analysis

PTU Stock  CAD 0.28  0.02  6.67%   
Purepoint Uranium financial indicator trend analysis is much more than just breaking down Purepoint Uranium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Purepoint Uranium is a good investment. Please check the relationship between Purepoint Uranium Retained Earnings and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purepoint Uranium Group. 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.

Retained Earnings vs Other Current Liab

Retained Earnings vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Purepoint Uranium Retained Earnings account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Purepoint Uranium's Retained Earnings and Other Current Liab is 0.89. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Purepoint Uranium Group, assuming nothing else is changed. The correlation between historical values of Purepoint Uranium's Retained Earnings and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Purepoint Uranium Group are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Retained Earnings i.e., Purepoint Uranium's Retained Earnings and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Other Current Liab

Most indicators from Purepoint Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Purepoint Uranium 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Purepoint Uranium Group. 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.
Sales General And Administrative To Revenue is likely to climb to 43.20 in 2024, whereas Selling General Administrative is likely to drop slightly above 231.6 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income5.3K46.9K65.3K68.5K
Net Interest Income5.3K46.9K65.3K68.5K

Purepoint Uranium fundamental ratios Correlations

0.140.98-0.89-0.820.380.910.840.90.160.160.84-0.56-0.48-0.480.090.510.11-0.21-0.40.49-0.450.930.82-0.51-0.77
0.14-0.06-0.1-0.140.730.10.230.01-0.081.00.23-0.17-0.26-0.26-0.430.25-0.160.27-0.32-0.18-0.3-0.1-0.05-0.020.15
0.98-0.06-0.89-0.80.240.90.840.90.19-0.040.84-0.54-0.44-0.440.20.470.16-0.27-0.350.52-0.40.960.86-0.51-0.81
-0.89-0.1-0.890.79-0.26-1.0-0.86-0.9-0.02-0.12-0.840.50.40.4-0.05-0.45-0.190.380.28-0.660.33-0.91-0.910.50.84
-0.82-0.14-0.80.79-0.42-0.79-0.76-0.92-0.19-0.17-0.760.890.830.83-0.04-0.420.19-0.210.75-0.340.77-0.73-0.80.690.77
0.380.730.24-0.26-0.420.260.440.34-0.030.740.46-0.35-0.51-0.51-0.080.34-0.040.25-0.44-0.03-0.40.180.26-0.43-0.1
0.910.10.9-1.0-0.790.260.840.910.020.120.82-0.5-0.4-0.40.030.460.18-0.38-0.280.67-0.330.920.9-0.5-0.85
0.840.230.84-0.86-0.760.440.840.780.140.240.99-0.56-0.49-0.490.120.540.17-0.2-0.390.48-0.430.80.87-0.5-0.69
0.90.010.9-0.9-0.920.340.910.780.040.040.78-0.68-0.59-0.590.080.540.07-0.14-0.430.61-0.460.90.92-0.7-0.92
0.16-0.080.19-0.02-0.19-0.030.020.140.04-0.090.13-0.24-0.06-0.06-0.230.07-0.370.24-0.34-0.16-0.340.120.060.36-0.05
0.161.0-0.04-0.12-0.170.740.120.240.04-0.090.23-0.19-0.27-0.27-0.450.28-0.170.27-0.33-0.13-0.3-0.08-0.03-0.040.11
0.840.230.84-0.84-0.760.460.820.990.780.130.23-0.57-0.52-0.520.190.510.2-0.16-0.410.43-0.450.790.87-0.54-0.67
-0.56-0.17-0.540.50.89-0.35-0.5-0.56-0.68-0.24-0.19-0.570.930.930.04-0.320.38-0.460.89-0.130.89-0.39-0.540.660.56
-0.48-0.26-0.440.40.83-0.51-0.4-0.49-0.59-0.06-0.27-0.520.931.0-0.14-0.170.35-0.570.920.080.92-0.29-0.420.750.36
-0.48-0.26-0.440.40.83-0.51-0.4-0.49-0.59-0.06-0.27-0.520.931.0-0.14-0.170.35-0.570.920.080.92-0.29-0.420.750.36
0.09-0.430.2-0.05-0.04-0.080.030.120.08-0.23-0.450.190.04-0.14-0.14-0.410.41-0.050.03-0.160.010.220.14-0.370.06
0.510.250.47-0.45-0.420.340.460.540.540.070.280.51-0.32-0.17-0.17-0.41-0.06-0.25-0.070.6-0.070.450.57-0.29-0.59
0.11-0.160.16-0.190.19-0.040.180.170.07-0.37-0.170.20.380.350.350.41-0.06-0.550.580.330.560.270.26-0.17-0.16
-0.210.27-0.270.38-0.210.25-0.38-0.2-0.140.240.27-0.16-0.46-0.57-0.57-0.05-0.25-0.55-0.71-0.69-0.67-0.4-0.31-0.080.29
-0.4-0.32-0.350.280.75-0.44-0.28-0.39-0.43-0.34-0.33-0.410.890.920.920.03-0.070.58-0.710.270.99-0.17-0.240.430.21
0.49-0.180.52-0.66-0.34-0.030.670.480.61-0.16-0.130.43-0.130.080.08-0.160.60.33-0.690.270.260.610.71-0.29-0.8
-0.45-0.3-0.40.330.77-0.4-0.33-0.43-0.46-0.34-0.3-0.450.890.920.920.01-0.070.56-0.670.990.26-0.23-0.280.450.24
0.93-0.10.96-0.91-0.730.180.920.80.90.12-0.080.79-0.39-0.29-0.290.220.450.27-0.4-0.170.61-0.230.89-0.48-0.83
0.82-0.050.86-0.91-0.80.260.90.870.920.06-0.030.87-0.54-0.42-0.420.140.570.26-0.31-0.240.71-0.280.89-0.61-0.91
-0.51-0.02-0.510.50.69-0.43-0.5-0.5-0.70.36-0.04-0.540.660.750.75-0.37-0.29-0.17-0.080.43-0.290.45-0.48-0.610.54
-0.770.15-0.810.840.77-0.1-0.85-0.69-0.92-0.050.11-0.670.560.360.360.06-0.59-0.160.290.21-0.80.24-0.83-0.910.54
Click cells to compare fundamentals

Purepoint Uranium Account Relationship Matchups

Purepoint Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7M2.5M4.6M4.5M4.5M5.9M
Total Current Liabilities625.4K437.9K632.0K90.3K269.4K255.9K
Total Stockholder Equity992.4K2.0M4.0M4.4M4.2M5.0M
Net Debt(1.1M)(2.3M)(4.2M)(3.9M)(4.0M)(3.8M)
Retained Earnings(42.8M)(44.3M)(50.4M)(56.8M)(61.9M)(58.8M)
Accounts Payable311.6K74.9K328.8K90.3K234.4K184.4K
Cash1.2M2.3M4.3M3.9M4.1M4.3M
Cash And Short Term Investments1.4M2.3M4.3M3.9M4.1M2.2M
Common Stock Shares Outstanding215.1M225.9M311.2M364.7M421.8M442.9M
Liabilities And Stockholders Equity1.7M2.5M4.6M4.5M4.5M5.9M
Other Stockholder Equity8.2M9.5M12.4M15.1M17.7M11.4M
Total Liab702.8K479.2K632.0K90.3K309.6K294.2K
Total Current Assets1.6M2.4M4.6M4.5M4.4M2.4M
Other Current Liab311.6K74.9K328.8K90.3K234.4K222.7K
Property Plant And Equipment Net107.6K71.8K36.1K994.071.2K67.7K
Non Current Assets Total107.6K71.8K36.1K994.071.2K67.7K
Net Receivables25.4K24.6K126.2K198.7K145.0K91.5K
Other Current Assets113.9K80.5K158.7K358.7K190.2K152.6K
Short Term Debt31.3K36.0K41.4K35K40.3K42.3K
Non Currrent Assets Other7.6K5.9K107.6K(1.0)(0.9)(0.85)
Net Tangible Assets992.4K2.0M4.0M4.4M5.1M5.3M
Common Stock35.6M36.9M42.0M46.0M48.4M40.6M
Property Plant Equipment107.6K71.8K36.1K994.0894.6849.87
Current Deferred Revenue282.5K326.9K261.9K(234.4K)(211.0K)(200.4K)
Net Invested Capital992.4K2.0M4.0M4.4M4.2M3.0M
Net Working Capital962.2K2.0M3.9M4.4M4.1M3.0M
Capital Stock35.6M36.9M42.0M46.0M48.4M44.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Purepoint Stock Analysis

When running Purepoint Uranium's price analysis, check to measure Purepoint Uranium'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 Purepoint Uranium is operating at the current time. Most of Purepoint Uranium's value examination focuses on studying past and present price action to predict the probability of Purepoint Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purepoint Uranium's price. Additionally, you may evaluate how the addition of Purepoint Uranium to your portfolios can decrease your overall portfolio volatility.