Uranium Capital Expenditures vs Depreciation Analysis
UEC Stock | USD 7.08 0.38 5.09% |
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 Capital Expenditures and its Depreciation accounts. Check out World Market Map 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 income.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Uranium Energy's Capital Expenditures and Depreciation is 0.12. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation 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 Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Uranium Energy Corp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Uranium Energy's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Uranium Energy 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 Uranium Energy operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of Uranium Energy Corp value has been used up. For tax purposes Uranium Energy can deduct the cost of the tangible assets it purchases as business expenses. However, Uranium Energy Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.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 World Market Map 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 income. The current year's Sales General And Administrative To Revenue is expected to grow to 103.24, whereas Selling General Administrative is forecasted to decline to about 13.5 M.
2023 | 2024 (projected) | Extraordinary Items | 209.6K | 186.3K | Reconciled Depreciation | 2.2M | 2.3M |
Uranium Energy fundamental ratios Correlations
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Uranium Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uranium Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 101.0M | 91.4M | 169.5M | 354.2M | 889.8M | 934.3M | |
Other Current Liab | 68.7K | 178.9K | 1.9M | 6.5M | 14.2M | 14.9M | |
Total Current Liabilities | 3.1M | 2.0M | 13.3M | 8.5M | 29.2M | 30.7M | |
Total Stockholder Equity | 74.2M | 64.4M | 151.5M | 326.9M | 778.1M | 817.0M | |
Net Debt | 13.6M | 15.0M | (34.0M) | (31.4M) | (87.5M) | (83.2M) | |
Retained Earnings | (262.2M) | (276.8M) | (291.6M) | (286.4M) | (318.9M) | (303.0M) | |
Accounts Payable | 3.0M | 1.9M | 1.3M | 2.0M | 15.0M | 15.8M | |
Cash | 6.1M | 5.1M | 44.3M | 32.5M | 87.5M | 91.9M | |
Cash And Short Term Investments | 17.9M | 5.1M | 44.3M | 32.5M | 156.3M | 164.1M | |
Common Stock Total Equity | 180.9K | 184.6K | 236.8K | 289K | 332.4K | 349.0K | |
Common Stock Shares Outstanding | 175.8M | 183.0M | 210.3M | 271.0M | 397.3M | 417.2M | |
Liabilities And Stockholders Equity | 101.0M | 91.4M | 169.5M | 354.2M | 889.8M | 934.3M | |
Non Current Liabilities Total | 23.7M | 24.9M | 4.8M | 18.8M | 82.5M | 86.6M | |
Other Current Assets | 119.4K | 1.6M | 214K | 3.1M | 3.1M | 3.3M | |
Other Stockholder Equity | 336.2M | 341.2M | 442.0M | 613.2M | 1.1B | 1.2B | |
Total Liab | 26.8M | 27.0M | 18.1M | 27.3M | 111.7M | 117.3M | |
Total Current Assets | 19.7M | 6.6M | 75.0M | 102.2M | 235.2M | 247.0M | |
Common Stock | 180.9K | 184.6K | 236.8K | 289K | 410K | 430.5K | |
Accumulated Other Comprehensive Income | 12.5K | (120.2K) | 493.2K | (186K) | (13.8M) | (13.1M) | |
Property Plant And Equipment Net | 70.6M | 70.7M | 71.1M | 202.2M | 578.0M | 607.0M | |
Non Current Assets Total | 81.3M | 84.8M | 94.5M | 252.1M | 654.6M | 687.3M | |
Net Receivables | 1.3M | 1.1M | 102.0 | 2.9M | 2.5M | 2.6M | |
Property Plant And Equipment Gross | 70.7M | 83.0M | 20.2M | 598.8M | 592.6M | 622.2M | |
Property Plant Equipment | 7.0M | 71.1M | 20.2M | 19.7M | 22.7M | 16.6M | |
Other Assets | 2.0M | 2.6M | 10.9M | 10.3M | 11.9M | 12.5M | |
Non Currrent Assets Other | 2.1M | 2.6M | 2.6M | 10.9M | 11.2M | 11.8M | |
Intangible Assets | 63.7M | 63.8M | 181.9M | 565.6M | 650.4M | 682.9M | |
Other Liab | 4.3M | 4.8M | 17.9M | 92.3M | 106.1M | 111.4M | |
Net Tangible Assets | 64.4M | 151.5M | 326.9M | 631.8M | 726.6M | 762.9M | |
Long Term Debt | 9.5M | 19.6M | 19.9M | 66.0K | 75.8K | 72.1K | |
Retained Earnings Total Equity | (262.2M) | (276.8M) | (291.6M) | (286.4M) | (257.7M) | (270.6M) | |
Capital Surpluse | 341.1M | 442.0M | 613.2M | 924.7M | 1.1B | 1.1B | |
Deferred Long Term Liab | 564.9K | 550.6K | 541.0K | 536K | 482.4K | 512.5K | |
Non Current Liabilities Other | 4.0M | 271.1K | 18.3M | 1.0M | 1.5M | 1.4M | |
Short Long Term Debt Total | 29.6M | 20.2M | 10.3M | 1.2M | 2.6M | 2.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Uranium Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Uranium Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uranium Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uranium Energy Corp Stock:Check out World Market Map 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 income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Uranium Energy. If investors know Uranium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Uranium Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Earnings Share (0.13) | Revenue Per Share 0.001 | Quarterly Revenue Growth (1.00) | Return On Assets (0.04) |
The market value of Uranium Energy Corp is measured differently than its book value, which is the value of Uranium that is recorded on the company's balance sheet. Investors also form their own opinion of Uranium Energy's value that differs from its market value or its book value, called intrinsic value, which is Uranium Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Uranium Energy's market value can be influenced by many factors that don't directly affect Uranium Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Uranium Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Uranium Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uranium Energy'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.