Uranium Retained Earnings vs Current Deferred Revenue Analysis
UROY Stock | USD 2.19 0.06 2.82% |
Uranium Royalty financial indicator trend analysis is much more than just breaking down Uranium Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Royalty Corp is a good investment. Please check the relationship between Uranium Royalty Retained Earnings and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Royalty 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 persons.
Retained Earnings vs Current Deferred Revenue
Retained Earnings vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Uranium Royalty's Retained Earnings and Current Deferred Revenue is -0.4. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Uranium Royalty Corp, assuming nothing else is changed. The correlation between historical values of Uranium Royalty's Retained Earnings and Current Deferred Revenue 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 Uranium Royalty Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Uranium Royalty's Retained Earnings and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Uranium Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Royalty 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 Royalty 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 persons. At this time, Uranium Royalty's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 44.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
Uranium Royalty fundamental ratios Correlations
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Uranium Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uranium Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.7M | 76.2M | 178.2M | 185.8M | 278.7M | 292.6M | |
Total Current Liabilities | 399.6K | 506.9K | 486K | 10.3M | 2.8M | 3.4M | |
Total Stockholder Equity | 70.2M | 75.6M | 164.6M | 175.4M | 275.8M | 289.6M | |
Net Tangible Assets | 70.2M | 75.6M | 164.6M | 175.4M | 201.7M | 211.8M | |
Net Debt | (11.8M) | (7.2M) | 8.7M | (4.4M) | (20.9M) | (19.9M) | |
Retained Earnings | (6.8M) | (7.9M) | (12.1M) | (11.9M) | 22.5M | 23.6M | |
Accounts Payable | 399.6K | 506.9K | 469K | 549K | 1.2M | 1.3M | |
Cash | 11.8M | 7.2M | 4.4M | 14.3M | 21.1M | 22.2M | |
Non Current Assets Total | 27.3M | 25.6M | 44.1M | 47.0M | 47.0M | 32.2M | |
Non Currrent Assets Other | (27.3M) | (25.6M) | (44.1M) | (47.0M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 42.3M | 37.3M | 56.2M | 52.6M | 30.2M | 39.5M | |
Common Stock Shares Outstanding | 54.3M | 72.0M | 88.3M | 97.9M | 115.3M | 75.4M | |
Other Stockholder Equity | (60.0M) | (71.5M) | (140.3M) | (155.4M) | (139.9M) | (132.9M) | |
Total Liab | 439.6K | 546.9K | 13.5M | 10.4M | 2.9M | 2.8M | |
Total Current Assets | 43.4M | 50.6M | 134.0M | 138.8M | 231.8M | 243.3M | |
Common Stock | 66.8M | 73.0M | 152.4M | 167.3M | 244.4M | 256.6M | |
Net Receivables | 351.4K | 211.0 | 2.1M | 110K | 14.3M | 15.0M | |
Short Term Investments | 30.5M | 30.0M | 51.8M | 38.3M | 9.1M | 8.7M | |
Liabilities And Stockholders Equity | 70.7M | 76.2M | 178.2M | 185.8M | 278.7M | 152.9M | |
Other Current Assets | 752.3K | 31.0M | 47.7M | 32.7M | 110K | 104.5K | |
Net Invested Capital | 70.2M | 75.7M | 177.6M | 175.4M | 275.8M | 150.0M | |
Accumulated Other Comprehensive Income | 3.1M | 4.2M | 24.3M | 19.9M | 8.9M | 11.4M | |
Capital Stock | 66.8M | 73.0M | 152.4M | 167.3M | 244.4M | 134.6M | |
Net Working Capital | 43.0M | 50.1M | 133.5M | 128.5M | 229.0M | 240.4M |
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