Uranium Roe vs Price To Sales Ratio 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 Roe and its Price To Sales Ratio 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.
Roe vs Price To Sales Ratio
Roe vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Roe account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Uranium Royalty's Roe and Price To Sales Ratio is -0.62. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Price To Sales Ratio 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 Roe and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Uranium Royalty Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Roe i.e., Uranium Royalty's Roe and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Roe
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Uranium Royalty Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Uranium Royalty sales, a figure that is much harder to manipulate than other Uranium Royalty Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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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When running Uranium Royalty's price analysis, check to measure Uranium Royalty'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 Uranium Royalty is operating at the current time. Most of Uranium Royalty's value examination focuses on studying past and present price action to predict the probability of Uranium Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uranium Royalty's price. Additionally, you may evaluate how the addition of Uranium Royalty to your portfolios can decrease your overall portfolio volatility.