Uranium Total Assets vs Property Plant Equipment Analysis
UROY Stock | USD 2.13 0.05 2.29% |
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 Total Assets and its Property Plant Equipment 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.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Uranium Royalty's Total Assets and Property Plant Equipment is -0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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 Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Uranium Royalty Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Uranium Royalty's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Uranium Royalty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Uranium Royalty Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant Equipment
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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