Cameco Historical Balance Sheet

CCO Stock  CAD 77.22  0.06  0.08%   
Trend analysis of Cameco Corp balance sheet accounts such as Short Long Term Debt Total of 934.9 M, Other Current Liabilities of 142.1 M or Total Current Liabilities of 1.2 B provides information on Cameco Corp's total assets, liabilities, and equity, which is the actual value of Cameco Corp to its prevalent stockholders. By breaking down trends over time using Cameco Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Cameco Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cameco Corp is a good buy for the upcoming year.

Cameco Corp Inventory

622.73 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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 board of governors.
To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.

About Cameco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cameco Corp at a specified time, usually calculated after every quarter, six months, or one year. Cameco Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cameco Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cameco currently owns. An asset can also be divided into two categories, current and non-current.

Cameco Corp Balance Sheet Chart

At this time, Cameco Corp's Long Term Investments are very stable compared to the past year. As of the 16th of December 2024, Short and Long Term Debt is likely to grow to about 748 M, while Total Assets are likely to drop about 6.2 B.

Total Assets

Total assets refers to the total amount of Cameco Corp 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 Cameco 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.

Total Current Liabilities

Total Current Liabilities is an item on Cameco Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Cameco Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Cameco Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Cameco Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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 board of governors.
To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.At this time, Cameco Corp's Long Term Investments are very stable compared to the past year. As of the 16th of December 2024, Short and Long Term Debt is likely to grow to about 748 M, while Total Assets are likely to drop about 6.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total996.3M997M1.8B934.9M
Total Assets7.5B8.6B9.9B6.2B

Cameco Corp balance sheet Correlations

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0.990.830.630.40.730.330.940.570.530.940.310.430.510.910.930.560.18-0.090.940.460.80.270.20.35-0.76
0.750.760.450.270.730.510.890.450.190.72-0.040.060.610.560.780.71-0.140.050.750.080.570.460.510.25-0.29
0.40.660.150.70.330.510.40.5-0.430.52-0.31-0.460.450.420.360.59-0.41-0.080.480.180.00.570.21-0.06-0.05
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0.60.510.170.660.570.450.50.52-0.020.58-0.320.170.60.650.440.250.330.260.590.570.45-0.070.570.27-0.32
0.510.260.410.00.530.19-0.430.42-0.020.40.590.740.150.540.57-0.110.42-0.250.480.420.62-0.21-0.110.06-0.78
0.960.930.540.510.940.720.520.920.580.40.270.160.570.90.920.560.02-0.170.970.40.570.360.20.08-0.69
0.260.070.11-0.130.31-0.04-0.310.24-0.320.590.270.27-0.10.350.32-0.110.29-0.220.20.010.17-0.17-0.23-0.25-0.64
0.390.030.460.090.430.06-0.460.260.170.740.160.270.150.40.31-0.20.680.170.30.430.81-0.340.030.61-0.58
0.570.620.230.470.510.610.450.610.60.150.57-0.10.150.560.520.10.280.380.60.130.40.150.540.17-0.31
0.920.780.530.650.910.560.420.810.650.540.90.350.40.560.860.370.32-0.120.90.680.690.150.150.15-0.88
0.950.880.650.330.930.780.360.910.440.570.920.320.310.520.860.620.04-0.150.960.380.720.430.180.16-0.74
0.560.650.440.110.560.710.590.620.25-0.110.56-0.11-0.20.10.370.62-0.52-0.190.550.060.370.770.050.29-0.16
0.16-0.220.160.160.18-0.14-0.410.070.330.420.020.290.680.280.320.04-0.520.580.070.370.44-0.590.220.27-0.42
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0.980.940.640.530.940.750.480.90.590.480.970.20.30.60.90.960.550.07-0.10.440.70.360.240.19-0.72
0.460.260.320.640.460.080.180.270.570.420.40.010.430.130.680.380.060.37-0.240.440.46-0.12-0.140.11-0.64
0.770.490.680.240.80.570.00.70.450.620.570.170.810.40.690.720.370.440.170.70.460.10.220.71-0.67
0.310.540.520.030.270.460.570.34-0.07-0.210.36-0.17-0.340.150.150.430.77-0.59-0.110.36-0.120.1-0.30.130.02
0.230.22-0.20.190.20.510.210.350.57-0.110.2-0.230.030.540.150.180.050.220.440.24-0.140.22-0.30.120.09
0.30.090.450.00.350.25-0.060.280.270.060.08-0.250.610.170.150.160.290.270.40.190.110.710.130.12-0.09
-0.76-0.53-0.44-0.4-0.76-0.29-0.05-0.62-0.32-0.78-0.69-0.64-0.58-0.31-0.88-0.74-0.16-0.420.23-0.72-0.64-0.670.020.09-0.09
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Cameco Corp Account Relationship Matchups

Cameco Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.6B7.5B8.6B9.9B6.2B
Short Long Term Debt Total1.0B1.0B996.3M997M1.8B934.9M
Other Current Liab177.0M140.5M196.2M304.4M252.2M142.1M
Total Current Liabilities277.4M303.8M413.7M560.8M1.2B1.2B
Total Stockholder Equity5.0B5.0B4.8B5.8B6.1B3.9B
Property Plant And Equipment Net3.7B3.8B3.6B3.5B3.4B3.5B
Net Debt130.0M267.3M(17.9M)92.3M1.2B1.3B
Retained Earnings2.8B2.7B2.6B2.7B3.0B2.0B
Accounts Payable100.4M137.2M213.4M250.0M388.9M241.5M
Cash866.7M728.2M1.0B904.7M566.8M410.8M
Non Current Assets Total5.6B5.6B5.4B5.3B8.1B4.6B
Non Currrent Assets Other1.3B1.3B577.5M595.5M613.8M537.4M
Cash And Short Term Investments866.7M753.2M1.1B2.0B566.8M538.9M
Net Receivables338.3M231.9M304.3M217.2M413.8M322.5M
Liabilities And Stockholders Equity7.4B7.6B7.5B8.6B9.9B6.2B
Non Current Liabilities Total2.2B2.3B2.3B2.2B2.7B1.7B
Inventory406.3M769.8M504.9M822.6M692.3M622.7M
Other Current Assets195.7M190.1M233.3M239M169.0M165.4M
Other Stockholder Equity306.4M352.8M230.0M224.7M200.4M190.4M
Total Liab2.4B2.6B2.7B2.8B3.8B2.2B
Property Plant And Equipment Gross3.7B3.8B9.2B9.4B9.5B10.0B
Total Current Assets1.8B1.9B2.1B3.3B1.8B1.6B
Accumulated Other Comprehensive Income(5.3B)(5.5B)72.8M34.7M(15.3M)(16.0M)
Short Term Debt4.0M26.1M2.7M2.7M499.8M307.3M
Current Deferred Revenue(4.0M)114.4M(2.7M)(2.7M)24.1M22.9M
Intangible Assets60.4M55.8M51.2M47.1M43.6M69.1M
Common Stock1.9B1.9B1.9B2.9B2.9B2.2B
Other Liab1.1B1.3B1.2B1.1B1.3B1.2B
Net Tangible Assets4.9B4.9B4.8B5.8B6.7B5.6B
Other Assets1.6B1.6B1.5B984.1M1.1B1.4B
Long Term Debt996.7M995.5M996.3M997M1.3B984.0M
Long Term Investments252.7M219.7M233.2M211.0M3.8B4.0B
Short Long Term Debt499.6M33.1M26.1M499.8M449.8M748.0M
Property Plant Equipment3.7B3.8B3.6B3.5B3.1B3.4B
Long Term Debt Total1.0B1.0B996.3M997M897.3M948.2M

Pair Trading with Cameco Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cameco Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cameco Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cameco Stock

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Moving against Cameco Stock

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The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cameco Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cameco Corp to buy it.
The correlation of Cameco Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cameco Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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 board of governors.
To learn how to invest in Cameco Stock, please use our How to Invest in Cameco Corp guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp'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.