Cameco Historical Income Statement

CCO Stock  CAD 77.28  2.41  3.02%   
Historical analysis of Cameco Corp income statement accounts such as Interest Expense of 96.6 M, Selling General Administrative of 123.2 M or Total Revenue of 1.7 B can show how well Cameco Corp performed in making a profits. Evaluating Cameco Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cameco Corp's future profits or losses.
 
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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.
  
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 Income Statement Analysis

Cameco Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cameco Corp shareholders. The income statement also shows Cameco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cameco Corp Income Statement Chart

At this time, Cameco Corp's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 16th of December 2024, Tax Provision is likely to grow to about 132.7 M, while Depreciation And Amortization is likely to drop about 235.1 M.

Total Revenue

Total revenue comprises all receipts Cameco Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cameco Corp minus its cost of goods sold. It is profit before Cameco Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cameco Corp. It is also known as Cameco Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Cameco Corp's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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 Net Income Applicable To Common Shares is very stable compared to the past year. As of the 16th of December 2024, Tax Provision is likely to grow to about 132.7 M, while Depreciation And Amortization is likely to drop about 235.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M233.3M561.7M522.6M
Total Revenue1.5B1.9B2.6B1.7B

Cameco Corp income statement Correlations

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0.670.570.570.160.66-0.3-0.180.10.660.4-0.21-0.01-0.21-0.17-0.530.63-0.16-0.53-0.230.31-0.350.26-0.06
0.630.570.920.550.930.160.240.480.910.720.09-0.070.25-0.150.130.38-0.02-0.29-0.030.1-0.020.140.0
0.770.570.920.710.950.270.370.660.930.770.07-0.280.31-0.320.220.25-0.01-0.34-0.23-0.090.13-0.060.23
0.390.160.550.710.470.610.580.70.390.840.38-0.20.63-0.250.45-0.30.41-0.01-0.15-0.330.65-0.180.53
0.790.660.930.950.470.10.230.530.990.65-0.04-0.220.15-0.270.080.45-0.15-0.4-0.20.05-0.120.040.04
-0.18-0.30.160.270.610.10.880.770.030.560.830.060.890.220.68-0.460.780.150.01-0.090.580.190.06
-0.08-0.180.240.370.580.230.880.920.180.480.69-0.010.760.150.62-0.230.65-0.13-0.19-0.050.490.190.1
0.320.10.480.660.70.530.770.920.490.650.55-0.120.7-0.050.57-0.080.5-0.22-0.26-0.110.390.080.25
0.790.660.910.930.390.990.030.180.490.56-0.11-0.260.07-0.290.040.49-0.23-0.44-0.220.06-0.170.020.03
0.480.40.720.770.840.650.560.480.650.560.520.090.65-0.060.36-0.080.5-0.020.03-0.030.310.190.15
-0.28-0.210.090.070.38-0.040.830.690.55-0.110.520.60.820.610.57-0.310.890.310.380.320.210.58-0.24
-0.26-0.01-0.07-0.28-0.2-0.220.06-0.01-0.12-0.260.090.60.190.810.120.190.460.280.650.72-0.470.78-0.53
-0.05-0.210.250.310.630.150.890.760.70.070.650.820.190.090.58-0.430.860.330.3-0.170.60.180.14
-0.49-0.17-0.15-0.32-0.25-0.270.220.15-0.05-0.29-0.060.610.810.090.230.110.340.160.420.84-0.440.77-0.64
-0.04-0.530.130.220.450.080.680.620.570.040.360.570.120.580.23-0.350.330.270.16-0.070.270.030.06
0.350.630.380.25-0.30.45-0.46-0.23-0.080.49-0.08-0.310.19-0.430.11-0.35-0.37-0.69-0.140.58-0.670.48-0.46
-0.31-0.16-0.02-0.010.41-0.150.780.650.5-0.230.50.890.460.860.340.33-0.370.260.270.070.440.44-0.04
-0.25-0.53-0.29-0.34-0.01-0.40.15-0.13-0.22-0.44-0.020.310.280.330.160.27-0.690.260.78-0.220.21-0.210.22
-0.19-0.23-0.03-0.23-0.15-0.20.01-0.19-0.26-0.220.030.380.650.30.420.16-0.140.270.780.27-0.150.28-0.19
-0.150.310.1-0.09-0.330.05-0.09-0.05-0.110.06-0.030.320.72-0.170.84-0.070.580.07-0.220.27-0.720.87-0.77
-0.18-0.35-0.020.130.65-0.120.580.490.39-0.170.310.21-0.470.6-0.440.27-0.670.440.21-0.15-0.72-0.470.6
-0.240.260.14-0.06-0.180.040.190.190.080.020.190.580.780.180.770.030.480.44-0.210.280.87-0.47-0.8
0.39-0.060.00.230.530.040.060.10.250.030.15-0.24-0.530.14-0.640.06-0.46-0.040.22-0.19-0.770.6-0.8
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Cameco Corp Account Relationship Matchups

Cameco Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization299.1M246.9M203.4M229.0M251.9M235.1M
Interest Expense83.9M57.7M60.7M69.0M92.0M96.6M
Selling General Administrative124.9M145.3M127.6M172.0M245.5M123.2M
Total Revenue1.9B1.8B1.5B1.9B2.6B1.7B
Gross Profit241.6M106.4M1.9M233.3M561.7M522.6M
Other Operating Expenses1.8B1.8B1.6B1.9B2.3B1.5B
Operating Income154.7M(6.7M)(52.3M)130.4M282.9M244.0M
Ebit167.5M5.7M(65.3M)47.6M408.9M228.7M
Ebitda466.6M252.7M138.1M276.6M660.9M463.8M
Cost Of Revenue1.6B1.7B1.5B1.6B2.0B1.2B
Total Operating Expenses147.3M146.8M113.1M217.7M278.8M274.9M
Income Before Tax135.0M(39.5M)(103.9M)84.8M487.2M511.5M
Total Other Income Expense Net(19.7M)(32.8M)(51.5M)(45.6M)204.3M214.5M
Net Income74M(53.2M)(102.7M)89.4M360.8M204.6M
Income Tax Expense61.1M13.7M(1.2M)(4.5M)126.3M132.7M
Research Development6.1M4.0M7.2M12.2M21.0M22.1M
Net Income From Continuing Ops73.9M(53.2M)(102.7M)89.3M360.8M378.9M
Net Income Applicable To Common Shares74M(53.2M)(102.6M)89.4M80.4M84.5M
Minority Interest238K206K77K118K31K29.5K
Tax Provision61.1M13.7M(1.2M)(4.5M)126.3M132.7M
Interest Income25.3M10.8M6.8M92.6M111.7M60.6M
Net Interest Income(68.9M)(85.3M)(69.8M)(48.2M)(4.2M)(4.4M)
Reconciled Depreciation275.7M208.7M190.4M177.4M220.3M197.8M

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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.