Azincourt Uranium Stock Cash Flow From Operations
| AAZ Stock | CAD 0.03 0.01 20.00% |
Azincourt Uranium fundamentals help investors to digest information that contributes to Azincourt Uranium's financial success or failures. It also enables traders to predict the movement of Azincourt Stock. The fundamental analysis module provides a way to measure Azincourt Uranium's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Azincourt Uranium stock.
Azincourt |
Azincourt Uranium Company Cash Flow From Operations Analysis
Azincourt Uranium's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Azincourt Uranium Cash Flow From Operations | (7.49 M) |
Most of Azincourt Uranium's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Azincourt Uranium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, Azincourt Uranium has (7.49 Million) in Cash Flow From Operations. This is 100.21% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The cash flow from operations for all Canada stocks is 100.77% higher than that of the company.
Azincourt Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Azincourt Uranium's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Azincourt Uranium could also be used in its relative valuation, which is a method of valuing Azincourt Uranium by comparing valuation metrics of similar companies.Azincourt Uranium is currently under evaluation in cash flow from operations category among related companies.
Azincourt Fundamentals
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.35 | ||||
| Current Valuation | 4.4 M | ||||
| Shares Outstanding | 293.99 M | ||||
| Shares Owned By Insiders | 1.10 % | ||||
| Shares Owned By Institutions | 1.14 % | ||||
| Number Of Shares Shorted | 702.14 K | ||||
| Price To Earning | 1.00 X | ||||
| Price To Book | 1.00 X | ||||
| Gross Profit | (427.9 K) | ||||
| EBITDA | (7.24 M) | ||||
| Net Income | (7.15 M) | ||||
| Cash And Equivalents | 4.92 M | ||||
| Cash Per Share | 0.01 X | ||||
| Current Ratio | 11.04 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (7.49 M) | ||||
| Short Ratio | 2.51 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 2.96 | ||||
| Market Capitalization | 7.35 M | ||||
| Total Asset | 8.16 M | ||||
| Retained Earnings | (34.24 M) | ||||
| Working Capital | 3.31 M | ||||
| Net Asset | 8.16 M |
About Azincourt Uranium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Azincourt Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azincourt Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azincourt Uranium based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Azincourt Uranium
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 Azincourt Uranium 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 Azincourt Uranium will appreciate offsetting losses from the drop in the long position's value.Moving against Azincourt Stock
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| 0.62 | FGAA-U | FG Acquisition Corp | PairCorr |
| 0.45 | RBA | Ritchie Bros Auctioneers Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Azincourt Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Azincourt Uranium 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 Azincourt Uranium - 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 Azincourt Uranium to buy it.
The correlation of Azincourt Uranium 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 Azincourt Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Azincourt Uranium 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 Azincourt Uranium 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azincourt Uranium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Azincourt Stock analysis
When running Azincourt Uranium's price analysis, check to measure Azincourt Uranium'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 Azincourt Uranium is operating at the current time. Most of Azincourt Uranium's value examination focuses on studying past and present price action to predict the probability of Azincourt Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azincourt Uranium's price. Additionally, you may evaluate how the addition of Azincourt Uranium to your portfolios can decrease your overall portfolio volatility.
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