Uranium Total Current Assets vs Long Term Investments Analysis

UEC Stock  USD 7.07  0.01  0.14%   
Uranium Energy financial indicator trend analysis is much more than just breaking down Uranium Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Energy Corp is a good investment. Please check the relationship between Uranium Energy Total Current Assets and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Total Current Assets vs Long Term Investments

Total Current Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Total Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Uranium Energy's Total Current Assets and Long Term Investments is 0.68. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Uranium Energy Corp, assuming nothing else is changed. The correlation between historical values of Uranium Energy's Total Current Assets and Long Term Investments 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 Current Assets of Uranium Energy Corp are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Assets i.e., Uranium Energy's Total Current Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Investments

Long Term Investments is an item on the asset side of Uranium Energy balance sheet that represents investments Uranium Energy Corp intends to hold for over a year. Uranium Energy Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Uranium Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Energy 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 Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Uranium Energy's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 232.9 M, whereas Selling General Administrative is forecasted to decline to about 13.2 M.
 2023 2024 (projected)
Extraordinary Items209.6K186.3K
Reconciled Depreciation2.3M2.4M

Uranium Energy fundamental ratios Correlations

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-0.45-0.42-0.55-0.450.27-0.32-0.48-0.53-0.79-0.69-0.430.07-0.61-0.46-0.56-0.69-0.42-0.42-0.650.07-0.37-0.47-0.38-0.39-0.37
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0.440.40.330.44-0.440.070.70.420.390.20.310.420.370.430.180.30.450.450.15-0.470.47-0.020.64-0.120.6
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0.970.870.70.96-0.63-0.460.80.780.780.810.921.00.430.950.50.910.980.980.82-0.720.990.150.790.010.8
0.670.760.710.69-0.84-0.560.460.850.850.810.740.440.180.720.50.760.590.610.81-0.510.480.660.730.820.75
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1.00.930.740.99-0.74-0.420.810.840.830.840.930.970.450.970.980.590.931.00.87-0.780.980.20.850.130.87
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-0.79-0.89-0.42-0.790.630.07-0.58-0.6-0.54-0.53-0.63-0.73-0.47-0.71-0.72-0.51-0.63-0.78-0.79-0.66-0.70.14-0.87-0.29-0.87
0.960.840.720.96-0.69-0.370.830.810.80.770.890.980.470.930.990.480.880.980.980.79-0.70.190.77-0.040.79
0.260.20.60.28-0.58-0.470.20.620.610.480.380.08-0.020.340.150.660.410.20.210.360.140.190.180.50.18
0.870.930.660.88-0.78-0.380.770.820.780.760.820.770.640.860.790.730.810.850.850.78-0.870.770.180.410.99
0.220.440.340.25-0.49-0.39-0.060.420.40.480.33-0.04-0.120.290.010.820.350.130.150.5-0.29-0.040.50.410.43
0.90.950.660.9-0.81-0.370.750.830.80.780.840.780.60.870.80.750.830.870.880.81-0.870.790.180.990.43
Click cells to compare fundamentals

Uranium Energy Account Relationship Matchups

Uranium Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets91.4M169.5M354.2M737.6M848.2M890.6M
Other Current Liab178.9K238.9K6.5M6.6M7.6M8.0M
Total Current Liabilities2.0M13.3M8.5M12.2M14.0M14.7M
Total Stockholder Equity64.4M151.5M326.9M631.8M726.6M762.9M
Net Debt15.0M(34.0M)(31.4M)(44.3M)(39.9M)(37.9M)
Retained Earnings(276.8M)(291.6M)(286.4M)(289.7M)(260.7M)(247.7M)
Accounts Payable1.9M2.8M2.0M5.6M6.4M6.7M
Cash5.1M44.3M32.5M45.6M52.5M55.1M
Cash And Short Term Investments5.1M44.3M32.5M45.6M52.5M55.1M
Common Stock Total Equity180.9K184.6K236.8K289K332.4K349.0K
Common Stock Shares Outstanding183.0M210.3M271.0M364.8M419.5M440.5M
Liabilities And Stockholders Equity91.4M169.5M354.2M737.6M848.2M890.6M
Non Current Liabilities Total24.9M4.8M18.8M93.6M107.6M113.0M
Other Current Assets119.4K125.7K214K702K807.3K847.7K
Other Stockholder Equity341.2M442.4M613.2M924.7M1.1B1.1B
Total Liab27.0M18.1M27.3M105.8M121.6M127.7M
Total Current Assets6.6M75.0M102.2M55.2M63.5M66.7M
Common Stock184.6K236.8K289K378K434.7K456.4K
Accumulated Other Comprehensive Income(120.2K)493.2K(186K)(3.6M)(3.2M)(3.1M)
Property Plant And Equipment Net70.7M71.1M202.2M585.3M673.1M706.7M
Non Current Assets Total84.8M94.5M252.1M682.4M784.7M824.0M
Net Receivables1.1M1.4M2.9M2.7M3.1M3.2M
Property Plant And Equipment Gross70.7M83.0M20.2M598.8M688.6M723.1M
Property Plant Equipment7.0M71.1M20.2M19.7M22.7M16.6M
Other Assets2.0M2.6M10.9M10.3M11.9M12.5M
Non Currrent Assets Other2.6M2.6M10.9M10.3M11.9M12.5M
Intangible Assets63.7M63.8M181.9M565.6M650.4M682.9M
Other Liab4.3M4.8M17.9M92.3M106.1M111.4M
Net Tangible Assets64.4M151.5M326.9M631.8M726.6M762.9M
Long Term Debt9.5M19.6M19.9M66.0K75.8K72.1K
Retained Earnings Total Equity(262.2M)(276.8M)(291.6M)(286.4M)(257.7M)(270.6M)
Capital Surpluse341.1M442.0M613.2M924.7M1.1B1.1B
Deferred Long Term Liab564.9K550.6K541.0K536K482.4K512.5K
Non Current Liabilities Other4.0M271.1K18.3M1.0M1.2M1.1M
Short Long Term Debt Total20.2M10.3M1.2M1.3M1.2M1.1M

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When determining whether Uranium Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Uranium Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uranium Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uranium Energy Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Uranium Energy Corp information on this page should be used as a complementary analysis to other Uranium Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Uranium Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Uranium Energy. If investors know Uranium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Uranium Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(0.02)
Revenue Per Share
0.155
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.02)
The market value of Uranium Energy Corp is measured differently than its book value, which is the value of Uranium that is recorded on the company's balance sheet. Investors also form their own opinion of Uranium Energy's value that differs from its market value or its book value, called intrinsic value, which is Uranium Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Uranium Energy's market value can be influenced by many factors that don't directly affect Uranium Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Uranium Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Uranium Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uranium Energy'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.