Cameco Book Value Per Share vs Capex To Depreciation Analysis
CCO Stock | CAD 73.49 2.32 3.06% |
Cameco Corp financial indicator trend analysis is way more than just evaluating Cameco Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cameco Corp is a good investment. Please check the relationship between Cameco Corp Book Value Per Share and its Capex To Depreciation accounts. 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.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Book Value Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cameco Corp's Book Value Per Share and Capex To Depreciation is -0.04. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Cameco Corp, assuming nothing else is changed. The correlation between historical values of Cameco Corp's Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Cameco Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Cameco Corp's Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Cameco Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is very stable compared to the past year. As of the 10th of June 2024, Issuance Of Capital Stock is likely to grow to about 1 B, while Selling General Administrative is likely to drop about 123.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9M | 233.3M | 561.7M | 522.6M | Total Revenue | 1.5B | 1.9B | 2.6B | 1.7B |
Cameco Corp fundamental ratios Correlations
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Cameco Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cameco Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.4B | 7.6B | 7.5B | 8.6B | 9.9B | 6.2B | |
Short Long Term Debt Total | 996.7M | 995.5M | 996.3M | 997M | 1.1B | 899.8M | |
Other Current Liab | 177.0M | 140.5M | 200.4M | 310.9M | 48.5M | 46.1M | |
Total Current Liabilities | 277.4M | 303.8M | 413.7M | 560.8M | 1.2B | 1.2B | |
Total Stockholder Equity | 5.0B | 5.0B | 4.8B | 5.8B | 6.1B | 3.9B | |
Property Plant And Equipment Net | 3.7B | 3.8B | 3.6B | 3.5B | 3.4B | 3.5B | |
Net Debt | 130.0M | 267.3M | (17.9M) | 92.3M | 1.2B | 1.3B | |
Retained Earnings | 2.8B | 2.7B | 2.6B | 2.7B | 3.0B | 2.0B | |
Accounts Payable | 100.4M | 137.2M | 213.4M | 250.0M | 388.9M | 254.8M | |
Non Current Assets Total | 5.6B | 5.6B | 5.4B | 5.3B | 8.1B | 4.6B | |
Non Currrent Assets Other | 1.3B | 1.3B | 577.5M | 595.5M | 613.8M | 537.4M | |
Net Receivables | 338.3M | 231.9M | 304.3M | 217.2M | 413.8M | 343.6M | |
Liabilities And Stockholders Equity | 7.4B | 7.6B | 7.5B | 8.6B | 9.9B | 5.9B | |
Non Current Liabilities Total | 2.2B | 2.3B | 2.3B | 2.2B | 2.7B | 1.7B | |
Inventory | 406.3M | 769.8M | 504.9M | 822.6M | 841.6M | 628.0M | |
Other Current Assets | 195.7M | 190.1M | 233.3M | 239M | 274.9M | 288.6M | |
Other Stockholder Equity | 306.4M | 352.8M | 302.8M | 259.3M | 233.4M | 221.7M | |
Total Liab | 2.4B | 2.6B | 2.7B | 2.8B | 3.8B | 2.2B | |
Property Plant And Equipment Gross | 3.7B | 3.8B | 9.2B | 9.4B | 9.5B | 10.0B | |
Total Current Assets | 1.8B | 1.9B | 2.1B | 3.3B | 1.8B | 1.6B | |
Accumulated Other Comprehensive Income | (4.9B) | (5.1B) | (5.3B) | (5.5B) | (5.0B) | (4.7B) | |
Cash | 866.7M | 728.2M | 1.0B | 904.7M | 566.8M | 424.7M | |
Cash And Short Term Investments | 866.7M | 753.2M | 1.1B | 2.0B | 2.3B | 2.5B | |
Intangible Assets | 60.4M | 55.8M | 51.2M | 47.1M | 43.6M | 69.1M | |
Common Stock | 1.9B | 1.9B | 1.9B | 2.9B | 3.3B | 2.1B | |
Other Liab | 1.1B | 1.3B | 1.2B | 1.1B | 1.3B | 1.2B | |
Net Tangible Assets | 4.9B | 4.9B | 4.8B | 5.8B | 6.7B | 5.6B | |
Other Assets | 1.6B | 1.6B | 1.5B | 984.1M | 1.1B | 1.4B | |
Long Term Debt | 996.7M | 995.5M | 996.3M | 997M | 1.3B | 984.0M | |
Long Term Investments | 252.7M | 219.7M | 233.2M | 211.0M | 3.8B | 4.0B | |
Short Long Term Debt | 499.6M | 33.1M | 26.1M | 499.8M | 449.8M | 748.0M | |
Property Plant Equipment | 3.7B | 3.8B | 3.6B | 3.5B | 3.1B | 3.4B | |
Long Term Debt Total | 1.0B | 1.0B | 996.3M | 997M | 897.3M | 948.2M |
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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.