Cameco Capex To Depreciation vs Days Sales Outstanding Analysis

CCO Stock  CAD 72.65  0.27  0.37%   
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 Capex To Depreciation and its Days Sales Outstanding 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 tightly coupled 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.

Capex To Depreciation vs Days Sales Outstanding

Capex To Depreciation vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Capex To Depreciation account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cameco Corp's Capex To Depreciation and Days Sales Outstanding is -0.44. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Days Sales Outstanding 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 Capex To Depreciation and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Cameco Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Capex To Depreciation i.e., Cameco Corp's Capex To Depreciation and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Days Sales Outstanding

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 tightly coupled 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 29th of May 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 Profit1.9M233.3M561.7M522.6M
Total Revenue1.5B1.9B2.6B1.7B

Cameco Corp fundamental ratios Correlations

0.810.540.470.990.750.40.940.530.960.260.470.910.950.590.12-0.490.980.460.770.50.320.30.25-0.760.87
0.810.670.330.770.90.580.870.30.810.040.540.630.850.73-0.4-0.510.840.10.560.26-0.10.210.59-0.430.7
0.540.67-0.110.570.680.050.63-0.030.430.00.080.250.570.63-0.43-0.320.490.00.630.33-0.280.530.57-0.20.31
0.470.33-0.110.40.270.690.330.620.51-0.130.430.660.330.160.32-0.250.530.640.24-0.010.720.0-0.13-0.40.63
0.990.770.570.40.720.330.940.490.940.310.40.90.930.590.15-0.50.940.460.80.510.30.360.23-0.760.85
0.750.90.680.270.720.520.890.440.72-0.040.620.560.780.69-0.33-0.330.750.080.570.17-0.160.250.49-0.290.67
0.40.580.050.690.330.520.410.440.52-0.310.390.430.370.63-0.26-0.250.480.180.0-0.440.12-0.050.45-0.050.46
0.940.870.630.330.940.890.410.470.920.240.520.80.910.63-0.05-0.460.90.270.70.40.070.280.33-0.620.83
0.530.3-0.030.620.490.440.440.470.49-0.360.680.570.380.20.310.140.530.480.45-0.050.420.31-0.2-0.240.51
0.960.810.430.510.940.720.520.920.490.270.450.890.920.610.06-0.550.970.40.570.380.250.080.28-0.690.83
0.260.040.0-0.130.31-0.04-0.310.24-0.360.27-0.220.350.32-0.10.39-0.380.20.010.170.590.18-0.25-0.18-0.640.36
0.470.540.080.430.40.620.390.520.680.45-0.220.430.440.04-0.050.120.520.060.370.110.120.150.02-0.160.49
0.910.630.250.660.90.560.430.80.570.890.350.430.850.410.43-0.530.890.690.690.520.620.140.03-0.880.95
0.950.850.570.330.930.780.370.910.380.920.320.440.850.640.03-0.560.960.380.720.560.190.160.39-0.740.84
0.590.730.630.160.590.690.630.630.20.61-0.10.040.410.64-0.4-0.430.590.110.36-0.13-0.210.260.75-0.20.44
0.12-0.4-0.430.320.15-0.33-0.26-0.050.310.060.39-0.050.430.03-0.40.040.060.670.240.40.81-0.04-0.63-0.560.35
-0.49-0.51-0.32-0.25-0.5-0.33-0.25-0.460.14-0.55-0.380.12-0.53-0.56-0.430.04-0.5-0.43-0.21-0.47-0.180.24-0.150.58-0.53
0.980.840.490.530.940.750.480.90.530.970.20.520.890.960.590.06-0.50.440.70.470.310.190.3-0.720.85
0.460.10.00.640.460.080.180.270.480.40.010.060.690.380.110.67-0.430.440.460.420.820.11-0.25-0.640.61
0.770.560.630.240.80.570.00.70.450.570.170.370.690.720.360.24-0.210.70.460.610.370.710.12-0.670.68
0.50.260.33-0.010.510.17-0.440.4-0.050.380.590.110.520.56-0.130.4-0.470.470.420.610.380.05-0.19-0.770.5
0.32-0.1-0.280.720.3-0.160.120.070.420.250.180.120.620.19-0.210.81-0.180.310.820.370.380.08-0.44-0.610.52
0.30.210.530.00.360.25-0.050.280.310.08-0.250.150.140.160.26-0.040.240.190.110.710.050.080.2-0.090.13
0.250.590.57-0.130.230.490.450.33-0.20.28-0.180.020.030.390.75-0.63-0.150.3-0.250.12-0.19-0.440.20.10.1
-0.76-0.43-0.2-0.4-0.76-0.29-0.05-0.62-0.24-0.69-0.64-0.16-0.88-0.74-0.2-0.560.58-0.72-0.64-0.67-0.77-0.61-0.090.1-0.84
0.870.70.310.630.850.670.460.830.510.830.360.490.950.840.440.35-0.530.850.610.680.50.520.130.1-0.84
Click cells to compare fundamentals

Cameco Corp Account Relationship Matchups

Cameco Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.6B7.5B8.6B9.9B6.2B
Short Long Term Debt Total996.7M995.5M996.3M997M1.1B899.8M
Other Current Liab177.0M140.5M200.4M310.9M48.5M46.1M
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 Payable100.4M137.2M213.4M250.0M388.9M254.8M
Non Current Assets Total5.6B5.6B5.4B5.3B8.1B4.6B
Non Currrent Assets Other1.3B1.3B577.5M595.5M613.8M537.4M
Net Receivables338.3M231.9M304.3M217.2M413.8M343.6M
Liabilities And Stockholders Equity7.4B7.6B7.5B8.6B9.9B5.9B
Non Current Liabilities Total2.2B2.3B2.3B2.2B2.7B1.7B
Inventory406.3M769.8M504.9M822.6M841.6M628.0M
Other Current Assets195.7M190.1M233.3M239M274.9M288.6M
Other Stockholder Equity306.4M352.8M302.8M259.3M233.4M221.7M
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(4.9B)(5.1B)(5.3B)(5.5B)(5.0B)(4.7B)
Cash866.7M728.2M1.0B904.7M566.8M424.7M
Cash And Short Term Investments866.7M753.2M1.1B2.0B2.3B2.5B
Intangible Assets60.4M55.8M51.2M47.1M43.6M69.1M
Common Stock1.9B1.9B1.9B2.9B3.3B2.1B
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

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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 tightly coupled 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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.