Cameco Capex To Depreciation vs Invested Capital 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 Capex To Depreciation and its Invested Capital 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.

Capex To Depreciation vs Invested Capital

Capex To Depreciation vs Invested Capital 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 Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Cameco Corp's Capex To Depreciation and Invested Capital is -0.07. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Invested Capital 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 Invested Capital 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 Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Capex To Depreciation i.e., Cameco Corp's Capex To Depreciation and Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Cameco Corp. There are two different methods for calculating Cameco Corp invested capital: operating approach and financing approach. Understanding Cameco Corp invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 9th 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

Gross Profit Total Revenue

Cameco Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Short Term Investments	Short Term Debt	Intangible Assets	Current Deferred Revenue
Total Assets		0.81	0.54	0.47	0.99	0.75	0.4	0.94	0.53	0.96	0.26	0.47	0.91	0.95	0.59	0.12	-0.49	0.98	0.46	0.77	0.5	0.32	0.3	0.25	-0.76	0.87
Short Long Term Debt Total	0.81		0.67	0.33	0.77	0.9	0.58	0.87	0.3	0.81	0.04	0.54	0.63	0.85	0.73	-0.4	-0.51	0.84	0.1	0.56	0.26	-0.1	0.21	0.59	-0.43	0.7
Other Current Liab	0.54	0.67		-0.11	0.57	0.68	0.05	0.63	-0.03	0.43	0.0	0.08	0.25	0.57	0.63	-0.43	-0.32	0.49	0.0	0.63	0.33	-0.28	0.53	0.57	-0.2	0.31
Total Current Liabilities	0.47	0.33	-0.11		0.4	0.27	0.69	0.33	0.62	0.51	-0.13	0.43	0.66	0.33	0.16	0.32	-0.25	0.53	0.64	0.24	-0.01	0.72	0.0	-0.13	-0.4	0.63
Total Stockholder Equity	0.99	0.77	0.57	0.4		0.72	0.33	0.94	0.49	0.94	0.31	0.4	0.9	0.93	0.59	0.15	-0.5	0.94	0.46	0.8	0.51	0.3	0.36	0.23	-0.76	0.85
Property Plant And Equipment Net	0.75	0.9	0.68	0.27	0.72		0.52	0.89	0.44	0.72	-0.04	0.62	0.56	0.78	0.69	-0.33	-0.33	0.75	0.08	0.57	0.17	-0.16	0.25	0.49	-0.29	0.67
Net Debt	0.4	0.58	0.05	0.69	0.33	0.52		0.41	0.44	0.52	-0.31	0.39	0.43	0.37	0.63	-0.26	-0.25	0.48	0.18	0.0	-0.44	0.12	-0.05	0.45	-0.05	0.46
Retained Earnings	0.94	0.87	0.63	0.33	0.94	0.89	0.41		0.47	0.92	0.24	0.52	0.8	0.91	0.63	-0.05	-0.46	0.9	0.27	0.7	0.4	0.07	0.28	0.33	-0.62	0.83
Accounts Payable	0.53	0.3	-0.03	0.62	0.49	0.44	0.44	0.47		0.49	-0.36	0.68	0.57	0.38	0.2	0.31	0.14	0.53	0.48	0.45	-0.05	0.42	0.31	-0.2	-0.24	0.51
Non Current Assets Total	0.96	0.81	0.43	0.51	0.94	0.72	0.52	0.92	0.49		0.27	0.45	0.89	0.92	0.61	0.06	-0.55	0.97	0.4	0.57	0.38	0.25	0.08	0.28	-0.69	0.83
Non Currrent Assets Other	0.26	0.04	0.0	-0.13	0.31	-0.04	-0.31	0.24	-0.36	0.27		-0.22	0.35	0.32	-0.1	0.39	-0.38	0.2	0.01	0.17	0.59	0.18	-0.25	-0.18	-0.64	0.36
Net Receivables	0.47	0.54	0.08	0.43	0.4	0.62	0.39	0.52	0.68	0.45	-0.22		0.43	0.44	0.04	-0.05	0.12	0.52	0.06	0.37	0.11	0.12	0.15	0.02	-0.16	0.49
Common Stock Shares Outstanding	0.91	0.63	0.25	0.66	0.9	0.56	0.43	0.8	0.57	0.89	0.35	0.43		0.85	0.41	0.43	-0.53	0.89	0.69	0.69	0.52	0.62	0.14	0.03	-0.88	0.95
Non Current Liabilities Total	0.95	0.85	0.57	0.33	0.93	0.78	0.37	0.91	0.38	0.92	0.32	0.44	0.85		0.64	0.03	-0.56	0.96	0.38	0.72	0.56	0.19	0.16	0.39	-0.74	0.84
Inventory	0.59	0.73	0.63	0.16	0.59	0.69	0.63	0.63	0.2	0.61	-0.1	0.04	0.41	0.64		-0.4	-0.43	0.59	0.11	0.36	-0.13	-0.21	0.26	0.75	-0.2	0.44
Other Current Assets	0.12	-0.4	-0.43	0.32	0.15	-0.33	-0.26	-0.05	0.31	0.06	0.39	-0.05	0.43	0.03	-0.4		0.04	0.06	0.67	0.24	0.4	0.81	-0.04	-0.63	-0.56	0.35
Other Stockholder Equity	-0.49	-0.51	-0.32	-0.25	-0.5	-0.33	-0.25	-0.46	0.14	-0.55	-0.38	0.12	-0.53	-0.56	-0.43	0.04		-0.5	-0.43	-0.21	-0.47	-0.18	0.24	-0.15	0.58	-0.53
Total Liab	0.98	0.84	0.49	0.53	0.94	0.75	0.48	0.9	0.53	0.97	0.2	0.52	0.89	0.96	0.59	0.06	-0.5		0.44	0.7	0.47	0.31	0.19	0.3	-0.72	0.85
Property Plant And Equipment Gross	0.46	0.1	0.0	0.64	0.46	0.08	0.18	0.27	0.48	0.4	0.01	0.06	0.69	0.38	0.11	0.67	-0.43	0.44		0.46	0.42	0.82	0.11	-0.25	-0.64	0.61
Total Current Assets	0.77	0.56	0.63	0.24	0.8	0.57	0.0	0.7	0.45	0.57	0.17	0.37	0.69	0.72	0.36	0.24	-0.21	0.7	0.46		0.61	0.37	0.71	0.12	-0.67	0.68
Cash	0.5	0.26	0.33	-0.01	0.51	0.17	-0.44	0.4	-0.05	0.38	0.59	0.11	0.52	0.56	-0.13	0.4	-0.47	0.47	0.42	0.61		0.38	0.05	-0.19	-0.77	0.5
Cash And Short Term Investments	0.32	-0.1	-0.28	0.72	0.3	-0.16	0.12	0.07	0.42	0.25	0.18	0.12	0.62	0.19	-0.21	0.81	-0.18	0.31	0.82	0.37	0.38		0.08	-0.44	-0.61	0.52
Short Term Investments	0.3	0.21	0.53	0.0	0.36	0.25	-0.05	0.28	0.31	0.08	-0.25	0.15	0.14	0.16	0.26	-0.04	0.24	0.19	0.11	0.71	0.05	0.08		0.2	-0.09	0.13
Short Term Debt	0.25	0.59	0.57	-0.13	0.23	0.49	0.45	0.33	-0.2	0.28	-0.18	0.02	0.03	0.39	0.75	-0.63	-0.15	0.3	-0.25	0.12	-0.19	-0.44	0.2		0.1	0.1
Intangible Assets	-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	-0.56	0.58	-0.72	-0.64	-0.67	-0.77	-0.61	-0.09	0.1		-0.84
Current Deferred Revenue	0.87	0.7	0.31	0.63	0.85	0.67	0.46	0.83	0.51	0.83	0.36	0.49	0.95	0.84	0.44	0.35	-0.53	0.85	0.61	0.68	0.5	0.52	0.13	0.1	-0.84

Click cells to compare fundamentals

Cameco Corp Account Relationship Matchups

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Cameco Stock

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:

How To Invest In Cameco

Details

Is Cameco Stock a good investment?

Details

What is Cameco Corp's Net Worth?

Details

Largest Oil, Gas & Consumable Fuels Companies

View

Largest Uranium Companies

View

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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cameco Capex To Depreciation vs Invested Capital Analysis

Capex To Depreciation vs Invested Capital

Capex To Depreciation vs Invested Capital Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Invested Capital

Cameco Corp fundamental ratios Correlations

Cameco Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cameco Corp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Cameco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Non Current Assets Total
Non Current Assets Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.95	Total Assets

Intangible Assets	- 0.88	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.84	Intangible Assets
Intangible Assets	- 0.77	Cash
Intangible Assets	- 0.76	Total Stockholder Equity
Intangible Assets	- 0.76	Total Assets
Intangible Assets	- 0.74	Non Current Liabilities Total