Cameco Free Cash Flow Yield vs Price To Sales Ratio 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 Free Cash Flow Yield and its Price To Sales Ratio 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.
Free Cash Flow Yield vs Price To Sales Ratio
Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cameco Corp's Free Cash Flow Yield and Price To Sales Ratio is -0.24. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio 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 Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Cameco Corp are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., Cameco Corp's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Cameco Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cameco Corp sales, a figure that is much harder to manipulate than other Cameco Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.