Cameco Invested Capital vs Ptb Ratio 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 Invested Capital and its Ptb 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 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.

Invested Capital vs Ptb Ratio

Invested Capital vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Invested Capital account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cameco Corp's Invested Capital and Ptb Ratio is -0.11. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Ptb 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 Invested Capital and Ptb 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 Invested Capital of Cameco Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Invested Capital i.e., Cameco Corp's Invested Capital and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
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 28th 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.