Ucore Rare Financials
UCU Stock | CAD 0.69 0.02 2.82% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.0561 | 0.0659 |
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Current Ratio | 1.13 | 1.19 |
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Ucore | Select Account or Indicator |
Understanding current and past Ucore Rare Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ucore Rare's financial statements are interrelated, with each one affecting the others. For example, an increase in Ucore Rare's assets may result in an increase in income on the income statement.
The data published in Ucore Rare's official financial statements usually reflect Ucore Rare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ucore Rare Metals. For example, before you start analyzing numbers published by Ucore accountants, it's critical to develop an understanding of what Ucore Rare's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Ucore Rare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ucore Rare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ucore Rare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ucore Rare Metals. Please utilize our Beneish M Score to check the likelihood of Ucore Rare's management manipulating its earnings.
Ucore Rare Stock Summary
Ucore Rare competes with Rio2, Zedcor Energy, TeraGo, Condor Energies, and TRX Gold. Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. UCORE RARE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Specialization | Basic Materials, Other Industrial Metals & Mining |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA90348V3011 |
Business Address | 210 Waterfront Drive, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | NYSE Composite |
Website | www.ucore.com |
Phone | 902 482 5214 |
Currency | CAD - Canadian Dollar |
You should never invest in Ucore Rare without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ucore Stock, because this is throwing your money away. Analyzing the key information contained in Ucore Rare's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ucore Rare Key Financial Ratios
Generally speaking, Ucore Rare's financial ratios allow both analysts and investors to convert raw data from Ucore Rare's financial statements into concise, actionable information that can be used to evaluate the performance of Ucore Rare over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ucore Rare Metals reports annually and quarterly.Return On Equity | -0.14 | ||||
EBITDA | (5.05 M) | ||||
Net Income | (6.59 M) |
Ucore Rare Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 40.5M | 46.7M | 49.4M | 53.2M | 61.2M | 36.6M | |
Net Debt | (1.6M) | 3.5M | (817.9K) | 1.3M | 1.5M | 1.5M | |
Accounts Payable | 493.9K | 742.6K | 902.8K | 1.5M | 1.7M | 1.8M | |
Cash | 2.8M | 1.0M | 3.3M | 2.3M | 2.0M | 2.2M | |
Total Liab | 1.7M | 5.3M | 3.4M | 5.0M | 5.8M | 6.1M | |
Total Current Assets | 3.3M | 1.4M | 3.9M | 2.9M | 2.6M | 3.0M | |
Net Receivables | 278.8K | 154.8K | 292.7K | 433.5K | 498.5K | 523.5K | |
Retained Earnings | (58.3M) | (63.8M) | (69.3M) | (74.8M) | (67.3M) | (63.9M) | |
Other Current Assets | 228.0K | 216.5K | 233.3K | 235.6K | 212.0K | 201.4K | |
Net Tangible Assets | 38.8M | 33.3M | 37.9M | 40.1M | 46.2M | 40.7M | |
Common Stock | 68.3M | 76.0M | 84.3M | 86.7M | 99.7M | 69.0M | |
Other Assets | 57.3K | 56.2K | 56.0K | 69.3K | 62.4K | 59.3K | |
Net Invested Capital | 40.0M | 45.7M | 48.4M | 51.7M | 59.4M | 49.6M | |
Net Working Capital | 2.7M | (579.4K) | 2.9M | 98.3K | 88.4K | 84.0K | |
Capital Stock | 68.3M | 76.0M | 84.3M | 86.7M | 99.7M | 82.6M |
Ucore Rare Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Ucore Rare's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Operating Income | (3.0M) | (5.1M) | (6.2M) | (4.8M) | (5.6M) | (5.3M) | |
Ebit | (3.0M) | (5.1M) | (6.2M) | (4.8M) | (4.4M) | (4.6M) | |
Ebitda | (2.9M) | (5.0M) | (6.1M) | (4.7M) | (4.2M) | (4.5M) | |
Income Before Tax | (10.8M) | (5.5M) | (5.5M) | (5.5M) | (6.6M) | (6.9M) | |
Net Income | (10.8M) | (5.5M) | (5.5M) | (5.5M) | (6.6M) | (6.9M) | |
Income Tax Expense | 591.6K | (187.9K) | (64.8K) | 753.6K | 866.6K | 909.9K | |
Interest Expense | 591.6K | 488.1K | 469.2K | 753.6K | 1.3M | 1.4M | |
Gross Profit | (91.3K) | (94.9K) | (115.0K) | (96.5K) | (86.9K) | (82.6K) | |
Cost Of Revenue | 91.3K | 94.9K | 115.0K | 96.5K | 86.9K | 49.4K | |
Net Interest Income | (396.8K) | (468.6K) | (459.9K) | (750.3K) | (1.3M) | (1.3M) | |
Interest Income | 194.9K | 19.5K | 9.3K | 3.3K | 10.0K | 9.5K |
Ucore Rare Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Ucore Rare Metals. It measures of how well Ucore is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Ucore Rare brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Ucore had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Ucore Rare has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 2.4M | (1.8M) | 2.3M | (1.1M) | 699.7K | 430.1K | |
Free Cash Flow | (3.5M) | (4.5M) | (5.8M) | (6.9M) | (9.2M) | (8.8M) | |
Depreciation | 91.3K | 94.9K | 115.0K | 129.4K | 75.2K | 55.0K | |
Other Non Cash Items | 391.1K | 918.9K | 245.2K | 538.7K | 1.1M | 640.9K | |
Capital Expenditures | 350.7K | 724.3K | 359.2K | 2.4M | 5.2M | 5.4M | |
Net Income | (10.8M) | (5.5M) | (5.5M) | (5.5M) | (6.6M) | (6.9M) | |
End Period Cash Flow | 2.8M | 1.0M | 3.3M | 2.3M | 995.0K | 1.8M | |
Change To Netincome | 7.5M | 1.2M | (50.7K) | 1.1M | 1.3M | 1.7M |
Ucore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ucore Rare's current stock value. Our valuation model uses many indicators to compare Ucore Rare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ucore Rare competition to find correlations between indicators driving Ucore Rare's intrinsic value. More Info.Ucore Rare Metals is rated second in return on equity category among related companies. It is rated second in return on asset category among related companies . At this time, Ucore Rare's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Ucore Rare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ucore Rare's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ucore Rare's earnings, one of the primary drivers of an investment's value.Ucore Rare Metals Systematic Risk
Ucore Rare's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ucore Rare volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Ucore Rare Metals correlated with the market. If Beta is less than 0 Ucore Rare generally moves in the opposite direction as compared to the market. If Ucore Rare Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ucore Rare Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ucore Rare is generally in the same direction as the market. If Beta > 1 Ucore Rare moves generally in the same direction as, but more than the movement of the benchmark.
Ucore Rare Metals Total Assets Over Time
About Ucore Rare Financials
What exactly are Ucore Rare Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Ucore Rare's income statement, its balance sheet, and the statement of cash flows. Potential Ucore Rare investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ucore Rare investors may use each financial statement separately, they are all related. The changes in Ucore Rare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ucore Rare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Ucore Rare Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ucore Rare is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ucore has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Ucore Rare's financials are consistent with your investment objective using the following steps:- Review Ucore Rare's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Ucore Rare's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Ucore Rare's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ucore Rare's stock is overvalued or undervalued.
Today, most investors in Ucore Rare Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ucore Rare's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ucore Rare growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Ucore Rare April 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ucore Rare help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ucore Rare Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ucore Rare Metals based on widely used predictive technical indicators. In general, we focus on analyzing Ucore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ucore Rare's daily price indicators and compare them against related drivers.
Information Ratio | (0.14) | |||
Maximum Drawdown | 13.47 | |||
Value At Risk | (4.44) | |||
Potential Upside | 3.75 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucore Rare Metals. 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. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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