Denison Book Value per Share vs Cost of Revenue Analysis

DNN Stock  USD 2.03  0.03  1.46%   
Denison Mines financial indicator trend analysis is much more than just examining Denison Mines Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Denison Mines Corp is a good investment. Please check the relationship between Denison Mines Book Value Per Share and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines 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.

Book Value Per Share vs Cost Of Revenue

Book Value per Share vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Denison Mines Corp Book Value per Share account and Cost of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Denison Mines' Book Value per Share and Cost of Revenue is 0.75. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Denison Mines Corp, assuming nothing else is changed. The correlation between historical values of Denison Mines' Book Value per Share and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Denison Mines Corp are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Book Value per Share i.e., Denison Mines' Book Value per Share and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Cost Of Revenue

Cost of Revenue is found on Denison Mines Corp income statement and represents the costs associated with goods and services Denison Mines provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Denison Mines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Denison Mines 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines 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.
At this time, Denison Mines' Issuance Of Capital Stock is very stable compared to the past year. As of the 17th of April 2024, Sales General And Administrative To Revenue is likely to grow to 7.79, while Selling General Administrative is likely to drop about 10.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses30.7M43.2M16.8M22.8M
Cost Of Revenue12.6M11.4M33.9M25.0M

Denison Mines fundamental ratios Correlations

0.120.720.990.52-0.750.230.720.99-0.010.150.73-0.110.710.70.080.160.250.720.660.730.16-0.320.330.810.54
0.120.130.170.13-0.04-0.160.030.11-0.02-0.040.030.5-0.07-0.120.20.030.21-0.10.140.11-0.510.01-0.26-0.06-0.07
0.720.130.650.26-0.490.090.480.740.020.130.53-0.150.80.74-0.210.02-0.110.780.410.470.35-0.460.60.680.25
0.990.170.650.55-0.740.270.710.970.020.160.7-0.030.630.580.170.210.330.60.680.730.12-0.240.210.790.61
0.520.130.260.55-0.190.710.190.580.130.440.20.240.420.220.16-0.230.460.230.980.25-0.01-0.530.010.450.09
-0.75-0.04-0.49-0.74-0.19-0.08-1.0-0.710.230.22-0.970.31-0.63-0.54-0.06-0.27-0.1-0.55-0.3-0.95-0.12-0.03-0.14-0.84-0.72
0.23-0.160.090.270.71-0.080.090.260.230.390.070.290.08-0.030.26-0.020.44-0.020.650.14-0.04-0.06-0.080.330.22
0.720.030.480.710.19-1.00.090.68-0.25-0.230.97-0.320.630.520.050.250.090.530.30.950.120.020.130.840.71
0.990.110.740.970.58-0.710.260.68-0.050.140.7-0.150.760.710.00.050.190.730.720.680.2-0.430.350.820.49
-0.01-0.020.020.020.130.230.23-0.25-0.050.92-0.240.52-0.22-0.110.740.580.73-0.10.12-0.040.070.220.29-0.160.05
0.15-0.040.130.160.440.220.39-0.230.140.92-0.210.420.00.040.580.310.690.050.42-0.050.12-0.110.390.010.01
0.730.030.530.70.2-0.970.070.970.7-0.24-0.21-0.360.690.62-0.010.180.040.620.310.960.08-0.070.230.860.64
-0.110.5-0.15-0.030.240.310.29-0.32-0.150.520.42-0.36-0.51-0.480.710.50.69-0.460.17-0.13-0.330.38-0.45-0.4-0.09
0.71-0.070.80.630.42-0.630.080.630.76-0.220.00.69-0.510.81-0.41-0.28-0.230.820.540.560.41-0.70.580.830.26
0.7-0.120.740.580.22-0.54-0.030.520.71-0.110.040.62-0.480.81-0.33-0.14-0.221.00.340.50.3-0.580.780.620.04
0.080.2-0.210.170.16-0.060.260.050.00.740.58-0.010.71-0.41-0.330.80.94-0.330.120.25-0.150.57-0.26-0.140.33
0.160.030.020.21-0.23-0.27-0.020.250.050.580.310.180.5-0.28-0.140.80.63-0.13-0.190.390.060.7-0.09-0.040.47
0.250.21-0.110.330.46-0.10.440.090.190.730.690.040.69-0.23-0.220.940.63-0.220.420.29-0.110.32-0.210.020.34
0.72-0.10.780.60.23-0.55-0.020.530.73-0.10.050.62-0.460.821.0-0.33-0.13-0.220.350.510.32-0.590.780.640.06
0.660.140.410.680.98-0.30.650.30.720.120.420.310.170.540.340.12-0.190.420.350.350.05-0.560.10.580.19
0.730.110.470.730.25-0.950.140.950.68-0.04-0.050.96-0.130.560.50.250.390.290.510.350.030.090.140.790.7
0.16-0.510.350.12-0.01-0.12-0.040.120.20.070.120.08-0.330.410.3-0.150.06-0.110.320.050.03-0.290.370.180.17
-0.320.01-0.46-0.24-0.53-0.03-0.060.02-0.430.22-0.11-0.070.38-0.7-0.580.570.70.32-0.59-0.560.09-0.29-0.49-0.310.37
0.33-0.260.60.210.01-0.14-0.080.130.350.290.390.23-0.450.580.78-0.26-0.09-0.210.780.10.140.37-0.490.37-0.12
0.81-0.060.680.790.45-0.840.330.840.82-0.160.010.86-0.40.830.62-0.14-0.040.020.640.580.790.18-0.310.370.64
0.54-0.070.250.610.09-0.720.220.710.490.050.010.64-0.090.260.040.330.470.340.060.190.70.170.37-0.120.64
Click cells to compare fundamentals

Denison Mines Account Relationship Matchups

Denison Mines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets300.0M320.7M510.3M515.8M791.9M421.3M
Other Current Liab2.0M944K8.3M7.9M8.2M7.2M
Total Current Liabilities14.9M11.8M16.4M18.4M17.9M14.4M
Total Stockholder Equity210.1M227.3M396.7M436.0M641.8M328.0M
Property Plant And Equipment Net257.3M256.9M254.5M253.5M254.9M290.8M
Net Debt(7.2M)(24.4M)(63.5M)(50.3M)(130.6M)(124.1M)
Accounts Payable7.9M7.2M3.2M5.4M5.0M7.0M
Cash8.2M25.0M64.0M50.9M131.1M137.6M
Non Current Assets Total283.5M271.3M423.4M448.6M643.4M360.2M
Non Currrent Assets Other14.1M14.1M14.3M13.2M2.1M2.0M
Other Assets14.1M14.1M14.3M13.2M1.00.95
Cash And Short Term Investments8.2M41.6M78.4M58.9M141.5M148.5M
Net Receivables4.0M3.4M3.7M4.1M1.9M1.8M
Common Stock Shares Outstanding590.3M628.4M793.7M828.7M854.0M896.7M
Liabilities And Stockholders Equity300.0M320.7M510.3M515.8M791.9M415.6M
Non Current Liabilities Total74.9M81.6M97.2M61.4M132.2M78.6M
Inventory3.4M3.0M3.5M2.7M3.6M3.4M
Other Current Assets978K1.4M1.3M1.4M1.6M1.0M
Other Stockholder Equity65.9M67.4M67.5M70.3M69.8M66.3M
Total Liab89.8M93.4M113.6M79.8M150.1M93.0M
Property Plant And Equipment Gross257.3M256.9M286.4M289.1M294.3M294.0M
Total Current Assets16.5M49.4M86.9M67.2M148.5M156.0M
Accumulated Other Comprehensive Income1.1M1.8M1.8M1.8M1.8M1.9M
Short Long Term Debt Total1.0M615K508K576K417K396.2K
Retained Earnings(1.2B)(1.2B)(1.2B)(1.2B)(1.1B)(1.0B)
Other Liab74.4M81.2M96.9M61.0M70.2M40.1M
Net Tangible Assets210.1M227.3M396.7M436.0M501.4M526.5M
Long Term Debt28K24K39K125K112.5K106.9K
Common Stock Total Equity1.4B1.3B1.3B1.4B1.6B1.7B
Long Term Investments12.1M293K154.6M181.9M309.8M325.3M
Short Term Debt470K240K179K216K213K376.1K
Common Stock1.3B1.4B1.5B1.5B1.7B960.2M
Property Plant Equipment257.3M256.9M254.5M253.5M291.5M305.6M
Current Deferred Revenue4.6M3.5M4.7M4.9M4.5M4.1M
Long Term Debt Total532K375K329K360K414K434.7K
Capital Surpluse65.4M67.4M67.5M70.3M80.8M71.9M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Denison Mines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Denison Mines' short interest history, or implied volatility extrapolated from Denison Mines options trading.
When determining whether Denison Mines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denison Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denison Mines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denison Mines Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines 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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Denison Stock analysis

When running Denison Mines' price analysis, check to measure Denison Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Denison Mines is operating at the current time. Most of Denison Mines' value examination focuses on studying past and present price action to predict the probability of Denison Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Denison Mines' price. Additionally, you may evaluate how the addition of Denison Mines to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Stocks Directory
Find actively traded stocks across global markets
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Is Denison Mines' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Denison Mines. If investors know Denison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.07
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.05)
Return On Equity
0.1658
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' 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.