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 Direction | Positive |
Relationship Strength | Significant |
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 Expenses | 30.7M | 43.2M | 16.8M | 22.8M | Cost Of Revenue | 12.6M | 11.4M | 33.9M | 25.0M |
Denison Mines fundamental ratios Correlations
Click cells to compare fundamentals
Denison Mines Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Denison Mines fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 300.0M | 320.7M | 510.3M | 515.8M | 791.9M | 421.3M | |
Other Current Liab | 2.0M | 944K | 8.3M | 7.9M | 8.2M | 7.2M | |
Total Current Liabilities | 14.9M | 11.8M | 16.4M | 18.4M | 17.9M | 14.4M | |
Total Stockholder Equity | 210.1M | 227.3M | 396.7M | 436.0M | 641.8M | 328.0M | |
Property Plant And Equipment Net | 257.3M | 256.9M | 254.5M | 253.5M | 254.9M | 290.8M | |
Net Debt | (7.2M) | (24.4M) | (63.5M) | (50.3M) | (130.6M) | (124.1M) | |
Accounts Payable | 7.9M | 7.2M | 3.2M | 5.4M | 5.0M | 7.0M | |
Cash | 8.2M | 25.0M | 64.0M | 50.9M | 131.1M | 137.6M | |
Non Current Assets Total | 283.5M | 271.3M | 423.4M | 448.6M | 643.4M | 360.2M | |
Non Currrent Assets Other | 14.1M | 14.1M | 14.3M | 13.2M | 2.1M | 2.0M | |
Other Assets | 14.1M | 14.1M | 14.3M | 13.2M | 1.0 | 0.95 | |
Cash And Short Term Investments | 8.2M | 41.6M | 78.4M | 58.9M | 141.5M | 148.5M | |
Net Receivables | 4.0M | 3.4M | 3.7M | 4.1M | 1.9M | 1.8M | |
Common Stock Shares Outstanding | 590.3M | 628.4M | 793.7M | 828.7M | 854.0M | 896.7M | |
Liabilities And Stockholders Equity | 300.0M | 320.7M | 510.3M | 515.8M | 791.9M | 415.6M | |
Non Current Liabilities Total | 74.9M | 81.6M | 97.2M | 61.4M | 132.2M | 78.6M | |
Inventory | 3.4M | 3.0M | 3.5M | 2.7M | 3.6M | 3.4M | |
Other Current Assets | 978K | 1.4M | 1.3M | 1.4M | 1.6M | 1.0M | |
Other Stockholder Equity | 65.9M | 67.4M | 67.5M | 70.3M | 69.8M | 66.3M | |
Total Liab | 89.8M | 93.4M | 113.6M | 79.8M | 150.1M | 93.0M | |
Property Plant And Equipment Gross | 257.3M | 256.9M | 286.4M | 289.1M | 294.3M | 294.0M | |
Total Current Assets | 16.5M | 49.4M | 86.9M | 67.2M | 148.5M | 156.0M | |
Accumulated Other Comprehensive Income | 1.1M | 1.8M | 1.8M | 1.8M | 1.8M | 1.9M | |
Short Long Term Debt Total | 1.0M | 615K | 508K | 576K | 417K | 396.2K | |
Retained Earnings | (1.2B) | (1.2B) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Other Liab | 74.4M | 81.2M | 96.9M | 61.0M | 70.2M | 40.1M | |
Net Tangible Assets | 210.1M | 227.3M | 396.7M | 436.0M | 501.4M | 526.5M | |
Long Term Debt | 28K | 24K | 39K | 125K | 112.5K | 106.9K | |
Common Stock Total Equity | 1.4B | 1.3B | 1.3B | 1.4B | 1.6B | 1.7B | |
Long Term Investments | 12.1M | 293K | 154.6M | 181.9M | 309.8M | 325.3M | |
Short Term Debt | 470K | 240K | 179K | 216K | 213K | 376.1K | |
Common Stock | 1.3B | 1.4B | 1.5B | 1.5B | 1.7B | 960.2M | |
Property Plant Equipment | 257.3M | 256.9M | 254.5M | 253.5M | 291.5M | 305.6M | |
Current Deferred Revenue | 4.6M | 3.5M | 4.7M | 4.9M | 4.5M | 4.1M | |
Long Term Debt Total | 532K | 375K | 329K | 360K | 414K | 434.7K | |
Capital Surpluse | 65.4M | 67.4M | 67.5M | 70.3M | 80.8M | 71.9M |
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.
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.
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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.