Denison Free Cash Flow per Share vs Debt to Equity Ratio Analysis

DNN Stock  USD 1.95  0.01  0.52%   
Trend analysis of Denison Mines Corp balance sheet accounts such as Total Current Liabilities of 14.4 M or Total Stockholder Equity of 328 M provides information on Denison Mines' total assets, liabilities, and equity, which is the actual value of Denison Mines Corp to its prevalent stockholders. By breaking down trends over time using Denison Mines balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Denison Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Denison Mines Corp at a specified time, usually calculated after every quarter, six months, or one year. Denison Mines Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Denison Mines and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Denison currently owns. An asset can also be divided into two categories, current and non-current.

Denison Mines Balance Sheet Chart

Denison Mines Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Denison Mines Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Denison Mines' Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 28th of March 2024, Net Tangible Assets is likely to grow to about 526.5 M, while Total Assets are likely to drop about 421.3 M.

Total Assets

Total assets refers to the total amount of Denison Mines assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Denison Mines Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Denison Mines balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Denison Mines Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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.
As of the 28th of March 2024, Issuance Of Capital Stock is likely to grow to about 46.7 M, 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

0.120.720.990.52-0.750.230.720.99-0.010.150.73-0.110.710.70.080.160.250.720.740.730.16-0.320.330.810.54
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
0.720.130.650.26-0.490.090.480.740.020.130.53-0.150.80.74-0.210.02-0.110.780.450.470.35-0.460.60.680.25
0.990.170.650.55-0.740.270.710.970.020.160.7-0.030.630.580.170.210.330.60.750.730.12-0.240.210.790.61
0.520.130.260.55-0.190.710.190.580.130.440.20.240.420.220.16-0.230.460.230.960.25-0.01-0.530.010.450.09
-0.75-0.04-0.49-0.74-0.19-0.08-1.0-0.710.230.22-0.970.31-0.63-0.54-0.06-0.27-0.1-0.55-0.38-0.95-0.12-0.03-0.14-0.84-0.72
0.23-0.160.090.270.71-0.080.090.260.230.390.070.290.08-0.030.26-0.020.44-0.020.620.14-0.04-0.06-0.080.330.22
0.720.030.480.710.19-1.00.090.68-0.25-0.230.97-0.320.630.520.050.250.090.530.370.950.120.020.130.840.71
0.990.110.740.970.58-0.710.260.68-0.050.140.7-0.150.760.710.00.050.190.730.790.680.2-0.430.350.820.49
-0.01-0.020.020.020.130.230.23-0.25-0.050.92-0.240.52-0.22-0.110.740.580.73-0.10.07-0.040.070.220.29-0.160.05
0.15-0.040.130.160.440.220.39-0.230.140.92-0.210.420.00.040.580.310.690.050.38-0.050.12-0.110.390.010.01
0.730.030.530.70.2-0.970.070.970.7-0.24-0.21-0.360.690.62-0.010.180.040.620.380.960.08-0.070.230.860.64
-0.110.5-0.15-0.030.240.310.29-0.32-0.150.520.42-0.36-0.51-0.480.710.50.69-0.460.13-0.13-0.330.38-0.45-0.4-0.09
0.71-0.070.80.630.42-0.630.080.630.76-0.220.00.69-0.510.81-0.41-0.28-0.230.820.580.560.41-0.70.580.830.26
0.7-0.120.740.580.22-0.54-0.030.520.71-0.110.040.62-0.480.81-0.33-0.14-0.221.00.410.50.3-0.580.780.620.04
0.080.2-0.210.170.16-0.060.260.050.00.740.58-0.010.71-0.41-0.330.80.94-0.330.110.25-0.150.57-0.26-0.140.33
0.160.030.020.21-0.23-0.27-0.020.250.050.580.310.180.5-0.28-0.140.80.63-0.13-0.160.390.060.7-0.09-0.040.47
0.250.21-0.110.330.46-0.10.440.090.190.730.690.040.69-0.23-0.220.940.63-0.220.410.29-0.110.32-0.210.020.34
0.72-0.10.780.60.23-0.55-0.020.530.73-0.10.050.62-0.460.821.0-0.33-0.13-0.220.430.510.32-0.590.780.640.06
0.740.140.450.750.96-0.380.620.370.790.070.380.380.130.580.410.11-0.160.410.430.410.06-0.550.120.620.23
0.730.110.470.730.25-0.950.140.950.68-0.04-0.050.96-0.130.560.50.250.390.290.510.410.030.090.140.790.7
0.16-0.510.350.12-0.01-0.12-0.040.120.20.070.120.08-0.330.410.3-0.150.06-0.110.320.060.03-0.290.370.180.17
-0.320.01-0.46-0.24-0.53-0.03-0.060.02-0.430.22-0.11-0.070.38-0.7-0.580.570.70.32-0.59-0.550.09-0.29-0.49-0.310.37
0.33-0.260.60.210.01-0.14-0.080.130.350.290.390.23-0.450.580.78-0.26-0.09-0.210.780.120.140.37-0.490.37-0.12
0.81-0.060.680.790.45-0.840.330.840.82-0.160.010.86-0.40.830.62-0.14-0.040.020.640.620.790.18-0.310.370.64
0.54-0.070.250.610.09-0.720.220.710.490.050.010.64-0.090.260.040.330.470.340.060.230.70.170.37-0.120.64
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 Gross257.3M256.9M286.4M289.1M332.4M292.9M
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 Investments12.1M293K154.6M181.9M209.2M219.7M
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.

Pair Trading with Denison Mines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Denison Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Denison Mines will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Denison Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denison Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Denison Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Denison Mines Corp to buy it.
The correlation of Denison Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Denison Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denison Mines Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Denison Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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.
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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
0.05
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.