Denison Net Receivables vs Long Term Debt Analysis

DNN Stock

USD 2.05 0.01 0.49%

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 Net Receivables and its Long Term Debt 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.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Denison Mines Corp Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Denison Mines' Net Receivables and Long Term Debt is -0.09. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt 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' Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Denison Mines Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Denison Mines' Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Long Term Debt

Long-term debt is a debt that Denison Mines Corp has held for over one year. Long-term debt appears on Denison Mines Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Denison Mines Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 15th of May 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

Total Operating Expenses Cost Of Revenue

Denison Mines fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Retained Earnings	Other Liab	Net Tangible Assets	Long Term Debt
Total Assets		0.25	0.72	0.99	0.52	-0.75	0.15	0.72	0.99	0.19	0.15	0.73	-0.11	0.71	0.7	0.08	0.16	0.25	0.72	0.66	0.73	0.16	-0.32	0.33	0.81	0.54
Other Current Liab	0.25		0.47	0.19	-0.46	-0.37	-0.68	0.36	0.22	-0.06	-0.25	0.36	-0.35	0.33	0.4	-0.26	0.08	-0.37	0.42	-0.33	0.28	-0.07	-0.02	0.4	0.27	0.13
Total Current Liabilities	0.72	0.47		0.65	0.26	-0.49	0.1	0.48	0.74	0.18	0.13	0.53	-0.15	0.8	0.74	-0.21	0.02	-0.11	0.78	0.41	0.47	0.35	-0.46	0.6	0.68	0.25
Total Stockholder Equity	0.99	0.19	0.65		0.55	-0.74	0.19	0.71	0.97	0.22	0.16	0.7	-0.03	0.63	0.58	0.17	0.21	0.33	0.6	0.68	0.73	0.12	-0.24	0.21	0.79	0.61
Property Plant And Equipment Net	0.52	-0.46	0.26	0.55		-0.19	0.78	0.19	0.58	0.08	0.44	0.2	0.24	0.44	0.22	0.16	-0.23	0.46	0.23	0.98	0.25	-0.01	-0.53	0.01	0.45	0.09
Net Debt	-0.75	-0.37	-0.49	-0.74	-0.19		0.08	-1.0	-0.71	-0.21	0.22	-0.97	0.31	-0.62	-0.54	-0.06	-0.27	-0.1	-0.55	-0.3	-0.95	-0.12	-0.03	-0.14	-0.84	-0.72
Accounts Payable	0.15	-0.68	0.1	0.19	0.78	0.08		-0.06	0.21	0.11	0.25	-0.07	0.52	0.08	-0.08	0.19	-0.12	0.38	-0.07	0.7	0.0	-0.07	-0.25	-0.29	0.1	-0.08
Cash	0.72	0.36	0.48	0.71	0.19	-1.0	-0.06		0.68	0.2	-0.23	0.97	-0.32	0.63	0.52	0.05	0.25	0.09	0.53	0.3	0.95	0.12	0.02	0.13	0.84	0.71
Non Current Assets Total	0.99	0.22	0.74	0.97	0.58	-0.71	0.21	0.68		0.14	0.14	0.7	-0.15	0.77	0.71	0.0	0.05	0.19	0.73	0.72	0.68	0.2	-0.43	0.35	0.82	0.49
Non Currrent Assets Other	0.19	-0.06	0.18	0.22	0.08	-0.21	0.11	0.2	0.14		0.53	0.11	0.28	-0.05	-0.02	0.5	0.63	0.46	0.0	0.11	0.24	0.16	0.43	0.2	0.23	0.46
Other Assets	0.15	-0.25	0.13	0.16	0.44	0.22	0.25	-0.23	0.14	0.53		-0.21	0.42	0.01	0.04	0.58	0.31	0.69	0.05	0.42	-0.05	0.12	-0.11	0.39	0.01	0.01
Cash And Short Term Investments	0.73	0.36	0.53	0.7	0.2	-0.97	-0.07	0.97	0.7	0.11	-0.21		-0.36	0.69	0.62	-0.01	0.18	0.04	0.62	0.31	0.96	0.08	-0.07	0.23	0.86	0.64
Net Receivables	-0.11	-0.35	-0.15	-0.03	0.24	0.31	0.52	-0.32	-0.15	0.28	0.42	-0.36		-0.51	-0.48	0.71	0.5	0.69	-0.46	0.17	-0.13	-0.33	0.38	-0.45	-0.4	-0.09
Common Stock Shares Outstanding	0.71	0.33	0.8	0.63	0.44	-0.62	0.08	0.63	0.77	-0.05	0.01	0.69	-0.51		0.8	-0.41	-0.29	-0.22	0.82	0.56	0.55	0.41	-0.71	0.58	0.83	0.25
Non Current Liabilities Total	0.7	0.4	0.74	0.58	0.22	-0.54	-0.08	0.52	0.71	-0.02	0.04	0.62	-0.48	0.8		-0.33	-0.14	-0.22	1.0	0.34	0.5	0.3	-0.58	0.78	0.62	0.04
Inventory	0.08	-0.26	-0.21	0.17	0.16	-0.06	0.19	0.05	0.0	0.5	0.58	-0.01	0.71	-0.41	-0.33		0.8	0.94	-0.33	0.12	0.25	-0.15	0.57	-0.26	-0.14	0.33
Other Current Assets	0.16	0.08	0.02	0.21	-0.23	-0.27	-0.12	0.25	0.05	0.63	0.31	0.18	0.5	-0.29	-0.14	0.8		0.63	-0.13	-0.19	0.39	0.06	0.7	-0.09	-0.04	0.47
Other Stockholder Equity	0.25	-0.37	-0.11	0.33	0.46	-0.1	0.38	0.09	0.19	0.46	0.69	0.04	0.69	-0.22	-0.22	0.94	0.63		-0.22	0.42	0.29	-0.11	0.32	-0.21	0.02	0.34
Total Liab	0.72	0.42	0.78	0.6	0.23	-0.55	-0.07	0.53	0.73	0.0	0.05	0.62	-0.46	0.82	1.0	-0.33	-0.13	-0.22		0.35	0.51	0.32	-0.59	0.78	0.64	0.06
Property Plant And Equipment Gross	0.66	-0.33	0.41	0.68	0.98	-0.3	0.7	0.3	0.72	0.11	0.42	0.31	0.17	0.56	0.34	0.12	-0.19	0.42	0.35		0.35	0.05	-0.56	0.1	0.58	0.19
Total Current Assets	0.73	0.28	0.47	0.73	0.25	-0.95	0.0	0.95	0.68	0.24	-0.05	0.96	-0.13	0.55	0.5	0.25	0.39	0.29	0.51	0.35		0.03	0.09	0.14	0.79	0.7
Short Long Term Debt Total	0.16	-0.07	0.35	0.12	-0.01	-0.12	-0.07	0.12	0.2	0.16	0.12	0.08	-0.33	0.41	0.3	-0.15	0.06	-0.11	0.32	0.05	0.03		-0.29	0.37	0.18	0.17
Retained Earnings	-0.32	-0.02	-0.46	-0.24	-0.53	-0.03	-0.25	0.02	-0.43	0.43	-0.11	-0.07	0.38	-0.71	-0.58	0.57	0.7	0.32	-0.59	-0.56	0.09	-0.29		-0.49	-0.31	0.37
Other Liab	0.33	0.4	0.6	0.21	0.01	-0.14	-0.29	0.13	0.35	0.2	0.39	0.23	-0.45	0.58	0.78	-0.26	-0.09	-0.21	0.78	0.1	0.14	0.37	-0.49		0.37	-0.12
Net Tangible Assets	0.81	0.27	0.68	0.79	0.45	-0.84	0.1	0.84	0.82	0.23	0.01	0.86	-0.4	0.83	0.62	-0.14	-0.04	0.02	0.64	0.58	0.79	0.18	-0.31	0.37		0.64
Long Term Debt	0.54	0.13	0.25	0.61	0.09	-0.72	-0.08	0.71	0.49	0.46	0.01	0.64	-0.09	0.25	0.04	0.33	0.47	0.34	0.06	0.19	0.7	0.17	0.37	-0.12	0.64

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Denison Mines Account Relationship Matchups

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	5.3M
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	7.3M
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	202.4K
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	4.8M
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

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.

Moving together with Denison Stock

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0.73	LEU	Centrus Energy	Pair Corr
0.84	NXE	NexGen Energy	Pair Corr

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 Correlation Correlation 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:

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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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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

0.06

Revenue Per Share

0.004

Quarterly Revenue Growth

(0.23)

Return On Assets

(0.05)

Return On Equity

0.1347

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.

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Denison Net Receivables vs Long Term Debt Analysis

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Receivables

Long Term Debt

Denison Mines fundamental ratios Correlations

Denison Mines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Denison Mines fundamental ratios Accounts

Pair Trading with Denison Mines

Moving together with Denison Stock

Complementary Tools for Denison Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Cash And Short Term Investments	+ 0.97	Cash

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Total Current Assets	- 0.95	Net Debt
Net Tangible Assets	- 0.84	Net Debt
Net Debt	- 0.75	Total Assets
Net Debt	- 0.74	Total Stockholder Equity