Uranium Accounts Payable vs Total Current Liabilities Analysis
UEC Stock | USD 6.98 0.04 0.58% |
Uranium Energy financial indicator trend analysis is much more than just breaking down Uranium Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Energy Corp is a good investment. Please check the relationship between Uranium Energy Accounts Payable and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 income.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Uranium Energy's Accounts Payable and Total Current Liabilities is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Uranium Energy Corp, assuming nothing else is changed. The correlation between historical values of Uranium Energy's Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Uranium Energy Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Uranium Energy's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Uranium Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Uranium Energy Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Liabilities
Total Current Liabilities is an item on Uranium Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Uranium Energy 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.Most indicators from Uranium Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Energy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 income. At present, Uranium Energy's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 232.9 M, whereas Selling General Administrative is forecasted to decline to about 13.2 M.
2023 | 2024 (projected) | Extraordinary Items | 209.6K | 186.3K | Reconciled Depreciation | 2.3M | 2.4M |
Uranium Energy fundamental ratios Correlations
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Uranium Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uranium Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 91.4M | 169.5M | 354.2M | 737.6M | 848.2M | 890.6M | |
Other Current Liab | 178.9K | 238.9K | 6.5M | 6.6M | 7.6M | 8.0M | |
Total Current Liabilities | 2.0M | 13.3M | 8.5M | 12.2M | 14.0M | 14.7M | |
Total Stockholder Equity | 64.4M | 151.5M | 326.9M | 631.8M | 726.6M | 762.9M | |
Net Debt | 15.0M | (34.0M) | (31.4M) | (44.3M) | (39.9M) | (37.9M) | |
Retained Earnings | (276.8M) | (291.6M) | (286.4M) | (289.7M) | (260.7M) | (247.7M) | |
Accounts Payable | 1.9M | 2.8M | 2.0M | 5.6M | 6.4M | 6.7M | |
Cash | 5.1M | 44.3M | 32.5M | 45.6M | 52.5M | 55.1M | |
Cash And Short Term Investments | 5.1M | 44.3M | 32.5M | 45.6M | 52.5M | 55.1M | |
Common Stock Total Equity | 180.9K | 184.6K | 236.8K | 289K | 332.4K | 349.0K | |
Common Stock Shares Outstanding | 183.0M | 210.3M | 271.0M | 364.8M | 419.5M | 440.5M | |
Liabilities And Stockholders Equity | 91.4M | 169.5M | 354.2M | 737.6M | 848.2M | 890.6M | |
Non Current Liabilities Total | 24.9M | 4.8M | 18.8M | 93.6M | 107.6M | 113.0M | |
Other Current Assets | 119.4K | 125.7K | 214K | 702K | 807.3K | 847.7K | |
Other Stockholder Equity | 341.2M | 442.4M | 613.2M | 924.7M | 1.1B | 1.1B | |
Total Liab | 27.0M | 18.1M | 27.3M | 105.8M | 121.6M | 127.7M | |
Total Current Assets | 6.6M | 75.0M | 102.2M | 55.2M | 63.5M | 66.7M | |
Common Stock | 184.6K | 236.8K | 289K | 378K | 434.7K | 456.4K | |
Accumulated Other Comprehensive Income | (120.2K) | 493.2K | (186K) | (3.6M) | (3.2M) | (3.1M) | |
Property Plant And Equipment Net | 70.7M | 71.1M | 202.2M | 585.3M | 673.1M | 706.7M | |
Non Current Assets Total | 84.8M | 94.5M | 252.1M | 682.4M | 784.7M | 824.0M | |
Net Receivables | 1.1M | 1.4M | 2.9M | 2.7M | 3.1M | 3.2M | |
Property Plant And Equipment Gross | 70.7M | 83.0M | 20.2M | 598.8M | 688.6M | 723.1M | |
Property Plant Equipment | 7.0M | 71.1M | 20.2M | 19.7M | 22.7M | 16.6M | |
Other Assets | 2.0M | 2.6M | 10.9M | 10.3M | 11.9M | 12.5M | |
Non Currrent Assets Other | 2.6M | 2.6M | 10.9M | 10.3M | 11.9M | 12.5M | |
Intangible Assets | 63.7M | 63.8M | 181.9M | 565.6M | 650.4M | 682.9M | |
Other Liab | 4.3M | 4.8M | 17.9M | 92.3M | 106.1M | 111.4M | |
Net Tangible Assets | 64.4M | 151.5M | 326.9M | 631.8M | 726.6M | 762.9M | |
Long Term Debt | 9.5M | 19.6M | 19.9M | 66.0K | 75.8K | 72.1K | |
Retained Earnings Total Equity | (262.2M) | (276.8M) | (291.6M) | (286.4M) | (257.7M) | (270.6M) | |
Capital Surpluse | 341.1M | 442.0M | 613.2M | 924.7M | 1.1B | 1.1B | |
Deferred Long Term Liab | 564.9K | 550.6K | 541.0K | 536K | 482.4K | 512.5K | |
Non Current Liabilities Other | 4.0M | 271.1K | 18.3M | 1.0M | 1.2M | 1.1M | |
Short Long Term Debt Total | 20.2M | 10.3M | 1.2M | 1.3M | 1.2M | 1.1M |
Uranium Energy Investors Sentiment
The influence of Uranium Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Uranium. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Uranium Energy's public news can be used to forecast risks associated with an investment in Uranium. The trend in average sentiment can be used to explain how an investor holding Uranium can time the market purely based on public headlines and social activities around Uranium Energy Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Uranium Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Uranium Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Uranium Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Uranium Energy.
Uranium Energy Implied Volatility | 109.89 |
Uranium Energy's implied volatility exposes the market's sentiment of Uranium Energy Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Uranium Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Uranium Energy stock will not fluctuate a lot when Uranium Energy's options are near their expiration.
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 Uranium Energy 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, Uranium Energy's short interest history, or implied volatility extrapolated from Uranium Energy options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Uranium Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Uranium Energy's 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 Uranium Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uranium Energy Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 income. Note that the Uranium Energy Corp information on this page should be used as a complementary analysis to other Uranium Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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Is Uranium Energy's 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 Uranium Energy. If investors know Uranium 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 Uranium Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Earnings Share (0.02) | Revenue Per Share 0.155 | Quarterly Revenue Growth (1.00) | Return On Assets (0.02) |
The market value of Uranium Energy Corp is measured differently than its book value, which is the value of Uranium that is recorded on the company's balance sheet. Investors also form their own opinion of Uranium Energy's value that differs from its market value or its book value, called intrinsic value, which is Uranium Energy's 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 Uranium Energy's market value can be influenced by many factors that don't directly affect Uranium Energy's 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 Uranium Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Uranium Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uranium Energy's 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.