Uranium Royalty Corp Stock Net Income
| URC Stock | 5.86 0.10 1.74% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Uranium Royalty's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -6.5 M | -6.2 M | |
| Net Loss | -6.5 M | -6.2 M | |
| Net Loss | (0.04) | (0.04) | |
| Net Income Per E B T | 0.96 | 0.76 |
Uranium | Net Income |
Uranium Royalty Corp Company Net Income Analysis
Uranium Royalty's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Uranium Royalty Net Income | (5.65 M) |
Most of Uranium Royalty's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Uranium Royalty Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Uranium Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Uranium Royalty is extremely important. It helps to project a fair market value of Uranium Stock properly, considering its historical fundamentals such as Net Income. Since Uranium Royalty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Uranium Royalty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Uranium Royalty's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Uranium Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Uranium Royalty Corp reported net income of (5.65 Million). This is 100.25% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The net income for all Canada stocks is 100.99% higher than that of the company.
Uranium Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Uranium Royalty's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Uranium Royalty could also be used in its relative valuation, which is a method of valuing Uranium Royalty by comparing valuation metrics of similar companies.Uranium Royalty is currently under evaluation in net income category among its peers.
Uranium Fundamentals
| Return On Equity | 0.0017 | ||||
| Return On Asset | -0.0045 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | (71.61) % | ||||
| Current Valuation | 714.77 M | ||||
| Shares Outstanding | 138.35 M | ||||
| Shares Owned By Insiders | 15.07 % | ||||
| Shares Owned By Institutions | 28.76 % | ||||
| Number Of Shares Shorted | 433.6 K | ||||
| Price To Book | 2.41 X | ||||
| Price To Sales | 21.00 X | ||||
| Revenue | 15.6 M | ||||
| Gross Profit | 6.08 M | ||||
| EBITDA | (4.75 M) | ||||
| Net Income | (5.65 M) | ||||
| Total Debt | 209 K | ||||
| Book Value Per Share | 2.39 X | ||||
| Cash Flow From Operations | (21.49 M) | ||||
| Short Ratio | 1.60 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Target Price | 5.63 | ||||
| Number Of Employees | 14 | ||||
| Beta | 2.03 | ||||
| Market Capitalization | 796.91 M | ||||
| Total Asset | 296.07 M | ||||
| Retained Earnings | 17.23 M | ||||
| Net Asset | 296.07 M |
About Uranium Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Uranium Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Uranium Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Uranium Royalty Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Uranium Royalty
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 Uranium Royalty 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 Uranium Royalty will appreciate offsetting losses from the drop in the long position's value.Moving against Uranium Stock
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| 0.37 | KTO | K2 Gold | PairCorr |
The ability to find closely correlated positions to Uranium Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uranium Royalty 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 Uranium Royalty - 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 Uranium Royalty Corp to buy it.
The correlation of Uranium Royalty 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 Uranium Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uranium Royalty 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 Uranium Royalty 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..