Uranium Cash And Short Term Investments vs Net Debt Analysis

0LJQ Stock   8.03  0.19  2.31%   
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 Cash And Short Term Investments and its Net Debt accounts. Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Uranium Energy's Cash And Short Term Investments and Net Debt is -0.89. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt 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 Cash And Short Term Investments and Net 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 Cash And Short Term Investments of Uranium Energy Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Uranium Energy's Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Uranium Energy Corp balance sheet. This account contains Uranium Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Uranium Energy Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 5.8 M in 2024. Tax Provision is likely to drop to -4,842 in 2024
 2021 2022 2023 2024 (projected)
Interest Expense1.5M805K827K320K
Depreciation And Amortization1.4M2.0M2.2M19.7K

Uranium Energy fundamental ratios Correlations

0.950.841.0-0.86-0.590.820.90.860.930.880.970.950.850.920.990.990.190.810.70.570.640.540.66-0.55-0.12
0.950.860.95-0.91-0.50.830.920.920.860.820.910.830.950.850.90.90.120.780.860.590.670.460.57-0.61-0.13
0.840.860.84-0.84-0.60.840.920.910.810.730.850.770.890.810.780.78-0.120.490.750.470.430.620.4-0.40.31
1.00.950.84-0.88-0.570.810.910.870.930.890.970.930.860.920.980.980.20.810.720.590.660.530.65-0.58-0.11
-0.86-0.91-0.84-0.880.34-0.77-0.96-0.89-0.73-0.71-0.8-0.69-0.9-0.74-0.8-0.8-0.16-0.59-0.79-0.55-0.64-0.33-0.460.760.0
-0.59-0.5-0.6-0.570.34-0.42-0.54-0.5-0.82-0.76-0.76-0.63-0.53-0.84-0.56-0.57-0.05-0.6-0.49-0.35-0.04-0.77-0.1-0.16-0.23
0.820.830.840.81-0.77-0.420.830.920.680.60.770.80.840.660.780.77-0.130.520.60.260.460.40.48-0.35-0.17
0.90.920.920.91-0.96-0.540.830.950.830.760.880.780.940.830.830.840.060.60.810.520.530.450.42-0.560.07
0.860.920.910.87-0.89-0.50.920.950.770.670.840.780.970.770.790.79-0.150.570.790.460.490.440.46-0.45-0.03
0.930.860.810.93-0.73-0.820.680.830.770.950.980.890.791.00.910.910.180.840.70.620.490.730.5-0.350.05
0.880.820.730.89-0.71-0.760.60.760.670.950.930.80.730.950.860.880.40.870.710.550.560.680.42-0.47-0.01
0.970.910.850.97-0.8-0.760.770.880.840.980.930.930.840.980.950.950.170.830.720.580.540.660.55-0.41-0.02
0.950.830.770.93-0.69-0.630.80.780.780.890.80.930.710.870.970.960.090.740.50.450.490.540.68-0.3-0.14
0.850.950.890.86-0.9-0.530.840.940.970.790.730.840.710.790.760.76-0.050.650.920.540.550.480.4-0.51-0.01
0.920.850.810.92-0.74-0.840.660.830.771.00.950.980.870.790.890.90.190.830.710.610.470.720.48-0.350.07
0.990.90.780.98-0.8-0.560.780.830.790.910.860.950.970.760.891.00.230.80.590.540.620.520.7-0.52-0.14
0.990.90.780.98-0.8-0.570.770.840.790.910.880.950.960.760.91.00.250.810.60.550.630.530.7-0.53-0.14
0.190.12-0.120.2-0.16-0.05-0.130.06-0.150.180.40.170.09-0.050.190.230.250.370.09-0.090.24-0.16-0.13-0.41-0.23
0.810.780.490.81-0.59-0.60.520.60.570.840.870.830.740.650.830.80.810.370.660.580.620.530.55-0.45-0.38
0.70.860.750.72-0.79-0.490.60.810.790.70.710.720.50.920.710.590.60.090.660.570.570.450.24-0.540.02
0.570.590.470.59-0.55-0.350.260.520.460.620.550.580.450.540.610.540.55-0.090.580.570.670.610.65-0.530.05
0.640.670.430.66-0.64-0.040.460.530.490.490.560.540.490.550.470.620.630.240.620.570.670.380.75-0.8-0.31
0.540.460.620.53-0.33-0.770.40.450.440.730.680.660.540.480.720.520.53-0.160.530.450.610.380.39-0.050.32
0.660.570.40.65-0.46-0.10.480.420.460.50.420.550.680.40.480.70.7-0.130.550.240.650.750.39-0.46-0.31
-0.55-0.61-0.4-0.580.76-0.16-0.35-0.56-0.45-0.35-0.47-0.41-0.3-0.51-0.35-0.52-0.53-0.41-0.45-0.54-0.53-0.8-0.05-0.460.16
-0.12-0.130.31-0.110.0-0.23-0.170.07-0.030.05-0.01-0.02-0.14-0.010.07-0.14-0.14-0.23-0.380.020.05-0.310.32-0.310.16
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Uranium Energy Account Relationship Matchups

Uranium Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets91.4M169.5M354.2M737.6M889.8M107.5K
Other Current Liab178.9K1.9M6.5M6.6M14.2M16.8K
Total Current Liabilities2.0M13.3M8.5M12.2M29.2M323.3K
Total Stockholder Equity64.4M151.5M326.9M631.8M778.1M(215.8K)
Net Debt15.0M(34.0M)(31.4M)(44.3M)(87.5M)(107.2K)
Retained Earnings(276.8M)(291.6M)(286.4M)(289.7M)(318.9M)(2.2M)
Accounts Payable1.9M1.3M2.0M5.6M15.0M306.5K
Cash5.1M44.3M32.5M45.6M87.5M107.2K
Cash And Short Term Investments5.1M44.3M32.5M45.6M156.3M107.2K
Common Stock Shares Outstanding183.0M210.3M271.0M364.8M397.3M26.3M
Liabilities And Stockholders Equity91.4M169.5M354.2M737.6M889.8M107.5K
Other Current Assets1.2M1.6M3.1M3.4M3.1M19.8K
Other Stockholder Equity341.2M442.0M613.2M924.7M1.1B15.7M
Total Liab27.0M18.1M27.3M105.8M111.7M323.3K
Total Current Assets6.6M75.0M102.2M55.2M235.2M107.5K
Common Stock184.6K236.8K289K378K410K20.5K
Property Plant And Equipment Net70.7M71.1M202.2M585.3M578.0M205.0K
Non Current Assets Total84.8M94.5M252.1M682.4M654.6M205.0K
Other Assets2.6M2.0M10.9M10.3M(205.0K)(194.8K)
Net Receivables1.1M102.02.9M2.7M2.5M255.1K
Accumulated Other Comprehensive Income(120.2K)493.2K(186K)(3.6M)(13.8M)(650K)
Non Currrent Assets Other2.6M2.6M10.9M10.3M11.2M11.8M
Intangible Assets71.1M63.5M63.7M63.8M73.4M47.5M
Non Current Liabilities Total24.9M4.8M18.8M93.6M82.5M86.6M
Short Long Term Debt Total20.2M10.3M1.2M1.3M2.6M2.5M
Other Liab4.8M4.8M17.9M92.3M106.1M111.4M
Net Tangible Assets64.4M151.5M326.9M631.8M726.6M762.9M
Long Term Debt9.5M19.6M20.2M66.0K59.4K56.4K
Capital Surpluse308.1M336.0M341.1M442.0M508.3M374.0M
Property Plant Equipment70.7M71.1M202.2M585.3M673.1M706.7M

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