Uranium Other Current Liab vs Retained Earnings 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 Other Current Liab and its Retained Earnings 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.

Other Current Liab vs Retained Earnings

Other Current Liab vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Other Current Liab account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Uranium Energy's Other Current Liab and Retained Earnings is -0.5. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Retained Earnings 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 Other Current Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Uranium Energy Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Current Liab i.e., Uranium Energy's Other Current Liab and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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