Cameco Short Term Debt vs Net Tangible Assets Analysis

CCJ Stock  USD 60.93  3.32  5.76%   
Cameco Corp financial indicator trend analysis is way more than just evaluating Cameco Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cameco Corp is a good investment. Please check the relationship between Cameco Corp Short Term Debt and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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 main economic indicators.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.

Short Term Debt vs Net Tangible Assets

Short Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cameco Corp Short Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cameco Corp's Short Term Debt and Net Tangible Assets is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Cameco Corp, assuming nothing else is changed. The correlation between historical values of Cameco Corp's Short Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Cameco Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Short Term Debt i.e., Cameco Corp's Short Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Cameco Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cameco 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 Cameco 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 main economic indicators.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.At this time, Cameco Corp's Enterprise Value is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit1.9M233.3M512.5M520.8M
Total Revenue1.5B1.9B2.6B1.7B

Cameco Corp fundamental ratios Correlations

0.880.460.470.990.750.40.940.610.510.960.280.390.480.920.950.560.410.280.980.460.770.190.140.830.65
0.880.430.510.830.760.660.850.550.260.930.250.030.530.780.880.650.080.510.940.260.490.31-0.160.650.46
0.460.430.30.460.290.320.380.00.20.430.340.15-0.180.420.460.550.340.190.440.430.380.310.030.46-0.04
0.470.510.30.40.270.70.330.680.00.510.740.090.440.650.330.11-0.010.060.530.640.240.410.060.680.2
0.990.830.460.40.730.330.940.570.530.940.240.430.40.910.930.560.440.220.940.460.80.160.190.830.63
0.750.760.290.270.730.510.890.470.190.72-0.160.060.620.560.780.710.040.590.750.080.570.21-0.070.530.24
0.40.660.320.70.330.510.40.53-0.430.520.39-0.460.390.420.360.59-0.270.490.480.180.00.4-0.350.4-0.13
0.940.850.380.330.940.890.40.520.420.920.070.260.520.810.910.620.280.390.90.270.70.210.040.730.52
0.610.550.00.680.570.470.530.520.020.60.290.140.590.660.470.270.060.050.620.60.430.090.160.610.3
0.510.260.20.00.530.19-0.430.420.020.40.190.740.120.540.57-0.110.55-0.240.480.420.62-0.030.250.540.78
0.960.930.430.510.940.720.520.920.60.40.340.160.460.90.920.560.260.260.970.40.570.26-0.090.770.58
0.280.250.340.740.24-0.160.390.070.290.190.340.06-0.020.590.22-0.090.25-0.380.310.690.030.33-0.130.630.34
0.390.030.150.090.430.06-0.460.260.140.740.160.060.160.40.31-0.20.59-0.140.30.430.81-0.090.840.480.59
0.480.53-0.180.440.40.620.390.520.590.120.46-0.020.160.440.440.03-0.10.470.530.070.370.30.120.370.36
0.920.780.420.650.910.560.420.810.660.540.90.590.40.440.860.370.470.040.90.680.690.230.120.950.71
0.950.880.460.330.930.780.360.910.470.570.920.220.310.440.860.620.420.320.960.380.720.16-0.020.770.67
0.560.650.550.110.560.710.590.620.27-0.110.56-0.09-0.20.030.370.620.110.540.550.060.370.01-0.190.36-0.06
0.410.080.34-0.010.440.04-0.270.280.060.550.260.250.59-0.10.470.420.11-0.130.330.40.61-0.430.390.490.52
0.280.510.190.060.220.590.490.390.05-0.240.26-0.38-0.140.470.040.320.54-0.130.34-0.410.230.090.02-0.02-0.1
0.980.940.440.530.940.750.480.90.620.480.970.310.30.530.90.960.550.330.340.440.70.230.040.80.64
0.460.260.430.640.460.080.180.270.60.420.40.690.430.070.680.380.060.4-0.410.440.460.20.220.750.38
0.770.490.380.240.80.570.00.70.430.620.570.030.810.370.690.720.370.610.230.70.46-0.030.650.730.6
0.190.310.310.410.160.210.40.210.09-0.030.260.33-0.090.30.230.160.01-0.430.090.230.2-0.03-0.140.220.04
0.14-0.160.030.060.19-0.07-0.350.040.160.25-0.09-0.130.840.120.12-0.02-0.190.390.020.040.220.65-0.140.20.23
0.830.650.460.680.830.530.40.730.610.540.770.630.480.370.950.770.360.49-0.020.80.750.730.220.20.64
0.650.46-0.040.20.630.24-0.130.520.30.780.580.340.590.360.710.67-0.060.52-0.10.640.380.60.040.230.64
Click cells to compare fundamentals

Cameco Corp Account Relationship Matchups

Cameco Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.4B7.6B7.5B8.6B9.9B6.2B
Short Long Term Debt Total1.0B1.0B999.0M999.7M1.8B935.2M
Other Current Liab177.0M26.1M200.4M310.9M247.4M259.7M
Total Current Liabilities277.4M303.8M413.7M560.8M1.2B1.2B
Total Stockholder Equity5.0B5.0B4.8B5.8B6.1B3.9B
Property Plant And Equipment Net3.7B3.8B3.6B3.5B3.4B3.5B
Net Debt130.0M267.3M(17.9M)92.3M1.2B1.3B
Retained Earnings2.8B2.7B2.6B2.7B3.0B2.0B
Accounts Payable100.4M137.2M213.4M250.0M388.9M249.7M
Cash866.7M728.2M1.0B904.7M566.8M410.8M
Non Current Assets Total5.6B5.6B5.4B5.3B8.1B4.6B
Non Currrent Assets Other630.1M652.0M577.5M595.5M1.5B1.6B
Cash And Short Term Investments866.7M753.2M1.1B2.0B566.8M538.9M
Net Receivables338.3M231.9M304.3M217.2M423.3M347.1M
Liabilities And Stockholders Equity7.4B7.6B7.5B8.6B9.9B6.2B
Non Current Liabilities Total2.2B2.3B2.3B2.2B2.7B1.7B
Inventory406.3M769.8M504.9M822.6M692.3M622.7M
Other Current Assets195.7M190.1M233.3M239M159.5M134.7M
Other Stockholder Equity234.7M237.4M230.0M224.7M215.7M204.9M
Total Liab2.4B2.6B2.7B2.8B3.8B2.2B
Property Plant And Equipment Gross3.7B3.8B9.2B9.4B9.5B10.0B
Total Current Assets1.8B1.9B2.1B3.3B1.8B1.6B
Accumulated Other Comprehensive Income71.7M115.5M72.8M34.7M(15.3M)(16.0M)
Short Term Debt4.0M26.1M2.7M2.7M504.7M529.9M
Common Stock1.9B1.9B1.9B2.9B2.9B3.1B
Other Liab1.1B1.3B1.2B1.1B1.3B733.3M
Net Tangible Assets4.9B4.9B4.8B5.8B6.7B7.0B
Other Assets1.6B1.6B1.5B984.1M1.1B688.7M
Long Term Debt996.7M995.5M996.3M997M1.3B984.7M
Long Term Investments252.7M219.7M233.2M211.0M3.8B4.0B
Short Long Term Debt499.6M33.1M26.1M499.8M574.8M603.5M
Intangible Assets60.4M55.8M51.2M47.1M43.6M62.1M
Property Plant Equipment3.7B3.8B3.6B3.5B4.0B3.8B
Current Deferred Revenue(4.0M)114.4M(2.7M)(2.7M)24.1M22.9M
Long Term Debt Total1.0B1.0B996.3M997M897.3M948.2M
Capital Surpluse234.7M237.4M230.0M224.7M258.4M249.1M

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When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cameco 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 main economic indicators.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Oil, Gas & Consumable Fuels space 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 Cameco Corp. If investors know Cameco 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 Cameco Corp 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
(0.95)
Dividend Share
0.12
Earnings Share
0.18
Revenue Per Share
6.435
Quarterly Revenue Growth
0.253
The market value of Cameco Corp is measured differently than its book value, which is the value of Cameco that is recorded on the company's balance sheet. Investors also form their own opinion of Cameco Corp's value that differs from its market value or its book value, called intrinsic value, which is Cameco Corp'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 Cameco Corp's market value can be influenced by many factors that don't directly affect Cameco Corp'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 Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp'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.