CVV Stock | | | CAD 0.79 0.01 1.25% |
CanAlaska Uranium financial indicator trend analysis is way more than just evaluating CanAlaska Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CanAlaska Uranium is a good investment. Please check the relationship between CanAlaska Uranium Non Current Liabilities Total and its Net Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CanAlaska Uranium. 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.
Non Current Liabilities Total vs Net Debt
Non Current Liabilities Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CanAlaska Uranium Non Current Liabilities Total account and
Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between CanAlaska Uranium's Non Current Liabilities Total and Net Debt is -0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of CanAlaska Uranium, assuming nothing else is changed. The correlation between historical values of CanAlaska Uranium's Non Current Liabilities Total 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 Non Current Liabilities Total of CanAlaska Uranium 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 Non Current Liabilities Total i.e., CanAlaska Uranium's Non Current Liabilities Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
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 CanAlaska Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CanAlaska Uranium 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 CanAlaska Uranium. 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.
Enterprise Value is likely to climb to about 22.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.1
M in 2024.
CanAlaska Uranium fundamental ratios Correlations
Click cells to compare fundamentals
CanAlaska Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CanAlaska Uranium fundamental ratios Accounts
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Additional Tools for CanAlaska Stock Analysis
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measure CanAlaska Uranium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to
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