CanAlaska Total Stockholder Equity vs Non Currrent Assets Other Analysis

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 Total Stockholder Equity and its Non Currrent Assets Other 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.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CanAlaska Uranium Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CanAlaska Uranium's Total Stockholder Equity and Non Currrent Assets Other is -0.2. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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 Total Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of CanAlaska Uranium are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., CanAlaska Uranium's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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.
 2023 2024 (projected)
Net Interest Income416K436.8K
Non Recurring537.1K517.4K

CanAlaska Uranium fundamental ratios Correlations

0.830.99-0.960.950.940.820.880.940.840.650.42-0.510.570.35-0.210.590.680.480.590.620.690.930.92-0.490.28
0.830.77-0.810.80.770.620.990.780.730.620.46-0.480.890.39-0.190.560.520.480.560.410.450.790.69-0.310.32
0.990.77-0.960.950.930.810.820.930.810.610.4-0.480.490.33-0.20.570.670.440.570.630.690.910.91-0.480.27
-0.96-0.81-0.96-1.0-0.99-0.88-0.83-0.99-0.79-0.68-0.260.63-0.53-0.170.38-0.71-0.55-0.58-0.68-0.63-0.72-0.91-0.950.56-0.12
0.950.80.95-1.01.00.910.830.990.820.720.27-0.650.520.18-0.390.720.560.620.670.650.760.920.97-0.590.1
0.940.770.93-0.991.00.940.811.00.850.760.26-0.670.490.17-0.430.720.560.660.680.660.820.920.98-0.630.07
0.820.620.81-0.880.910.940.70.940.890.880.14-0.770.330.04-0.580.750.540.80.740.60.910.90.96-0.81-0.11
0.880.990.82-0.830.830.810.70.820.830.710.46-0.530.830.38-0.230.550.60.530.610.440.540.860.75-0.410.29
0.940.780.93-0.990.991.00.940.820.850.770.27-0.680.50.17-0.430.730.560.670.690.660.820.920.98-0.630.07
0.840.730.81-0.790.820.850.890.830.850.90.39-0.60.450.3-0.330.530.750.680.610.570.850.930.89-0.690.1
0.650.620.61-0.680.720.760.880.710.770.90.19-0.80.410.08-0.610.610.470.90.740.420.850.790.8-0.77-0.09
0.420.460.4-0.260.270.260.140.460.270.390.190.260.510.990.540.070.57-0.09-0.220.410.220.270.290.230.83
-0.51-0.48-0.480.63-0.65-0.67-0.77-0.53-0.68-0.6-0.80.26-0.30.380.93-0.630.01-0.95-0.97-0.13-0.61-0.65-0.650.710.3
0.570.890.49-0.530.520.490.330.830.50.450.410.51-0.30.47-0.070.450.270.330.350.210.210.460.38-0.040.39
0.350.390.33-0.170.180.170.040.380.170.30.080.990.380.470.65-0.020.54-0.21-0.340.390.140.180.190.320.83
-0.21-0.19-0.20.38-0.39-0.43-0.58-0.23-0.43-0.33-0.610.540.93-0.070.65-0.550.26-0.85-0.870.08-0.43-0.38-0.40.70.54
0.590.560.57-0.710.720.720.750.550.730.530.610.07-0.630.45-0.02-0.550.30.610.580.280.550.590.68-0.65-0.13
0.680.520.67-0.550.560.560.540.60.560.750.470.570.010.270.540.260.30.060.040.60.520.680.62-0.440.25
0.480.480.44-0.580.620.660.80.530.670.680.9-0.09-0.950.33-0.21-0.850.610.060.880.20.730.630.67-0.7-0.23
0.590.560.57-0.680.670.680.740.610.690.610.74-0.22-0.970.35-0.34-0.870.580.040.880.090.540.70.64-0.65-0.2
0.620.410.63-0.630.650.660.60.440.660.570.420.41-0.130.210.390.080.280.60.20.090.630.530.7-0.320.13
0.690.450.69-0.720.760.820.910.540.820.850.850.22-0.610.210.14-0.430.550.520.730.540.630.770.89-0.71-0.09
0.930.790.91-0.910.920.920.90.860.920.930.790.27-0.650.460.18-0.380.590.680.630.70.530.770.92-0.650.1
0.920.690.91-0.950.970.980.960.750.980.890.80.29-0.650.380.19-0.40.680.620.670.640.70.890.92-0.670.06
-0.49-0.31-0.480.56-0.59-0.63-0.81-0.41-0.63-0.69-0.770.230.71-0.040.320.7-0.65-0.44-0.7-0.65-0.32-0.71-0.65-0.670.51
0.280.320.27-0.120.10.07-0.110.290.070.1-0.090.830.30.390.830.54-0.130.25-0.23-0.20.13-0.090.10.060.51
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CanAlaska Uranium Account Relationship Matchups

CanAlaska Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M8.3M16.2M15.4M15.9M10.1M
Total Current Liabilities154K322K1.9M2.6M1.2M1.0M
Total Stockholder Equity2.3M8.0M14.1M12.1M14.0M8.5M
Net Debt(1.6M)(7.0M)(13.7M)(10.7M)(10.6M)(10.0M)
Cash1.6M7.0M14.0M11.5M11.3M11.9M
Cash And Short Term Investments1.9M7.7M15.0M13.0M14.1M14.8M
Common Stock Shares Outstanding49.3M64.4M91.5M112.3M136.6M143.4M
Liabilities And Stockholders Equity2.5M8.3M16.2M15.4M15.9M10.1M
Total Liab154K322K2.1M3.3M1.9M1.3M
Total Current Assets2.0M7.8M15.2M13.6M14.4M15.1M
Property Plant And Equipment Net420K482K891K1.7M1.4M1.3M
Retained Earnings(89.8M)(93.5M)(99.7M)(109.0M)(119.2M)(113.2M)
Accounts Payable154K172K830K1.3M543K564.4K
Other Current Assets121K130K200K511K311K247.3K
Common Stock79.6M86.3M96.2M101.9M111.6M85.3M
Other Stockholder Equity437K12.5M15.3M17.6M15.8M23.3M
Short Term Investments254K669K963K1.5M2.8M2.9M
Accumulated Other Comprehensive Income12.5M15.3M17.6M19.1M21.6M11.3M
Net Tangible Assets1.8M2.3M8.0M14.1M16.2M17.0M
Property Plant Equipment394K420K482K891K801.9K457.8K
Net Invested Capital2.3M8.0M14.1M12.1M14.0M7.7M
Net Working Capital1.8M7.5M13.3M11.0M13.2M7.0M
Capital Stock79.6M86.3M96.2M101.9M111.6M101.2M

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Additional Tools for CanAlaska Stock Analysis

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