Fission Income Quality vs Roe Analysis

FCU Stock

CAD 0.87 0.01 1.14%

Fission Uranium financial indicator trend analysis is much more than just examining Fission Uranium Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fission Uranium Corp is a good investment. Please check the relationship between Fission Uranium Income Quality and its Roe accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fission Uranium 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.

Income Quality vs Roe

Income Quality vs Roe Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fission Uranium Corp Income Quality account and Roe. At this time, the significance of the direction appears to have weak relationship.

The correlation between Fission Uranium's Income Quality and Roe is 0.36. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Roe in the same time period over historical financial statements of Fission Uranium Corp, assuming nothing else is changed. The correlation between historical values of Fission Uranium's Income Quality and Roe is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Fission Uranium Corp are associated (or correlated) with its Roe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roe has no effect on the direction of Income Quality i.e., Fission Uranium's Income Quality and Roe go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Roe

Most indicators from Fission Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fission Uranium 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fission Uranium 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.

As of the 26th of November 2024, Enterprise Value is likely to grow to about 476.3 M, while Selling General Administrative is likely to drop about 1.4 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	6.2M	9.3M	12.3M	8.6M
Cost Of Revenue	111.7K	80.6K	98K	113.6K

Total Operating Expenses Cost Of Revenue

Fission Uranium fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Other Current Assets	Intangible Assets	Net Debt	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Inventory	Short Term Debt	Common Stock	Net Tangible Assets
Total Assets		0.21	0.13	1.0	0.54	-0.91	0.08	0.99	-0.4	0.95	0.28	0.31	0.99	0.68	0.98	0.6	0.01	-0.54	0.6	0.6	0.99	0.15	0.21	0.1	0.99	0.88
Other Current Liab	0.21		0.89	0.2	0.04	-0.27	0.24	0.21	0.18	0.22	0.03	0.47	0.2	0.19	0.22	0.23	0.28	-0.16	0.15	0.15	0.16	-0.32	-0.45	-0.25	0.2	0.17
Total Current Liabilities	0.13	0.89		0.12	0.01	-0.19	0.53	0.12	0.29	0.02	-0.05	0.36	0.11	0.21	0.13	0.14	0.54	-0.17	0.1	0.1	0.08	-0.31	-0.36	-0.24	0.1	-0.05
Total Stockholder Equity	1.0	0.2	0.12		0.53	-0.91	0.08	0.99	-0.4	0.95	0.26	0.29	0.99	0.68	0.98	0.6	0.0	-0.54	0.6	0.6	0.99	0.16	0.22	0.11	0.99	0.88
Property Plant And Equipment Net	0.54	0.04	0.01	0.53		-0.4	0.39	0.58	-0.26	0.43	0.23	0.22	0.58	-0.03	0.58	0.48	-0.16	0.2	-0.05	-0.05	0.53	0.15	0.12	0.28	0.5	0.26
Retained Earnings	-0.91	-0.27	-0.19	-0.91	-0.4		0.04	-0.91	0.19	-0.9	-0.29	-0.33	-0.91	-0.72	-0.9	-0.57	-0.07	0.55	-0.5	-0.5	-0.91	-0.06	-0.03	-0.05	-0.94	-0.87
Accounts Payable	0.08	0.24	0.53	0.08	0.39	0.04		0.08	0.27	-0.13	-0.05	0.07	0.07	-0.03	0.08	0.24	0.51	0.1	-0.02	-0.03	0.03	-0.01	0.02	0.02	0.01	-0.29
Non Current Assets Total	0.99	0.21	0.12	0.99	0.58	-0.91	0.08		-0.43	0.94	0.26	0.29	1.0	0.6	0.99	0.56	-0.05	-0.45	0.51	0.51	0.99	0.17	0.18	0.13	0.99	0.85
Net Receivables	-0.4	0.18	0.29	-0.4	-0.26	0.19	0.27	-0.43		-0.4	-0.11	0.02	-0.43	-0.12	-0.42	-0.15	0.64	0.19	-0.21	-0.21	-0.44	-0.1	-0.15	-0.06	-0.43	-0.37
Common Stock Shares Outstanding	0.95	0.22	0.02	0.95	0.43	-0.9	-0.13	0.94	-0.4		0.29	0.31	0.94	0.65	0.94	0.61	-0.18	-0.53	0.6	0.6	0.93	0.13	0.11	0.08	0.96	0.97
Non Current Liabilities Total	0.28	0.03	-0.05	0.26	0.23	-0.29	-0.05	0.26	-0.11	0.29		0.89	0.26	0.27	0.34	0.24	-0.12	-0.19	0.32	0.32	0.26	-0.25	-0.24	-0.25	0.27	0.28
Total Liab	0.31	0.47	0.36	0.29	0.22	-0.33	0.07	0.29	0.02	0.31	0.89		0.28	0.32	0.36	0.31	0.09	-0.25	0.36	0.36	0.27	-0.38	-0.38	-0.36	0.29	0.28
Property Plant And Equipment Gross	0.99	0.2	0.11	0.99	0.58	-0.91	0.07	1.0	-0.43	0.94	0.26	0.28		0.6	0.99	0.55	-0.05	-0.45	0.51	0.51	0.99	0.17	0.18	0.12	0.99	0.85
Total Current Assets	0.68	0.19	0.21	0.68	-0.03	-0.72	-0.03	0.6	-0.12	0.65	0.27	0.32	0.6		0.59	0.61	0.31	-0.96	0.89	0.89	0.66	-0.04	0.21	-0.12	0.7	0.73
Non Currrent Assets Other	0.98	0.22	0.13	0.98	0.58	-0.9	0.08	0.99	-0.42	0.94	0.34	0.36	0.99	0.59		0.55	-0.08	-0.44	0.53	0.53	0.98	0.11	0.1	0.08	0.98	0.85
Other Current Assets	0.6	0.23	0.14	0.6	0.48	-0.57	0.24	0.56	-0.15	0.61	0.24	0.31	0.55	0.61	0.55		0.07	-0.57	0.63	0.63	0.53	-0.19	-0.01	-0.16	0.6	0.61
Intangible Assets	0.01	0.28	0.54	0.0	-0.16	-0.07	0.51	-0.05	0.64	-0.18	-0.12	0.09	-0.05	0.31	-0.08	0.07		-0.25	0.2	0.2	-0.01	-0.13	0.14	-0.25	-0.04	-0.2
Net Debt	-0.54	-0.16	-0.17	-0.54	0.2	0.55	0.1	-0.45	0.19	-0.53	-0.19	-0.25	-0.45	-0.96	-0.44	-0.57	-0.25		-0.93	-0.93	-0.51	0.18	-0.15	0.28	-0.56	-0.65
Cash	0.6	0.15	0.1	0.6	-0.05	-0.5	-0.02	0.51	-0.21	0.6	0.32	0.36	0.51	0.89	0.53	0.63	0.2	-0.93		1.0	0.56	-0.17	0.19	-0.28	0.59	0.68
Cash And Short Term Investments	0.6	0.15	0.1	0.6	-0.05	-0.5	-0.03	0.51	-0.21	0.6	0.32	0.36	0.51	0.89	0.53	0.63	0.2	-0.93	1.0		0.56	-0.17	0.19	-0.28	0.59	0.68
Common Stock Total Equity	0.99	0.16	0.08	0.99	0.53	-0.91	0.03	0.99	-0.44	0.93	0.26	0.27	0.99	0.66	0.98	0.53	-0.01	-0.51	0.56	0.56		0.2	0.26	0.14	0.99	0.86
Short Term Investments	0.15	-0.32	-0.31	0.16	0.15	-0.06	-0.01	0.17	-0.1	0.13	-0.25	-0.38	0.17	-0.04	0.11	-0.19	-0.13	0.18	-0.17	-0.17	0.2		0.79	0.92	0.14	0.07
Inventory	0.21	-0.45	-0.36	0.22	0.12	-0.03	0.02	0.18	-0.15	0.11	-0.24	-0.38	0.18	0.21	0.1	-0.01	0.14	-0.15	0.19	0.19	0.26	0.79		0.64	0.18	0.1
Short Term Debt	0.1	-0.25	-0.24	0.11	0.28	-0.05	0.02	0.13	-0.06	0.08	-0.25	-0.36	0.12	-0.12	0.08	-0.16	-0.25	0.28	-0.28	-0.28	0.14	0.92	0.64		0.09	0.03
Common Stock	0.99	0.2	0.1	0.99	0.5	-0.94	0.01	0.99	-0.43	0.96	0.27	0.29	0.99	0.7	0.98	0.6	-0.04	-0.56	0.59	0.59	0.99	0.14	0.18	0.09		0.9
Net Tangible Assets	0.88	0.17	-0.05	0.88	0.26	-0.87	-0.29	0.85	-0.37	0.97	0.28	0.28	0.85	0.73	0.85	0.61	-0.2	-0.65	0.68	0.68	0.86	0.07	0.1	0.03	0.9

Click cells to compare fundamentals

Fission Uranium Account Relationship Matchups

Fission Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	322.7M	351.6M	399.2M	403.4M	453.4M	300.5M
Total Current Liabilities	420.3K	821.9K	1.6M	1.5M	2.6M	2.8M
Total Stockholder Equity	322.0M	340.9M	387.1M	401.7M	447.8M	296.0M
Property Plant And Equipment Net	317.2M	320.3M	342.3M	357.7M	429K	407.6K
Retained Earnings	(118.4M)	(127.4M)	(134.2M)	(142.9M)	(151.8M)	(159.4M)
Accounts Payable	320.9K	712.73	1.2M	923.6K	2.0K	1.9K
Non Current Assets Total	317.7M	321.4M	344.7M	361.1M	378.9M	263.8M
Net Receivables	120.0K	107.0K	241.8K	169.7K	262K	310.1K
Common Stock Shares Outstanding	485.8M	486.2M	497.6M	630.2M	730.2M	465.7M
Liabilities And Stockholders Equity	322.7M	351.6M	399.2M	403.4M	453.4M	300.5M
Non Current Liabilities Total	322.5K	9.9M	10.5M	224.8K	3.0M	3.0M
Total Liab	742.8K	10.7M	12.1M	1.7M	5.6M	4.5M
Property Plant And Equipment Gross	317.2M	320.3M	343.2M	358.6M	379.9M	258.7M
Total Current Assets	5.0M	30.2M	54.5M	42.3M	74.6M	78.3M
Accumulated Other Comprehensive Income	26.7M	31.3M	36.4M	41.1M	48.1M	27.1M
Non Currrent Assets Other	289.4M	306.7M	317.7M	378.4M	435.2M	254.0M
Other Current Assets	75.4K	138.3K	654.6K	802.4K	277K	297.1K
Net Debt	(4.5M)	(22.7M)	(45.6M)	(41.1M)	(73.5M)	(69.8M)
Cash	4.8M	29.9M	53.6M	41.4M	73.9M	40.0M
Cash And Short Term Investments	4.8M	29.9M	53.6M	41.4M	74.0M	40.0M
Short Term Investments	10.2M	22.8K	160K	464.1K	144K	136.8K
Short Term Debt	99.4K	92.5K	49.5K	54.3K	89K	84.6K
Common Stock	413.6M	437.0M	484.8M	503.5M	551.6M	435.6M
Net Tangible Assets	322.0M	340.9M	387.1M	401.8M	462.1M	359.7M
Other Stockholder Equity	26.7M	31.3M	36.4M	41.1M	47.3M	29.6M
Property Plant Equipment	317.2M	320.3M	342.3M	357.7M	411.3M	298.8M
Other Liab	291.2K	185.3K	2.7M	2.6M	2.9M	1.7M
Long Term Investments	1.1M	559.7K	1.0M	2.4M	3.4M	0.0
Long Term Debt Total	137.1K	7.1M	7.9M	224.8K	258.5K	245.6K
Net Invested Capital	322.0M	348.0M	394.7M	401.7M	447.8M	404.3M
Net Working Capital	4.6M	29.4M	52.9M	40.9M	71.9M	41.0M
Capital Stock	413.6M	437.0M	484.8M	503.5M	551.6M	514.0M

Pair Trading with Fission Uranium

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fission Uranium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fission Uranium will appreciate offsetting losses from the drop in the long position's value.

Moving against Fission Stock

0.46

RBA

Ritchie Bros Auctioneers

Pair Corr

The ability to find closely correlated positions to Fission Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fission Uranium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fission Uranium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fission Uranium Corp to buy it.

The correlation of Fission Uranium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fission Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fission Uranium Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fission Uranium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Fission Stock

Balance Sheet is a snapshot of the financial position of Fission Uranium Corp at a specified time, usually calculated after every quarter, six months, or one year. Fission Uranium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fission Uranium and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fission currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Fission Income Quality vs Roe Analysis

Income Quality vs Roe

Income Quality vs Roe Correlation Analysis

Correlation Coefficient

Income Quality

Roe

Fission Uranium fundamental ratios Correlations

Fission Uranium Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fission Uranium fundamental ratios Accounts

Pair Trading with Fission Uranium

Moving against Fission Stock

Other Information on Investing in Fission Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Total Assets

Net Debt	- 0.96	Total Current Assets
Common Stock	- 0.94	Retained Earnings
Cash And Short Term Investments	- 0.93	Net Debt
Cash	- 0.93	Net Debt
Common Stock Total Equity	- 0.91	Retained Earnings
Property Plant And Equipment Gross	- 0.91	Retained Earnings