Fission Net Receivables vs Total Current Liabilities Analysis
FCU Stock | CAD 0.85 0.02 2.41% |
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 Net Receivables and its Total Current Liabilities 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.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fission Uranium Corp Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fission Uranium's Net Receivables and Total Current Liabilities is 0.29. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities 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 Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Fission Uranium Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Fission Uranium's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Fission Uranium balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fission Uranium Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 29th 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 |
Fission Uranium fundamental ratios Correlations
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Fission Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | |
Other Current Liab | 19.3K | 729.4K | 1.6M | 1.4M | 544K | 931.1K | |
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 | 378.9M | 240.0M | |
Retained Earnings | (118.4M) | (127.4M) | (134.2M) | (142.9M) | (151.8M) | (159.4M) | |
Accounts Payable | 301.7K | 712.73 | 1.2M | 923.6K | 2.0M | 1.0M | |
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 | 52.6K | 138.3K | 654.6K | 802.4K | 277K | 290.9K | |
Net Debt | (4.5M) | (22.7M) | (45.6M) | (41.1M) | (73.7M) | (70.0M) | |
Cash | 4.8M | 29.9M | 53.6M | 41.4M | 74.0M | 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.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.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.