GoviEx Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

GXU Stock

CAD 0.07 0.01 7.14%

GoviEx Uranium financial indicator trend analysis is much more than just examining GoviEx Uranium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoviEx Uranium is a good investment. Please check the relationship between GoviEx Uranium Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoviEx 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.

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoviEx Uranium Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between GoviEx Uranium's Common Stock Shares Outstanding and Total Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of GoviEx Uranium, assuming nothing else is changed. The correlation between historical values of GoviEx Uranium's Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of GoviEx Uranium are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., GoviEx Uranium's Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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.

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

Issuance Of Capital Stock is likely to climb to about 22.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	12.6M	14.3M	12.7M	9.4M
Cost Of Revenue	18K	64K	63K	100.4K

Total Operating Expenses Cost Of Revenue

GoviEx Uranium fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		-0.37	-0.41	0.58	0.58	0.87	-0.61	-0.77	0.64	0.65	0.87	0.38	-0.6	0.66	0.18	0.86	-0.5	-0.6	0.56	-0.48	-0.37	0.53	-0.37	-0.5	0.7	0.91
Short Long Term Debt Total	-0.37		0.98	-0.96	-0.96	-0.62	0.95	0.76	-0.14	-0.13	-0.62	-1.0	-0.22	-0.15	-0.08	-0.69	0.17	0.93	-0.97	0.98	1.0	0.29	1.0	0.17	-0.89	-0.59
Total Current Liabilities	-0.41	0.98		-0.94	-0.94	-0.68	0.96	0.83	-0.18	-0.15	-0.68	-0.98	-0.17	-0.18	0.0	-0.73	0.28	0.95	-0.98	0.99	0.98	0.27	0.98	0.28	-0.92	-0.64
Total Stockholder Equity	0.58	-0.96	-0.94		1.0	0.75	-0.98	-0.85	0.31	0.3	0.75	0.96	0.04	0.32	0.17	0.82	-0.31	-0.96	0.98	-0.97	-0.96	-0.08	-0.96	-0.31	0.96	0.75
Net Tangible Assets	0.58	-0.96	-0.94	1.0		0.74	-0.98	-0.84	0.32	0.29	0.74	0.96	0.04	0.31	0.17	0.83	-0.29	-0.95	0.98	-0.97	-0.96	-0.09	-0.96	-0.29	0.96	0.75
Property Plant And Equipment Net	0.87	-0.62	-0.68	0.75	0.74		-0.79	-0.85	0.47	0.33	1.0	0.63	-0.49	0.36	0.22	0.85	-0.42	-0.82	0.76	-0.73	-0.62	0.11	-0.62	-0.42	0.82	0.91
Net Debt	-0.61	0.95	0.96	-0.98	-0.98	-0.79		0.91	-0.31	-0.36	-0.79	-0.96	-0.03	-0.38	-0.07	-0.83	0.39	0.96	-0.99	0.98	0.95	0.04	0.95	0.39	-0.97	-0.76
Retained Earnings	-0.77	0.76	0.83	-0.85	-0.84	-0.85	0.91		-0.51	-0.58	-0.85	-0.78	0.16	-0.61	0.09	-0.89	0.65	0.86	-0.87	0.86	0.76	-0.24	0.76	0.65	-0.94	-0.86
Accounts Payable	0.64	-0.14	-0.18	0.31	0.32	0.47	-0.31	-0.51		0.42	0.47	0.13	-0.27	0.45	0.01	0.67	-0.32	-0.2	0.3	-0.25	-0.14	0.39	-0.14	-0.32	0.48	0.67
Cash	0.65	-0.13	-0.15	0.3	0.29	0.33	-0.36	-0.58	0.42		0.33	0.15	-0.18	1.0	-0.25	0.48	-0.77	-0.23	0.25	-0.22	-0.13	0.89	-0.13	-0.77	0.41	0.48
Non Current Assets Total	0.87	-0.62	-0.68	0.75	0.74	1.0	-0.79	-0.85	0.47	0.33		0.63	-0.49	0.36	0.22	0.85	-0.42	-0.82	0.76	-0.73	-0.62	0.11	-0.62	-0.42	0.82	0.91
Non Currrent Assets Other	0.38	-1.0	-0.98	0.96	0.96	0.63	-0.96	-0.78	0.13	0.15	0.63		0.22	0.17	0.07	0.68	-0.22	-0.93	0.97	-0.98	-1.0	-0.27	-1.0	-0.22	0.9	0.59
Other Assets	-0.6	-0.22	-0.17	0.04	0.04	-0.49	-0.03	0.16	-0.27	-0.18	-0.49	0.22		-0.2	-0.2	-0.34	0.16	0.11	0.04	-0.12	-0.22	-0.33	-0.22	0.16	-0.07	-0.46
Cash And Short Term Investments	0.66	-0.15	-0.18	0.32	0.31	0.36	-0.38	-0.61	0.45	1.0	0.36	0.17	-0.2		-0.25	0.51	-0.78	-0.26	0.28	-0.25	-0.15	0.88	-0.15	-0.78	0.44	0.5
Net Receivables	0.18	-0.08	0.0	0.17	0.17	0.22	-0.07	0.09	0.01	-0.25	0.22	0.07	-0.2	-0.25		0.02	0.15	-0.12	0.06	-0.02	-0.08	-0.09	-0.08	0.15	0.02	0.14
Common Stock Shares Outstanding	0.86	-0.69	-0.73	0.82	0.83	0.85	-0.83	-0.89	0.67	0.48	0.85	0.68	-0.34	0.51	0.02		-0.38	-0.82	0.83	-0.77	-0.69	0.2	-0.69	-0.38	0.93	0.96
Inventory	-0.5	0.17	0.28	-0.31	-0.29	-0.42	0.39	0.65	-0.32	-0.77	-0.42	-0.22	0.16	-0.78	0.15	-0.38		0.3	-0.29	0.32	0.17	-0.66	0.17	1.0	-0.41	-0.48
Other Current Assets	-0.6	0.93	0.95	-0.96	-0.95	-0.82	0.96	0.86	-0.2	-0.23	-0.82	-0.93	0.11	-0.26	-0.12	-0.82	0.3		-0.97	0.96	0.93	0.14	0.93	0.3	-0.94	-0.76
Other Stockholder Equity	0.56	-0.97	-0.98	0.98	0.98	0.76	-0.99	-0.87	0.3	0.25	0.76	0.97	0.04	0.28	0.06	0.83	-0.29	-0.97		-0.99	-0.97	-0.16	-0.97	-0.29	0.97	0.75
Total Liab	-0.48	0.98	0.99	-0.97	-0.97	-0.73	0.98	0.86	-0.25	-0.22	-0.73	-0.98	-0.12	-0.25	-0.02	-0.77	0.32	0.96	-0.99		0.98	0.2	0.98	0.32	-0.95	-0.69
Short Long Term Debt	-0.37	1.0	0.98	-0.96	-0.96	-0.62	0.95	0.76	-0.14	-0.13	-0.62	-1.0	-0.22	-0.15	-0.08	-0.69	0.17	0.93	-0.97	0.98		0.29	1.0	0.17	-0.89	-0.59
Total Current Assets	0.53	0.29	0.27	-0.08	-0.09	0.11	0.04	-0.24	0.39	0.89	0.11	-0.27	-0.33	0.88	-0.09	0.2	-0.66	0.14	-0.16	0.2	0.29		0.29	-0.66	0.04	0.26
Short Term Debt	-0.37	1.0	0.98	-0.96	-0.96	-0.62	0.95	0.76	-0.14	-0.13	-0.62	-1.0	-0.22	-0.15	-0.08	-0.69	0.17	0.93	-0.97	0.98	1.0	0.29		0.17	-0.89	-0.59
Intangible Assets	-0.5	0.17	0.28	-0.31	-0.29	-0.42	0.39	0.65	-0.32	-0.77	-0.42	-0.22	0.16	-0.78	0.15	-0.38	1.0	0.3	-0.29	0.32	0.17	-0.66	0.17		-0.41	-0.48
Common Stock	0.7	-0.89	-0.92	0.96	0.96	0.82	-0.97	-0.94	0.48	0.41	0.82	0.9	-0.07	0.44	0.02	0.93	-0.41	-0.94	0.97	-0.95	-0.89	0.04	-0.89	-0.41		0.85
Property Plant Equipment	0.91	-0.59	-0.64	0.75	0.75	0.91	-0.76	-0.86	0.67	0.48	0.91	0.59	-0.46	0.5	0.14	0.96	-0.48	-0.76	0.75	-0.69	-0.59	0.26	-0.59	-0.48	0.85

Click cells to compare fundamentals

GoviEx Uranium Account Relationship Matchups

GoviEx Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	70.6M	72.4M	80.1M	74.2M	80.8M	77.2M
Total Current Liabilities	684K	600K	7.1M	1.2M	1.3M	1.2M
Total Stockholder Equity	55.1M	55.1M	61.9M	62.7M	69.6M	60.5M
Net Tangible Assets	65.2M	55.1M	55.1M	61.9M	71.2M	57.7M
Property Plant And Equipment Net	69.6M	69.6M	69.7M	69.9M	68.3M	71.2M
Net Debt	(761K)	(2.5M)	(9.6M)	(3.3M)	(11.9M)	(11.3M)
Retained Earnings	(208.1M)	(213.9M)	(224.4M)	(236.2M)	(250.1M)	(262.6M)
Accounts Payable	684K	600K	769K	1.2M	1.4M	711.2K
Cash	761K	2.5M	9.6M	3.3M	11.9M	12.5M
Non Current Assets Total	69.8M	69.8M	69.9M	70.0M	68.5M	71.4M
Cash And Short Term Investments	807K	2.7M	9.6M	4.1M	12.2M	12.8M
Net Receivables	56K	11K	570K	24K	44K	41.8K
Common Stock Shares Outstanding	417.4M	451.6M	536.7M	597.3M	812.7M	408.1M
Liabilities And Stockholders Equity	70.6M	72.4M	80.1M	74.2M	80.8M	77.2M
Other Stockholder Equity	19.9M	20.7M	20.9M	21.7M	23.6M	19.6M
Total Liab	2.8M	5.1M	7.1M	1.2M	1.3M	1.2M
Total Current Assets	877K	2.7M	10.2M	4.2M	12.3M	12.9M
Common Stock	243.3M	248.3M	265.4M	277.2M	296.1M	262.6M
Property Plant Equipment	69.6M	69.6M	69.6M	69.7M	80.1M	70.1M
Short Term Investments	46K	118K	35K	831K	358K	273.0K
Net Invested Capital	55.1M	55.1M	61.9M	62.7M	69.6M	68.7M
Net Working Capital	193K	2.1M	3.1M	3.0M	11.0M	11.6M
Capital Stock	243.3M	248.3M	265.4M	277.2M	296.1M	288.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for GoviEx Stock Analysis

When running GoviEx Uranium's price analysis, check to measure GoviEx 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 GoviEx Uranium is operating at the current time. Most of GoviEx Uranium's value examination focuses on studying past and present price action to predict the probability of GoviEx Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoviEx Uranium's price. Additionally, you may evaluate how the addition of GoviEx Uranium to your portfolios can decrease your overall portfolio volatility.

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