GoviEx Ebit vs Ebitda Analysis
GXU Stock | CAD 0.06 0 4.17% |
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 Ebit and its Ebitda 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.
Ebit vs Ebitda
Ebit vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoviEx Uranium Ebit account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between GoviEx Uranium's Ebit and Ebitda is 1.0. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Ebitda 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 Ebit and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of GoviEx Uranium are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Ebit i.e., GoviEx Uranium's Ebit and Ebitda go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Ebitda
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 |
GoviEx Uranium fundamental ratios Correlations
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GoviEx Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.