GoviEx Stock Based Compensation vs Change In Working Capital Analysis

GXU Stock

CAD 0.06 0.01 7.69%

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 Stock Based Compensation and its Change In Working Capital 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.

Stock Based Compensation vs Change In Working Capital

Stock Based Compensation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoviEx Uranium Stock Based Compensation account and Change In Working Capital. At this time, the significance of the direction appears to have weak relationship.

The correlation between GoviEx Uranium's Stock Based Compensation and Change In Working Capital is 0.37. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital 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 Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of GoviEx Uranium are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., GoviEx Uranium's Stock Based Compensation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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

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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

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