Standard Cash vs Property Plant Equipment Analysis

STND Stock  CAD 0.09  0.01  5.56%   
Standard Uranium financial indicator trend analysis is much more than just breaking down Standard Uranium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Uranium is a good investment. Please check the relationship between Standard Uranium Cash and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard 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 unemployment.

Cash vs Property Plant Equipment

Cash vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Uranium Cash account and Property Plant Equipment. At this time, the significance of the direction appears to have no relationship.
The correlation between Standard Uranium's Cash and Property Plant Equipment is 0.07. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Standard Uranium, assuming nothing else is changed. The correlation between historical values of Standard Uranium's Cash and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Standard Uranium are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash i.e., Standard Uranium's Cash and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Standard Uranium, which is listed under current asset account on Standard Uranium balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Standard Uranium customers. The amounts must be unrestricted with restricted cash listed in a different Standard Uranium account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Property Plant Equipment

Most indicators from Standard Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Standard 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 unemployment.
Issuance Of Capital Stock is likely to climb to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

Standard Uranium fundamental ratios Correlations

0.69-0.690.90.220.220.680.70.750.74-0.020.760.60.860.740.73-0.470.76-0.310.480.79-0.58
0.69-1.00.690.320.511.01.00.940.940.150.930.510.820.940.95-0.160.95-0.720.770.91-0.93
-0.69-1.0-0.69-0.27-0.51-1.0-0.99-0.93-0.94-0.15-0.92-0.46-0.8-0.94-0.950.16-0.940.73-0.82-0.920.93
0.90.69-0.690.380.380.690.690.760.740.140.760.690.90.740.71-0.410.76-0.270.360.71-0.62
0.220.32-0.270.380.650.310.240.480.480.620.450.730.450.480.420.40.410.22-0.140.16-0.25
0.220.51-0.510.380.650.50.440.470.480.910.420.20.270.480.480.660.41-0.340.40.28-0.3
0.681.0-1.00.690.310.51.00.940.940.140.930.510.820.940.95-0.170.95-0.720.770.91-0.93
0.71.0-0.990.690.240.441.00.930.930.070.930.480.820.930.94-0.240.95-0.740.790.92-0.93
0.750.94-0.930.760.480.470.940.931.00.121.00.720.921.00.99-0.231.0-0.440.670.94-0.92
0.740.94-0.940.740.480.480.940.931.00.141.00.70.91.01.0-0.20.99-0.450.690.94-0.92
-0.020.15-0.150.140.620.910.140.070.120.140.060.01-0.050.140.130.840.05-0.090.09-0.10.06
0.760.93-0.920.760.450.420.930.931.01.00.060.730.931.00.99-0.281.0-0.430.660.95-0.93
0.60.51-0.460.690.730.20.510.480.720.70.010.730.850.70.64-0.330.70.17-0.020.53-0.56
0.860.82-0.80.90.450.270.820.820.920.9-0.050.930.850.90.87-0.480.93-0.30.420.85-0.82
0.740.94-0.940.740.480.480.940.931.01.00.141.00.70.91.0-0.20.99-0.450.690.94-0.92
0.730.95-0.950.710.420.480.950.940.991.00.130.990.640.871.0-0.190.99-0.490.750.96-0.93
-0.47-0.160.16-0.410.40.66-0.17-0.24-0.23-0.20.84-0.28-0.33-0.48-0.2-0.19-0.30.02-0.04-0.40.32
0.760.95-0.940.760.410.410.950.951.00.990.051.00.70.930.990.99-0.3-0.490.680.95-0.94
-0.31-0.720.73-0.270.22-0.34-0.72-0.74-0.44-0.45-0.09-0.430.17-0.3-0.45-0.490.02-0.49-0.74-0.520.57
0.480.77-0.820.36-0.140.40.770.790.670.690.090.66-0.020.420.690.75-0.040.68-0.740.81-0.7
0.790.91-0.920.710.160.280.910.920.940.94-0.10.950.530.850.940.96-0.40.95-0.520.81-0.9
-0.58-0.930.93-0.62-0.25-0.3-0.93-0.93-0.92-0.920.06-0.93-0.56-0.82-0.92-0.930.32-0.940.57-0.7-0.9
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Standard Uranium Account Relationship Matchups

Standard Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities411.3K299.0K179.4K803.5K545.8K396.2K
Net Tangible Assets934.4K7.0M11.4M15.9M18.3M19.2M
Retained Earnings(1.3M)(3.4M)(5.7M)(7.6M)(10.0M)(9.5M)
Accounts Payable411.3K206.0K173.1K636.9K291.6K286.3K
Net Receivables28.1K288.1K171.0K154.7K8.3K7.9K
Total Current Assets860.2K2.0M753.2K363.9K1.2M925.7K
Common Stock1.3M8.9M15.3M20.5M23.6M24.7M
Property Plant Equipment485.4K5.0M11.4M17.6M20.3M21.3M
Total Assets960.2K7.5M12.4M18.3M16.0M10.2M
Total Stockholder Equity548.9K7.0M11.4M15.9M15.1M9.3M
Cash777.1K1.5M477.4K28.0K555.9K484.3K
Total Liab411.3K447.0K970.4K2.3M929.8K944.7K
Net Invested Capital548.9K7.0M11.4M15.9M15.1M9.3M
Capital Stock1.3M8.9M15.3M20.5M22.7M12.8M
Net Working Capital448.9K1.7M573.8K(439.6K)605.6K448.0K

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