Standard Roic vs Book Value Per Share 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 Roic and its Book Value Per Share 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.
Roic vs Book Value Per Share
Roic vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Uranium Roic account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Standard Uranium's Roic and Book Value Per Share is -0.04. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Book Value Per Share 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 Roic and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Standard Uranium are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Roic i.e., Standard Uranium's Roic and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.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
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Standard Uranium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Standard Uranium fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 411.3K | 299.0K | 179.4K | 803.5K | 545.8K | 396.2K | |
Net Tangible Assets | 934.4K | 7.0M | 11.4M | 15.9M | 18.3M | 19.2M | |
Retained Earnings | (1.3M) | (3.4M) | (5.7M) | (7.6M) | (10.0M) | (9.5M) | |
Accounts Payable | 411.3K | 206.0K | 173.1K | 636.9K | 291.6K | 286.3K | |
Net Receivables | 28.1K | 288.1K | 171.0K | 154.7K | 8.3K | 7.9K | |
Total Current Assets | 860.2K | 2.0M | 753.2K | 363.9K | 1.2M | 925.7K | |
Common Stock | 1.3M | 8.9M | 15.3M | 20.5M | 23.6M | 24.7M | |
Property Plant Equipment | 485.4K | 5.0M | 11.4M | 17.6M | 20.3M | 21.3M | |
Total Assets | 960.2K | 7.5M | 12.4M | 18.3M | 16.0M | 10.2M | |
Total Stockholder Equity | 548.9K | 7.0M | 11.4M | 15.9M | 15.1M | 9.3M | |
Cash | 777.1K | 1.5M | 477.4K | 28.0K | 555.9K | 484.3K | |
Total Liab | 411.3K | 447.0K | 970.4K | 2.3M | 929.8K | 944.7K | |
Net Invested Capital | 548.9K | 7.0M | 11.4M | 15.9M | 15.1M | 9.3M | |
Capital Stock | 1.3M | 8.9M | 15.3M | 20.5M | 22.7M | 12.8M | |
Net Working Capital | 448.9K | 1.7M | 573.8K | (439.6K) | 605.6K | 448.0K |
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When running Standard Uranium's price analysis, check to measure Standard 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 Standard Uranium is operating at the current time. Most of Standard Uranium's value examination focuses on studying past and present price action to predict the probability of Standard 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 Standard Uranium's price. Additionally, you may evaluate how the addition of Standard Uranium to your portfolios can decrease your overall portfolio volatility.