Standard Total Operating Expenses vs Income Before Tax 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 Total Operating Expenses and its Income Before Tax 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.

Total Operating Expenses vs Income Before Tax

Total Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Uranium Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.

The correlation between Standard Uranium's Total Operating Expenses and Income Before Tax is -0.75. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax 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 Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Standard Uranium are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., Standard Uranium's Total Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Standard Uranium income statement and is an important metric when analyzing Standard Uranium profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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

	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Capital Stock	Net Working Capital	Property Plant And Equipment Net	Other Stockholder Equity	Other Current Liab	Other Liab	Other Assets
Total Current Liabilities		0.69	-0.69	0.9	0.22	0.22	0.68	0.7	0.75	0.74	-0.02	0.76	0.6	0.86	0.74	0.73	-0.47	0.76	-0.31	0.48	0.79	-0.58
Net Tangible Assets	0.69		-1.0	0.69	0.32	0.51	1.0	1.0	0.94	0.94	0.15	0.93	0.51	0.82	0.94	0.95	-0.16	0.95	-0.72	0.77	0.91	-0.93
Retained Earnings	-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	-0.95	0.16	-0.94	0.73	-0.82	-0.92	0.93
Accounts Payable	0.9	0.69	-0.69		0.38	0.38	0.69	0.69	0.76	0.74	0.14	0.76	0.69	0.9	0.74	0.71	-0.41	0.76	-0.27	0.36	0.71	-0.62
Net Receivables	0.22	0.32	-0.27	0.38		0.65	0.31	0.24	0.48	0.48	0.62	0.45	0.73	0.45	0.48	0.42	0.4	0.41	0.22	-0.14	0.16	-0.25
Total Current Assets	0.22	0.51	-0.51	0.38	0.65		0.5	0.44	0.47	0.48	0.91	0.42	0.2	0.27	0.48	0.48	0.66	0.41	-0.34	0.4	0.28	-0.3
Common Stock	0.68	1.0	-1.0	0.69	0.31	0.5		1.0	0.94	0.94	0.14	0.93	0.51	0.82	0.94	0.95	-0.17	0.95	-0.72	0.77	0.91	-0.93
Property Plant Equipment	0.7	1.0	-0.99	0.69	0.24	0.44	1.0		0.93	0.93	0.07	0.93	0.48	0.82	0.93	0.94	-0.24	0.95	-0.74	0.79	0.92	-0.93
Total Assets	0.75	0.94	-0.93	0.76	0.48	0.47	0.94	0.93		1.0	0.12	1.0	0.72	0.92	1.0	0.99	-0.23	1.0	-0.44	0.67	0.94	-0.92
Total Stockholder Equity	0.74	0.94	-0.94	0.74	0.48	0.48	0.94	0.93	1.0		0.14	1.0	0.7	0.9	1.0	1.0	-0.2	0.99	-0.45	0.69	0.94	-0.92
Cash	-0.02	0.15	-0.15	0.14	0.62	0.91	0.14	0.07	0.12	0.14		0.06	0.01	-0.05	0.14	0.13	0.84	0.05	-0.09	0.09	-0.1	0.06
Non Current Assets Total	0.76	0.93	-0.92	0.76	0.45	0.42	0.93	0.93	1.0	1.0	0.06		0.73	0.93	1.0	0.99	-0.28	1.0	-0.43	0.66	0.95	-0.93
Common Stock Shares Outstanding	0.6	0.51	-0.46	0.69	0.73	0.2	0.51	0.48	0.72	0.7	0.01	0.73		0.85	0.7	0.64	-0.33	0.7	0.17	-0.02	0.53	-0.56
Total Liab	0.86	0.82	-0.8	0.9	0.45	0.27	0.82	0.82	0.92	0.9	-0.05	0.93	0.85		0.9	0.87	-0.48	0.93	-0.3	0.42	0.85	-0.82
Net Invested Capital	0.74	0.94	-0.94	0.74	0.48	0.48	0.94	0.93	1.0	1.0	0.14	1.0	0.7	0.9		1.0	-0.2	0.99	-0.45	0.69	0.94	-0.92
Capital Stock	0.73	0.95	-0.95	0.71	0.42	0.48	0.95	0.94	0.99	1.0	0.13	0.99	0.64	0.87	1.0		-0.19	0.99	-0.49	0.75	0.96	-0.93
Net Working Capital	-0.47	-0.16	0.16	-0.41	0.4	0.66	-0.17	-0.24	-0.23	-0.2	0.84	-0.28	-0.33	-0.48	-0.2	-0.19		-0.3	0.02	-0.04	-0.4	0.32
Property Plant And Equipment Net	0.76	0.95	-0.94	0.76	0.41	0.41	0.95	0.95	1.0	0.99	0.05	1.0	0.7	0.93	0.99	0.99	-0.3		-0.49	0.68	0.95	-0.94
Other Stockholder Equity	-0.31	-0.72	0.73	-0.27	0.22	-0.34	-0.72	-0.74	-0.44	-0.45	-0.09	-0.43	0.17	-0.3	-0.45	-0.49	0.02	-0.49		-0.74	-0.52	0.57
Other Current Liab	0.48	0.77	-0.82	0.36	-0.14	0.4	0.77	0.79	0.67	0.69	0.09	0.66	-0.02	0.42	0.69	0.75	-0.04	0.68	-0.74		0.81	-0.7
Other Liab	0.79	0.91	-0.92	0.71	0.16	0.28	0.91	0.92	0.94	0.94	-0.1	0.95	0.53	0.85	0.94	0.96	-0.4	0.95	-0.52	0.81		-0.9
Other Assets	-0.58	-0.93	0.93	-0.62	-0.25	-0.3	-0.93	-0.93	-0.92	-0.92	0.06	-0.93	-0.56	-0.82	-0.92	-0.93	0.32	-0.94	0.57	-0.7	-0.9

Click cells to compare fundamentals

Standard Uranium Account Relationship Matchups

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

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 Standard Stock Analysis

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.

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