URG Total Assets vs Net Tangible Assets Analysis

URG Stock  USD 1.33  0.06  4.32%   
Ur Energy financial indicator trend analysis is much more than just breaking down Ur Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ur Energy is a good investment. Please check the relationship between Ur Energy Total Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ur Energy Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ur Energy's Total Assets and Net Tangible Assets is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Ur Energy, assuming nothing else is changed. The correlation between historical values of Ur Energy's Total Assets and Net Tangible Assets 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 Assets of Ur Energy are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Ur Energy's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Ur Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ur Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Ur Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ur Energy 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 Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.At this time, Ur Energy's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Ur Energy's current Enterprise Value is estimated to increase to about 364.7 M, while Selling General Administrative is projected to decrease to roughly 5.2 M.

Ur Energy fundamental ratios Correlations

0.250.670.60.760.76-0.890.420.430.090.420.150.77-0.650.84-0.140.48-0.11-0.140.740.550.50.460.340.90.63
0.25-0.230.40.480.51-0.51-0.290.640.52-0.44-0.60.5-0.520.490.190.3-0.220.14-0.09-0.320.57-0.09-0.60.460.02
0.67-0.230.020.520.44-0.490.480.04-0.130.710.240.4-0.480.39-0.450.160.28-0.30.820.90.090.520.530.410.2
0.60.40.020.190.35-0.570.330.58-0.09-0.360.080.42-0.190.680.60.1-0.130.31-0.07-0.10.64-0.09-0.060.80.51
0.760.480.520.190.94-0.860.00.470.350.32-0.150.86-0.90.75-0.510.66-0.14-0.410.740.490.470.52-0.020.690.43
0.760.510.440.350.94-0.870.030.70.150.150.00.85-0.840.79-0.420.57-0.15-0.340.590.450.690.39-0.060.730.49
-0.89-0.51-0.49-0.57-0.86-0.87-0.26-0.65-0.24-0.190.09-0.910.78-0.880.11-0.550.010.14-0.57-0.44-0.7-0.36-0.08-0.92-0.47
0.42-0.290.480.330.00.03-0.260.14-0.30.350.420.320.150.170.09-0.270.18-0.280.250.430.20.150.770.310.29
0.430.640.040.580.470.7-0.650.14-0.09-0.340.020.6-0.420.590.070.15-0.040.03-0.040.080.99-0.1-0.190.60.2
0.090.52-0.13-0.090.350.15-0.24-0.3-0.090.03-0.810.37-0.340.23-0.080.45-0.01-0.110.2-0.24-0.14-0.17-0.250.17-0.14
0.42-0.440.71-0.360.320.15-0.190.35-0.340.030.310.16-0.16-0.01-0.590.20.01-0.290.830.69-0.290.520.750.040.18
0.15-0.60.240.08-0.150.00.090.420.02-0.810.31-0.20.37-0.14-0.13-0.36-0.060.00.120.410.090.270.59-0.060.5
0.770.50.40.420.860.85-0.910.320.60.370.16-0.2-0.770.79-0.240.57-0.05-0.470.540.360.620.260.10.790.4
-0.65-0.52-0.48-0.19-0.9-0.840.780.15-0.42-0.34-0.160.37-0.77-0.740.39-0.760.140.35-0.62-0.36-0.41-0.450.26-0.65-0.18
0.840.490.390.680.750.79-0.880.170.590.23-0.01-0.140.79-0.74-0.060.59-0.11-0.150.490.260.620.31-0.050.960.48
-0.140.19-0.450.6-0.51-0.420.110.090.07-0.08-0.59-0.13-0.240.39-0.06-0.340.050.68-0.66-0.520.12-0.42-0.250.110.0
0.480.30.160.10.660.57-0.55-0.270.150.450.2-0.360.57-0.760.59-0.34-0.42-0.290.520.060.160.35-0.160.50.14
-0.11-0.220.28-0.13-0.14-0.150.010.18-0.04-0.010.01-0.06-0.050.14-0.110.05-0.420.12-0.070.420.02-0.290.17-0.08-0.28
-0.140.14-0.30.31-0.41-0.340.14-0.280.03-0.11-0.290.0-0.470.35-0.150.68-0.290.12-0.43-0.290.08-0.29-0.23-0.01-0.1
0.74-0.090.82-0.070.740.59-0.570.25-0.040.20.830.120.54-0.620.49-0.660.52-0.07-0.430.74-0.010.650.480.460.37
0.55-0.320.9-0.10.490.45-0.440.430.08-0.240.690.410.36-0.360.26-0.520.060.42-0.290.740.140.540.590.280.26
0.50.570.090.640.470.69-0.70.20.99-0.14-0.290.090.62-0.410.620.120.160.020.08-0.010.14-0.08-0.10.660.25
0.46-0.090.52-0.090.520.39-0.360.15-0.1-0.170.520.270.26-0.450.31-0.420.35-0.29-0.290.650.54-0.080.250.260.4
0.34-0.60.53-0.06-0.02-0.06-0.080.77-0.19-0.250.750.590.10.26-0.05-0.25-0.160.17-0.230.480.59-0.10.250.060.26
0.90.460.410.80.690.73-0.920.310.60.170.04-0.060.79-0.650.960.110.5-0.08-0.010.460.280.660.260.060.53
0.630.020.20.510.430.49-0.470.290.2-0.140.180.50.4-0.180.480.00.14-0.28-0.10.370.260.250.40.260.53
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Ur Energy Account Relationship Matchups

Ur Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.4M81.8M120.8M107.9M128.4M95.4M
Other Current Liab1.8M2.6M2.0M518K2.4M2.5M
Total Current Liabilities2.3M3.6M6.2M6.6M10.0M5.9M
Total Stockholder Equity44.3M34.1M69.4M62.5M74.9M43.6M
Other Liab31.5M31.4M34.2M33.1M38.0M39.9M
Net Tangible Assets44.3M34.1M69.4M62.5M71.9M75.5M
Retained Earnings(165.4M)(180.2M)(203.1M)(220.3M)(250.9M)(238.4M)
Accounts Payable523K396K854K660K1.7M1.1M
Cash7.8M4.3M46.2M33.0M59.7M62.7M
Other Assets14.9M76.7M15.9M8.1M9.4M11.0M
Long Term Debt12.2M12.7M11.1M5.7M6.5M11.1M
Net Receivables31K22K(7.8M)4K77K80.9K
Common Stock Total Equity177.1M185.2M185.8M258.6M297.4M312.3M
Retained Earnings Total Equity(165.4M)(180.2M)(203.1M)(220.3M)(198.2M)(188.3M)
Common Stock Shares Outstanding159.9M164.3M195.7M220.5M260.0M139.7M
Inventory7.4M7.8M7.9M9.9M2.6M3.1M
Other Current Assets(6.5M)814K(5.5M)1.0M1.3M1.4M
Other Stockholder Equity20.3M20.9M20.0M19.8M19.9M25.0M
Total Liab46.1M47.7M51.5M45.4M53.5M35.5M
Total Current Assets8.7M5.1M48.6M43.9M63.7M66.9M
Accumulated Other Comprehensive Income3.7M3.7M4.1M4.3M3.7M1.9M
Short Term Debt12.2M459K1.3M5.4M5.9M3.9M
Intangible Assets28K25K56K79K131K95.0K
Common Stock185.8M189.6M248.3M258.6M302.2M192.5M
Property Plant Equipment74.3M21.9M64.3M55.8M64.2M49.7M
Short Long Term Debt Total24.4M13.2M12.3M11.1M6.5M6.2M
Property Plant And Equipment Net66.8M61.1M56.3M55.8M55.7M61.7M
Net Debt4.5M9.0M(33.8M)(21.9M)(53.2M)(50.5M)
Non Current Assets Total81.7M76.7M72.2M64.0M64.7M70.9M
Non Currrent Assets Other14.9M15.7M15.9M8.1M64.6M67.8M
Cash And Short Term Investments7.8M4.3M46.2M33.0M59.7M62.7M
Liabilities And Stockholders Equity90.4M81.8M120.8M107.9M128.4M100.1M
Non Current Liabilities Total43.8M44.2M45.2M38.8M43.5M37.0M
Property Plant And Equipment Gross66.8M78.5M75.4M76.6M78.8M66.4M
Current Deferred Revenue505K(12.2M)2M2.1M(132.0K)(125.4K)
Long Term Debt Total12.2M12.7M11.1M5.7M5.1M4.9M
Capital Surpluse20.3M20.9M20.0M19.8M22.8M19.6M
Non Current Liabilities Other31.6M31.4M34.2M33.1M38.1M32.4M

Currently Active Assets on Macroaxis

When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ur Energy's future performance. For an informed investment choice regarding URG Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ur Energy. If investors know URG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ur Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
0.056
Quarterly Revenue Growth
0.113
Return On Assets
(0.18)
Return On Equity
(0.34)
The market value of Ur Energy is measured differently than its book value, which is the value of URG that is recorded on the company's balance sheet. Investors also form their own opinion of Ur Energy's value that differs from its market value or its book value, called intrinsic value, which is Ur Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ur Energy's market value can be influenced by many factors that don't directly affect Ur Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.