Uranium Depreciation And Amortization vs Other Operating Expenses Analysis
UROY Stock | USD 2.55 0.07 2.67% |
Uranium Royalty financial indicator trend analysis is much more than just breaking down Uranium Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Royalty Corp is a good investment. Please check the relationship between Uranium Royalty Depreciation And Amortization and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Depreciation And Amortization vs Other Operating Expenses
Depreciation And Amortization vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Uranium Royalty's Depreciation And Amortization and Other Operating Expenses is -0.74. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Uranium Royalty Corp, assuming nothing else is changed. The correlation between historical values of Uranium Royalty's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Uranium Royalty Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Uranium Royalty's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Uranium Royalty Corp. It is also known as Uranium Royalty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Uranium Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Royalty Corp 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 Uranium Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Uranium Royalty's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 44.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
Uranium Royalty fundamental ratios Correlations
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Uranium Royalty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Uranium Royalty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 70.7M | 76.2M | 178.2M | 185.8M | 278.7M | 292.6M | |
Total Current Liabilities | 399.6K | 506.9K | 486K | 10.3M | 2.8M | 3.4M | |
Total Stockholder Equity | 70.2M | 75.6M | 164.6M | 175.4M | 275.8M | 289.6M | |
Net Tangible Assets | 70.2M | 75.6M | 164.6M | 175.4M | 201.7M | 211.8M | |
Net Debt | (11.8M) | (7.2M) | 8.7M | (4.4M) | (20.9M) | (19.9M) | |
Retained Earnings | (6.8M) | (7.9M) | (12.1M) | (11.9M) | 22.5M | 23.6M | |
Accounts Payable | 399.6K | 506.9K | 469K | 549K | 1.2M | 1.3M | |
Cash | 11.8M | 7.2M | 4.4M | 14.3M | 21.1M | 22.2M | |
Non Current Assets Total | 27.3M | 25.6M | 44.1M | 47.0M | 47.0M | 32.2M | |
Non Currrent Assets Other | (27.3M) | (25.6M) | (44.1M) | (47.0M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 42.3M | 37.3M | 56.2M | 52.6M | 30.2M | 39.5M | |
Common Stock Shares Outstanding | 54.3M | 72.0M | 88.3M | 97.9M | 115.3M | 75.4M | |
Other Stockholder Equity | (60.0M) | (71.5M) | (140.3M) | (155.4M) | (139.9M) | (132.9M) | |
Total Liab | 439.6K | 546.9K | 13.5M | 10.4M | 2.9M | 2.8M | |
Total Current Assets | 43.4M | 50.6M | 134.0M | 138.8M | 231.8M | 243.3M | |
Common Stock | 66.8M | 73.0M | 152.4M | 167.3M | 244.4M | 256.6M | |
Net Receivables | 351.4K | 211.0 | 2.1M | 110K | 13.8M | 14.5M | |
Short Term Investments | 30.5M | 30.0M | 51.8M | 38.3M | 9.1M | 8.7M | |
Liabilities And Stockholders Equity | 70.7M | 76.2M | 178.2M | 185.8M | 278.7M | 152.9M | |
Other Current Assets | 752.3K | 31.0M | 47.7M | 32.7M | 600K | 570K | |
Net Invested Capital | 70.2M | 75.7M | 177.6M | 175.4M | 275.8M | 150.0M | |
Accumulated Other Comprehensive Income | 3.1M | 4.2M | 24.3M | 19.9M | 8.9M | 11.4M | |
Capital Stock | 66.8M | 73.0M | 152.4M | 167.3M | 244.4M | 134.6M | |
Net Working Capital | 43.0M | 50.1M | 133.5M | 128.5M | 229.0M | 240.4M |
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