Uranium Gross Profit vs Ebit Analysis
UROY Stock | USD 2.62 0.06 2.24% |
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 Gross Profit and its Ebit 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.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Gross Profit account and Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Uranium Royalty's Gross Profit and Ebit is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit 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 Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Uranium Royalty Corp are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Uranium Royalty's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Uranium Royalty Corp minus its cost of goods sold. It is profit before Uranium Royalty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Ebit
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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