Cameco Return On Assets from 2010 to 2024

CCJ Stock  USD 59.61  0.22  0.37%   
Cameco Corp Return On Assets yearly trend continues to be relatively stable with very little volatility. Return On Assets may rise above 0.04 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Cameco Corp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.03632423
Current Value
0.0403
Quarterly Volatility
0.02518252
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cameco Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cameco Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 228.7 M, Interest Expense of 96.6 M or Selling General Administrative of 124.6 M, as well as many indicators such as Price To Sales Ratio of 10.08, Dividend Yield of 0.002 or PTB Ratio of 4.28. Cameco financial statements analysis is a perfect complement when working with Cameco Corp Valuation or Volatility modules.
  
Check out the analysis of Cameco Corp Correlation against competitors.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.

Latest Cameco Corp's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Cameco Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Cameco Corp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cameco Corp's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Cameco Return On Assets Regression Statistics

Arithmetic Mean0.02
Geometric Mean0.02
Coefficient Of Variation136.76
Mean Deviation0.02
Median0.02
Standard Deviation0.03
Sample Variance0.0006
Range0.0841
R-Value(0.38)
Mean Square Error0.0006
R-Squared0.15
Significance0.16
Slope(0)
Total Sum of Squares0.01

Cameco Return On Assets History

2024 0.0403
2023 0.0363
2022 0.0104
2021 -0.0137
2020 -0.007017
2019 0.009963
2018 0.0207

About Cameco Corp Financial Statements

Investors use fundamental indicators, such as Cameco Corp's Return On Assets, to determine how well the company is positioned to perform in the future. Although Cameco Corp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Assets 0.04  0.04 

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When determining whether Cameco Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cameco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cameco Corp Stock. Highlighted below are key reports to facilitate an investment decision about Cameco Corp Stock:
Check out the analysis of Cameco Corp Correlation against competitors.
For more information on how to buy Cameco Stock please use our How to buy in Cameco Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 Cameco Corp. If investors know Cameco 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 Cameco Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Dividend Share
0.12
Earnings Share
0.18
Revenue Per Share
6.435
Quarterly Revenue Growth
0.253
The market value of Cameco Corp is measured differently than its book value, which is the value of Cameco that is recorded on the company's balance sheet. Investors also form their own opinion of Cameco Corp's value that differs from its market value or its book value, called intrinsic value, which is Cameco Corp'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 Cameco Corp's market value can be influenced by many factors that don't directly affect Cameco Corp'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 Cameco Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cameco Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cameco Corp'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.