Denison Financial Statements From 2010 to 2024

DML Stock  CAD 3.16  0.06  1.86%   
Denison Mines financial statements provide useful quarterly and yearly information to potential Denison Mines Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Denison Mines financial statements helps investors assess Denison Mines' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Denison Mines' valuation are summarized below:
Gross Profit
5.3 M
Market Capitalization
2.8 B
Enterprise Value Revenue
692.7581
Revenue
3.9 M
Earnings Share
(0.03)
We have found one hundred twenty available fundamental signals for Denison Mines Corp, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Denison Mines' prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 4th of December 2024, Market Cap is likely to grow to about 1.9 B. Also, Enterprise Value is likely to grow to about 1.7 B

Denison Mines Total Revenue

1.76 Million

Check Denison Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Denison Mines' main balance sheet or income statement drivers, such as Interest Expense of 49.4 K, Selling General Administrative of 10.2 M or Total Revenue of 1.8 M, as well as many indicators such as Price To Sales Ratio of 1.1 K, Dividend Yield of 0.0 or PTB Ratio of 3.3. Denison financial statements analysis is a perfect complement when working with Denison Mines Valuation or Volatility modules.
  
This module can also supplement various Denison Mines Technical models . Check out the analysis of Denison Mines Correlation against competitors.

Denison Mines Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets417.3 M726.6 M374.9 M
Slightly volatile
Other Current LiabilitiesM8.2 M4.7 M
Slightly volatile
Total Current Liabilities14.6 M17.9 M13 M
Slightly volatile
Total Stockholder Equity326 M641.8 M301.7 M
Slightly volatile
Property Plant And Equipment Net289.7 M254.9 M256.5 M
Pretty Stable
Accounts Payable7.5 MM6.4 M
Very volatile
Cash137.6 M131.1 M41.6 M
Slightly volatile
Non Current Assets Total356.6 M578.1 M319.1 M
Slightly volatile
Other Assets0.951.04.9 M
Slightly volatile
Cash And Short Term Investments148.5 M141.5 M49.9 M
Slightly volatile
Net Receivables1.8 M1.9 M4.9 M
Slightly volatile
Common Stock Shares Outstanding896.7 M854 M569.1 M
Slightly volatile
Liabilities And Stockholders Equity411.6 M726.6 M374.6 M
Slightly volatile
Non Current Liabilities Total73 M66.9 M59.7 M
Slightly volatile
Inventory3.4 M3.6 MM
Slightly volatile
Other Current Assets1.4 M1.6 M1.6 M
Slightly volatile
Other Stockholder Equity66.3 M69.8 M139.8 M
Slightly volatile
Total Liabilities87.6 M84.8 M72.7 M
Slightly volatile
Property Plant And Equipment Gross294 M294.3 M263.9 M
Slightly volatile
Total Current Assets156 M148.5 M62.2 M
Slightly volatile
Intangible Assets127 K133.6 K614.5 K
Slightly volatile
Short and Long Term Debt Total396.1 K417 K426.8 K
Slightly volatile
Good Will65.3 M48.5 M57.6 M
Slightly volatile
Common Stock Total Equity1.3 B1.6 B1.2 B
Slightly volatile
Common Stock1.4 B1.7 B1.3 B
Slightly volatile
Other Liabilities66.6 M70.2 M52.5 M
Slightly volatile
Net Tangible Assets285.2 M501.4 M280.5 M
Slightly volatile
Long Term Debt150.9 K143.8 K53.3 K
Slightly volatile
Deferred Long Term Liabilities17.1 M14.8 M19.3 M
Slightly volatile
Long Term Investments325.3 M309.8 M70 M
Slightly volatile
Short and Long Term Debt217.8 K248.4 K177.7 K
Slightly volatile
Property Plant Equipment201.3 M228.2 M252.9 M
Slightly volatile
Capital Surpluse72.5 M80.8 M68.9 M
Pretty Stable
Non Current Liabilities Other668 K1.2 M697.1 K
Slightly volatile
Cash And Equivalents57.8 M55 M20.8 M
Slightly volatile
Net Invested Capital371.9 M641.8 M290.5 M
Slightly volatile
Net Working Capital137.1 M130.6 M49.2 M
Slightly volatile
Capital Stock1.6 B1.7 B1.4 B
Slightly volatile

Denison Mines Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative10.2 M13.8 M9.2 M
Pretty Stable
Total Revenue1.8 M1.9 M17.9 M
Slightly volatile
Other Operating Expenses56.9 M50.8 M45.9 M
Very volatile
Cost Of Revenue3.7 M3.9 M17.3 M
Slightly volatile
Depreciation And Amortization9.1 M9.4 M8.3 M
Slightly volatile
Non Recurring31.7 M37.8 M44.3 M
Slightly volatile
Minority Interest2.5 M2.8 MM
Slightly volatile
Interest Income4.4 M4.2 M988.7 K
Slightly volatile
Selling And Marketing Expenses161.7 K154 K39.9 K
Slightly volatile
Reconciled Depreciation8.8 M9.4 MM
Slightly volatile

Denison Mines Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow27 M50.9 M31.3 M
Very volatile
Capital Expenditures3.1 M3.2 M5.6 M
Slightly volatile
Total Cash From Financing Activities116.7 M111.2 M43.2 M
Slightly volatile
End Period Cash Flow137.6 M131.1 M41.6 M
Slightly volatile
Stock Based Compensation1.9 M3.7 M1.9 M
Slightly volatile
Issuance Of Capital Stock58.8 M107.9 M27.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.1 K1.1 K184
Slightly volatile
PTB Ratio3.33.06552.1187
Slightly volatile
Days Sales Outstanding350376372
Slightly volatile
Book Value Per Share1.00.75680.6026
Pretty Stable
Average PayablesM5.4 M6.2 M
Pretty Stable
Stock Based Compensation To Revenue2.122.01940.3612
Slightly volatile
PB Ratio3.33.06552.1187
Slightly volatile
EV To SalesK990172
Slightly volatile
Inventory Turnover1.031.08883.7276
Pretty Stable
Days Of Inventory On Hand3183351.2 K
Slightly volatile
Payables Turnover0.740.77392.4621
Slightly volatile
Sales General And Administrative To Revenue7.797.41781.5272
Slightly volatile
Average Inventory3.8 M4.1 M7.4 M
Slightly volatile
Capex To Revenue1.661.74342.3312
Slightly volatile
Cash Per Share0.130.16680.0896
Pretty Stable
Days Payables Outstanding495472318
Pretty Stable
Current Ratio5.658.27714.3721
Very volatile
Tangible Book Value Per Share0.950.75680.6235
Pretty Stable
Receivables Turnover0.920.96973.6847
Pretty Stable
Graham Number1.691.34711.064
Slightly volatile
Shareholders Equity Per Share1.00.75680.6021
Pretty Stable
Debt To Equity2.0E-42.0E-40.001
Slightly volatile
Capex Per Share0.00360.00380.0261
Slightly volatile
Average Receivables3.9 M4.2 M5.1 M
Slightly volatile
Revenue Per Share0.00210.00220.0378
Slightly volatile
Interest Debt Per Share2.0E-42.0E-40.0022
Pretty Stable
Debt To Assets2.0E-42.0E-47.0E-4
Slightly volatile
Operating Cycle1.2 K7121.6 K
Slightly volatile
Price Book Value Ratio3.33.06552.1187
Slightly volatile
Days Of Payables Outstanding495472318
Pretty Stable
Company Equity Multiplier1.081.13221.2703
Pretty Stable
Long Term Debt To Capitalization1.0E-41.0E-44.0E-4
Slightly volatile
Total Debt To Capitalization2.0E-42.0E-40.001
Slightly volatile
Debt Equity Ratio2.0E-42.0E-40.001
Slightly volatile
Quick Ratio8.488.07764.0558
Slightly volatile
Net Income Per E B T1.521.03851.2077
Pretty Stable
Cash Ratio7.677.30272.9397
Slightly volatile
Days Of Inventory Outstanding3183351.2 K
Slightly volatile
Days Of Sales Outstanding350376372
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.051.10551.5793
Slightly volatile
Price To Book Ratio3.33.06552.1187
Slightly volatile
Fixed Asset Turnover0.00690.00730.0629
Slightly volatile
Debt Ratio2.0E-42.0E-47.0E-4
Slightly volatile
Price Sales Ratio1.1 K1.1 K184
Slightly volatile
Asset Turnover0.00240.00260.046
Slightly volatile
Price Fair Value3.33.06552.1187
Slightly volatile

Denison Mines Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.9 B1.8 B1.3 B
Slightly volatile
Enterprise Value1.7 B1.7 B1.2 B
Slightly volatile

Denison Fundamental Market Drivers

Cash And Short Term Investments141.5 M

About Denison Mines Financial Statements

Denison Mines investors utilize fundamental indicators, such as revenue or net income, to predict how Denison Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue4.5 M4.8 M
Total Revenue1.9 M1.8 M
Cost Of Revenue3.9 M3.7 M
Stock Based Compensation To Revenue 2.02  2.12 
Sales General And Administrative To Revenue 7.42  7.79 
Capex To Revenue 1.74  1.66 
Ebit Per Revenue(26.36)(25.04)

Pair Trading with Denison Mines

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Denison Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Denison Mines will appreciate offsetting losses from the drop in the long position's value.

Moving together with Denison Stock

  0.93ENB-PFV Enbridge Pref 5PairCorr
  0.69ENB-PFU Enbridge Pref LPairCorr
  0.9ENS E Split CorpPairCorr
  0.8ENS-PA E Split CorpPairCorr

Moving against Denison Stock

  0.65SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Denison Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denison Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Denison Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Denison Mines Corp to buy it.
The correlation of Denison Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Denison Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denison Mines Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Denison Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Denison Mines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denison Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denison Mines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denison Mines Corp Stock:
Check out the analysis of Denison Mines Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Please note, there is a significant difference between Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' 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.