CanAlaska Change To Account Receivables vs Free Cash Flow Analysis

CVV Stock

CAD 0.77 0.01 1.32%

CanAlaska Uranium financial indicator trend analysis is way more than just evaluating CanAlaska Uranium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CanAlaska Uranium is a good investment. Please check the relationship between CanAlaska Uranium Change To Account Receivables and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CanAlaska Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Account Receivables vs Free Cash Flow

Change To Account Receivables vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CanAlaska Uranium Change To Account Receivables account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CanAlaska Uranium's Change To Account Receivables and Free Cash Flow is -0.57. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of CanAlaska Uranium, assuming nothing else is changed. The correlation between historical values of CanAlaska Uranium's Change To Account Receivables and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of CanAlaska Uranium are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Account Receivables i.e., CanAlaska Uranium's Change To Account Receivables and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Change To Account Receivables

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from CanAlaska Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CanAlaska Uranium 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CanAlaska Uranium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 22.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.1 M in 2024.

	2023	2024 (projected)
Net Interest Income	416K	436.8K
Non Recurring	537.1K	517.4K

Net Interest Income Non Recurring

CanAlaska Uranium fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Non Current Liabilities Total	Short Long Term Debt Total	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Other Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Short Term Investments	Other Current Liab	Net Tangible Assets	Other Assets	Property Plant Equipment
Total Assets		0.83	0.99	-0.96	0.95	0.94	0.82	0.88	0.94	0.84	0.65	0.42	-0.51	0.57	0.35	-0.21	0.59	0.68	0.48	0.59	0.62	0.69	0.93	0.92	-0.49	0.28
Total Current Liabilities	0.83		0.77	-0.81	0.8	0.77	0.62	0.99	0.78	0.73	0.62	0.46	-0.48	0.89	0.39	-0.19	0.56	0.52	0.48	0.56	0.41	0.45	0.79	0.69	-0.31	0.32
Total Stockholder Equity	0.99	0.77		-0.96	0.95	0.93	0.81	0.82	0.93	0.81	0.61	0.4	-0.48	0.49	0.33	-0.2	0.57	0.67	0.44	0.57	0.63	0.69	0.91	0.91	-0.48	0.27
Net Debt	-0.96	-0.81	-0.96		-1.0	-0.99	-0.88	-0.83	-0.99	-0.79	-0.68	-0.26	0.63	-0.53	-0.17	0.38	-0.71	-0.55	-0.58	-0.68	-0.63	-0.72	-0.91	-0.95	0.56	-0.12
Cash	0.95	0.8	0.95	-1.0		1.0	0.91	0.83	0.99	0.82	0.72	0.27	-0.65	0.52	0.18	-0.39	0.72	0.56	0.62	0.67	0.65	0.76	0.92	0.97	-0.59	0.1
Cash And Short Term Investments	0.94	0.77	0.93	-0.99	1.0		0.94	0.81	1.0	0.85	0.76	0.26	-0.67	0.49	0.17	-0.43	0.72	0.56	0.66	0.68	0.66	0.82	0.92	0.98	-0.63	0.07
Common Stock Shares Outstanding	0.82	0.62	0.81	-0.88	0.91	0.94		0.7	0.94	0.89	0.88	0.14	-0.77	0.33	0.04	-0.58	0.75	0.54	0.8	0.74	0.6	0.91	0.9	0.96	-0.81	-0.11
Total Liab	0.88	0.99	0.82	-0.83	0.83	0.81	0.7		0.82	0.83	0.71	0.46	-0.53	0.83	0.38	-0.23	0.55	0.6	0.53	0.61	0.44	0.54	0.86	0.75	-0.41	0.29
Total Current Assets	0.94	0.78	0.93	-0.99	0.99	1.0	0.94	0.82		0.85	0.77	0.27	-0.68	0.5	0.17	-0.43	0.73	0.56	0.67	0.69	0.66	0.82	0.92	0.98	-0.63	0.07
Non Current Liabilities Total	0.84	0.73	0.81	-0.79	0.82	0.85	0.89	0.83	0.85		0.9	0.39	-0.6	0.45	0.3	-0.33	0.53	0.75	0.68	0.61	0.57	0.85	0.93	0.89	-0.69	0.1
Short Long Term Debt Total	0.65	0.62	0.61	-0.68	0.72	0.76	0.88	0.71	0.77	0.9		0.19	-0.8	0.41	0.08	-0.61	0.61	0.47	0.9	0.74	0.42	0.85	0.79	0.8	-0.77	-0.09
Property Plant And Equipment Net	0.42	0.46	0.4	-0.26	0.27	0.26	0.14	0.46	0.27	0.39	0.19		0.26	0.51	0.99	0.54	0.07	0.57	-0.09	-0.22	0.41	0.22	0.27	0.29	0.23	0.83
Retained Earnings	-0.51	-0.48	-0.48	0.63	-0.65	-0.67	-0.77	-0.53	-0.68	-0.6	-0.8	0.26		-0.3	0.38	0.93	-0.63	0.01	-0.95	-0.97	-0.13	-0.61	-0.65	-0.65	0.71	0.3
Accounts Payable	0.57	0.89	0.49	-0.53	0.52	0.49	0.33	0.83	0.5	0.45	0.41	0.51	-0.3		0.47	-0.07	0.45	0.27	0.33	0.35	0.21	0.21	0.46	0.38	-0.04	0.39
Non Current Assets Total	0.35	0.39	0.33	-0.17	0.18	0.17	0.04	0.38	0.17	0.3	0.08	0.99	0.38	0.47		0.65	-0.02	0.54	-0.21	-0.34	0.39	0.14	0.18	0.19	0.32	0.83
Non Currrent Assets Other	-0.21	-0.19	-0.2	0.38	-0.39	-0.43	-0.58	-0.23	-0.43	-0.33	-0.61	0.54	0.93	-0.07	0.65		-0.55	0.26	-0.85	-0.87	0.08	-0.43	-0.38	-0.4	0.7	0.54
Net Receivables	0.59	0.56	0.57	-0.71	0.72	0.72	0.75	0.55	0.73	0.53	0.61	0.07	-0.63	0.45	-0.02	-0.55		0.3	0.61	0.58	0.28	0.55	0.59	0.68	-0.65	-0.13
Other Current Assets	0.68	0.52	0.67	-0.55	0.56	0.56	0.54	0.6	0.56	0.75	0.47	0.57	0.01	0.27	0.54	0.26	0.3		0.06	0.04	0.6	0.52	0.68	0.62	-0.44	0.25
Short Term Debt	0.48	0.48	0.44	-0.58	0.62	0.66	0.8	0.53	0.67	0.68	0.9	-0.09	-0.95	0.33	-0.21	-0.85	0.61	0.06		0.88	0.2	0.73	0.63	0.67	-0.7	-0.23
Common Stock	0.59	0.56	0.57	-0.68	0.67	0.68	0.74	0.61	0.69	0.61	0.74	-0.22	-0.97	0.35	-0.34	-0.87	0.58	0.04	0.88		0.09	0.54	0.7	0.64	-0.65	-0.2
Other Stockholder Equity	0.62	0.41	0.63	-0.63	0.65	0.66	0.6	0.44	0.66	0.57	0.42	0.41	-0.13	0.21	0.39	0.08	0.28	0.6	0.2	0.09		0.63	0.53	0.7	-0.32	0.13
Short Term Investments	0.69	0.45	0.69	-0.72	0.76	0.82	0.91	0.54	0.82	0.85	0.85	0.22	-0.61	0.21	0.14	-0.43	0.55	0.52	0.73	0.54	0.63		0.77	0.89	-0.71	-0.09
Other Current Liab	0.93	0.79	0.91	-0.91	0.92	0.92	0.9	0.86	0.92	0.93	0.79	0.27	-0.65	0.46	0.18	-0.38	0.59	0.68	0.63	0.7	0.53	0.77		0.92	-0.65	0.1
Net Tangible Assets	0.92	0.69	0.91	-0.95	0.97	0.98	0.96	0.75	0.98	0.89	0.8	0.29	-0.65	0.38	0.19	-0.4	0.68	0.62	0.67	0.64	0.7	0.89	0.92		-0.67	0.06
Other Assets	-0.49	-0.31	-0.48	0.56	-0.59	-0.63	-0.81	-0.41	-0.63	-0.69	-0.77	0.23	0.71	-0.04	0.32	0.7	-0.65	-0.44	-0.7	-0.65	-0.32	-0.71	-0.65	-0.67		0.51
Property Plant Equipment	0.28	0.32	0.27	-0.12	0.1	0.07	-0.11	0.29	0.07	0.1	-0.09	0.83	0.3	0.39	0.83	0.54	-0.13	0.25	-0.23	-0.2	0.13	-0.09	0.1	0.06	0.51

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CanAlaska Uranium Account Relationship Matchups

CanAlaska Uranium fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	8.3M	16.2M	15.4M	15.9M	10.1M
Total Current Liabilities	154K	322K	1.9M	2.6M	1.2M	1.0M
Total Stockholder Equity	2.3M	8.0M	14.1M	12.1M	14.0M	8.5M
Net Debt	(1.6M)	(7.0M)	(13.7M)	(10.7M)	(10.6M)	(10.0M)
Cash	1.6M	7.0M	14.0M	11.5M	11.3M	11.9M
Cash And Short Term Investments	1.9M	7.7M	15.0M	13.0M	14.1M	14.8M
Common Stock Shares Outstanding	49.3M	64.4M	91.5M	112.3M	136.6M	143.4M
Liabilities And Stockholders Equity	2.5M	8.3M	16.2M	15.4M	15.9M	10.1M
Total Liab	154K	322K	2.1M	3.3M	1.9M	1.3M
Total Current Assets	2.0M	7.8M	15.2M	13.6M	14.4M	15.1M
Property Plant And Equipment Net	420K	482K	891K	1.7M	1.4M	1.3M
Retained Earnings	(89.8M)	(93.5M)	(99.7M)	(109.0M)	(119.2M)	(113.2M)
Accounts Payable	154K	172K	830K	1.3M	543K	564.4K
Other Current Assets	121K	130K	200K	511K	311K	247.3K
Common Stock	79.6M	86.3M	96.2M	101.9M	111.6M	85.3M
Other Stockholder Equity	437K	12.5M	15.3M	17.6M	15.8M	23.3M
Short Term Investments	254K	669K	963K	1.5M	2.8M	2.9M
Accumulated Other Comprehensive Income	12.5M	15.3M	17.6M	19.1M	21.6M	11.3M
Net Tangible Assets	1.8M	2.3M	8.0M	14.1M	16.2M	17.0M
Property Plant Equipment	394K	420K	482K	891K	801.9K	457.8K
Net Invested Capital	2.3M	8.0M	14.1M	12.1M	14.0M	7.7M
Net Working Capital	1.8M	7.5M	13.3M	11.0M	13.2M	7.0M
Capital Stock	79.6M	86.3M	96.2M	101.9M	111.6M	101.2M

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