CanAlaska Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CanAlaska Uranium Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CanAlaska Uranium's Property Plant And Equipment Net and Accounts Payable is 0.51. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of CanAlaska Uranium are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., CanAlaska Uranium's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents CanAlaska Uranium obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CanAlaska Uranium are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Income416K436.8K
Non Recurring537.1K517.4K

CanAlaska Uranium fundamental ratios Correlations

0.830.99-0.960.950.940.820.880.940.840.650.42-0.510.570.35-0.210.590.680.480.590.620.690.930.92-0.490.28
0.830.77-0.810.80.770.620.990.780.730.620.46-0.480.890.39-0.190.560.520.480.560.410.450.790.69-0.310.32
0.990.77-0.960.950.930.810.820.930.810.610.4-0.480.490.33-0.20.570.670.440.570.630.690.910.91-0.480.27
-0.96-0.81-0.96-1.0-0.99-0.88-0.83-0.99-0.79-0.68-0.260.63-0.53-0.170.38-0.71-0.55-0.58-0.68-0.63-0.72-0.91-0.950.56-0.12
0.950.80.95-1.01.00.910.830.990.820.720.27-0.650.520.18-0.390.720.560.620.670.650.760.920.97-0.590.1
0.940.770.93-0.991.00.940.811.00.850.760.26-0.670.490.17-0.430.720.560.660.680.660.820.920.98-0.630.07
0.820.620.81-0.880.910.940.70.940.890.880.14-0.770.330.04-0.580.750.540.80.740.60.910.90.96-0.81-0.11
0.880.990.82-0.830.830.810.70.820.830.710.46-0.530.830.38-0.230.550.60.530.610.440.540.860.75-0.410.29
0.940.780.93-0.990.991.00.940.820.850.770.27-0.680.50.17-0.430.730.560.670.690.660.820.920.98-0.630.07
0.840.730.81-0.790.820.850.890.830.850.90.39-0.60.450.3-0.330.530.750.680.610.570.850.930.89-0.690.1
0.650.620.61-0.680.720.760.880.710.770.90.19-0.80.410.08-0.610.610.470.90.740.420.850.790.8-0.77-0.09
0.420.460.4-0.260.270.260.140.460.270.390.190.260.510.990.540.070.57-0.09-0.220.410.220.270.290.230.83
-0.51-0.48-0.480.63-0.65-0.67-0.77-0.53-0.68-0.6-0.80.26-0.30.380.93-0.630.01-0.95-0.97-0.13-0.61-0.65-0.650.710.3
0.570.890.49-0.530.520.490.330.830.50.450.410.51-0.30.47-0.070.450.270.330.350.210.210.460.38-0.040.39
0.350.390.33-0.170.180.170.040.380.170.30.080.990.380.470.65-0.020.54-0.21-0.340.390.140.180.190.320.83
-0.21-0.19-0.20.38-0.39-0.43-0.58-0.23-0.43-0.33-0.610.540.93-0.070.65-0.550.26-0.85-0.870.08-0.43-0.38-0.40.70.54
0.590.560.57-0.710.720.720.750.550.730.530.610.07-0.630.45-0.02-0.550.30.610.580.280.550.590.68-0.65-0.13
0.680.520.67-0.550.560.560.540.60.560.750.470.570.010.270.540.260.30.060.040.60.520.680.62-0.440.25
0.480.480.44-0.580.620.660.80.530.670.680.9-0.09-0.950.33-0.21-0.850.610.060.880.20.730.630.67-0.7-0.23
0.590.560.57-0.680.670.680.740.610.690.610.74-0.22-0.970.35-0.34-0.870.580.040.880.090.540.70.64-0.65-0.2
0.620.410.63-0.630.650.660.60.440.660.570.420.41-0.130.210.390.080.280.60.20.090.630.530.7-0.320.13
0.690.450.69-0.720.760.820.910.540.820.850.850.22-0.610.210.14-0.430.550.520.730.540.630.770.89-0.71-0.09
0.930.790.91-0.910.920.920.90.860.920.930.790.27-0.650.460.18-0.380.590.680.630.70.530.770.92-0.650.1
0.920.690.91-0.950.970.980.960.750.980.890.80.29-0.650.380.19-0.40.680.620.670.640.70.890.92-0.670.06
-0.49-0.31-0.480.56-0.59-0.63-0.81-0.41-0.63-0.69-0.770.230.71-0.040.320.7-0.65-0.44-0.7-0.65-0.32-0.71-0.65-0.670.51
0.280.320.27-0.120.10.07-0.110.290.070.1-0.090.830.30.390.830.54-0.130.25-0.23-0.20.13-0.090.10.060.51
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CanAlaska Uranium Account Relationship Matchups

CanAlaska Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5M8.3M16.2M15.4M15.9M10.1M
Total Current Liabilities154K322K1.9M2.6M1.2M1.0M
Total Stockholder Equity2.3M8.0M14.1M12.1M14.0M8.5M
Net Debt(1.6M)(7.0M)(13.7M)(10.7M)(10.6M)(10.0M)
Cash1.6M7.0M14.0M11.5M11.3M11.9M
Cash And Short Term Investments1.9M7.7M15.0M13.0M14.1M14.8M
Common Stock Shares Outstanding49.3M64.4M91.5M112.3M136.6M143.4M
Liabilities And Stockholders Equity2.5M8.3M16.2M15.4M15.9M10.1M
Total Liab154K322K2.1M3.3M1.9M1.3M
Total Current Assets2.0M7.8M15.2M13.6M14.4M15.1M
Property Plant And Equipment Net420K482K891K1.7M1.4M1.3M
Retained Earnings(89.8M)(93.5M)(99.7M)(109.0M)(119.2M)(113.2M)
Accounts Payable154K172K830K1.3M543K564.4K
Other Current Assets121K130K200K511K311K247.3K
Common Stock79.6M86.3M96.2M101.9M111.6M85.3M
Other Stockholder Equity437K12.5M15.3M17.6M15.8M23.3M
Short Term Investments254K669K963K1.5M2.8M2.9M
Accumulated Other Comprehensive Income12.5M15.3M17.6M19.1M21.6M11.3M
Net Tangible Assets1.8M2.3M8.0M14.1M16.2M17.0M
Property Plant Equipment394K420K482K891K801.9K457.8K
Net Invested Capital2.3M8.0M14.1M12.1M14.0M7.7M
Net Working Capital1.8M7.5M13.3M11.0M13.2M7.0M
Capital Stock79.6M86.3M96.2M101.9M111.6M101.2M

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