CanAlaska Retained Earnings vs Property Plant Equipment 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 Retained Earnings and its Property Plant Equipment 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.

Retained Earnings vs Property Plant Equipment

Retained Earnings vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CanAlaska Uranium Retained Earnings account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between CanAlaska Uranium's Retained Earnings and Property Plant Equipment is 0.3. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant Equipment 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 Retained Earnings and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of CanAlaska Uranium are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Retained Earnings i.e., CanAlaska Uranium's Retained Earnings and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant Equipment

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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