CanAlaska Total Assets vs Property Plant And Equipment Net Analysis

CVV Stock  CAD 0.76  0.01  1.30%   
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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CanAlaska Uranium Total Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CanAlaska Uranium's Total Assets and Property Plant And Equipment Net is 0.42. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of CanAlaska Uranium are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., CanAlaska Uranium's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of CanAlaska Uranium assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CanAlaska Uranium books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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
Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CanAlaska Stock Analysis

When running CanAlaska Uranium's price analysis, check to measure CanAlaska Uranium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CanAlaska Uranium is operating at the current time. Most of CanAlaska Uranium's value examination focuses on studying past and present price action to predict the probability of CanAlaska Uranium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CanAlaska Uranium's price. Additionally, you may evaluate how the addition of CanAlaska Uranium to your portfolios can decrease your overall portfolio volatility.