Energy Capital Expenditures vs Free Cash Flow Analysis

EFR Stock  CAD 8.77  0.30  3.31%   
Energy Fuels financial indicator trend analysis is much more than just examining Energy Fuels latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energy Fuels is a good investment. Please check the relationship between Energy Fuels Capital Expenditures and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Fuels. 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.
To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Fuels Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Energy Fuels' Capital Expenditures and Free Cash Flow is -0.67. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Energy Fuels, assuming nothing else is changed. The correlation between historical values of Energy Fuels' Capital Expenditures 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 Capital Expenditures of Energy Fuels 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 Capital Expenditures i.e., Energy Fuels' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Expenditures

Capital Expenditures are funds used by Energy Fuels to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Energy Fuels operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 Energy Fuels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energy Fuels 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Fuels. 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.
To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.At this time, Energy Fuels' Selling General Administrative is very stable compared to the past year. As of the 13th of December 2024, Tax Provision is likely to grow to about 289.8 K, while Enterprise Value Over EBITDA is likely to drop (40.19).
 2021 2022 2023 2024 (projected)
Gross Profit1.4M4.7M19.7M20.7M
Total Revenue3.2M12.5M37.9M25.0M

Energy Fuels fundamental ratios Correlations

-0.140.530.320.980.84-0.24-0.63-0.62-0.260.740.610.530.620.880.810.740.070.22-0.470.160.960.93-0.080.730.17
-0.14-0.150.31-0.290.310.240.650.050.0-0.460.40.390.11-0.43-0.37-0.30.92-0.14-0.080.870.08-0.390.65-0.150.19
0.53-0.150.420.520.45-0.14-0.4-0.78-0.490.40.30.210.350.460.750.38-0.10.67-0.560.050.540.520.040.73-0.3
0.320.310.420.220.570.10.1-0.47-0.080.030.660.640.36-0.040.28-0.080.350.38-0.330.620.470.090.30.440.32
0.98-0.290.520.220.74-0.29-0.72-0.59-0.240.790.490.410.570.930.830.79-0.10.21-0.42-0.020.90.97-0.170.710.12
0.840.310.450.570.740.01-0.18-0.57-0.190.370.820.760.730.530.560.490.50.08-0.440.610.950.60.170.610.29
-0.240.24-0.140.1-0.290.010.3-0.08-0.03-0.320.080.330.4-0.32-0.07-0.240.28-0.160.090.27-0.13-0.350.43-0.03-0.08
-0.630.65-0.40.1-0.72-0.180.30.540.22-0.96-0.16-0.04-0.28-0.75-0.79-0.420.53-0.280.290.48-0.45-0.750.29-0.670.06
-0.620.05-0.78-0.47-0.59-0.57-0.080.540.64-0.61-0.51-0.39-0.58-0.5-0.89-0.3-0.04-0.430.69-0.19-0.64-0.55-0.26-0.930.34
-0.260.0-0.49-0.08-0.24-0.19-0.030.220.64-0.25-0.07-0.020.02-0.31-0.54-0.27-0.05-0.210.91-0.06-0.25-0.29-0.2-0.460.61
0.74-0.460.40.030.790.37-0.32-0.96-0.61-0.250.360.210.380.760.810.4-0.30.3-0.38-0.240.60.78-0.230.730.02
0.610.40.30.660.490.820.08-0.16-0.51-0.070.360.90.630.20.380.050.570.19-0.350.690.740.310.170.630.4
0.530.390.210.640.410.760.33-0.04-0.39-0.020.210.90.660.10.280.00.610.2-0.270.720.660.230.170.440.46
0.620.110.350.360.570.730.4-0.28-0.580.020.380.630.660.40.540.320.310.13-0.030.380.710.450.170.630.05
0.88-0.430.46-0.040.930.53-0.32-0.75-0.5-0.310.760.20.10.40.810.9-0.30.11-0.39-0.270.740.98-0.160.61-0.07
0.81-0.370.750.280.830.56-0.07-0.79-0.89-0.540.810.380.280.540.810.6-0.240.36-0.62-0.110.730.830.030.9-0.21
0.74-0.30.38-0.080.790.49-0.24-0.42-0.3-0.270.40.050.00.320.90.6-0.23-0.04-0.29-0.210.630.86-0.080.38-0.12
0.070.92-0.10.35-0.10.50.280.53-0.04-0.05-0.30.570.610.31-0.3-0.24-0.23-0.07-0.160.950.28-0.240.42-0.030.26
0.22-0.140.670.380.210.08-0.16-0.28-0.43-0.210.30.190.20.130.110.36-0.04-0.07-0.260.070.190.22-0.160.42-0.21
-0.47-0.08-0.56-0.33-0.42-0.440.090.290.690.91-0.38-0.35-0.27-0.03-0.39-0.62-0.29-0.16-0.26-0.24-0.49-0.41-0.21-0.560.27
0.160.870.050.62-0.020.610.270.48-0.19-0.06-0.240.690.720.38-0.27-0.11-0.210.950.07-0.240.39-0.170.450.110.32
0.960.080.540.470.90.95-0.13-0.45-0.64-0.250.60.740.660.710.740.730.630.280.19-0.490.390.80.040.720.21
0.93-0.390.520.090.970.6-0.35-0.75-0.55-0.290.780.310.230.450.980.830.86-0.240.22-0.41-0.170.8-0.20.660.0
-0.080.650.040.3-0.170.170.430.29-0.26-0.2-0.230.170.170.17-0.160.03-0.080.42-0.16-0.210.450.04-0.20.14-0.1
0.73-0.150.730.440.710.61-0.03-0.67-0.93-0.460.730.630.440.630.610.90.38-0.030.42-0.560.110.720.660.14-0.19
0.170.19-0.30.320.120.29-0.080.060.340.610.020.40.460.05-0.07-0.21-0.120.26-0.210.270.320.210.0-0.1-0.19
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Energy Fuels Account Relationship Matchups

Energy Fuels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets175.7M183.2M315.4M273.9M401.9M422.0M
Short Long Term Debt Total17.9M758K469K1.4M1.3M1.3M
Other Current Liab3.5M10.9M2.8M16.5M8.8M9.2M
Total Current Liabilities22.6M12.3M6.1M18.6M10.4M7.1M
Total Stockholder Equity126.9M153.8M291.6M240.4M375.2M394.0M
Property Plant And Equipment Net110.7M107.8M105.9M97.6M146.9M154.3M
Net Debt5.1M(19.4M)(112.0M)(61.4M)(56.1M)(53.3M)
Retained Earnings(370.0M)(397.8M)(396.3M)(456.1M)(356.3M)(338.4M)
Accounts Payable2.0M1.1M3.0M1.9M1.0M955.7K
Cash12.8M20.2M112.5M62.8M57.4M60.3M
Non Current Assets Total132.5M130.8M166.1M138.4M169.2M84.7M
Non Currrent Assets Other21.2M22.2M21.7M21.5M21.0M16.2M
Other Assets21.2M22.2M21.7M19.9M22.9M24.0M
Cash And Short Term Investments17.6M22.4M113.0M75.0M190.5M200.0M
Common Stock Shares Outstanding95.7M120.8M154.1M157.5M160.2M168.2M
Short Term Investments4.8M2.2M494K12.2M133.0M139.7M
Liabilities And Stockholders Equity175.7M183.2M315.4M273.9M401.9M422.0M
Non Current Liabilities Total22.5M13.4M13.8M10.9M12.4M16.1M
Other Current Assets1.5M1.3M1.6M22.3M2.5M2.3M
Other Stockholder Equity3.0M2.3M1.9M(1.9M)(1.8M)(1.7M)
Total Liab45.1M25.7M19.9M29.5M22.7M23.2M
Property Plant And Equipment Gross110.7M107.8M141.9M130.8M182.8M192.0M
Total Current Assets43.2M52.5M149.3M135.6M232.7M244.3M
Accumulated Other Comprehensive Income3.0M2.3M1.9M(1.9M)(2.2M)(2.1M)
Short Term Debt17.2M289K324K59K199K189.1K
Common Stock494.0M549.3M685.9M698.5M733.5M435.4M
Net Receivables1.3M1.2M4.0M92K816K1.4M
Inventory22.8M27.6M30.8M38.2M38.9M24.1M
Common Stock Total Equity430.4M469.3M494.0M549.3M631.7M396.0M
Other Liab21.7M12.9M13.7M9.6M11.0M18.1M
Net Tangible Assets126.9M153.8M291.6M240.4M276.5M174.3M
Long Term Investments654K779K38.5M19.3M1.4M1.3M
Property Plant Equipment110.7M107.8M105.9M97.6M112.2M117.8M

Pair Trading with Energy Fuels

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 Energy Fuels 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 Energy Fuels will appreciate offsetting losses from the drop in the long position's value.

Moving together with Energy Stock

  0.91ENB-PFV Enbridge Pref 5PairCorr
  0.88ENS E Split CorpPairCorr
  0.86ENS-PA E Split CorpPairCorr

Moving against Energy Stock

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  0.67SLF-PD Sun Life FinancialPairCorr
  0.66SLF-PC Sun Life FinancialPairCorr
  0.61SAGE Sage Potash CorpPairCorr
  0.49SLF-PG Sun Life NonPairCorr
The ability to find closely correlated positions to Energy Fuels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Fuels 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 Energy Fuels - 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 Energy Fuels to buy it.
The correlation of Energy Fuels 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 Energy Fuels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Fuels 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 Energy Fuels 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 Energy Fuels is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Fuels Stock. Highlighted below are key reports to facilitate an investment decision about Energy Fuels Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energy Fuels. 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.
To learn how to invest in Energy Stock, please use our How to Invest in Energy Fuels guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Energy Fuels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Fuels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Fuels' 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.