Energy Net Debt vs Total Current Liabilities Analysis
EFR Stock | CAD 9.64 0.16 1.63% |
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 Net Debt and its Total Current Liabilities 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.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energy Fuels Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Energy Fuels' Net Debt and Total Current Liabilities is 0.1. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities 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' Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Energy Fuels are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Energy Fuels' Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Energy Fuels balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Energy Fuels are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 4th 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 Profit | 1.4M | 4.7M | 19.7M | 20.7M | Total Revenue | 3.2M | 12.5M | 37.9M | 25.0M |
Energy Fuels fundamental ratios Correlations
Click cells to compare fundamentals
Energy Fuels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Energy Fuels fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 175.7M | 183.2M | 315.4M | 273.9M | 401.9M | 422.0M | |
Short Long Term Debt Total | 17.9M | 758K | 469K | 1.4M | 1.3M | 1.3M | |
Other Current Liab | 3.5M | 10.9M | 2.8M | 16.5M | 8.8M | 9.2M | |
Total Current Liabilities | 22.6M | 12.3M | 6.1M | 18.6M | 10.4M | 7.1M | |
Total Stockholder Equity | 126.9M | 153.8M | 291.6M | 240.4M | 375.2M | 394.0M | |
Property Plant And Equipment Net | 110.7M | 107.8M | 105.9M | 97.6M | 146.9M | 154.3M | |
Net Debt | 5.1M | (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 Payable | 2.0M | 1.1M | 3.0M | 1.9M | 1.0M | 955.7K | |
Cash | 12.8M | 20.2M | 112.5M | 62.8M | 57.4M | 60.3M | |
Non Current Assets Total | 132.5M | 130.8M | 166.1M | 138.4M | 169.2M | 84.7M | |
Non Currrent Assets Other | 21.2M | 22.2M | 21.7M | 21.5M | 21.0M | 16.2M | |
Other Assets | 21.2M | 22.2M | 21.7M | 19.9M | 22.9M | 24.0M | |
Cash And Short Term Investments | 17.6M | 22.4M | 113.0M | 75.0M | 190.5M | 200.0M | |
Common Stock Shares Outstanding | 95.7M | 120.8M | 154.1M | 157.5M | 160.2M | 168.2M | |
Short Term Investments | 4.8M | 2.2M | 494K | 12.2M | 133.0M | 139.7M | |
Liabilities And Stockholders Equity | 175.7M | 183.2M | 315.4M | 273.9M | 401.9M | 422.0M | |
Non Current Liabilities Total | 22.5M | 13.4M | 13.8M | 10.9M | 12.4M | 16.1M | |
Other Current Assets | 1.5M | 1.3M | 1.6M | 22.3M | 2.5M | 2.3M | |
Other Stockholder Equity | 3.0M | 2.3M | 1.9M | (1.9M) | (1.8M) | (1.7M) | |
Total Liab | 45.1M | 25.7M | 19.9M | 29.5M | 22.7M | 23.2M | |
Property Plant And Equipment Gross | 110.7M | 107.8M | 141.9M | 130.8M | 182.8M | 192.0M | |
Total Current Assets | 43.2M | 52.5M | 149.3M | 135.6M | 232.7M | 244.3M | |
Accumulated Other Comprehensive Income | 3.0M | 2.3M | 1.9M | (1.9M) | (2.2M) | (2.1M) | |
Short Term Debt | 17.2M | 289K | 324K | 59K | 199K | 189.1K | |
Common Stock | 494.0M | 549.3M | 685.9M | 698.5M | 733.5M | 435.4M | |
Net Receivables | 1.3M | 1.2M | 4.0M | 92K | 816K | 1.4M | |
Inventory | 22.8M | 27.6M | 30.8M | 38.2M | 38.9M | 24.1M | |
Common Stock Total Equity | 430.4M | 469.3M | 494.0M | 549.3M | 631.7M | 396.0M | |
Other Liab | 21.7M | 12.9M | 13.7M | 9.6M | 11.0M | 18.1M | |
Net Tangible Assets | 126.9M | 153.8M | 291.6M | 240.4M | 276.5M | 174.3M | |
Long Term Investments | 654K | 779K | 38.5M | 19.3M | 1.4M | 1.3M | |
Property Plant Equipment | 110.7M | 107.8M | 105.9M | 97.6M | 112.2M | 117.8M |
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
0.92 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.66 | ENB-PFU | Enbridge Pref L | PairCorr |
0.93 | ENS | E Split Corp | PairCorr |
0.86 | ENS-PA | E Split Corp | PairCorr |
Moving against Energy Stock
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.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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.