Fission Total Current Assets vs Property Plant And Equipment Gross Analysis

FCU Stock  CAD 0.78  0.04  4.88%   
Fission Uranium financial indicator trend analysis is much more than just examining Fission Uranium Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fission Uranium Corp is a good investment. Please check the relationship between Fission Uranium Total Current Assets and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fission Uranium Corp. 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 Current Assets vs Property Plant And Equipment Gross

Total Current Assets vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fission Uranium Corp Total Current Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fission Uranium's Total Current Assets and Property Plant And Equipment Gross is 0.6. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Fission Uranium Corp, assuming nothing else is changed. The correlation between historical values of Fission Uranium's Total Current Assets and Property Plant And Equipment Gross 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 Current Assets of Fission Uranium Corp are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Current Assets i.e., Fission Uranium's Total Current Assets and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Gross

Most indicators from Fission Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fission Uranium Corp 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 Fission Uranium Corp. 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.
As of the 11th of December 2024, Enterprise Value is likely to grow to about 476.3 M, while Selling General Administrative is likely to drop about 1.4 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses6.2M9.3M12.3M8.6M
Cost Of Revenue111.7K80.6K98K113.6K

Fission Uranium fundamental ratios Correlations

0.060.131.00.84-0.910.320.99-0.40.950.280.310.990.680.98-0.030.01-0.540.60.60.990.150.210.10.990.88
0.060.860.040.15-0.110.440.060.240.020.070.490.060.020.060.20.360.02-0.02-0.020.0-0.34-0.43-0.290.03-0.06
0.130.860.120.2-0.190.770.120.290.02-0.050.360.110.210.130.20.54-0.170.10.10.08-0.31-0.36-0.240.1-0.05
1.00.040.120.83-0.910.310.99-0.40.950.260.290.990.680.98-0.030.0-0.540.60.60.990.160.220.110.990.88
0.840.150.20.83-0.810.340.85-0.330.810.270.330.850.450.88-0.07-0.2-0.290.340.340.830.01-0.060.180.840.73
-0.91-0.11-0.19-0.91-0.81-0.28-0.910.19-0.9-0.29-0.33-0.91-0.72-0.9-0.02-0.070.55-0.5-0.5-0.91-0.06-0.03-0.05-0.94-0.87
0.320.440.770.310.34-0.280.280.210.19-0.050.190.280.380.310.180.48-0.340.340.340.26-0.17-0.17-0.110.280.12
0.990.060.120.990.85-0.910.28-0.430.940.260.291.00.60.99-0.03-0.05-0.450.510.510.990.170.180.130.990.85
-0.40.240.29-0.4-0.330.190.21-0.43-0.4-0.110.02-0.43-0.12-0.420.010.640.19-0.21-0.21-0.44-0.1-0.15-0.06-0.43-0.37
0.950.020.020.950.81-0.90.190.94-0.40.290.310.940.650.94-0.01-0.18-0.530.60.60.930.130.110.080.960.97
0.280.07-0.050.260.27-0.29-0.050.26-0.110.290.890.260.270.340.21-0.12-0.190.320.320.26-0.25-0.24-0.250.270.28
0.310.490.360.290.33-0.330.190.290.020.310.890.280.320.360.250.09-0.250.360.360.27-0.38-0.38-0.360.290.28
0.990.060.110.990.85-0.910.281.0-0.430.940.260.280.60.99-0.02-0.05-0.450.510.510.990.170.180.120.990.85
0.680.020.210.680.45-0.720.380.6-0.120.650.270.320.60.590.020.31-0.960.890.890.66-0.040.21-0.120.70.73
0.980.060.130.980.88-0.90.310.99-0.420.940.340.360.990.590.01-0.08-0.440.530.530.980.110.10.080.980.85
-0.030.20.2-0.03-0.07-0.020.18-0.030.01-0.010.210.25-0.020.020.010.13-0.120.120.12-0.06-0.62-0.42-0.68-0.010.02
0.010.360.540.0-0.2-0.070.48-0.050.64-0.18-0.120.09-0.050.31-0.080.13-0.250.20.2-0.01-0.130.14-0.25-0.04-0.2
-0.540.02-0.17-0.54-0.290.55-0.34-0.450.19-0.53-0.19-0.25-0.45-0.96-0.44-0.12-0.25-0.93-0.93-0.510.18-0.140.28-0.56-0.65
0.6-0.020.10.60.34-0.50.340.51-0.210.60.320.360.510.890.530.120.2-0.931.00.56-0.170.19-0.280.590.68
0.6-0.020.10.60.34-0.50.340.51-0.210.60.320.360.510.890.530.120.2-0.931.00.56-0.170.19-0.280.590.68
0.990.00.080.990.83-0.910.260.99-0.440.930.260.270.990.660.98-0.06-0.01-0.510.560.560.20.260.140.990.86
0.15-0.34-0.310.160.01-0.06-0.170.17-0.10.13-0.25-0.380.17-0.040.11-0.62-0.130.18-0.17-0.170.20.790.920.140.07
0.21-0.43-0.360.22-0.06-0.03-0.170.18-0.150.11-0.24-0.380.180.210.1-0.420.14-0.140.190.190.260.790.640.180.1
0.1-0.29-0.240.110.18-0.05-0.110.13-0.060.08-0.25-0.360.12-0.120.08-0.68-0.250.28-0.28-0.280.140.920.640.090.03
0.990.030.10.990.84-0.940.280.99-0.430.960.270.290.990.70.98-0.01-0.04-0.560.590.590.990.140.180.090.9
0.88-0.06-0.050.880.73-0.870.120.85-0.370.970.280.280.850.730.850.02-0.2-0.650.680.680.860.070.10.030.9
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Fission Uranium Account Relationship Matchups

Fission Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets322.7M351.6M399.2M403.4M453.4M300.5M
Other Current Liab19.3K729.4K1.6M1.4M544K931.1K
Total Current Liabilities420.3K821.9K1.6M1.5M2.6M2.8M
Total Stockholder Equity322.0M340.9M387.1M401.7M447.8M296.0M
Property Plant And Equipment Net317.2M320.3M342.3M357.7M378.9M240.0M
Retained Earnings(118.4M)(127.4M)(134.2M)(142.9M)(151.8M)(159.4M)
Accounts Payable301.7K712.731.2M923.6K2.0M1.0M
Non Current Assets Total317.7M321.4M344.7M361.1M378.9M263.8M
Net Receivables120.0K107.0K241.8K169.7K262K310.1K
Common Stock Shares Outstanding485.8M486.2M497.6M630.2M730.2M465.7M
Liabilities And Stockholders Equity322.7M351.6M399.2M403.4M453.4M300.5M
Non Current Liabilities Total322.5K9.9M10.5M224.8K3.0M3.0M
Total Liab742.8K10.7M12.1M1.7M5.6M4.5M
Property Plant And Equipment Gross317.2M320.3M343.2M358.6M379.9M258.7M
Total Current Assets5.0M30.2M54.5M42.3M74.6M78.3M
Accumulated Other Comprehensive Income26.7M31.3M36.4M41.1M48.1M27.1M
Non Currrent Assets Other289.4M306.7M317.7M378.4M435.2M254.0M
Other Current Assets52.6K138.3K654.6K802.4K277K290.9K
Net Debt(4.5M)(22.7M)(45.6M)(41.1M)(73.7M)(70.0M)
Cash4.8M29.9M53.6M41.4M74.0M40.0M
Cash And Short Term Investments4.8M29.9M53.6M41.4M74.0M40.0M
Short Term Investments10.2M22.8K160K464.1K144K136.8K
Short Term Debt99.4K92.5K49.5K54.3K89K84.6K
Common Stock413.6M437.0M484.8M503.5M551.6M435.6M
Net Tangible Assets322.0M340.9M387.1M401.8M462.1M359.7M
Other Stockholder Equity26.7M31.3M36.4M41.1M47.3M29.6M
Property Plant Equipment317.2M320.3M342.3M357.7M411.3M298.8M
Other Liab291.2K185.3K2.7M2.6M2.9M1.7M
Long Term Investments1.1M559.7K1.0M2.4M3.4M0.0
Long Term Debt Total137.1K7.1M7.9M224.8K258.5K245.6K
Net Invested Capital322.0M348.0M394.7M401.7M447.8M404.3M
Net Working Capital4.6M29.4M52.9M40.9M71.9M41.0M
Capital Stock413.6M437.0M484.8M503.5M551.6M514.0M

Pair Trading with Fission Uranium

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 Fission Uranium 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 Fission Uranium will appreciate offsetting losses from the drop in the long position's value.

Moving against Fission Stock

  0.43ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Fission Uranium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fission Uranium 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 Fission Uranium - 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 Fission Uranium Corp to buy it.
The correlation of Fission Uranium 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 Fission Uranium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fission Uranium Corp 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 Fission Uranium 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

Other Information on Investing in Fission Stock

Balance Sheet is a snapshot of the financial position of Fission Uranium Corp at a specified time, usually calculated after every quarter, six months, or one year. Fission Uranium Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fission Uranium and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fission currently owns. An asset can also be divided into two categories, current and non-current.