GoviEx Property Plant And Equipment Net vs Non Currrent Assets Other Analysis

GXU Stock  CAD 0.06  0.01  8.33%   
GoviEx Uranium financial indicator trend analysis is much more than just examining GoviEx Uranium latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GoviEx Uranium is a good investment. Please check the relationship between GoviEx Uranium Property Plant And Equipment Net and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoviEx 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.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GoviEx Uranium Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between GoviEx Uranium's Property Plant And Equipment Net and Non Currrent Assets Other is 0.63. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of GoviEx Uranium, assuming nothing else is changed. The correlation between historical values of GoviEx Uranium's Property Plant And Equipment Net and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of GoviEx Uranium are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Net i.e., GoviEx Uranium's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from GoviEx Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GoviEx 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoviEx 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.
Issuance Of Capital Stock is likely to climb to about 22.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses12.6M14.3M12.7M9.4M
Cost Of Revenue18K64K63K100.4K

GoviEx Uranium fundamental ratios Correlations

-0.37-0.410.580.580.87-0.61-0.770.640.650.870.38-0.60.660.180.86-0.5-0.60.56-0.48-0.370.53-0.37-0.50.70.91
-0.370.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.981.00.291.00.17-0.89-0.59
-0.410.98-0.94-0.94-0.680.960.83-0.18-0.15-0.68-0.98-0.17-0.180.0-0.730.280.95-0.980.990.980.270.980.28-0.92-0.64
0.58-0.96-0.941.00.75-0.98-0.850.310.30.750.960.040.320.170.82-0.31-0.960.98-0.97-0.96-0.08-0.96-0.310.960.75
0.58-0.96-0.941.00.74-0.98-0.840.320.290.740.960.040.310.170.83-0.29-0.950.98-0.97-0.96-0.09-0.96-0.290.960.75
0.87-0.62-0.680.750.74-0.79-0.850.470.331.00.63-0.490.360.220.85-0.42-0.820.76-0.73-0.620.11-0.62-0.420.820.91
-0.610.950.96-0.98-0.98-0.790.91-0.31-0.36-0.79-0.96-0.03-0.38-0.07-0.830.390.96-0.990.980.950.040.950.39-0.97-0.76
-0.770.760.83-0.85-0.84-0.850.91-0.51-0.58-0.85-0.780.16-0.610.09-0.890.650.86-0.870.860.76-0.240.760.65-0.94-0.86
0.64-0.14-0.180.310.320.47-0.31-0.510.420.470.13-0.270.450.010.67-0.32-0.20.3-0.25-0.140.39-0.14-0.320.480.67
0.65-0.13-0.150.30.290.33-0.36-0.580.420.330.15-0.181.0-0.250.48-0.77-0.230.25-0.22-0.130.89-0.13-0.770.410.48
0.87-0.62-0.680.750.741.0-0.79-0.850.470.330.63-0.490.360.220.85-0.42-0.820.76-0.73-0.620.11-0.62-0.420.820.91
0.38-1.0-0.980.960.960.63-0.96-0.780.130.150.630.220.170.070.68-0.22-0.930.97-0.98-1.0-0.27-1.0-0.220.90.59
-0.6-0.22-0.170.040.04-0.49-0.030.16-0.27-0.18-0.490.22-0.2-0.2-0.340.160.110.04-0.12-0.22-0.33-0.220.16-0.07-0.46
0.66-0.15-0.180.320.310.36-0.38-0.610.451.00.360.17-0.2-0.250.51-0.78-0.260.28-0.25-0.150.88-0.15-0.780.440.5
0.18-0.080.00.170.170.22-0.070.090.01-0.250.220.07-0.2-0.250.020.15-0.120.06-0.02-0.08-0.09-0.080.150.020.14
0.86-0.69-0.730.820.830.85-0.83-0.890.670.480.850.68-0.340.510.02-0.38-0.820.83-0.77-0.690.2-0.69-0.380.930.96
-0.50.170.28-0.31-0.29-0.420.390.65-0.32-0.77-0.42-0.220.16-0.780.15-0.380.3-0.290.320.17-0.660.171.0-0.41-0.48
-0.60.930.95-0.96-0.95-0.820.960.86-0.2-0.23-0.82-0.930.11-0.26-0.12-0.820.3-0.970.960.930.140.930.3-0.94-0.76
0.56-0.97-0.980.980.980.76-0.99-0.870.30.250.760.970.040.280.060.83-0.29-0.97-0.99-0.97-0.16-0.97-0.290.970.75
-0.480.980.99-0.97-0.97-0.730.980.86-0.25-0.22-0.73-0.98-0.12-0.25-0.02-0.770.320.96-0.990.980.20.980.32-0.95-0.69
-0.371.00.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.980.291.00.17-0.89-0.59
0.530.290.27-0.08-0.090.110.04-0.240.390.890.11-0.27-0.330.88-0.090.2-0.660.14-0.160.20.290.29-0.660.040.26
-0.371.00.98-0.96-0.96-0.620.950.76-0.14-0.13-0.62-1.0-0.22-0.15-0.08-0.690.170.93-0.970.981.00.290.17-0.89-0.59
-0.50.170.28-0.31-0.29-0.420.390.65-0.32-0.77-0.42-0.220.16-0.780.15-0.381.00.3-0.290.320.17-0.660.17-0.41-0.48
0.7-0.89-0.920.960.960.82-0.97-0.940.480.410.820.9-0.070.440.020.93-0.41-0.940.97-0.95-0.890.04-0.89-0.410.85
0.91-0.59-0.640.750.750.91-0.76-0.860.670.480.910.59-0.460.50.140.96-0.48-0.760.75-0.69-0.590.26-0.59-0.480.85
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GoviEx Uranium Account Relationship Matchups

GoviEx Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.6M72.4M80.1M74.2M80.8M77.2M
Total Current Liabilities684K600K7.1M1.2M1.3M1.2M
Total Stockholder Equity55.1M55.1M61.9M62.7M69.6M60.5M
Net Tangible Assets65.2M55.1M55.1M61.9M71.2M57.7M
Property Plant And Equipment Net69.6M69.6M69.7M69.9M68.3M71.2M
Net Debt(761K)(2.5M)(9.6M)(3.3M)(11.9M)(11.3M)
Retained Earnings(208.1M)(213.9M)(224.4M)(236.2M)(250.1M)(262.6M)
Accounts Payable684K600K769K1.2M1.4M711.2K
Cash761K2.5M9.6M3.3M11.9M12.5M
Non Current Assets Total69.8M69.8M69.9M70.0M68.5M71.4M
Cash And Short Term Investments807K2.7M9.6M4.1M12.2M12.8M
Net Receivables56K11K570K24K44K41.8K
Common Stock Shares Outstanding417.4M451.6M536.7M597.3M812.7M408.1M
Liabilities And Stockholders Equity70.6M72.4M80.1M74.2M80.8M77.2M
Other Stockholder Equity19.9M20.7M20.9M21.7M23.6M19.6M
Total Liab2.8M5.1M7.1M1.2M1.3M1.2M
Total Current Assets877K2.7M10.2M4.2M12.3M12.9M
Common Stock243.3M248.3M265.4M277.2M296.1M262.6M
Property Plant Equipment69.6M69.6M69.6M69.7M80.1M70.1M
Short Term Investments46K118K35K831K358K273.0K
Net Invested Capital55.1M55.1M61.9M62.7M69.6M68.7M
Net Working Capital193K2.1M3.1M3.0M11.0M11.6M
Capital Stock243.3M248.3M265.4M277.2M296.1M288.0M

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