Standard Retained Earnings vs Total Assets Analysis

STND Stock  CAD 0.06  0.01  10.00%   
Standard Uranium financial indicator trend analysis is much more than just breaking down Standard Uranium prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Standard Uranium is a good investment. Please check the relationship between Standard Uranium Retained Earnings and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard 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 unemployment.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Uranium Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Standard Uranium's Retained Earnings and Total Assets is -0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Standard Uranium, assuming nothing else is changed. The correlation between historical values of Standard Uranium's Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Standard Uranium are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Standard Uranium's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Standard 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 Standard 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.
Most indicators from Standard Uranium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Standard 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Standard 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 unemployment.
Issuance Of Capital Stock is likely to climb to about 4.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 M in 2024.

Standard Uranium fundamental ratios Correlations

0.69-0.690.90.220.220.680.70.750.74-0.020.760.60.860.740.73-0.470.76-0.310.480.79-0.58
0.69-1.00.690.320.511.01.00.940.940.150.930.510.820.940.95-0.160.95-0.720.770.91-0.93
-0.69-1.0-0.69-0.27-0.51-1.0-0.99-0.93-0.94-0.15-0.92-0.46-0.8-0.94-0.950.16-0.940.73-0.82-0.920.93
0.90.69-0.690.380.380.690.690.760.740.140.760.690.90.740.71-0.410.76-0.270.360.71-0.62
0.220.32-0.270.380.650.310.240.480.480.620.450.730.450.480.420.40.410.22-0.140.16-0.25
0.220.51-0.510.380.650.50.440.470.480.910.420.20.270.480.480.660.41-0.340.40.28-0.3
0.681.0-1.00.690.310.51.00.940.940.140.930.510.820.940.95-0.170.95-0.720.770.91-0.93
0.71.0-0.990.690.240.441.00.930.930.070.930.480.820.930.94-0.240.95-0.740.790.92-0.93
0.750.94-0.930.760.480.470.940.931.00.121.00.720.921.00.99-0.231.0-0.440.670.94-0.92
0.740.94-0.940.740.480.480.940.931.00.141.00.70.91.01.0-0.20.99-0.450.690.94-0.92
-0.020.15-0.150.140.620.910.140.070.120.140.060.01-0.050.140.130.840.05-0.090.09-0.10.06
0.760.93-0.920.760.450.420.930.931.01.00.060.730.931.00.99-0.281.0-0.430.660.95-0.93
0.60.51-0.460.690.730.20.510.480.720.70.010.730.850.70.64-0.330.70.17-0.020.53-0.56
0.860.82-0.80.90.450.270.820.820.920.9-0.050.930.850.90.87-0.480.93-0.30.420.85-0.82
0.740.94-0.940.740.480.480.940.931.01.00.141.00.70.91.0-0.20.99-0.450.690.94-0.92
0.730.95-0.950.710.420.480.950.940.991.00.130.990.640.871.0-0.190.99-0.490.750.96-0.93
-0.47-0.160.16-0.410.40.66-0.17-0.24-0.23-0.20.84-0.28-0.33-0.48-0.2-0.19-0.30.02-0.04-0.40.32
0.760.95-0.940.760.410.410.950.951.00.990.051.00.70.930.990.99-0.3-0.490.680.95-0.94
-0.31-0.720.73-0.270.22-0.34-0.72-0.74-0.44-0.45-0.09-0.430.17-0.3-0.45-0.490.02-0.49-0.74-0.520.57
0.480.77-0.820.36-0.140.40.770.790.670.690.090.66-0.020.420.690.75-0.040.68-0.740.81-0.7
0.790.91-0.920.710.160.280.910.920.940.94-0.10.950.530.850.940.96-0.40.95-0.520.81-0.9
-0.58-0.930.93-0.62-0.25-0.3-0.93-0.93-0.92-0.920.06-0.93-0.56-0.82-0.92-0.930.32-0.940.57-0.7-0.9
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Standard Uranium Account Relationship Matchups

Standard Uranium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities411.3K299.0K179.4K803.5K545.8K396.2K
Net Tangible Assets934.4K7.0M11.4M15.9M18.3M19.2M
Retained Earnings(1.3M)(3.4M)(5.7M)(7.6M)(10.0M)(9.5M)
Accounts Payable411.3K206.0K173.1K636.9K291.6K286.3K
Net Receivables28.1K288.1K171.0K154.7K8.3K7.9K
Total Current Assets860.2K2.0M753.2K363.9K1.2M925.7K
Common Stock1.3M8.9M15.3M20.5M23.6M24.7M
Property Plant Equipment485.4K5.0M11.4M17.6M20.3M21.3M
Total Assets960.2K7.5M12.4M18.3M16.0M10.2M
Total Stockholder Equity548.9K7.0M11.4M15.9M15.1M9.3M
Cash777.1K1.5M477.4K28.0K555.9K484.3K
Total Liab411.3K447.0K970.4K2.3M929.8K944.7K
Net Invested Capital548.9K7.0M11.4M15.9M15.1M9.3M
Capital Stock1.3M8.9M15.3M20.5M22.7M12.8M
Net Working Capital448.9K1.7M573.8K(439.6K)605.6K448.0K

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