Standard Total Assets vs Net Working Capital 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 Total Assets and its Net Working Capital 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.

Total Assets vs Net Working Capital

Total Assets vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Standard Uranium Total Assets account and Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Standard Uranium's Total Assets and Net Working Capital is -0.23. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Working Capital 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 Total Assets and Net Working Capital 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 Assets of Standard Uranium are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Assets i.e., Standard Uranium's Total Assets and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Net Working Capital

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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Additional Tools for Standard Stock Analysis

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