Ucore Free Cash Flow Yield vs Capex To Depreciation Analysis

UCU Stock

CAD 0.69 0.01 1.43%

Ucore Rare financial indicator trend analysis is much more than just breaking down Ucore Rare Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ucore Rare Metals is a good investment. Please check the relationship between Ucore Rare Free Cash Flow Yield and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ucore Rare Metals. 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.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ucore Rare Metals Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Ucore Rare's Free Cash Flow Yield and Capex To Depreciation is 0.32. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Ucore Rare Metals, assuming nothing else is changed. The correlation between historical values of Ucore Rare's Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Ucore Rare Metals are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Ucore Rare's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Ucore Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ucore Rare Metals 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 Ucore Rare Metals. 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.

At this time, Ucore Rare's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 39.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.7 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	5.7M	4.8M	5.5M	3.8M
Depreciation And Amortization	115.0K	96.5K	178.8K	187.8K

Other Operating Expenses Depreciation And Amortization

Ucore Rare fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Total Liab	Total Current Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Retained Earnings	Inventory	Other Current Assets	Short Term Investments	Net Tangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets
Total Assets		0.45	0.48	0.97	0.35	0.56	0.0	0.99	-0.04	0.51	0.12	0.37	0.32	0.27	0.77	-0.13	-0.08	-0.78	-0.13	-0.71	-0.22	0.75	0.74	0.84	-0.69	-0.67
Other Current Liab	0.45		0.96	0.37	0.85	0.94	-0.4	0.45	-0.43	0.79	-0.06	-0.22	0.62	0.95	0.86	0.05	-0.02	-0.78	-0.31	-0.13	-0.15	0.58	0.68	0.61	-0.5	-0.59
Total Current Liabilities	0.48	0.96		0.41	0.8	0.95	-0.32	0.47	-0.36	0.72	-0.01	-0.12	0.5	0.89	0.88	-0.04	-0.02	-0.85	-0.39	-0.16	-0.21	0.55	0.78	0.58	-0.56	-0.67
Total Stockholder Equity	0.97	0.37	0.41		0.26	0.5	0.07	0.96	0.04	0.34	0.17	0.36	0.32	0.19	0.74	-0.19	0.01	-0.74	-0.08	-0.77	-0.18	0.76	0.7	0.77	-0.72	-0.68
Net Debt	0.35	0.85	0.8	0.26		0.8	-0.79	0.4	-0.81	0.71	-0.54	-0.15	0.5	0.78	0.71	-0.16	-0.21	-0.73	-0.54	0.05	-0.1	0.54	0.65	0.62	-0.58	-0.66
Accounts Payable	0.56	0.94	0.95	0.5	0.8		-0.36	0.56	-0.4	0.72	-0.07	0.03	0.43	0.82	0.9	-0.01	0.06	-0.86	-0.38	-0.23	-0.2	0.6	0.78	0.65	-0.56	-0.66
Cash	0.0	-0.4	-0.32	0.07	-0.79	-0.36		-0.1	0.98	-0.37	0.91	0.14	-0.24	-0.39	-0.24	0.2	0.24	0.33	0.45	-0.31	-0.12	-0.27	-0.28	-0.35	0.29	0.33
Non Current Assets Total	0.99	0.45	0.47	0.96	0.4	0.56	-0.1		-0.15	0.52	0.0	0.38	0.31	0.26	0.77	-0.18	-0.13	-0.79	-0.19	-0.66	-0.22	0.76	0.76	0.87	-0.71	-0.7
Cash And Short Term Investments	-0.04	-0.43	-0.36	0.04	-0.81	-0.4	0.98	-0.15		-0.42	0.91	0.13	-0.27	-0.41	-0.28	0.27	0.32	0.38	0.51	-0.33	0.07	-0.34	-0.34	-0.42	0.35	0.39
Total Liab	0.51	0.79	0.72	0.34	0.71	0.72	-0.37	0.52	-0.42		-0.11	0.02	0.45	0.72	0.7	0.17	-0.28	-0.65	-0.19	-0.15	-0.24	0.43	0.52	0.69	-0.34	-0.42
Total Current Assets	0.12	-0.06	-0.01	0.17	-0.54	-0.07	0.91	0.0	0.91	-0.11		-0.02	0.05	-0.01	0.03	0.38	0.38	0.13	0.53	-0.42	0.0	-0.13	-0.15	-0.22	0.23	0.24
Property Plant And Equipment Net	0.37	-0.22	-0.12	0.36	-0.15	0.03	0.14	0.38	0.13	0.02	-0.02		-0.71	-0.41	0.05	0.03	0.1	-0.2	-0.16	-0.49	-0.02	-0.11	0.13	0.13	-0.12	-0.18
Non Currrent Assets Other	0.32	0.62	0.5	0.32	0.5	0.43	-0.24	0.31	-0.27	0.45	0.05	-0.71		0.69	0.55	-0.05	-0.12	-0.38	0.11	-0.07	-0.12	0.66	0.33	0.51	-0.38	-0.32
Net Receivables	0.27	0.95	0.89	0.19	0.78	0.82	-0.39	0.26	-0.41	0.72	-0.01	-0.41	0.69		0.71	0.18	0.06	-0.61	-0.16	-0.05	-0.09	0.46	0.5	0.44	-0.32	-0.41
Common Stock Shares Outstanding	0.77	0.86	0.88	0.74	0.71	0.9	-0.24	0.77	-0.28	0.7	0.03	0.05	0.55	0.71		-0.14	-0.05	-0.94	-0.3	-0.45	-0.2	0.75	0.86	0.78	-0.74	-0.78
Non Current Liabilities Total	-0.13	0.05	-0.04	-0.19	-0.16	-0.01	0.2	-0.18	0.27	0.17	0.38	0.03	-0.05	0.18	-0.14		0.7	0.31	0.75	-0.33	0.33	-0.47	-0.49	-0.36	0.69	0.62
Other Stockholder Equity	-0.08	-0.02	-0.02	0.01	-0.21	0.06	0.24	-0.13	0.32	-0.28	0.38	0.1	-0.12	0.06	-0.05	0.7		0.18	0.6	-0.46	0.41	-0.3	-0.3	-0.43	0.43	0.39
Retained Earnings	-0.78	-0.78	-0.85	-0.74	-0.73	-0.86	0.33	-0.79	0.38	-0.65	0.13	-0.2	-0.38	-0.61	-0.94	0.31	0.18		0.5	0.39	0.23	-0.75	-0.95	-0.81	0.84	0.9
Inventory	-0.13	-0.31	-0.39	-0.08	-0.54	-0.38	0.45	-0.19	0.51	-0.19	0.53	-0.16	0.11	-0.16	-0.3	0.75	0.6	0.5		-0.38	0.32	-0.35	-0.62	-0.4	0.65	0.7
Other Current Assets	-0.71	-0.13	-0.16	-0.77	0.05	-0.23	-0.31	-0.66	-0.33	-0.15	-0.42	-0.49	-0.07	-0.05	-0.45	-0.33	-0.46	0.39	-0.38		-0.12	-0.27	-0.23	-0.3	0.26	0.25
Short Term Investments	-0.22	-0.15	-0.21	-0.18	-0.1	-0.2	-0.12	-0.22	0.07	-0.24	0.0	-0.02	-0.12	-0.09	-0.2	0.33	0.41	0.23	0.32	-0.12		-0.36	-0.31	-0.4	0.33	0.32
Net Tangible Assets	0.75	0.58	0.55	0.76	0.54	0.6	-0.27	0.76	-0.34	0.43	-0.13	-0.11	0.66	0.46	0.75	-0.47	-0.3	-0.75	-0.35	-0.27	-0.36		0.76	0.9	-0.83	-0.77
Common Stock	0.74	0.68	0.78	0.7	0.65	0.78	-0.28	0.76	-0.34	0.52	-0.15	0.13	0.33	0.5	0.86	-0.49	-0.3	-0.95	-0.62	-0.23	-0.31	0.76		0.78	-0.86	-0.91
Property Plant Equipment	0.84	0.61	0.58	0.77	0.62	0.65	-0.35	0.87	-0.42	0.69	-0.22	0.13	0.51	0.44	0.78	-0.36	-0.43	-0.81	-0.4	-0.3	-0.4	0.9	0.78		-0.79	-0.78
Other Liab	-0.69	-0.5	-0.56	-0.72	-0.58	-0.56	0.29	-0.71	0.35	-0.34	0.23	-0.12	-0.38	-0.32	-0.74	0.69	0.43	0.84	0.65	0.26	0.33	-0.83	-0.86	-0.79		0.98
Other Assets	-0.67	-0.59	-0.67	-0.68	-0.66	-0.66	0.33	-0.7	0.39	-0.42	0.24	-0.18	-0.32	-0.41	-0.78	0.62	0.39	0.9	0.7	0.25	0.32	-0.77	-0.91	-0.78	0.98

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Ucore Rare Account Relationship Matchups

Ucore Rare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	40.5M	46.7M	49.4M	53.2M	60.6M	38.2M
Other Current Liab	493.9K	742.6K	902.8K	1.5M	3.0M	3.2M
Total Current Liabilities	1.7M	2.0M	2.1M	2.8M	4.5M	4.7M
Total Stockholder Equity	38.8M	41.4M	46.0M	48.2M	49.1M	35.0M
Net Debt	(1.6M)	3.5M	(817.9K)	1.3M	8.3M	8.7M
Accounts Payable	493.9K	742.6K	902.8K	1.5M	1.7M	1.8M
Cash	2.8M	1.0M	3.3M	2.3M	248.4K	236.0K
Non Current Assets Total	37.2M	45.3M	45.6M	50.3M	58.1M	34.1M
Cash And Short Term Investments	2.8M	1.0M	3.3M	2.3M	248.4K	236.0K
Liabilities And Stockholders Equity	40.5M	46.7M	49.4M	53.2M	60.6M	38.2M
Total Liab	1.7M	5.3M	3.4M	5.0M	11.5M	12.1M
Total Current Assets	3.3M	1.4M	3.9M	2.9M	2.6M	2.9M
Property Plant And Equipment Net	37.2M	37.1M	37.4M	42.2M	10.9M	10.3M
Non Currrent Assets Other	57.3K	56.2K	56.0K	69.3K	39.1M	41.1M
Net Receivables	278.8K	154.8K	292.7K	433.5K	1.8M	1.9M
Common Stock Shares Outstanding	29.9M	39.5M	48.2M	49.3M	58.6M	61.5M
Non Current Liabilities Total	1.1M	3.3M	1.3M	2.2M	7.1M	7.4M
Other Stockholder Equity	24.6M	25.4M	27.2M	30.7M	28.9M	32.7M
Accumulated Other Comprehensive Income	4.3M	3.8M	3.9M	5.6M	11.8M	12.4M
Retained Earnings	(58.3M)	(63.8M)	(69.3M)	(74.8M)	(82.4M)	(78.3M)
Other Current Assets	228.0K	216.5K	233.3K	235.6K	542.4K	542.7K
Net Tangible Assets	38.8M	33.3M	37.9M	40.1M	46.2M	40.7M
Common Stock	68.3M	76.0M	84.3M	86.7M	90.8M	71.8M
Property Plant Equipment	37.2M	37.1M	37.4M	42.2M	48.5M	41.3M
Other Assets	57.3K	56.2K	56.0K	69.3K	1.0	0.95
Short Long Term Debt Total	1.2M	4.5M	2.5M	3.5M	8.5M	8.9M
Capital Lease Obligations	77.9K	257.3K	178.6K	87.3K	3.1M	3.3M
Net Invested Capital	40.0M	45.7M	48.4M	51.7M	54.5M	51.1M
Net Working Capital	2.7M	(579.4K)	2.9M	98.3K	(4.4M)	(4.2M)
Capital Stock	68.3M	76.0M	84.3M	86.7M	90.8M	85.4M

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