URE Ebitda vs Net Income Analysis

URE Stock

CAD 1.77 0.01 0.56%

Ur Energy financial indicator trend analysis is much more than just breaking down Ur Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ur Energy is a good investment. Please check the relationship between Ur Energy Ebitda and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. 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.

To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ur Energy Ebitda account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ur Energy's Ebitda and Net Income is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Ur Energy, assuming nothing else is changed. The correlation between historical values of Ur Energy's Ebitda and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Ur Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., Ur Energy's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ur Energy financial statement analysis. It represents the amount of money remaining after all of Ur Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.At this time, Ur Energy's Issuance Of Capital Stock is very stable compared to the past year. As of the 12th of December 2024, Enterprise Value is likely to grow to about 364.7 M, while Selling General Administrative is likely to drop about 4.8 M.

	2021	2022	2023	2024 (projected)
Total Revenue	16K	19K	17.7M	16.5M
Cost Of Revenue	7M	6.9M	19.4M	17.2M

Total Revenue Cost Of Revenue

Ur Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.2	0.72	0.51	0.44	0.59	0.36	-0.31	-0.88	0.42	0.54	0.62	0.35	0.56	0.44	0.15	0.85	-0.8	0.7	0.39	0.68	0.13	0.69	0.87	0.51	-0.02
Short Long Term Debt Total	0.2		0.05	0.72	-0.65	0.74	0.66	0.79	0.1	0.02	-0.51	0.67	-0.03	0.1	-0.58	0.49	-0.2	-0.54	0.73	0.33	0.03	-0.37	0.77	0.58	-0.49	0.58
Other Current Liab	0.72	0.05		0.19	0.39	0.61	0.48	-0.18	-0.78	0.32	0.28	0.64	0.26	0.47	0.19	0.01	0.66	-0.71	0.47	0.13	0.48	0.04	0.43	0.69	0.22	-0.47
Total Current Liabilities	0.51	0.72	0.19		-0.27	0.63	0.58	0.31	-0.26	0.42	-0.01	0.56	-0.04	0.11	-0.08	0.12	0.21	-0.6	0.68	0.53	0.19	-0.11	0.76	0.68	0.0	0.76
Total Stockholder Equity	0.44	-0.65	0.39	-0.27		-0.28	-0.43	-0.75	-0.47	0.29	0.64	-0.24	0.02	0.05	0.66	-0.16	0.61	0.11	-0.31	-0.03	0.42	0.04	-0.32	0.04	0.64	-0.5
Property Plant And Equipment Net	0.59	0.74	0.61	0.63	-0.28		0.72	0.49	-0.43	0.28	-0.24	0.97	0.21	0.44	-0.35	0.38	0.26	-0.88	0.84	0.37	0.13	-0.14	0.84	0.89	-0.27	0.15
Current Deferred Revenue	0.36	0.66	0.48	0.58	-0.43	0.72		0.47	-0.28	0.09	-0.27	0.71	0.21	0.35	-0.36	-0.07	0.2	-0.73	0.74	0.27	0.28	-0.19	0.76	0.65	-0.32	0.16
Net Debt	-0.31	0.79	-0.18	0.31	-0.75	0.49	0.47		0.53	-0.29	-0.93	0.44	-0.06	-0.04	-0.95	0.35	-0.54	-0.15	0.32	0.09	-0.36	-0.58	0.36	0.15	-0.92	0.36
Retained Earnings	-0.88	0.1	-0.78	-0.26	-0.47	-0.43	-0.28	0.53		-0.43	-0.68	-0.47	-0.3	-0.51	-0.58	0.07	-0.89	0.74	-0.53	-0.38	-0.51	-0.39	-0.48	-0.7	-0.63	0.24
Accounts Payable	0.42	0.02	0.32	0.42	0.29	0.28	0.09	-0.29	-0.43		0.44	0.2	-0.3	-0.19	0.42	-0.06	0.27	-0.22	0.1	0.13	-0.06	0.35	0.13	0.36	0.43	0.11
Cash	0.54	-0.51	0.28	-0.01	0.64	-0.24	-0.27	-0.93	-0.68	0.44		-0.21	0.06	0.1	0.99	-0.19	0.62	-0.12	-0.01	0.07	0.51	0.63	-0.05	0.12	0.99	-0.15
Non Current Assets Total	0.62	0.67	0.64	0.56	-0.24	0.97	0.71	0.44	-0.47	0.2	-0.21		0.42	0.62	-0.33	0.31	0.33	-0.89	0.86	0.29	0.21	-0.08	0.85	0.88	-0.26	0.07
Non Currrent Assets Other	0.35	-0.03	0.26	-0.04	0.02	0.21	0.21	-0.06	-0.3	-0.3	0.06	0.42		0.95	-0.02	-0.21	0.39	-0.39	0.42	-0.18	0.42	0.22	0.37	0.26	-0.04	-0.2
Other Assets	0.56	0.1	0.47	0.11	0.05	0.44	0.35	-0.04	-0.51	-0.19	0.1	0.62	0.95		0.0	-0.06	0.55	-0.63	0.62	-0.02	0.5	0.18	0.57	0.52	0.01	-0.2
Cash And Short Term Investments	0.44	-0.58	0.19	-0.08	0.66	-0.35	-0.36	-0.95	-0.58	0.42	0.99	-0.33	-0.02	0.0		-0.21	0.54	0.02	-0.14	0.01	0.45	0.62	-0.18	0.0	0.99	-0.16
Net Receivables	0.15	0.49	0.01	0.12	-0.16	0.38	-0.07	0.35	0.07	-0.06	-0.19	0.31	-0.21	-0.06	-0.21		-0.14	-0.2	0.31	-0.04	0.05	-0.23	0.3	0.31	-0.15	0.1
Common Stock Shares Outstanding	0.85	-0.2	0.66	0.21	0.61	0.26	0.2	-0.54	-0.89	0.27	0.62	0.33	0.39	0.55	0.54	-0.14		-0.59	0.44	0.3	0.6	0.14	0.42	0.61	0.57	-0.24
Short Term Investments	-0.8	-0.54	-0.71	-0.6	0.11	-0.88	-0.73	-0.15	0.74	-0.22	-0.12	-0.89	-0.39	-0.63	0.02	-0.2	-0.59		-0.93	-0.46	-0.42	-0.08	-0.91	-0.94	-0.07	-0.09
Non Current Liabilities Total	0.7	0.73	0.47	0.68	-0.31	0.84	0.74	0.32	-0.53	0.1	-0.01	0.86	0.42	0.62	-0.14	0.31	0.44	-0.93		0.4	0.43	-0.01	0.99	0.89	-0.05	0.3
Inventory	0.39	0.33	0.13	0.53	-0.03	0.37	0.27	0.09	-0.38	0.13	0.07	0.29	-0.18	-0.02	0.01	-0.04	0.3	-0.46	0.4		0.01	-0.09	0.44	0.53	0.13	0.44
Other Current Assets	0.68	0.03	0.48	0.19	0.42	0.13	0.28	-0.36	-0.51	-0.06	0.51	0.21	0.42	0.5	0.45	0.05	0.6	-0.42	0.43	0.01		0.01	0.41	0.44	0.47	-0.16
Other Stockholder Equity	0.13	-0.37	0.04	-0.11	0.04	-0.14	-0.19	-0.58	-0.39	0.35	0.63	-0.08	0.22	0.18	0.62	-0.23	0.14	-0.08	-0.01	-0.09	0.01		-0.08	-0.06	0.6	-0.05
Total Liab	0.69	0.77	0.43	0.76	-0.32	0.84	0.76	0.36	-0.48	0.13	-0.05	0.85	0.37	0.57	-0.18	0.3	0.42	-0.91	0.99	0.44	0.41	-0.08		0.89	-0.09	0.39
Property Plant And Equipment Gross	0.87	0.58	0.69	0.68	0.04	0.89	0.65	0.15	-0.7	0.36	0.12	0.88	0.26	0.52	0.0	0.31	0.61	-0.94	0.89	0.53	0.44	-0.06	0.89		0.1	0.15
Total Current Assets	0.51	-0.49	0.22	0.0	0.64	-0.27	-0.32	-0.92	-0.63	0.43	0.99	-0.26	-0.04	0.01	0.99	-0.15	0.57	-0.07	-0.05	0.13	0.47	0.6	-0.09	0.1		-0.1
Short Term Debt	-0.02	0.58	-0.47	0.76	-0.5	0.15	0.16	0.36	0.24	0.11	-0.15	0.07	-0.2	-0.2	-0.16	0.1	-0.24	-0.09	0.3	0.44	-0.16	-0.05	0.39	0.15	-0.1

Click cells to compare fundamentals

Ur Energy Account Relationship Matchups

Ur Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	90.4M	81.8M	120.8M	107.9M	128.4M	100.1M
Short Long Term Debt Total	12.2M	13.2M	12.3M	11.1M	6.5M	6.2M
Other Current Liab	1.6M	2.6M	4.0M	518K	2.4M	2.5M
Total Current Liabilities	2.3M	3.6M	6.2M	6.6M	10.0M	6.2M
Total Stockholder Equity	44.3M	34.1M	69.4M	62.5M	74.9M	45.6M
Property Plant And Equipment Net	66.8M	61.1M	56.3M	55.8M	56.0M	61.7M
Net Debt	4.5M	9.0M	(33.8M)	(21.9M)	(53.2M)	(50.5M)
Retained Earnings	(165.4M)	(180.2M)	(203.1M)	(220.3M)	(250.9M)	(238.4M)
Accounts Payable	523K	396K	854K	660K	1.7M	1.8M
Cash	7.8M	4.3M	46.2M	33.0M	59.7M	62.7M
Non Current Assets Total	81.7M	76.7M	72.2M	64.0M	64.7M	70.9M
Non Currrent Assets Other	14.9M	15.6M	15.8M	8.1M	8.6M	8.3M
Other Assets	15.2M	15.7M	15.9M	8.1M	9.4M	7.7M
Cash And Short Term Investments	7.8M	4.3M	46.2M	33.0M	59.7M	62.7M
Net Receivables	22K	0.0	4K	8K	77K	73.2K
Common Stock Shares Outstanding	151.6M	159.9M	164.3M	195.7M	260.0M	143.7M
Liabilities And Stockholders Equity	90.4M	81.8M	120.8M	107.9M	128.4M	100.1M
Non Current Liabilities Total	43.8M	44.2M	45.2M	38.8M	43.5M	37.0M
Inventory	4.5M	1.8M	0.0	9.9M	2.6M	2.2M
Other Current Assets	885K	814K	2.4M	1.0M	1.3M	805.1K
Other Stockholder Equity	20.3M	20.9M	20.0M	19.8M	19.9M	37.8M
Total Liab	46.1M	47.7M	51.5M	45.4M	53.5M	37.3M
Property Plant And Equipment Gross	66.8M	61.1M	75.4M	76.6M	78.8M	65.4M
Total Current Assets	8.7M	5.1M	48.6M	43.9M	63.7M	66.9M
Accumulated Other Comprehensive Income	3.7M	3.7M	4.1M	4.3M	3.7M	2.0M
Short Term Debt	0.0	459K	1.3M	5.4M	5.9M	3.6M
Common Stock Total Equity	177.1M	185.2M	185.8M	189.6M	218.1M	194.8M
Intangible Assets	28K	25K	56K	79K	131K	115.2K
Common Stock	185.8M	189.6M	248.3M	258.6M	302.2M	220.3M
Other Liab	31.5M	31.4M	34.2M	33.1M	38.0M	32.7M
Net Tangible Assets	44.3M	34.1M	69.3M	62.4M	71.8M	49.0M
Long Term Debt	12.2M	12.7M	11.1M	5.7M	5.1M	4.9M
Property Plant Equipment	66.8M	61.1M	56.3M	55.8M	50.2M	55.6M
Long Term Debt Total	12.2M	12.7M	11.1M	5.7M	5.1M	4.9M
Capital Surpluse	20.3M	20.9M	20.0M	19.8M	22.8M	20.1M
Cash And Equivalents	6.0M	3.4M	37.1M	30.4M	35.0M	36.8M

Pair Trading with Ur Energy

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 Ur Energy 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 Ur Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with URE Stock

0.8	ENB-PFV	Enbridge Pref 5	Pair Corr
0.77	ENS	E Split Corp	Pair Corr
0.75	ENS-PA	E Split Corp	Pair Corr

Moving against URE Stock

0.72	MFC-PC	Manulife Finl Srs	Pair Corr
0.58	SAGE	Sage Potash Corp	Pair Corr
0.58	SLF-PD	Sun Life Financial	Pair Corr
0.55	SLF-PC	Sun Life Financial	Pair Corr

The ability to find closely correlated positions to Ur Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ur Energy 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 Ur Energy - 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 Ur Energy to buy it.

The correlation of Ur Energy 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 Ur Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ur Energy 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 Ur Energy 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 Correlation Correlation Matching

When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ur Energy's future performance. For an informed investment choice regarding URE Stock, refer to the following important reports:

How To Invest In URE

Details

Is URE Stock a good investment?

Details

What is Ur Energy's Net Worth?

Details

Largest Oil, Gas & Consumable Fuels Companies

View

Largest Uranium Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ur Energy. 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.

To learn how to invest in URE Stock, please use our How to Invest in Ur Energy guide.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Please note, there is a significant difference between Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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URE Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

Ur Energy fundamental ratios Correlations

Ur Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ur Energy fundamental ratios Accounts

Pair Trading with Ur Energy

Moving together with URE Stock

Moving against URE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Other Assets	+ 0.95	Non Currrent Assets Other

Cash And Short Term Investments	- 0.95	Net Debt
Property Plant And Equipment Gross	- 0.94	Short Term Investments
Non Current Liabilities Total	- 0.93	Short Term Investments
Cash	- 0.93	Net Debt
Total Current Assets	- 0.92	Net Debt
Total Liab	- 0.91	Short Term Investments