Uranium Cash vs Other Assets Analysis

UROY Stock  USD 2.39  0.10  4.02%   
Uranium Royalty financial indicator trend analysis is much more than just breaking down Uranium Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Royalty Corp is a good investment. Please check the relationship between Uranium Royalty Cash and its Other Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cash vs Other Assets

Cash vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Cash account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Uranium Royalty's Cash and Other Assets is -0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Assets in the same time period over historical financial statements of Uranium Royalty Corp, assuming nothing else is changed. The correlation between historical values of Uranium Royalty's Cash and Other 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 Cash of Uranium Royalty Corp are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Cash i.e., Uranium Royalty's Cash and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Uranium Royalty Corp, which is listed under current asset account on Uranium Royalty Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Uranium Royalty customers. The amounts must be unrestricted with restricted cash listed in a different Uranium Royalty account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Assets

Most indicators from Uranium Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Royalty Corp 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 Uranium Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Uranium Royalty's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 44.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.

Uranium Royalty fundamental ratios Correlations

0.190.31.00.99-0.570.490.940.910.89-0.360.760.91-0.940.411.01.0-0.670.33-0.840.840.84-0.32-0.740.970.36
0.190.990.160.210.33-0.180.280.120.29-0.350.390.3-0.250.760.170.170.08-0.14-0.06-0.050.070.07-0.120.090.12
0.30.990.260.30.25-0.090.390.230.37-0.350.450.38-0.340.770.280.28-0.01-0.11-0.140.060.140.0-0.20.20.13
1.00.160.260.98-0.60.520.940.930.88-0.330.740.9-0.930.371.01.0-0.690.33-0.840.850.84-0.35-0.750.970.34
0.990.210.30.98-0.50.360.90.880.94-0.50.830.94-0.980.460.970.99-0.660.43-0.890.740.89-0.18-0.760.920.49
-0.570.330.25-0.6-0.5-0.72-0.61-0.81-0.36-0.22-0.15-0.410.40.48-0.59-0.590.79-0.080.51-0.73-0.50.750.73-0.670.26
0.49-0.18-0.090.520.36-0.720.610.60.10.63-0.140.18-0.18-0.30.550.49-0.42-0.4-0.10.880.11-0.92-0.260.68-0.54
0.940.280.390.940.9-0.610.610.920.8-0.20.690.85-0.830.360.950.94-0.770.27-0.760.880.76-0.52-0.760.930.17
0.910.120.230.930.88-0.810.60.920.78-0.210.630.81-0.820.130.920.92-0.830.26-0.80.840.79-0.55-0.880.920.1
0.890.290.370.880.94-0.360.10.80.78-0.70.930.99-0.980.570.860.9-0.650.61-0.930.540.950.03-0.780.760.63
-0.36-0.35-0.35-0.33-0.5-0.220.63-0.2-0.21-0.7-0.84-0.630.64-0.65-0.29-0.360.21-0.760.670.2-0.65-0.670.44-0.12-0.87
0.760.390.450.740.83-0.15-0.140.690.630.93-0.840.89-0.890.680.710.76-0.590.74-0.90.330.870.22-0.720.570.7
0.910.30.380.90.94-0.410.180.850.810.99-0.630.89-0.970.530.880.91-0.690.57-0.920.590.95-0.07-0.80.790.59
-0.94-0.25-0.34-0.93-0.980.4-0.18-0.83-0.82-0.980.64-0.89-0.97-0.54-0.92-0.940.62-0.520.92-0.61-0.920.020.76-0.84-0.62
0.410.760.770.370.460.48-0.30.360.130.57-0.650.680.53-0.540.370.390.090.25-0.320.030.330.43-0.070.250.57
1.00.170.281.00.97-0.590.550.950.920.86-0.290.710.88-0.920.371.0-0.660.27-0.80.870.8-0.37-0.720.980.31
1.00.170.281.00.99-0.590.490.940.920.9-0.360.760.91-0.940.391.0-0.690.34-0.850.830.85-0.32-0.760.970.37
-0.670.08-0.01-0.69-0.660.79-0.42-0.77-0.83-0.650.21-0.59-0.690.620.09-0.66-0.69-0.560.81-0.63-0.790.490.92-0.63-0.11
0.33-0.14-0.110.330.43-0.08-0.40.270.260.61-0.760.740.57-0.520.250.270.34-0.56-0.76-0.030.730.42-0.540.130.7
-0.84-0.06-0.14-0.84-0.890.51-0.1-0.76-0.8-0.930.67-0.9-0.920.92-0.32-0.8-0.850.81-0.76-0.51-0.980.020.89-0.7-0.6
0.84-0.050.060.850.74-0.730.880.880.840.540.20.330.59-0.610.030.870.83-0.63-0.03-0.510.52-0.73-0.540.93-0.13
0.840.070.140.840.89-0.50.110.760.790.95-0.650.870.95-0.920.330.80.85-0.790.73-0.980.52-0.03-0.860.710.61
-0.320.070.0-0.35-0.180.75-0.92-0.52-0.550.03-0.670.22-0.070.020.43-0.37-0.320.490.420.02-0.73-0.030.33-0.50.68
-0.74-0.12-0.2-0.75-0.760.73-0.26-0.76-0.88-0.780.44-0.72-0.80.76-0.07-0.72-0.760.92-0.540.89-0.54-0.860.33-0.66-0.29
0.970.090.20.970.92-0.670.680.930.920.76-0.120.570.79-0.840.250.980.97-0.630.13-0.70.930.71-0.5-0.660.17
0.360.120.130.340.490.26-0.540.170.10.63-0.870.70.59-0.620.570.310.37-0.110.7-0.6-0.130.610.68-0.290.17
Click cells to compare fundamentals

Uranium Royalty Account Relationship Matchups

Uranium Royalty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.7M76.2M178.2M185.8M278.7M292.6M
Total Current Liabilities399.6K506.9K486K10.3M2.8M3.4M
Total Stockholder Equity70.2M75.6M164.6M175.4M275.8M289.6M
Net Tangible Assets70.2M75.6M164.6M175.4M201.7M211.8M
Net Debt(11.8M)(7.2M)8.7M(4.4M)(20.9M)(19.9M)
Retained Earnings(6.8M)(7.9M)(12.1M)(11.9M)22.5M23.6M
Accounts Payable399.6K506.9K469K549K1.2M1.3M
Cash11.8M7.2M4.4M14.3M21.1M22.2M
Non Current Assets Total27.3M25.6M44.1M47.0M47.0M32.2M
Non Currrent Assets Other(27.3M)(25.6M)(44.1M)(47.0M)(1.0)(1.05)
Cash And Short Term Investments42.3M37.3M56.2M52.6M30.2M39.5M
Common Stock Shares Outstanding54.3M72.0M88.3M97.9M115.3M75.4M
Other Stockholder Equity(60.0M)(71.5M)(140.3M)(155.4M)(139.9M)(132.9M)
Total Liab439.6K546.9K13.5M10.4M2.9M2.8M
Total Current Assets43.4M50.6M134.0M138.8M231.8M243.3M
Common Stock66.8M73.0M152.4M167.3M244.4M256.6M
Net Receivables351.4K211.02.1M110K14.3M15.0M
Short Term Investments30.5M30.0M51.8M38.3M9.1M8.7M
Liabilities And Stockholders Equity70.7M76.2M178.2M185.8M278.7M152.9M
Other Current Assets752.3K31.0M47.7M32.7M110K104.5K
Net Invested Capital70.2M75.7M177.6M175.4M275.8M150.0M
Accumulated Other Comprehensive Income3.1M4.2M24.3M19.9M8.9M11.4M
Capital Stock66.8M73.0M152.4M167.3M244.4M134.6M
Net Working Capital43.0M50.1M133.5M128.5M229.0M240.4M

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