Uranium Total Assets vs Common Stock Total Equity 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 Total Assets and its Common Stock Total Equity 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.

Total Assets vs Common Stock Total Equity

Total Assets vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Royalty Corp Total Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Uranium Royalty's Total Assets and Common Stock Total Equity is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Total Equity 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 Total Assets and Common Stock Total Equity 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 Uranium Royalty Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Assets i.e., Uranium Royalty's Total Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Uranium Royalty 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 Uranium Royalty Corp 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.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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
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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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