Uranium Depreciation And Amortization vs Income Before Tax Analysis

UEC Stock  USD 8.46  0.06  0.71%   
Uranium Energy financial indicator trend analysis is much more than just breaking down Uranium Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Uranium Energy Corp is a good investment. Please check the relationship between Uranium Energy Depreciation And Amortization and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 income.

Depreciation And Amortization vs Income Before Tax

Depreciation And Amortization vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Uranium Energy Corp Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Uranium Energy's Depreciation And Amortization and Income Before Tax is -0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Uranium Energy Corp, assuming nothing else is changed. The correlation between historical values of Uranium Energy's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Uranium Energy Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Uranium Energy's Depreciation And Amortization and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Uranium Energy income statement and is an important metric when analyzing Uranium Energy Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Uranium Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Uranium Energy 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 Energy 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 income.
The current year's Sales General And Administrative To Revenue is expected to grow to 103.24, whereas Selling General Administrative is forecasted to decline to about 13.5 M.
 2023 2024 (projected)
Extraordinary Items209.6K186.3K
Reconciled Depreciation2.2M2.3M

Uranium Energy fundamental ratios Correlations

0.990.931.0-0.92-0.590.910.960.970.850.930.90.830.980.940.990.921.01.00.750.840.870.250.840.90.83
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-0.59-0.56-0.58-0.580.43-0.4-0.56-0.52-0.88-0.83-0.56-0.47-0.74-0.58-0.59-0.83-0.57-0.58-0.65-0.47-0.53-0.47-0.51-0.61-0.49
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0.850.840.780.85-0.76-0.880.610.810.760.980.690.720.930.740.860.980.820.840.850.610.770.480.760.90.78
0.930.910.870.93-0.82-0.830.750.880.860.980.810.770.980.860.921.00.910.920.830.740.820.390.790.90.8
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0.830.840.80.84-0.86-0.470.730.850.810.720.770.660.810.720.850.770.810.820.560.710.930.40.790.80.79
0.980.970.920.98-0.88-0.740.850.940.940.930.980.880.810.920.970.980.970.980.80.80.860.340.830.910.82
0.940.910.910.93-0.79-0.580.940.880.950.740.860.990.720.920.910.840.960.950.610.910.80.120.70.720.66
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0.920.910.860.92-0.83-0.830.740.880.860.981.00.790.770.980.840.930.90.920.830.720.820.430.790.910.79
1.00.980.930.99-0.9-0.570.930.940.970.820.910.930.810.970.960.980.91.00.740.850.870.190.820.860.81
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0.750.780.580.76-0.61-0.650.50.60.590.850.830.60.560.80.610.730.830.740.750.380.730.050.770.860.81
0.840.770.880.82-0.74-0.470.90.840.920.610.740.880.710.80.910.810.720.850.840.380.740.240.460.550.43
0.870.880.790.87-0.8-0.530.760.820.820.770.820.770.930.860.80.860.820.870.870.730.740.190.760.820.77
0.250.250.390.27-0.44-0.470.070.460.30.480.390.010.40.340.120.360.430.190.210.050.240.190.180.410.18
0.840.870.710.85-0.82-0.510.70.80.740.760.790.660.790.830.70.840.790.820.830.770.460.760.180.890.99
0.90.930.790.91-0.89-0.610.650.870.80.90.90.660.80.910.720.920.910.860.880.860.550.820.410.890.91
0.830.870.690.85-0.82-0.490.660.780.720.780.80.620.790.820.660.840.790.810.820.810.430.770.180.990.91
Click cells to compare fundamentals

Uranium Energy Account Relationship Matchups

Uranium Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets101.0M91.4M169.5M354.2M889.8M934.3M
Other Current Liab68.7K178.9K1.9M6.5M14.2M14.9M
Total Current Liabilities3.1M2.0M13.3M8.5M29.2M30.7M
Total Stockholder Equity74.2M64.4M151.5M326.9M778.1M817.0M
Net Debt13.6M15.0M(34.0M)(31.4M)(87.5M)(83.2M)
Retained Earnings(262.2M)(276.8M)(291.6M)(286.4M)(318.9M)(303.0M)
Accounts Payable3.0M1.9M1.3M2.0M15.0M15.8M
Cash6.1M5.1M44.3M32.5M87.5M91.9M
Cash And Short Term Investments17.9M5.1M44.3M32.5M156.3M164.1M
Common Stock Total Equity180.9K184.6K236.8K289K332.4K349.0K
Common Stock Shares Outstanding175.8M183.0M210.3M271.0M397.3M417.2M
Liabilities And Stockholders Equity101.0M91.4M169.5M354.2M889.8M934.3M
Non Current Liabilities Total23.7M24.9M4.8M18.8M82.5M86.6M
Other Current Assets119.4K1.6M214K3.1M3.1M3.3M
Other Stockholder Equity336.2M341.2M442.0M613.2M1.1B1.2B
Total Liab26.8M27.0M18.1M27.3M111.7M117.3M
Total Current Assets19.7M6.6M75.0M102.2M235.2M247.0M
Common Stock180.9K184.6K236.8K289K410K430.5K
Accumulated Other Comprehensive Income12.5K(120.2K)493.2K(186K)(13.8M)(13.1M)
Property Plant And Equipment Net70.6M70.7M71.1M202.2M578.0M607.0M
Non Current Assets Total81.3M84.8M94.5M252.1M654.6M687.3M
Net Receivables1.3M1.1M102.02.9M2.5M2.6M
Property Plant And Equipment Gross70.7M83.0M20.2M598.8M592.6M622.2M
Property Plant Equipment7.0M71.1M20.2M19.7M22.7M16.6M
Other Assets2.0M2.6M10.9M10.3M11.9M12.5M
Non Currrent Assets Other2.1M2.6M2.6M10.9M11.2M11.8M
Intangible Assets63.7M63.8M181.9M565.6M650.4M682.9M
Other Liab4.3M4.8M17.9M92.3M106.1M111.4M
Net Tangible Assets64.4M151.5M326.9M631.8M726.6M762.9M
Long Term Debt9.5M19.6M19.9M66.0K75.8K72.1K
Retained Earnings Total Equity(262.2M)(276.8M)(291.6M)(286.4M)(257.7M)(270.6M)
Capital Surpluse341.1M442.0M613.2M924.7M1.1B1.1B
Deferred Long Term Liab564.9K550.6K541.0K536K482.4K512.5K
Non Current Liabilities Other4.0M271.1K18.3M1.0M1.5M1.4M
Short Long Term Debt Total29.6M20.2M10.3M1.2M2.6M2.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Uranium Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Uranium Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uranium Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uranium Energy Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uranium Energy 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 income.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Uranium Energy. If investors know Uranium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Uranium Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(0.07)
Revenue Per Share
0.001
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.04)
The market value of Uranium Energy Corp is measured differently than its book value, which is the value of Uranium that is recorded on the company's balance sheet. Investors also form their own opinion of Uranium Energy's value that differs from its market value or its book value, called intrinsic value, which is Uranium Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Uranium Energy's market value can be influenced by many factors that don't directly affect Uranium Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Uranium Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Uranium Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uranium 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.