URG Net Tangible Assets vs Other Current Liab Analysis
URG Stock | USD 1.31 0.04 3.15% |
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 Net Tangible Assets and its Other Current Liab 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 metropolitan statistical area. For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.
Net Tangible Assets vs Other Current Liab
Net Tangible Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ur Energy Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ur Energy's Net Tangible Assets and Other Current Liab is 0.51. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab 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 Net Tangible Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ur Energy are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Ur Energy's Net Tangible Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Other Current Liab
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 metropolitan statistical area. For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.At this time, Ur Energy's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Ur Energy's current Enterprise Value is estimated to increase to about 364.7 M, while Selling General Administrative is projected to decrease to roughly 5.2 M.
Ur Energy fundamental ratios Correlations
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Ur Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ur Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 90.4M | 81.8M | 120.8M | 107.9M | 128.4M | 95.4M | |
Other Current Liab | 1.8M | 2.6M | 2.0M | 518K | 2.4M | 2.5M | |
Total Current Liabilities | 2.3M | 3.6M | 6.2M | 6.6M | 10.0M | 5.9M | |
Total Stockholder Equity | 44.3M | 34.1M | 69.4M | 62.5M | 74.9M | 43.6M | |
Other Liab | 31.5M | 31.4M | 34.2M | 33.1M | 38.0M | 39.9M | |
Net Tangible Assets | 44.3M | 34.1M | 69.4M | 62.5M | 71.9M | 75.5M | |
Retained Earnings | (165.4M) | (180.2M) | (203.1M) | (220.3M) | (250.9M) | (238.4M) | |
Accounts Payable | 523K | 396K | 854K | 660K | 1.7M | 1.1M | |
Cash | 7.8M | 4.3M | 46.2M | 33.0M | 59.7M | 62.7M | |
Other Assets | 14.9M | 76.7M | 15.9M | 8.1M | 9.4M | 11.0M | |
Long Term Debt | 12.2M | 12.7M | 11.1M | 5.7M | 6.5M | 11.1M | |
Net Receivables | 31K | 22K | (7.8M) | 4K | 77K | 80.9K | |
Common Stock Total Equity | 177.1M | 185.2M | 185.8M | 258.6M | 297.4M | 312.3M | |
Retained Earnings Total Equity | (165.4M) | (180.2M) | (203.1M) | (220.3M) | (198.2M) | (188.3M) | |
Common Stock Shares Outstanding | 159.9M | 164.3M | 195.7M | 220.5M | 260.0M | 139.7M | |
Inventory | 7.4M | 7.8M | 7.9M | 9.9M | 2.6M | 3.1M | |
Other Current Assets | (6.5M) | 814K | (5.5M) | 1.0M | 1.3M | 1.4M | |
Other Stockholder Equity | 20.3M | 20.9M | 20.0M | 19.8M | 19.9M | 25.0M | |
Total Liab | 46.1M | 47.7M | 51.5M | 45.4M | 53.5M | 35.5M | |
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 | 1.9M | |
Short Term Debt | 12.2M | 459K | 1.3M | 5.4M | 5.9M | 3.9M | |
Intangible Assets | 28K | 25K | 56K | 79K | 131K | 95.0K | |
Common Stock | 185.8M | 189.6M | 248.3M | 258.6M | 302.2M | 192.5M | |
Property Plant Equipment | 74.3M | 21.9M | 64.3M | 55.8M | 64.2M | 49.7M | |
Short Long Term Debt Total | 24.4M | 13.2M | 12.3M | 11.1M | 6.5M | 6.2M | |
Property Plant And Equipment Net | 66.8M | 61.1M | 56.3M | 55.8M | 55.7M | 61.7M | |
Net Debt | 4.5M | 9.0M | (33.8M) | (21.9M) | (53.2M) | (50.5M) | |
Non Current Assets Total | 81.7M | 76.7M | 72.2M | 64.0M | 64.7M | 70.9M | |
Non Currrent Assets Other | 14.9M | 15.7M | 15.9M | 8.1M | 8.9M | 7.4M | |
Cash And Short Term Investments | 7.8M | 4.3M | 46.2M | 33.0M | 59.7M | 62.7M | |
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 | |
Property Plant And Equipment Gross | 66.8M | 78.5M | 75.4M | 76.6M | 78.8M | 66.4M | |
Current Deferred Revenue | 505K | (12.2M) | 2M | 2.1M | (132.0K) | (125.4K) | |
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 | 19.6M | |
Non Current Liabilities Other | 31.6M | 31.4M | 34.2M | 33.1M | 38.1M | 32.4M |
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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 URG Stock, refer to the following important reports: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 metropolitan statistical area. For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 Ur Energy. If investors know URG 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 Ur Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.13) | Revenue Per Share 0.056 | Quarterly Revenue Growth 0.113 | Return On Assets (0.18) | Return On Equity (0.34) |
The market value of Ur Energy is measured differently than its book value, which is the value of URG that is recorded on the company's balance sheet. Investors also form their own opinion of Ur Energy's value that differs from its market value or its book value, called intrinsic value, which is Ur 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 Ur Energy's market value can be influenced by many factors that don't directly affect Ur 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 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.