Denison Mines Financials
This page shows Denison Mines (DNN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2017 annual data. Scores normalized against common benchmarks. How we calculate these scores
Denison Mines's revenue declined 19.9% year-over-year, from $13.8M to $11.1M. This contraction results in a growth score of 0/100.
Denison Mines carries a low D/E ratio of 0.41, meaning only $0.41 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.65, Denison Mines holds $3.65 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 71/100.
Denison Mines converts 104.1% of revenue into free cash flow ($11.5M). This strong cash generation earns a score of 100/100.
Denison Mines generates a -7.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -10.0% the prior year.
Denison Mines passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Denison Mines generates $-0.87 in operating cash flow ($12.4M OCF vs -$14.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Denison Mines generated $11.1M in revenue in fiscal year 2017. This represents a decrease of 19.9% from the prior year.
Denison Mines reported -$14.2M in net income in fiscal year 2017. This represents an increase of 18.3% from the prior year.
Cash & Balance Sheet
Denison Mines generated $11.5M in free cash flow in fiscal year 2017, representing cash available after capex. This represents an increase of 222.9% from the prior year.
Denison Mines held $2.9M in cash against $0 in long-term debt as of fiscal year 2017.
Denison Mines had 559M shares outstanding in fiscal year 2017.
Margins & Returns
Denison Mines's net profit margin was -127.8% in fiscal year 2017, showing the share of revenue converted to profit. This is down 2.4 percentage points from the prior year.
Denison Mines's ROE was -7.7% in fiscal year 2017, measuring profit generated per dollar of shareholder equity. This is up 2.3 percentage points from the prior year.
Capital Allocation
Denison Mines invested $836K in capex in fiscal year 2017, funding long-term assets and infrastructure. This represents a decrease of 34.0% from the prior year.
DNN Income Statement
| Metric | Q4'17 | Q4'16 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
DNN Balance Sheet
| Metric | Q4'17 | Q4'16 |
|---|---|---|
| Total Assets | $260.1M+19.6% | $217.4M |
| Current Assets | $40.1M+134.5% | $17.1M |
| Cash & Equivalents | $2.9M-75.5% | $11.8M |
| Inventory | $2.8M+15.6% | $2.4M |
| Accounts Receivable | N/A | N/A |
| Goodwill | N/A | N/A |
| Total Liabilities | $76.1M+70.2% | $44.7M |
| Current Liabilities | $11.0M+51.4% | $7.3M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $184.0M+6.5% | $172.7M |
| Retained Earnings | -$975.6M-1.5% | -$961.4M |
DNN Cash Flow Statement
| Metric | Q4'17 | Q4'16 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
DNN Financial Ratios
| Metric | Q4'17 | Q4'16 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 3.65+1.3 | 2.36 |
| Debt-to-Equity | 0.41+0.2 | 0.26 |
| FCF Margin | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Denison Mines's annual revenue?
Denison Mines (DNN) reported $11.1M in total revenue for fiscal year 2017. This represents a -19.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Denison Mines's revenue growing?
Denison Mines (DNN) revenue declined by 19.9% year-over-year, from $13.8M to $11.1M in fiscal year 2017.
Is Denison Mines profitable?
No, Denison Mines (DNN) reported a net income of -$14.2M in fiscal year 2017, with a net profit margin of -127.8%.
What is Denison Mines's net profit margin?
Denison Mines (DNN) had a net profit margin of -127.8% in fiscal year 2017, representing the share of revenue converted into profit after all expenses.
What is Denison Mines's return on equity (ROE)?
Denison Mines (DNN) has a return on equity of -7.7% for fiscal year 2017, measuring how efficiently the company generates profit from shareholder equity.
What is Denison Mines's free cash flow?
Denison Mines (DNN) generated $11.5M in free cash flow during fiscal year 2017. This represents a 222.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Denison Mines's operating cash flow?
Denison Mines (DNN) generated $12.4M in operating cash flow during fiscal year 2017, representing cash generated from core business activities.
What are Denison Mines's total assets?
Denison Mines (DNN) had $260.1M in total assets as of fiscal year 2017, including both current and long-term assets.
What are Denison Mines's capital expenditures?
Denison Mines (DNN) invested $836K in capital expenditures during fiscal year 2017, funding long-term assets and infrastructure.
What is Denison Mines's current ratio?
Denison Mines (DNN) had a current ratio of 3.65 as of fiscal year 2017, which is generally considered healthy.
What is Denison Mines's debt-to-equity ratio?
Denison Mines (DNN) had a debt-to-equity ratio of 0.41 as of fiscal year 2017, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Denison Mines's return on assets (ROA)?
Denison Mines (DNN) had a return on assets of -5.5% for fiscal year 2017, measuring how efficiently the company uses its assets to generate profit.
What is Denison Mines's Piotroski F-Score?
Denison Mines (DNN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Denison Mines's earnings high quality?
Denison Mines (DNN) has an earnings quality ratio of -0.87x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Denison Mines?
Denison Mines (DNN) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.