Great Long Term Investments vs Long Term Debt Total Analysis

AJX Stock  USD 2.99  0.01  0.33%   
Great Ajax financial indicator trend analysis is much more than just examining Great Ajax Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Ajax Corp is a good investment. Please check the relationship between Great Ajax Long Term Investments and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax 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 inflation.

Long Term Investments vs Long Term Debt Total

Long Term Investments vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Ajax Corp Long Term Investments account and Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Great Ajax's Long Term Investments and Long Term Debt Total is 0.18. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Great Ajax Corp, assuming nothing else is changed. The correlation between historical values of Great Ajax's Long Term Investments and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Great Ajax Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Investments i.e., Great Ajax's Long Term Investments and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Great Ajax balance sheet that represents investments Great Ajax Corp intends to hold for over a year. Great Ajax Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt Total

Most indicators from Great Ajax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Ajax 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax 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 inflation.
At this time, Great Ajax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 25 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.2M19.3M47.6M26.1M
Total Revenue31.9M35.6M62.7M39.7M

Great Ajax fundamental ratios Correlations

0.890.180.730.920.950.970.340.970.350.780.50.43-0.290.640.450.250.240.910.930.710.16-0.260.920.890.88
0.890.390.690.670.870.790.590.940.320.520.210.780.140.30.750.120.130.710.780.830.01-0.210.740.940.83
0.180.390.450.010.19-0.020.540.230.63-0.08-0.210.620.26-0.440.240.450.46-0.060.040.8-0.170.63-0.030.330.54
0.730.690.450.730.640.680.510.660.830.480.530.51-0.020.490.2-0.06-0.080.460.70.770.060.060.480.510.9
0.920.670.010.730.810.940.10.810.410.870.710.17-0.470.790.140.180.150.840.850.520.17-0.170.880.650.8
0.950.870.190.640.810.930.310.960.270.750.340.45-0.20.590.570.260.260.940.850.710.0-0.280.930.920.83
0.970.79-0.020.680.940.930.180.920.280.820.530.27-0.360.780.360.150.140.940.910.560.12-0.380.940.80.8
0.340.590.540.510.10.310.180.340.240.04-0.020.710.41-0.140.53-0.07-0.060.110.320.560.050.070.140.490.4
0.970.940.230.660.810.960.920.340.290.680.340.53-0.140.530.590.250.250.880.890.760.11-0.320.880.940.86
0.350.320.630.830.410.270.280.240.290.180.370.330.040.2-0.130.030.010.060.30.67-0.030.390.070.120.72
0.780.52-0.080.480.870.750.820.040.680.180.730.01-0.420.730.130.270.230.830.630.370.19-0.130.860.590.62
0.50.21-0.210.530.710.340.53-0.020.340.370.73-0.17-0.380.73-0.25-0.08-0.130.380.520.130.39-0.060.430.130.42
0.430.780.620.510.170.450.270.710.530.330.01-0.170.58-0.270.82-0.1-0.080.170.30.73-0.20.140.230.630.54
-0.290.140.26-0.02-0.47-0.2-0.360.41-0.140.04-0.42-0.380.58-0.510.48-0.53-0.51-0.44-0.390.12-0.34-0.02-0.43-0.06-0.1
0.640.3-0.440.490.790.590.78-0.140.530.20.730.73-0.27-0.51-0.13-0.11-0.150.710.710.080.29-0.530.660.30.46
0.450.750.240.20.140.570.360.530.59-0.130.13-0.250.820.48-0.13-0.09-0.070.40.340.49-0.13-0.20.430.740.34
0.250.120.45-0.060.180.260.15-0.070.250.030.27-0.08-0.1-0.53-0.11-0.091.00.330.150.380.110.360.320.360.27
0.240.130.46-0.080.150.260.14-0.060.250.010.23-0.13-0.08-0.51-0.15-0.071.00.320.140.380.080.350.310.370.26
0.910.71-0.060.460.840.940.940.110.880.060.830.380.17-0.440.710.40.330.320.830.480.12-0.380.990.830.68
0.930.780.040.70.850.850.910.320.890.30.630.520.3-0.390.710.340.150.140.830.580.32-0.390.820.770.76
0.710.830.80.770.520.710.560.560.760.670.370.130.730.120.080.490.380.380.480.58-0.030.210.50.760.91
0.160.01-0.170.060.170.00.120.050.11-0.030.190.39-0.2-0.340.29-0.130.110.080.120.32-0.03-0.090.110.060.04
-0.26-0.210.630.06-0.17-0.28-0.380.07-0.320.39-0.13-0.060.14-0.02-0.53-0.20.360.35-0.38-0.390.21-0.09-0.28-0.220.03
0.920.74-0.030.480.880.930.940.140.880.070.860.430.23-0.430.660.430.320.310.990.820.50.11-0.280.840.69
0.890.940.330.510.650.920.80.490.940.120.590.130.63-0.060.30.740.360.370.830.770.760.06-0.220.840.75
0.880.830.540.90.80.830.80.40.860.720.620.420.54-0.10.460.340.270.260.680.760.910.040.030.690.75
Click cells to compare fundamentals

Great Ajax Account Relationship Matchups

Great Ajax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B1.5B1.3B1.4B
Short Long Term Debt Total771.5M695.5M678.4M677.5M621.6M760.0M
Other Current Liab7.1M22.6M34.7M469.5M(375.7M)(357.0M)
Total Current Liabilities421.2M443.8M580.8M106.0M2.0M1.9M
Total Stockholder Equity359.9M485.4M497.3M335.3M308.9M356.4M
Net Tangible Assets359.9M370.2M382.2M300.8M345.9M325.9M
Property Plant And Equipment Net1.3M17.6M1.5M719K826.9K785.5K
Net Debt707.2M588.3M594.0M629.7M568.7M570.0M
Retained Earnings49.4M53.3M66.4M13.3M(54.4M)(51.7M)
Accounts Payable7.1M22.6M11.1M11.4M13.2M8.9M
Cash64.3M107.1M84.4M47.8M52.8M64.4M
Non Current Assets Total319.3M393.9M521.8M421.8M323.4M545.9M
Non Currrent Assets Other(1.5M)(719K)(1.8B)(1.5B)(323.4M)(307.2M)
Other Assets1.2B1.1B1.1B25.7M952.7M481.1M
Long Term Debt118.8M110.1M102.8M210.3M621.6M383.4M
Cash And Short Term Investments64.3M107.1M84.4M1.0B52.8M50.2M
Net Receivables17.0M15.8M20.9M991.0M7.3M6.9M
Common Stock Total Equity222K231K233K241K277.2K213.5K
Common Stock Shares Outstanding28.2M22.6M30.3M23.0M24.3M24.9M
Liabilities And Stockholders Equity1.6B1.7B1.8B1.5B1.3B1.4B
Non Current Liabilities Total771.5M695.5M678.4M1.0B103.5M98.3M
Other Current Assets(81.4M)8.9M16.5M35.7M(60.1M)(57.1M)
Other Stockholder Equity259.5M316.3M314.5M312.9M342.5M294.4M
Total Liab771.5M695.5M678.4M1.1B1.0B860.0M
Long Term Investments1.5B1.5B1.5B1.2B323.4M307.2M
Total Current Assets81.4M122.9M105.3M1.0B60.1M57.1M
Accumulated Other Comprehensive Income1.3M375K1.0M(25.6M)(14.0M)(13.3M)
Short Term Debt414.1M421.1M546.1M106.0M375.7M332.3M
Common Stock222K231K233K241K285K223.5K
Property Plant Equipment1.5M719K6.1M6.3M7.3M4.3M
Noncontrolling Interest In Consolidated Entity24.2M29.1M3.2M2.1M1.9M1.8M
Retained Earnings Total Equity49.4M53.3M66.4M13.3M15.3M14.5M
Long Term Debt Total118.8M110.1M102.8M210.3M189.3M278.0M
Capital Surpluse309.4M317.4M316.2M322.4M370.8M307.6M

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