Blue Current Deferred Revenue vs Cash And Short Term Investments Analysis

BLUEJET Stock   761.05  11.50  1.53%   
Blue Jet financial indicator trend analysis is way more than just evaluating Blue Jet Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Jet Healthcare is a good investment. Please check the relationship between Blue Jet Current Deferred Revenue and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Jet Healthcare. 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.

Current Deferred Revenue vs Cash And Short Term Investments

Current Deferred Revenue vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Jet Healthcare Current Deferred Revenue account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Jet's Current Deferred Revenue and Cash And Short Term Investments is 0.74. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Blue Jet Healthcare, assuming nothing else is changed. The correlation between historical values of Blue Jet's Current Deferred Revenue and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Blue Jet Healthcare are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., Blue Jet's Current Deferred Revenue and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Blue Jet Healthcare balance sheet. This account contains Blue Jet investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Blue Jet Healthcare fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Blue Jet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Jet Healthcare 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 Blue Jet Healthcare. 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.
Tax Provision is likely to drop to about 612.7 M in 2025. Selling General Administrative is likely to drop to about 64.9 M in 2025
 2022 2023 2024 2025 (projected)
Total Revenue7.2B7.1B8.2B6.9B
Depreciation And Amortization250.7M280.9M323.0M248.4M

Blue Jet fundamental ratios Correlations

-0.940.50.981.00.97-0.881.0-0.770.730.950.561.00.830.090.94-0.940.950.850.910.99-0.930.850.950.780.5
-0.94-0.26-0.93-0.95-0.860.96-0.950.61-0.86-0.81-0.48-0.96-0.93-0.01-0.951.0-0.95-0.82-0.82-0.970.99-0.83-0.98-0.72-0.66
0.5-0.260.490.490.66-0.030.5-0.89-0.220.720.810.450.00.50.47-0.310.290.630.560.39-0.180.630.250.69-0.25
0.98-0.930.490.980.97-0.860.98-0.770.740.950.60.970.790.00.93-0.910.950.880.970.97-0.920.880.930.820.51
1.0-0.950.490.980.97-0.881.0-0.760.730.940.551.00.830.10.93-0.950.950.840.890.99-0.930.840.960.760.5
0.97-0.860.660.970.97-0.750.97-0.880.571.00.670.950.670.120.9-0.860.890.880.940.93-0.830.880.860.840.36
-0.880.96-0.03-0.86-0.88-0.75-0.880.4-0.96-0.69-0.24-0.9-0.960.16-0.850.94-0.93-0.66-0.74-0.930.98-0.67-0.96-0.54-0.72
1.0-0.950.50.981.00.97-0.88-0.760.730.940.551.00.830.090.93-0.950.950.840.90.99-0.930.840.960.760.5
-0.770.61-0.89-0.77-0.76-0.880.4-0.76-0.17-0.91-0.91-0.73-0.34-0.37-0.780.64-0.59-0.88-0.81-0.680.55-0.89-0.58-0.92-0.12
0.73-0.86-0.220.740.730.57-0.960.73-0.170.50.030.760.92-0.350.7-0.820.860.50.620.8-0.90.50.860.370.75
0.95-0.810.720.950.941.0-0.690.94-0.910.50.710.930.610.170.87-0.820.840.870.930.9-0.780.880.820.850.31
0.56-0.480.810.60.550.67-0.240.55-0.910.030.710.510.20.390.7-0.510.410.870.680.48-0.410.880.390.930.1
1.0-0.960.450.971.00.95-0.91.0-0.730.760.930.510.860.070.93-0.960.960.820.881.0-0.940.830.970.740.52
0.83-0.930.00.790.830.67-0.960.83-0.340.920.610.20.860.020.81-0.920.860.590.640.89-0.950.610.950.460.77
0.09-0.010.50.00.10.120.160.09-0.37-0.350.170.390.070.020.08-0.08-0.20.11-0.060.050.050.170.070.130.1
0.94-0.950.470.930.930.9-0.850.93-0.780.70.870.70.930.810.08-0.960.910.950.880.93-0.930.950.890.890.51
-0.941.0-0.31-0.91-0.95-0.860.94-0.950.64-0.82-0.82-0.51-0.96-0.92-0.08-0.96-0.93-0.83-0.8-0.970.98-0.84-0.97-0.74-0.62
0.95-0.950.290.950.950.89-0.930.95-0.590.860.840.410.960.86-0.20.91-0.930.790.880.96-0.950.780.930.70.49
0.85-0.820.630.880.840.88-0.660.84-0.880.50.870.870.820.590.110.95-0.830.790.890.81-0.781.00.730.990.35
0.91-0.820.560.970.890.94-0.740.9-0.810.620.930.680.880.64-0.060.88-0.80.880.890.87-0.810.890.810.870.42
0.99-0.970.390.970.990.93-0.930.99-0.680.80.90.481.00.890.050.93-0.970.960.810.87-0.960.820.980.720.57
-0.930.99-0.18-0.92-0.93-0.830.98-0.930.55-0.9-0.78-0.41-0.94-0.950.05-0.930.98-0.95-0.78-0.81-0.96-0.79-0.98-0.68-0.7
0.85-0.830.630.880.840.88-0.670.84-0.890.50.880.880.830.610.170.95-0.840.781.00.890.82-0.790.750.980.41
0.95-0.980.250.930.960.86-0.960.96-0.580.860.820.390.970.950.070.89-0.970.930.730.810.98-0.980.750.630.7
0.78-0.720.690.820.760.84-0.540.76-0.920.370.850.930.740.460.130.89-0.740.70.990.870.72-0.680.980.630.27
0.5-0.66-0.250.510.50.36-0.720.5-0.120.750.310.10.520.770.10.51-0.620.490.350.420.57-0.70.410.70.27
Click cells to compare fundamentals

Blue Jet Account Relationship Matchups

Blue Jet fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.4B7.1B8.6B10.6B12.2B7.8B
Short Long Term Debt Total531.2M188.2M49.4M16.1M14.5M13.8M
Other Current Liab307.0M288.2M372.7M503.8M579.3M413.0M
Total Current Liabilities1.6B1.7B1.7B2.1B2.4B1.9B
Total Stockholder Equity3.4B5.2B6.8B8.5B9.7B5.7B
Property Plant And Equipment Net1.4B1.6B1.9B3.2B3.7B2.0B
Net Debt(80.1M)(565.6M)(605.0M)(393.4M)(354.1M)(336.4M)
Retained Earnings3.2B4.9B6.5B8.1B9.3B5.4B
Accounts Payable595.3M565.5M537.9M303.0M272.7M403.5M
Cash611.3M753.7M654.4M409.5M471.0M556.5M
Non Current Assets Total1.5B1.7B2.0B3.5B4.1B2.2B
Non Currrent Assets Other13.4M38.9M36.6M192.2M221.0M232.1M
Cash And Short Term Investments1.1B1.8B2.5B3.1B3.5B2.0B
Net Receivables1.5B2.3B2.4B1.8B2.0B2.0B
Short Term Investments461.6M1.1B1.9B2.7B3.1B3.2B
Liabilities And Stockholders Equity5.4B7.1B8.6B10.6B12.2B7.8B
Non Current Liabilities Total333.5M173.3M67M76.6M68.9M65.5M
Inventory1.2B1.1B1.3B1.3B1.5B1.2B
Other Current Assets303.4M304.9M396.9M903.4M1.0B1.1B
Total Liab2.0B1.9B1.8B2.1B2.5B2.1B
Total Current Assets3.9B5.5B6.6B7.1B8.1B5.6B
Short Term Debt229.3M40.2M18.9M12.3M11.1M10.6M

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