Blue Net Income vs Change To Account Receivables Analysis
BLUEJET Stock | 519.40 3.65 0.70% |
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 Net Income and its Change To Account Receivables 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.
Net Income vs Change To Account Receivables
Net Income vs Change To Account Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Jet Healthcare Net Income account and Change To Account Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Jet's Net Income and Change To Account Receivables is 0.63. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables 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 Net Income and Change To Account Receivables 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 Income of Blue Jet Healthcare are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., Blue Jet's Net Income and Change To Account Receivables go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Blue Jet Healthcare financial statement analysis. It represents the amount of money remaining after all of Blue Jet Healthcare operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Account Receivables
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 2024. Selling General Administrative is likely to drop to about 64.9 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 6.8B | 7.2B | 7.1B | 6.9B | Depreciation And Amortization | 221.5M | 250.7M | 280.9M | 248.4M |
Blue Jet fundamental ratios Correlations
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Blue Jet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Blue Jet's price analysis, check to measure Blue Jet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blue Jet is operating at the current time. Most of Blue Jet's value examination focuses on studying past and present price action to predict the probability of Blue Jet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Jet's price. Additionally, you may evaluate how the addition of Blue Jet to your portfolios can decrease your overall portfolio volatility.