Blue Retained Earnings vs Common Stock 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 Retained Earnings and its Common Stock 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.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Jet Healthcare Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blue Jet's Retained Earnings and Common Stock is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock 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 Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Blue Jet Healthcare are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Blue Jet's Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

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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