Blue Total Stockholder Equity vs Short Term Investments 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 Total Stockholder Equity and its 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.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs 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 Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Blue Jet's Total Stockholder Equity and Short Term Investments is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of 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 Total Stockholder Equity 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 Total Stockholder Equity of Blue Jet Healthcare are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Blue Jet's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of Blue Jet balance sheet. It contains any investments Blue Jet Healthcare undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Blue Jet Healthcare can easily liquidate in the marketplace.
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 Revenue6.8B7.2B7.1B6.9B
Depreciation And Amortization221.5M250.7M280.9M248.4M

Blue Jet fundamental ratios Correlations

-0.970.120.981.00.96-0.921.0-0.610.780.920.351.00.850.030.99-0.970.930.86-0.930.850.99-0.960.810.970.68
-0.970.04-0.97-0.97-0.880.97-0.970.5-0.86-0.82-0.3-0.97-0.930.02-0.940.99-0.94-0.740.97-0.85-0.990.99-0.8-0.97-0.66
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0.98-0.970.040.970.95-0.930.97-0.590.830.90.370.970.82-0.110.95-0.950.950.85-0.910.940.97-0.960.850.950.74
1.0-0.970.120.970.96-0.921.0-0.60.780.920.331.00.850.051.0-0.970.930.86-0.940.830.99-0.950.80.970.66
0.96-0.880.330.950.96-0.790.96-0.770.620.990.510.940.670.070.97-0.880.850.97-0.830.880.91-0.850.870.880.79
-0.920.970.27-0.93-0.92-0.79-0.920.29-0.96-0.71-0.06-0.93-0.960.19-0.880.94-0.96-0.620.93-0.81-0.960.99-0.65-0.96-0.48
1.0-0.970.120.971.00.96-0.92-0.60.780.920.341.00.850.051.0-0.960.930.86-0.930.840.99-0.950.80.970.67
-0.610.5-0.8-0.59-0.6-0.770.29-0.6-0.04-0.83-0.92-0.56-0.18-0.42-0.640.53-0.38-0.870.5-0.63-0.50.43-0.87-0.46-0.91
0.78-0.86-0.520.830.780.62-0.960.78-0.040.52-0.150.80.92-0.390.73-0.820.90.41-0.810.730.85-0.910.470.860.31
0.92-0.820.440.90.920.99-0.710.92-0.830.520.590.90.580.140.94-0.820.780.99-0.780.850.86-0.790.880.830.82
0.35-0.30.790.370.330.51-0.060.34-0.92-0.150.590.29-0.010.440.36-0.340.140.63-0.310.480.25-0.220.80.20.88
1.0-0.970.070.971.00.94-0.931.0-0.560.80.90.290.870.020.99-0.970.940.84-0.940.831.0-0.960.780.980.64
0.85-0.93-0.330.820.850.67-0.960.85-0.180.920.58-0.010.87-0.030.81-0.920.860.47-0.940.640.91-0.940.550.930.35
0.030.020.58-0.110.050.070.190.05-0.42-0.390.140.440.02-0.030.08-0.06-0.310.15-0.17-0.26-0.010.080.160.050.11
0.99-0.940.190.951.00.97-0.881.0-0.640.730.940.360.990.810.08-0.950.910.89-0.910.820.98-0.920.80.950.67
-0.970.99-0.03-0.95-0.97-0.880.94-0.960.53-0.82-0.82-0.34-0.97-0.92-0.06-0.95-0.92-0.750.98-0.81-0.980.98-0.81-0.96-0.66
0.93-0.94-0.130.950.930.85-0.960.93-0.380.90.780.140.940.86-0.310.91-0.920.71-0.850.870.95-0.950.70.910.58
0.86-0.740.520.850.860.97-0.620.86-0.870.410.990.630.840.470.150.89-0.750.71-0.690.810.79-0.70.860.750.83
-0.930.970.02-0.91-0.94-0.830.93-0.930.5-0.81-0.78-0.31-0.94-0.94-0.17-0.910.98-0.85-0.69-0.76-0.960.97-0.77-0.97-0.6
0.85-0.850.070.940.830.88-0.810.84-0.630.730.850.480.830.64-0.260.82-0.810.870.81-0.760.82-0.850.880.790.83
0.99-0.990.00.970.990.91-0.960.99-0.50.850.860.251.00.91-0.010.98-0.980.950.79-0.960.82-0.980.760.990.61
-0.960.990.13-0.96-0.95-0.850.99-0.950.43-0.91-0.79-0.22-0.96-0.940.08-0.920.98-0.95-0.70.97-0.85-0.98-0.76-0.98-0.6
0.81-0.80.430.850.80.87-0.650.8-0.870.470.880.80.780.550.160.8-0.810.70.86-0.770.880.76-0.760.720.97
0.97-0.97-0.060.950.970.88-0.960.97-0.460.860.830.20.980.930.050.95-0.960.910.75-0.970.790.99-0.980.720.55
0.68-0.660.540.740.660.79-0.480.67-0.910.310.820.880.640.350.110.67-0.660.580.83-0.60.830.61-0.60.970.55
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Blue Jet Account Relationship Matchups

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