Janux Interest Coverage vs Roic Analysis

JANX Stock

USD 48.82 1.49 2.96%

Janux Therapeutics financial indicator trend analysis is infinitely more than just investigating Janux Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janux Therapeutics is a good investment. Please check the relationship between Janux Therapeutics Interest Coverage and its Roic accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janux Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Janux Stock please use our How to Invest in Janux Therapeutics guide.

Interest Coverage vs Roic

Interest Coverage vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janux Therapeutics Interest Coverage account and Roic. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Janux Therapeutics' Interest Coverage and Roic is 0.58. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Roic in the same time period over historical financial statements of Janux Therapeutics, assuming nothing else is changed. The correlation between historical values of Janux Therapeutics' Interest Coverage and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Janux Therapeutics are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Interest Coverage i.e., Janux Therapeutics' Interest Coverage and Roic go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Interest Coverage

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Janux Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janux Therapeutics 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janux Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Janux Stock please use our How to Invest in Janux Therapeutics guide.At this time, Janux Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 850.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	370K	4.0M	4.6M	4.9M
Depreciation And Amortization	113K	841K	2.0M	2.1M

Interest Expense Depreciation And Amortization

Janux Therapeutics fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Short Term Debt
Total Assets		0.71	0.97	0.97	1.0	0.97	0.79	-0.63	-0.84	1.0	0.91	0.8	0.75	1.0	0.96	0.43	0.52	0.99	0.74	1.0	0.79	-0.48	1.0	1.0	1.0	-0.81
Short Long Term Debt Total	0.71		0.84	0.79	0.69	0.7	0.94	-0.11	-0.86	0.68	0.65	0.93	0.81	0.68	0.74	0.53	0.68	0.75	0.8	0.69	0.93	-0.53	0.68	0.74	0.68	-0.39
Other Current Liab	0.97	0.84		0.97	0.96	0.94	0.89	-0.53	-0.9	0.97	0.9	0.89	0.8	0.96	0.95	0.48	0.65	0.99	0.84	0.96	0.88	-0.51	0.96	0.98	0.96	-0.76
Total Current Liabilities	0.97	0.79	0.97		0.97	0.94	0.84	-0.62	-0.83	0.96	0.95	0.84	0.72	0.97	0.94	0.39	0.52	0.96	0.75	0.97	0.83	-0.44	0.97	0.97	0.96	-0.71
Total Stockholder Equity	1.0	0.69	0.96	0.97		0.97	0.77	-0.64	-0.83	1.0	0.9	0.78	0.73	1.0	0.96	0.42	0.48	0.99	0.7	1.0	0.77	-0.47	1.0	1.0	1.0	-0.79
Net Tangible Assets	0.97	0.7	0.94	0.94	0.97		0.84	-0.52	-0.9	0.97	0.87	0.85	0.84	0.97	1.0	0.61	0.5	0.97	0.72	0.97	0.84	-0.66	0.97	0.97	0.97	-0.8
Property Plant And Equipment Net	0.79	0.94	0.89	0.84	0.77	0.84		-0.18	-0.96	0.78	0.75	1.0	0.92	0.77	0.88	0.72	0.73	0.83	0.86	0.77	1.0	-0.74	0.77	0.81	0.77	-0.59
Net Debt	-0.63	-0.11	-0.53	-0.62	-0.64	-0.52	-0.18		0.16	-0.62	-0.78	-0.18	0.01	-0.65	-0.47	0.29	-0.22	-0.57	-0.38	-0.63	-0.15	-0.22	-0.65	-0.59	-0.65	0.66
Retained Earnings	-0.84	-0.86	-0.9	-0.83	-0.83	-0.9	-0.96	0.16		-0.84	-0.71	-0.97	-0.98	-0.82	-0.93	-0.8	-0.68	-0.88	-0.81	-0.83	-0.97	0.82	-0.83	-0.86	-0.83	0.67
Accounts Payable	1.0	0.68	0.97	0.96	1.0	0.97	0.78	-0.62	-0.84		0.9	0.79	0.75	1.0	0.96	0.45	0.52	0.99	0.73	1.0	0.78	-0.5	1.0	1.0	1.0	-0.82
Cash	0.91	0.65	0.9	0.95	0.9	0.87	0.75	-0.78	-0.71	0.9		0.75	0.57	0.91	0.87	0.27	0.57	0.89	0.77	0.9	0.72	-0.32	0.91	0.9	0.91	-0.79
Non Current Assets Total	0.8	0.93	0.89	0.84	0.78	0.85	1.0	-0.18	-0.97	0.79	0.75		0.93	0.78	0.89	0.73	0.73	0.84	0.86	0.78	1.0	-0.75	0.78	0.82	0.78	-0.6
Non Currrent Assets Other	0.75	0.81	0.8	0.72	0.73	0.84	0.92	0.01	-0.98	0.75	0.57	0.93		0.73	0.87	0.9	0.6	0.79	0.71	0.73	0.94	-0.9	0.73	0.77	0.73	-0.57
Cash And Short Term Investments	1.0	0.68	0.96	0.97	1.0	0.97	0.77	-0.65	-0.82	1.0	0.91	0.78	0.73		0.96	0.42	0.49	0.99	0.71	1.0	0.76	-0.47	1.0	1.0	1.0	-0.81
Common Stock Total Equity	0.96	0.74	0.95	0.94	0.96	1.0	0.88	-0.47	-0.93	0.96	0.87	0.89	0.87	0.96		0.65	0.55	0.97	0.75	0.96	0.88	-0.69	0.96	0.97	0.96	-0.79
Common Stock Shares Outstanding	0.43	0.53	0.48	0.39	0.42	0.61	0.72	0.29	-0.8	0.45	0.27	0.73	0.9	0.42	0.65		0.43	0.48	0.47	0.42	0.76	-1.0	0.42	0.45	0.42	-0.39
Non Current Liabilities Total	0.52	0.68	0.65	0.52	0.48	0.5	0.73	-0.22	-0.68	0.52	0.57	0.73	0.6	0.49	0.55	0.43		0.58	0.96	0.47	0.73	-0.43	0.5	0.53	0.5	-0.69
Other Stockholder Equity	0.99	0.75	0.99	0.96	0.99	0.97	0.83	-0.57	-0.88	0.99	0.89	0.84	0.79	0.99	0.97	0.48	0.58		0.78	0.99	0.82	-0.52	0.99	1.0	0.99	-0.81
Total Liab	0.74	0.8	0.84	0.75	0.7	0.72	0.86	-0.38	-0.81	0.73	0.77	0.86	0.71	0.71	0.75	0.47	0.96	0.78		0.7	0.85	-0.48	0.72	0.75	0.72	-0.78
Net Invested Capital	1.0	0.69	0.96	0.97	1.0	0.97	0.77	-0.63	-0.83	1.0	0.9	0.78	0.73	1.0	0.96	0.42	0.47	0.99	0.7		0.76	-0.47	1.0	1.0	1.0	-0.79
Property Plant And Equipment Gross	0.79	0.93	0.88	0.83	0.77	0.84	1.0	-0.15	-0.97	0.78	0.72	1.0	0.94	0.76	0.88	0.76	0.73	0.82	0.85	0.76		-0.77	0.77	0.81	0.76	-0.59
Short Long Term Debt	-0.48	-0.53	-0.51	-0.44	-0.47	-0.66	-0.74	-0.22	0.82	-0.5	-0.32	-0.75	-0.9	-0.47	-0.69	-1.0	-0.43	-0.52	-0.48	-0.47	-0.77		-0.47	-0.5	-0.48	0.44
Total Current Assets	1.0	0.68	0.96	0.97	1.0	0.97	0.77	-0.65	-0.83	1.0	0.91	0.78	0.73	1.0	0.96	0.42	0.5	0.99	0.72	1.0	0.77	-0.47		1.0	1.0	-0.81
Capital Stock	1.0	0.74	0.98	0.97	1.0	0.97	0.81	-0.59	-0.86	1.0	0.9	0.82	0.77	1.0	0.97	0.45	0.53	1.0	0.75	1.0	0.81	-0.5	1.0		1.0	-0.78
Net Working Capital	1.0	0.68	0.96	0.96	1.0	0.97	0.77	-0.65	-0.83	1.0	0.91	0.78	0.73	1.0	0.96	0.42	0.5	0.99	0.72	1.0	0.76	-0.48	1.0	1.0		-0.82
Short Term Debt	-0.81	-0.39	-0.76	-0.71	-0.79	-0.8	-0.59	0.66	0.67	-0.82	-0.79	-0.6	-0.57	-0.81	-0.79	-0.39	-0.69	-0.81	-0.78	-0.79	-0.59	0.44	-0.81	-0.78	-0.82

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Janux Therapeutics Account Relationship Matchups

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Janux Interest Coverage vs Roic Analysis

Interest Coverage vs Roic

Interest Coverage vs Roic Correlation Analysis

Correlation Coefficient

Interest Coverage

Roic

Janux Therapeutics fundamental ratios Correlations

Janux Therapeutics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Capital Stock	+ 1.0	Total Assets

Short Long Term Debt	- 1.0	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.98	Retained Earnings
Property Plant And Equipment Gross	- 0.97	Retained Earnings
Non Current Assets Total	- 0.97	Retained Earnings
Retained Earnings	- 0.96	Property Plant And Equipment Net
Common Stock Total Equity	- 0.93	Retained Earnings