Janux Ptb Ratio vs Income Quality 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 Ptb Ratio and its Income Quality 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.

Ptb Ratio vs Income Quality

Ptb Ratio vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janux Therapeutics Ptb Ratio account and Income Quality. At this time, the significance of the direction appears to have pay attention.
The correlation between Janux Therapeutics' Ptb Ratio and Income Quality is -0.79. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Income Quality 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' Ptb Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Janux Therapeutics are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Ptb Ratio i.e., Janux Therapeutics' Ptb Ratio and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
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 Expense370K4.0M4.6M4.9M
Depreciation And Amortization113K841K2.0M2.1M

Janux Therapeutics fundamental ratios Correlations

0.710.970.971.00.970.79-0.63-0.841.00.910.80.751.00.960.430.520.990.741.00.79-0.481.01.01.0-0.81
0.710.840.790.690.70.94-0.11-0.860.680.650.930.810.680.740.530.680.750.80.690.93-0.530.680.740.68-0.39
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0.970.790.970.970.940.84-0.62-0.830.960.950.840.720.970.940.390.520.960.750.970.83-0.440.970.970.96-0.71
1.00.690.960.970.970.77-0.64-0.831.00.90.780.731.00.960.420.480.990.71.00.77-0.471.01.01.0-0.79
0.970.70.940.940.970.84-0.52-0.90.970.870.850.840.971.00.610.50.970.720.970.84-0.660.970.970.97-0.8
0.790.940.890.840.770.84-0.18-0.960.780.751.00.920.770.880.720.730.830.860.771.0-0.740.770.810.77-0.59
-0.63-0.11-0.53-0.62-0.64-0.52-0.180.16-0.62-0.78-0.180.01-0.65-0.470.29-0.22-0.57-0.38-0.63-0.15-0.22-0.65-0.59-0.650.66
-0.84-0.86-0.9-0.83-0.83-0.9-0.960.16-0.84-0.71-0.97-0.98-0.82-0.93-0.8-0.68-0.88-0.81-0.83-0.970.82-0.83-0.86-0.830.67
1.00.680.970.961.00.970.78-0.62-0.840.90.790.751.00.960.450.520.990.731.00.78-0.51.01.01.0-0.82
0.910.650.90.950.90.870.75-0.78-0.710.90.750.570.910.870.270.570.890.770.90.72-0.320.910.90.91-0.79
0.80.930.890.840.780.851.0-0.18-0.970.790.750.930.780.890.730.730.840.860.781.0-0.750.780.820.78-0.6
0.750.810.80.720.730.840.920.01-0.980.750.570.930.730.870.90.60.790.710.730.94-0.90.730.770.73-0.57
1.00.680.960.971.00.970.77-0.65-0.821.00.910.780.730.960.420.490.990.711.00.76-0.471.01.01.0-0.81
0.960.740.950.940.961.00.88-0.47-0.930.960.870.890.870.960.650.550.970.750.960.88-0.690.960.970.96-0.79
0.430.530.480.390.420.610.720.29-0.80.450.270.730.90.420.650.430.480.470.420.76-1.00.420.450.42-0.39
0.520.680.650.520.480.50.73-0.22-0.680.520.570.730.60.490.550.430.580.960.470.73-0.430.50.530.5-0.69
0.990.750.990.960.990.970.83-0.57-0.880.990.890.840.790.990.970.480.580.780.990.82-0.520.991.00.99-0.81
0.740.80.840.750.70.720.86-0.38-0.810.730.770.860.710.710.750.470.960.780.70.85-0.480.720.750.72-0.78
1.00.690.960.971.00.970.77-0.63-0.831.00.90.780.731.00.960.420.470.990.70.76-0.471.01.01.0-0.79
0.790.930.880.830.770.841.0-0.15-0.970.780.721.00.940.760.880.760.730.820.850.76-0.770.770.810.76-0.59
-0.48-0.53-0.51-0.44-0.47-0.66-0.74-0.220.82-0.5-0.32-0.75-0.9-0.47-0.69-1.0-0.43-0.52-0.48-0.47-0.77-0.47-0.5-0.480.44
1.00.680.960.971.00.970.77-0.65-0.831.00.910.780.731.00.960.420.50.990.721.00.77-0.471.01.0-0.81
1.00.740.980.971.00.970.81-0.59-0.861.00.90.820.771.00.970.450.531.00.751.00.81-0.51.01.0-0.78
1.00.680.960.961.00.970.77-0.65-0.831.00.910.780.731.00.960.420.50.990.721.00.76-0.481.01.0-0.82
-0.81-0.39-0.76-0.71-0.79-0.8-0.590.660.67-0.82-0.79-0.6-0.57-0.81-0.79-0.39-0.69-0.81-0.78-0.79-0.590.44-0.81-0.78-0.82
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Janux Therapeutics Account Relationship Matchups

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