Jaxon Capital Lease Obligations vs Retained Earnings Analysis

JAX Stock

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Jaxon Mining financial indicator trend analysis is infinitely more than just investigating Jaxon Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jaxon Mining is a good investment. Please check the relationship between Jaxon Mining Capital Lease Obligations and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaxon Mining. 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.

Capital Lease Obligations vs Retained Earnings

Capital Lease Obligations vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jaxon Mining Capital Lease Obligations account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Jaxon Mining's Capital Lease Obligations and Retained Earnings is -0.65. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jaxon Mining, assuming nothing else is changed. The correlation between historical values of Jaxon Mining's Capital Lease Obligations and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Jaxon Mining are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Lease Obligations i.e., Jaxon Mining's Capital Lease Obligations and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Lease Obligations

Jaxon Mining capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Jaxon Mining asset purchases. For example, Jaxon Mining can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Jaxon Mining control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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.

Most indicators from Jaxon Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jaxon Mining 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 Jaxon Mining. 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.

Selling General Administrative is likely to climb to about 787.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 145.6 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	120.0	12.6K	11.4K	8.2K
Reconciled Depreciation	63.4K	67.0K	77.0K	40.2K

Interest Income Reconciled Depreciation

Jaxon Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Other Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Other Current Assets	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		0.95	0.9	1.0	1.0	-0.94	0.83	0.27	0.75	0.91	-0.1	0.52	0.74	0.93	0.97	0.94	0.93	0.16	-0.57	0.77	0.88	0.7	-0.9	0.84	0.8	0.57
Other Current Liab	0.95		0.77	0.97	0.97	-0.9	0.66	0.44	0.61	0.78	-0.15	0.67	0.77	0.91	0.88	0.9	0.87	0.38	-0.44	0.63	0.74	0.49	-0.82	0.67	0.62	0.53
Total Current Liabilities	0.9	0.77		0.86	0.86	-0.8	0.98	0.0	0.94	1.0	0.1	0.36	0.66	0.77	0.9	0.79	0.81	0.03	-0.74	0.68	0.84	0.77	-0.81	0.89	0.85	0.36
Total Stockholder Equity	1.0	0.97	0.86		1.0	-0.94	0.78	0.32	0.7	0.87	-0.14	0.54	0.74	0.94	0.96	0.94	0.93	0.18	-0.53	0.76	0.86	0.68	-0.89	0.82	0.78	0.6
Net Tangible Assets	1.0	0.97	0.86	1.0		-0.94	0.78	0.32	0.7	0.87	-0.14	0.54	0.74	0.94	0.96	0.94	0.93	0.18	-0.53	0.76	0.86	0.68	-0.89	0.82	0.78	0.6
Retained Earnings	-0.94	-0.9	-0.8	-0.94	-0.94		-0.74	-0.24	-0.64	-0.82	0.06	-0.36	-0.78	-0.94	-0.95	-0.94	-0.95	-0.13	0.41	-0.79	-0.88	-0.63	0.95	-0.79	-0.76	-0.65
Accounts Payable	0.83	0.66	0.98	0.78	0.78	-0.74		-0.16	0.97	0.98	0.06	0.2	0.56	0.7	0.87	0.73	0.77	-0.03	-0.76	0.69	0.83	0.77	-0.81	0.89	0.86	0.36
Cash	0.27	0.44	0.0	0.32	0.32	-0.24	-0.16		-0.13	0.0	-0.17	0.81	0.33	0.29	0.09	0.29	0.13	0.2	0.12	-0.17	0.04	-0.1	0.04	-0.06	-0.21	-0.07
Net Receivables	0.75	0.61	0.94	0.7	0.7	-0.64	0.97	-0.13		0.94	0.09	0.27	0.51	0.61	0.76	0.63	0.65	0.0	-0.78	0.53	0.72	0.66	-0.68	0.8	0.73	0.24
Total Liab	0.91	0.78	1.0	0.87	0.87	-0.82	0.98	0.0	0.94		0.1	0.35	0.67	0.79	0.91	0.81	0.83	0.03	-0.74	0.71	0.86	0.78	-0.83	0.9	0.86	0.4
Short Long Term Debt	-0.1	-0.15	0.1	-0.14	-0.14	0.06	0.06	-0.17	0.09	0.1		-0.14	0.3	-0.11	-0.08	-0.1	-0.09	-0.15	-0.08	-0.03	-0.02	0.05	0.07	0.02	0.02	-0.09
Total Current Assets	0.52	0.67	0.36	0.54	0.54	-0.36	0.2	0.81	0.27	0.35	-0.14		0.49	0.47	0.31	0.45	0.33	0.46	-0.12	0.01	0.2	0.09	-0.15	0.17	0.06	-0.05
Short Term Debt	0.74	0.77	0.66	0.74	0.74	-0.78	0.56	0.33	0.51	0.67	0.3	0.49		0.74	0.7	0.72	0.69	0.26	-0.38	0.51	0.6	0.41	-0.66	0.55	0.51	0.43
Common Stock	0.93	0.91	0.77	0.94	0.94	-0.94	0.7	0.29	0.61	0.79	-0.11	0.47	0.74		0.91	0.99	0.98	0.18	-0.3	0.8	0.91	0.7	-0.9	0.83	0.78	0.55
Property Plant Equipment	0.97	0.88	0.9	0.96	0.96	-0.95	0.87	0.09	0.76	0.91	-0.08	0.31	0.7	0.91		0.93	0.96	0.06	-0.59	0.86	0.93	0.76	-0.96	0.9	0.88	0.65
Other Stockholder Equity	0.94	0.9	0.79	0.94	0.94	-0.94	0.73	0.29	0.63	0.81	-0.1	0.45	0.72	0.99	0.93		0.98	0.06	-0.35	0.83	0.94	0.76	-0.89	0.87	0.82	0.6
Non Current Assets Total	0.93	0.87	0.81	0.93	0.93	-0.95	0.77	0.13	0.65	0.83	-0.09	0.33	0.69	0.98	0.96	0.98		0.1	-0.37	0.88	0.95	0.78	-0.95	0.88	0.88	0.62
Non Currrent Assets Other	0.16	0.38	0.03	0.18	0.18	-0.13	-0.03	0.2	0.0	0.03	-0.15	0.46	0.26	0.18	0.06	0.06	0.1		0.13	-0.22	-0.16	-0.41	-0.12	-0.23	-0.21	-0.19
Other Current Assets	-0.57	-0.44	-0.74	-0.53	-0.53	0.41	-0.76	0.12	-0.78	-0.74	-0.08	-0.12	-0.38	-0.3	-0.59	-0.35	-0.37	0.13		-0.36	-0.45	-0.46	0.47	-0.6	-0.52	-0.32
Other Assets	0.77	0.63	0.68	0.76	0.76	-0.79	0.69	-0.17	0.53	0.71	-0.03	0.01	0.51	0.8	0.86	0.83	0.88	-0.22	-0.36		0.9	0.85	-0.85	0.87	0.93	0.8
Common Stock Shares Outstanding	0.88	0.74	0.84	0.86	0.86	-0.88	0.83	0.04	0.72	0.86	-0.02	0.2	0.6	0.91	0.93	0.94	0.95	-0.16	-0.45	0.9		0.89	-0.9	0.97	0.93	0.57
Net Invested Capital	0.7	0.49	0.77	0.68	0.68	-0.63	0.77	-0.1	0.66	0.78	0.05	0.09	0.41	0.7	0.76	0.76	0.78	-0.41	-0.46	0.85	0.89		-0.67	0.94	0.95	0.44
Net Working Capital	-0.9	-0.82	-0.81	-0.89	-0.89	0.95	-0.81	0.04	-0.68	-0.83	0.07	-0.15	-0.66	-0.9	-0.96	-0.89	-0.95	-0.12	0.47	-0.85	-0.9	-0.67		-0.83	-0.84	-0.68
Capital Stock	0.84	0.67	0.89	0.82	0.82	-0.79	0.89	-0.06	0.8	0.9	0.02	0.17	0.55	0.83	0.9	0.87	0.88	-0.23	-0.6	0.87	0.97	0.94	-0.83		0.96	0.51
Property Plant And Equipment Net	0.8	0.62	0.85	0.78	0.78	-0.76	0.86	-0.21	0.73	0.86	0.02	0.06	0.51	0.78	0.88	0.82	0.88	-0.21	-0.52	0.93	0.93	0.95	-0.84	0.96		0.57
Capital Lease Obligations	0.57	0.53	0.36	0.6	0.6	-0.65	0.36	-0.07	0.24	0.4	-0.09	-0.05	0.43	0.55	0.65	0.6	0.62	-0.19	-0.32	0.8	0.57	0.44	-0.68	0.51	0.57

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Jaxon Mining Account Relationship Matchups

Jaxon Mining fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9M	5.5M	7.9M	8.1M	9.3M	9.8M
Total Current Liabilities	519.6K	260.0K	835.0K	1.5M	1.7M	1.8M
Total Stockholder Equity	5.4M	5.2M	7.0M	6.6M	7.6M	8.0M
Net Tangible Assets	5.4M	5.2M	7.0M	6.6M	7.6M	8.0M
Retained Earnings	(12.8M)	(13.0M)	(14.0M)	(14.6M)	(13.2M)	(13.8M)
Accounts Payable	162.3K	123.4K	647.8K	1.4M	1.6M	1.6M
Cash	1.8M	429.2K	35.5K	84.5K	97.1K	92.3K
Net Receivables	39.8K	18.7K	15.0K	813.7K	935.8K	982.6K
Total Liab	519.6K	342.9K	887.1K	1.5M	1.7M	1.8M
Total Current Assets	1.9M	493.0K	103.5K	977.1K	1.1M	855.8K
Common Stock	16.2M	16.2M	18.7M	18.8M	21.7M	13.7M
Property Plant Equipment	4.0M	5.0M	7.7M	7.0M	8.1M	8.5M
Other Stockholder Equity	2.0M	2.0M	2.4M	2.4M	2.8M	1.7M
Non Current Assets Total	4.0M	5.1M	7.8M	7.1M	8.2M	4.8M
Non Currrent Assets Other	2.3M	4.0M	119.8K	91K	81.9K	77.8K
Common Stock Shares Outstanding	125.8M	126.0M	161.1M	168.0M	193.2M	137.3M
Net Invested Capital	5.4M	5.3M	7.1M	6.7M	7.7M	6.2M
Net Working Capital	1.4M	232.9K	(731.5K)	(483.3K)	(435.0K)	(413.2K)
Capital Stock	16.2M	16.2M	18.7M	18.8M	21.7M	18.6M

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