Jaxon Selling General Administrative vs Total Current Liabilities Analysis

JAX Stock  CAD 0.01  0.00  0.00%   
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 Selling General Administrative and its Total Current Liabilities 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.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jaxon Mining Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jaxon Mining's Selling General Administrative and Total Current Liabilities is 0.23. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities 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 Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Jaxon Mining are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Jaxon Mining's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Jaxon Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jaxon Mining are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Income120.012.6K11.4K8.2K
Reconciled Depreciation63.4K67.0K77.0K40.2K

Jaxon Mining fundamental ratios Correlations

0.950.91.01.0-0.940.830.270.750.91-0.10.520.740.930.970.940.930.16-0.570.770.880.7-0.90.840.80.57
0.950.770.970.97-0.90.660.440.610.78-0.150.670.770.910.880.90.870.38-0.440.630.740.49-0.820.670.620.53
0.90.770.860.86-0.80.980.00.941.00.10.360.660.770.90.790.810.03-0.740.680.840.77-0.810.890.850.36
1.00.970.861.0-0.940.780.320.70.87-0.140.540.740.940.960.940.930.18-0.530.760.860.68-0.890.820.780.6
1.00.970.861.0-0.940.780.320.70.87-0.140.540.740.940.960.940.930.18-0.530.760.860.68-0.890.820.780.6
-0.94-0.9-0.8-0.94-0.94-0.74-0.24-0.64-0.820.06-0.36-0.78-0.94-0.95-0.94-0.95-0.130.41-0.79-0.88-0.630.95-0.79-0.76-0.65
0.830.660.980.780.78-0.74-0.160.970.980.060.20.560.70.870.730.77-0.03-0.760.690.830.77-0.810.890.860.36
0.270.440.00.320.32-0.24-0.16-0.130.0-0.170.810.330.290.090.290.130.20.12-0.170.04-0.10.04-0.06-0.21-0.07
0.750.610.940.70.7-0.640.97-0.130.940.090.270.510.610.760.630.650.0-0.780.530.720.66-0.680.80.730.24
0.910.781.00.870.87-0.820.980.00.940.10.350.670.790.910.810.830.03-0.740.710.860.78-0.830.90.860.4
-0.1-0.150.1-0.14-0.140.060.06-0.170.090.1-0.140.3-0.11-0.08-0.1-0.09-0.15-0.08-0.03-0.020.050.070.020.02-0.09
0.520.670.360.540.54-0.360.20.810.270.35-0.140.490.470.310.450.330.46-0.120.010.20.09-0.150.170.06-0.05
0.740.770.660.740.74-0.780.560.330.510.670.30.490.740.70.720.690.26-0.380.510.60.41-0.660.550.510.43
0.930.910.770.940.94-0.940.70.290.610.79-0.110.470.740.910.990.980.18-0.30.80.910.7-0.90.830.780.55
0.970.880.90.960.96-0.950.870.090.760.91-0.080.310.70.910.930.960.06-0.590.860.930.76-0.960.90.880.65
0.940.90.790.940.94-0.940.730.290.630.81-0.10.450.720.990.930.980.06-0.350.830.940.76-0.890.870.820.6
0.930.870.810.930.93-0.950.770.130.650.83-0.090.330.690.980.960.980.1-0.370.880.950.78-0.950.880.880.62
0.160.380.030.180.18-0.13-0.030.20.00.03-0.150.460.260.180.060.060.10.13-0.22-0.16-0.41-0.12-0.23-0.21-0.19
-0.57-0.44-0.74-0.53-0.530.41-0.760.12-0.78-0.74-0.08-0.12-0.38-0.3-0.59-0.35-0.370.13-0.36-0.45-0.460.47-0.6-0.52-0.32
0.770.630.680.760.76-0.790.69-0.170.530.71-0.030.010.510.80.860.830.88-0.22-0.360.90.85-0.850.870.930.8
0.880.740.840.860.86-0.880.830.040.720.86-0.020.20.60.910.930.940.95-0.16-0.450.90.89-0.90.970.930.57
0.70.490.770.680.68-0.630.77-0.10.660.780.050.090.410.70.760.760.78-0.41-0.460.850.89-0.670.940.950.44
-0.9-0.82-0.81-0.89-0.890.95-0.810.04-0.68-0.830.07-0.15-0.66-0.9-0.96-0.89-0.95-0.120.47-0.85-0.9-0.67-0.83-0.84-0.68
0.840.670.890.820.82-0.790.89-0.060.80.90.020.170.550.830.90.870.88-0.23-0.60.870.970.94-0.830.960.51
0.80.620.850.780.78-0.760.86-0.210.730.860.020.060.510.780.880.820.88-0.21-0.520.930.930.95-0.840.960.57
0.570.530.360.60.6-0.650.36-0.070.240.4-0.09-0.050.430.550.650.60.62-0.19-0.320.80.570.44-0.680.510.57
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Jaxon Mining Account Relationship Matchups

Jaxon Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9M5.5M7.9M8.1M9.3M9.8M
Total Current Liabilities519.6K260.0K835.0K1.5M1.7M1.8M
Total Stockholder Equity5.4M5.2M7.0M6.6M7.6M8.0M
Net Tangible Assets5.4M5.2M7.0M6.6M7.6M8.0M
Retained Earnings(12.8M)(13.0M)(14.0M)(14.6M)(13.2M)(13.8M)
Accounts Payable162.3K123.4K647.8K1.4M1.6M1.6M
Cash1.8M429.2K35.5K84.5K97.1K92.3K
Net Receivables39.8K18.7K15.0K813.7K935.8K982.6K
Total Liab519.6K342.9K887.1K1.5M1.7M1.8M
Total Current Assets1.9M493.0K103.5K977.1K1.1M855.8K
Common Stock16.2M16.2M18.7M18.8M21.7M13.7M
Property Plant Equipment4.0M5.0M7.7M7.0M8.1M8.5M
Other Stockholder Equity2.0M2.0M2.4M2.4M2.8M1.7M
Non Current Assets Total4.0M5.1M7.8M7.1M8.2M4.8M
Non Currrent Assets Other2.3M4.0M119.8K91K81.9K77.8K
Common Stock Shares Outstanding125.8M126.0M161.1M168.0M193.2M137.3M
Net Invested Capital5.4M5.3M7.1M6.7M7.7M6.2M
Net Working Capital1.4M232.9K(731.5K)(483.3K)(435.0K)(413.2K)
Capital Stock16.2M16.2M18.7M18.8M21.7M18.6M

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Additional Tools for Jaxon Stock Analysis

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