Jewett Net Receivables vs Retained Earnings Analysis
| JCTC Stock | 4.36 0.05 1.13% |
Jewett Cameron financial indicator trend analysis is infinitely more than just investigating Jewett Cameron Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jewett Cameron Trading is a good investment. Please check the relationship between Jewett Cameron Net Receivables and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jewett Cameron Trading Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jewett Cameron's Net Receivables and Retained Earnings is -0.43. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jewett Cameron Trading, assuming nothing else is changed. The correlation between historical values of Jewett Cameron's Net Receivables 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 Net Receivables of Jewett Cameron Trading 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 Net Receivables i.e., Jewett Cameron's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.43 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Receivables
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 Jewett Cameron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jewett Cameron Trading 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 Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. As of November 23, 2024, Tax Provision is expected to decline to about 53.9 K. In addition to that, Selling General Administrative is expected to decline to about 11.4 M
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.8M | 12.2M | 11.0M | 10.5M | Total Revenue | 62.9M | 54.3M | 62.4M | 60.4M |
Jewett Cameron fundamental ratios Correlations
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Jewett Cameron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Jewett Cameron Trading offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jewett Cameron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jewett Cameron Trading Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jewett Cameron Trading Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jewett Cameron. If investors know Jewett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jewett Cameron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jewett Cameron Trading is measured differently than its book value, which is the value of Jewett that is recorded on the company's balance sheet. Investors also form their own opinion of Jewett Cameron's value that differs from its market value or its book value, called intrinsic value, which is Jewett Cameron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jewett Cameron's market value can be influenced by many factors that don't directly affect Jewett Cameron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jewett Cameron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jewett Cameron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jewett Cameron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.