| JEC Stock | | | CAD 0.02 0.01 33.33% |
Jura Energy financial indicator trend analysis is infinitely more than just investigating Jura Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jura Energy is a good investment. Please check the relationship between Jura Energy Total Stockholder Equity and its Capital Lease Obligations accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jura Energy. 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.
Total Stockholder Equity vs Capital Lease Obligations
Total Stockholder Equity vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jura Energy Total Stockholder Equity account and
Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jura Energy's Total Stockholder Equity and Capital Lease Obligations is 0.57. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Jura Energy, assuming nothing else is changed. The correlation between historical values of Jura Energy's Total Stockholder Equity and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Jura Energy are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Stockholder Equity i.e., Jura Energy's Total Stockholder Equity and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.57 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Capital Lease Obligations
Jura Energy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Jura Energy asset purchases. For example, Jura Energy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Jura Energy 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.
Most indicators from Jura Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jura Energy 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 Jura Energy. 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.
Tax Provision is expected to grow at the current pace this year, whereas
Selling General Administrative is likely to drop slightly above 2.5
M in 2024.
Jura Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jura Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jura Energy fundamental ratios Accounts
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Additional Tools for Jura Stock Analysis
When running Jura Energy's price analysis, check to
measure Jura Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jura Energy is operating at the current time. Most of Jura Energy's value examination focuses on studying past and present price action to
predict the probability of Jura Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jura Energy's price. Additionally, you may evaluate how the addition of Jura Energy to your portfolios can decrease your overall portfolio volatility.