Jackpot Total Current Assets vs Total Revenue Analysis

JJ Stock

CAD 0.07 0.01 7.14%

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

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jackpot Digital Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Jackpot Digital's Total Current Assets and Total Revenue is -0.52. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Jackpot Digital, assuming nothing else is changed. The correlation between historical values of Jackpot Digital's Total Current Assets and Total Revenue 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 Current Assets of Jackpot Digital are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Jackpot Digital's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Jackpot Digital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Jackpot Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jackpot Digital 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 Jackpot Digital. 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 drop to about 2.4 M in 2024. Tax Provision is likely to climb to about (311.8 K) in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	199.1K	1.1M	1.7M	1.0M
Total Revenue	419.7K	1.4M	2.1M	1.5M

Gross Profit Total Revenue

Jackpot Digital fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Other Assets	Common Stock Shares Outstanding	Net Invested Capital	Long Term Investments
Total Assets		0.85	0.52	0.09	-0.74	-0.84	0.67	-0.26	-0.79	1.0	-0.73	-0.53	0.86	-0.1	0.16	0.66	-0.19	-0.28	0.87	-0.66	-0.63	0.17	0.79	-0.49	-0.26	-0.3
Other Current Liab	0.85		0.41	0.2	-0.92	-0.91	0.78	-0.63	-0.62	0.85	-0.97	-0.79	0.74	-0.14	0.1	0.42	-0.31	-0.24	0.93	-0.86	-0.85	-0.2	0.88	-0.62	-0.36	-0.33
Total Current Liabilities	0.52	0.41		0.09	-0.57	-0.55	0.53	-0.22	-0.74	0.55	-0.39	-0.27	0.65	-0.69	0.5	0.37	0.6	-0.71	0.64	-0.6	-0.33	0.29	0.59	-0.46	-0.01	-0.57
Total Stockholder Equity	0.09	0.2	0.09		-0.21	0.05	0.62	-0.63	-0.1	0.1	-0.23	-0.53	0.23	-0.69	0.66	-0.67	0.39	-0.49	0.27	-0.39	-0.08	-0.1	0.17	-0.53	0.6	0.15
Other Liab	-0.74	-0.92	-0.57	-0.21		0.94	-0.84	0.74	0.55	-0.76	0.94	0.86	-0.64	0.31	-0.26	-0.35	0.13	0.48	-0.96	0.97	0.88	0.25	-0.97	0.76	0.32	0.36
Net Tangible Assets	-0.84	-0.91	-0.55	0.05	0.94		-0.72	0.5	0.58	-0.85	0.88	0.71	-0.64	0.09	-0.05	-0.63	0.25	0.33	-0.93	0.86	0.85	0.07	-0.94	0.62	0.45	0.4
Retained Earnings	0.67	0.78	0.53	0.62	-0.84	-0.72		-0.74	-0.47	0.68	-0.76	-0.86	0.59	-0.58	0.55	0.04	0.16	-0.58	0.89	-0.9	-0.66	-0.02	0.83	-0.89	0.12	-0.35
Accounts Payable	-0.26	-0.63	-0.22	-0.63	0.74	0.5	-0.74		0.17	-0.28	0.75	0.89	-0.3	0.48	-0.39	0.34	0.0	0.52	-0.62	0.83	0.65	0.56	-0.63	0.72	-0.01	0.0
Cash	-0.79	-0.62	-0.74	-0.1	0.55	0.58	-0.47	0.17		-0.81	0.57	0.35	-0.97	0.35	-0.43	-0.49	-0.24	0.5	-0.71	0.55	0.27	-0.26	-0.54	0.41	0.01	0.41
Non Current Assets Total	1.0	0.85	0.55	0.1	-0.76	-0.85	0.68	-0.28	-0.81		-0.74	-0.56	0.88	-0.13	0.19	0.65	-0.16	-0.33	0.89	-0.69	-0.63	0.17	0.8	-0.52	-0.24	-0.3
Non Currrent Assets Other	-0.73	-0.97	-0.39	-0.23	0.94	0.88	-0.76	0.75	0.57	-0.74		0.86	-0.68	0.17	-0.15	-0.29	0.27	0.33	-0.9	0.91	0.82	0.31	-0.85	0.68	0.31	0.31
Long Term Debt	-0.53	-0.79	-0.27	-0.53	0.86	0.71	-0.86	0.89	0.35	-0.56	0.86		-0.47	0.32	-0.42	0.06	0.09	0.53	-0.81	0.91	0.66	0.29	-0.76	0.89	-0.06	0.14
Net Receivables	0.86	0.74	0.65	0.23	-0.64	-0.64	0.59	-0.3	-0.97	0.88	-0.68	-0.47		-0.34	0.43	0.43	0.1	-0.44	0.79	-0.63	-0.41	0.13	0.63	-0.48	-0.06	-0.37
Non Current Liabilities Total	-0.1	-0.14	-0.69	-0.69	0.31	0.09	-0.58	0.48	0.35	-0.13	0.17	0.32	-0.34		-0.74	0.37	-0.81	0.76	-0.35	0.48	0.11	-0.11	-0.3	0.49	-0.44	0.26
Other Stockholder Equity	0.16	0.1	0.5	0.66	-0.26	-0.05	0.55	-0.39	-0.43	0.19	-0.15	-0.42	0.43	-0.74		-0.37	0.66	-0.71	0.37	-0.41	0.12	0.12	0.25	-0.7	0.62	-0.31
Total Liab	0.66	0.42	0.37	-0.67	-0.35	-0.63	0.04	0.34	-0.49	0.65	-0.29	0.06	0.43	0.37	-0.37		-0.33	0.13	0.42	-0.16	-0.38	0.31	0.44	0.06	-0.6	-0.34
Short Long Term Debt	-0.19	-0.31	0.6	0.39	0.13	0.25	0.16	0.0	-0.24	-0.16	0.27	0.09	0.1	-0.81	0.66	-0.33		-0.68	-0.03	-0.05	0.4	0.49	-0.14	-0.21	0.67	-0.24
Total Current Assets	-0.28	-0.24	-0.71	-0.49	0.48	0.33	-0.58	0.52	0.5	-0.33	0.33	0.53	-0.44	0.76	-0.71	0.13	-0.68		-0.5	0.62	0.16	-0.18	-0.43	0.65	-0.43	0.05
Intangible Assets	0.87	0.93	0.64	0.27	-0.96	-0.93	0.89	-0.62	-0.71	0.89	-0.9	-0.81	0.79	-0.35	0.37	0.42	-0.03	-0.5		-0.93	-0.77	-0.04	0.94	-0.79	-0.19	-0.45
Common Stock	-0.66	-0.86	-0.6	-0.39	0.97	0.86	-0.9	0.83	0.55	-0.69	0.91	0.91	-0.63	0.48	-0.41	-0.16	-0.05	0.62	-0.93		0.79	0.22	-0.91	0.85	0.12	0.34
Property Plant Equipment	-0.63	-0.85	-0.33	-0.08	0.88	0.85	-0.66	0.65	0.27	-0.63	0.82	0.66	-0.41	0.11	0.12	-0.38	0.4	0.16	-0.77	0.79		0.46	-0.9	0.44	0.64	0.16
Net Debt	0.17	-0.2	0.29	-0.1	0.25	0.07	-0.02	0.56	-0.26	0.17	0.31	0.29	0.13	-0.11	0.12	0.31	0.49	-0.18	-0.04	0.22	0.46		-0.23	0.03	0.5	-0.24
Other Assets	0.79	0.88	0.59	0.17	-0.97	-0.94	0.83	-0.63	-0.54	0.8	-0.85	-0.76	0.63	-0.3	0.25	0.44	-0.14	-0.43	0.94	-0.91	-0.9	-0.23		-0.7	-0.4	-0.38
Common Stock Shares Outstanding	-0.49	-0.62	-0.46	-0.53	0.76	0.62	-0.89	0.72	0.41	-0.52	0.68	0.89	-0.48	0.49	-0.7	0.06	-0.21	0.65	-0.79	0.85	0.44	0.03	-0.7		-0.28	0.4
Net Invested Capital	-0.26	-0.36	-0.01	0.6	0.32	0.45	0.12	-0.01	0.01	-0.24	0.31	-0.06	-0.06	-0.44	0.62	-0.6	0.67	-0.43	-0.19	0.12	0.64	0.5	-0.4	-0.28		0.09
Long Term Investments	-0.3	-0.33	-0.57	0.15	0.36	0.4	-0.35	0.0	0.41	-0.3	0.31	0.14	-0.37	0.26	-0.31	-0.34	-0.24	0.05	-0.45	0.34	0.16	-0.24	-0.38	0.4	0.09

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Jackpot Digital Account Relationship Matchups

Jackpot Digital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6M	3.1M	4.4M	3.8M	6.0M	3.8M
Other Current Liab	176.8K	10K	121.6K	85.6K	77.0K	73.2K
Total Current Liabilities	8.9M	5.1M	5.5M	11.2M	8.0M	7.4M
Total Stockholder Equity	(4.8M)	(6.9M)	(6.4M)	(8.2M)	(10.4M)	(10.9M)
Other Liab	334.5K	445.6K	482.7K	473.1K	544.1K	441.4K
Net Tangible Assets	(9.7M)	(8.1M)	(5.7M)	(6.9M)	(8.0M)	(8.4M)
Retained Earnings	(59.5M)	(62.1M)	(68.2M)	(73.0M)	(75.4M)	(79.2M)
Accounts Payable	1.3M	1.3M	1.2M	1.5M	2.7M	1.7M
Cash	37.5K	438.6K	252.9K	101.3K	99.9K	155.8K
Non Current Assets Total	4.1M	2.4M	3.8M	3.2M	5.2M	3.3M
Net Receivables	467.5K	21.3K	219.8K	326.3K	355.7K	252.5K
Non Current Liabilities Total	482.7K	4.9M	5.4M	762.5K	8.3M	8.7M
Other Stockholder Equity	2.1M	2.1M	2.5M	1.6M	1.5M	1.6M
Total Liab	9.4M	10.0M	10.8M	12.0M	16.3M	13.4M
Short Long Term Debt	5.3M	1.1M	726.6K	5.2M	270.3K	256.8K
Total Current Assets	558.7K	706.5K	567.2K	599.6K	733.4K	639.8K
Intangible Assets	1.3M	948.5K	87.8K	156.4K	348.0K	330.6K
Common Stock	45.8M	49.5M	52.2M	53.5M	61.5M	53.6M
Property Plant Equipment	2.0M	3.1M	3.1M	2.3M	2.7M	2.7M
Net Debt	5.2M	5.1M	4.7M	5.1M	7.2M	4.7M
Common Stock Shares Outstanding	15.1M	45.8M	84.9M	132.0M	133.4M	66.7M
Net Invested Capital	514.0K	(1.4M)	(1.4M)	(3.0M)	(3.0M)	(2.9M)
Long Term Investments	4.7K	3.9K	101.6K	9.1K	6.7K	6.4K
Net Working Capital	(8.3M)	(4.4M)	(4.9M)	(10.6M)	(7.3M)	(7.6M)
Capital Lease Obligations	191.7K	0.0	638.6K	298.0K	899.3K	944.3K
Capital Stock	52.2M	53.5M	59.0M	62.0M	62.2M	62.1M

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