Journey Historical Financial Ratios
| JOY Stock | CAD 2.14 0.02 0.94% |
Journey Energy is lately reporting on over 90 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.17 or Days Sales Outstanding of 60.91 will help investors to properly organize and evaluate Journey Energy financial condition quickly.
Journey |
About Journey Financial Ratios Analysis
Journey EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Journey Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Journey financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Journey Energy history.
Journey Energy Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Journey Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Journey Energy sales, a figure that is much harder to manipulate than other Journey Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Journey Energy dividend as a percentage of Journey Energy stock price. Journey Energy dividend yield is a measure of Journey Energy stock productivity, which can be interpreted as interest rate earned on an Journey Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Most ratios from Journey Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Journey Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Journey 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. At this time, Journey Energy's EV To Sales is very stable compared to the past year. As of the 1st of December 2024, Free Cash Flow Per Share is likely to grow to 0.35, while Book Value Per Share is likely to drop 4.17.
| 2023 | 2024 (projected) | Dividend Yield | 0.0959 | 0.0666 | Price To Sales Ratio | 1.25 | 1.68 |
Journey Energy fundamentals Correlations
Click cells to compare fundamentals
Journey Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Journey Energy fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.63 | 0.15 | 0.99 | 1.22 | 1.25 | 1.68 | |
| Ptb Ratio | 2.14 | (0.5) | 1.45 | 1.01 | 0.74 | 1.17 | |
| Days Sales Outstanding | 50.79 | 49.9 | 59.48 | 45.98 | 48.3 | 60.91 | |
| Book Value Per Share | 0.8 | (0.46) | 1.86 | 5.41 | 5.25 | 4.17 | |
| Free Cash Flow Yield | 0.0986 | 0.45 | 0.29 | 0.017 | 0.087 | 0.0913 | |
| Operating Cash Flow Per Share | 0.69 | 0.27 | 0.9 | 2.02 | 1.11 | 1.1 | |
| Stock Based Compensation To Revenue | 0.0263 | 0.0268 | 0.008147 | 0.008855 | 0.0142 | 0.0135 | |
| Capex To Depreciation | 0.55 | 0.0716 | 0.18 | 3.52 | 1.05 | 1.72 | |
| Pb Ratio | 2.14 | (0.5) | 1.45 | 1.01 | 0.74 | 1.17 | |
| Free Cash Flow Per Share | 0.17 | 0.1 | 0.8 | 0.0929 | 0.34 | 0.35 | |
| Roic | (0.056) | (0.46) | 0.15 | 0.46 | 0.0584 | 0.0613 | |
| Net Income Per Share | (0.78) | (1.31) | 2.18 | 2.95 | 0.26 | 0.28 | |
| Days Of Inventory On Hand | 7.58 | 554.12 | 8.0E-6 | 9.0E-6 | 5.0E-6 | 4.0E-6 | |
| Payables Turnover | 1.77 | 2.83 | 2.05 | 1.67 | 3.13 | 1.62 | |
| Capex To Revenue | 0.19 | 0.1 | 0.0385 | 0.43 | 0.25 | 0.47 | |
| Cash Per Share | (1.86) | 0.15 | 0.34 | 0.6 | 0.29 | 0.31 | |
| Pocfratio | 2.46 | 0.86 | 2.99 | 2.7 | 3.49 | 6.07 | |
| Interest Coverage | (0.48) | (2.31) | 2.59 | 8.23 | 2.8 | 2.93 | |
| Capex To Operating Cash Flow | 0.76 | 0.61 | 0.12 | 0.95 | 0.7 | 0.66 | |
| Pfcf Ratio | 10.14 | 2.21 | 3.39 | 58.75 | 11.5 | 12.07 | |
| Days Payables Outstanding | 205.83 | 128.89 | 178.26 | 218.86 | 116.43 | 215.62 | |
| Income Quality | (0.88) | (0.2) | 0.41 | 0.69 | 4.21 | 4.42 | |
| Roe | (0.98) | 2.86 | 1.18 | 0.55 | 0.05 | 0.0618 | |
| Ev To Operating Cash Flow | 9.41 | 7.45 | 4.21 | 3.44 | 4.16 | 3.96 | |
| Pe Ratio | (2.18) | (0.18) | 1.24 | 1.85 | 14.72 | 10.38 | |
| Return On Tangible Assets | (0.0909) | (0.2) | 0.28 | 0.24 | 0.0259 | 0.0272 | |
| Ev To Free Cash Flow | 38.8 | 19.22 | 4.77 | 74.88 | 13.7 | 14.39 | |
| Earnings Yield | (0.46) | (5.7) | 0.81 | 0.54 | 0.068 | 0.0713 | |
| Net Debt To E B I T D A | 6.42 | (23.15) | 1.06 | 0.76 | 0.66 | 0.45 | |
| Current Ratio | 0.16 | 0.42 | 0.77 | 0.49 | 0.44 | 0.55 | |
| Tangible Book Value Per Share | 0.8 | (0.46) | 1.86 | 5.41 | 5.25 | 4.17 | |
| Receivables Turnover | 7.19 | 7.31 | 6.14 | 7.94 | 7.56 | 5.78 | |
| Graham Number | 3.74 | 3.68 | 9.55 | 18.93 | 5.56 | 10.98 | |
| Shareholders Equity Per Share | 0.8 | (0.46) | 1.86 | 5.41 | 5.25 | 4.17 | |
| Debt To Equity | 3.52 | (4.13) | 0.76 | 0.38 | 0.19 | 0.18 | |
| Capex Per Share | 0.52 | 0.16 | 0.11 | 1.93 | 0.77 | 0.73 |
Pair Trading with Journey Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Journey Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Journey Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Journey Stock
The ability to find closely correlated positions to Journey Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Journey Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Journey Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Journey Energy to buy it.
The correlation of Journey Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Journey Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Journey Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Journey Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Journey Stock
Journey EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Journey Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Journey financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Journey Energy history.