| JOY Stock | | | CAD 1.71 0.07 3.93% |
Journey Energy financial indicator trend analysis is infinitely more than just investigating Journey Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Journey Energy is a good investment. Please check the relationship between Journey Energy Capex To Operating Cash Flow and its Price To Sales Ratio accounts. 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.
Capex To Operating Cash Flow vs Price To Sales Ratio
Capex To Operating Cash Flow vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Journey Energy Capex To Operating Cash Flow account and
Price To Sales Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Journey Energy's Capex To Operating Cash Flow and Price To Sales Ratio is 0.63. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Journey Energy, assuming nothing else is changed. The correlation between historical values of Journey Energy's Capex To Operating Cash Flow and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Journey Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Operating Cash Flow i.e., Journey Energy's Capex To Operating Cash Flow and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.63 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Capex To Operating Cash Flow
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.
Most indicators from Journey Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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
Selling General Administrative is very stable compared to the past year. As of the 26th of February 2025,
Tax Provision is likely to grow to about 3.9
M, while
Sales General And Administrative To Revenue is likely to drop 0.05.
Journey Energy fundamental ratios Correlations
Click cells to compare fundamentals
Journey Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Journey Energy fundamental ratios Accounts
Other Information on Investing in Journey Stock
Balance Sheet is a snapshot of the
financial position of Journey Energy at a specified time, usually calculated after every quarter, six months, or one year. Journey Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Journey Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Journey currently owns. An asset can also be divided into two categories, current and non-current.