| 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 Days Of Inventory On Hand and its Ev To Sales 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.
Days Of Inventory On Hand vs Ev To Sales
Days Of Inventory On Hand vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Journey Energy Days Of Inventory On Hand account and
Ev To Sales. At this time, the significance of the direction appears to have no relationship.
The correlation between Journey Energy's Days Of Inventory On Hand and Ev To Sales is 0.04. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Ev To Sales 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 Days Of Inventory On Hand and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Journey Energy are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Of Inventory On Hand i.e., Journey Energy's Days Of Inventory On Hand and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.04 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Days Of Inventory On Hand
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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.