Journey Days Payables Outstanding vs Interest Coverage Analysis

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 Payables Outstanding and its Interest Coverage 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 Payables Outstanding vs Interest Coverage

Days Payables Outstanding vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Journey Energy Days Payables Outstanding account and Interest Coverage. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Journey Energy's Days Payables Outstanding and Interest Coverage is 0.16. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Interest Coverage 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 Payables Outstanding and Interest Coverage 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 Payables Outstanding of Journey Energy are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Days Payables Outstanding i.e., Journey Energy's Days Payables Outstanding and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.16

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Days Payables Outstanding

Interest Coverage

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.

	2022	2023	2024	2025 (projected)
Gross Profit	159.7M	38.9M	44.7M	74.3M
Total Revenue	235.6M	186.9M	215.0M	140.5M

Gross Profit Total Revenue

Journey Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Net Debt	Cash	Long Term Debt	Cash And Short Term Investments	Common Stock Total Equity
Total Assets		0.55	0.71	0.7	0.92	0.87	0.84	0.97	0.09	-0.22	0.7	0.78	0.37	0.25	0.35	0.59	0.8	-0.43	-0.01	0.56	0.66	-0.35	0.46	-0.5	0.46	-0.53
Other Current Liab	0.55		0.61	0.59	0.44	0.5	0.36	0.45	-0.3	-0.01	0.43	0.29	-0.2	0.0	0.0	0.08	0.47	-0.04	-0.15	0.11	0.59	-0.34	0.37	-0.56	0.37	-0.1
Total Current Liabilities	0.71	0.61		0.36	0.78	0.58	0.62	0.7	0.17	-0.44	0.52	0.75	0.23	-0.22	0.49	0.58	0.66	-0.44	0.15	0.54	0.31	-0.04	0.14	-0.8	0.14	-0.53
Total Stockholder Equity	0.7	0.59	0.36		0.45	0.56	0.78	0.56	-0.44	-0.04	0.8	0.32	-0.27	0.37	-0.21	-0.08	0.65	0.22	-0.35	-0.1	0.99	-0.54	0.49	-0.42	0.49	0.12
Property Plant And Equipment Net	0.92	0.44	0.78	0.45		0.81	0.71	0.94	0.36	-0.45	0.56	0.87	0.57	0.08	0.63	0.78	0.75	-0.64	0.16	0.75	0.39	-0.2	0.37	-0.53	0.37	-0.73
Retained Earnings	0.87	0.5	0.58	0.56	0.81		0.56	0.9	0.2	-0.06	0.42	0.62	0.56	0.36	0.27	0.69	0.56	-0.63	0.11	0.66	0.52	-0.21	0.37	-0.42	0.37	-0.68
Accounts Payable	0.84	0.36	0.62	0.78	0.71	0.56		0.74	-0.16	-0.26	0.88	0.62	0.0	0.32	0.16	0.24	0.82	-0.02	-0.21	0.2	0.75	-0.36	0.31	-0.47	0.31	-0.15
Non Current Assets Total	0.97	0.45	0.7	0.56	0.94	0.9	0.74		0.27	-0.23	0.55	0.82	0.55	0.19	0.43	0.73	0.69	-0.57	0.1	0.67	0.51	-0.25	0.39	-0.47	0.39	-0.66
Non Currrent Assets Other	0.09	-0.3	0.17	-0.44	0.36	0.2	-0.16	0.27		-0.45	-0.36	0.25	0.73	-0.23	0.59	0.67	-0.2	-0.68	0.74	0.54	-0.48	0.68	-0.42	0.16	-0.42	-0.64
Other Assets	-0.22	-0.01	-0.44	-0.04	-0.45	-0.06	-0.26	-0.23	-0.45		-0.12	-0.44	-0.18	0.25	-0.57	-0.33	-0.18	0.3	-0.28	-0.33	0.05	-0.17	0.1	0.4	0.1	0.35
Net Receivables	0.7	0.43	0.52	0.8	0.56	0.42	0.88	0.55	-0.36	-0.12		0.47	-0.21	0.24	0.07	0.03	0.9	0.14	-0.35	0.01	0.79	-0.49	0.41	-0.48	0.41	0.03
Common Stock Shares Outstanding	0.78	0.29	0.75	0.32	0.87	0.62	0.62	0.82	0.25	-0.44	0.47		0.51	-0.24	0.7	0.71	0.7	-0.59	-0.04	0.75	0.24	-0.37	0.46	-0.66	0.46	-0.69
Non Current Liabilities Total	0.37	-0.2	0.23	-0.27	0.57	0.56	0.0	0.55	0.73	-0.18	-0.21	0.51		-0.01	0.64	0.92	0.1	-0.92	0.53	0.88	-0.32	0.21	0.11	0.0	0.11	-0.9
Other Current Assets	0.25	0.0	-0.22	0.37	0.08	0.36	0.32	0.19	-0.23	0.25	0.24	-0.24	-0.01		-0.45	-0.09	0.11	0.12	-0.16	-0.1	0.39	-0.1	0.02	0.31	0.02	0.12
Other Stockholder Equity	0.35	0.0	0.49	-0.21	0.63	0.27	0.16	0.43	0.59	-0.57	0.07	0.7	0.64	-0.45		0.73	0.39	-0.75	0.3	0.79	-0.29	0.06	0.11	-0.35	0.11	-0.8
Total Liab	0.59	0.08	0.58	-0.08	0.78	0.69	0.24	0.73	0.67	-0.33	0.03	0.71	0.92	-0.09	0.73		0.35	-0.95	0.52	0.96	-0.15	0.16	0.15	-0.3	0.15	-0.96
Total Current Assets	0.8	0.47	0.66	0.65	0.75	0.56	0.82	0.69	-0.2	-0.18	0.9	0.7	0.1	0.11	0.39	0.35		-0.19	-0.2	0.37	0.62	-0.53	0.58	-0.56	0.58	-0.31
Common Stock	-0.43	-0.04	-0.44	0.22	-0.64	-0.63	-0.02	-0.57	-0.68	0.3	0.14	-0.59	-0.92	0.12	-0.75	-0.95	-0.19		-0.47	-0.96	0.29	-0.19	-0.07	0.28	-0.07	0.99
Short Long Term Debt Total	-0.01	-0.15	0.15	-0.35	0.16	0.11	-0.21	0.1	0.74	-0.28	-0.35	-0.04	0.53	-0.16	0.3	0.52	-0.2	-0.47		0.33	-0.35	0.76	-0.33	0.27	-0.33	-0.42
Other Liab	0.56	0.11	0.54	-0.1	0.75	0.66	0.2	0.67	0.54	-0.33	0.01	0.75	0.88	-0.1	0.79	0.96	0.37	-0.96	0.33		-0.18	-0.01	0.25	-0.38	0.25	-0.98
Net Tangible Assets	0.66	0.59	0.31	0.99	0.39	0.52	0.75	0.51	-0.48	0.05	0.79	0.24	-0.32	0.39	-0.29	-0.15	0.62	0.29	-0.35	-0.18		-0.53	0.47	-0.36	0.47	0.19
Net Debt	-0.35	-0.34	-0.04	-0.54	-0.2	-0.21	-0.36	-0.25	0.68	-0.17	-0.49	-0.37	0.21	-0.1	0.06	0.16	-0.53	-0.19	0.76	-0.01	-0.53		-0.86	0.37	-0.86	-0.11
Cash	0.46	0.37	0.14	0.49	0.37	0.37	0.31	0.39	-0.42	0.1	0.41	0.46	0.11	0.02	0.11	0.15	0.58	-0.07	-0.33	0.25	0.47	-0.86		-0.28	1.0	-0.14
Long Term Debt	-0.5	-0.56	-0.8	-0.42	-0.53	-0.42	-0.47	-0.47	0.16	0.4	-0.48	-0.66	0.0	0.31	-0.35	-0.3	-0.56	0.28	0.27	-0.38	-0.36	0.37	-0.28		-0.28	0.35
Cash And Short Term Investments	0.46	0.37	0.14	0.49	0.37	0.37	0.31	0.39	-0.42	0.1	0.41	0.46	0.11	0.02	0.11	0.15	0.58	-0.07	-0.33	0.25	0.47	-0.86	1.0	-0.28		-0.14
Common Stock Total Equity	-0.53	-0.1	-0.53	0.12	-0.73	-0.68	-0.15	-0.66	-0.64	0.35	0.03	-0.69	-0.9	0.12	-0.8	-0.96	-0.31	0.99	-0.42	-0.98	0.19	-0.11	-0.14	0.35	-0.14

Click cells to compare fundamentals

Journey Energy Account Relationship Matchups

Journey Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	287.7M	357.2M	639.2M	610.1M	701.7M	478.1M
Other Current Liab	2.6M	3.7M	10.3M	8.0M	9.1M	6.1M
Total Current Liabilities	41.6M	47.8M	128.5M	106.0M	121.9M	72.9M
Total Stockholder Equity	(19.8M)	84.3M	284.7M	316.4M	284.8M	299.0M
Property Plant And Equipment Net	270.2M	320.3M	487.5M	480.9M	553.0M	375.8M
Retained Earnings	(433.7M)	(334.6M)	(179.4M)	(163.6M)	(188.1M)	(197.5M)
Accounts Payable	16.2M	20.4M	45.5M	47.2M	54.3M	32.8M
Non Current Assets Total	270.2M	320.3M	576.5M	563.4M	647.9M	439.0M
Other Assets	13.2M	0.0	89.0M	1.0	0.9	0.86
Net Receivables	9.3M	20.2M	29.7M	24.7M	28.4M	20.0M
Common Stock Shares Outstanding	43.2M	51.3M	58.8M	66.2M	76.1M	49.5M
Non Current Liabilities Total	265.9M	225.1M	226.0M	187.7M	215.9M	226.1M
Other Current Assets	1.6M	1.4M	1.7M	4.3M	3.8M	2.9M
Other Stockholder Equity	109.3M	109.3M	109.5M	109.2M	125.5M	68.6M
Total Liab	307.5M	272.9M	354.5M	293.7M	337.8M	301.8M
Total Current Assets	17.5M	36.9M	62.7M	46.7M	53.7M	31.4M
Common Stock	300.8M	305.7M	351.5M	367.8M	331.0M	315.9M
Short Long Term Debt Total	83.2M	65.1M	110.4M	62.4M	71.7M	99.1M
Other Liab	163.9M	205.6M	183.7M	188.4M	216.6M	178.8M
Net Tangible Assets	32.0M	(19.8M)	84.3M	284.7M	256.2M	269.0M
Net Debt	76.6M	49.7M	79.0M	44.7M	40.2M	72.2M
Cash	6.6M	15.4M	31.4M	17.7M	20.4M	21.4M
Long Term Debt	59.3M	40.5M	36.1M	10.3M	9.3M	8.8M
Cash And Short Term Investments	6.6M	15.4M	31.4M	17.7M	20.4M	21.4M
Liabilities And Stockholders Equity	287.7M	357.2M	639.2M	610.1M	701.7M	490.8M
Property Plant And Equipment Gross	270.2M	1.3B	1.5B	1.5B	1.8B	1.9B
Short Long Term Debt	22.6M	23.5M	72.6M	50.3M	45.3M	40.1M
Accumulated Other Comprehensive Income	1.7M	736K	3.8M	3.1M	3.5M	3.7M
Short Term Debt	22.8M	23.7M	72.7M	50.8M	58.4M	37.1M
Property Plant Equipment	328.5M	270.2M	320.3M	487.5M	560.6M	376.1M
Current Deferred Revenue	(27.7M)	(16.2M)	(20.4M)	(45.5M)	(40.9M)	(38.9M)
Long Term Debt Total	48.1M	60.4M	41.4M	37.6M	33.9M	45.9M
Capital Surpluse	107.7M	109.3M	109.3M	109.5M	125.9M	85.5M
Net Invested Capital	39.5M	148.3M	393.3M	377.1M	433.6M	455.3M
Net Working Capital	(24.1M)	(10.9M)	(65.8M)	(59.3M)	(68.1M)	(71.6M)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Journey Days Payables Outstanding vs Interest Coverage Analysis

Days Payables Outstanding vs Interest Coverage

Days Payables Outstanding vs Interest Coverage Correlation Analysis

Correlation Coefficient

Days Payables Outstanding

Interest Coverage

Journey Energy fundamental ratios Correlations

Journey Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Journey Energy fundamental ratios Accounts

Other Information on Investing in Journey Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Common Stock Total Equity	+ 0.99	Common Stock
Non Current Assets Total	+ 0.97	Total Assets
Other Liab	+ 0.96	Total Liab
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net

Common Stock Total Equity	- 0.98	Other Liab
Other Liab	- 0.96	Common Stock
Common Stock Total Equity	- 0.96	Total Liab
Common Stock	- 0.95	Total Liab
Common Stock	- 0.92	Non Current Liabilities Total
Common Stock Total Equity	- 0.9	Non Current Liabilities Total