| 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 Ev To Sales and its Payout 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.
Ev To Sales vs Payout Ratio
Ev To Sales vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Journey Energy Ev To Sales account and
Payout Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Journey Energy's Ev To Sales and Payout Ratio is -0.77. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Payout 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 Ev To Sales and Payout 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 Ev To Sales of Journey Energy are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Ev To Sales i.e., Journey Energy's Ev To Sales and Payout Ratio go up and down completely randomly.
Correlation Coefficient | -0.77 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.
Payout Ratio
Payout Ratio is the proportion of Journey Energy earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Journey Energy dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Journey Energy is paying out more in dividends than it makes in net income.
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.