| 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 Total Revenue and its Net Income 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Journey Energy Total Revenue account and
Net Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Journey Energy's Total Revenue and Net Income is 0.32. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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 Total Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Journey Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Journey Energy's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Journey Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Journey Energy financial statement analysis. It represents the amount of money remaining after all of Journey Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total 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.
| 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 |
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.