Jasper Net Invested Capital vs Total Current Liabilities Analysis
| JPIM Stock | 0.01 0.00 0.00% |
Jasper Commerce financial indicator trend analysis is infinitely more than just investigating Jasper Commerce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jasper Commerce is a good investment. Please check the relationship between Jasper Commerce Net Invested Capital and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jasper Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Net Invested Capital vs Total Current Liabilities
Net Invested Capital vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jasper Commerce Net Invested Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jasper Commerce's Net Invested Capital and Total Current Liabilities is -0.02. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jasper Commerce, assuming nothing else is changed. The correlation between historical values of Jasper Commerce's Net Invested Capital and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Jasper Commerce are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Invested Capital i.e., Jasper Commerce's Net Invested Capital and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.02 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Total Current Liabilities
Total Current Liabilities is an item on Jasper Commerce balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jasper Commerce are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Jasper Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jasper Commerce 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 Jasper Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. Selling General Administrative is likely to drop to about 2.7 M in 2024. Tax Provision is likely to climb to about (66.8 K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 351.0K | 449.4K | 404.5K | 562.5K | Total Revenue | 1.7M | 1.4M | 1.7M | 1.6M |
Jasper Commerce fundamental ratios Correlations
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Jasper Commerce Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Jasper Stock Analysis
When running Jasper Commerce's price analysis, check to measure Jasper Commerce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jasper Commerce is operating at the current time. Most of Jasper Commerce's value examination focuses on studying past and present price action to predict the probability of Jasper Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jasper Commerce's price. Additionally, you may evaluate how the addition of Jasper Commerce to your portfolios can decrease your overall portfolio volatility.