Jupiter Energy financial indicator trend analysis is infinitely more than just investigating Jupiter Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Energy is a good investment. Please check the relationship between Jupiter Energy Net Receivables and its Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter 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.
Net Receivables vs Long Term Debt
Net Receivables vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jupiter Energy Net Receivables account and
Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jupiter Energy's Net Receivables and Long Term Debt is -0.48. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Jupiter Energy, assuming nothing else is changed. The correlation between historical values of Jupiter Energy's Net Receivables and Long Term Debt 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 Receivables of Jupiter Energy are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Jupiter Energy's Net Receivables and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Receivables
Long Term Debt
Long-term debt is a debt that Jupiter Energy has held for over one year. Long-term debt appears on Jupiter Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Jupiter Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Jupiter Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter 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 Jupiter 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.
Selling General Administrative is likely to drop to about 89
K in 2024
Jupiter Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jupiter Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jupiter Energy fundamental ratios Accounts
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Additional Tools for Jupiter Stock Analysis
When running Jupiter Energy's price analysis, check to
measure Jupiter Energy'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 Jupiter Energy is operating at the current time. Most of Jupiter Energy's value examination focuses on studying past and present price action to
predict the probability of Jupiter Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Energy's price. Additionally, you may evaluate how the addition of Jupiter Energy to your portfolios can decrease your overall portfolio volatility.