Jervois Change To Netincome vs Depreciation Analysis

JRV Stock  CAD 0.01  0.00  0.00%   
Jervois Mining financial indicator trend analysis is infinitely more than just investigating Jervois Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jervois Mining is a good investment. Please check the relationship between Jervois Mining Change To Netincome and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jervois Mining. 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.

Change To Netincome vs Depreciation

Change To Netincome vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jervois Mining Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jervois Mining's Change To Netincome and Depreciation is 0.68. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of Jervois Mining, assuming nothing else is changed. The correlation between historical values of Jervois Mining's Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Jervois Mining are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., Jervois Mining's Change To Netincome and Depreciation go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Netincome

Depreciation

Depreciation indicates how much of Jervois Mining value has been used up. For tax purposes Jervois Mining can deduct the cost of the tangible assets it purchases as business expenses. However, Jervois Mining must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Jervois Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jervois Mining 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 Jervois Mining. 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, Jervois Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 244.7 M in 2024, despite the fact that Tax Provision is likely to grow to (8.6 M).
 2011 2023 2024 (projected)
Cost Of Revenue110.8M228.8M240.3M
Research Development330.4K297.3K218.2K

Jervois Mining fundamental ratios Correlations

0.720.840.990.960.88-0.580.90.970.780.820.7-0.150.990.870.840.840.650.270.38-0.020.90.960.960.20.62
0.720.760.760.680.41-0.10.810.650.390.940.18-0.260.660.930.490.890.270.070.22-0.080.470.670.570.110.39
0.840.760.80.820.83-0.650.740.840.770.910.72-0.460.860.940.870.910.620.270.250.020.850.850.860.160.46
0.990.760.80.930.82-0.470.910.940.70.820.61-0.080.960.870.770.830.570.250.41-0.030.830.930.930.20.64
0.960.680.820.930.84-0.70.940.990.890.820.77-0.380.960.840.910.880.810.310.250.010.920.990.910.210.36
0.880.410.830.820.84-0.810.670.890.850.620.89-0.210.930.70.90.670.720.330.330.050.960.880.970.180.59
-0.58-0.1-0.65-0.47-0.7-0.81-0.47-0.72-0.93-0.41-0.970.61-0.67-0.43-0.91-0.52-0.91-0.41-0.01-0.15-0.87-0.72-0.71-0.2-0.04
0.90.810.740.910.940.67-0.470.90.750.870.52-0.340.880.860.760.910.680.20.16-0.030.780.930.80.150.3
0.970.650.840.940.990.89-0.720.90.890.80.81-0.330.970.830.920.860.80.320.310.010.950.990.950.210.44
0.780.390.770.70.890.85-0.930.750.890.650.92-0.620.840.660.980.750.960.350.050.090.950.90.830.160.11
0.820.940.910.820.820.62-0.410.870.80.650.47-0.450.80.990.730.980.530.190.19-0.010.70.830.730.150.35
0.70.180.720.610.770.89-0.970.520.810.920.47-0.460.770.520.940.560.870.410.190.120.920.780.810.210.24
-0.15-0.26-0.46-0.08-0.38-0.210.61-0.34-0.33-0.62-0.45-0.46-0.22-0.37-0.57-0.54-0.67-0.220.41-0.13-0.4-0.37-0.17-0.080.55
0.990.660.860.960.960.93-0.670.880.970.840.80.77-0.220.850.890.830.710.290.330.00.950.980.990.190.58
0.870.930.940.870.840.7-0.430.860.830.660.990.52-0.370.850.760.970.510.20.26-0.030.740.850.80.150.47
0.840.490.870.770.910.9-0.910.760.920.980.730.94-0.570.890.760.810.910.390.150.090.970.920.890.220.24
0.840.890.910.830.880.67-0.520.910.860.750.980.56-0.540.830.970.810.650.220.13-0.010.770.880.760.150.26
0.650.270.620.570.810.72-0.910.680.80.960.530.87-0.670.710.510.910.650.350.060.070.860.810.690.17-0.09
0.270.070.270.250.310.33-0.410.20.320.350.190.41-0.220.290.20.390.220.350.140.230.340.290.30.970.08
0.380.220.250.410.250.33-0.010.160.310.050.190.190.410.330.260.150.130.060.14-0.180.220.230.360.170.59
-0.02-0.080.02-0.030.010.05-0.15-0.030.010.09-0.010.12-0.130.0-0.030.09-0.010.070.23-0.180.060.010.020.2-0.07
0.90.470.850.830.920.96-0.870.780.950.950.70.92-0.40.950.740.970.770.860.340.220.060.950.960.180.4
0.960.670.850.930.990.88-0.720.930.990.90.830.78-0.370.980.850.920.880.810.290.230.010.950.940.180.4
0.960.570.860.930.910.97-0.710.80.950.830.730.81-0.170.990.80.890.760.690.30.360.020.960.940.190.64
0.20.110.160.20.210.18-0.20.150.210.160.150.21-0.080.190.150.220.150.170.970.170.20.180.180.190.12
0.620.390.460.640.360.59-0.040.30.440.110.350.240.550.580.470.240.26-0.090.080.59-0.070.40.40.640.12
Click cells to compare fundamentals

Jervois Mining Account Relationship Matchups

Jervois Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.4M122.7M577.0M761.0M422.0M443.1M
Other Current Liab672.8K6K22.6M28.2M597K567.2K
Total Current Liabilities1.0M14.4M148.9M104.9M88.6M93.1M
Total Stockholder Equity22.5M76.1M295.9M395.9M170.0M178.5M
Property Plant And Equipment Net19.8M77.5M155.0M326.6M195.3M205.0M
Net Debt(2.9M)(3.8M)123.4M85.6M139.3M146.3M
Retained Earnings(48.7M)(94.9M)(89.9M)(148.3M)(400.8M)(380.8M)
Cash2.9M3.9M49.1M152.6M45.4M47.6M
Non Current Assets Total21.2M116.3M262.6M442.7M303.7M318.9M
Cash And Short Term Investments2.9M4.0M49.2M152.7M175.6M184.4M
Net Receivables173.2K50K37.4M45.2M14.4M15.1M
Common Stock Shares Outstanding259.0M715.7M1.1B1.1B2.7B2.8B
Liabilities And Stockholders Equity24.4M88.0M577.0M761.0M875.2M919.0M
Total Liab1.8M11.9M281.1M365.2M252.1M264.7M
Total Current Assets6.4M42.9M314.4M318.4M118.3M124.2M
Accumulated Other Comprehensive Income487.1K11.7M12.9M13.6M15.6M16.4M
Common Stock113.0M211.7M372.8M530.6M610.2M640.7M
Accounts Payable262.5K150K22.6M34.9M13.7M14.4M
Other Assets3.2M3.0M1.015.4M17.7M18.6M
Non Current Liabilities Total10.7K10.9M132.2M260.3M163.4M171.6M
Other Current Assets49.4K116K113.3M7.5M4.6M7.7M
Inventory60.5K78K109.1M113.0M49.0M51.4M
Net Tangible Assets110.4M121.1M193.7M295.3M339.5M356.5M
Long Term Investments1.9M178K158K8.0M8.0M8.4M
Property Plant Equipment112.8M113.1M155.6M326.6M375.6M394.4M
Other Liab10.9M55K63.5M63.8M73.4M77.1M
Net Invested Capital32.2M116K619.6M614.3M354.7M260.3M
Net Working Capital2.0M5.3M228.3M213.5M29.7M28.2M

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