| JSE Stock | | | 25.00 0.50 2.04% |
Jadestone Energy financial indicator trend analysis is infinitely more than just investigating Jadestone Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jadestone Energy is a good investment. Please check the relationship between Jadestone Energy Income Before Tax and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jadestone 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 bureau of economic analysis.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jadestone Energy Income Before Tax account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jadestone Energy's Income Before Tax and Gross Profit is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Jadestone Energy, assuming nothing else is changed. The correlation between historical values of Jadestone Energy's Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Jadestone Energy are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Jadestone Energy's Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Jadestone Energy income statement and is an important metric when analyzing Jadestone Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Jadestone Energy minus its cost of goods sold. It is profit before Jadestone Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Jadestone Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jadestone 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 Jadestone 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 bureau of economic analysis.
The current year's
Issuance Of Capital Stock is expected to grow to about 53.5
M, whereas
Selling General Administrative is forecasted to decline to about 727.7
K.
Jadestone Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jadestone Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jadestone Energy fundamental ratios Accounts
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Other Information on Investing in Jadestone Stock
Balance Sheet is a snapshot of the
financial position of Jadestone Energy at a specified time, usually calculated after every quarter, six months, or one year. Jadestone Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jadestone 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 Jadestone currently owns. An asset can also be divided into two categories, current and non-current.