JetAI Inventory vs Other Assets Analysis
JTAI Stock | 3.85 0.04 1.03% |
JetAI financial indicator trend analysis is infinitely more than just investigating JetAI Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetAI Inc is a good investment. Please check the relationship between JetAI Inventory and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Inventory vs Other Assets
Inventory vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetAI Inc Inventory account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between JetAI's Inventory and Other Assets is 0.67. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of JetAI Inc, assuming nothing else is changed. The correlation between historical values of JetAI's Inventory and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of JetAI Inc are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., JetAI's Inventory and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Other Assets
Most indicators from JetAI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetAI Inc 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 JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of now, JetAI's Issuance Of Capital Stock is increasing as compared to previous years. The JetAI's current Enterprise Value Over EBITDA is estimated to increase to 0.30, while Tax Provision is projected to decrease to 0.00.
2022 | 2023 | 2024 | 2025 (projected) | Total Operating Expenses | 9.8M | 12.3M | 11.6M | 9.9M | Cost Of Revenue | 19.8M | 12.4M | 15.0M | 13.4M |
JetAI fundamental ratios Correlations
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JetAI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JetAI fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Current Liabilities | 285.2K | 1.2M | 2.6M | 7.0M | 3.8M | 2.7M | |
Retained Earnings | (3.2M) | (18.9M) | (26.7M) | (39.3M) | (52.5M) | (49.9M) | |
Accounts Payable | 280.6K | 296.2K | 242.9K | 1.7M | 280.5K | 509.9K | |
Other Current Assets | 568.0 | 79.5K | 357.9K | 190.1K | 357.8K | 189.9K | |
Other Stockholder Equity | (523.0K) | 19.1M | 27.4M | 35.3M | 59.1M | 62.0M | |
Total Current Assets | 2.2M | 723.0K | 1.9M | 3.2M | 6.4M | 6.7M |
Currently Active Assets on Macroaxis
AMT | American Tower Corp | |
HLTOY | Hellenic Telecommunications Org | |
NFLX | Netflix | |
EPGFX | Europac Gold Fund | |
FTGFF | Firan Technology Group |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetAI. If investors know JetAI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetAI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (47.93) | Revenue Per Share | Quarterly Revenue Growth (0.24) | Return On Assets | Return On Equity |
The market value of JetAI Inc is measured differently than its book value, which is the value of JetAI that is recorded on the company's balance sheet. Investors also form their own opinion of JetAI's value that differs from its market value or its book value, called intrinsic value, which is JetAI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetAI's market value can be influenced by many factors that don't directly affect JetAI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetAI's value and its price as these two are different measures arrived at by different means. Investors typically determine if JetAI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetAI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.