JXJT Stock | | | USD 1.20 0.01 0.84% |
JX Luxventure financial indicator trend analysis is infinitely more than just investigating JX Luxventure Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JX Luxventure Limited is a good investment. Please check the relationship between JX Luxventure Current Deferred Revenue and its Other Current Liab accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JX Luxventure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Current Deferred Revenue vs Other Current Liab
Current Deferred Revenue vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JX Luxventure Limited Current Deferred Revenue account and
Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JX Luxventure's Current Deferred Revenue and Other Current Liab is -0.07. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of JX Luxventure Limited, assuming nothing else is changed. The correlation between historical values of JX Luxventure's Current Deferred Revenue and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of JX Luxventure Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Current Deferred Revenue i.e., JX Luxventure's Current Deferred Revenue and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Other Current Liab
Most indicators from JX Luxventure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JX Luxventure Limited 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 JX Luxventure Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, JX Luxventure's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 5.02 in 2024, despite the fact that
Discontinued Operations is likely to grow to (25.5
M).
JX Luxventure fundamental ratios Correlations
Click cells to compare fundamentals
JX Luxventure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JX Luxventure fundamental ratios Accounts
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Additional Tools for JXJT Stock Analysis
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measure JX Luxventure'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 JX Luxventure is operating at the current time. Most of JX Luxventure's value examination focuses on studying past and present price action to
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