| 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 Non Current Assets Total and its Cash And Short Term Investments 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.
Non Current Assets Total vs Cash And Short Term Investments
Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JX Luxventure Limited Non Current Assets Total account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between JX Luxventure's Non Current Assets Total and Cash And Short Term Investments is 0.08. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of JX Luxventure Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., JX Luxventure's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of JX Luxventure Limited balance sheet. This account contains JX Luxventure investments that will expire within one year. These investments include stocks and bonds that can be liquidated by JX Luxventure Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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