JXJT Payables Turnover vs Income Quality Analysis

JXJT Stock

USD 1.22 0.02 1.67%

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 Payables Turnover and its Income Quality 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.

Payables Turnover vs Income Quality

Payables Turnover vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JX Luxventure Limited Payables Turnover account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between JX Luxventure's Payables Turnover and Income Quality is -0.05. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Income Quality 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 Payables Turnover and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of JX Luxventure Limited are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payables Turnover i.e., JX Luxventure's Payables Turnover and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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 5.05 in 2024, despite the fact that Discontinued Operations is likely to grow to (25.5 M).

	2021	2022	2023	2024 (projected)
Interest Expense	58.7K	18.1M	5.2K	4.9K
Cost Of Revenue	57.4M	78.4M	26.4M	30.0M

Interest Expense Cost Of Revenue

JX Luxventure fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Accounts Payable	Net Receivables	Inventory	Other Current Assets	Current Deferred Revenue	Short Term Debt	Intangible Assets	Net Tangible Assets
Total Assets		0.71	0.35	0.82	-0.76	0.94	0.7	0.68	0.2	0.7	-0.45	-0.04	-0.75	-0.05	0.71	-0.07	-0.72	0.78	-0.74	0.64	0.5	-0.2	0.45	-0.64	0.75	0.72
Other Current Liab	0.71		0.77	0.9	-0.75	0.69	0.75	0.1	0.71	0.75	0.09	-0.61	-0.23	-0.58	0.88	0.18	-0.53	0.3	-0.48	0.16	0.19	0.23	-0.07	-0.24	0.24	0.27
Total Current Liabilities	0.35	0.77		0.81	-0.69	0.44	0.75	-0.43	0.95	0.75	0.35	-0.93	0.12	-0.92	0.89	0.15	-0.22	-0.22	-0.09	-0.32	0.34	0.49	-0.45	0.18	-0.18	-0.13
Total Stockholder Equity	0.82	0.9	0.81		-0.91	0.84	0.9	0.14	0.72	0.9	-0.08	-0.61	-0.38	-0.62	0.97	0.13	-0.59	0.33	-0.46	0.15	0.54	0.13	-0.02	-0.29	0.35	0.36
Net Debt	-0.76	-0.75	-0.69	-0.91		-0.91	-0.99	-0.19	-0.59	-0.99	0.22	0.49	0.57	0.54	-0.84	0.11	0.74	-0.3	0.55	-0.01	-0.78	0.15	0.18	0.47	-0.45	-0.48
Retained Earnings	0.94	0.69	0.44	0.84	-0.91		0.86	0.56	0.29	0.86	-0.47	-0.14	-0.82	-0.18	0.73	-0.2	-0.81	0.6	-0.75	0.41	0.71	-0.31	0.19	-0.68	0.74	0.74
Cash	0.7	0.75	0.75	0.9	-0.99	0.86		0.08	0.66	1.0	-0.13	-0.57	-0.49	-0.62	0.86	-0.1	-0.68	0.2	-0.49	-0.09	0.77	-0.08	-0.27	-0.38	0.37	0.4
Non Current Assets Total	0.68	0.1	-0.43	0.14	-0.19	0.56	0.08		-0.55	0.08	-0.74	0.69	-0.84	0.67	-0.03	-0.21	-0.51	0.89	-0.64	0.85	0.2	-0.61	0.72	-0.75	0.87	0.81
Non Currrent Assets Other	0.2	0.71	0.95	0.72	-0.59	0.29	0.66	-0.55		0.66	0.37	-0.98	0.27	-0.97	0.79	0.38	-0.14	-0.35	0.13	-0.46	0.24	0.45	-0.52	0.27	-0.35	-0.3
Cash And Short Term Investments	0.7	0.75	0.75	0.9	-0.99	0.86	1.0	0.08	0.66		-0.13	-0.57	-0.49	-0.62	0.86	-0.1	-0.68	0.2	-0.49	-0.09	0.77	-0.08	-0.27	-0.38	0.37	0.4
Common Stock Shares Outstanding	-0.45	0.09	0.35	-0.08	0.22	-0.47	-0.13	-0.74	0.37	-0.13		-0.5	0.76	-0.45	0.12	-0.03	0.5	-0.53	0.23	-0.48	-0.4	0.85	-0.43	0.66	-0.59	-0.5
Non Current Liabilities Total	-0.04	-0.61	-0.93	-0.61	0.49	-0.14	-0.57	0.69	-0.98	-0.57	-0.5		-0.41	0.99	-0.71	-0.35	0.01	0.47	-0.23	0.57	-0.17	-0.55	0.6	-0.4	0.47	0.42
Other Stockholder Equity	-0.75	-0.23	0.12	-0.38	0.57	-0.82	-0.49	-0.84	0.27	-0.49	0.76	-0.41		-0.35	-0.21	0.43	0.75	-0.69	0.76	-0.56	-0.61	0.7	-0.37	0.85	-0.87	-0.84
Total Liab	-0.05	-0.58	-0.92	-0.62	0.54	-0.18	-0.62	0.67	-0.97	-0.62	-0.45	0.99	-0.35		-0.7	-0.33	0.03	0.48	-0.23	0.63	-0.28	-0.46	0.64	-0.38	0.43	0.37
Total Current Assets	0.71	0.88	0.89	0.97	-0.84	0.73	0.86	-0.03	0.79	0.86	0.12	-0.71	-0.21	-0.7		0.09	-0.5	0.21	-0.41	0.07	0.47	0.34	-0.07	-0.17	0.2	0.22
Common Stock	-0.07	0.18	0.15	0.13	0.11	-0.2	-0.1	-0.21	0.38	-0.1	-0.03	-0.35	0.43	-0.33	0.09		0.2	-0.11	0.61	-0.11	-0.31	0.08	0.07	0.31	-0.36	-0.41
Short Long Term Debt Total	-0.72	-0.53	-0.22	-0.59	0.74	-0.81	-0.68	-0.51	-0.14	-0.68	0.5	0.01	0.75	0.03	-0.5	0.2		-0.54	0.74	-0.37	-0.58	0.43	-0.14	0.91	-0.65	-0.64
Property Plant And Equipment Net	0.78	0.3	-0.22	0.33	-0.3	0.6	0.2	0.89	-0.35	0.2	-0.53	0.47	-0.69	0.48	0.21	-0.11	-0.54		-0.65	0.86	0.18	-0.3	0.77	-0.7	0.76	0.68
Accounts Payable	-0.74	-0.48	-0.09	-0.46	0.55	-0.75	-0.49	-0.64	0.13	-0.49	0.23	-0.23	0.76	-0.23	-0.41	0.61	0.74	-0.65		-0.59	-0.36	0.19	-0.31	0.77	-0.8	-0.82
Net Receivables	0.64	0.16	-0.32	0.15	-0.01	0.41	-0.09	0.85	-0.46	-0.09	-0.48	0.57	-0.56	0.63	0.07	-0.11	-0.37	0.86	-0.59		-0.09	-0.18	0.91	-0.59	0.68	0.6
Inventory	0.5	0.19	0.34	0.54	-0.78	0.71	0.77	0.2	0.24	0.77	-0.4	-0.17	-0.61	-0.28	0.47	-0.31	-0.58	0.18	-0.36	-0.09		-0.38	-0.15	-0.44	0.47	0.48
Other Current Assets	-0.2	0.23	0.49	0.13	0.15	-0.31	-0.08	-0.61	0.45	-0.08	0.85	-0.55	0.7	-0.46	0.34	0.08	0.43	-0.3	0.19	-0.18	-0.38		-0.12	0.6	-0.53	-0.49
Current Deferred Revenue	0.45	-0.07	-0.45	-0.02	0.18	0.19	-0.27	0.72	-0.52	-0.27	-0.43	0.6	-0.37	0.64	-0.07	0.07	-0.14	0.77	-0.31	0.91	-0.15	-0.12		-0.39	0.49	0.39
Short Term Debt	-0.64	-0.24	0.18	-0.29	0.47	-0.68	-0.38	-0.75	0.27	-0.38	0.66	-0.4	0.85	-0.38	-0.17	0.31	0.91	-0.7	0.77	-0.59	-0.44	0.6	-0.39		-0.77	-0.74
Intangible Assets	0.75	0.24	-0.18	0.35	-0.45	0.74	0.37	0.87	-0.35	0.37	-0.59	0.47	-0.87	0.43	0.2	-0.36	-0.65	0.76	-0.8	0.68	0.47	-0.53	0.49	-0.77		0.99
Net Tangible Assets	0.72	0.27	-0.13	0.36	-0.48	0.74	0.4	0.81	-0.3	0.4	-0.5	0.42	-0.84	0.37	0.22	-0.41	-0.64	0.68	-0.82	0.6	0.48	-0.49	0.39	-0.74	0.99

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JX Luxventure Account Relationship Matchups

JX Luxventure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	61.1M	62.5M	38.1M	16.3M	21.9M	20.8M
Other Current Liab	4.8M	2.0M	2.0M	648.1K	1.8M	2.9M
Total Current Liabilities	6.6M	7.9M	7.2M	3.9M	6.8M	6.7M
Total Stockholder Equity	54.4M	54.5M	30.9M	12.3M	15.2M	14.4M
Net Debt	(19.0M)	(14.3M)	(11.3M)	2.1M	2.9M	3.1M
Retained Earnings	46.1M	40.4M	(4.0M)	(77.5M)	(74.4M)	(70.7M)
Cash	20.6M	16.6M	12.9M	520.9K	407.3K	386.9K
Non Current Assets Total	28.4M	31.0M	13.9M	9.8M	2.4M	2.3M
Non Currrent Assets Other	7.4M	2.3M	9.7M	7M	(1.0)	(1.05)
Cash And Short Term Investments	20.6M	16.6M	12.9M	520.9K	407.3K	386.9K
Common Stock Shares Outstanding	2.5M	271.3K	452.4K	1.7M	6.4M	6.7M
Liabilities And Stockholders Equity	61.1M	62.5M	38.1M	16.3M	21.9M	20.8M
Non Current Liabilities Total	5.7M	5.8M	5.3M	6.7M	(1.0)	0.0
Other Stockholder Equity	9.2M	11.3M	24.7M	78.0M	78.0M	81.9M
Total Liab	6.6M	7.9M	7.2M	3.9M	6.8M	12.2M
Total Current Assets	32.7M	31.5M	24.2M	6.5M	19.5M	24.4M
Common Stock	259.0	341.0	590.0	6.1K	606.0	575.7
Short Long Term Debt Total	1.6M	2.3M	1.6M	2.6M	3.3M	2.2M
Property Plant And Equipment Net	6.1M	2.8M	3.8M	2.8M	2.4M	2.3M
Accounts Payable	63.6K	276.7K	297.0K	671.0K	388.1K	212.8K
Net Receivables	10.5M	11.5M	8.1M	3.3M	7.7M	13.4M
Inventory	1.2M	1.4M	1.9M	1.2M	444.6K	0.0
Other Current Assets	192.2K	1.5M	2.1M	2.2M	11.6M	12.2M
Accumulated Other Comprehensive Income	(829.5K)	2.8M	4.3M	6.0M	5.7M	3.6M
Current Deferred Revenue	173.9K	257.5K	218.7K	1.2M	1.1M	591.9K
Short Term Debt	1.6M	2.3M	1.6M	2.6M	3.3M	2.2M
Net Invested Capital	56.1M	56.8M	26.7M	9.1M	9.3M	8.8M
Short Long Term Debt	1.6M	2.3M	1.6M	2.6M	3.0M	2.1M
Capital Stock	259.0	341.0	5.9M	5.9M	5.9M	3.2M
Net Working Capital	26.1M	23.5M	17.0M	2.5M	12.7M	14.2M

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