PJX Net Receivables vs Total Stockholder Equity Analysis

PJX Stock

CAD 0.11 0.01 15.79%

PJX Resources financial indicator trend analysis is much more than just breaking down PJX Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PJX Resources is a good investment. Please check the relationship between PJX Resources Net Receivables and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PJX Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PJX Resources Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.

The correlation between PJX Resources' Net Receivables and Total Stockholder Equity is 0.01. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of PJX Resources, assuming nothing else is changed. The correlation between historical values of PJX Resources' Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of PJX Resources are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., PJX Resources' Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from PJX Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PJX Resources 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PJX Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, PJX Resources' Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop slightly above 1.6 M in 2024.

	2023	2024 (projected)
Interest Income	522.0	495.9
Reconciled Depreciation	24.9K	17.8K

Interest Income Reconciled Depreciation

PJX Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Other Liab	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross
Total Assets		0.47	0.77	1.0	0.86	-0.66	0.6	0.99	0.71	0.06	0.34	0.81	0.77	1.0	0.74	0.37	0.58	0.59	0.63	0.76	0.76	-0.29	0.58	0.54	-0.49	0.57
Other Current Liab	0.47		0.52	0.44	0.45	-0.51	0.21	0.44	0.49	0.39	0.73	0.61	0.52	0.46	0.54	-0.04	0.08	0.32	0.32	0.35	0.36	-0.16	0.22	0.07	-0.22	0.23
Total Current Liabilities	0.77	0.52		0.7	0.56	-0.47	0.71	0.79	0.64	0.34	0.36	0.79	0.99	0.77	0.52	-0.07	0.3	0.46	0.39	0.47	0.48	-0.23	0.22	-0.02	-0.17	0.12
Total Stockholder Equity	1.0	0.44	0.7		0.87	-0.65	0.57	0.98	0.69	0.01	0.31	0.78	0.71	0.99	0.73	0.42	0.59	0.58	0.63	0.77	0.77	-0.29	0.6	0.6	-0.52	0.62
Net Tangible Assets	0.86	0.45	0.56	0.87		-0.8	0.48	0.82	0.69	-0.15	0.32	0.74	0.57	0.85	0.77	0.7	0.68	0.64	0.79	0.77	0.76	-0.6	0.81	0.67	-0.82	0.81
Retained Earnings	-0.66	-0.51	-0.47	-0.65	-0.8		-0.26	-0.58	-0.92	-0.08	-0.68	-0.83	-0.53	-0.62	-0.95	-0.6	-0.85	-0.91	-0.94	-0.78	-0.77	0.5	-0.86	-0.56	0.82	-0.76
Accounts Payable	0.6	0.21	0.71	0.57	0.48	-0.26		0.63	0.4	0.2	-0.05	0.59	0.68	0.61	0.28	-0.09	0.11	0.17	0.15	0.03	0.03	-0.14	0.09	-0.16	-0.1	-0.01
Cash	0.99	0.44	0.79	0.98	0.82	-0.58	0.63		0.65	0.05	0.27	0.77	0.79	1.0	0.66	0.31	0.5	0.52	0.56	0.72	0.72	-0.29	0.51	0.47	-0.43	0.51
Other Assets	0.71	0.49	0.64	0.69	0.69	-0.92	0.4	0.65		0.23	0.67	0.94	0.71	0.68	0.95	0.35	0.81	0.94	0.86	0.74	0.73	-0.25	0.71	0.4	-0.61	0.59
Net Receivables	0.06	0.39	0.34	0.01	-0.15	-0.08	0.2	0.05	0.23		0.37	0.36	0.36	0.04	0.11	-0.42	-0.03	0.13	-0.11	-0.17	-0.17	0.22	-0.28	-0.33	0.37	-0.38
Other Current Assets	0.34	0.73	0.36	0.31	0.32	-0.68	-0.05	0.27	0.67	0.37		0.65	0.41	0.31	0.66	0.03	0.39	0.57	0.5	0.53	0.53	-0.16	0.36	0.26	-0.29	0.29
Other Stockholder Equity	0.81	0.61	0.79	0.78	0.74	-0.83	0.59	0.77	0.94	0.36	0.65		0.83	0.79	0.87	0.24	0.66	0.79	0.72	0.66	0.65	-0.25	0.57	0.33	-0.49	0.48
Total Liab	0.77	0.52	0.99	0.71	0.57	-0.53	0.68	0.79	0.71	0.36	0.41	0.83		0.77	0.58	-0.04	0.38	0.53	0.45	0.52	0.52	-0.23	0.27	0.02	-0.21	0.16
Total Current Assets	1.0	0.46	0.77	0.99	0.85	-0.62	0.61	1.0	0.68	0.04	0.31	0.79	0.77		0.71	0.35	0.55	0.56	0.6	0.74	0.75	-0.29	0.55	0.52	-0.47	0.56
Common Stock	0.74	0.54	0.52	0.73	0.77	-0.95	0.28	0.66	0.95	0.11	0.66	0.87	0.58	0.71		0.5	0.83	0.94	0.92	0.81	0.8	-0.28	0.82	0.56	-0.72	0.75
Property Plant Equipment	0.37	-0.04	-0.07	0.42	0.7	-0.6	-0.09	0.31	0.35	-0.42	0.03	0.24	-0.04	0.35	0.5		0.67	0.53	0.75	0.63	0.62	-0.68	0.89	0.77	-0.91	0.91
Non Current Assets Total	0.58	0.08	0.3	0.59	0.68	-0.85	0.11	0.5	0.81	-0.03	0.39	0.66	0.38	0.55	0.83	0.67		0.9	0.89	0.8	0.78	-0.34	0.82	0.72	-0.73	0.75
Non Currrent Assets Other	0.59	0.32	0.46	0.58	0.64	-0.91	0.17	0.52	0.94	0.13	0.57	0.79	0.53	0.56	0.94	0.53	0.9		0.94	0.78	0.77	-0.29	0.82	0.49	-0.7	0.71
Common Stock Shares Outstanding	0.63	0.32	0.39	0.63	0.79	-0.94	0.15	0.56	0.86	-0.11	0.5	0.72	0.45	0.6	0.92	0.75	0.89	0.94		0.86	0.85	-0.54	0.96	0.63	-0.9	0.88
Net Invested Capital	0.76	0.35	0.47	0.77	0.77	-0.78	0.03	0.72	0.74	-0.17	0.53	0.66	0.52	0.74	0.81	0.63	0.8	0.78	0.86		1.0	-0.44	0.81	0.77	-0.72	0.81
Net Working Capital	0.76	0.36	0.48	0.77	0.76	-0.77	0.03	0.72	0.73	-0.17	0.53	0.65	0.52	0.75	0.8	0.62	0.78	0.77	0.85	1.0		-0.44	0.8	0.76	-0.71	0.8
Other Liab	-0.29	-0.16	-0.23	-0.29	-0.6	0.5	-0.14	-0.29	-0.25	0.22	-0.16	-0.25	-0.23	-0.29	-0.28	-0.68	-0.34	-0.29	-0.54	-0.44	-0.44		-0.63	-0.3	0.73	-0.53
Capital Stock	0.58	0.22	0.22	0.6	0.81	-0.86	0.09	0.51	0.71	-0.28	0.36	0.57	0.27	0.55	0.82	0.89	0.82	0.82	0.96	0.81	0.8	-0.63		0.72	-0.97	0.96
Property Plant And Equipment Net	0.54	0.07	-0.02	0.6	0.67	-0.56	-0.16	0.47	0.4	-0.33	0.26	0.33	0.02	0.52	0.56	0.77	0.72	0.49	0.63	0.77	0.76	-0.3	0.72		-0.67	0.83
Capital Lease Obligations	-0.49	-0.22	-0.17	-0.52	-0.82	0.82	-0.1	-0.43	-0.61	0.37	-0.29	-0.49	-0.21	-0.47	-0.72	-0.91	-0.73	-0.7	-0.9	-0.72	-0.71	0.73	-0.97	-0.67		-0.93
Property Plant And Equipment Gross	0.57	0.23	0.12	0.62	0.81	-0.76	-0.01	0.51	0.59	-0.38	0.29	0.48	0.16	0.56	0.75	0.91	0.75	0.71	0.88	0.81	0.8	-0.53	0.96	0.83	-0.93

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PJX Resources Account Relationship Matchups

PJX Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6M	1.3M	3.1M	1.5M	3.0M	1.9M
Other Current Liab	196.7K	48.8K	77.9K	201.5K	231.7K	144.4K
Total Current Liabilities	289.0K	223.4K	152.8K	93.6K	322.4K	220.6K
Total Stockholder Equity	1.2M	1.1M	2.9M	1.4M	2.6M	1.7M
Net Tangible Assets	2.0M	1.2M	1.1M	2.9M	3.3M	3.5M
Retained Earnings	(16.1M)	(17.7M)	(18.6M)	(20.1M)	(21.3M)	(20.2M)
Accounts Payable	83.9K	113.3K	62.2K	80.4K	92.4K	93.9K
Cash	1.3M	1.1M	2.6M	963.4K	2.7M	1.6M
Other Assets	162.1K	175.0K	189.2K	170.7K	196.3K	135.4K
Net Receivables	19.6K	58.6K	17.8K	9.1K	10.5K	10.0K
Other Current Assets	39.2K	30.4K	34.4K	26.9K	31.0K	28.2K
Other Stockholder Equity	2.0M	2.1M	1.8M	1.8M	2.1M	1.6M
Total Liab	335.9K	261.7K	182.0K	118.1K	346.9K	239.4K
Total Current Assets	1.4M	1.1M	2.8M	1.3M	2.8M	1.7M
Common Stock	10.3M	11.2M	11.9M	13.9M	16.0M	9.4M
Property Plant Equipment	3.9K	33.1K	23.4K	86.6K	99.6K	104.5K
Non Current Assets Total	208.1K	212.6K	257.3K	220.8K	211.6K	211.6K
Non Current Liabilities Total	24.5K	46.9K	38.3K	29.2K	28.2K	25.8K
Common Stock Shares Outstanding	98.7M	108.1M	117.6M	133.2M	160.1M	129.9M
Net Invested Capital	1.2M	1.1M	2.9M	1.4M	2.6M	1.9M
Net Working Capital	1.1M	886.2K	2.7M	1.2M	2.4M	1.7M

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