PJX Other Stockholder Equity vs Property Plant And Equipment Net Analysis

PJX Stock  CAD 0.1  0.01  13.64%   
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 Other Stockholder Equity and its Property Plant And Equipment Net 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.

Other Stockholder Equity vs Property Plant And Equipment Net

Other Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PJX Resources Other Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between PJX Resources' Other Stockholder Equity and Property Plant And Equipment Net is 0.33. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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' Other Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of PJX Resources are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Stockholder Equity i.e., PJX Resources' Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Income522.0495.9
Reconciled Depreciation24.9K17.8K

PJX Resources fundamental ratios Correlations

0.470.771.00.86-0.660.60.990.710.060.340.810.771.00.740.370.580.590.630.760.76-0.290.580.54-0.490.57
0.470.520.440.45-0.510.210.440.490.390.730.610.520.460.54-0.040.080.320.320.350.36-0.160.220.07-0.220.23
0.770.520.70.56-0.470.710.790.640.340.360.790.990.770.52-0.070.30.460.390.470.48-0.230.22-0.02-0.170.12
1.00.440.70.87-0.650.570.980.690.010.310.780.710.990.730.420.590.580.630.770.77-0.290.60.6-0.520.62
0.860.450.560.87-0.80.480.820.69-0.150.320.740.570.850.770.70.680.640.790.770.76-0.60.810.67-0.820.81
-0.66-0.51-0.47-0.65-0.8-0.26-0.58-0.92-0.08-0.68-0.83-0.53-0.62-0.95-0.6-0.85-0.91-0.94-0.78-0.770.5-0.86-0.560.82-0.76
0.60.210.710.570.48-0.260.630.40.2-0.050.590.680.610.28-0.090.110.170.150.030.03-0.140.09-0.16-0.1-0.01
0.990.440.790.980.82-0.580.630.650.050.270.770.791.00.660.310.50.520.560.720.72-0.290.510.47-0.430.51
0.710.490.640.690.69-0.920.40.650.230.670.940.710.680.950.350.810.940.860.740.73-0.250.710.4-0.610.59
0.060.390.340.01-0.15-0.080.20.050.230.370.360.360.040.11-0.42-0.030.13-0.11-0.17-0.170.22-0.28-0.330.37-0.38
0.340.730.360.310.32-0.68-0.050.270.670.370.650.410.310.660.030.390.570.50.530.53-0.160.360.26-0.290.29
0.810.610.790.780.74-0.830.590.770.940.360.650.830.790.870.240.660.790.720.660.65-0.250.570.33-0.490.48
0.770.520.990.710.57-0.530.680.790.710.360.410.830.770.58-0.040.380.530.450.520.52-0.230.270.02-0.210.16
1.00.460.770.990.85-0.620.611.00.680.040.310.790.770.710.350.550.560.60.740.75-0.290.550.52-0.470.56
0.740.540.520.730.77-0.950.280.660.950.110.660.870.580.710.50.830.940.920.810.8-0.280.820.56-0.720.75
0.37-0.04-0.070.420.7-0.6-0.090.310.35-0.420.030.24-0.040.350.50.670.530.750.630.62-0.680.890.77-0.910.91
0.580.080.30.590.68-0.850.110.50.81-0.030.390.660.380.550.830.670.90.890.80.78-0.340.820.72-0.730.75
0.590.320.460.580.64-0.910.170.520.940.130.570.790.530.560.940.530.90.940.780.77-0.290.820.49-0.70.71
0.630.320.390.630.79-0.940.150.560.86-0.110.50.720.450.60.920.750.890.940.860.85-0.540.960.63-0.90.88
0.760.350.470.770.77-0.780.030.720.74-0.170.530.660.520.740.810.630.80.780.861.0-0.440.810.77-0.720.81
0.760.360.480.770.76-0.770.030.720.73-0.170.530.650.520.750.80.620.780.770.851.0-0.440.80.76-0.710.8
-0.29-0.16-0.23-0.29-0.60.5-0.14-0.29-0.250.22-0.16-0.25-0.23-0.29-0.28-0.68-0.34-0.29-0.54-0.44-0.44-0.63-0.30.73-0.53
0.580.220.220.60.81-0.860.090.510.71-0.280.360.570.270.550.820.890.820.820.960.810.8-0.630.72-0.970.96
0.540.07-0.020.60.67-0.56-0.160.470.4-0.330.260.330.020.520.560.770.720.490.630.770.76-0.30.72-0.670.83
-0.49-0.22-0.17-0.52-0.820.82-0.1-0.43-0.610.37-0.29-0.49-0.21-0.47-0.72-0.91-0.73-0.7-0.9-0.72-0.710.73-0.97-0.67-0.93
0.570.230.120.620.81-0.76-0.010.510.59-0.380.290.480.160.560.750.910.750.710.880.810.8-0.530.960.83-0.93
Click cells to compare fundamentals

PJX Resources Account Relationship Matchups

PJX Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6M1.3M3.1M1.5M3.0M1.9M
Other Current Liab196.7K48.8K77.9K201.5K231.7K144.4K
Total Current Liabilities289.0K223.4K152.8K93.6K322.4K220.6K
Total Stockholder Equity1.2M1.1M2.9M1.4M2.6M1.7M
Net Tangible Assets2.0M1.2M1.1M2.9M3.3M3.5M
Retained Earnings(16.1M)(17.7M)(18.6M)(20.1M)(21.3M)(20.2M)
Accounts Payable83.9K113.3K62.2K80.4K92.4K93.9K
Cash1.3M1.1M2.6M963.4K2.7M1.6M
Other Assets162.1K175.0K189.2K170.7K196.3K135.4K
Net Receivables19.6K58.6K17.8K9.1K10.5K10.0K
Other Current Assets39.2K30.4K34.4K26.9K31.0K28.2K
Other Stockholder Equity2.0M2.1M1.8M1.8M2.1M1.6M
Total Liab335.9K261.7K182.0K118.1K346.9K239.4K
Total Current Assets1.4M1.1M2.8M1.3M2.8M1.7M
Common Stock10.3M11.2M11.9M13.9M16.0M9.4M
Property Plant Equipment3.9K33.1K23.4K86.6K99.6K104.5K
Non Current Assets Total208.1K212.6K257.3K220.8K211.6K211.6K
Non Current Liabilities Total24.5K46.9K38.3K29.2K28.2K25.8K
Common Stock Shares Outstanding98.7M108.1M117.6M133.2M160.1M129.9M
Net Invested Capital1.2M1.1M2.9M1.4M2.6M1.9M
Net Working Capital1.1M886.2K2.7M1.2M2.4M1.7M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for PJX Stock Analysis

When running PJX Resources' price analysis, check to measure PJX Resources' 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 PJX Resources is operating at the current time. Most of PJX Resources' value examination focuses on studying past and present price action to predict the probability of PJX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PJX Resources' price. Additionally, you may evaluate how the addition of PJX Resources to your portfolios can decrease your overall portfolio volatility.