PJX Property Plant Equipment vs Total Cash From Operating Activities 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 Property Plant Equipment and its Total Cash From Operating Activities 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.

Property Plant Equipment vs Total Cash From Operating Activities

Property Plant Equipment vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PJX Resources Property Plant Equipment account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PJX Resources' Property Plant Equipment and Total Cash From Operating Activities is 0.54. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Cash From Operating Activities 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' Property Plant Equipment and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of PJX Resources are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Property Plant Equipment i.e., PJX Resources' Property Plant Equipment and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Cash From Operating Activities

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

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