PJX Total Current Liabilities vs Property Plant Equipment Analysis

PJX Stock

CAD 0.09 0.02 18.18%

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 Total Current Liabilities and its Property Plant Equipment 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.

Total Current Liabilities vs Property Plant Equipment

Total Current Liabilities vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PJX Resources Total Current Liabilities account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between PJX Resources' Total Current Liabilities and Property Plant Equipment is -0.07. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant Equipment 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' Total Current Liabilities and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of PJX Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Current Liabilities i.e., PJX Resources' Total Current Liabilities and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on PJX Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PJX Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant Equipment

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

Click cells to compare fundamentals

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

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC