SJT Stock | | | USD 4.10 0.06 1.49% |
San Juan financial indicator trend analysis is much more than just breaking down San Juan Basin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether San Juan Basin is a good investment. Please check the relationship between San Juan Accounts Payable and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in San Juan Basin. 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.
Accounts Payable vs Other Current Liab
Accounts Payable vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
San Juan Basin Accounts Payable account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between San Juan's Accounts Payable and Other Current Liab is -0.22. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of San Juan Basin, assuming nothing else is changed. The correlation between historical values of San Juan's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of San Juan Basin are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., San Juan's Accounts Payable and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents San Juan obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of San Juan Basin are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Other Current Liab
Most indicators from San Juan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into San Juan Basin 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
World Market Map to better understand how to build diversified portfolios, which includes a position in San Juan Basin. 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.
Selling General Administrative is likely to drop to about 1.7
M in 2024.
Sales General And Administrative To Revenue is likely to drop to 0.03 in 2024
San Juan fundamental ratios Correlations
Click cells to compare fundamentals
San Juan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
San Juan fundamental ratios Accounts
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