SJT Stock | | | USD 4.04 0.21 5.48% |
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 Short Term Investments and its Total Assets 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.
Short Term Investments vs Total Assets
Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
San Juan Basin Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between San Juan's Short Term Investments and Total Assets is -0.19. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets 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 Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of San Juan Basin are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., San Juan's Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of San Juan balance sheet. It contains any investments San Juan Basin undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that San Juan Basin can easily liquidate in the marketplace.
Total Assets
Total assets refers to the total amount of San Juan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in San Juan Basin books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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