SJW Minority Interest vs Interest Expense Analysis

SJW Stock  USD 55.14  1.33  2.36%   
SJW Group financial indicator trend analysis is much more than just breaking down SJW Group Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SJW Group Common is a good investment. Please check the relationship between SJW Group Minority Interest and its Interest Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Group Common. 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.

Minority Interest vs Interest Expense

Minority Interest vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SJW Group Common Minority Interest account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SJW Group's Minority Interest and Interest Expense is -0.57. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Expense in the same time period over historical financial statements of SJW Group Common, assuming nothing else is changed. The correlation between historical values of SJW Group's Minority Interest and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of SJW Group Common are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Minority Interest i.e., SJW Group's Minority Interest and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.57
Relationship DirectionNegative 
Relationship StrengthVery Weak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of SJW Group Common whose combined shares represent less than 50% of the total outstanding shares issued by SJW Group have a minority interest in SJW Group.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from SJW Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SJW Group Common 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 SJW Group Common. 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.
At this time, SJW Group's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 52.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit318.6M357.2M306.0M321.3M
Total Revenue573.7M620.7M670.4M703.9M

SJW Group fundamental ratios Correlations

0.780.990.880.930.940.970.920.980.740.91-0.110.980.58-0.110.97-0.730.970.090.70.720.660.950.320.89-0.73
0.780.750.660.640.680.640.70.70.790.580.040.650.030.040.68-0.670.650.090.220.570.970.610.290.61-0.67
0.990.750.880.950.940.980.920.980.680.92-0.120.990.59-0.120.98-0.730.990.080.710.720.640.950.320.91-0.73
0.880.660.880.830.810.870.740.90.580.72-0.210.880.61-0.210.88-0.520.880.010.630.570.580.90.190.82-0.52
0.930.640.950.830.940.950.940.910.640.940.030.950.620.030.94-0.730.940.090.780.790.520.890.450.99-0.73
0.940.680.940.810.940.970.940.880.730.950.170.950.630.170.95-0.80.940.120.820.890.540.940.590.9-0.8
0.970.640.980.870.950.970.920.960.680.96-0.081.00.7-0.080.99-0.740.990.150.820.740.510.980.390.91-0.74
0.920.70.920.740.940.940.920.880.70.950.050.920.540.050.93-0.880.90.30.720.790.580.880.460.9-0.88
0.980.70.980.90.910.880.960.880.620.87-0.290.970.62-0.290.96-0.660.980.090.670.60.620.940.160.88-0.66
0.740.790.680.580.640.730.680.70.620.70.180.660.260.180.72-0.750.660.340.460.620.640.640.470.59-0.75
0.910.580.920.720.940.950.960.950.870.70.050.940.630.050.95-0.820.930.260.810.780.440.890.490.9-0.82
-0.110.04-0.12-0.210.030.17-0.080.05-0.290.180.05-0.12-0.171.0-0.11-0.23-0.15-0.090.150.59-0.05-0.10.880.04-0.23
0.980.650.990.880.950.951.00.920.970.660.94-0.120.69-0.120.99-0.721.00.110.790.720.530.970.340.91-0.72
0.580.030.590.610.620.630.70.540.620.260.63-0.170.69-0.170.66-0.310.680.110.820.44-0.10.740.190.61-0.31
-0.110.04-0.12-0.210.030.17-0.080.05-0.290.180.051.0-0.12-0.17-0.11-0.23-0.15-0.090.150.59-0.05-0.10.880.04-0.23
0.970.680.980.880.940.950.990.930.960.720.95-0.110.990.66-0.11-0.750.990.180.790.710.560.970.350.9-0.75
-0.73-0.67-0.73-0.52-0.73-0.8-0.74-0.88-0.66-0.75-0.82-0.23-0.72-0.31-0.23-0.75-0.7-0.53-0.54-0.73-0.56-0.69-0.55-0.681.0
0.970.650.990.880.940.940.990.90.980.660.93-0.151.00.68-0.150.99-0.70.10.790.70.530.970.320.9-0.7
0.090.090.080.010.090.120.150.30.090.340.26-0.090.110.11-0.090.18-0.530.10.0-0.020.070.12-0.030.04-0.53
0.70.220.710.630.780.820.820.720.670.460.810.150.790.820.150.79-0.540.790.00.730.050.810.550.75-0.54
0.720.570.720.570.790.890.740.790.60.620.780.590.720.440.590.71-0.730.7-0.020.730.410.720.870.77-0.73
0.660.970.640.580.520.540.510.580.620.640.44-0.050.53-0.1-0.050.56-0.560.530.070.050.410.480.140.49-0.56
0.950.610.950.90.890.940.980.880.940.640.89-0.10.970.74-0.10.97-0.690.970.120.810.720.480.350.84-0.69
0.320.290.320.190.450.590.390.460.160.470.490.880.340.190.880.35-0.550.32-0.030.550.870.140.350.44-0.55
0.890.610.910.820.990.90.910.90.880.590.90.040.910.610.040.9-0.680.90.040.750.770.490.840.44-0.68
-0.73-0.67-0.73-0.52-0.73-0.8-0.74-0.88-0.66-0.75-0.82-0.23-0.72-0.31-0.23-0.751.0-0.7-0.53-0.54-0.73-0.56-0.69-0.55-0.68
Click cells to compare fundamentals

SJW Group Account Relationship Matchups

SJW Group fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding28.6M28.7M29.7M30.4M31.7M29.5M
Total Assets3.1B3.3B3.5B3.6B1.8B1.3B
Short Long Term Debt Total1.5B1.5B1.6B1.7B1.7B1.8B
Other Current Liab18.3M65.3M62.8M72.1M60.0M62.9M
Total Current Liabilities234.6M350.8M203.3M264.7M343.0M360.1M
Total Stockholder Equity890.0M917.2M1.0B1.1B1.2B1.3B
Property Plant And Equipment Net2.2B2.3B2.5B2.6B3.2B3.3B
Current Deferred Revenue28.0M41.9M46.1M43.0M49.4M51.9M
Net Debt1.4B1.5B1.6B1.6B1.7B1.8B
Retained Earnings383.2M408.0M428.3M458.4M495.4M254.9M
Accounts Payable34.9M34.2M30.4M29.6M46.1M48.4M
Cash12.9M5.3M10.9M12.3M9.7M9.2M
Non Current Assets Total3.0B3.2B3.4B3.5B4.2B4.4B
Non Currrent Assets Other4.7M6.9M4.5M190.1M264.6M277.8M
Cash And Short Term Investments12.9M5.3M10.9M12.3M9.7M9.2M
Net Receivables88.1M103.1M104.8M110.5M126.3M132.6M
Liabilities And Stockholders Equity3.1B3.3B3.5B3.6B4.4B4.6B
Non Current Liabilities Total2.0B2.1B2.2B2.3B2.8B2.9B
Other Current Assets16.0M19.0M18.4M35.6M62.4M65.5M
Other Stockholder Equity506.6M510.2M606.4M651.0M736.2M773.0M
Total Liab2.2B2.4B2.5B2.5B593.1M862.5M
Property Plant And Equipment Gross2.2B2.3B3.6B3.8B4.1B4.3B
Total Current Assets122.0M127.3M134.1M154.7M198.4M208.3M
Accumulated Other Comprehensive Income126K(1.1M)(163K)1.5M1.8M1.9M
Short Term Debt139.5M251.3M102.1M163.9M220.5M231.5M
Other Liab724.3M763.6M755.2M765.1M879.9M923.9M
Other Assets118.6M171.0M156.5M39.1M(2.6B)(2.5B)
Long Term Debt1.4B1.3B1.5B1.5B1.5B1.6B
Good Will628.3M628.1M640.5M640.3M736.4M773.2M
Intangible Assets33.4M35.2M36.3M24.5M43.4M45.6M
Property Plant Equipment44.1M2.4B2.5B2.6B3.0B3.2B
Net Tangible Assets261.7M1.0B394.0M1.2B1.4B1.5B
Retained Earnings Total Equity383.2M408.0M428.3M458.4M527.1M346.1M
Long Term Debt Total1.4B1.3B1.5B1.5B1.7B1.8B
Capital Surpluse506.6M510.2M606.4M651.0M748.7M786.1M
Deferred Long Term Liab195.6M191.4M152.0M218.2M250.9M178.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SJW Stock Analysis

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