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 Total Revenue and its Minority Interest 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.
Total Revenue vs Minority Interest
Total Revenue vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SJW Group Common Total Revenue account and
Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SJW Group's Total Revenue and Minority Interest is -0.54. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Minority Interest 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 Total Revenue and Minority Interest 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 Revenue of SJW Group Common are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Total Revenue i.e., SJW Group's Total Revenue and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts SJW Group Common generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
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 Profit | 318.6M | 357.2M | 306.0M | 321.3M | Total Revenue | 573.7M | 620.7M | 670.4M | 703.9M |
SJW Group fundamental ratios Correlations
Click cells to compare fundamentals
SJW Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SJW Group fundamental ratios Accounts
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