Jaguar Property Plant And Equipment Net vs Accounts Payable Analysis
JAG Stock | CAD 2.23 0.04 1.76% |
Jaguar Mining financial indicator trend analysis is infinitely more than just investigating Jaguar Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jaguar Mining is a good investment. Please check the relationship between Jaguar Mining Property Plant And Equipment Net and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaguar Mining. 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.
Property Plant And Equipment Net vs Accounts Payable
Property Plant And Equipment Net vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jaguar Mining Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jaguar Mining's Property Plant And Equipment Net and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Jaguar Mining, assuming nothing else is changed. The correlation between historical values of Jaguar Mining's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Jaguar Mining are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Jaguar Mining's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents Jaguar Mining 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 Jaguar Mining 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.Most indicators from Jaguar Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jaguar Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaguar Mining. 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, Jaguar Mining's Selling General Administrative is very stable compared to the past year. As of the 24th of December 2024, Enterprise Value Over EBITDA is likely to grow to 2.05, though Tax Provision is likely to grow to (945.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.8M | 19.0M | 35.2M | 18.5M | Cost Of Revenue | 91.4M | 104.4M | 80.1M | 80.6M |
Jaguar Mining fundamental ratios Correlations
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Jaguar Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jaguar Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 200.9M | 249.8M | 270.0M | 288.1M | 309.1M | 222.1M | |
Short Long Term Debt Total | 8.6M | 5.8M | 6.9M | 7.0M | 5.8M | 5.5M | |
Other Current Liab | 11.3M | 10.7M | 15.1M | 12.5M | 14.8M | 10.3M | |
Total Current Liabilities | 30.5M | 31.3M | 30.8M | 35.1M | 33.4M | 44.2M | |
Total Stockholder Equity | 128.6M | 189.7M | 211.4M | 217.0M | 240.3M | 252.3M | |
Property Plant And Equipment Net | 137.4M | 170.5M | 196.3M | 225.8M | 250.9M | 167.9M | |
Net Debt | (2.3M) | (33.1M) | (33.5M) | (18.2M) | (16.2M) | (15.4M) | |
Retained Earnings | (465.8M) | (402.4M) | (382.1M) | (377.6M) | (361.8M) | (343.7M) | |
Accounts Payable | 10.4M | 11.6M | 10.4M | 14.2M | 10.6M | 10.4M | |
Cash | 10.9M | 38.9M | 40.4M | 25.2M | 22.0M | 23.5M | |
Non Current Assets Total | 161.0M | 189.3M | 207.2M | 233.6M | 263.1M | 181.6M | |
Non Currrent Assets Other | 15.1M | 10.4M | 10.9M | 7.8M | 12.2M | 19.9M | |
Cash And Short Term Investments | 10.9M | 38.9M | 40.4M | 25.2M | 22.0M | 23.7M | |
Common Stock Shares Outstanding | 52.8M | 73.4M | 73.4M | 73.5M | 75.5M | 79.3M | |
Liabilities And Stockholders Equity | 200.9M | 249.8M | 270.0M | 288.1M | 309.1M | 222.1M | |
Non Current Liabilities Total | 41.8M | 28.8M | 27.7M | 36.0M | 35.4M | 60.3M | |
Other Current Assets | 16.3M | 9.0M | 7.9M | 13.1M | 8.3M | 8.2M | |
Other Stockholder Equity | 20.9M | 21.0M | 23.5M | 23.8M | 28.0M | 31.4M | |
Total Liab | 72.3M | 60.1M | 58.6M | 71.1M | 68.8M | 104.3M | |
Property Plant And Equipment Gross | 137.4M | 170.5M | 782.5M | 828.0M | 874.2M | 917.9M | |
Total Current Assets | 40.0M | 60.4M | 62.8M | 54.6M | 46.0M | 47.0M | |
Accumulated Other Comprehensive Income | 2.5M | 2.8M | 3.2M | 4.2M | 4.2M | 4.4M | |
Short Term Debt | 7.6M | 4.6M | 4.5M | 5.5M | 5.2M | 5.0M | |
Net Receivables | 13.2M | 5.0M | 5.2M | 8.9M | 5.9M | 10.1M | |
Inventory | 12.7M | 12.5M | 14.5M | 16.2M | 15.6M | 16.6M | |
Other Assets | 15.1M | (1K) | 10.9M | 517K | 465.3K | 442.0K | |
Common Stock | 570.9M | 565.7M | 566.9M | 566.7M | 574M | 528.5M | |
Common Stock Total Equity | 545.7M | 546.3M | 570.9M | 565.7M | 650.6M | 511.8M | |
Other Liab | 40.8M | 27.6M | 25.3M | 34.5M | 39.7M | 30.9M | |
Net Tangible Assets | 128.6M | 189.7M | 211.4M | 217.0M | 249.6M | 133.8M | |
Short Long Term Debt | 5.6M | 3.1M | 3.0M | 3.0M | 3.3M | 3.1M | |
Property Plant Equipment | 137.4M | 170.5M | 196.3M | 225.8M | 203.2M | 142.9M | |
Long Term Debt Total | 969K | 1.2M | 2.4M | 1.6M | 1.4M | 1.3M | |
Capital Surpluse | 20.9M | 21.0M | 23.5M | 23.8M | 27.3M | 23.7M | |
Capital Lease Obligations | 3.0M | 2.7M | 3.9M | 4.0M | 2.5M | 3.0M |
Pair Trading with Jaguar Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jaguar Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jaguar Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Jaguar Stock
Moving against Jaguar Stock
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The ability to find closely correlated positions to Jaguar Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jaguar Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jaguar Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jaguar Mining to buy it.
The correlation of Jaguar Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jaguar Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jaguar Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jaguar Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Jaguar Stock
Balance Sheet is a snapshot of the financial position of Jaguar Mining at a specified time, usually calculated after every quarter, six months, or one year. Jaguar Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jaguar Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jaguar currently owns. An asset can also be divided into two categories, current and non-current.