Jaxon Non Current Assets Total vs Selling General Administrative Analysis

JAX Stock  CAD 0.01  0.00  0.00%   
Jaxon Mining financial indicator trend analysis is infinitely more than just investigating Jaxon Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jaxon Mining is a good investment. Please check the relationship between Jaxon Mining Non Current Assets Total and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaxon 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.

Non Current Assets Total vs Selling General Administrative

Non Current Assets Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jaxon Mining Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jaxon Mining's Non Current Assets Total and Selling General Administrative is 0.27. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Jaxon Mining, assuming nothing else is changed. The correlation between historical values of Jaxon Mining's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Jaxon Mining are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Jaxon Mining's Non Current Assets Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Selling General Administrative

Most indicators from Jaxon Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jaxon 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 Jaxon 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.
Selling General Administrative is likely to climb to about 787.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 145.6 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income120.012.6K11.4K8.2K
Reconciled Depreciation63.4K67.0K77.0K40.2K

Jaxon Mining fundamental ratios Correlations

0.950.91.01.0-0.940.830.270.750.91-0.10.520.740.930.970.940.930.16-0.570.770.880.7-0.90.840.80.57
0.950.770.970.97-0.90.660.440.610.78-0.150.670.770.910.880.90.870.38-0.440.630.740.49-0.820.670.620.53
0.90.770.860.86-0.80.980.00.941.00.10.360.660.770.90.790.810.03-0.740.680.840.77-0.810.890.850.36
1.00.970.861.0-0.940.780.320.70.87-0.140.540.740.940.960.940.930.18-0.530.760.860.68-0.890.820.780.6
1.00.970.861.0-0.940.780.320.70.87-0.140.540.740.940.960.940.930.18-0.530.760.860.68-0.890.820.780.6
-0.94-0.9-0.8-0.94-0.94-0.74-0.24-0.64-0.820.06-0.36-0.78-0.94-0.95-0.94-0.95-0.130.41-0.79-0.88-0.630.95-0.79-0.76-0.65
0.830.660.980.780.78-0.74-0.160.970.980.060.20.560.70.870.730.77-0.03-0.760.690.830.77-0.810.890.860.36
0.270.440.00.320.32-0.24-0.16-0.130.0-0.170.810.330.290.090.290.130.20.12-0.170.04-0.10.04-0.06-0.21-0.07
0.750.610.940.70.7-0.640.97-0.130.940.090.270.510.610.760.630.650.0-0.780.530.720.66-0.680.80.730.24
0.910.781.00.870.87-0.820.980.00.940.10.350.670.790.910.810.830.03-0.740.710.860.78-0.830.90.860.4
-0.1-0.150.1-0.14-0.140.060.06-0.170.090.1-0.140.3-0.11-0.08-0.1-0.09-0.15-0.08-0.03-0.020.050.070.020.02-0.09
0.520.670.360.540.54-0.360.20.810.270.35-0.140.490.470.310.450.330.46-0.120.010.20.09-0.150.170.06-0.05
0.740.770.660.740.74-0.780.560.330.510.670.30.490.740.70.720.690.26-0.380.510.60.41-0.660.550.510.43
0.930.910.770.940.94-0.940.70.290.610.79-0.110.470.740.910.990.980.18-0.30.80.910.7-0.90.830.780.55
0.970.880.90.960.96-0.950.870.090.760.91-0.080.310.70.910.930.960.06-0.590.860.930.76-0.960.90.880.65
0.940.90.790.940.94-0.940.730.290.630.81-0.10.450.720.990.930.980.06-0.350.830.940.76-0.890.870.820.6
0.930.870.810.930.93-0.950.770.130.650.83-0.090.330.690.980.960.980.1-0.370.880.950.78-0.950.880.880.62
0.160.380.030.180.18-0.13-0.030.20.00.03-0.150.460.260.180.060.060.10.13-0.22-0.16-0.41-0.12-0.23-0.21-0.19
-0.57-0.44-0.74-0.53-0.530.41-0.760.12-0.78-0.74-0.08-0.12-0.38-0.3-0.59-0.35-0.370.13-0.36-0.45-0.460.47-0.6-0.52-0.32
0.770.630.680.760.76-0.790.69-0.170.530.71-0.030.010.510.80.860.830.88-0.22-0.360.90.85-0.850.870.930.8
0.880.740.840.860.86-0.880.830.040.720.86-0.020.20.60.910.930.940.95-0.16-0.450.90.89-0.90.970.930.57
0.70.490.770.680.68-0.630.77-0.10.660.780.050.090.410.70.760.760.78-0.41-0.460.850.89-0.670.940.950.44
-0.9-0.82-0.81-0.89-0.890.95-0.810.04-0.68-0.830.07-0.15-0.66-0.9-0.96-0.89-0.95-0.120.47-0.85-0.9-0.67-0.83-0.84-0.68
0.840.670.890.820.82-0.790.89-0.060.80.90.020.170.550.830.90.870.88-0.23-0.60.870.970.94-0.830.960.51
0.80.620.850.780.78-0.760.86-0.210.730.860.020.060.510.780.880.820.88-0.21-0.520.930.930.95-0.840.960.57
0.570.530.360.60.6-0.650.36-0.070.240.4-0.09-0.050.430.550.650.60.62-0.19-0.320.80.570.44-0.680.510.57
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Jaxon Mining Account Relationship Matchups

Jaxon Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9M5.5M7.9M8.1M9.3M9.8M
Total Current Liabilities519.6K260.0K835.0K1.5M1.7M1.8M
Total Stockholder Equity5.4M5.2M7.0M6.6M7.6M8.0M
Net Tangible Assets5.4M5.2M7.0M6.6M7.6M8.0M
Retained Earnings(12.8M)(13.0M)(14.0M)(14.6M)(13.2M)(13.8M)
Accounts Payable162.3K123.4K647.8K1.4M1.6M1.6M
Cash1.8M429.2K35.5K84.5K97.1K92.3K
Net Receivables39.8K18.7K15.0K813.7K935.8K982.6K
Total Liab519.6K342.9K887.1K1.5M1.7M1.8M
Total Current Assets1.9M493.0K103.5K977.1K1.1M855.8K
Common Stock16.2M16.2M18.7M18.8M21.7M13.7M
Property Plant Equipment4.0M5.0M7.7M7.0M8.1M8.5M
Other Stockholder Equity2.0M2.0M2.4M2.4M2.8M1.7M
Non Current Assets Total4.0M5.1M7.8M7.1M8.2M4.8M
Non Currrent Assets Other2.3M4.0M119.8K91K81.9K77.8K
Common Stock Shares Outstanding125.8M126.0M161.1M168.0M193.2M137.3M
Net Invested Capital5.4M5.3M7.1M6.7M7.7M6.2M
Net Working Capital1.4M232.9K(731.5K)(483.3K)(435.0K)(413.2K)
Capital Stock16.2M16.2M18.7M18.8M21.7M18.6M

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