Jervois Price To Sales Ratio vs Average Payables Analysis

JRV Stock  CAD 0.01  0.01  50.00%   
Jervois Mining financial indicator trend analysis is infinitely more than just investigating Jervois Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jervois Mining is a good investment. Please check the relationship between Jervois Mining Price To Sales Ratio and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jervois 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.

Price To Sales Ratio vs Average Payables

Price To Sales Ratio vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jervois Mining Price To Sales Ratio account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jervois Mining's Price To Sales Ratio and Average Payables is -0.18. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Payables in the same time period over historical financial statements of Jervois Mining, assuming nothing else is changed. The correlation between historical values of Jervois Mining's Price To Sales Ratio and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Jervois Mining are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Price To Sales Ratio i.e., Jervois Mining's Price To Sales Ratio and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Jervois Mining stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Jervois Mining sales, a figure that is much harder to manipulate than other Jervois Mining multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Most indicators from Jervois Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jervois 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 Jervois 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, Jervois Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 244.7 M in 2024, despite the fact that Tax Provision is likely to grow to (8.6 M).
 2011 2023 2024 (projected)
Cost Of Revenue110.8M228.8M240.3M
Research Development330.4K297.3K218.2K

Jervois Mining fundamental ratios Correlations

0.720.840.990.960.88-0.580.90.970.780.820.7-0.150.990.870.840.840.650.270.38-0.020.90.960.960.20.62
0.720.760.760.680.41-0.10.810.650.390.940.18-0.260.660.930.490.890.270.070.22-0.080.470.670.570.110.39
0.840.760.80.820.83-0.650.740.840.770.910.72-0.460.860.940.870.910.620.270.250.020.850.850.860.160.46
0.990.760.80.930.82-0.470.910.940.70.820.61-0.080.960.870.770.830.570.250.41-0.030.830.930.930.20.64
0.960.680.820.930.84-0.70.940.990.890.820.77-0.380.960.840.910.880.810.310.250.010.920.990.910.210.36
0.880.410.830.820.84-0.810.670.890.850.620.89-0.210.930.70.90.670.720.330.330.050.960.880.970.180.59
-0.58-0.1-0.65-0.47-0.7-0.81-0.47-0.72-0.93-0.41-0.970.61-0.67-0.43-0.91-0.52-0.91-0.41-0.01-0.15-0.87-0.72-0.71-0.2-0.04
0.90.810.740.910.940.67-0.470.90.750.870.52-0.340.880.860.760.910.680.20.16-0.030.780.930.80.150.3
0.970.650.840.940.990.89-0.720.90.890.80.81-0.330.970.830.920.860.80.320.310.010.950.990.950.210.44
0.780.390.770.70.890.85-0.930.750.890.650.92-0.620.840.660.980.750.960.350.050.090.950.90.830.160.11
0.820.940.910.820.820.62-0.410.870.80.650.47-0.450.80.990.730.980.530.190.19-0.010.70.830.730.150.35
0.70.180.720.610.770.89-0.970.520.810.920.47-0.460.770.520.940.560.870.410.190.120.920.780.810.210.24
-0.15-0.26-0.46-0.08-0.38-0.210.61-0.34-0.33-0.62-0.45-0.46-0.22-0.37-0.57-0.54-0.67-0.220.41-0.13-0.4-0.37-0.17-0.080.55
0.990.660.860.960.960.93-0.670.880.970.840.80.77-0.220.850.890.830.710.290.330.00.950.980.990.190.58
0.870.930.940.870.840.7-0.430.860.830.660.990.52-0.370.850.760.970.510.20.26-0.030.740.850.80.150.47
0.840.490.870.770.910.9-0.910.760.920.980.730.94-0.570.890.760.810.910.390.150.090.970.920.890.220.24
0.840.890.910.830.880.67-0.520.910.860.750.980.56-0.540.830.970.810.650.220.13-0.010.770.880.760.150.26
0.650.270.620.570.810.72-0.910.680.80.960.530.87-0.670.710.510.910.650.350.060.070.860.810.690.17-0.09
0.270.070.270.250.310.33-0.410.20.320.350.190.41-0.220.290.20.390.220.350.140.230.340.290.30.970.08
0.380.220.250.410.250.33-0.010.160.310.050.190.190.410.330.260.150.130.060.14-0.180.220.230.360.170.59
-0.02-0.080.02-0.030.010.05-0.15-0.030.010.09-0.010.12-0.130.0-0.030.09-0.010.070.23-0.180.060.010.020.2-0.07
0.90.470.850.830.920.96-0.870.780.950.950.70.92-0.40.950.740.970.770.860.340.220.060.950.960.180.4
0.960.670.850.930.990.88-0.720.930.990.90.830.78-0.370.980.850.920.880.810.290.230.010.950.940.180.4
0.960.570.860.930.910.97-0.710.80.950.830.730.81-0.170.990.80.890.760.690.30.360.020.960.940.190.64
0.20.110.160.20.210.18-0.20.150.210.160.150.21-0.080.190.150.220.150.170.970.170.20.180.180.190.12
0.620.390.460.640.360.59-0.040.30.440.110.350.240.550.580.470.240.26-0.090.080.59-0.070.40.40.640.12
Click cells to compare fundamentals

Jervois Mining Account Relationship Matchups

Jervois Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.4M122.7M577.0M761.0M422.0M443.1M
Other Current Liab672.8K6K22.6M28.2M597K567.2K
Total Current Liabilities1.0M14.4M148.9M104.9M88.6M93.1M
Total Stockholder Equity22.5M76.1M295.9M395.9M170.0M178.5M
Property Plant And Equipment Net19.8M77.5M155.0M326.6M195.3M205.0M
Net Debt(2.9M)(3.8M)123.4M85.6M139.3M146.3M
Retained Earnings(48.7M)(94.9M)(89.9M)(148.3M)(400.8M)(380.8M)
Cash2.9M3.9M49.1M152.6M45.4M47.6M
Non Current Assets Total21.2M116.3M262.6M442.7M303.7M318.9M
Cash And Short Term Investments2.9M4.0M49.2M152.7M175.6M184.4M
Net Receivables173.2K50K37.4M45.2M14.4M15.1M
Common Stock Shares Outstanding259.0M715.7M1.1B1.1B2.7B2.8B
Liabilities And Stockholders Equity24.4M88.0M577.0M761.0M875.2M919.0M
Total Liab1.8M11.9M281.1M365.2M252.1M264.7M
Total Current Assets6.4M42.9M314.4M318.4M118.3M124.2M
Accumulated Other Comprehensive Income487.1K11.7M12.9M13.6M15.6M16.4M
Common Stock113.0M211.7M372.8M530.6M610.2M640.7M
Accounts Payable262.5K150K22.6M34.9M13.7M14.4M
Other Assets3.2M3.0M1.015.4M17.7M18.6M
Non Current Liabilities Total10.7K10.9M132.2M260.3M163.4M171.6M
Other Current Assets49.4K116K113.3M7.5M4.6M7.7M
Inventory60.5K78K109.1M113.0M49.0M51.4M
Net Tangible Assets110.4M121.1M193.7M295.3M339.5M356.5M
Long Term Investments1.9M178K158K8.0M8.0M8.4M
Property Plant Equipment112.8M113.1M155.6M326.6M375.6M394.4M
Other Liab10.9M55K63.5M63.8M73.4M77.1M
Net Invested Capital32.2M116K619.6M614.3M354.7M260.3M
Net Working Capital2.0M5.3M228.3M213.5M29.7M28.2M

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Additional Tools for Jervois Stock Analysis

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