| 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 Total Assets and its Cash And Short Term Investments 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.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jervois Mining Total Assets account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jervois Mining's Total Assets and Cash And Short Term Investments is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments 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 Total Assets and Cash And Short Term Investments 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 Assets of Jervois Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., Jervois Mining's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Jervois Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jervois Mining books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Jervois Mining balance sheet. This account contains Jervois Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Jervois Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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).
Jervois Mining fundamental ratios Correlations
Click cells to compare fundamentals
Jervois Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jervois Mining fundamental ratios Accounts
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Additional Tools for Jervois Stock Analysis
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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.