Jupiter Net Debt vs Total Current Liabilities Analysis
| JUNS Stock | USD 9.73 1.13 10.41% |
Jupiter Neurosciences, financial indicator trend analysis is infinitely more than just investigating Jupiter Neurosciences, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Neurosciences, is a good investment. Please check the relationship between Jupiter Neurosciences, Net Debt and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Neurosciences, 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 board of governors.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Neurosciences, Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jupiter Neurosciences,'s Net Debt and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jupiter Neurosciences, Common, assuming nothing else is changed. The correlation between historical values of Jupiter Neurosciences,'s Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Jupiter Neurosciences, Common are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Jupiter Neurosciences,'s Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Jupiter Neurosciences, balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jupiter Neurosciences, Common are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Jupiter Neurosciences,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Neurosciences, 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 Jupiter Neurosciences, 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 board of governors. Sales General And Administrative To Revenue is likely to gain to 11.03 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.8 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 638.0K | 233.3K | 210.0K | 199.5K | Total Revenue | 638.0K | 233.3K | 210.0K | 199.5K |
Jupiter Neurosciences, fundamental ratios Correlations
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Jupiter Neurosciences, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Jupiter Neurosciences,'s price analysis, check to measure Jupiter Neurosciences,'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 Jupiter Neurosciences, is operating at the current time. Most of Jupiter Neurosciences,'s value examination focuses on studying past and present price action to predict the probability of Jupiter Neurosciences,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Neurosciences,'s price. Additionally, you may evaluate how the addition of Jupiter Neurosciences, to your portfolios can decrease your overall portfolio volatility.