Great Short Term Debt vs Long Term Debt Analysis

AJX Stock  USD 3.04  0.01  0.33%   
Great Ajax financial indicator trend analysis is much more than just examining Great Ajax Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Ajax Corp is a good investment. Please check the relationship between Great Ajax Short Term Debt and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Short Term Debt vs Long Term Debt

Short Term Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Ajax Corp Short Term Debt account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Great Ajax's Short Term Debt and Long Term Debt is 0.45. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Great Ajax Corp, assuming nothing else is changed. The correlation between historical values of Great Ajax's Short Term Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Great Ajax Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Term Debt i.e., Great Ajax's Short Term Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Long Term Debt

Long-term debt is a debt that Great Ajax Corp has held for over one year. Long-term debt appears on Great Ajax Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Great Ajax Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Great Ajax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Ajax Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At this time, Great Ajax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 25 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.2M19.3M56.1M58.9M
Total Revenue31.9M35.6M71.1M40.6M

Great Ajax fundamental ratios Correlations

0.890.410.730.920.950.970.340.970.350.780.50.43-0.290.640.450.250.240.910.930.710.16-0.260.920.890.88
0.890.650.690.670.870.790.590.940.320.520.210.780.140.30.750.120.130.710.780.830.01-0.210.740.940.83
0.410.650.370.140.460.210.670.490.30.1-0.270.750.21-0.370.580.530.550.260.250.82-0.140.390.290.680.56
0.730.690.370.730.640.680.510.660.830.480.530.51-0.020.490.2-0.06-0.080.460.70.770.060.060.480.510.9
0.920.670.140.730.810.940.10.810.410.870.710.17-0.470.790.140.180.150.840.850.520.17-0.170.880.650.8
0.950.870.460.640.810.930.310.960.270.750.340.45-0.20.590.570.260.260.940.850.710.0-0.280.930.920.83
0.970.790.210.680.940.930.180.920.280.820.530.27-0.360.780.360.150.140.940.910.560.12-0.380.940.80.8
0.340.590.670.510.10.310.180.340.240.04-0.020.710.41-0.140.53-0.07-0.060.110.320.560.050.070.140.490.4
0.970.940.490.660.810.960.920.340.290.680.340.53-0.140.530.590.250.250.880.890.760.11-0.320.880.940.86
0.350.320.30.830.410.270.280.240.290.180.370.330.040.2-0.130.030.010.060.30.67-0.030.390.070.120.72
0.780.520.10.480.870.750.820.040.680.180.730.01-0.420.730.130.270.230.830.630.370.19-0.130.860.590.62
0.50.21-0.270.530.710.340.53-0.020.340.370.73-0.17-0.380.73-0.25-0.08-0.130.380.520.130.39-0.060.430.130.42
0.430.780.750.510.170.450.270.710.530.330.01-0.170.58-0.270.82-0.1-0.080.170.30.73-0.20.140.230.630.54
-0.290.140.21-0.02-0.47-0.2-0.360.41-0.140.04-0.42-0.380.58-0.510.48-0.53-0.51-0.44-0.390.12-0.34-0.02-0.43-0.06-0.1
0.640.3-0.370.490.790.590.78-0.140.530.20.730.73-0.27-0.51-0.13-0.11-0.150.710.710.080.29-0.530.660.30.46
0.450.750.580.20.140.570.360.530.59-0.130.13-0.250.820.48-0.13-0.09-0.070.40.340.49-0.13-0.20.430.740.34
0.250.120.53-0.060.180.260.15-0.070.250.030.27-0.08-0.1-0.53-0.11-0.091.00.330.150.380.110.360.320.360.27
0.240.130.55-0.080.150.260.14-0.060.250.010.23-0.13-0.08-0.51-0.15-0.071.00.320.140.380.080.350.310.370.26
0.910.710.260.460.840.940.940.110.880.060.830.380.17-0.440.710.40.330.320.830.480.12-0.380.990.830.68
0.930.780.250.70.850.850.910.320.890.30.630.520.3-0.390.710.340.150.140.830.580.32-0.390.820.770.76
0.710.830.820.770.520.710.560.560.760.670.370.130.730.120.080.490.380.380.480.58-0.030.210.50.760.91
0.160.01-0.140.060.170.00.120.050.11-0.030.190.39-0.2-0.340.29-0.130.110.080.120.32-0.03-0.090.110.060.04
-0.26-0.210.390.06-0.17-0.28-0.380.07-0.320.39-0.13-0.060.14-0.02-0.53-0.20.360.35-0.38-0.390.21-0.09-0.28-0.220.03
0.920.740.290.480.880.930.940.140.880.070.860.430.23-0.430.660.430.320.310.990.820.50.11-0.280.840.69
0.890.940.680.510.650.920.80.490.940.120.590.130.63-0.060.30.740.360.370.830.770.760.06-0.220.840.75
0.880.830.560.90.80.830.80.40.860.720.620.420.54-0.10.460.340.270.260.680.760.910.040.030.690.75
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Great Ajax Account Relationship Matchups

Great Ajax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B1.5B1.3B1.4B
Short Long Term Debt Total771.5M695.5M678.4M677.5M621.6M760.0M
Other Current Liab7.1M22.6M34.7M469.5M2.0M1.9M
Total Current Liabilities421.2M443.8M580.8M106.0M2.0M1.9M
Total Stockholder Equity359.9M485.4M497.3M335.3M308.9M356.4M
Net Tangible Assets359.9M370.2M382.2M300.8M345.9M325.9M
Property Plant And Equipment Net1.3M17.6M1.5M719K826.9K785.5K
Net Debt707.2M588.3M594.0M629.7M568.7M570.0M
Retained Earnings49.4M53.3M66.4M13.3M(54.4M)(51.7M)
Accounts Payable7.1M22.6M11.1M11.4M13.2M8.9M
Cash64.3M107.1M84.4M47.8M52.8M64.4M
Non Current Assets Total319.3M393.9M521.8M421.8M323.4M545.9M
Non Currrent Assets Other(1.5M)(719K)(1.8B)(1.5B)(323.4M)(307.2M)
Other Assets1.2B1.1B1.1B25.7M952.7M481.1M
Long Term Debt118.8M110.1M102.8M210.3M621.6M383.4M
Cash And Short Term Investments64.3M107.1M84.4M1.0B52.8M50.2M
Net Receivables17.0M15.8M20.9M991.0M7.3M6.9M
Common Stock Total Equity222K231K233K241K277.2K213.5K
Common Stock Shares Outstanding28.2M22.6M30.3M23.0M24.3M24.9M
Liabilities And Stockholders Equity1.6B1.7B1.8B1.5B1.3B1.4B
Non Current Liabilities Total771.5M695.5M678.4M1.0B103.5M98.3M
Other Current Assets(81.4M)8.9M16.5M35.7M(60.1M)(57.1M)
Other Stockholder Equity259.5M316.3M314.5M312.9M342.5M294.4M
Total Liab771.5M695.5M678.4M1.1B1.0B860.0M
Long Term Investments1.5B1.5B1.5B1.2B323.4M307.2M
Total Current Assets81.4M122.9M105.3M1.0B60.1M57.1M
Accumulated Other Comprehensive Income1.3M375K1.0M(25.6M)(14.0M)(13.3M)
Short Term Debt414.1M421.1M546.1M106.0M375.7M332.3M
Common Stock222K231K233K241K285K223.5K
Property Plant Equipment1.5M719K6.1M6.3M7.3M4.3M
Noncontrolling Interest In Consolidated Entity24.2M29.1M3.2M2.1M1.9M1.8M
Retained Earnings Total Equity49.4M53.3M66.4M13.3M15.3M14.5M
Long Term Debt Total118.8M110.1M102.8M210.3M189.3M278.0M
Capital Surpluse309.4M317.4M316.2M322.4M370.8M307.6M

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