Jupiter Energy financial indicator trend analysis is infinitely more than just investigating Jupiter Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Energy is a good investment. Please check the relationship between Jupiter Energy Long Term Debt and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Energy. 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.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jupiter Energy Long Term Debt account and
Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jupiter Energy's Long Term Debt and Cash is -0.24. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Jupiter Energy, assuming nothing else is changed. The correlation between historical values of Jupiter Energy's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Jupiter Energy are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Jupiter Energy's Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Jupiter Energy has held for over one year. Long-term debt appears on Jupiter Energy 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 Jupiter Energy 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.
Cash
Cash refers to the most liquid asset of Jupiter Energy, which is listed under current asset account on Jupiter Energy balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jupiter Energy customers. The amounts must be unrestricted with restricted cash listed in a different Jupiter Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Jupiter Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Energy 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 Energy. 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 drop to about 89
K in 2024
Jupiter Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jupiter Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jupiter Energy fundamental ratios Accounts
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Additional Tools for Jupiter Stock Analysis
When running Jupiter Energy's price analysis, check to
measure Jupiter Energy'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 Energy is operating at the current time. Most of Jupiter Energy's value examination focuses on studying past and present price action to
predict the probability of Jupiter Energy'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 Energy's price. Additionally, you may evaluate how the addition of Jupiter Energy to your portfolios can decrease your overall portfolio volatility.