Jervois Cash And Short Term Investments vs Retained Earnings Analysis

JRV Stock  CAD 0.01  0.00  0.00%   
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 Cash And Short Term Investments and its Retained Earnings 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.

Cash And Short Term Investments vs Retained Earnings

Cash And Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jervois Mining Cash And Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Jervois Mining's Cash And Short Term Investments and Retained Earnings is -0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings 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 Cash And Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Jervois Mining are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Jervois Mining's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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