Jervois Total Stockholder Equity vs Non Currrent Assets Other 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 Total Stockholder Equity and its Non Currrent Assets Other 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 Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jervois Mining Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jervois Mining's Total Stockholder Equity and Non Currrent Assets Other is 0.41. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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 Stockholder Equity and Non Currrent Assets Other 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 Stockholder Equity of Jervois Mining are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Stockholder Equity i.e., Jervois Mining's Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Jervois Stock Analysis

When running Jervois Mining's price analysis, check to 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.