Leveljump Total Stockholder Equity vs Retained Earnings Analysis

JUMP Stock  CAD 0.05  0.00  0.00%   
Leveljump Healthcare financial indicator trend analysis is infinitely more than just investigating Leveljump Healthcare Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leveljump Healthcare Corp is a good investment. Please check the relationship between Leveljump Healthcare Total Stockholder Equity and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Leveljump Healthcare 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 american community survey.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Leveljump Healthcare Corp Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Leveljump Healthcare's Total Stockholder Equity and Retained Earnings is -0.83. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Leveljump Healthcare Corp, assuming nothing else is changed. The correlation between historical values of Leveljump Healthcare's Total Stockholder Equity 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 Total Stockholder Equity of Leveljump Healthcare Corp 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 Total Stockholder Equity i.e., Leveljump Healthcare's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

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 Leveljump Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leveljump Healthcare 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Leveljump Healthcare 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 american community survey.
At this time, Leveljump Healthcare's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6M2.4M2.7M1.7M
Total Revenue9.2M12.6M14.5M9.3M

Leveljump Healthcare fundamental ratios Correlations

0.78-0.730.970.910.540.760.260.950.620.730.820.970.920.74-0.780.750.98-0.860.950.970.980.80.910.920.81
0.78-0.960.760.880.860.970.420.880.90.880.880.840.880.96-0.370.940.77-0.890.920.740.770.960.680.690.59
-0.73-0.96-0.72-0.84-0.9-0.99-0.4-0.8-0.97-0.83-0.83-0.76-0.8-0.980.33-0.88-0.690.82-0.84-0.67-0.7-0.89-0.64-0.64-0.48
0.970.76-0.720.90.620.750.220.890.610.680.780.910.860.72-0.640.760.91-0.790.930.910.910.810.850.850.77
0.910.88-0.840.90.690.860.340.940.750.880.890.910.950.86-0.580.870.86-0.940.930.840.860.90.770.770.69
0.540.86-0.90.620.690.880.350.580.920.70.710.540.570.880.010.860.45-0.60.680.430.450.840.460.460.35
0.760.97-0.990.750.860.880.420.830.950.820.820.80.830.98-0.360.870.73-0.840.870.710.730.90.650.650.57
0.260.42-0.40.220.340.350.420.310.40.290.30.30.310.4-0.150.310.28-0.30.320.280.280.320.260.260.25
0.950.88-0.80.890.940.580.830.310.70.870.910.990.990.83-0.740.840.97-0.970.980.950.970.890.890.890.77
0.620.9-0.970.610.750.920.950.40.70.810.810.660.70.98-0.240.860.59-0.740.740.560.590.850.60.60.45
0.730.88-0.830.680.880.70.820.290.870.810.970.810.90.89-0.480.930.73-0.950.840.70.740.920.720.720.54
0.820.88-0.830.780.890.710.820.30.910.810.970.880.920.9-0.580.950.83-0.940.90.810.830.940.850.850.66
0.970.84-0.760.910.910.540.80.30.990.660.810.880.980.79-0.790.80.99-0.930.980.980.990.850.920.920.8
0.920.88-0.80.860.950.570.830.310.990.70.90.920.980.84-0.730.850.94-0.990.970.930.940.890.850.850.74
0.740.96-0.980.720.860.880.980.40.830.980.890.90.790.84-0.380.920.72-0.860.850.70.720.920.70.70.55
-0.78-0.370.33-0.64-0.580.01-0.36-0.15-0.74-0.24-0.48-0.58-0.79-0.73-0.38-0.34-0.850.66-0.65-0.86-0.85-0.39-0.83-0.83-0.65
0.750.94-0.880.760.870.860.870.310.840.860.930.950.80.850.92-0.340.72-0.870.890.70.730.990.730.730.59
0.980.77-0.690.910.860.450.730.280.970.590.730.830.990.940.72-0.850.72-0.880.951.01.00.780.940.940.82
-0.86-0.890.82-0.79-0.94-0.6-0.84-0.3-0.97-0.74-0.95-0.94-0.93-0.99-0.860.66-0.87-0.88-0.93-0.86-0.88-0.9-0.8-0.8-0.65
0.950.92-0.840.930.930.680.870.320.980.740.840.90.980.970.85-0.650.890.95-0.930.940.950.930.870.870.76
0.970.74-0.670.910.840.430.710.280.950.560.70.810.980.930.7-0.860.71.0-0.860.941.00.760.940.950.82
0.980.77-0.70.910.860.450.730.280.970.590.740.830.990.940.72-0.850.731.0-0.880.951.00.780.940.940.81
0.80.96-0.890.810.90.840.90.320.890.850.920.940.850.890.92-0.390.990.78-0.90.930.760.780.740.740.64
0.910.68-0.640.850.770.460.650.260.890.60.720.850.920.850.7-0.830.730.94-0.80.870.940.940.741.00.8
0.920.69-0.640.850.770.460.650.260.890.60.720.850.920.850.7-0.830.730.94-0.80.870.950.940.741.00.81
0.810.59-0.480.770.690.350.570.250.770.450.540.660.80.740.55-0.650.590.82-0.650.760.820.810.640.80.81
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Leveljump Healthcare Account Relationship Matchups

Leveljump Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Current Liabilities1.4M1.9M1.9M4.3M4.9M5.2M
Retained Earnings(12.4M)(14.6M)(14.5M)(16.7M)(15.0M)(14.3M)
Accounts Payable921.7K1.9M1.2M2.5M2.9M3.1M
Net Receivables562.1K879.5K1.4M1.4M1.6M1.6M
Total Current Assets1.9M4.0M2.3M2.3M2.7M1.6M
Total Assets240.3K4.1M12.3M19.5M22.5M23.6M
Total Stockholder Equity197.3K2.0M6.2M4.9M5.7M3.0M
Non Current Assets Total50.7K147.6K10.0M17.2M19.8M20.8M
Non Current Liabilities Total209.7K222.3K4.2M10.3M11.9M12.5M
Total Liab43.0K2.1M6.1M14.6M16.8M17.6M
Net Invested Capital197.3K2.0M10.2M12.7M14.6M15.3M
Capital Stock11.0M12.9M15.6M16.2M18.7M12.3M
Net Working Capital197.3K2.1M367.1K(1.9M)(1.7M)(1.7M)

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Additional Tools for Leveljump Stock Analysis

When running Leveljump Healthcare's price analysis, check to measure Leveljump Healthcare'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 Leveljump Healthcare is operating at the current time. Most of Leveljump Healthcare's value examination focuses on studying past and present price action to predict the probability of Leveljump Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leveljump Healthcare's price. Additionally, you may evaluate how the addition of Leveljump Healthcare to your portfolios can decrease your overall portfolio volatility.