Stella Total Revenue vs Total Assets Analysis

SJ Stock  CAD 70.80  0.13  0.18%   
Stella Jones financial indicator trend analysis is much more than just breaking down Stella Jones prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stella Jones is a good investment. Please check the relationship between Stella Jones Total Revenue and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Revenue vs Total Assets

Total Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stella Jones Total Revenue account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Stella Jones' Total Revenue and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Stella Jones, assuming nothing else is changed. The correlation between historical values of Stella Jones' Total Revenue and Total Assets 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 Revenue of Stella Jones are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Stella Jones' Total Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Stella Jones generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Assets

Total assets refers to the total amount of Stella Jones assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Stella Jones books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Stella Jones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stella Jones 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Stella Jones' Selling General Administrative is very stable compared to the past year. As of the 19th of January 2025, Issuance Of Capital Stock is likely to grow to about 991.2 K, while Tax Provision is likely to drop about 75.8 M.
 2022 2023 2024 2025 (projected)
Interest Expense33M68M78.2M82.1M
Depreciation And Amortization89M109M125.4M131.6M

Stella Jones fundamental ratios Correlations

0.970.630.980.980.990.980.980.891.00.31.00.150.981.00.940.870.980.981.00.87-0.83-0.830.950.820.78
0.970.50.990.90.980.990.910.920.970.320.970.031.00.980.870.911.00.980.980.94-0.8-0.80.870.720.71
0.630.50.560.740.590.530.720.240.63-0.070.620.460.520.630.640.310.530.550.630.4-0.52-0.520.770.730.68
0.980.990.560.920.990.990.940.910.980.310.980.010.980.980.880.920.990.990.980.95-0.83-0.830.90.730.69
0.980.90.740.920.960.920.990.820.980.260.970.260.920.970.950.780.920.930.970.76-0.82-0.820.970.880.81
0.990.980.590.990.960.990.970.910.990.320.990.060.980.990.920.90.990.990.990.89-0.86-0.860.920.780.72
0.980.990.530.990.920.990.940.920.980.380.980.041.00.980.910.921.00.990.980.92-0.85-0.850.90.750.72
0.980.910.720.940.990.970.940.830.980.290.970.180.930.970.940.820.930.950.970.79-0.86-0.860.970.850.77
0.890.920.240.910.820.910.920.830.890.460.9-0.090.920.880.820.920.920.920.890.83-0.76-0.760.760.630.59
1.00.970.630.980.980.990.980.980.890.311.00.140.981.00.940.870.980.991.00.86-0.83-0.830.950.820.78
0.30.32-0.070.310.260.320.380.290.460.310.34-0.190.330.280.420.580.330.380.290.24-0.59-0.590.290.230.25
1.00.970.620.980.970.990.980.970.91.00.340.160.980.990.940.880.980.980.990.87-0.82-0.820.950.820.8
0.150.030.460.010.260.060.040.18-0.090.14-0.190.160.070.150.19-0.230.060.00.16-0.150.090.090.290.450.53
0.981.00.520.980.920.981.00.930.920.980.330.980.070.980.890.911.00.980.980.92-0.8-0.80.890.750.73
1.00.980.630.980.970.990.980.970.881.00.280.990.150.980.930.860.990.981.00.88-0.83-0.830.940.810.77
0.940.870.640.880.950.920.910.940.820.940.420.940.190.890.930.780.890.90.930.73-0.86-0.860.920.850.79
0.870.910.310.920.780.90.920.820.920.870.580.88-0.230.910.860.780.910.930.870.88-0.85-0.850.780.580.55
0.981.00.530.990.920.991.00.930.920.980.330.980.061.00.990.890.910.990.990.93-0.81-0.810.890.750.73
0.980.980.550.990.930.990.990.950.920.990.380.980.00.980.980.90.930.990.980.91-0.86-0.860.90.750.71
1.00.980.630.980.970.990.980.970.891.00.290.990.160.981.00.930.870.990.980.88-0.83-0.830.950.820.78
0.870.940.40.950.760.890.920.790.830.860.240.87-0.150.920.880.730.880.930.910.88-0.73-0.730.740.530.52
-0.83-0.8-0.52-0.83-0.82-0.86-0.85-0.86-0.76-0.83-0.59-0.820.09-0.8-0.83-0.86-0.85-0.81-0.86-0.83-0.731.0-0.81-0.69-0.58
-0.83-0.8-0.52-0.83-0.82-0.86-0.85-0.86-0.76-0.83-0.59-0.820.09-0.8-0.83-0.86-0.85-0.81-0.86-0.83-0.731.0-0.81-0.69-0.58
0.950.870.770.90.970.920.90.970.760.950.290.950.290.890.940.920.780.890.90.950.74-0.81-0.810.860.82
0.820.720.730.730.880.780.750.850.630.820.230.820.450.750.810.850.580.750.750.820.53-0.69-0.690.860.96
0.780.710.680.690.810.720.720.770.590.780.250.80.530.730.770.790.550.730.710.780.52-0.58-0.580.820.96
Click cells to compare fundamentals

Stella Jones Account Relationship Matchups

Stella Jones fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.7B3.1B3.7B4.3B4.5B
Short Long Term Debt Total745M878M1.1B1.6B1.9B1.9B
Other Current Liab98M154M53M78M89.7M94.2M
Total Current Liabilities218M242M259M384M441.6M463.7M
Total Stockholder Equity1.4B1.4B1.6B1.7B1.9B2.0B
Property Plant And Equipment Net709M767M915M1.2B1.4B1.4B
Net Debt884M1.0B1.3B1.6B1.9B1.9B
Retained Earnings1.1B1.2B1.2B1.3B1.5B1.6B
Accounts Payable55M19M157M152M174.8M183.5M
Non Current Assets Total1.1B1.3B1.5B1.8B2.0B2.1B
Non Currrent Assets Other3M11M35M5M5.8M6.0M
Net Receivables208M239M287M319M366.9M385.2M
Common Stock Shares Outstanding67.3M65M61.4M58.0M66.7M57.8M
Liabilities And Stockholders Equity2.4B2.7B3.1B3.7B4.3B4.5B
Non Current Liabilities Total835M975M1.3B1.7B1.9B2.0B
Inventory1.1B1.1B1.2B1.6B1.8B1.9B
Other Current Assets36M43M58M48M55.2M58.0M
Other Stockholder Equity386K80M79M171M196.7M206.5M
Total Liab1.1B1.2B1.5B2.1B2.4B2.5B
Property Plant And Equipment Gross709M965M1.1B1.4B1.7B1.7B
Total Current Assets1.3B1.4B1.6B1.9B2.2B2.4B
Accumulated Other Comprehensive Income80M79M171M134M154.1M161.8M
Short Term Debt46M68M42M154M177.1M186.0M
Cash(118.1M)(139M)(144M)(167M)(150.3M)(142.8M)
Cash And Short Term Investments(118.1M)(139M)(144M)(167M)(150.3M)(142.8M)
Good Will280M341M369M375M431.3M234.7M
Intangible Assets115M158M171M169M194.4M117.8M
Common Stock214M208M194M189M217.4M208.9M
Other Liab124M134M165M191M219.7M129.9M
Net Tangible Assets888M978M949M1.0B1.2B794.9M
Other Assets4M3M8M35M40.3M42.3M
Long Term Debt595M701M940M1.2B1.4B711.1M
Short Long Term Debt11M33M1M100M90M94.5M
Property Plant Equipment684M709M767M915M1.1B599.3M
Long Term Debt Total687.3M701M810M1.1B1.2B758.2M

Pair Trading with Stella Jones

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stella Jones position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stella Jones will appreciate offsetting losses from the drop in the long position's value.

Moving together with Stella Stock

  0.74AG First Majestic SilverPairCorr
  0.78ORE Orezone Gold CorpPairCorr

Moving against Stella Stock

  0.85FFH-PM Fairfax FinancialPairCorr
  0.81FFH Fairfax FinancialPairCorr
  0.67FDR Flinders ResourcesPairCorr
  0.67FFH-PD Fairfax FinancialPairCorr
  0.66FFH-PH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Stella Jones could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stella Jones when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stella Jones - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stella Jones to buy it.
The correlation of Stella Jones is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stella Jones moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stella Jones moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stella Jones can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Stella Stock

Balance Sheet is a snapshot of the financial position of Stella Jones at a specified time, usually calculated after every quarter, six months, or one year. Stella Jones Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stella Jones and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Stella currently owns. An asset can also be divided into two categories, current and non-current.