Just Energy Group Financials

Based on the key measurements obtained from Just Energy's financial statements, Just Energy Group is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Just financials for your investing period. You should be able to track the changes in Just Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Just Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Just Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Just Energy's assets may result in an increase in income on the income statement.
Evaluating Just Energy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Just Energy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Just Energy's relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Just Energy Group has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Just Energy stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Just Energy's odds of distress score SHOULD NOT be confused with the real chance of Just Energy Group filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Just is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Just Energy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Just Energy's official financial statements usually reflect Just Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Just Energy Group. For example, before you start analyzing numbers published by Just accountants, it's critical to develop an understanding of what Just Energy's liquidity, profitability, and earnings quality are in the context of the Utilities space in which it operates.
Please note, the presentation of Just Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Just Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Just Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Just Energy Group. Please utilize our Beneish M Score to check the likelihood of Just Energy's management manipulating its earnings.

Just Energy Company Summary

Just Energy competes with Acme United, 51Talk Online, CarsalesCom, ZhongAn Online, and Procter Gamble. Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, and internationally. Just Energy Group Inc. was founded in 1997 and is based in Toronto, Canada. Just Energy operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 880 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA48213W4083
Business AddressFirst Canadian Place
SectorUtilities
IndustryUtilities—Diversified
BenchmarkNYSE Composite
Websiteinvestors.justenergy.com
Phone905 670 4440
CurrencyUSD - US Dollar
You should never invest in Just Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Just Stock, because this is throwing your money away. Analyzing the key information contained in Just Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Just Energy Key Financial Ratios

Generally speaking, Just Energy's financial ratios allow both analysts and investors to convert raw data from Just Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Just Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Just Energy Group reports annually and quarterly.

Just Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Just Energy's current stock value. Our valuation model uses many indicators to compare Just Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Just Energy competition to find correlations between indicators driving Just Energy's intrinsic value. More Info.
Just Energy Group is currently regarded as number one stock in current asset category among related companies. It is currently regarded as number one stock in book value per share category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Just Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Just Energy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Just Energy's earnings, one of the primary drivers of an investment's value.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Just Energy Group information on this page should be used as a complementary analysis to other Just Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Just Stock

If you are still planning to invest in Just Energy Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Just Energy's history and understand the potential risks before investing.
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