Juggernaut Non Currrent Assets Other vs Cash And Short Term Investments Analysis

JUGR Stock

CAD 0.10 0.01 9.09%

Juggernaut Exploration financial indicator trend analysis is infinitely more than just investigating Juggernaut Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juggernaut Exploration is a good investment. Please check the relationship between Juggernaut Exploration Non Currrent Assets Other and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juggernaut Exploration Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Juggernaut Exploration's Non Currrent Assets Other and Cash And Short Term Investments is -0.04. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Juggernaut Exploration, assuming nothing else is changed. The correlation between historical values of Juggernaut Exploration's Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Juggernaut Exploration are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Juggernaut Exploration's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Juggernaut Exploration balance sheet. This account contains Juggernaut Exploration investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Juggernaut Exploration 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.

Most indicators from Juggernaut Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juggernaut Exploration 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 Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Enterprise Value is likely to climb to about 7.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 582.4 K in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	27.5K	67.3K	77.4K	81.3K
Reconciled Depreciation	14.6K	126.7K	145.7K	153.0K

Interest Income Reconciled Depreciation

Juggernaut Exploration fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Current Assets	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Non Current Assets Total	Other Stockholder Equity	Total Liab	Other Current Liab	Retained Earnings	Short Long Term Debt Total	Short Term Debt	Non Currrent Assets Other	Short Long Term Debt	Common Stock	Net Tangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		1.0	-0.63	0.65	0.65	0.74	0.83	0.82	0.77	-0.2	0.99	0.67	0.99	-0.13	-0.2	-0.52	-0.8	-0.52	-0.18	0.16	-0.43	0.91	0.98	0.96	0.93	0.69
Total Stockholder Equity	1.0		-0.62	0.65	0.65	0.73	0.82	0.81	0.76	-0.24	0.99	0.65	0.99	-0.17	-0.24	-0.56	-0.79	-0.54	-0.2	0.18	-0.43	0.91	0.98	0.96	0.92	0.68
Net Debt	-0.63	-0.62		-1.0	-1.0	-0.06	-0.31	-0.23	-0.97	-0.08	-0.5	-0.17	-0.5	0.08	-0.08	0.02	0.33	0.31	0.16	0.04	0.27	-0.53	-0.5	-0.41	-0.69	-0.96
Cash	0.65	0.65	-1.0		1.0	0.1	0.35	0.26	0.98	0.08	0.53	0.21	0.53	-0.09	0.08	-0.04	-0.35	-0.32	-0.16	-0.04	-0.28	0.54	0.53	0.45	0.71	0.97
Cash And Short Term Investments	0.65	0.65	-1.0	1.0		0.1	0.35	0.26	0.98	0.08	0.53	0.21	0.53	-0.09	0.08	-0.04	-0.35	-0.32	-0.16	-0.04	-0.28	0.54	0.53	0.45	0.71	0.97
Net Receivables	0.74	0.73	-0.06	0.1	0.1		0.92	0.92	0.26	-0.07	0.8	0.87	0.8	0.08	-0.07	-0.42	-0.85	-0.41	-0.11	0.02	-0.32	0.74	0.86	0.89	0.64	0.2
Common Stock Shares Outstanding	0.83	0.82	-0.31	0.35	0.35	0.92		0.99	0.49	-0.02	0.85	0.79	0.85	0.16	-0.02	-0.32	-0.9	-0.44	-0.14	-0.18	-0.35	0.83	0.91	0.92	0.82	0.47
Other Current Assets	0.82	0.81	-0.23	0.26	0.26	0.92	0.99		0.42	-0.09	0.86	0.78	0.86	0.12	-0.09	-0.39	-0.87	-0.47	-0.16	-0.09	-0.34	0.82	0.9	0.92	0.81	0.39
Total Current Assets	0.77	0.76	-0.97	0.98	0.98	0.26	0.49	0.42		0.05	0.66	0.34	0.66	-0.06	0.05	-0.13	-0.5	-0.38	-0.19	-0.02	-0.34	0.7	0.66	0.59	0.82	0.95
Total Current Liabilities	-0.2	-0.24	-0.08	0.08	0.08	-0.07	-0.02	-0.09	0.05		-0.24	0.28	-0.25	0.77	1.0	0.88	-0.01	0.58	0.43	-0.28	0.08	-0.16	-0.17	-0.19	0.0	0.12
Property Plant And Equipment Net	0.99	0.99	-0.5	0.53	0.53	0.8	0.85	0.86	0.66	-0.24		0.71	1.0	-0.14	-0.24	-0.58	-0.81	-0.51	-0.16	0.2	-0.42	0.9	0.99	0.99	0.89	0.57
Accounts Payable	0.67	0.65	-0.17	0.21	0.21	0.87	0.79	0.78	0.34	0.28	0.71		0.7	0.23	0.28	-0.14	-0.71	-0.2	0.19	0.1	-0.13	0.61	0.76	0.78	0.65	0.3
Non Current Assets Total	0.99	0.99	-0.5	0.53	0.53	0.8	0.85	0.86	0.66	-0.25	1.0	0.7		-0.15	-0.25	-0.59	-0.82	-0.52	-0.17	0.2	-0.42	0.9	0.99	0.98	0.89	0.57
Other Stockholder Equity	-0.13	-0.17	0.08	-0.09	-0.09	0.08	0.16	0.12	-0.06	0.77	-0.14	0.23	-0.15		0.77	0.65	-0.22	0.64	0.18	-0.34	-0.31	-0.03	-0.07	-0.07	0.06	-0.01
Total Liab	-0.2	-0.24	-0.08	0.08	0.08	-0.07	-0.02	-0.09	0.05	1.0	-0.24	0.28	-0.25	0.77		0.88	-0.01	0.58	0.43	-0.28	0.08	-0.16	-0.17	-0.19	0.0	0.12
Other Current Liab	-0.52	-0.56	0.02	-0.04	-0.04	-0.42	-0.32	-0.39	-0.13	0.88	-0.58	-0.14	-0.59	0.65	0.88		0.32	0.58	0.31	-0.39	0.19	-0.5	-0.52	-0.54	-0.29	0.01
Retained Earnings	-0.8	-0.79	0.33	-0.35	-0.35	-0.85	-0.9	-0.87	-0.5	-0.01	-0.81	-0.71	-0.82	-0.22	-0.01	0.32		0.29	0.06	0.06	0.47	-0.88	-0.87	-0.86	-0.71	-0.42
Short Long Term Debt Total	-0.52	-0.54	0.31	-0.32	-0.32	-0.41	-0.44	-0.47	-0.38	0.58	-0.51	-0.2	-0.52	0.64	0.58	0.58	0.29		0.52	-0.25	0.06	-0.48	-0.51	-0.5	-0.48	-0.35
Short Term Debt	-0.18	-0.2	0.16	-0.16	-0.16	-0.11	-0.14	-0.16	-0.19	0.43	-0.16	0.19	-0.17	0.18	0.43	0.31	0.06	0.52		-0.14	0.69	-0.23	-0.18	-0.15	-0.2	-0.15
Non Currrent Assets Other	0.16	0.18	0.04	-0.04	-0.04	0.02	-0.18	-0.09	-0.02	-0.28	0.2	0.1	0.2	-0.34	-0.28	-0.39	0.06	-0.25	-0.14		-0.18	0.08	0.11	0.12	0.03	-0.13
Short Long Term Debt	-0.43	-0.43	0.27	-0.28	-0.28	-0.32	-0.35	-0.34	-0.34	0.08	-0.42	-0.13	-0.42	-0.31	0.08	0.19	0.47	0.06	0.69	-0.18		-0.48	-0.44	-0.41	-0.4	-0.26
Common Stock	0.91	0.91	-0.53	0.54	0.54	0.74	0.83	0.82	0.7	-0.16	0.9	0.61	0.9	-0.03	-0.16	-0.5	-0.88	-0.48	-0.23	0.08	-0.48		0.91	0.9	0.85	0.55
Net Tangible Assets	0.98	0.98	-0.5	0.53	0.53	0.86	0.91	0.9	0.66	-0.17	0.99	0.76	0.99	-0.07	-0.17	-0.52	-0.87	-0.51	-0.18	0.11	-0.44	0.91		0.99	0.89	0.59
Property Plant Equipment	0.96	0.96	-0.41	0.45	0.45	0.89	0.92	0.92	0.59	-0.19	0.99	0.78	0.98	-0.07	-0.19	-0.54	-0.86	-0.5	-0.15	0.12	-0.41	0.9	0.99		0.87	0.51
Net Invested Capital	0.93	0.92	-0.69	0.71	0.71	0.64	0.82	0.81	0.82	0.0	0.89	0.65	0.89	0.06	0.0	-0.29	-0.71	-0.48	-0.2	0.03	-0.4	0.85	0.89	0.87		0.77
Net Working Capital	0.69	0.68	-0.96	0.97	0.97	0.2	0.47	0.39	0.95	0.12	0.57	0.3	0.57	-0.01	0.12	0.01	-0.42	-0.35	-0.15	-0.13	-0.26	0.55	0.59	0.51	0.77

Click cells to compare fundamentals

Juggernaut Exploration Account Relationship Matchups

Juggernaut Exploration fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5M	15.5M	15.3M	11.6M	13.3M	14.0M
Total Stockholder Equity	8.4M	14.7M	15.1M	11.1M	12.7M	13.4M
Net Debt	(1.3M)	(4.9M)	(1.9M)	(468.7K)	(421.8K)	(442.9K)
Cash	1.3M	4.9M	1.9M	468.7K	539.0K	691.1K
Cash And Short Term Investments	1.3M	4.9M	1.9M	468.7K	539.0K	691.1K
Net Receivables	104.2K	110.5K	148.6K	417.8K	480.5K	504.5K
Common Stock Shares Outstanding	14.6M	31.7M	42.9M	50.8M	58.5M	61.4M
Liabilities And Stockholders Equity	8.5M	15.5M	15.3M	11.6M	13.3M	14.0M
Other Current Assets	94.9K	163.2K	373.4K	383.5K	441.0K	463.1K
Total Current Assets	1.5M	5.2M	2.5M	1.3M	1.5M	848.5K
Total Current Liabilities	115.9K	812.7K	241.5K	511.0K	587.7K	431.3K
Property Plant And Equipment Net	6.5M	10.2M	12.8M	10.3M	11.8M	12.4M
Accounts Payable	44.4K	264.5K	143.9K	350.3K	402.8K	423.0K
Non Current Assets Total	7.0M	10.3M	12.9M	10.3M	11.9M	12.5M
Other Stockholder Equity	2.1M	3.8M	3.8M	4.2M	4.8M	3.7M
Total Liab	115.9K	812.7K	241.5K	511.0K	587.7K	431.3K
Other Current Liab	71.5K	548.2K	97.6K	160.7K	144.7K	222.6K
Retained Earnings	(12.9M)	(13.7M)	(13.8M)	(20.4M)	(18.4M)	(17.5M)
Common Stock	19.1M	24.6M	25.1M	27.4M	31.5M	16.1M
Net Tangible Assets	7.0M	8.4M	14.7M	15.1M	17.3M	18.2M
Property Plant Equipment	6.0M	6.5M	10.2M	12.8M	14.7M	15.5M
Net Invested Capital	8.4M	14.7M	15.1M	11.1M	12.7M	11.5M
Net Working Capital	1.4M	4.3M	2.2M	759.0K	872.8K	1.6M
Capital Stock	19.1M	24.6M	25.1M	27.4M	31.5M	23.8M

Pair Trading with Juggernaut Exploration

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 Juggernaut Exploration 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 Juggernaut Exploration will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Juggernaut Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Juggernaut Exploration 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 Juggernaut Exploration - 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 Juggernaut Exploration to buy it.

The correlation of Juggernaut Exploration 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 Juggernaut Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Juggernaut Exploration 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 Juggernaut Exploration 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 Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Note that the Juggernaut Exploration information on this page should be used as a complementary analysis to other Juggernaut Exploration'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Juggernaut Stock analysis

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

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Please note, there is a significant difference between Juggernaut Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Juggernaut Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Juggernaut Exploration's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Juggernaut Non Currrent Assets Other vs Cash And Short Term Investments Analysis

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Cash And Short Term Investments

Juggernaut Exploration fundamental ratios Correlations

Juggernaut Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Juggernaut Exploration fundamental ratios Accounts

Pair Trading with Juggernaut Exploration

Complementary Tools for Juggernaut Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.97	Net Debt
Net Working Capital	- 0.96	Net Debt
Retained Earnings	- 0.9	Common Stock Shares Outstanding
Common Stock	- 0.88	Retained Earnings