SJW Interest Expense vs Income Tax Expense Analysis

SJW Stock  USD 60.05  0.16  0.27%   
SJW financial indicator trend analysis is much more than just breaking down SJW Corporation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SJW Corporation is a good investment. Please check the relationship between SJW Interest Expense and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Interest Expense vs Income Tax Expense

Interest Expense vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SJW Corporation Interest Expense account and Income Tax Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SJW's Interest Expense and Income Tax Expense is -0.23. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of SJW Corporation, assuming nothing else is changed. The correlation between historical values of SJW's Interest Expense and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of SJW Corporation are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Expense i.e., SJW's Interest Expense and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Income Tax Expense

Most indicators from SJW's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SJW Corporation 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 SJW Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, SJW's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 52.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit318.6M357.2M306.0M321.3M
Total Revenue573.7M620.7M670.4M703.9M

SJW fundamental ratios Correlations

0.970.990.750.930.940.970.920.980.740.91-0.110.980.58-0.110.97-0.730.970.090.550.720.970.950.320.89-0.73
0.970.980.820.960.971.00.930.960.680.95-0.041.00.68-0.040.99-0.740.990.110.690.771.00.970.410.92-0.74
0.990.980.770.950.940.980.920.990.670.91-0.130.990.61-0.130.98-0.720.980.080.570.720.990.960.310.91-0.72
0.750.820.770.720.760.830.620.770.420.71-0.170.820.93-0.170.8-0.410.83-0.010.770.540.820.880.240.7-0.41
0.930.960.950.720.940.950.940.910.640.940.030.950.620.030.94-0.730.940.090.650.790.950.890.450.99-0.73
0.940.970.940.760.940.970.940.880.730.950.170.950.630.170.95-0.80.940.120.70.890.950.940.590.9-0.8
0.971.00.980.830.950.970.920.960.680.96-0.071.00.7-0.070.99-0.741.00.150.690.751.00.980.390.91-0.74
0.920.930.920.620.940.940.920.880.70.950.050.920.540.050.93-0.880.90.30.580.790.910.880.460.9-0.88
0.980.960.990.770.910.880.960.880.620.87-0.290.970.61-0.290.96-0.660.970.090.520.60.970.940.160.88-0.66
0.740.680.670.420.640.730.680.70.620.70.180.660.260.180.72-0.750.650.340.330.620.650.640.470.59-0.75
0.910.950.910.710.940.950.960.950.870.70.050.940.630.050.95-0.820.940.260.720.780.940.890.490.9-0.82
-0.11-0.04-0.13-0.170.030.17-0.070.05-0.290.180.05-0.12-0.171.0-0.11-0.23-0.15-0.090.180.59-0.13-0.10.880.04-0.23
0.981.00.990.820.950.951.00.920.970.660.94-0.120.69-0.120.99-0.721.00.110.670.721.00.970.340.91-0.72
0.580.680.610.930.620.630.70.540.610.260.63-0.170.69-0.170.66-0.310.690.110.80.440.690.740.190.6-0.31
-0.11-0.04-0.13-0.170.030.17-0.070.05-0.290.180.051.0-0.12-0.17-0.11-0.23-0.15-0.090.180.59-0.13-0.10.880.04-0.23
0.970.990.980.80.940.950.990.930.960.720.95-0.110.990.66-0.11-0.750.990.180.660.710.990.970.350.9-0.75
-0.73-0.74-0.72-0.41-0.73-0.8-0.74-0.88-0.66-0.75-0.82-0.23-0.72-0.31-0.23-0.75-0.7-0.53-0.44-0.73-0.71-0.69-0.55-0.681.0
0.970.990.980.830.940.941.00.90.970.650.94-0.151.00.69-0.150.99-0.70.10.680.71.00.970.320.9-0.7
0.090.110.08-0.010.090.120.150.30.090.340.26-0.090.110.11-0.090.18-0.530.1-0.01-0.020.10.12-0.030.04-0.53
0.550.690.570.770.650.70.690.580.520.330.720.180.670.80.180.66-0.440.68-0.010.640.680.680.540.63-0.44
0.720.770.720.540.790.890.750.790.60.620.780.590.720.440.590.71-0.730.7-0.020.640.710.720.870.77-0.73
0.971.00.990.820.950.951.00.910.970.650.94-0.131.00.69-0.130.99-0.711.00.10.680.710.970.340.92-0.71
0.950.970.960.880.890.940.980.880.940.640.89-0.10.970.74-0.10.97-0.690.970.120.680.720.970.350.84-0.69
0.320.410.310.240.450.590.390.460.160.470.490.880.340.190.880.35-0.550.32-0.030.540.870.340.350.44-0.55
0.890.920.910.70.990.90.910.90.880.590.90.040.910.60.040.9-0.680.90.040.630.770.920.840.44-0.68
-0.73-0.74-0.72-0.41-0.73-0.8-0.74-0.88-0.66-0.75-0.82-0.23-0.72-0.31-0.23-0.751.0-0.7-0.53-0.44-0.73-0.71-0.69-0.55-0.68
Click cells to compare fundamentals

SJW Account Relationship Matchups

SJW fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding28.6M28.7M29.7M30.4M31.7M29.5M
Total Assets3.1B3.3B3.5B3.6B4.4B4.6B
Short Long Term Debt Total1.4B1.5B1.6B1.7B1.7B1.8B
Other Current Liab18.3M19.2M27.8M71.1M76.4M80.2M
Total Current Liabilities234.6M350.8M203.3M264.7M343.0M360.1M
Total Stockholder Equity890.0M917.2M1.0B1.1B1.2B1.3B
Property Plant And Equipment Net2.2B2.3B2.5B2.6B3.1B3.3B
Current Deferred Revenue28.0M41.9M46.1M43.0M49.4M51.9M
Net Debt1.4B1.5B1.6B1.6B1.7B1.8B
Retained Earnings383.2M408.0M428.3M458.4M495.4M254.9M
Accounts Payable34.9M34.2M30.4M29.6M46.1M48.4M
Cash12.9M5.3M10.9M12.3M9.7M9.2M
Non Current Assets Total3.0B3.2B3.4B3.5B4.2B4.4B
Non Currrent Assets Other4.7M6.9M4.5M190.1M262.7M275.8M
Cash And Short Term Investments12.9M5.3M10.9M12.3M9.7M9.2M
Net Receivables88.1M103.1M104.8M110.5M126.3M132.6M
Liabilities And Stockholders Equity3.1B3.3B3.5B3.6B4.4B4.6B
Non Current Liabilities Total2.0B2.1B2.2B2.3B2.8B3.0B
Other Current Assets16.0M6.9M7.5M22.2M62.4M65.5M
Other Stockholder Equity506.6M510.2M606.4M651.0M736.2M773.0M
Total Liab2.2B2.4B2.5B2.5B3.2B3.4B
Property Plant And Equipment Gross2.2B2.3B3.6B3.8B4.1B4.3B
Total Current Assets122.0M127.3M134.1M154.7M198.4M208.3M
Accumulated Other Comprehensive Income126K(1.1M)(163K)1.5M1.8M1.9M
Short Term Debt139.5M251.3M102.1M163.9M220.5M231.5M
Other Liab724.3M763.6M755.2M765.1M879.9M923.9M
Other Assets118.6M171.0M156.5M39.1M1.00.95
Long Term Debt1.4B1.3B1.5B1.5B1.5B1.6B
Good Will628.3M628.1M640.5M640.3M736.4M773.2M
Intangible Assets33.4M35.2M36.3M24.5M64.3M67.5M
Property Plant Equipment44.1M2.4B2.5B2.6B3.0B3.2B
Net Tangible Assets261.7M1.0B394.0M1.2B1.4B1.5B
Retained Earnings Total Equity383.2M408.0M428.3M458.4M527.1M346.1M
Long Term Debt Total1.4B1.3B1.5B1.5B1.7B1.8B
Capital Surpluse506.6M510.2M606.4M651.0M748.7M786.1M
Deferred Long Term Liab195.6M191.4M152.0M218.2M250.9M178.2M

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When determining whether SJW Corporation is a strong investment it is important to analyze SJW's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SJW's future performance. For an informed investment choice regarding SJW Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is SJW's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SJW. If investors know SJW will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SJW listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1.54
Earnings Share
2.67
Revenue Per Share
21.42
Quarterly Revenue Growth
0.088
The market value of SJW Corporation is measured differently than its book value, which is the value of SJW that is recorded on the company's balance sheet. Investors also form their own opinion of SJW's value that differs from its market value or its book value, called intrinsic value, which is SJW's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SJW's market value can be influenced by many factors that don't directly affect SJW's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SJW's value and its price as these two are different measures arrived at by different means. Investors typically determine if SJW is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SJW'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.