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 Direction | Negative |
Relationship Strength | Insignificant |
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 Profit | 318.6M | 357.2M | 306.0M | 321.3M | Total Revenue | 573.7M | 620.7M | 670.4M | 703.9M |
SJW fundamental ratios Correlations
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SJW Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SJW fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 28.6M | 28.7M | 29.7M | 30.4M | 31.7M | 29.5M | |
Total Assets | 3.1B | 3.3B | 3.5B | 3.6B | 4.4B | 4.6B | |
Short Long Term Debt Total | 1.4B | 1.5B | 1.6B | 1.7B | 1.7B | 1.8B | |
Other Current Liab | 18.3M | 19.2M | 27.8M | 71.1M | 76.4M | 80.2M | |
Total Current Liabilities | 234.6M | 350.8M | 203.3M | 264.7M | 343.0M | 360.1M | |
Total Stockholder Equity | 890.0M | 917.2M | 1.0B | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 2.2B | 2.3B | 2.5B | 2.6B | 3.1B | 3.3B | |
Current Deferred Revenue | 28.0M | 41.9M | 46.1M | 43.0M | 49.4M | 51.9M | |
Net Debt | 1.4B | 1.5B | 1.6B | 1.6B | 1.7B | 1.8B | |
Retained Earnings | 383.2M | 408.0M | 428.3M | 458.4M | 495.4M | 254.9M | |
Accounts Payable | 34.9M | 34.2M | 30.4M | 29.6M | 46.1M | 48.4M | |
Cash | 12.9M | 5.3M | 10.9M | 12.3M | 9.7M | 9.2M | |
Non Current Assets Total | 3.0B | 3.2B | 3.4B | 3.5B | 4.2B | 4.4B | |
Non Currrent Assets Other | 4.7M | 6.9M | 4.5M | 190.1M | 262.7M | 275.8M | |
Cash And Short Term Investments | 12.9M | 5.3M | 10.9M | 12.3M | 9.7M | 9.2M | |
Net Receivables | 88.1M | 103.1M | 104.8M | 110.5M | 126.3M | 132.6M | |
Liabilities And Stockholders Equity | 3.1B | 3.3B | 3.5B | 3.6B | 4.4B | 4.6B | |
Non Current Liabilities Total | 2.0B | 2.1B | 2.2B | 2.3B | 2.8B | 3.0B | |
Other Current Assets | 16.0M | 6.9M | 7.5M | 22.2M | 62.4M | 65.5M | |
Other Stockholder Equity | 506.6M | 510.2M | 606.4M | 651.0M | 736.2M | 773.0M | |
Total Liab | 2.2B | 2.4B | 2.5B | 2.5B | 3.2B | 3.4B | |
Property Plant And Equipment Gross | 2.2B | 2.3B | 3.6B | 3.8B | 4.1B | 4.3B | |
Total Current Assets | 122.0M | 127.3M | 134.1M | 154.7M | 198.4M | 208.3M | |
Accumulated Other Comprehensive Income | 126K | (1.1M) | (163K) | 1.5M | 1.8M | 1.9M | |
Short Term Debt | 139.5M | 251.3M | 102.1M | 163.9M | 220.5M | 231.5M | |
Other Liab | 724.3M | 763.6M | 755.2M | 765.1M | 879.9M | 923.9M | |
Other Assets | 118.6M | 171.0M | 156.5M | 39.1M | 1.0 | 0.95 | |
Long Term Debt | 1.4B | 1.3B | 1.5B | 1.5B | 1.5B | 1.6B | |
Good Will | 628.3M | 628.1M | 640.5M | 640.3M | 736.4M | 773.2M | |
Intangible Assets | 33.4M | 35.2M | 36.3M | 24.5M | 64.3M | 67.5M | |
Property Plant Equipment | 44.1M | 2.4B | 2.5B | 2.6B | 3.0B | 3.2B | |
Net Tangible Assets | 261.7M | 1.0B | 394.0M | 1.2B | 1.4B | 1.5B | |
Retained Earnings Total Equity | 383.2M | 408.0M | 428.3M | 458.4M | 527.1M | 346.1M | |
Long Term Debt Total | 1.4B | 1.3B | 1.5B | 1.5B | 1.7B | 1.8B | |
Capital Surpluse | 506.6M | 510.2M | 606.4M | 651.0M | 748.7M | 786.1M | |
Deferred Long Term Liab | 195.6M | 191.4M | 152.0M | 218.2M | 250.9M | 178.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.