Great Capital Surpluse vs Common Stock Analysis

AJX Stock  USD 3.67  0.01  0.27%   
Great Ajax financial indicator trend analysis is much more than just examining Great Ajax Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Great Ajax Corp is a good investment. Please check the relationship between Great Ajax Capital Surpluse and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. 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.

Capital Surpluse vs Common Stock

Capital Surpluse vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Great Ajax Corp Capital Surpluse account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Great Ajax's Capital Surpluse and Common Stock is 0.97. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Common Stock in the same time period over historical financial statements of Great Ajax Corp, assuming nothing else is changed. The correlation between historical values of Great Ajax's Capital Surpluse and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Great Ajax Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Surpluse i.e., Great Ajax's Capital Surpluse and Common Stock go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Surpluse

Common Stock

Most indicators from Great Ajax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Great Ajax Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Great Ajax Corp. 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, Great Ajax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 25 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit15.2M19.3M47.6M30.9M
Total Revenue31.9M35.6M62.7M39.7M

Great Ajax fundamental ratios Correlations

0.930.90.920.950.970.920.350.780.50.44-0.140.650.450.250.910.910.930.71-0.740.940.890.880.030.370.85
0.930.830.780.970.931.00.10.730.340.44-0.110.580.620.190.790.940.870.6-0.630.950.920.730.10.340.78
0.90.830.860.840.90.810.380.680.560.47-0.040.710.43-0.130.90.770.90.57-0.660.810.720.78-0.03-0.010.99
0.920.780.860.810.940.750.410.870.710.18-0.350.810.140.180.870.840.850.52-0.90.890.650.8-0.120.30.81
0.950.970.840.810.930.970.270.750.340.47-0.060.570.570.260.830.940.850.71-0.630.940.920.830.150.380.77
0.970.930.90.940.930.910.280.820.530.29-0.270.780.360.150.890.940.910.56-0.820.970.80.8-0.040.30.85
0.921.00.810.750.970.910.080.70.290.45-0.090.550.640.20.780.940.860.6-0.60.940.930.720.130.350.76
0.350.10.380.410.270.280.080.180.370.30.280.27-0.130.030.540.060.30.67-0.230.110.120.720.23-0.080.36
0.780.730.680.870.750.820.70.180.730.03-0.40.720.130.270.60.830.630.37-0.870.840.590.62-0.240.40.63
0.50.340.560.710.340.530.290.370.73-0.17-0.40.76-0.25-0.080.50.380.520.13-0.790.430.130.42-0.38-0.010.6
0.440.440.470.180.470.290.450.30.03-0.170.77-0.250.85-0.110.520.20.320.720.250.220.640.530.68-0.130.44
-0.14-0.11-0.04-0.35-0.06-0.27-0.090.28-0.4-0.40.77-0.570.57-0.340.05-0.37-0.260.40.67-0.360.10.130.75-0.47-0.04
0.650.580.710.810.570.780.550.270.720.76-0.25-0.57-0.17-0.110.630.670.720.11-0.920.710.280.5-0.40.030.71
0.450.620.430.140.570.360.64-0.130.13-0.250.850.57-0.17-0.090.410.40.340.490.180.380.740.340.61-0.030.4
0.250.19-0.130.180.260.150.20.030.27-0.08-0.11-0.34-0.11-0.09-0.030.330.150.38-0.210.30.360.27-0.180.97-0.21
0.910.790.90.870.830.890.780.540.60.50.520.050.630.41-0.030.720.860.7-0.630.770.720.880.240.050.86
0.910.940.770.840.940.940.940.060.830.380.2-0.370.670.40.330.720.830.48-0.770.990.830.68-0.10.490.71
0.930.870.90.850.850.910.860.30.630.520.32-0.260.720.340.150.860.830.58-0.730.860.770.76-0.120.280.88
0.710.60.570.520.710.560.60.670.370.130.720.40.110.490.380.70.480.58-0.210.510.760.910.40.340.51
-0.74-0.63-0.66-0.9-0.63-0.82-0.6-0.23-0.87-0.790.250.67-0.920.18-0.21-0.63-0.77-0.73-0.21-0.8-0.4-0.560.42-0.35-0.64
0.940.950.810.890.940.970.940.110.840.430.22-0.360.710.380.30.770.990.860.51-0.80.840.72-0.090.460.74
0.890.920.720.650.920.80.930.120.590.130.640.10.280.740.360.720.830.770.76-0.40.840.750.220.460.66
0.880.730.780.80.830.80.720.720.620.420.530.130.50.340.270.880.680.760.91-0.560.720.750.210.290.72
0.030.1-0.03-0.120.15-0.040.130.23-0.24-0.380.680.75-0.40.61-0.180.24-0.1-0.120.40.42-0.090.220.21-0.25-0.08
0.370.34-0.010.30.380.30.35-0.080.4-0.01-0.13-0.470.03-0.030.970.050.490.280.34-0.350.460.460.29-0.25-0.09
0.850.780.990.810.770.850.760.360.630.60.44-0.040.710.4-0.210.860.710.880.51-0.640.740.660.72-0.08-0.09
Click cells to compare fundamentals

Great Ajax Account Relationship Matchups

Great Ajax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.7B1.8B1.5B1.3B1.4B
Short Long Term Debt Total771.5M695.5M678.4M677.5M997.3M675.7M
Total Current Liabilities421.2M443.8M580.8M106.0M375.7M341.7M
Total Stockholder Equity359.9M485.4M497.3M335.3M308.9M356.4M
Net Tangible Assets359.9M370.2M382.2M300.8M345.9M325.9M
Net Debt707.2M588.3M594.0M629.7M944.5M611.3M
Retained Earnings49.4M53.3M66.4M13.3M(54.4M)(51.7M)
Accounts Payable7.1M22.6M11.1M11.4M13.2M8.9M
Cash64.3M107.1M84.4M47.8M52.8M64.4M
Non Current Assets Total319.3M393.9M521.8M421.8M407.8M552.7M
Non Currrent Assets Other(1.5M)(719K)(521.8M)(421.8M)(323.4M)(307.2M)
Other Assets1.2B1.1B1.1B25.7M744.1M458.1M
Long Term Debt118.8M110.1M102.8M210.3M621.6M383.4M
Cash And Short Term Investments64.3M107.1M84.4M1.0B52.8M50.2M
Net Receivables17.0M15.8M20.9M7.5M7.3M13.1M
Common Stock Total Equity222K231K233K241K277.2K213.5K
Common Stock Shares Outstanding28.2M22.6M30.3M23.0M24.3M24.9M
Liabilities And Stockholders Equity1.6B1.7B1.8B1.5B1.3B1.4B
Non Current Liabilities Total771.5M695.5M678.4M1.0B103.5M98.3M
Other Current Assets(81.4M)(124.0M)(109.6M)(57.2M)(60.1M)(63.1M)
Other Stockholder Equity308.9M316.3M314.5M312.9M342.5M299.8M
Total Liab771.5M695.5M678.4M1.1B1.0B860.0M
Long Term Investments1.5B1.5B1.5B1.2B323.4M307.2M
Total Current Assets81.4M122.9M105.3M1.0B184.4M174.0M
Short Term Debt414.1M421.1M546.1M106.0M375.7M341.6M
Common Stock222K231K233K241K285K223.5K
Property Plant Equipment1.5M719K6.1M6.3M7.3M4.3M
Other Current Liab7.1M22.6M34.7M(375.7M)(338.2M)(321.3M)
Noncontrolling Interest In Consolidated Entity24.2M29.1M3.2M2.1M1.9M1.8M
Retained Earnings Total Equity49.4M53.3M66.4M13.3M15.3M14.5M
Long Term Debt Total118.8M110.1M102.8M210.3M189.3M278.0M
Capital Surpluse309.4M317.4M316.2M322.4M370.8M307.6M
Accumulated Other Comprehensive Income1.3M375K1.0M(25.6M)(14.0M)(13.3M)
Treasury Stock(458K)(1.2M)(1.7M)(9.5M)(8.6M)(8.1M)

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Is Great Ajax'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 Great Ajax. If investors know Great 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 Great Ajax 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
(0.50)
Dividend Share
0.51
Earnings Share
(4.08)
Revenue Per Share
(2.62)
Quarterly Revenue Growth
(0.82)
The market value of Great Ajax Corp is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Ajax's value that differs from its market value or its book value, called intrinsic value, which is Great Ajax'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 Great Ajax's market value can be influenced by many factors that don't directly affect Great Ajax'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 Great Ajax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Ajax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Ajax'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.