SOJE Property Plant And Equipment Net vs Cash And Short Term Investments Analysis

SOJE Stock  USD 19.98  0.22  1.09%   
SOJE financial indicator trend analysis is much more than just breaking down SOJE prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOJE is a good investment. Please check the relationship between SOJE Property Plant And Equipment Net and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOJE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For information on how to trade SOJE Stock refer to our How to Trade SOJE Stock guide.

Property Plant And Equipment Net vs Cash And Short Term Investments

Property Plant And Equipment Net 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 SOJE Property Plant And Equipment Net account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between SOJE's Property Plant And Equipment Net and Cash And Short Term Investments is 0.64. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of SOJE, assuming nothing else is changed. The correlation between historical values of SOJE's Property Plant And Equipment Net 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 Property Plant And Equipment Net of SOJE 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 Property Plant And Equipment Net i.e., SOJE's Property Plant And Equipment Net and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of SOJE balance sheet. This account contains SOJE investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SOJE 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 SOJE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOJE 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 SOJE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For information on how to trade SOJE Stock refer to our How to Trade SOJE Stock guide.The current year's Tax Provision is expected to grow to about 885.9 M, whereas Selling General Administrative is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.1B10.8B11.7B8.3B
Total Revenue23.1B29.3B25.3B15.6B

SOJE fundamental ratios Correlations

0.910.730.870.860.970.920.720.920.80.640.90.450.640.80.760.810.530.380.890.910.770.80.930.66-0.46
0.910.830.970.940.971.00.820.780.90.661.00.570.660.920.840.720.650.721.00.960.830.780.890.86-0.15
0.730.830.810.780.770.811.00.60.750.530.830.750.530.811.00.550.90.610.830.790.70.950.710.88-0.02
0.870.970.810.930.940.970.810.760.890.640.970.560.640.920.830.70.640.710.980.940.810.760.890.87-0.07
0.860.940.780.930.890.920.770.680.980.730.930.590.730.950.790.670.550.650.940.970.960.750.910.84-0.06
0.970.970.770.940.890.980.760.910.830.620.970.50.620.840.790.80.620.560.960.940.790.780.90.73-0.36
0.921.00.810.970.920.980.80.820.880.641.00.550.640.90.830.730.640.690.990.950.810.770.890.83-0.21
0.720.821.00.810.770.760.80.590.740.50.820.760.50.81.00.540.90.60.820.780.690.950.690.87-0.02
0.920.780.60.760.680.910.820.590.590.470.780.340.470.580.630.830.520.220.750.770.580.690.790.44-0.64
0.80.90.750.890.980.830.880.740.590.70.90.60.70.960.760.640.50.670.910.930.930.70.870.840.03
0.640.660.530.640.730.620.640.50.470.70.650.121.00.690.530.410.280.350.670.760.730.520.760.630.07
0.91.00.830.970.930.971.00.820.780.90.650.570.650.910.840.710.650.731.00.950.820.780.880.85-0.16
0.450.570.750.560.590.50.550.760.340.60.120.570.120.580.750.360.650.470.580.490.550.690.440.58-0.02
0.640.660.530.640.730.620.640.50.470.71.00.650.120.690.530.410.280.350.670.760.730.520.760.630.07
0.80.920.810.920.950.840.90.80.580.960.690.910.580.690.810.670.550.70.930.950.880.740.90.930.11
0.760.841.00.830.790.790.831.00.630.760.530.840.750.530.810.550.880.590.850.80.70.960.730.87-0.06
0.810.720.550.70.670.80.730.540.830.640.410.710.360.410.670.550.380.230.710.790.590.580.790.52-0.39
0.530.650.90.640.550.620.640.90.520.50.280.650.650.280.550.880.380.560.640.570.470.850.410.67-0.12
0.380.720.610.710.650.560.690.60.220.670.350.730.470.350.70.590.230.560.740.590.540.390.410.780.35
0.891.00.830.980.940.960.990.820.750.910.671.00.580.670.930.850.710.640.740.960.830.770.890.88-0.11
0.910.960.790.940.970.940.950.780.770.930.760.950.490.760.950.80.790.570.590.960.90.770.960.85-0.13
0.770.830.70.810.960.790.810.690.580.930.730.820.550.730.880.70.590.470.540.830.90.690.850.73-0.06
0.80.780.950.760.750.780.770.950.690.70.520.780.690.520.740.960.580.850.390.770.770.690.740.76-0.24
0.930.890.710.890.910.90.890.690.790.870.760.880.440.760.90.730.790.410.410.890.960.850.740.76-0.18
0.660.860.880.870.840.730.830.870.440.840.630.850.580.630.930.870.520.670.780.880.850.730.760.760.31
-0.46-0.15-0.02-0.07-0.06-0.36-0.21-0.02-0.640.030.07-0.16-0.020.070.11-0.06-0.39-0.120.35-0.11-0.13-0.06-0.24-0.180.31
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SOJE Account Relationship Matchups

SOJE fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.1B847.2M
Total Assets118.7B122.9B127.5B134.9B139.3B72.0B
Short Long Term Debt Total48.7B51.0B55.5B59.1B63.5B66.7B
Other Current Liab4.2B4.4B4.4B4.6B5.1B2.6B
Total Current Liabilities12.5B12.1B10.9B15.7B13.5B8.3B
Total Stockholder Equity27.8B28.3B28.2B30.4B31.4B18.7B
Property Plant And Equipment Net86.1B90.4B93.5B96.7B101.9B53.2B
Net Debt46.7B50.0B53.7B57.2B62.7B65.9B
Retained Earnings10.9B11.3B10.9B11.5B12.5B8.3B
Accounts Payable2.6B2.8B2.2B3.5B2.9B1.8B
Non Current Assets Total108.9B114.3B118.6B124.5B128.9B65.6B
Non Currrent Assets Other601M11.2B12.0B17.8B16.8B17.6B
Net Receivables3.4B3.3B3.0B3.7B4.0B2.4B
Liabilities And Stockholders Equity118.7B122.9B127.5B134.9B139.3B72.0B
Non Current Liabilities Total74.1B78.3B84.0B84.6B90.6B95.2B
Inventory2.4B2.5B2.4B2.7B3.4B1.9B
Other Current Assets1.4B1.2B1.4B1.6B1.9B2.0B
Other Stockholder Equity11.7B11.8B11.9B13.6B13.7B6.9B
Total Liab86.7B90.4B95.0B100.4B104.1B52.1B
Total Current Assets9.8B8.6B9.0B10.4B10.4B6.4B
Accumulated Other Comprehensive Income(321M)(395M)(238M)(167M)(177M)(185.9M)
Short Term Debt5.3B4.4B3.8B7.1B5.0B3.6B
Common Stock5.3B5.3B5.3B5.4B5.4B5.9B
Current Deferred Revenue496M487M479M502M503M356.0M
Good Will6.3B5.3B5.3B5.2B5.9B4.3B
Intangible Assets536M487M445M406M368M643.7M
Other Assets12.4B19.0B16.9B17.8B20.4B17.3B
Long Term Debt44.5B40.7B41.6B44.9B51.6B47.1B
Capital Surpluse11.7B11.8B12.0B13.7B15.7B12.6B
Treasury Stock(42M)(46M)(47M)(53M)(47.7M)(50.1M)
Property Plant Equipment9.7B10.5B91.1B94.6B108.8B114.2B

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Additional Information and Resources on Investing in SOJE Stock

When determining whether SOJE is a strong investment it is important to analyze SOJE'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 SOJE's future performance. For an informed investment choice regarding SOJE 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 SOJE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
For information on how to trade SOJE Stock refer to our How to Trade SOJE Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Utilities space 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 SOJE. If investors know SOJE 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 SOJE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity
0.1204
The market value of SOJE is measured differently than its book value, which is the value of SOJE that is recorded on the company's balance sheet. Investors also form their own opinion of SOJE's value that differs from its market value or its book value, called intrinsic value, which is SOJE'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 SOJE's market value can be influenced by many factors that don't directly affect SOJE'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 SOJE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SOJE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SOJE'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.