Johnson Outdoors Stock Current Ratio
JOUT Stock | USD 24.77 0.59 2.33% |
Johnson Outdoors fundamentals help investors to digest information that contributes to Johnson Outdoors' financial success or failures. It also enables traders to predict the movement of Johnson Stock. The fundamental analysis module provides a way to measure Johnson Outdoors' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Johnson Outdoors stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 4.19 | 2.26 |
Johnson | Current Ratio |
Johnson Outdoors Company Current Ratio Analysis
Johnson Outdoors' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Johnson Outdoors Current Ratio | 4.11 X |
Most of Johnson Outdoors' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Johnson Outdoors is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Johnson Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Johnson Outdoors is extremely important. It helps to project a fair market value of Johnson Stock properly, considering its historical fundamentals such as Current Ratio. Since Johnson Outdoors' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Johnson Outdoors' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Johnson Outdoors' interrelated accounts and indicators.
Click cells to compare fundamentals
Johnson Current Ratio Historical Pattern
Today, most investors in Johnson Outdoors Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Johnson Outdoors' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Johnson Outdoors current ratio as a starting point in their analysis.
Johnson Outdoors Current Ratio |
Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
Johnson Price To Sales Ratio
Price To Sales Ratio |
|
In accordance with the recently published financial statements, Johnson Outdoors has a Current Ratio of 4.11 times. This is 81.06% higher than that of the Leisure Products sector and 94.79% higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 90.28% lower than that of the firm.
Johnson Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Johnson Outdoors' direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Johnson Outdoors could also be used in its relative valuation, which is a method of valuing Johnson Outdoors by comparing valuation metrics of similar companies.Johnson Outdoors is currently under evaluation in current ratio category among its peers.
Johnson Outdoors ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Johnson Outdoors' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Johnson Outdoors' managers, analysts, and investors.Environmental | Governance | Social |
Johnson Fundamentals
Return On Equity | -0.097 | ||||
Return On Asset | -0.0504 | ||||
Profit Margin | (0.08) % | ||||
Operating Margin | (0.19) % | ||||
Current Valuation | 210.5 M | ||||
Shares Outstanding | 9.13 M | ||||
Shares Owned By Insiders | 8.58 % | ||||
Shares Owned By Institutions | 83.31 % | ||||
Number Of Shares Shorted | 554.28 K | ||||
Price To Earning | 8.34 X | ||||
Price To Book | 0.60 X | ||||
Price To Sales | 0.47 X | ||||
Revenue | 592.85 M | ||||
Gross Profit | 180.31 M | ||||
EBITDA | (10.1 M) | ||||
Net Income | (26.53 M) | ||||
Cash And Equivalents | 117.57 M | ||||
Cash Per Share | 11.65 X | ||||
Total Debt | 49.33 M | ||||
Debt To Equity | 0.11 % | ||||
Current Ratio | 4.11 X | ||||
Book Value Per Share | 43.16 X | ||||
Cash Flow From Operations | 40.98 M | ||||
Short Ratio | 11.45 X | ||||
Earnings Per Share | (4.48) X | ||||
Price To Earnings To Growth | 1.60 X | ||||
Target Price | 50.0 | ||||
Number Of Employees | 1.2 K | ||||
Beta | 0.63 | ||||
Market Capitalization | 262.06 M | ||||
Total Asset | 635.21 M | ||||
Retained Earnings | 369.59 M | ||||
Working Capital | 338.28 M | ||||
Current Asset | 201.97 M | ||||
Current Liabilities | 67.65 M | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 0.87 % | ||||
Net Asset | 635.21 M | ||||
Last Dividend Paid | 1.32 |
About Johnson Outdoors Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Johnson Outdoors's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Johnson Outdoors using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Johnson Outdoors based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Johnson Stock Analysis
When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.