Jason Inventory vs Common Stock Analysis
603816 Stock | 29.05 0.16 0.55% |
Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Inventory and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Inventory vs Common Stock
Inventory vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jason Furniture Inventory account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jason Furniture's Inventory and Common Stock is 0.94. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Inventory 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 Inventory of Jason Furniture 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 Inventory i.e., Jason Furniture's Inventory and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Common Stock
Most indicators from Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture 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 Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of December 18, 2024, Selling General Administrative is expected to decline to about 1.6 B. In addition to that, Tax Provision is expected to decline to about 346.1 M
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.9B | 1.9B | 2.3B | 1.2B | Total Revenue | 18.3B | 18.0B | 19.2B | 20.2B |
Jason Furniture fundamental ratios Correlations
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Jason Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jason Furniture fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.3B | 13.0B | 15.9B | 16.1B | 16.8B | 8.9B | |
Other Current Liab | 2.2B | 3.3B | 3.5B | 139.4M | 136.0M | 129.2M | |
Total Current Liabilities | 4.5B | 5.4B | 7.0B | 6.6B | 6.5B | 3.6B | |
Total Stockholder Equity | 5.9B | 6.7B | 8.0B | 8.9B | 9.6B | 10.1B | |
Retained Earnings | 2.9B | 3.1B | 4.2B | 4.6B | 5.7B | 6.0B | |
Accounts Payable | 1.3B | 1.3B | 1.7B | 2.0B | 1.6B | 1.0B | |
Cash | 3.0B | 2.2B | 3.2B | 4.4B | 3.6B | 1.9B | |
Other Assets | 189.3M | 264.0M | 437.6M | 517.2M | 594.8M | 624.5M | |
Net Receivables | 1.2B | 1.1B | 1.7B | 1.0B | 1.4B | 775.4M | |
Short Term Investments | 492.9M | 764.9M | 532.3M | 98.4M | 113.1M | 107.5M | |
Inventory | 1.3B | 1.9B | 2.4B | 1.9B | 2.0B | 1.2B | |
Other Current Assets | 208.2M | 262.0M | 274.0M | 384.3M | 299.3M | 184.4M | |
Total Liab | 6.0B | 5.9B | 7.5B | 7.0B | 7.0B | 4.0B | |
Intangible Assets | 754.8M | 733.2M | 832.3M | 875.8M | 977.0M | 1.0B | |
Common Stock | 430.2M | 601.8M | 632.4M | 632.3M | 727.1M | 478.7M | |
Property Plant Equipment | 1.8B | 2.3B | 3.1B | 4.9B | 5.7B | 6.0B | |
Other Liab | 49.5M | 150.3M | 129.0M | 85.3M | 98.1M | 53.6M | |
Net Tangible Assets | 3.2B | 4.3B | 5.7B | 6.8B | 7.9B | 4.4B | |
Other Stockholder Equity | 222.6M | 635.3M | 184.5M | (528.5M) | (475.6M) | (451.9M) | |
Deferred Long Term Liab | 107.2M | 146.0M | 184.3M | 123.1M | 141.6M | 107.5M | |
Non Current Assets Total | 6.1B | 6.7B | 7.5B | 7.7B | 9.2B | 6.4B | |
Non Currrent Assets Other | 11.2M | 450.9M | 68.0M | 29.7M | 716.3M | 752.1M | |
Non Current Liabilities Total | 1.5B | 529.4M | 528.2M | 412.8M | 512.0M | 736.3M | |
Short Long Term Debt | 287.0M | 233.1M | 468.5M | 1.5B | 1.5B | 1.6B | |
Total Current Assets | 6.1B | 6.4B | 8.4B | 8.4B | 7.5B | 6.8B | |
Common Stock Shares Outstanding | 601.8M | 632.4M | 632.3M | 821.9M | 945.2M | 740.5M | |
Net Invested Capital | 7.5B | 7.4B | 8.5B | 10.4B | 11.1B | 8.7B | |
Net Working Capital | 1.6B | 954.8M | 1.4B | 1.7B | 1.1B | 1.1B | |
Capital Stock | 601.8M | 632.4M | 632.3M | 821.9M | 945.2M | 722.4M | |
Non Current Liabilities Other | 1.3B | 401.3K | 1.3M | 2.9M | 1.8M | 1.7M |
Currently Active Assets on Macroaxis
Other Information on Investing in Jason Stock
Balance Sheet is a snapshot of the financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jason currently owns. An asset can also be divided into two categories, current and non-current.