JBHT Non Current Liabilities Total vs Gross Profit Margin Analysis

JBHT Stock  USD 189.11  1.20  0.63%   
JB Hunt financial indicator trend analysis is infinitely more than just investigating JB Hunt Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hunt Transport is a good investment. Please check the relationship between JB Hunt Non Current Liabilities Total and its Gross Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Non Current Liabilities Total vs Gross Profit Margin

Non Current Liabilities Total vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Hunt Transport Non Current Liabilities Total account and Gross Profit Margin. At this time, the significance of the direction appears to have pay attention.
The correlation between JB Hunt's Non Current Liabilities Total and Gross Profit Margin is -0.72. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of JB Hunt Transport, assuming nothing else is changed. The correlation between historical values of JB Hunt's Non Current Liabilities Total and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of JB Hunt Transport are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Non Current Liabilities Total i.e., JB Hunt's Non Current Liabilities Total and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Non Current Liabilities Total

Gross Profit Margin

Most indicators from JB Hunt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hunt Transport 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, JB Hunt's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 13.61 in 2024, whereas Tax Provision is likely to drop slightly above 208.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.5B2.2B1.2B
Total Revenue12.2B14.8B12.8B13.5B

JB Hunt fundamental ratios Correlations

0.720.970.960.990.990.91.00.391.00.270.390.99-0.90.940.840.78-0.890.990.97-0.020.94-0.840.440.920.44
0.720.560.60.690.740.80.720.130.73-0.10.130.7-0.740.790.620.52-0.490.740.650.520.7-0.610.490.670.5
0.970.560.950.970.930.780.960.470.950.390.470.96-0.830.870.790.82-0.940.940.96-0.220.91-0.790.320.860.33
0.960.60.950.960.940.820.960.440.940.370.440.97-0.850.840.80.78-0.830.950.96-0.130.95-0.840.410.860.41
0.990.690.970.960.980.870.990.390.990.30.390.99-0.850.90.820.77-0.90.970.96-0.050.92-0.80.340.930.35
0.990.740.930.940.980.950.980.281.00.220.280.98-0.870.950.880.7-0.840.980.920.020.9-0.830.450.950.45
0.90.80.780.820.870.950.890.060.930.110.060.87-0.820.920.860.56-0.690.910.780.130.8-0.740.510.920.52
1.00.720.960.960.990.980.890.40.990.270.40.99-0.910.940.830.79-0.890.990.97-0.010.95-0.840.440.910.44
0.390.130.470.440.390.280.060.40.310.31.00.42-0.430.30.080.47-0.560.380.57-0.170.43-0.380.150.160.15
1.00.730.950.940.991.00.930.990.310.240.310.98-0.880.950.870.73-0.870.990.94-0.010.91-0.830.440.940.44
0.27-0.10.390.370.30.220.110.270.30.240.30.26-0.150.090.240.33-0.440.230.32-0.780.29-0.15-0.060.23-0.06
0.390.130.470.440.390.280.060.41.00.310.30.42-0.430.30.080.47-0.560.380.57-0.170.43-0.380.150.160.15
0.990.70.960.970.990.980.870.990.420.980.260.42-0.90.920.820.78-0.870.980.980.010.95-0.850.430.90.44
-0.9-0.74-0.83-0.85-0.85-0.87-0.82-0.91-0.43-0.88-0.15-0.43-0.9-0.94-0.73-0.820.74-0.94-0.91-0.15-0.930.87-0.72-0.7-0.73
0.940.790.870.840.90.950.920.940.30.950.090.30.92-0.940.830.73-0.810.970.890.120.87-0.840.590.840.6
0.840.620.790.80.820.880.860.830.080.870.240.080.82-0.730.830.5-0.660.850.73-0.060.71-0.860.550.850.56
0.780.520.820.780.770.70.560.790.470.730.330.470.78-0.820.730.5-0.720.780.86-0.090.89-0.640.380.510.38
-0.89-0.49-0.94-0.83-0.9-0.84-0.69-0.89-0.56-0.87-0.44-0.56-0.870.74-0.81-0.66-0.72-0.86-0.890.29-0.790.69-0.23-0.79-0.24
0.990.740.940.950.970.980.910.990.380.990.230.380.98-0.940.970.850.78-0.860.960.010.94-0.880.530.890.54
0.970.650.960.960.960.920.780.970.570.940.320.570.98-0.910.890.730.86-0.890.96-0.050.97-0.830.420.80.43
-0.020.52-0.22-0.13-0.050.020.13-0.01-0.17-0.01-0.78-0.170.01-0.150.12-0.06-0.090.290.01-0.050.03-0.070.26-0.040.26
0.940.70.910.950.920.90.80.950.430.910.290.430.95-0.930.870.710.89-0.790.940.970.03-0.820.480.770.49
-0.84-0.61-0.79-0.84-0.8-0.83-0.74-0.84-0.38-0.83-0.15-0.38-0.850.87-0.84-0.86-0.640.69-0.88-0.83-0.07-0.82-0.72-0.69-0.73
0.440.490.320.410.340.450.510.440.150.44-0.060.150.43-0.720.590.550.38-0.230.530.420.260.48-0.720.261.0
0.920.670.860.860.930.950.920.910.160.940.230.160.9-0.70.840.850.51-0.790.890.8-0.040.77-0.690.260.26
0.440.50.330.410.350.450.520.440.150.44-0.060.150.44-0.730.60.560.38-0.240.540.430.260.49-0.731.00.26
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JB Hunt Account Relationship Matchups

JB Hunt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B5.9B6.8B7.7B8.5B9.0B
Short Long Term Debt Total1.3B1.4B1.3B1.3B1.9B2.0B
Other Current Liab433.2M538.7M600.9M769.5M692.2M726.8M
Total Current Liabilities1.0B1.1B1.7B1.6B1.8B1.9B
Total Stockholder Equity2.3B2.6B3.1B3.7B4.1B4.3B
Property Plant And Equipment Net3.6B3.7B4.1B5.0B6.1B6.4B
Net Debt1.3B992.1M945.7M1.2B1.9B2.0B
Retained Earnings4.6B5.0B5.6B6.4B7.0B7.3B
Cash35M313.3M355.5M51.9M53.3M33.6M
Non Current Assets Total4.0B4.1B4.5B5.6B6.5B6.8B
Non Currrent Assets Other165.9M185.2M36.6M115.1M61.3M64.3M
Cash And Short Term Investments35M313.3M355.5M51.9M53.3M33.6M
Net Receivables1.0B1.1B1.5B1.5B1.7B1.8B
Common Stock Shares Outstanding108.3M106.8M106.6M105.3M104.5M107.5M
Liabilities And Stockholders Equity5.5B5.9B6.8B7.7B8.5B9.0B
Non Current Liabilities Total2.2B2.2B1.9B2.5B2.7B2.8B
Inventory21.1M23.8M25.0M40.6M42.2M44.3M
Other Current Assets434.5M423.3M426.2M587.5M299.5M314.5M
Other Stockholder Equity(2.3B)(2.4B)(2.5B)(2.8B)(2.9B)(2.7B)
Total Liab3.2B3.3B3.7B4.1B4.4B4.7B
Total Current Assets1.5B1.9B2.3B2.2B2.1B2.2B
Short Term Debt44.4M48.3M356.0M86M349.9M224.3M
Accounts Payable602.6M587.5M772.7M798.8M737.4M774.2M
Property Plant And Equipment Gross3.6B3.7B4.1B5.2B8.8B9.2B
Other Liab792.2M915.5M1.0B1.1B1.2B1.3B
Other Assets6K397.3M(28K)41K267.0M280.4M
Long Term Debt1.3B1.3B945.3M1.3B1.3B796.4M
Treasury Stock(2.7B)(2.8B)(3.0B)(3.3B)(2.9B)(2.8B)
Property Plant Equipment3.6B3.7B4.1B5.2B6.0B6.3B
Net Tangible Assets2.1B2.4B3.1B3.4B3.9B4.1B
Good Will96.3M105.4M100.5M120.4M134.1M140.8M
Retained Earnings Total Equity4.6B5.0B5.6B6.4B7.4B7.8B
Long Term Debt Total898.4M1.3B1.3B1.3B1.5B1.0B
Capital Surpluse374.0M408.2M448.2M499.9M574.9M345.7M
Non Current Liabilities Other173.2M204.6M256.2M369.3M392.8M412.4M

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