John Good Will vs Accounts Payable Analysis

JBT Stock  USD 124.19  0.11  0.09%   
John Bean financial indicator trend analysis is infinitely more than just investigating John Bean Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Bean Technologies is a good investment. Please check the relationship between John Bean Good Will and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Bean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of John Bean Technologies Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between John Bean's Good Will and Accounts Payable is 0.69. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of John Bean Technologies, assuming nothing else is changed. The correlation between historical values of John Bean's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of John Bean Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., John Bean's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents John Bean obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of John Bean Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from John Bean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Bean Technologies 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 John Bean Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Selling General Administrative is likely to drop to about 282.5 M in 2024. Discontinued Operations is likely to drop to about (362.2 K) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit566.8M617.3M585.7M410.7M
Total Revenue1.9B2.2B1.7B1.5B

John Bean fundamental ratios Correlations

0.690.820.940.80.630.670.690.990.150.690.680.99-0.130.860.80.840.510.820.930.850.99-0.10.310.860.84
0.690.660.630.490.50.330.40.69-0.050.40.230.70.00.550.630.770.820.650.710.750.74-0.01-0.240.720.58
0.820.660.620.950.850.890.210.870.370.210.820.85-0.090.680.910.940.610.960.780.820.870.30.280.570.92
0.940.630.620.590.330.440.880.90.060.880.490.91-0.070.870.560.650.350.590.880.780.89-0.290.170.90.69
0.80.490.950.590.830.910.210.850.410.210.920.83-0.020.720.910.870.410.940.680.790.830.30.50.440.97
0.630.50.850.330.830.81-0.080.70.25-0.080.710.68-0.120.350.920.820.660.920.580.550.710.410.40.340.71
0.670.330.890.440.910.810.060.710.530.060.940.69-0.180.570.810.820.310.850.560.650.70.440.420.30.84
0.690.40.210.880.21-0.080.060.61-0.061.00.160.63-0.190.730.20.260.090.210.650.540.61-0.620.020.80.35
0.990.690.870.90.850.70.710.610.160.610.711.0-0.090.830.850.870.550.870.930.850.99-0.020.340.820.87
0.15-0.050.370.060.410.250.53-0.060.16-0.060.530.11-0.220.230.20.23-0.10.250.040.180.180.230.11-0.10.36
0.690.40.210.880.21-0.080.061.00.61-0.060.160.63-0.190.730.20.260.090.210.650.540.61-0.620.020.80.35
0.680.230.820.490.920.710.940.160.710.530.160.69-0.130.680.780.750.130.80.520.680.680.370.60.270.88
0.990.70.850.910.830.680.690.631.00.110.630.69-0.070.830.840.860.540.860.940.850.99-0.040.340.840.86
-0.130.0-0.09-0.07-0.02-0.12-0.18-0.19-0.09-0.22-0.19-0.13-0.07-0.22-0.17-0.11-0.14-0.15-0.2-0.18-0.110.310.01-0.22-0.03
0.860.550.680.870.720.350.570.730.830.230.730.680.83-0.220.650.710.280.670.750.910.82-0.20.320.710.84
0.80.630.910.560.910.920.810.20.850.20.20.780.84-0.170.650.910.650.990.740.820.850.240.440.540.88
0.840.770.940.650.870.820.820.260.870.230.260.750.86-0.110.710.910.710.940.780.870.880.330.230.610.87
0.510.820.610.350.410.660.310.090.55-0.10.090.130.54-0.140.280.650.710.650.590.520.60.13-0.160.550.39
0.820.650.960.590.940.920.850.210.870.250.210.80.86-0.150.670.990.940.650.770.830.870.260.410.560.91
0.930.710.780.880.680.580.560.650.930.040.650.520.94-0.20.750.740.780.590.770.790.92-0.140.190.950.72
0.850.750.820.780.790.550.650.540.850.180.540.680.85-0.180.910.820.870.520.830.790.860.010.20.710.9
0.990.740.870.890.830.710.70.610.990.180.610.680.99-0.110.820.850.880.60.870.920.86-0.030.270.820.85
-0.1-0.010.3-0.290.30.410.44-0.62-0.020.23-0.620.37-0.040.31-0.20.240.330.130.26-0.140.01-0.030.26-0.360.16
0.31-0.240.280.170.50.40.420.020.340.110.020.60.340.010.320.440.23-0.160.410.190.20.270.260.010.41
0.860.720.570.90.440.340.30.80.82-0.10.80.270.84-0.220.710.540.610.550.560.950.710.82-0.360.010.53
0.840.580.920.690.970.710.840.350.870.360.350.880.86-0.030.840.880.870.390.910.720.90.850.160.410.53
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John Bean Account Relationship Matchups

John Bean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.8B2.1B2.6B2.7B2.8B
Other Current Liab168M167.9M163.5M452.8M349.8M197.1M
Total Current Liabilities474.5M457.5M549.9M621.2M484.4M405.8M
Total Stockholder Equity569.5M637.1M750.5M862.7M1.5B1.6B
Property Plant And Equipment Net265.6M268M267.6M269.9M248M203.9M
Net Debt659.7M477.4M595.6M904.8M163.1M306.2M
Accounts Payable198.6M140.7M186M170.6M134.6M133.1M
Cash39.5M47.5M78.8M73.1M483.3M507.5M
Non Current Assets Total1.2B1.2B1.4B1.7B1.6B1.7B
Non Currrent Assets Other86.3M78.8M127.7M104.4M124.7M141.0M
Cash And Short Term Investments39.5M47.5M78.8M73.1M483.3M507.5M
Net Receivables363.3M304.4M333.5M265.6M288.9M259.1M
Good Will528.9M543.9M684.8M807.8M779.5M818.5M
Common Stock Shares Outstanding31.9M32.2M32M32.1M36.9M33.2M
Liabilities And Stockholders Equity1.9B1.8B2.1B2.6B2.7B2.8B
Non Current Liabilities Total870.9M711.3M841M1.1B737.1M505.6M
Inventory245M197.3M229.1M322.5M238.9M179.0M
Other Current Assets60.4M66.9M77.3M325.2M89.1M71.8M
Total Liab1.3B1.2B1.4B1.7B1.2B911.4M
Property Plant And Equipment Gross265.6M268M606.8M616.3M564.7M592.9M
Total Current Assets708.2M616.1M718.7M869.6M1.1B574.2M
Accumulated Other Comprehensive Income(192.8M)(219.9M)(197.4M)(204.3M)(195.8M)(186.0M)
Intangible Assets325.9M299.1M342.6M532.4M458M480.9M
Common Stock229.5M229.2M214.5M215.7M300K285K
Other Liab150.3M188.8M166.6M90.9M104.5M133.3M
Other Assets27.4M79M1.2B1.4B1.7B1.7B
Property Plant Equipment265.6M268M267.6M269.9M310.4M204.1M
Short Long Term Debt Total699.2M524.9M684.6M977.9M646.4M423.0M
Retained Earnings532.8M627.8M733.4M851.3M1.5B1.5B
Long Term Debt698.3M522.5M674.4M977.3M646.4M419.8M
Other Stockholder Equity229.2M228.9M214.2M215.4M220.8M146.5M
Treasury Stock(19.3M)(12.6M)(1M)(5.3M)(4.8M)(5.0M)
Net Tangible Assets(285.3M)(205.9M)750.5M(390.5M)(351.5M)(333.9M)
Retained Earnings Total Equity532.8M627.8M733.4M851.3M979.0M1.0B
Long Term Debt Total698.3M522.5M674.4M977.3M1.1B1.2B
Capital Surpluse241.8M229.9M214.2M220.7M253.8M166.8M

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