John Non Current Assets Total vs Total Current Assets 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 Non Current Assets Total and its Total Current Assets 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of John Bean Technologies Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between John Bean's Non Current Assets Total and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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 Non Current Assets Total and Total Current Assets 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 Assets Total of John Bean Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., John Bean's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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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