Janus Inventory vs Cash Analysis
JHG Stock | USD 44.64 0.31 0.70% |
Janus Henderson financial indicator trend analysis is infinitely more than just investigating Janus Henderson Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janus Henderson Group is a good investment. Please check the relationship between Janus Henderson Inventory and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Henderson Group. 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.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus Henderson Group Inventory account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Janus Henderson's Inventory and Cash is -0.3. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Janus Henderson Group, assuming nothing else is changed. The correlation between historical values of Janus Henderson's Inventory and Cash 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 Janus Henderson Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Janus Henderson's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Cash
Cash refers to the most liquid asset of Janus Henderson Group, which is listed under current asset account on Janus Henderson Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Janus Henderson customers. The amounts must be unrestricted with restricted cash listed in a different Janus Henderson account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Janus Henderson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janus Henderson Group 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 Janus Henderson Group. 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, Janus Henderson's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Janus Henderson's current Enterprise Value is estimated to increase to about 2.7 B, while Enterprise Value Over EBITDA is projected to decrease to 7.00.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 983.5M | 557.3M | 550M | 422.7M | Depreciation And Amortization | 1.8B | 1.7B | 22.9M | 21.8M |
Janus Henderson fundamental ratios Correlations
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Janus Henderson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Janus Henderson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.7M | 27.3M | 29.1M | 24.5M | 6.5B | 5.9B | |
Other Current Liab | 381.5M | 339.8M | 325.3M | 278.6M | 592.8M | 475.6M | |
Total Current Liabilities | 729.1M | 627.4M | 619.2M | 574.6M | 631M | 617.0M | |
Total Stockholder Equity | 7.6B | 6.7B | 6.7B | 6.2B | 4.5B | 3.4B | |
Other Liab | 822.2M | 1.6B | 1.6B | 654.8M | 753.0M | 697.6M | |
Net Tangible Assets | 293.6M | 732M | 746.2M | 692M | 795.8M | 835.6M | |
Noncontrolling Interest In Consolidated Entity | 21.5M | 19.7M | 17.4M | 15.4M | 17.7M | 18.6M | |
Retained Earnings | 4.9B | 4.7B | 4.6B | 4.4B | 1.1B | 1.7B | |
Accounts Payable | 6.5M | 57.1M | 3.2M | 2.6M | 4.3M | 3.0M | |
Cash | 796.5M | 1.1B | 1.1B | 1.2B | 1.2B | 698.0M | |
Other Assets | (7.6B) | (6.7B) | (6.7B) | (6.2B) | (6.5B) | (6.1B) | |
Long Term Debt | 316.2M | 313.3M | 310.4M | 307.5M | 304.6M | 254.6M | |
Net Receivables | 466.5M | 488.3M | 436M | 318.6M | 388.6M | 364.6M | |
Good Will | 1.5B | 1.4B | 1.3B | 1.3B | 1.3B | 921.9M | |
Common Stock Total Equity | 294.6M | 280.5M | 270.6M | 253.6M | 291.6M | 243.8M | |
Retained Earnings Total Equity | 1.3B | 1.3B | 1.1B | 1.1B | 1.2B | 1.3B | |
Short Term Investments | 1.2B | 482.7M | 702.3M | 595.9M | 716.6M | 752.4M | |
Other Current Assets | 7.6B | 6.7B | 6.7B | 6.2B | 182.3M | 173.2M | |
Other Stockholder Equity | (3.8B) | (3.6B) | (3.4B) | (3.1B) | 3.7B | 3.9B | |
Total Liab | 280.5M | 270.6M | 253.6M | 248.5M | 1.6B | 1.6B | |
Deferred Long Term Liab | 729.9M | 729.1M | 627.4M | 619.2M | 712.1M | 747.7M | |
Long Term Investments | 5.9M | 7.8M | 8.8M | 261.6M | 300.8M | 315.9M | |
Total Current Assets | 2.6B | 2.2B | 2.4B | 2.2B | 2.5B | 3.4B | |
Accumulated Other Comprehensive Income | 5.6B | 4.8B | 4.8B | 4.6B | (563.6M) | (535.4M) | |
Treasury Stock | (170.8M) | (139.5M) | (107.3M) | (55.1M) | (49.6M) | (52.1M) | |
Short Term Debt | 319.1M | 316.2M | 311.7M | 320.4M | 23.1M | 21.9M | |
Intangible Assets | 3.1B | 2.7B | 2.5B | 2.4B | 2.4B | 1.4B | |
Common Stock | 280.5M | 270.6M | 253.6M | 248.5M | 245M | 198.3M | |
Property Plant Equipment | 217.3M | 77.9M | 63.3M | 51.8M | 59.6M | 51.5M | |
Short Long Term Debt Total | 127M | 625M | 630.8M | 623.7M | 382.5M | 318.2M | |
Property Plant And Equipment Net | 217.3M | 199.7M | 63.3M | 51.8M | 44.2M | 58.1M | |
Net Debt | (669.5M) | (993.4M) | (785.7M) | (847M) | (785.6M) | (746.3M) | |
Non Current Assets Total | 5.0B | 4.5B | 4.3B | 4.0B | 4.0B | 2.5B | |
Non Currrent Assets Other | (2.8B) | (2.4B) | (6.4B) | (6.0B) | 275.2M | 289.0M | |
Cash And Short Term Investments | 2.0B | 1.6B | 1.8B | 1.8B | 1.9B | 1.1B | |
Common Stock Shares Outstanding | 2.21 | 0.87 | 3.57 | 2.23 | 160.5M | 168.5M | |
Liabilities And Stockholders Equity | 471.4M | 458.4M | 454.1M | 407.8M | 6.5B | 3.8B | |
Non Current Liabilities Total | 1.3B | 1.1B | 1.1B | 1.0B | 1.0B | 959.6M |
Currently Active Assets on Macroaxis
When determining whether Janus Henderson Group is a strong investment it is important to analyze Janus Henderson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Janus Henderson's future performance. For an informed investment choice regarding Janus Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Henderson Group. 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. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Janus Henderson. If investors know Janus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Janus Henderson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 1.56 | Earnings Share 2.53 | Revenue Per Share 14.874 | Quarterly Revenue Growth 0.199 |
The market value of Janus Henderson Group is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus Henderson's value that differs from its market value or its book value, called intrinsic value, which is Janus Henderson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Janus Henderson's market value can be influenced by many factors that don't directly affect Janus Henderson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Janus Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Henderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.