Janus Total Current Assets vs Total Assets 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 Total Current Assets and its Total Assets 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus Henderson Group Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Janus Henderson's Total Current Assets and Total Assets is -0.49. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets 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 Total Current Assets and Total 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 Total Current Assets of Janus Henderson Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Janus Henderson's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Total Assets
Total assets refers to the total amount of Janus Henderson assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Janus Henderson Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 |
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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.