| JHS Stock | | | USD 11.49 0.04 0.35% |
John Hancock financial indicator trend analysis is infinitely more than just investigating John Hancock Income recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Hancock Income is a good investment. Please check the relationship between John Hancock Net Debt 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 Hancock Income. 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.
Net Debt vs Accounts Payable
Net Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Hancock Income Net Debt account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between John Hancock's Net Debt and Accounts Payable is -0.38. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of John Hancock Income, assuming nothing else is changed. The correlation between historical values of John Hancock's Net Debt 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 Net Debt of John Hancock Income 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 Net Debt i.e., John Hancock's Net Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Accounts Payable
An accounting item on the balance sheet that represents John Hancock 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 Hancock Income 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 Hancock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Hancock Income 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 Hancock Income. 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, John Hancock's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 199.6
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
John Hancock fundamental ratios Correlations
Click cells to compare fundamentals
John Hancock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John Hancock fundamental ratios Accounts
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