James Common Stock Shares Outstanding vs Long Term Debt Analysis

JHX Stock  USD 32.49  0.11  0.34%   
James Hardie financial indicator trend analysis is infinitely more than just investigating James Hardie Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether James Hardie Industries is a good investment. Please check the relationship between James Hardie Common Stock Shares Outstanding and its Long Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James Hardie Industries. 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.

Common Stock Shares Outstanding vs Long Term Debt

Common Stock Shares Outstanding vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of James Hardie Industries Common Stock Shares Outstanding account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between James Hardie's Common Stock Shares Outstanding and Long Term Debt is -0.35. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of James Hardie Industries, assuming nothing else is changed. The correlation between historical values of James Hardie's Common Stock Shares Outstanding and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of James Hardie Industries are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., James Hardie's Common Stock Shares Outstanding and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Long Term Debt

Long-term debt is a debt that James Hardie Industries has held for over one year. Long-term debt appears on James Hardie Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on James Hardie Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from James Hardie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into James Hardie Industries 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 James Hardie Industries. 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, James Hardie's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 295.4 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop (0.15) in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit1.3B1.6B1.8B1.9B
Total Revenue3.8B3.9B4.5B4.8B

James Hardie fundamental ratios Correlations

0.70.880.94-0.020.930.930.590.910.880.850.740.870.710.82-0.610.97-0.460.830.970.730.730.84-0.430.680.81
0.70.930.660.110.650.540.50.580.370.540.370.80.480.51-0.480.7-0.350.360.70.760.260.56-0.130.50.52
0.880.930.810.070.80.80.610.750.610.70.550.90.630.67-0.590.87-0.420.60.870.840.490.71-0.320.660.72
0.940.660.81-0.31.00.890.590.80.80.860.610.90.50.82-0.330.94-0.560.770.930.750.690.78-0.340.60.74
-0.020.110.07-0.3-0.31-0.120.00.07-0.16-0.260.14-0.130.39-0.25-0.73-0.130.3-0.29-0.1-0.14-0.37-0.020.110.19-0.01
0.930.650.81.0-0.310.880.590.790.80.860.610.890.490.82-0.310.93-0.550.760.920.740.690.78-0.330.590.73
0.930.540.80.89-0.120.880.520.830.840.820.690.820.650.79-0.510.91-0.420.820.910.760.750.79-0.460.620.84
0.590.50.610.590.00.590.520.30.420.250.250.670.220.2-0.40.59-0.710.370.640.360.130.260.030.960.3
0.910.580.750.80.070.790.830.30.890.90.740.630.80.9-0.580.83-0.20.820.810.640.790.89-0.520.440.83
0.880.370.610.8-0.160.80.840.420.890.830.770.590.690.82-0.460.86-0.350.960.840.470.910.8-0.550.520.76
0.850.540.70.86-0.260.860.820.250.90.830.740.660.71.0-0.250.81-0.140.810.770.720.810.94-0.520.320.89
0.740.370.550.610.140.610.690.250.740.770.740.540.910.74-0.570.730.080.730.720.420.690.9-0.470.40.87
0.870.80.90.9-0.130.890.820.670.630.590.660.540.460.61-0.430.9-0.560.60.910.830.480.65-0.270.660.66
0.710.480.630.50.390.490.650.220.80.690.70.910.460.71-0.710.640.190.630.630.480.580.87-0.510.420.87
0.820.510.670.82-0.250.820.790.20.90.821.00.740.610.71-0.230.77-0.090.790.730.70.810.94-0.520.270.88
-0.61-0.48-0.59-0.33-0.73-0.31-0.51-0.4-0.58-0.46-0.25-0.57-0.43-0.71-0.23-0.540.14-0.37-0.57-0.28-0.24-0.430.25-0.61-0.46
0.970.70.870.94-0.130.930.910.590.830.860.810.730.90.640.77-0.54-0.510.851.00.720.760.8-0.450.650.78
-0.46-0.35-0.42-0.560.3-0.55-0.42-0.71-0.2-0.35-0.140.08-0.560.19-0.090.14-0.51-0.33-0.54-0.25-0.20.0-0.1-0.60.01
0.830.360.60.77-0.290.760.820.370.820.960.810.730.60.630.79-0.370.85-0.330.830.50.970.76-0.620.450.75
0.970.70.870.93-0.10.920.910.640.810.840.770.720.910.630.73-0.571.0-0.540.830.690.730.78-0.420.70.76
0.730.760.840.75-0.140.740.760.360.640.470.720.420.830.480.7-0.280.72-0.250.50.690.460.65-0.390.370.72
0.730.260.490.69-0.370.690.750.130.790.910.810.690.480.580.81-0.240.76-0.20.970.730.460.75-0.650.210.71
0.840.560.710.78-0.020.780.790.260.890.80.940.90.650.870.94-0.430.80.00.760.780.650.75-0.530.370.95
-0.43-0.13-0.32-0.340.11-0.33-0.460.03-0.52-0.55-0.52-0.47-0.27-0.51-0.520.25-0.45-0.1-0.62-0.42-0.39-0.65-0.53-0.07-0.61
0.680.50.660.60.190.590.620.960.440.520.320.40.660.420.27-0.610.65-0.60.450.70.370.210.37-0.070.43
0.810.520.720.74-0.010.730.840.30.830.760.890.870.660.870.88-0.460.780.010.750.760.720.710.95-0.610.43
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James Hardie Account Relationship Matchups

James Hardie fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.1B4.2B4.5B4.9B5.6B5.9B
Other Current Liab702.9M459.6M465.6M506.2M582.1M611.2M
Total Current Liabilities901.1M769.9M697.3M797.7M917.4M963.2M
Total Stockholder Equity1.1B1.3B1.6B1.9B2.1B2.2B
Other Liab1.1B1.2B1.2B1.0B1.2B1.2B
Retained Earnings611.4M892.4M1.2B1.4B1.7B1.7B
Accounts Payable174M273.6M198.2M252M289.8M304.3M
Cash208.5M125M113M365M419.8M440.7M
Other Assets1.4B1.3B1.2B1.2B1.3B1.4B
Long Term Debt858.6M877.3M1.1B1.1B1.3B1.3B
Good Will209.3M199.5M194.9M192.6M221.5M127.3M
Inventory218.3M279.7M344.2M337.8M388.5M203.3M
Other Current Assets177M313M281.1M354.4M407.6M427.9M
Total Liab3.0B2.9B2.9B3.1B3.5B2.2B
Intangible Assets173.9M162.8M155.2M149.2M171.6M90.7M
Property Plant Equipment1.4B1.4B1.5B1.9B2.2B2.3B
Common Stock Shares Outstanding445.4M445.9M445.6M439.6M395.6M356.2M
Liabilities And Stockholders Equity4.1B4.2B4.5B4.9B5.6B5.9B
Short Long Term Debt Total922.6M955.5M1.1B1.2B1.4B1.5B
Property Plant And Equipment Net1.4B1.5B1.9B2.1B2.4B2.5B
Current Deferred Revenue103M563.4M819.2M376.5M433.0M454.6M
Net Debt714.1M830.5M1.0B836M961.4M1.0B
Non Current Assets Total3.1B3.1B3.4B3.5B4.0B2.0B
Non Currrent Assets Other3.4M22.7M34.3M59.3M53.4M105.0M
Cash And Short Term Investments208.5M125M113M365M419.8M440.7M
Net Receivables339.8M373.9M336.8M371.2M426.9M221.2M
Short Term Investments26.6M119.7M140.9M178.4M205.2M215.4M
Non Current Liabilities Total2.1B2.1B2.2B2.3B2.6B1.9B
Other Stockholder Equity224.6M230.4M237.9M256.5M295.0M309.7M
Total Current Assets943.6M1.1B1.1B1.4B1.6B1.7B
Accumulated Other Comprehensive Income(6.6M)(22M)(53.3M)(68.3M)(61.5M)(58.4M)
Short Term Debt17.6M27.2M18.1M26.5M23.9M44.1M
Property Plant And Equipment Gross1.4B2.7B3.3B3.6B4.1B4.3B
Net Tangible Assets671.7M677.6M970.6M1.3B1.5B1.5B
Long Term Debt Total1.4B1.4B860.5M878.8M1.0B1.1B

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