Johnson Asset Turnover vs Total Cash From Operating Activities Analysis

JNJ Stock  USD 155.40  0.88  0.57%   
Johnson Johnson financial indicator trend analysis is infinitely more than just investigating Johnson Johnson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Johnson is a good investment. Please check the relationship between Johnson Johnson Asset Turnover and its Total Cash From Operating Activities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.

Asset Turnover vs Total Cash From Operating Activities

Asset Turnover vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Johnson Asset Turnover account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Johnson Johnson's Asset Turnover and Total Cash From Operating Activities is -0.89. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Johnson Johnson, assuming nothing else is changed. The correlation between historical values of Johnson Johnson's Asset Turnover and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Johnson Johnson are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Asset Turnover i.e., Johnson Johnson's Asset Turnover and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Cash From Operating Activities

Most indicators from Johnson Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Johnson 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 Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.At this time, Johnson Johnson's Tax Provision is relatively stable compared to the past year. Issuance Of Capital Stock is expected to hike to about 4.5 B this year, although Enterprise Value Multiple will most likely fall to 10.10.
 2021 2022 2023 2024 (projected)
Gross Profit55.3B55.4B58.4B34.3B
Total Revenue78.7B80.0B85.2B49.3B

Johnson Johnson fundamental ratios Correlations

0.930.80.920.730.850.660.920.580.960.490.380.85-0.610.90.960.36-0.720.960.640.350.740.880.850.130.67
0.930.80.890.570.730.830.810.440.960.510.220.79-0.590.940.850.19-0.680.970.490.350.790.830.690.020.63
0.80.80.930.290.520.70.80.290.880.69-0.10.56-0.790.770.820.12-0.840.880.180.120.560.720.47-0.210.84
0.920.890.930.530.670.720.90.420.930.730.150.68-0.740.790.920.34-0.830.930.420.40.580.810.66-0.010.86
0.730.570.290.530.920.330.580.480.570.240.780.850.030.510.650.63-0.210.550.950.540.580.80.870.520.28
0.850.730.520.670.920.460.70.560.760.230.590.97-0.170.740.770.46-0.430.750.850.340.790.910.920.260.36
0.660.830.70.720.330.460.48-0.140.770.51-0.020.55-0.350.750.550.01-0.420.780.210.280.730.690.270.060.51
0.920.810.80.90.580.70.480.660.870.520.320.68-0.780.760.980.28-0.890.870.530.260.490.730.810.070.77
0.580.440.290.420.480.56-0.140.660.460.080.430.51-0.470.450.620.32-0.530.460.520.160.230.350.78-0.060.3
0.960.960.880.930.570.760.770.870.460.510.130.81-0.660.940.920.24-0.750.990.440.250.80.840.73-0.080.69
0.490.510.690.730.240.230.510.520.080.51-0.030.22-0.510.260.510.44-0.540.480.150.620.070.420.23-0.010.8
0.380.22-0.10.150.780.59-0.020.320.430.13-0.030.480.20.160.320.360.050.160.920.410.170.460.630.85-0.02
0.850.790.560.680.850.970.550.680.510.810.220.48-0.20.810.750.36-0.450.80.760.290.860.930.860.150.38
-0.61-0.59-0.79-0.740.03-0.17-0.35-0.78-0.47-0.66-0.510.2-0.2-0.56-0.720.060.9-0.670.060.01-0.17-0.3-0.350.32-0.77
0.90.940.770.790.510.740.750.760.450.940.260.160.81-0.560.820.02-0.650.960.420.060.890.810.68-0.080.48
0.960.850.820.920.650.770.550.980.620.920.510.320.75-0.720.820.34-0.830.910.570.270.60.80.840.080.76
0.360.190.120.340.630.460.010.280.320.240.440.360.360.060.020.34-0.030.160.540.690.050.350.50.190.29
-0.72-0.68-0.84-0.83-0.21-0.43-0.42-0.89-0.53-0.75-0.540.05-0.450.9-0.65-0.83-0.03-0.76-0.16-0.03-0.33-0.53-0.540.26-0.82
0.960.970.880.930.550.750.780.870.460.990.480.160.8-0.670.960.910.16-0.760.450.210.80.850.71-0.050.68
0.640.490.180.420.950.850.210.530.520.440.150.920.760.060.420.570.54-0.160.450.50.450.730.830.670.2
0.350.350.120.40.540.340.280.260.160.250.620.410.290.010.060.270.69-0.030.210.50.040.320.370.350.34
0.740.790.560.580.580.790.730.490.230.80.070.170.86-0.170.890.60.05-0.330.80.450.040.80.6-0.030.21
0.880.830.720.810.80.910.690.730.350.840.420.460.93-0.30.810.80.35-0.530.850.730.320.80.770.260.57
0.850.690.470.660.870.920.270.810.780.730.230.630.86-0.350.680.840.5-0.540.710.830.370.60.770.240.4
0.130.02-0.21-0.010.520.260.060.07-0.06-0.08-0.010.850.150.32-0.080.080.190.26-0.050.670.35-0.030.260.24-0.09
0.670.630.840.860.280.360.510.770.30.690.8-0.020.38-0.770.480.760.29-0.820.680.20.340.210.570.4-0.09
Click cells to compare fundamentals

Johnson Johnson Account Relationship Matchups

Johnson Johnson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets157.7B174.9B182.0B187.4B167.6B175.9B
Short Long Term Debt Total27.7B35.3B33.8B39.6B29.3B30.8B
Other Current Liab26.2B29.0B29.3B30.9B30.2B31.7B
Total Current Liabilities36.0B42.5B45.2B55.8B46.3B48.6B
Total Stockholder Equity59.5B63.3B74.0B76.8B68.8B38.7B
Property Plant And Equipment Net17.7B18.8B19.0B18.0B19.9B11.6B
Net Debt10.4B21.3B19.3B26.8B7.5B7.8B
Retained Earnings110.7B113.9B123.1B128.3B153.8B161.5B
Cash17.3B14.0B14.5B12.9B21.9B23.0B
Non Current Assets Total112.5B123.7B121.0B132.1B114.1B119.8B
Non Currrent Assets Other4.5B6.6B10.2B30.6B14.2B14.9B
Cash And Short Term Investments19.3B25.2B31.6B22.3B22.9B14.3B
Net Receivables14.5B13.6B15.3B14.0B14.9B8.0B
Common Stock Shares Outstanding2.7B2.7B2.7B2.7B2.6B2.2B
Liabilities And Stockholders Equity157.7B174.9B182.0B187.4B167.6B175.9B
Non Current Liabilities Total62.3B69.1B62.8B54.8B52.5B55.1B
Inventory9.0B9.3B10.4B10.3B11.2B11.7B
Other Current Assets2.5B3.1B3.7B8.7B4.5B3.5B
Other Stockholder Equity(38.4B)(38.5B)(39.1B)(41.7B)(75.7B)(71.9B)
Total Liab98.3B111.6B108.0B110.6B98.8B103.7B
Total Current Assets45.3B51.2B61.0B55.3B53.5B31.1B
Short Term Debt1.2B2.6B3.8B12.8B3.5B3.0B
Intangible Assets47.6B53.4B46.4B38.5B34.2B18.7B
Accounts Payable8.5B9.5B11.1B9.9B9.6B5.4B
Short Term Investments2.0B11.2B17.1B9.4B1.1B1.0B
Property Plant And Equipment Gross18.6B18.8B47.7B49.3B47.8B50.2B
Accumulated Other Comprehensive Income(15.9B)(15.2B)(13.1B)(13.0B)(12.5B)(11.9B)
Other Liab35.1B35.4B31.8B26.6B30.6B18.8B
Other Assets11.4B3.9B17.2B17.0B19.6B20.6B
Long Term Debt26.5B32.6B30.0B26.9B25.9B15.4B
Good Will33.6B36.4B35.2B36.0B36.6B21.5B
Treasury Stock(38.4B)(38.5B)(39.1B)(41.7B)(75.7B)(71.9B)
Property Plant Equipment17.7B18.8B19.0B19.8B22.8B15.8B
Current Deferred Revenue1.9B7.6B7.8B3.0B3.4B4.5B
Net Tangible Assets(21.8B)(26.5B)(13.1B)(16.8B)(15.1B)(14.3B)
Retained Earnings Total Equity110.7B113.9B123.1B128.3B147.6B110.0B

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When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Pharmaceuticals 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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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
(0.89)
Dividend Share
4.86
Earnings Share
6.06
Revenue Per Share
36.428
Quarterly Revenue Growth
0.052
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.