Joint Capex To Revenue vs Income Quality Analysis

JYNT Stock

USD 11.64 0.14 1.22%

Joint Corp financial indicator trend analysis is infinitely more than just investigating Joint Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joint Corp is a good investment. Please check the relationship between Joint Corp Capex To Revenue and its Income Quality accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Joint Corp. 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.

Capex To Revenue vs Income Quality

Capex To Revenue vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joint Corp Capex To Revenue account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Joint Corp's Capex To Revenue and Income Quality is -0.04. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Income Quality in the same time period over historical financial statements of The Joint Corp, assuming nothing else is changed. The correlation between historical values of Joint Corp's Capex To Revenue and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of The Joint Corp are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Revenue i.e., Joint Corp's Capex To Revenue and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Joint Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joint Corp 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 The Joint Corp. 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.

Selling General Administrative is likely to gain to about 85.5 M in 2024. Tax Provision is likely to gain to about 1.9 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	72.7M	92.1M	107.1M	112.5M
Total Revenue	81.2M	101.9M	117.7M	123.6M

Gross Profit Total Revenue

Joint Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.74	0.83	0.92	0.87	0.96	0.72	0.51	-0.2	0.81	0.68	0.96	0.95	0.56	0.68	0.95	0.73	0.67	-0.05	0.95	0.13	0.54	0.7	0.97	0.91	0.7
Other Current Liab	0.74		0.97	0.63	0.7	0.64	0.35	0.29	-0.27	0.47	0.57	0.63	0.72	0.13	0.57	0.7	0.6	0.61	0.02	0.66	0.33	0.9	0.55	0.75	0.87	0.94
Total Current Liabilities	0.83	0.97		0.7	0.78	0.77	0.51	0.45	-0.3	0.62	0.54	0.76	0.82	0.21	0.54	0.81	0.66	0.68	0.0	0.78	0.34	0.89	0.62	0.85	0.96	0.91
Total Stockholder Equity	0.92	0.63	0.7		0.66	0.85	0.62	0.26	-0.1	0.87	0.78	0.87	0.79	0.54	0.78	0.82	0.72	0.47	0.26	0.78	-0.06	0.43	0.68	0.8	0.79	0.67
Other Liab	0.87	0.7	0.78	0.66		0.82	0.58	0.54	-0.34	0.61	0.5	0.82	0.92	0.43	0.5	0.89	0.67	0.71	-0.4	0.9	0.12	0.56	0.64	0.93	0.81	0.62
Property Plant And Equipment Net	0.96	0.64	0.77	0.85	0.82		0.86	0.7	-0.23	0.81	0.51	0.99	0.93	0.63	0.51	0.95	0.69	0.74	-0.11	0.95	0.2	0.43	0.67	0.95	0.91	0.55
Current Deferred Revenue	0.72	0.35	0.51	0.62	0.58	0.86		0.77	-0.08	0.63	0.27	0.87	0.76	0.8	0.27	0.7	0.39	0.61	-0.25	0.81	0.23	0.1	0.42	0.73	0.69	0.23
Net Debt	0.51	0.29	0.45	0.26	0.54	0.7	0.77		-0.18	0.33	-0.24	0.68	0.59	0.44	-0.24	0.59	0.24	0.69	-0.47	0.63	0.54	0.22	0.27	0.62	0.6	0.05
Retained Earnings	-0.2	-0.27	-0.3	-0.1	-0.34	-0.23	-0.08	-0.18		-0.41	-0.06	-0.21	-0.17	0.04	-0.06	-0.4	-0.76	-0.71	-0.19	-0.19	0.16	-0.2	-0.79	-0.25	-0.27	-0.2
Accounts Payable	0.81	0.47	0.62	0.87	0.61	0.81	0.63	0.33	-0.41		0.6	0.82	0.7	0.46	0.6	0.81	0.84	0.59	0.33	0.72	-0.16	0.33	0.84	0.71	0.73	0.52
Cash	0.68	0.57	0.54	0.78	0.5	0.51	0.27	-0.24	-0.06	0.6		0.51	0.58	0.39	1.0	0.55	0.57	0.17	0.26	0.57	-0.34	0.35	0.52	0.57	0.51	0.73
Non Current Assets Total	0.96	0.63	0.76	0.87	0.82	0.99	0.87	0.68	-0.21	0.82	0.51		0.94	0.66	0.51	0.94	0.68	0.72	-0.11	0.95	0.18	0.42	0.67	0.94	0.9	0.55
Non Currrent Assets Other	0.95	0.72	0.82	0.79	0.92	0.93	0.76	0.59	-0.17	0.7	0.58	0.94		0.57	0.58	0.92	0.61	0.68	-0.28	0.97	0.2	0.53	0.59	0.98	0.89	0.65
Other Assets	0.56	0.13	0.21	0.54	0.43	0.63	0.8	0.44	0.04	0.46	0.39	0.66	0.57		0.39	0.44	0.27	0.4	-0.27	0.62	-0.03	-0.19	0.31	0.53	0.37	0.05
Cash And Short Term Investments	0.68	0.57	0.54	0.78	0.5	0.51	0.27	-0.24	-0.06	0.6	1.0	0.51	0.58	0.39		0.55	0.57	0.17	0.26	0.57	-0.34	0.35	0.52	0.57	0.51	0.73
Net Receivables	0.95	0.7	0.81	0.82	0.89	0.95	0.7	0.59	-0.4	0.81	0.55	0.94	0.92	0.44	0.55		0.81	0.76	-0.08	0.94	0.05	0.53	0.78	0.95	0.9	0.63
Common Stock Total Equity	0.73	0.6	0.66	0.72	0.67	0.69	0.39	0.24	-0.76	0.84	0.57	0.68	0.61	0.27	0.57	0.81		0.77	0.32	0.62	-0.17	0.44	0.99	0.69	0.68	0.59
Common Stock Shares Outstanding	0.67	0.61	0.68	0.47	0.71	0.74	0.61	0.69	-0.71	0.59	0.17	0.72	0.68	0.4	0.17	0.76	0.77		-0.14	0.67	0.32	0.41	0.79	0.74	0.72	0.4
Short Term Investments	-0.05	0.02	0.0	0.26	-0.4	-0.11	-0.25	-0.47	-0.19	0.33	0.26	-0.11	-0.28	-0.27	0.26	-0.08	0.32	-0.14		-0.28	-0.3	0.05	0.31	-0.23	-0.03	0.18
Non Current Liabilities Total	0.95	0.66	0.78	0.78	0.9	0.95	0.81	0.63	-0.19	0.72	0.57	0.95	0.97	0.62	0.57	0.94	0.62	0.67	-0.28		0.12	0.46	0.6	0.97	0.88	0.6
Inventory	0.13	0.33	0.34	-0.06	0.12	0.2	0.23	0.54	0.16	-0.16	-0.34	0.18	0.2	-0.03	-0.34	0.05	-0.17	0.32	-0.3	0.12		0.37	-0.18	0.22	0.31	0.13
Other Current Assets	0.54	0.9	0.89	0.43	0.56	0.43	0.1	0.22	-0.2	0.33	0.35	0.42	0.53	-0.19	0.35	0.53	0.44	0.41	0.05	0.46	0.37		0.38	0.57	0.75	0.89
Other Stockholder Equity	0.7	0.55	0.62	0.68	0.64	0.67	0.42	0.27	-0.79	0.84	0.52	0.67	0.59	0.31	0.52	0.78	0.99	0.79	0.31	0.6	-0.18	0.38		0.65	0.65	0.52
Total Liab	0.97	0.75	0.85	0.8	0.93	0.95	0.73	0.62	-0.25	0.71	0.57	0.94	0.98	0.53	0.57	0.95	0.69	0.74	-0.23	0.97	0.22	0.57	0.65		0.91	0.67
Property Plant And Equipment Gross	0.91	0.87	0.96	0.79	0.81	0.91	0.69	0.6	-0.27	0.73	0.51	0.9	0.89	0.37	0.51	0.9	0.68	0.72	-0.03	0.88	0.31	0.75	0.65	0.91		0.8
Total Current Assets	0.7	0.94	0.91	0.67	0.62	0.55	0.23	0.05	-0.2	0.52	0.73	0.55	0.65	0.05	0.73	0.63	0.59	0.4	0.18	0.6	0.13	0.89	0.52	0.67	0.8

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Joint Corp Account Relationship Matchups

Joint Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.7M	65.7M	84.0M	91.9M	87.2M	46.8M
Other Current Liab	3.8M	11.2M	15.1M	6.7M	21.9M	23.0M
Total Current Liabilities	13.6M	18.7M	22.8M	23.1M	33.6M	35.3M
Total Stockholder Equity	5.7M	20.8M	29.5M	32.4M	24.7M	14.8M
Other Liab	12.5M	13.5M	15.5M	16.9M	19.5M	11.4M
Property Plant And Equipment Net	19.1M	20.3M	31.6M	38.1M	23.5M	14.1M
Current Deferred Revenue	5.9M	6.9M	8.6M	10.4M	2.5M	4.9M
Net Debt	5.8M	(2.1M)	2.9M	16.3M	(1.4M)	(1.5M)
Retained Earnings	(33.6M)	(20.5M)	(13.6M)	(12.3M)	(21.9M)	(23.0M)
Accounts Payable	1.5M	1.6M	1.7M	3.0M	1.6M	1.5M
Cash	8.5M	20.6M	19.5M	9.7M	18.2M	12.6M
Non Current Assets Total	30.4M	40.6M	57.5M	74.3M	42.8M	28.3M
Non Currrent Assets Other	4.0M	4.8M	6.1M	6.5M	6.0M	4.0M
Other Assets	4.0M	24.4M	15.3M	18.4M	(1.0M)	(995.1K)
Cash And Short Term Investments	8.5M	20.6M	19.5M	9.7M	18.2M	12.6M
Net Receivables	2.8M	2.1M	3.7M	3.9M	3.7M	2.1M
Common Stock Total Equity	13.9K	14.2K	14.5K	14.6K	16.7K	13.2K
Common Stock Shares Outstanding	14.5M	14.6M	14.9M	14.9M	14.7M	13.5M
Liabilities And Stockholders Equity	43.7M	65.7M	84.0M	91.9M	87.2M	46.8M
Non Current Liabilities Total	24.4M	26.3M	31.7M	36.4M	28.8M	18.7M
Inventory	951.4K	1.2M	1.4M	1.9M	2.1M	2.2M
Other Current Assets	1.1M	2.7M	3.7M	6.1M	22.5M	23.6M
Other Stockholder Equity	39.3M	41.2M	43.0M	44.7M	46.6M	36.3M
Total Liab	38.0M	45.0M	54.5M	59.5M	62.4M	32.0M
Property Plant And Equipment Gross	19.1M	20.3M	31.6M	38.1M	35.5M	37.2M
Total Current Assets	13.3M	25.1M	26.6M	17.6M	44.3M	46.6M
Short Term Debt	2.3M	5.7M	4.7M	10.6M	7.6M	7.9M
Common Stock	13.9K	14.2K	14.5K	14.6K	14.8K	13.4K
Property Plant Equipment	19.1M	8.7M	31.6M	38.1M	43.8M	46.0M
Treasury Stock	(90.9K)	(111.0K)	(143.1K)	(850.8K)	(978.5K)	(1.0M)
Net Tangible Assets	5.7M	20.8M	19.0M	32.4M	37.2M	39.1M
Good Will	4.2M	4.6M	5.1M	8.5M	7.4M	4.6M
Retained Earnings Total Equity	(33.6M)	(20.5M)	(13.5M)	(12.3M)	(11.1M)	(11.7M)
Capital Surpluse	39.5M	41.4M	43.9M	45.6M	52.4M	41.4M
Deferred Long Term Liab	89.9K	4.3M	5.5M	5.7M	6.6M	4.4M
Non Current Liabilities Other	24.3M	24.3M	27.2K	34.4M	1.2M	1.2M

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