Joint Net Income Per Share vs Days Sales Outstanding 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 Net Income Per Share and its Days Sales Outstanding 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.

Net Income Per Share vs Days Sales Outstanding

Net Income Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joint Corp Net Income Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Joint Corp's Net Income Per Share and Days Sales Outstanding is -0.31. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Days Sales Outstanding 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 Net Income Per Share and Days Sales Outstanding 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 Income Per Share of The Joint Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Net Income Per Share i.e., Joint Corp's Net Income Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income Per Share

Days Sales Outstanding

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 Profit72.7M92.1M107.1M112.5M
Total Revenue81.2M101.9M117.7M123.6M

Joint Corp fundamental ratios Correlations

0.740.830.920.870.960.720.51-0.20.810.680.960.950.560.680.950.730.67-0.050.950.130.540.70.970.910.7
0.740.970.630.70.640.350.29-0.270.470.570.630.720.130.570.70.60.610.020.660.330.90.550.750.870.94
0.830.970.70.780.770.510.45-0.30.620.540.760.820.210.540.810.660.680.00.780.340.890.620.850.960.91
0.920.630.70.660.850.620.26-0.10.870.780.870.790.540.780.820.720.470.260.78-0.060.430.680.80.790.67
0.870.70.780.660.820.580.54-0.340.610.50.820.920.430.50.890.670.71-0.40.90.120.560.640.930.810.62
0.960.640.770.850.820.860.7-0.230.810.510.990.930.630.510.950.690.74-0.110.950.20.430.670.950.910.55
0.720.350.510.620.580.860.77-0.080.630.270.870.760.80.270.70.390.61-0.250.810.230.10.420.730.690.23
0.510.290.450.260.540.70.77-0.180.33-0.240.680.590.44-0.240.590.240.69-0.470.630.540.220.270.620.60.05
-0.2-0.27-0.3-0.1-0.34-0.23-0.08-0.18-0.41-0.06-0.21-0.170.04-0.06-0.4-0.76-0.71-0.19-0.190.16-0.2-0.79-0.25-0.27-0.2
0.810.470.620.870.610.810.630.33-0.410.60.820.70.460.60.810.840.590.330.72-0.160.330.840.710.730.52
0.680.570.540.780.50.510.27-0.24-0.060.60.510.580.391.00.550.570.170.260.57-0.340.350.520.570.510.73
0.960.630.760.870.820.990.870.68-0.210.820.510.940.660.510.940.680.72-0.110.950.180.420.670.940.90.55
0.950.720.820.790.920.930.760.59-0.170.70.580.940.570.580.920.610.68-0.280.970.20.530.590.980.890.65
0.560.130.210.540.430.630.80.440.040.460.390.660.570.390.440.270.4-0.270.62-0.03-0.190.310.530.370.05
0.680.570.540.780.50.510.27-0.24-0.060.61.00.510.580.390.550.570.170.260.57-0.340.350.520.570.510.73
0.950.70.810.820.890.950.70.59-0.40.810.550.940.920.440.550.810.76-0.080.940.050.530.780.950.90.63
0.730.60.660.720.670.690.390.24-0.760.840.570.680.610.270.570.810.770.320.62-0.170.440.990.690.680.59
0.670.610.680.470.710.740.610.69-0.710.590.170.720.680.40.170.760.77-0.140.670.320.410.790.740.720.4
-0.050.020.00.26-0.4-0.11-0.25-0.47-0.190.330.26-0.11-0.28-0.270.26-0.080.32-0.14-0.28-0.30.050.31-0.23-0.030.18
0.950.660.780.780.90.950.810.63-0.190.720.570.950.970.620.570.940.620.67-0.280.120.460.60.970.880.6
0.130.330.34-0.060.120.20.230.540.16-0.16-0.340.180.2-0.03-0.340.05-0.170.32-0.30.120.37-0.180.220.310.13
0.540.90.890.430.560.430.10.22-0.20.330.350.420.53-0.190.350.530.440.410.050.460.370.380.570.750.89
0.70.550.620.680.640.670.420.27-0.790.840.520.670.590.310.520.780.990.790.310.6-0.180.380.650.650.52
0.970.750.850.80.930.950.730.62-0.250.710.570.940.980.530.570.950.690.74-0.230.970.220.570.650.910.67
0.910.870.960.790.810.910.690.6-0.270.730.510.90.890.370.510.90.680.72-0.030.880.310.750.650.910.8
0.70.940.910.670.620.550.230.05-0.20.520.730.550.650.050.730.630.590.40.180.60.130.890.520.670.8
Click cells to compare fundamentals

Joint Corp Account Relationship Matchups

Joint Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.7M65.7M84.0M91.9M87.2M46.8M
Other Current Liab3.8M11.2M15.1M6.7M21.9M23.0M
Total Current Liabilities13.6M18.7M22.8M23.1M33.6M35.3M
Total Stockholder Equity5.7M20.8M29.5M32.4M24.7M14.8M
Other Liab12.5M13.5M15.5M16.9M19.5M11.4M
Property Plant And Equipment Net19.1M20.3M31.6M38.1M23.5M14.1M
Current Deferred Revenue5.9M6.9M8.6M10.4M2.5M4.9M
Net Debt5.8M(2.1M)2.9M16.3M(1.4M)(1.5M)
Retained Earnings(33.6M)(20.5M)(13.6M)(12.3M)(21.9M)(23.0M)
Accounts Payable1.5M1.6M1.7M3.0M1.6M1.5M
Cash8.5M20.6M19.5M9.7M18.2M12.6M
Non Current Assets Total30.4M40.6M57.5M74.3M42.8M28.3M
Non Currrent Assets Other4.0M4.8M6.1M6.5M6.0M4.0M
Other Assets4.0M24.4M15.3M18.4M(1.0M)(995.1K)
Cash And Short Term Investments8.5M20.6M19.5M9.7M18.2M12.6M
Net Receivables2.8M2.1M3.7M3.9M3.7M2.1M
Common Stock Total Equity13.9K14.2K14.5K14.6K16.7K13.2K
Common Stock Shares Outstanding14.5M14.6M14.9M14.9M14.7M13.5M
Liabilities And Stockholders Equity43.7M65.7M84.0M91.9M87.2M46.8M
Non Current Liabilities Total24.4M26.3M31.7M36.4M28.8M18.7M
Inventory951.4K1.2M1.4M1.9M2.1M2.2M
Other Current Assets1.1M2.7M3.7M6.1M22.5M23.6M
Other Stockholder Equity39.3M41.2M43.0M44.7M46.6M36.3M
Total Liab38.0M45.0M54.5M59.5M62.4M32.0M
Property Plant And Equipment Gross19.1M20.3M31.6M38.1M35.5M37.2M
Total Current Assets13.3M25.1M26.6M17.6M44.3M46.6M
Short Term Debt2.3M5.7M4.7M10.6M7.6M7.9M
Common Stock13.9K14.2K14.5K14.6K14.8K13.4K
Property Plant Equipment19.1M8.7M31.6M38.1M43.8M46.0M
Treasury Stock(90.9K)(111.0K)(143.1K)(850.8K)(978.5K)(1.0M)
Net Tangible Assets5.7M20.8M19.0M32.4M37.2M39.1M
Good Will4.2M4.6M5.1M8.5M7.4M4.6M
Retained Earnings Total Equity(33.6M)(20.5M)(13.5M)(12.3M)(11.1M)(11.7M)
Capital Surpluse39.5M41.4M43.9M45.6M52.4M41.4M
Deferred Long Term Liab89.9K4.3M5.5M5.7M6.6M4.4M
Non Current Liabilities Other24.3M24.3M27.2K34.4M1.2M1.2M

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