000821 Net Receivables vs Long Term Debt Analysis

000821 Stock   14.06  0.08  0.57%   
JS Corrugating financial indicator trend analysis is infinitely more than just investigating JS Corrugating Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JS Corrugating Machinery is a good investment. Please check the relationship between JS Corrugating Net Receivables and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JS Corrugating Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JS Corrugating Machinery Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between JS Corrugating's Net Receivables and Long Term Debt is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of JS Corrugating Machinery, assuming nothing else is changed. The correlation between historical values of JS Corrugating's Net Receivables 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 Net Receivables of JS Corrugating Machinery 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 Net Receivables i.e., JS Corrugating's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Long Term Debt

Long-term debt is a debt that JS Corrugating Machinery has held for over one year. Long-term debt appears on JS Corrugating Machinery 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 JS Corrugating Machinery 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 JS Corrugating's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JS Corrugating Machinery 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in JS Corrugating Machinery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 1, 2024, Selling General Administrative is expected to decline to about 125.9 M. In addition to that, Tax Provision is expected to decline to about 25.3 M
 2021 2022 2023 2024 (projected)
Operating Income271.5M401.2M538.1M565.0M
Total Revenue4.1B4.9B7.2B7.6B

JS Corrugating fundamental ratios Correlations

0.50.990.930.810.990.990.340.840.960.00.990.361.00.850.680.57-0.030.830.39-0.220.950.780.660.990.66
0.50.460.630.30.470.480.290.490.58-0.240.440.940.460.780.710.35-0.170.750.32-0.230.490.610.460.470.71
0.990.460.880.771.00.990.310.810.940.041.00.31.00.80.620.58-0.070.810.32-0.280.950.730.611.00.6
0.930.630.880.860.890.910.390.850.97-0.110.870.570.890.940.830.430.060.840.61-0.020.870.890.760.880.82
0.810.30.770.860.780.810.320.870.79-0.170.760.260.780.750.650.480.150.680.550.080.820.730.540.770.56
0.990.471.00.890.780.990.320.820.940.041.00.311.00.80.620.6-0.080.820.32-0.290.960.730.61.00.6
0.990.480.990.910.810.990.320.810.960.00.980.340.990.840.660.6-0.030.840.34-0.290.930.750.60.990.62
0.340.290.310.390.320.320.320.270.340.350.310.150.310.320.510.450.060.470.12-0.090.320.370.30.310.38
0.840.490.810.850.870.820.810.270.79-0.190.80.440.820.760.630.5-0.050.740.540.050.880.790.670.810.69
0.960.580.940.970.790.940.960.340.79-0.030.930.490.940.90.760.45-0.060.850.51-0.140.890.870.740.940.77
0.0-0.240.04-0.11-0.170.040.00.35-0.19-0.030.06-0.350.03-0.26-0.140.09-0.260.01-0.020.050.02-0.15-0.060.05-0.12
0.990.441.00.870.761.00.980.310.80.930.060.281.00.780.590.6-0.080.80.3-0.290.950.710.61.00.58
0.360.940.30.570.260.310.340.150.440.49-0.350.280.310.730.630.09-0.20.580.480.00.330.580.440.320.7
1.00.461.00.890.781.00.990.310.820.940.031.00.310.80.620.59-0.060.810.33-0.280.950.740.621.00.61
0.850.780.80.940.750.80.840.320.760.9-0.260.780.730.80.850.420.070.850.5-0.150.770.840.670.80.81
0.680.710.620.830.650.620.660.510.630.76-0.140.590.630.620.850.470.170.860.48-0.020.60.90.740.620.9
0.570.350.580.430.480.60.60.450.50.450.090.60.090.590.420.470.030.74-0.09-0.40.660.320.220.580.29
-0.03-0.17-0.070.060.15-0.08-0.030.06-0.05-0.06-0.26-0.08-0.2-0.060.070.170.03-0.14-0.090.02-0.1-0.030.05-0.090.04
0.830.750.810.840.680.820.840.470.740.850.010.80.580.810.850.860.74-0.140.34-0.260.820.810.620.820.77
0.390.320.320.610.550.320.340.120.540.51-0.020.30.480.330.50.48-0.09-0.090.340.750.390.60.610.330.64
-0.22-0.23-0.28-0.020.08-0.29-0.29-0.090.05-0.140.05-0.290.0-0.28-0.15-0.02-0.40.02-0.260.75-0.170.070.23-0.280.16
0.950.490.950.870.820.960.930.320.880.890.020.950.330.950.770.60.66-0.10.820.39-0.170.70.630.950.59
0.780.610.730.890.730.730.750.370.790.87-0.150.710.580.740.840.90.32-0.030.810.60.070.70.870.730.93
0.660.460.610.760.540.60.60.30.670.74-0.060.60.440.620.670.740.220.050.620.610.230.630.870.610.9
0.990.471.00.880.771.00.990.310.810.940.051.00.321.00.80.620.58-0.090.820.33-0.280.950.730.610.61
0.660.710.60.820.560.60.620.380.690.77-0.120.580.70.610.810.90.290.040.770.640.160.590.930.90.61
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JS Corrugating Account Relationship Matchups

JS Corrugating fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B6.3B7.8B10.0B16.1B16.9B
Other Current Liab646.3M1.3B1.8B2.1B801.3M472.5M
Total Current Liabilities2.5B3.5B4.7B6.2B11.9B12.5B
Total Stockholder Equity2.3B2.3B2.9B3.3B3.6B3.8B
Retained Earnings195.5M213.1M359.0M660.9M797.0M836.8M
Accounts Payable1.2B1.8B2.5B3.7B6.5B6.9B
Cash652.2M665.1M1.5B1.6B2.7B2.9B
Other Assets85.8M92.9M93.3M109.5M125.9M75.2M
Long Term Debt114.6M234.1M121.0M373.8M360.1M378.1M
Net Receivables1.3B986.4M1.7B1.5B2.3B2.4B
Short Term Investments66.0M20.7M59.3M20.7M100.8M53.6M
Inventory1.3B2.0B2.5B3.7B7.1B7.5B
Other Current Assets165.7M287.0M358.2M368.6M93.0M116.1M
Total Liab2.6B3.8B4.9B6.6B12.3B12.9B
Intangible Assets98.6M125.9M196.5M196.2M174.5M183.2M
Property Plant Equipment413.5M383.5M519.9M889.2M1.0B558.0M
Other Liab37.8M37.8M32.7M30.2M34.8M52.1M
Net Tangible Assets1.4B1.5B2.1B2.4B2.8B1.7B
Good Will542.9M1.3B714.4M688.2M652.4M758.2M
Other Stockholder Equity3.0M682.1K(14.4M)(11.3M)(10.1M)(9.6M)
Deferred Long Term Liab4.8M3.8M3.6M17.7M20.3M21.3M
Short Long Term Debt428.4M300.7M195.5M279.5M377.0M292.5M
Total Current Assets3.5B4.7B6.1B7.9B13.8B14.4B
Non Current Assets Total1.6B1.5B1.7B2.1B2.3B1.9B
Non Currrent Assets Other1.4B2.2B1.6B(132.6K)(119.4K)(113.4K)
Non Current Liabilities Total140.8M271.8M177.7M409.4M409.3M315.1M
Net Invested Capital2.8B2.9B3.3B4.0B4.4B3.6B
Net Working Capital975.9M1.2B1.5B1.7B1.9B1.4B

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Other Information on Investing in 000821 Stock

Balance Sheet is a snapshot of the financial position of JS Corrugating Machinery at a specified time, usually calculated after every quarter, six months, or one year. JS Corrugating Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JS Corrugating and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 000821 currently owns. An asset can also be divided into two categories, current and non-current.