000821 Other Current Liab vs Inventory 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 Other Current Liab and its Inventory 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.

Other Current Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JS Corrugating Machinery Other Current Liab account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JS Corrugating's Other Current Liab and Inventory is 0.44. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory 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 Other Current Liab and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of JS Corrugating Machinery are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., JS Corrugating's Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Inventory

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
Click cells to compare fundamentals

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.