000821 Property Plant Equipment vs Total Assets 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 Property Plant Equipment and its Total Assets 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JS Corrugating Machinery Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JS Corrugating's Property Plant Equipment and Total Assets is 0.57. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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 Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of JS Corrugating Machinery are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., JS Corrugating's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Assets

Total assets refers to the total amount of JS Corrugating assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JS Corrugating Machinery books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.