Jason Change To Inventory vs Net Borrowings Analysis

603816 Stock   28.14  0.79  2.89%   
Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Change To Inventory and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. 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.

Change To Inventory vs Net Borrowings

Change To Inventory vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jason Furniture Change To Inventory account and Net Borrowings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jason Furniture's Change To Inventory and Net Borrowings is 0.23. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Change To Inventory and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Jason Furniture are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Inventory i.e., Jason Furniture's Change To Inventory and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture 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 Jason Furniture. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 1.6 B. In addition to that, Tax Provision is expected to decline to about 346.1 M
 2021 2022 2023 2024 (projected)
Operating Income1.9B1.9B2.3B1.2B
Total Revenue18.3B18.0B19.2B20.2B

Jason Furniture fundamental ratios Correlations

0.480.990.910.870.980.960.880.96-0.210.270.970.950.990.920.970.850.860.020.97-0.330.930.970.460.570.62
0.480.50.280.180.420.320.260.630.060.520.570.340.540.340.450.170.570.320.40.280.590.37-0.060.44-0.3
0.990.50.910.870.990.960.890.96-0.270.240.990.960.980.910.970.870.85-0.070.97-0.390.90.960.450.50.63
0.910.280.910.990.90.890.980.85-0.270.210.880.880.890.970.890.970.76-0.060.93-0.480.880.940.690.490.81
0.870.180.870.990.860.860.980.81-0.30.080.840.850.850.960.850.990.72-0.180.89-0.540.810.930.750.460.88
0.980.420.990.90.860.980.880.92-0.240.230.950.970.970.90.950.860.83-0.040.96-0.390.880.940.390.510.66
0.960.320.960.890.860.980.870.88-0.280.220.910.950.940.890.940.850.83-0.070.94-0.380.860.930.40.490.71
0.880.260.890.980.980.880.870.83-0.380.130.890.870.860.950.880.990.74-0.250.91-0.560.840.940.750.410.84
0.960.630.960.850.810.920.880.83-0.190.280.960.870.980.90.920.80.850.050.9-0.250.90.930.410.650.49
-0.210.06-0.27-0.27-0.3-0.24-0.28-0.38-0.190.2-0.28-0.2-0.2-0.23-0.28-0.35-0.180.54-0.280.45-0.17-0.31-0.370.12-0.41
0.270.520.240.210.080.230.220.130.280.20.280.210.230.130.30.070.270.540.320.20.430.1-0.010.08-0.18
0.970.570.990.880.840.950.910.890.96-0.280.280.920.960.880.940.860.82-0.10.96-0.420.890.930.460.450.57
0.950.340.960.880.850.970.950.870.87-0.20.210.920.940.880.920.850.8-0.110.92-0.410.860.920.430.450.69
0.990.540.980.890.850.970.940.860.98-0.20.230.960.940.930.940.830.880.020.93-0.270.930.960.420.650.58
0.920.340.910.970.960.90.890.950.9-0.230.130.880.880.930.880.930.83-0.070.88-0.360.90.970.650.660.76
0.970.450.970.890.850.950.940.880.92-0.280.30.940.920.940.880.830.9-0.060.97-0.30.920.940.530.450.63
0.850.170.870.970.990.860.850.990.8-0.350.070.860.850.830.930.830.67-0.280.88-0.640.760.910.730.370.88
0.860.570.850.760.720.830.830.740.85-0.180.270.820.80.880.830.90.670.00.790.060.930.860.430.640.43
0.020.32-0.07-0.06-0.18-0.04-0.07-0.250.050.540.54-0.1-0.110.02-0.07-0.06-0.280.0-0.010.560.15-0.14-0.330.38-0.42
0.970.40.970.930.890.960.940.910.9-0.280.320.960.920.930.880.970.880.79-0.01-0.460.890.930.540.390.68
-0.330.28-0.39-0.48-0.54-0.39-0.38-0.56-0.250.450.2-0.42-0.41-0.27-0.36-0.3-0.640.060.56-0.46-0.08-0.38-0.420.3-0.7
0.930.590.90.880.810.880.860.840.9-0.170.430.890.860.930.90.920.760.930.150.89-0.080.910.540.650.5
0.970.370.960.940.930.940.930.940.93-0.310.10.930.920.960.970.940.910.86-0.140.93-0.380.910.610.60.73
0.46-0.060.450.690.750.390.40.750.41-0.37-0.010.460.430.420.650.530.730.43-0.330.54-0.420.540.610.170.72
0.570.440.50.490.460.510.490.410.650.120.080.450.450.650.660.450.370.640.380.390.30.650.60.170.19
0.62-0.30.630.810.880.660.710.840.49-0.41-0.180.570.690.580.760.630.880.43-0.420.68-0.70.50.730.720.19
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Jason Furniture Account Relationship Matchups

Jason Furniture fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3B13.0B15.9B16.1B16.8B8.9B
Other Current Liab2.2B3.3B3.5B139.4M136.0M129.2M
Total Current Liabilities4.5B5.4B7.0B6.6B6.5B3.6B
Total Stockholder Equity5.9B6.7B8.0B8.9B9.6B10.1B
Retained Earnings2.9B3.1B4.2B4.6B5.7B6.0B
Accounts Payable1.3B1.3B1.7B2.0B1.6B1.0B
Cash3.0B2.2B3.2B4.4B3.6B1.9B
Other Assets189.3M264.0M437.6M517.2M594.8M624.5M
Net Receivables1.2B1.1B1.7B1.0B1.4B775.4M
Short Term Investments492.9M764.9M532.3M98.4M113.1M107.5M
Inventory1.3B1.9B2.4B1.9B2.0B1.2B
Other Current Assets208.2M262.0M274.0M384.3M299.3M184.4M
Total Liab6.0B5.9B7.5B7.0B7.0B4.0B
Intangible Assets754.8M733.2M832.3M875.8M977.0M1.0B
Common Stock430.2M601.8M632.4M632.3M727.1M478.7M
Property Plant Equipment1.8B2.3B3.1B4.9B5.7B6.0B
Other Liab49.5M150.3M129.0M85.3M98.1M53.6M
Net Tangible Assets3.2B4.3B5.7B6.8B7.9B4.4B
Other Stockholder Equity222.6M635.3M184.5M(528.5M)(475.6M)(451.9M)
Deferred Long Term Liab107.2M146.0M184.3M123.1M141.6M107.5M
Non Current Assets Total6.1B6.7B7.5B7.7B9.2B6.4B
Non Currrent Assets Other11.2M450.9M68.0M29.7M716.3M752.1M
Non Current Liabilities Total1.5B529.4M528.2M412.8M512.0M736.3M
Short Long Term Debt287.0M233.1M468.5M1.5B1.5B1.6B
Total Current Assets6.1B6.4B8.4B8.4B7.5B6.8B
Common Stock Shares Outstanding601.8M632.4M632.3M821.9M945.2M740.5M
Net Invested Capital7.5B7.4B8.5B10.4B11.1B8.7B
Net Working Capital1.6B954.8M1.4B1.7B1.1B1.1B
Capital Stock601.8M632.4M632.3M821.9M945.2M722.4M
Non Current Liabilities Other1.3B401.3K1.3M2.9M1.8M1.7M

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Other Information on Investing in Jason Stock

Balance Sheet is a snapshot of the financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture 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 Jason currently owns. An asset can also be divided into two categories, current and non-current.