JBCHEPHARM Common Stock vs Accounts Payable Analysis

JBCHEPHARM   1,735  10.35  0.60%   
JB Chemicals financial indicator trend analysis is infinitely more than just investigating JB Chemicals Pharmac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Chemicals Pharmac is a good investment. Please check the relationship between JB Chemicals Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Chemicals Pharmac Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between JB Chemicals' Common Stock and Accounts Payable is -0.84. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of JB Chemicals Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of JB Chemicals' Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of JB Chemicals Pharmaceuticals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., JB Chemicals' Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents JB Chemicals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JB Chemicals Pharmac are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from JB Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Chemicals Pharmac 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 JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The JB Chemicals' current Selling General Administrative is estimated to increase to about 600 M, while Tax Provision is projected to decrease to under 1.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit15.6B27.7B13.3B9.7B
Total Revenue24.2B31.5B34.5B36.2B

JB Chemicals fundamental ratios Correlations

0.77-0.010.910.990.590.710.970.970.20.98-0.220.050.740.66-0.010.610.970.18-0.370.940.74-0.760.560.94-0.31
0.77-0.220.770.690.210.940.690.670.220.82-0.11-0.090.530.42-0.160.840.65-0.09-0.440.920.46-0.520.250.87-0.32
-0.01-0.22-0.030.01-0.17-0.230.010.020.01-0.110.430.34-0.020.010.34-0.12-0.03-0.20.06-0.070.15-0.04-0.36-0.010.12
0.910.77-0.030.880.430.720.820.90.110.89-0.040.110.590.480.080.430.840.16-0.150.940.62-0.660.370.86-0.24
0.990.690.010.880.640.620.980.970.20.96-0.250.050.750.68-0.010.550.980.22-0.350.890.76-0.770.610.9-0.31
0.590.21-0.170.430.640.250.620.59-0.080.58-0.230.060.640.590.090.260.670.42-0.220.410.66-0.280.940.350.19
0.710.94-0.230.720.620.250.630.62-0.110.76-0.02-0.160.510.38-0.130.80.61-0.02-0.450.870.41-0.470.290.78-0.14
0.970.690.010.820.980.620.630.980.180.95-0.33-0.030.810.77-0.080.630.990.22-0.530.870.74-0.840.640.9-0.36
0.970.670.020.90.970.590.620.980.130.94-0.270.00.780.72-0.040.50.980.24-0.430.890.71-0.840.590.9-0.36
0.20.220.010.110.2-0.08-0.110.180.130.19-0.250.190.130.15-0.110.220.13-0.2-0.020.170.21-0.07-0.090.28-0.51
0.980.82-0.110.890.960.580.760.950.940.19-0.28-0.140.770.62-0.20.660.940.15-0.40.940.64-0.730.590.96-0.35
-0.22-0.110.43-0.04-0.25-0.23-0.02-0.33-0.27-0.25-0.280.39-0.4-0.340.47-0.2-0.29-0.010.4-0.11-0.030.36-0.43-0.220.52
0.05-0.090.340.110.050.06-0.16-0.030.00.19-0.140.39-0.250.030.95-0.14-0.02-0.140.280.020.440.12-0.16-0.150.21
0.740.53-0.020.590.750.640.510.810.780.130.77-0.4-0.250.79-0.290.60.820.29-0.60.670.7-0.550.710.72-0.2
0.660.420.010.480.680.590.380.770.720.150.62-0.340.030.79-0.010.540.770.48-0.710.570.77-0.580.610.58-0.14
-0.01-0.160.340.08-0.010.09-0.13-0.08-0.04-0.11-0.20.470.95-0.29-0.01-0.21-0.06-0.080.29-0.030.380.15-0.13-0.230.37
0.610.84-0.120.430.550.260.80.630.50.220.66-0.2-0.140.60.54-0.210.55-0.12-0.710.710.5-0.40.330.72-0.21
0.970.65-0.030.840.980.670.610.990.980.130.94-0.29-0.020.820.77-0.060.550.33-0.470.860.75-0.820.680.87-0.29
0.18-0.09-0.20.160.220.42-0.020.220.24-0.20.15-0.01-0.140.290.48-0.08-0.120.33-0.040.070.27-0.140.410.040.33
-0.37-0.440.06-0.15-0.35-0.22-0.45-0.53-0.43-0.02-0.40.40.28-0.6-0.710.29-0.71-0.47-0.04-0.39-0.310.57-0.39-0.440.25
0.940.92-0.070.940.890.410.870.870.890.170.94-0.110.020.670.57-0.030.710.860.07-0.390.64-0.690.40.95-0.29
0.740.460.150.620.760.660.410.740.710.210.64-0.030.440.70.770.380.50.750.27-0.310.64-0.360.550.590.01
-0.76-0.52-0.04-0.66-0.77-0.28-0.47-0.84-0.84-0.07-0.730.360.12-0.55-0.580.15-0.4-0.82-0.140.57-0.69-0.36-0.38-0.730.45
0.560.25-0.360.370.610.940.290.640.59-0.090.59-0.43-0.160.710.61-0.130.330.680.41-0.390.40.55-0.380.370.02
0.940.87-0.010.860.90.350.780.90.90.280.96-0.22-0.150.720.58-0.230.720.870.04-0.440.950.59-0.730.37-0.46
-0.31-0.320.12-0.24-0.310.19-0.14-0.36-0.36-0.51-0.350.520.21-0.2-0.140.37-0.21-0.290.330.25-0.290.010.450.02-0.46
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JB Chemicals Account Relationship Matchups

JB Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B22.4B26.1B35.5B39.9B41.9B
Short Long Term Debt Total382.2M449.9M545.6M5.7B3.8B4.0B
Other Current Liab911.3M1.1B1.1B236.5M1.4B1.0B
Total Current Liabilities3.1B3.5B3.8B5.5B8.7B9.1B
Total Stockholder Equity14.4B18.1B21.3B24.8B29.2B30.7B
Property Plant And Equipment Net5.8B5.7B5.7B5.8B6.3B4.5B
Net Debt92.1M163.0M(19.9M)5.0B2.9B3.0B
Retained Earnings12.3B15.8B18.4B22.8B25.1B26.4B
Accounts Payable1.7B1.9B2.2B2.4B3.6B3.7B
Cash290.1M286.9M565.4M769.3M882.2M531.0M
Non Current Assets Total7.4B6.9B13.3B20.3B21.4B22.5B
Cash And Short Term Investments3.6B6.9B566.5M2.9B4.6B3.3B
Net Receivables3.6B3.9B6.2B5.8B7.0B3.8B
Common Stock Shares Outstanding159.1M154.6M154.7M156.6M158.6M113.5M
Short Term Investments3.3B6.6B1.1M2.2B3.7B2.8B
Liabilities And Stockholders Equity18.1B22.4B26.1B35.5B39.9B41.9B
Non Current Liabilities Total627.2M794.1M850.7M5.2B2.0B1.3B
Inventory2.7B3.5B4.1B4.3B5.0B5.3B
Other Current Assets4.4B5.1B8.1B2.3B1.9B2.6B
Other Stockholder Equity507.7M2.1B2.8B(807.1M)2.7B3.4B
Total Liab3.8B4.2B4.7B10.7B10.7B11.2B
Total Current Assets10.7B15.5B12.7B15.3B18.5B10.3B
Accumulated Other Comprehensive Income(5.2B)1.6B2.2B2.7B1.3B1.3B
Common Stock167.1M160.5M154.6M154.8M155.2M131.5M
Intangible Assets300.9M321.1M6.7B13.2B13.9B14.6B
Current Deferred Revenue1.5B1.1B1.2B1.2B129.9M123.4M
Short Term Debt344.5M398.5M339.4M1.7B3.4B3.6B
Other Liab648.4M680.7M742.7M644.6M741.2M536.5M
Net Tangible Assets14.0B13.5B17.2B14.1B16.2B14.2B
Other Assets105.3M133.8M241.6M123.8M142.4M130.7M
Short Long Term Debt320.4M326.4M263.2M1.7B3.3B3.5B
Property Plant Equipment5.8B5.7B5.7B5.8B6.6B5.8B
Long Term Debt Total12.3M51.4M206.2M4.0B4.6B4.8B
Non Current Liabilities Other59.7M49.3M31.7M25M17M28.0M
Net Invested Capital14.7B18.4B21.6B30.3B32.8B23.2B
Cash And Equivalents290.1M33.9M18.2M269.1M309.5M325.0M

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Other Information on Investing in JBCHEPHARM Stock

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