JBCHEPHARM Retained Earnings vs Good Will Analysis

JBCHEPHARM   1,750  2.80  0.16%   
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 Retained Earnings and its Good Will 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Chemicals Pharmac Retained Earnings account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between JB Chemicals' Retained Earnings and Good Will is 0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will 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' Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of JB Chemicals Pharmaceuticals are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., JB Chemicals' Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Profit15.6B27.7B15.3B9.8B
Total Revenue24.2B31.5B34.5B36.2B

JB Chemicals fundamental ratios Correlations

0.77-0.010.910.990.590.710.970.970.20.98-0.220.050.740.66-0.010.610.970.74-0.570.940.74-0.760.560.94-0.31
0.77-0.220.770.690.210.940.70.670.220.82-0.11-0.090.530.42-0.160.840.650.4-0.590.920.46-0.520.250.87-0.32
-0.01-0.22-0.030.01-0.17-0.230.010.020.01-0.110.430.34-0.020.010.34-0.12-0.03-0.050.02-0.070.15-0.04-0.36-0.010.12
0.910.77-0.030.880.430.720.830.90.110.89-0.040.110.580.480.080.430.840.81-0.40.940.62-0.660.370.86-0.24
0.990.690.010.880.640.620.980.970.20.96-0.250.050.750.68-0.010.550.980.75-0.550.890.76-0.770.610.9-0.31
0.590.21-0.170.430.640.250.60.59-0.080.58-0.230.060.640.590.090.260.670.46-0.250.410.66-0.280.940.350.19
0.710.94-0.230.720.620.250.630.62-0.110.76-0.02-0.160.510.38-0.130.80.610.39-0.570.870.41-0.470.290.78-0.14
0.970.70.010.830.980.60.630.980.180.95-0.32-0.020.80.75-0.080.610.990.73-0.70.880.73-0.840.620.91-0.38
0.970.670.020.90.970.590.620.980.130.94-0.270.00.770.72-0.040.50.980.81-0.640.890.71-0.840.590.9-0.36
0.20.220.010.110.2-0.08-0.110.180.130.19-0.250.190.120.15-0.110.220.130.01-0.070.170.21-0.07-0.090.28-0.51
0.980.82-0.110.890.960.580.760.950.940.19-0.28-0.140.770.62-0.20.660.940.71-0.60.940.64-0.730.590.96-0.35
-0.22-0.110.43-0.04-0.25-0.23-0.02-0.32-0.27-0.25-0.280.39-0.4-0.340.47-0.2-0.29-0.130.42-0.11-0.030.36-0.43-0.220.52
0.05-0.090.340.110.050.06-0.16-0.020.00.19-0.140.39-0.260.030.95-0.14-0.02-0.040.250.020.440.12-0.16-0.150.21
0.740.53-0.020.580.750.640.510.80.770.120.77-0.4-0.260.79-0.30.60.820.57-0.670.660.69-0.550.710.72-0.19
0.660.420.010.480.680.590.380.750.720.150.62-0.340.030.79-0.010.540.770.59-0.730.570.77-0.580.610.58-0.14
-0.01-0.160.340.08-0.010.09-0.13-0.08-0.04-0.11-0.20.470.95-0.3-0.01-0.21-0.06-0.050.27-0.030.380.15-0.13-0.230.37
0.610.84-0.120.430.550.260.80.610.50.220.66-0.2-0.140.60.54-0.210.550.09-0.720.710.5-0.40.330.72-0.21
0.970.65-0.030.840.980.670.610.990.980.130.94-0.29-0.020.820.77-0.060.550.79-0.640.860.75-0.820.680.87-0.29
0.740.4-0.050.810.750.460.390.730.810.010.71-0.13-0.040.570.59-0.050.090.79-0.310.660.52-0.630.440.65-0.22
-0.57-0.590.02-0.4-0.55-0.25-0.57-0.7-0.64-0.07-0.60.420.25-0.67-0.730.27-0.72-0.64-0.31-0.59-0.380.75-0.4-0.640.41
0.940.92-0.070.940.890.410.870.880.890.170.94-0.110.020.660.57-0.030.710.860.66-0.590.64-0.690.40.95-0.29
0.740.460.150.620.760.660.410.730.710.210.64-0.030.440.690.770.380.50.750.52-0.380.64-0.360.550.590.01
-0.76-0.52-0.04-0.66-0.77-0.28-0.47-0.84-0.84-0.07-0.730.360.12-0.55-0.580.15-0.4-0.82-0.630.75-0.69-0.36-0.38-0.730.45
0.560.25-0.360.370.610.940.290.620.59-0.090.59-0.43-0.160.710.61-0.130.330.680.44-0.40.40.55-0.380.370.02
0.940.87-0.010.860.90.350.780.910.90.280.96-0.22-0.150.720.58-0.230.720.870.65-0.640.950.59-0.730.37-0.46
-0.31-0.320.12-0.24-0.310.19-0.14-0.38-0.36-0.51-0.350.520.21-0.19-0.140.37-0.21-0.29-0.220.41-0.290.010.450.02-0.46
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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 Earnings12.3B15.8B18.4B22.8B26.7B28.0B
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 Receivables3.6B3.9B6.2B5.8B6.9B3.8B
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 Assets4.4B5.1B8.1B2.3B8.9B9.4B
Other Stockholder Equity507.7M2.1B2.8B(807.1M)1.1B1.1B
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.