JBCHEPHARM Total Stockholder Equity vs Short Term Investments 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 Total Stockholder Equity and its Short Term Investments 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.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Chemicals Pharmac Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JB Chemicals' Total Stockholder Equity and Short Term Investments is -0.01. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments 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' Total Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of JB Chemicals Pharmaceuticals are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., JB Chemicals' Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Term Investments

Short Term Investments is an item under the current assets section of JB Chemicals balance sheet. It contains any investments JB Chemicals Pharmaceuticals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that JB Chemicals Pharmac can easily liquidate in the marketplace.
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.