JBDI Total Stockholder Equity vs Other Current Liab Analysis
| JBDI Stock | 0.61 0.05 7.55% |
JBDI Holdings financial indicator trend analysis is infinitely more than just investigating JBDI Holdings Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBDI Holdings Limited is a good investment. Please check the relationship between JBDI Holdings Total Stockholder Equity and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBDI Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Total Stockholder Equity vs Other Current Liab
Total Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JBDI Holdings Limited Total Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JBDI Holdings' Total Stockholder Equity and Other Current Liab is 0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of JBDI Holdings Limited, assuming nothing else is changed. The correlation between historical values of JBDI Holdings' Total Stockholder Equity and Other Current Liab 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 JBDI Holdings Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Stockholder Equity i.e., JBDI Holdings' Total Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.Other Current Liab
Most indicators from JBDI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBDI Holdings Limited 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 JBDI Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. The JBDI Holdings' current Selling General Administrative is estimated to increase to about 6 M, while Tax Provision is forecasted to increase to (118.8 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 8.5M | 7.6M | 6.4M | 5.8M | Total Revenue | 11.9M | 11.1M | 9.4M | 8.4M |
JBDI Holdings fundamental ratios Correlations
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JBDI Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether JBDI Holdings Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JBDI Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jbdi Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jbdi Holdings Limited Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBDI Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JBDI Holdings. If investors know JBDI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JBDI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.54) | Earnings Share 0.02 | Revenue Per Share 0.572 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0589 |
The market value of JBDI Holdings Limited is measured differently than its book value, which is the value of JBDI that is recorded on the company's balance sheet. Investors also form their own opinion of JBDI Holdings' value that differs from its market value or its book value, called intrinsic value, which is JBDI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JBDI Holdings' market value can be influenced by many factors that don't directly affect JBDI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JBDI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if JBDI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JBDI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.