JBH Stock | | | 90.86 0.31 0.34% |
JB Hi financial indicator trend analysis is infinitely more than just investigating JB Hi Fi recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hi Fi is a good investment. Please check the relationship between JB Hi Dividends Paid and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hi Fi. 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.
Dividends Paid vs Net Income
Dividends Paid vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Hi Fi Dividends Paid account and
Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between JB Hi's Dividends Paid and Net Income is 0.99. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Net Income in the same time period over historical financial statements of JB Hi Fi, assuming nothing else is changed. The correlation between historical values of JB Hi's Dividends Paid and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of JB Hi Fi are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Dividends Paid i.e., JB Hi's Dividends Paid and Net Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in JB Hi Fi financial statement analysis. It represents the amount of money remaining after all of JB Hi Fi operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from JB Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hi Fi 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 Hi Fi. 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.
At this time, JB Hi's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 1.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 166.8
M in 2024.
JB Hi fundamental ratios Correlations
Click cells to compare fundamentals
JB Hi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JB Hi fundamental ratios Accounts
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Additional Tools for JBH Stock Analysis
When running JB Hi's price analysis, check to
measure JB Hi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JB Hi is operating at the current time. Most of JB Hi's value examination focuses on studying past and present price action to
predict the probability of JB Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hi's price. Additionally, you may evaluate how the addition of JB Hi to your portfolios can decrease your overall portfolio volatility.