JBH Stock | | | 90.46 0.40 0.44% |
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 Other Current Liab and its Other Liab 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.
Other Current Liab vs Other Liab
Other Current Liab vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Hi Fi Other Current Liab account and
Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between JB Hi's Other Current Liab and Other Liab is 0.67. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Liab 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 Other Current Liab and Other 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 Other Current Liab of JB Hi Fi are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Liab i.e., JB Hi's Other Current Liab and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Other Liab
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
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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.