JBHT Stock | | | USD 181.57 0.01 0.01% |
JB Hunt financial indicator trend analysis is infinitely more than just investigating JB Hunt Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hunt Transport is a good investment. Please check the relationship between JB Hunt Long Term Debt Total and its Long Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Long Term Debt Total vs Long Term Debt
Long Term Debt Total vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Hunt Transport Long Term Debt Total account and
Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JB Hunt's Long Term Debt Total and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of JB Hunt Transport, assuming nothing else is changed. The correlation between historical values of JB Hunt's Long Term Debt Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of JB Hunt Transport are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Debt Total i.e., JB Hunt's Long Term Debt Total and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt Total
Long Term Debt
Long-term debt is a debt that JB Hunt Transport has held for over one year. Long-term debt appears on JB Hunt Transport balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on JB Hunt Transport balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from JB Hunt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hunt Transport 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 Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, JB Hunt's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 13.67 in 2024, whereas
Tax Provision is likely to drop slightly above 208.4
M in 2024.
JB Hunt fundamental ratios Correlations
Click cells to compare fundamentals
JB Hunt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JB Hunt fundamental ratios Accounts
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