Jabil Net Working Capital vs Short Term Investments Analysis

JBL Stock  USD 131.12  0.48  0.37%   
Jabil Circuit financial indicator trend analysis is infinitely more than just investigating Jabil Circuit recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jabil Circuit is a good investment. Please check the relationship between Jabil Circuit Net Working Capital 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 Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.

Net Working Capital vs Short Term Investments

Net Working Capital vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jabil Circuit Net Working Capital account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jabil Circuit's Net Working Capital and Short Term Investments is 0.65. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Jabil Circuit, assuming nothing else is changed. The correlation between historical values of Jabil Circuit's Net Working Capital 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 Net Working Capital of Jabil Circuit 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 Net Working Capital i.e., Jabil Circuit's Net Working Capital and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Working Capital

Short Term Investments

Short Term Investments is an item under the current assets section of Jabil Circuit balance sheet. It contains any investments Jabil Circuit undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jabil Circuit can easily liquidate in the marketplace.
Most indicators from Jabil Circuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jabil Circuit 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 Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.At this time, Jabil Circuit's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 9.23 this year, although the value of Discontinued Operations is projected to rise to (7.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.9B2.7B2.8B
Total Revenue33.5B34.7B28.9B30.3B

Jabil Circuit fundamental ratios Correlations

0.980.890.990.550.750.840.850.960.890.740.950.890.94-0.110.960.970.63-0.660.990.990.390.350.770.770.41
0.980.820.960.520.780.870.80.970.890.770.910.890.91-0.050.990.920.54-0.620.970.940.310.340.790.810.35
0.890.820.90.320.470.630.870.760.810.460.910.810.91-0.380.850.850.74-0.780.90.940.230.050.670.50.68
0.990.960.90.450.710.810.870.960.870.70.960.870.96-0.220.940.970.59-0.721.00.990.430.350.790.710.5
0.550.520.320.450.670.510.210.490.410.680.370.410.280.540.460.560.590.140.450.480.360.230.160.76-0.45
0.750.780.470.710.670.910.350.810.481.00.580.480.63-0.010.710.730.24-0.130.710.640.510.330.370.82-0.05
0.840.870.630.810.510.910.480.890.550.90.710.550.78-0.120.820.810.26-0.30.820.750.450.220.470.680.2
0.850.80.870.870.210.350.480.760.910.350.920.910.85-0.240.830.790.67-0.930.870.890.140.420.930.550.64
0.960.970.760.960.490.810.890.760.820.80.910.820.91-0.090.930.950.42-0.590.960.920.470.40.750.770.33
0.890.890.810.870.410.480.550.910.820.480.891.00.830.030.910.810.68-0.780.890.90.110.360.90.750.41
0.740.770.460.70.681.00.90.350.80.480.570.480.610.00.70.720.25-0.130.710.630.510.350.380.83-0.07
0.950.910.910.960.370.580.710.920.910.890.570.890.96-0.220.930.920.61-0.80.970.970.290.310.820.660.57
0.890.890.810.870.410.480.550.910.821.00.480.890.830.030.910.810.68-0.780.890.90.110.360.90.750.41
0.940.910.910.960.280.630.780.850.910.830.610.960.83-0.330.910.890.47-0.760.960.950.370.230.770.60.64
-0.11-0.05-0.38-0.220.54-0.01-0.12-0.24-0.090.030.0-0.220.03-0.33-0.1-0.130.070.47-0.19-0.17-0.030.2-0.070.28-0.78
0.960.990.850.940.460.710.820.830.930.910.70.930.910.91-0.10.90.58-0.680.960.940.170.280.80.760.43
0.970.920.850.970.560.730.810.790.950.810.720.920.810.89-0.130.90.61-0.60.960.960.460.310.680.710.35
0.630.540.740.590.590.240.260.670.420.680.250.610.680.470.070.580.61-0.480.590.69-0.030.090.460.50.21
-0.66-0.62-0.78-0.720.14-0.13-0.3-0.93-0.59-0.78-0.13-0.8-0.78-0.760.47-0.68-0.6-0.48-0.72-0.73-0.01-0.32-0.87-0.3-0.82
0.990.970.91.00.450.710.820.870.960.890.710.970.890.96-0.190.960.960.59-0.720.990.370.340.80.730.49
0.990.940.940.990.480.640.750.890.920.90.630.970.90.95-0.170.940.960.69-0.730.990.340.280.780.710.5
0.390.310.230.430.360.510.450.140.470.110.510.290.110.37-0.030.170.46-0.03-0.010.370.340.280.110.29-0.02
0.350.340.050.350.230.330.220.420.40.360.350.310.360.230.20.280.310.09-0.320.340.280.280.580.47-0.09
0.770.790.670.790.160.370.470.930.750.90.380.820.90.77-0.070.80.680.46-0.870.80.780.110.580.620.49
0.770.810.50.710.760.820.680.550.770.750.830.660.750.60.280.760.710.5-0.30.730.710.290.470.62-0.12
0.410.350.680.5-0.45-0.050.20.640.330.41-0.070.570.410.64-0.780.430.350.21-0.820.490.5-0.02-0.090.49-0.12
Click cells to compare fundamentals

Jabil Circuit Account Relationship Matchups

Jabil Circuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.4B16.7B19.7B19.4B17.4B18.2B
Short Long Term Debt Total3.1B3.3B3.4B3.2B3.3B3.4B
Other Current Liab2.7B2.9B4.2B6.7B4.4B4.6B
Total Current Liabilities9.1B10.7B13.7B12.7B11.8B12.4B
Total Stockholder Equity1.8B2.1B2.5B2.9B1.7B1.7B
Property Plant And Equipment Net4.0B4.5B4.5B3.5B3.4B1.8B
Net Debt1.7B1.8B1.9B1.4B1.1B1.1B
Retained Earnings2.0B2.7B3.6B4.4B5.8B6.0B
Accounts Payable5.7B6.8B8.0B5.7B6.2B6.5B
Cash1.4B1.6B1.5B1.8B2.2B2.3B
Non Current Assets Total5.3B5.8B5.8B4.7B4.6B2.5B
Non Currrent Assets Other162.2M230M281M268M276M289.8M
Cash And Short Term Investments1.4B1.6B1.5B1.8B2.2B2.3B
Net Receivables4.0B4.1B5.2B4.7B4.6B4.8B
Common Stock Shares Outstanding155.3M152.1M144.4M135.9M124.3M190.2M
Liabilities And Stockholders Equity14.4B16.7B19.7B19.4B17.4B18.2B
Non Current Liabilities Total3.5B3.8B3.6B3.9B3.8B4.0B
Inventory3.1B4.4B6.1B5.2B4.3B4.5B
Other Current Assets657.1M757M1.1B3.0B1.7B1.8B
Other Stockholder Equity(195.6M)(527M)(1.1B)(1.5B)(4.0B)(3.8B)
Total Liab12.6B14.5B17.3B16.6B15.6B16.4B
Total Current Assets9.1B10.9B13.9B14.7B12.8B13.4B
Short Term Debt160.9M204M539M178M93M131.3M
Current Deferred Revenue496.2M559M796M131M1.0B1.1B
Property Plant And Equipment Gross4.0B4.5B4.5B3.5B8.1B8.5B
Accumulated Other Comprehensive Income(34.2M)(25M)(42M)(17M)(46M)(43.7M)
Short Term Investments16.6M18M16M25M27M28.4M
Common Stock260K264K267K270K310.5K248.2K
Other Liab358.0M623M576M506M581.9M611.0M
Other Assets327.6M415M493M427M491.1M515.6M
Long Term Debt2.7B2.9B2.6B2.9B2.9B1.6B
Intangible Assets209.9M182M158M142M143M225.6M
Property Plant Equipment3.7B4.5B4.5B3.5B4.0B2.3B
Good Will696.9M715M704M621M661M515.3M
Treasury Stock(2.4B)(2.6B)(3.1B)(3.8B)(3.4B)(3.2B)
Net Tangible Assets904.7M1.2B1.6B2.1B1.9B1.2B
Noncontrolling Interest In Consolidated Entity13.1M13.3M14.0M1M900K855K
Retained Earnings Total Equity2.0B2.0B2.7B3.6B4.2B4.4B

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When determining whether Jabil Circuit is a strong investment it is important to analyze Jabil Circuit's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jabil Circuit's future performance. For an informed investment choice regarding Jabil Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electronic Equipment, Instruments & Components 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 Jabil Circuit. If investors know Jabil 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 Jabil Circuit 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
0.016
Dividend Share
0.32
Earnings Share
11.17
Revenue Per Share
235.972
Quarterly Revenue Growth
(0.18)
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit's 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 Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit's 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 Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit's 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.