JBT Stock | | | USD 119.18 0.64 0.54% |
John Bean financial indicator trend analysis is infinitely more than just investigating John Bean Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Bean Technologies is a good investment. Please check the relationship between John Bean Non Current Liabilities Total and its Common Stock Total Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Bean Technologies. 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.
Non Current Liabilities Total vs Common Stock Total Equity
Non Current Liabilities Total vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Bean Technologies Non Current Liabilities Total account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between John Bean's Non Current Liabilities Total and Common Stock Total Equity is -0.17. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of John Bean Technologies, assuming nothing else is changed. The correlation between historical values of John Bean's Non Current Liabilities Total and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of John Bean Technologies are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Non Current Liabilities Total i.e., John Bean's Non Current Liabilities Total and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Liabilities Total
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from John Bean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Bean Technologies 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 John Bean Technologies. 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.
Selling General Administrative is likely to drop to about 282.5
M in 2024.
Discontinued Operations is likely to drop to about (362.2
K) in 2024
John Bean fundamental ratios Correlations
Click cells to compare fundamentals
John Bean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John Bean fundamental ratios Accounts
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measure John Bean'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 John Bean is operating at the current time. Most of John Bean's value examination focuses on studying past and present price action to
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