Johnson Common Stock vs Inventory Analysis

JCHAC Stock

1,871 45.80 2.51%

Johnson Controls financial indicator trend analysis is infinitely more than just investigating Johnson Controls recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Controls is a good investment. Please check the relationship between Johnson Controls Common Stock and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Controls Common Stock account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Johnson Controls' Common Stock and Inventory is 0.63. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Inventory in the same time period over historical financial statements of Johnson Controls , assuming nothing else is changed. The correlation between historical values of Johnson Controls' Common Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Johnson Controls are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock i.e., Johnson Controls' Common Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

Inventory

Most indicators from Johnson Controls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Controls 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 Johnson Controls . Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

As of the 1st of December 2024, Selling General Administrative is likely to grow to about 2.1 B, though Tax Provision is likely to grow to (221.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	91.4M	75.3M	166.4M	174.7M
Depreciation And Amortization	721.1M	752.4M	643.3M	384.5M

Interest Expense Depreciation And Amortization

Johnson Controls fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Short Term Investments	Intangible Assets	Net Receivables	Short Term Debt	Current Deferred Revenue
Total Assets		0.21	0.26	0.97	0.97	0.97	-0.06	0.96	0.49	0.98	-0.11	0.49	0.7	0.62	0.97	-0.08	-0.31	0.98	1.0	0.7	0.96	-0.11	-0.2	0.75	-0.2	0.22
Short Long Term Debt Total	0.21		-0.6	0.28	0.11	0.21	0.92	0.14	-0.41	0.2	-0.38	-0.48	-0.22	0.14	0.28	0.44	-0.46	0.28	0.21	-0.22	0.1	-0.36	0.33	0.05	0.79	0.37
Other Current Liab	0.26	-0.6		0.2	0.27	0.27	-0.7	0.29	0.62	0.29	0.34	0.63	0.4	0.42	0.26	-0.35	0.22	0.25	0.25	0.4	0.36	-0.11	-0.86	0.11	-0.61	-0.47
Total Current Liabilities	0.97	0.28	0.2		0.89	0.92	0.05	0.87	0.38	0.93	-0.04	0.37	0.73	0.53	0.94	-0.08	-0.24	0.99	0.97	0.73	0.97	-0.12	-0.11	0.78	-0.12	0.27
Total Stockholder Equity	0.97	0.11	0.27	0.89		0.96	-0.15	0.99	0.54	0.96	-0.18	0.55	0.66	0.57	0.94	-0.11	-0.37	0.9	0.96	0.66	0.9	-0.02	-0.22	0.73	-0.25	0.23
Property Plant And Equipment Net	0.97	0.21	0.27	0.92	0.96		-0.09	0.95	0.57	1.0	-0.19	0.55	0.69	0.69	0.96	-0.01	-0.3	0.94	0.95	0.69	0.93	-0.2	-0.24	0.61	-0.23	0.13
Net Debt	-0.06	0.92	-0.7	0.05	-0.15	-0.09		-0.13	-0.73	-0.09	-0.37	-0.77	-0.37	-0.14	0.03	0.45	-0.36	0.02	-0.04	-0.36	-0.15	-0.19	0.46	-0.08	0.91	0.35
Retained Earnings	0.96	0.14	0.29	0.87	0.99	0.95	-0.13		0.55	0.95	-0.18	0.55	0.6	0.59	0.93	-0.13	-0.39	0.89	0.95	0.6	0.88	-0.07	-0.26	0.7	-0.23	0.19
Cash	0.49	-0.41	0.62	0.38	0.54	0.57	-0.73	0.55		0.55	0.2	0.99	0.48	0.56	0.42	-0.29	0.04	0.43	0.46	0.48	0.52	-0.18	-0.5	0.27	-0.75	-0.17
Non Current Assets Total	0.98	0.2	0.29	0.93	0.96	1.0	-0.09	0.95	0.55		-0.17	0.54	0.72	0.66	0.96	-0.01	-0.29	0.95	0.96	0.72	0.95	-0.2	-0.24	0.63	-0.24	0.11
Non Currrent Assets Other	-0.11	-0.38	0.34	-0.04	-0.18	-0.19	-0.37	-0.18	0.2	-0.17		0.21	0.03	-0.04	-0.15	-0.56	0.73	-0.04	-0.08	0.03	0.03	0.14	-0.15	0.08	-0.39	-0.09
Cash And Short Term Investments	0.49	-0.48	0.63	0.37	0.55	0.55	-0.77	0.55	0.99	0.54	0.21		0.48	0.52	0.4	-0.31	0.04	0.42	0.47	0.48	0.52	-0.11	-0.48	0.31	-0.79	-0.18
Common Stock Shares Outstanding	0.7	-0.22	0.4	0.73	0.66	0.69	-0.37	0.6	0.48	0.72	0.03	0.48		0.25	0.64	-0.12	-0.02	0.71	0.69	1.0	0.78	0.01	-0.2	0.65	-0.44	0.09
Non Current Liabilities Total	0.62	0.14	0.42	0.53	0.57	0.69	-0.14	0.59	0.56	0.66	-0.04	0.52	0.25		0.64	0.13	-0.12	0.63	0.6	0.25	0.61	-0.47	-0.47	0.14	-0.29	-0.28
Inventory	0.97	0.28	0.26	0.94	0.94	0.96	0.03	0.93	0.42	0.96	-0.15	0.4	0.64	0.64		-0.03	-0.24	0.95	0.96	0.63	0.93	-0.18	-0.21	0.61	-0.13	0.15
Other Current Assets	-0.08	0.44	-0.35	-0.08	-0.11	-0.01	0.45	-0.13	-0.29	-0.01	-0.56	-0.31	-0.12	0.13	-0.03		-0.22	-0.05	-0.11	-0.12	-0.14	-0.13	0.29	-0.32	0.33	-0.17
Other Stockholder Equity	-0.31	-0.46	0.22	-0.24	-0.37	-0.3	-0.36	-0.39	0.04	-0.29	0.73	0.04	-0.02	-0.12	-0.24	-0.22		-0.24	-0.31	-0.01	-0.12	0.1	0.1	-0.36	-0.46	-0.39
Total Liab	0.98	0.28	0.25	0.99	0.9	0.94	0.02	0.89	0.43	0.95	-0.04	0.42	0.71	0.63	0.95	-0.05	-0.24		0.98	0.7	0.98	-0.18	-0.17	0.73	-0.15	0.21
Total Current Assets	1.0	0.21	0.25	0.97	0.96	0.95	-0.04	0.95	0.46	0.96	-0.08	0.47	0.69	0.6	0.96	-0.11	-0.31	0.98		0.69	0.96	-0.06	-0.18	0.79	-0.19	0.27
Common Stock	0.7	-0.22	0.4	0.73	0.66	0.69	-0.36	0.6	0.48	0.72	0.03	0.48	1.0	0.25	0.63	-0.12	-0.01	0.7	0.69		0.78	0.01	-0.2	0.65	-0.44	0.09
Accounts Payable	0.96	0.1	0.36	0.97	0.9	0.93	-0.15	0.88	0.52	0.95	0.03	0.52	0.78	0.61	0.93	-0.14	-0.12	0.98	0.96	0.78		-0.17	-0.21	0.7	-0.33	0.08
Short Term Investments	-0.11	-0.36	-0.11	-0.12	-0.02	-0.2	-0.19	-0.07	-0.18	-0.2	0.14	-0.11	0.01	-0.47	-0.18	-0.13	0.1	-0.18	-0.06	0.01	-0.17		0.16	0.28	0.01	0.46
Intangible Assets	-0.2	0.33	-0.86	-0.11	-0.22	-0.24	0.46	-0.26	-0.5	-0.24	-0.15	-0.48	-0.2	-0.47	-0.21	0.29	0.1	-0.17	-0.18	-0.2	-0.21	0.16		-0.03	0.25	0.27
Net Receivables	0.75	0.05	0.11	0.78	0.73	0.61	-0.08	0.7	0.27	0.63	0.08	0.31	0.65	0.14	0.61	-0.32	-0.36	0.73	0.79	0.65	0.7	0.28	-0.03		-0.1	0.59
Short Term Debt	-0.2	0.79	-0.61	-0.12	-0.25	-0.23	0.91	-0.23	-0.75	-0.24	-0.39	-0.79	-0.44	-0.29	-0.13	0.33	-0.46	-0.15	-0.19	-0.44	-0.33	0.01	0.25	-0.1		0.44
Current Deferred Revenue	0.22	0.37	-0.47	0.27	0.23	0.13	0.35	0.19	-0.17	0.11	-0.09	-0.18	0.09	-0.28	0.15	-0.17	-0.39	0.21	0.27	0.09	0.08	0.46	0.27	0.59	0.44

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Johnson Controls Account Relationship Matchups

Johnson Controls fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.8B	16.4B	17.9B	17.9B	16.6B	10.4B
Short Long Term Debt Total	1.9B	890.1M	1.1B	1.9B	480.8M	456.8M
Other Current Liab	11.3M	879.8M	1.1B	1.0B	1.7B	1.7B
Total Current Liabilities	8.0B	7.8B	9.3B	10.0B	9.7B	5.9B
Total Stockholder Equity	6.9B	7.2B	7.4B	6.6B	5.8B	3.8B
Property Plant And Equipment Net	3.9B	4.3B	3.9B	3.9B	3.8B	2.2B
Net Debt	1.7B	(330.2M)	820.1M	1.7B	(237.4M)	(225.5M)
Retained Earnings	5.5B	5.8B	6.0B	5.4B	4.4B	2.7B
Cash	176.4M	1.2B	304.5M	219.7M	718.2M	754.1M
Non Current Assets Total	4.7B	5.0B	4.8B	4.9B	4.9B	2.8B
Non Currrent Assets Other	(4.1B)	530.6M	680.1M	513.2M	466.8M	490.1M
Cash And Short Term Investments	176.4M	1.2B	304.5M	228.1M	718.2M	754.1M
Liabilities And Stockholders Equity	15.8B	16.4B	17.9B	17.9B	16.6B	10.4B
Non Current Liabilities Total	970.2M	1.4B	1.2B	1.3B	1.1B	769.8M
Inventory	7.3B	7.0B	8.2B	8.7B	6.6B	4.4B
Other Current Assets	3.7B	401.6M	482.6M	829.1M	510.9M	927.0M
Other Stockholder Equity	895.4M	(5.2B)	(6.0B)	1.1B	1.1B	1.2B
Total Liab	9.0B	9.2B	10.5B	11.3B	10.7B	6.7B
Total Current Assets	11.1B	11.4B	13.1B	13.0B	11.6B	7.6B
Accounts Payable	5.5B	6.3B	7.2B	7.0B	7.9B	4.4B
Intangible Assets	197.4M	115.2M	118.6M	54.8M	38.9M	37.0M
Net Receivables	2.9B	2.7B	4.1B	3.3B	3.8B	2.9B
Short Term Debt	1.6B	(76.5M)	701.2M	1.6B	135.7M	128.9M
Current Deferred Revenue	839.3M	717.9M	671.2M	896.7M	498M	696.3M
Other Liab	623.4M	736.4M	775.9M	808.1M	929.3M	591.7M
Net Tangible Assets	6.0B	6.7B	7.1B	7.3B	8.4B	5.5B
Other Assets	674.9M	657.7M	802M	462.5M	531.9M	524.0M
Short Long Term Debt	126.6M	1.9B	1.6B	0.0	430.1M	1.4B
Property Plant Equipment	3.9B	4.3B	3.9B	3.9B	4.5B	3.3B
Long Term Debt Total	233.8M	644.1M	423.4M	370M	425.5M	262.6M
Net Invested Capital	8.5B	7.2B	7.8B	8.0B	5.8B	8.0B
Non Current Liabilities Other	144.4M	137.3M	132.1M	155.2M	123.8M	133.3M
Net Working Capital	3.1B	3.6B	3.8B	2.9B	1.9B	2.4B

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Balance Sheet is a snapshot of the financial position of Johnson Controls at a specified time, usually calculated after every quarter, six months, or one year. Johnson Controls Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Johnson Controls and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Johnson currently owns. An asset can also be divided into two categories, current and non-current.

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Johnson Common Stock vs Inventory Analysis

Common Stock vs Inventory

Common Stock vs Inventory Correlation Analysis

Correlation Coefficient

Common Stock

Inventory

Johnson Controls fundamental ratios Correlations

Johnson Controls Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Johnson Controls fundamental ratios Accounts

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Other Information on Investing in Johnson Stock

COMMON DESTINATIONS

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Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash

Intangible Assets	- 0.86	Other Current Liab
Short Term Debt	- 0.79	Cash And Short Term Investments
Cash And Short Term Investments	- 0.77	Net Debt
Short Term Debt	- 0.75	Cash
Cash	- 0.73	Net Debt
Net Debt	- 0.7	Other Current Liab