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 Intangible Assets and its Short Long Term Debt Total 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.
Intangible Assets vs Short Long Term Debt Total
Intangible Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johnson Controls Intangible Assets account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Johnson Controls' Intangible Assets and Short Long Term Debt Total is 0.33. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt Total 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' Intangible Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Johnson Controls are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Johnson Controls' Intangible Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Short Long Term Debt Total
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).
Johnson Controls fundamental ratios Correlations
Click cells to compare fundamentals
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
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.