Johnson Total Current Assets vs Common Stock Shares Outstanding Analysis

JCHAC Stock   1,855  12.70  0.69%   
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 Total Current Assets and its Common Stock Shares Outstanding 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.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Controls Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Johnson Controls' Total Current Assets and Common Stock Shares Outstanding is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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' Total Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Johnson Controls are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Johnson Controls' Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 28th of November 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 Expense91.4M75.3M166.4M174.7M
Depreciation And Amortization721.1M752.4M643.5M384.5M

Johnson Controls fundamental ratios Correlations

0.210.260.970.970.97-0.060.960.490.98-0.080.490.70.620.97-0.08-0.310.981.00.70.96-0.11-0.20.75-0.20.22
0.21-0.60.280.110.210.920.13-0.410.2-0.45-0.48-0.220.140.280.44-0.430.280.21-0.220.1-0.360.330.050.790.37
0.26-0.60.20.270.27-0.70.310.620.290.470.630.40.420.26-0.350.170.250.250.40.36-0.11-0.860.11-0.61-0.47
0.970.280.20.890.920.050.880.380.930.00.370.730.530.94-0.08-0.250.990.970.730.97-0.12-0.110.78-0.120.27
0.970.110.270.890.96-0.150.990.540.96-0.160.550.660.570.94-0.11-0.370.90.960.660.9-0.02-0.220.73-0.250.23
0.970.210.270.920.96-0.090.960.571.0-0.150.550.690.690.96-0.01-0.310.940.950.690.93-0.2-0.240.61-0.230.13
-0.060.92-0.70.05-0.15-0.09-0.15-0.73-0.09-0.46-0.77-0.37-0.140.030.45-0.320.02-0.04-0.36-0.15-0.190.46-0.080.910.35
0.960.130.310.880.990.96-0.150.560.95-0.160.560.610.590.93-0.14-0.390.890.950.610.89-0.07-0.270.7-0.240.18
0.49-0.410.620.380.540.57-0.730.560.550.290.990.480.560.42-0.290.00.430.460.480.52-0.18-0.50.27-0.75-0.17
0.980.20.290.930.961.0-0.090.950.55-0.130.540.720.660.96-0.01-0.30.950.960.720.95-0.2-0.240.63-0.240.11
-0.08-0.450.470.0-0.16-0.15-0.46-0.160.29-0.130.30.13-0.01-0.13-0.560.70.0-0.060.130.080.09-0.250.1-0.48-0.15
0.49-0.480.630.370.550.55-0.770.560.990.540.30.480.520.4-0.310.010.420.470.480.52-0.11-0.480.31-0.79-0.18
0.7-0.220.40.730.660.69-0.370.610.480.720.130.480.250.64-0.12-0.050.710.691.00.780.01-0.20.65-0.440.09
0.620.140.420.530.570.69-0.140.590.560.66-0.010.520.250.640.13-0.130.630.60.250.61-0.47-0.470.14-0.29-0.28
0.970.280.260.940.940.960.030.930.420.96-0.130.40.640.64-0.03-0.250.950.960.630.93-0.18-0.210.61-0.130.15
-0.080.44-0.35-0.08-0.11-0.010.45-0.14-0.29-0.01-0.56-0.31-0.120.13-0.03-0.21-0.05-0.11-0.12-0.14-0.130.29-0.320.33-0.17
-0.31-0.430.17-0.25-0.37-0.31-0.32-0.390.0-0.30.70.01-0.05-0.13-0.25-0.21-0.25-0.32-0.05-0.140.120.13-0.37-0.43-0.37
0.980.280.250.990.90.940.020.890.430.950.00.420.710.630.95-0.05-0.250.980.70.98-0.18-0.170.73-0.150.21
1.00.210.250.970.960.95-0.040.950.460.96-0.060.470.690.60.96-0.11-0.320.980.690.96-0.06-0.180.79-0.190.27
0.7-0.220.40.730.660.69-0.360.610.480.720.130.481.00.250.63-0.12-0.050.70.690.780.01-0.20.65-0.440.09
0.960.10.360.970.90.93-0.150.890.520.950.080.520.780.610.93-0.14-0.140.980.960.78-0.17-0.210.7-0.330.08
-0.11-0.36-0.11-0.12-0.02-0.2-0.19-0.07-0.18-0.20.09-0.110.01-0.47-0.18-0.130.12-0.18-0.060.01-0.170.160.280.010.46
-0.20.33-0.86-0.11-0.22-0.240.46-0.27-0.5-0.24-0.25-0.48-0.2-0.47-0.210.290.13-0.17-0.18-0.2-0.210.16-0.030.250.27
0.750.050.110.780.730.61-0.080.70.270.630.10.310.650.140.61-0.32-0.370.730.790.650.70.28-0.03-0.10.59
-0.20.79-0.61-0.12-0.25-0.230.91-0.24-0.75-0.24-0.48-0.79-0.44-0.29-0.130.33-0.43-0.15-0.19-0.44-0.330.010.25-0.10.44
0.220.37-0.470.270.230.130.350.18-0.170.11-0.15-0.180.09-0.280.15-0.17-0.370.210.270.090.080.460.270.590.44
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Johnson Controls Account Relationship Matchups

Johnson Controls fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8B16.4B17.9B17.9B16.6B10.4B
Short Long Term Debt Total1.9B890.1M1.1B1.9B480.8M456.8M
Other Current Liab11.3M879.8M1.1B1.0B1.7B1.7B
Total Current Liabilities8.0B7.8B9.3B10.0B9.7B5.9B
Total Stockholder Equity6.9B7.2B7.4B6.6B5.8B3.8B
Property Plant And Equipment Net3.9B4.3B3.9B3.9B3.8B2.2B
Net Debt1.7B(330.2M)820.1M1.7B(237.4M)(225.5M)
Retained Earnings5.5B5.8B6.0B5.4B4.7B2.8B
Cash176.4M1.2B304.5M219.7M718.2M754.1M
Non Current Assets Total4.7B5.0B4.8B4.9B4.9B2.8B
Non Currrent Assets Other(4.1B)530.6M680.1M513.2M1.1B1.2B
Cash And Short Term Investments176.4M1.2B304.5M228.1M718.2M754.1M
Liabilities And Stockholders Equity15.8B16.4B17.9B17.9B16.6B10.4B
Non Current Liabilities Total970.2M1.4B1.2B1.3B1.1B769.8M
Inventory7.3B7.0B8.2B8.7B6.6B4.4B
Other Current Assets3.7B401.6M482.6M829.1M510.9M927.0M
Other Stockholder Equity895.4M(5.2B)(6.0B)1.1B665.6M698.9M
Total Liab9.0B9.2B10.5B11.3B10.7B6.7B
Total Current Assets11.1B11.4B13.1B13.0B11.6B7.6B
Accounts Payable5.5B6.3B7.2B7.0B7.9B4.4B
Intangible Assets197.4M115.2M118.6M54.8M38.9M37.0M
Net Receivables2.9B2.7B4.1B3.3B3.8B2.9B
Short Term Debt1.6B(76.5M)701.2M1.6B135.7M128.9M
Current Deferred Revenue839.3M717.9M671.2M896.7M498M696.3M
Other Liab623.4M736.4M775.9M808.1M929.3M591.7M
Net Tangible Assets6.0B6.7B7.1B7.3B8.4B5.5B
Other Assets674.9M657.7M802M462.5M531.9M524.0M
Short Long Term Debt126.6M1.9B1.6B0.0430.1M1.4B
Property Plant Equipment3.9B4.3B3.9B3.9B4.5B3.3B
Long Term Debt Total233.8M644.1M423.4M370M425.5M262.6M
Net Invested Capital8.5B7.2B7.8B8.0B5.8B8.0B
Non Current Liabilities Other144.4M137.3M132.1M155.2M123.8M133.3M
Net Working Capital3.1B3.6B3.8B2.9B1.9B2.4B

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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.