Johnson Good Will vs Total Current Liabilities Analysis

JCI Stock  USD 83.34  0.11  0.13%   
Johnson Controls financial indicator trend analysis is infinitely more than just investigating Johnson Controls Int recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Controls Int is a good investment. Please check the relationship between Johnson Controls Good Will and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. 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.

Good Will vs Total Current Liabilities

Good Will vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Controls Int Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Johnson Controls' Good Will and Total Current Liabilities is 0.51. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Johnson Controls International, assuming nothing else is changed. The correlation between historical values of Johnson Controls' Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Johnson Controls International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Johnson Controls' Good Will and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Liabilities

Total Current Liabilities is an item on Johnson Controls balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Johnson Controls International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Int 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 International. 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 now, Johnson Controls' Enterprise Value Over EBITDA is increasing as compared to previous years. The Johnson Controls' current Enterprise Value Multiple is estimated to increase to 23.97, while Selling General Administrative is projected to decrease to under 5.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit8.3B9.0B8.1B4.6B
Total Revenue25.3B26.8B8.1B7.7B

Johnson Controls fundamental ratios Correlations

0.870.740.830.980.390.770.210.240.970.510.240.730.80.90.80.060.640.990.820.520.880.350.88-0.150.59
0.870.730.740.810.360.950.13-0.040.850.79-0.040.550.620.960.70.190.680.890.660.760.790.230.8-0.210.7
0.740.730.880.630.570.610.58-0.080.630.62-0.080.590.460.620.610.250.150.810.850.420.440.430.4-0.040.3
0.830.740.880.730.670.680.540.020.710.520.020.870.720.660.840.370.240.890.960.540.480.70.510.070.37
0.980.810.630.730.310.70.140.350.970.40.350.680.810.870.73-0.010.70.930.750.440.920.270.92-0.180.57
0.390.360.570.670.310.420.88-0.290.320.05-0.290.760.610.210.720.43-0.30.450.710.170.010.86-0.010.35-0.19
0.770.950.610.680.70.420.11-0.250.750.74-0.250.550.620.880.730.270.60.80.560.80.670.270.7-0.150.7
0.210.130.580.540.140.880.11-0.230.13-0.09-0.230.530.36-0.030.480.29-0.550.280.61-0.1-0.160.71-0.240.31-0.41
0.24-0.04-0.080.020.35-0.29-0.25-0.230.26-0.191.00.110.290.17-0.04-0.140.390.150.18-0.230.35-0.040.4-0.23-0.01
0.970.850.630.710.970.320.750.130.260.440.260.620.750.910.78-0.120.690.940.70.480.940.230.91-0.220.6
0.510.790.620.520.40.050.74-0.09-0.190.44-0.190.220.160.720.250.360.540.580.390.730.420.020.49-0.180.68
0.24-0.04-0.080.020.35-0.29-0.25-0.231.00.26-0.190.110.290.17-0.04-0.140.390.150.18-0.230.35-0.040.4-0.23-0.01
0.730.550.590.870.680.760.550.530.110.620.220.110.880.520.830.50.20.750.890.360.370.860.460.290.2
0.80.620.460.720.810.610.620.360.290.750.160.290.880.650.820.340.430.760.770.330.610.630.670.020.31
0.90.960.620.660.870.210.88-0.030.170.910.720.170.520.650.640.090.820.880.610.650.880.140.91-0.260.72
0.80.70.610.840.730.720.730.48-0.040.780.25-0.040.830.820.640.130.270.830.790.530.560.690.560.010.34
0.060.190.250.37-0.010.430.270.29-0.14-0.120.36-0.140.50.340.090.13-0.060.110.40.29-0.260.57-0.090.440.04
0.640.680.150.240.7-0.30.6-0.550.390.690.540.390.20.430.820.27-0.060.560.210.540.84-0.230.92-0.380.78
0.990.890.810.890.930.450.80.280.150.940.580.150.750.760.880.830.110.560.850.570.810.410.81-0.110.58
0.820.660.850.960.750.710.560.610.180.70.390.180.890.770.610.790.40.210.850.370.460.740.490.150.23
0.520.760.420.540.440.170.8-0.1-0.230.480.73-0.230.360.330.650.530.290.540.570.370.450.180.51-0.170.7
0.880.790.440.480.920.010.67-0.160.350.940.420.350.370.610.880.56-0.260.840.810.460.45-0.090.96-0.380.67
0.350.230.430.70.270.860.270.71-0.040.230.02-0.040.860.630.140.690.57-0.230.410.740.18-0.090.00.43-0.16
0.880.80.40.510.92-0.010.7-0.240.40.910.490.40.460.670.910.56-0.090.920.810.490.510.960.0-0.340.73
-0.15-0.21-0.040.07-0.180.35-0.150.31-0.23-0.22-0.18-0.230.290.02-0.260.010.44-0.38-0.110.15-0.17-0.380.43-0.34-0.3
0.590.70.30.370.57-0.190.7-0.41-0.010.60.68-0.010.20.310.720.340.040.780.580.230.70.67-0.160.73-0.3
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Johnson Controls Account Relationship Matchups

Johnson Controls fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8B41.9B42.2B42.2B42.7B22.6B
Short Long Term Debt Total7.8B7.7B9.0B8.8B9.5B10.0B
Other Current Liab3.4B3.0B3.6B3.2B4.9B2.5B
Total Current Liabilities8.2B9.1B11.2B11.1B12.0B7.2B
Total Stockholder Equity17.4B17.6B16.3B16.5B16.1B8.6B
Property Plant And Equipment Net3.1B3.2B3.1B3.1B2.4B3.4B
Net Debt5.9B6.4B6.9B8.0B8.9B9.3B
Retained Earnings2.5B2.0B1.2B1.4B848M805.6M
Cash2.0B1.3B2.0B835M606M513.9M
Non Current Assets Total30.8B31.9B30.5B31.5B23.3B14.7B
Non Currrent Assets Other3.5B3.7B3.9B4.5B8.3B8.7B
Cash And Short Term Investments2.0B1.3B2.0B835M606M513.9M
Net Receivables5.3B5.6B5.7B6.0B6.1B4.3B
Liabilities And Stockholders Equity40.8B41.9B42.2B42.2B42.7B22.6B
Non Current Liabilities Total14.0B14.0B13.5B13.5B13.4B14.0B
Inventory1.8B2.1B2.7B2.8B1.8B1.4B
Other Current Assets1.0B992M1.3B1.1B2.7B2.9B
Other Stockholder Equity15.7B16.0B16.0B16.1B16.2B17.0B
Total Liab22.3B23.1B24.8B24.5B25.3B13.6B
Total Current Assets10.1B10.0B11.7B10.7B11.2B7.7B
Short Term Debt293M553M1.5B1.3B1.5B1.6B
Intangible Assets5.4B5.5B5.2B4.9B4.1B2.1B
Accounts Payable3.1B3.7B4.2B4.3B3.4B3.6B
Good Will17.9B18.3B17.4B17.9B16.7B12.1B
Property Plant And Equipment Gross3.1B3.2B3.0B7.1B5.8B4.3B
Accumulated Other Comprehensive Income(776M)(434M)(911M)(955M)(964M)(915.8M)
Other Liab5.6B6.5B6.1B4.6B5.2B3.7B
Other Assets2.3B31.8B6.1B5.6B8.3B5.0B
Long Term Debt7.5B7.5B7.4B7.8B8.0B5.9B
Treasury Stock(1.1B)(1.1B)(1.2B)(1.2B)(1.1B)(1.0B)
Property Plant Equipment3.1B3.2B3.0B4.5B5.2B4.1B
Current Deferred Revenue1.4B1.6B1.8B2.0B2.2B2.3B
Deferred Long Term Liab104M117M174M224M201.6M154.8M

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When determining whether Johnson Controls Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Johnson Controls' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Johnson Controls International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Johnson Controls International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. 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.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Building Products 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 Johnson Controls. If investors know Johnson 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 Johnson Controls 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
0.18
Dividend Share
1.48
Earnings Share
2.08
Revenue Per Share
34.064
Quarterly Revenue Growth
(0.1)
The market value of Johnson Controls Int is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Controls' value that differs from its market value or its book value, called intrinsic value, which is Johnson Controls' 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 Johnson Controls' market value can be influenced by many factors that don't directly affect Johnson Controls' 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 Johnson Controls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Controls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Controls' 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.