JD Total Current Assets vs Asset Turnover Analysis

JD Stock  USD 35.38  0.20  0.57%   
JD financial indicator trend analysis is infinitely more than just investigating JD Inc Adr recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JD Inc Adr is a good investment. Please check the relationship between JD Total Current Assets and its Asset Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JD Inc Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Total Current Assets vs Asset Turnover

Total Current Assets vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JD Inc Adr Total Current Assets account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JD's Total Current Assets and Asset Turnover is -0.39. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of JD Inc Adr, assuming nothing else is changed. The correlation between historical values of JD's Total Current Assets and Asset Turnover 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 JD Inc Adr are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Assets i.e., JD's Total Current Assets and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from JD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JD Inc Adr 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 JD Inc Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, JD's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.09, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.01.
 2021 2022 2023 2024 (projected)
Gross Profit129.1B147.1B158.0B165.9B
Total Revenue951.6B1.0T1.1T1.1T

JD fundamental ratios Correlations

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0.60.480.690.520.510.710.110.170.690.550.540.560.510.760.80.540.70.55-0.010.670.50.630.940.60.42
0.650.530.710.620.570.76-0.240.240.750.680.620.630.570.760.960.520.790.58-0.160.690.580.670.650.630.4
0.760.580.820.730.670.86-0.330.360.850.780.720.750.690.80.960.620.890.69-0.230.790.670.790.720.710.49
0.950.940.930.920.980.77-0.010.810.750.720.970.710.910.540.520.620.720.95-0.050.960.980.920.620.980.9
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0.990.860.960.980.980.87-0.230.860.850.840.980.860.980.550.580.690.950.82-0.140.970.960.980.640.950.93
-0.180.0-0.14-0.27-0.08-0.20.74-0.35-0.21-0.49-0.17-0.28-0.22-0.01-0.16-0.23-0.05-0.22-0.14-0.12-0.04-0.19-0.06-0.010.17
0.990.881.00.960.970.9-0.190.760.890.840.980.850.950.670.690.790.960.880.97-0.120.960.980.710.960.87
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0.670.490.730.610.580.770.060.350.730.640.590.660.630.940.650.720.620.710.64-0.060.710.550.720.650.54
0.950.920.950.910.980.81-0.020.740.790.730.960.720.90.60.630.710.980.760.95-0.010.960.980.920.650.88
0.890.840.850.870.920.73-0.010.830.70.640.880.740.90.420.40.490.90.650.930.170.870.90.870.540.88
Click cells to compare fundamentals

JD Account Relationship Matchups

JD fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets259.7B422.3B496.5B595.3B629.0B660.4B
Other Current Liab27.0B31.0B35.0B43.1B112.5B118.1B
Total Current Liabilities140.0B174.0B221.6B266.6B265.7B278.9B
Total Stockholder Equity81.9B187.5B208.9B213.4B231.9B243.5B
Property Plant And Equipment Net35.1B46.0B58.7B88.5B100.8B105.9B
Current Deferred Revenue19.4B24.4B32.6B37.1B33.7B17.5B
Net Debt(18.2B)(54.5B)(36.6B)(13.8B)(3.5B)(3.6B)
Retained Earnings(11.9B)37.4B33.8B29.3B44.1B46.3B
Accounts Payable90.4B106.8B140.5B160.6B133.0B76.0B
Cash37.0B86.1B70.8B78.9B71.9B40.9B
Non Current Assets Total120.6B187.5B196.8B244.2B321.1B337.2B
Non Currrent Assets Other6.8B14.9B22.1B18.8B16.3B8.1B
Cash And Short Term Investments61.6B146.7B185.3B220.0B190.1B199.7B
Net Receivables10.4B13.8B17.4B26.7B22.4B15.3B
Common Stock Shares Outstanding1.5B1.6B1.6B1.6B1.6B1.4B
Liabilities And Stockholders Equity259.7B422.3B496.5B595.3B629.0B660.4B
Non Current Liabilities Total19.1B26.7B28.1B54.6B66.9B70.3B
Inventory57.9B58.9B75.6B77.9B68.1B42.3B
Other Current Assets5.6B15.4B21.3B26.5B27.2B28.5B
Other Stockholder Equity88.1B(37.2T)179.6B181.5B180.8B189.8B
Total Liab159.1B200.7B249.7B321.1B332.6B349.2B
Property Plant And Equipment Gross46.0B46.0B58.7B88.5B120.7B126.7B
Total Current Assets139.1B234.8B299.7B351.1B307.8B323.2B
Accumulated Other Comprehensive Income5.6B(2.0B)(4.5B)2.5B7.0B7.4B
Short Term Debt3.2B8.8B11.0B19.8B12.8B8.4B
Intangible Assets15.0B17.6B20.2B43.0B46.5B48.8B
Common Stock380K381K404K208.9B240.2B252.3B
Short Long Term Debt Total18.8B31.6B34.1B65.0B68.4B71.9B
Other Assets6.9B15.4B23.2B20.3B23.4B24.5B
Short Term Investments24.6B60.6B114.6B141.1B118.3B124.2B
Property Plant Equipment35.1B46.0B58.7B88.5B101.8B106.9B
Net Tangible Assets60.2B159.1B176.3B147.3B169.3B177.8B
Long Term Debt10.1B12.5B9.4B30.2B42.0B44.1B
Long Term Investments57.0B97.6B82.3B69.3B137.6B144.5B
Short Long Term Debt0.03.3B4.4B12.1B5.0B6.3B
Other Liab3.5B3.9B5.0B9.4B10.8B11.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JD Inc Adr. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Broadline Retail 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 JD. If investors know JD 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 JD 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
0.966
Earnings Share
3.11
Revenue Per Share
711.043
Quarterly Revenue Growth
0.012
Return On Assets
0.0337
The market value of JD Inc Adr is measured differently than its book value, which is the value of JD that is recorded on the company's balance sheet. Investors also form their own opinion of JD's value that differs from its market value or its book value, called intrinsic value, which is JD's 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 JD's market value can be influenced by many factors that don't directly affect JD's 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 JD's value and its price as these two are different measures arrived at by different means. Investors typically determine if JD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JD's 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.