Jeld Change To Inventory vs Depreciation Analysis
JELD Stock | USD 10.48 0.27 2.64% |
Jeld Wen financial indicator trend analysis is infinitely more than just investigating Jeld Wen Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jeld Wen Holding is a good investment. Please check the relationship between Jeld Wen Change To Inventory and its Depreciation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeld Wen Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Change To Inventory vs Depreciation
Change To Inventory vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jeld Wen Holding Change To Inventory account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Jeld Wen's Change To Inventory and Depreciation is 0.08. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Depreciation in the same time period over historical financial statements of Jeld Wen Holding, assuming nothing else is changed. The correlation between historical values of Jeld Wen's Change To Inventory and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Jeld Wen Holding are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Inventory i.e., Jeld Wen's Change To Inventory and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Depreciation
Depreciation indicates how much of Jeld Wen Holding value has been used up. For tax purposes Jeld Wen can deduct the cost of the tangible assets it purchases as business expenses. However, Jeld Wen Holding must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Jeld Wen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jeld Wen Holding 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 Jeld Wen Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Jeld Wen's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 3.8 M, whereas Discontinued Operations is forecasted to decline to (4 M).
2022 | 2023 | 2024 (projected) | Interest Expense | 82.1M | 72.3M | 81.4M | Depreciation And Amortization | 131.8M | 140.2M | 132.1M |
Jeld Wen fundamental ratios Correlations
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Jeld Wen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jeld Wen fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 101.5M | 101.7M | 98.4M | 87.1M | 85.9M | 103.1M | |
Total Assets | 3.4B | 4.0B | 3.7B | 3.5B | 3.0B | 3.3B | |
Short Long Term Debt Total | 1.7B | 2.0B | 1.9B | 1.9B | 1.4B | 1.7B | |
Other Current Liab | 354.7M | 404.4M | 319.3M | 382.6M | 290.5M | 363.8M | |
Total Current Liabilities | 768.8M | 867.6M | 888.9M | 786.6M | 678.9M | 744.0M | |
Total Stockholder Equity | 812.1M | 1.0B | 842.2M | 723.5M | 850.6M | 740.6M | |
Other Liab | 184.9M | 324.6M | 301.3M | 142.1M | 163.4M | 241.3M | |
Net Tangible Assets | (40.7M) | 118.5M | 842.2M | 70.9M | 81.6M | 85.7M | |
Property Plant And Equipment Net | 1.1B | 1.1B | 1.0B | 930.4M | 791.2M | 952.2M | |
Current Deferred Revenue | 8.0M | 13.5M | 13.9M | 24.8M | 7.2M | 13.0M | |
Net Debt | 1.5B | 1.3B | 1.5B | 1.7B | 1.1B | 1.4B | |
Retained Earnings | 290.6M | 371.5M | 215.6M | 130.5M | 192.9M | 163.8M | |
Accounts Payable | 295M | 269.9M | 418.8M | 287.0M | 269.3M | 284.8M | |
Cash | 226M | 735.8M | 395.6M | 219.4M | 288.3M | 277.7M | |
Non Current Assets Total | 2.1B | 2.2B | 2.0B | 1.8B | 1.5B | 2.0B | |
Non Currrent Assets Other | 18.0M | 31.6M | 26.6M | 27.6M | 30.1M | 28.6M | |
Other Assets | 218.8M | 445.5M | 2.0B | 222.8M | 256.2M | 458.3M | |
Long Term Debt | 1.5B | 1.7B | 1.7B | 1.7B | 1.2B | 1.5B | |
Cash And Short Term Investments | 226M | 735.8M | 395.6M | 219.4M | 288.3M | 277.7M | |
Net Receivables | 478.8M | 477.5M | 552.0M | 544.5M | 516.7M | 504.7M | |
Good Will | 602.5M | 639.9M | 545.2M | 460.5M | 390.2M | 417.4M | |
Common Stock Total Equity | 1.0M | 1.0M | 902K | 843K | 969.5K | 781K | |
Liabilities And Stockholders Equity | 3.4B | 4.0B | 3.7B | 3.5B | 3.0B | 3.3B | |
Non Current Liabilities Total | 1.8B | 2.1B | 2.0B | 2.0B | 1.5B | 1.8B | |
Inventory | 505.1M | 512.2M | 616M | 666.5M | 481.5M | 521.1M | |
Other Current Assets | 738.2M | 35.1M | 176.2M | 390.7M | 207.9M | 332.4M | |
Other Stockholder Equity | 671.8M | 690.7M | 719.5M | 734.9M | 752.2M | 553.5M | |
Total Liab | 2.6B | 3.0B | 2.9B | 2.8B | 2.1B | 2.8B | |
Deferred Long Term Liab | 8.7M | 98.7M | 112.1M | 106.6M | 122.6M | 128.7M | |
Property Plant And Equipment Gross | 1.1B | 1.1B | 2.3B | 2.3B | 2.1B | 1.4B | |
Short Long Term Debt | 65.8M | 66.7M | 38.6M | 34.4M | 36.2M | 39.3M | |
Total Current Assets | 1.2B | 1.8B | 1.7B | 1.7B | 1.5B | 1.3B | |
Accumulated Other Comprehensive Income | (151.3M) | (58.7M) | (93.7M) | (142.6M) | (95.3M) | (100.1M) | |
Short Term Debt | 111.1M | 111.0M | 82.4M | 65.2M | 68.7M | 61.2M | |
Intangible Assets | 250.3M | 246.1M | 222.2M | 192.1M | 123.9M | 183.8M | |
Common Stock | 1.0M | 1.0M | 902K | 843K | 853K | 796.7K | |
Property Plant Equipment | 1.1B | 1.1B | 1.0B | 930.4M | 1.1B | 961.3M | |
Long Term Debt Total | 1.5B | 1.7B | 1.7B | 1.7B | 2.0B | 1.7B |
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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.When determining whether Jeld Wen Holding is a strong investment it is important to analyze Jeld Wen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jeld Wen's future performance. For an informed investment choice regarding Jeld Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeld Wen Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 Jeld Wen. If investors know Jeld 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 Jeld Wen 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 (0.15) | Earnings Share (1.67) | Revenue Per Share 45.815 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0118 |
The market value of Jeld Wen Holding is measured differently than its book value, which is the value of Jeld that is recorded on the company's balance sheet. Investors also form their own opinion of Jeld Wen's value that differs from its market value or its book value, called intrinsic value, which is Jeld Wen'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 Jeld Wen's market value can be influenced by many factors that don't directly affect Jeld Wen'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 Jeld Wen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jeld Wen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jeld Wen'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.