JPMorgan Net Receivables vs Other Current Assets Analysis

JEMI Stock   130.00  0.50  0.39%   
JPMorgan Global financial indicator trend analysis is infinitely more than just investigating JPMorgan Global Emerging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Global Emerging is a good investment. Please check the relationship between JPMorgan Global Net Receivables and its Other Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Global Emerging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Global Emerging Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JPMorgan Global's Net Receivables and Other Current Assets is -0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of JPMorgan Global Emerging, assuming nothing else is changed. The correlation between historical values of JPMorgan Global's Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of JPMorgan Global Emerging are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., JPMorgan Global's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from JPMorgan Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Global Emerging 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 JPMorgan Global Emerging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 817.5 K in 2024. Tax Provision is likely to drop to about 2.3 M in 2024

JPMorgan Global fundamental ratios Correlations

0.020.231.00.590.87-0.360.261.0-0.930.260.320.920.920.690.280.880.360.910.950.69-0.210.770.8-0.220.4
0.02-0.720.02-0.02-0.05-0.330.140.010.00.140.320.020.03-0.33-0.130.090.260.00.140.05-0.130.020.05-0.040.14
0.23-0.720.240.280.36-0.180.00.23-0.170.00.120.110.150.12-0.160.140.070.140.180.270.130.180.26-0.04-0.07
1.00.020.240.580.87-0.370.241.0-0.920.240.310.910.910.690.280.870.330.90.940.69-0.210.780.81-0.210.4
0.59-0.020.280.580.35-0.180.260.58-0.490.260.290.480.60.34-0.160.560.340.60.590.090.560.360.240.11-0.48
0.87-0.050.360.870.35-0.330.080.87-0.710.080.260.760.730.480.250.780.20.70.790.81-0.310.710.83-0.30.56
-0.36-0.33-0.18-0.37-0.18-0.33-0.06-0.360.29-0.060.01-0.18-0.22-0.060.33-0.1-0.04-0.15-0.44-0.420.23-0.58-0.560.11-0.31
0.260.140.00.240.260.08-0.060.23-0.321.00.320.350.390.370.080.490.880.410.450.050.01-0.14-0.09-0.15-0.05
1.00.010.231.00.580.87-0.360.23-0.920.230.30.910.910.690.280.870.320.90.940.69-0.220.790.82-0.220.41
-0.930.0-0.17-0.92-0.49-0.710.29-0.32-0.92-0.32-0.29-0.87-0.87-0.71-0.33-0.83-0.38-0.88-0.9-0.640.32-0.71-0.740.26-0.42
0.260.140.00.240.260.08-0.061.00.23-0.320.320.350.390.370.080.490.880.410.450.050.01-0.14-0.09-0.15-0.05
0.320.320.120.310.290.260.010.320.3-0.290.320.360.4-0.190.060.50.730.390.380.16-0.02-0.110.120.050.02
0.920.020.110.910.480.76-0.180.350.91-0.870.350.360.970.770.510.870.440.960.910.51-0.220.60.58-0.240.42
0.920.030.150.910.60.73-0.220.390.91-0.870.390.40.970.720.350.880.490.990.910.5-0.170.620.59-0.250.28
0.69-0.330.120.690.340.48-0.060.370.69-0.710.37-0.190.770.720.460.610.170.740.690.26-0.160.550.38-0.180.3
0.28-0.13-0.160.28-0.160.250.330.080.28-0.330.080.060.510.350.460.260.080.430.250.07-0.32-0.060.0-0.070.4
0.880.090.140.870.560.78-0.10.490.87-0.830.490.50.870.880.610.260.610.880.910.55-0.180.550.57-0.320.31
0.360.260.070.330.340.2-0.040.880.32-0.380.880.730.440.490.170.080.610.490.520.120.0-0.150.0-0.09-0.03
0.910.00.140.90.60.7-0.150.410.9-0.880.410.390.960.990.740.430.880.490.890.46-0.180.570.55-0.240.25
0.950.140.180.940.590.79-0.440.450.94-0.90.450.380.910.910.690.250.910.520.890.59-0.20.70.69-0.260.39
0.690.050.270.690.090.81-0.420.050.69-0.640.050.160.510.50.260.070.550.120.460.59-0.510.660.88-0.490.64
-0.21-0.130.13-0.210.56-0.310.230.01-0.220.320.01-0.02-0.22-0.17-0.16-0.32-0.180.0-0.18-0.2-0.51-0.35-0.480.44-0.83
0.770.020.180.780.360.71-0.58-0.140.79-0.71-0.14-0.110.60.620.55-0.060.55-0.150.570.70.66-0.350.87-0.340.48
0.80.050.260.810.240.83-0.56-0.090.82-0.74-0.090.120.580.590.380.00.570.00.550.690.88-0.480.87-0.250.6
-0.22-0.04-0.04-0.210.11-0.30.11-0.15-0.220.26-0.150.05-0.24-0.25-0.18-0.07-0.32-0.09-0.24-0.26-0.490.44-0.34-0.25-0.41
0.40.14-0.070.4-0.480.56-0.31-0.050.41-0.42-0.050.020.420.280.30.40.31-0.030.250.390.64-0.830.480.6-0.41
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JPMorgan Global Account Relationship Matchups

JPMorgan Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets410.6M481.7M453.3M469.5M471.3M422.1M
Other Current Liab(3.6M)(80K)13.2M(31.8M)(263K)(276.2K)
Total Current Liabilities3.6M80K3.3M31.6M539K512.1K
Total Stockholder Equity376.4M452.5M416.5M437.8M438.6M390.3M
Net Debt23.9M26.3M28.6M27.6M(3.2M)(3.0M)
Retained Earnings15.1M14.7M17.7M19.1M20.1M15.3M
Accounts Payable3.6M80K3.3M199K263K249.9K
Cash6.5M2.5M4.3M3.5M3.2M4.6M
Non Current Assets Total402.3M476.7M440.4M462.7M465.4M414.1M
Non Currrent Assets Other(402.3M)(476.7M)(440.4M)(462.7M)(465.4M)(488.6M)
Cash And Short Term Investments6.5M2.5M4.3M3.5M3.2M4.6M
Net Receivables1.8M2.5M8.6M3.4M2.8M3.4M
Common Stock Shares Outstanding295.9M296.9M297.2M296.7M294.2M289.8M
Liabilities And Stockholders Equity410.6M481.7M453.3M469.5M471.3M422.1M
Non Current Liabilities Total30.5M28.8M3.3M31.1M35.8M24.9M
Total Liab34.2M29.2M36.7M31.6M32.7M31.7M
Total Current Assets8.3M5.0M12.8M6.9M6.0M7.9M
Short Long Term Debt Total30.5M28.8M32.9M31.1M35.8M27.2M
Other Assets410.6M481.7M453.3M471.3M542.0M569.1M
Other Current Assets(8.3M)(5.0M)(12.8M)(6.9M)(6.0M)(6.3M)
Long Term Investments402.3M476.7M440.4M462.7M465.4M476.7M
Accumulated Other Comprehensive Income135.7M212.3M173.3M193.1M102.3M174.8M
Long Term Debt30.5M32.7M15.2M28.8M25.9M22.0M
Net Invested Capital406.9M481.3M449.4M468.9M469.8M493.0M

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