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 Direction | Negative |
Relationship Strength | Insignificant |
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
Click cells to compare fundamentals
JPMorgan Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JPMorgan Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 410.6M | 481.7M | 453.3M | 469.5M | 471.3M | 422.1M | |
Other Current Liab | (3.6M) | (80K) | 13.2M | (31.8M) | (263K) | (276.2K) | |
Total Current Liabilities | 3.6M | 80K | 3.3M | 31.6M | 539K | 512.1K | |
Total Stockholder Equity | 376.4M | 452.5M | 416.5M | 437.8M | 438.6M | 390.3M | |
Net Debt | 23.9M | 26.3M | 28.6M | 27.6M | (3.2M) | (3.0M) | |
Retained Earnings | 15.1M | 14.7M | 17.7M | 19.1M | 20.1M | 15.3M | |
Accounts Payable | 3.6M | 80K | 3.3M | 199K | 263K | 249.9K | |
Cash | 6.5M | 2.5M | 4.3M | 3.5M | 3.2M | 4.6M | |
Non Current Assets Total | 402.3M | 476.7M | 440.4M | 462.7M | 465.4M | 414.1M | |
Non Currrent Assets Other | (402.3M) | (476.7M) | (440.4M) | (462.7M) | (465.4M) | (488.6M) | |
Cash And Short Term Investments | 6.5M | 2.5M | 4.3M | 3.5M | 3.2M | 4.6M | |
Net Receivables | 1.8M | 2.5M | 8.6M | 3.4M | 2.8M | 3.4M | |
Common Stock Shares Outstanding | 295.9M | 296.9M | 297.2M | 296.7M | 294.2M | 289.8M | |
Liabilities And Stockholders Equity | 410.6M | 481.7M | 453.3M | 469.5M | 471.3M | 422.1M | |
Non Current Liabilities Total | 30.5M | 28.8M | 3.3M | 31.1M | 35.8M | 24.9M | |
Total Liab | 34.2M | 29.2M | 36.7M | 31.6M | 32.7M | 31.7M | |
Total Current Assets | 8.3M | 5.0M | 12.8M | 6.9M | 6.0M | 7.9M | |
Short Long Term Debt Total | 30.5M | 28.8M | 32.9M | 31.1M | 35.8M | 27.2M | |
Other Assets | 410.6M | 481.7M | 453.3M | 471.3M | 542.0M | 569.1M | |
Other Current Assets | (8.3M) | (5.0M) | (12.8M) | (6.9M) | (6.0M) | (6.3M) | |
Long Term Investments | 402.3M | 476.7M | 440.4M | 462.7M | 465.4M | 476.7M | |
Accumulated Other Comprehensive Income | 135.7M | 212.3M | 173.3M | 193.1M | 102.3M | 174.8M | |
Long Term Debt | 30.5M | 32.7M | 15.2M | 28.8M | 25.9M | 22.0M | |
Net Invested Capital | 406.9M | 481.3M | 449.4M | 468.9M | 469.8M | 493.0M |
Also Currently Popular
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.Additional Tools for JPMorgan Stock Analysis
When running JPMorgan Global's price analysis, check to measure JPMorgan Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JPMorgan Global is operating at the current time. Most of JPMorgan Global's value examination focuses on studying past and present price action to predict the probability of JPMorgan Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JPMorgan Global's price. Additionally, you may evaluate how the addition of JPMorgan Global to your portfolios can decrease your overall portfolio volatility.