JPMorgan Non Current Assets Total vs Retained Earnings 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 Non Current Assets Total and its Retained Earnings 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.
Non Current Assets Total vs Retained Earnings
Non Current Assets Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Global Emerging Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JPMorgan Global's Non Current Assets Total and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings 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 Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of JPMorgan Global Emerging are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., JPMorgan Global's Non Current Assets Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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.