JJSF Extraordinary Items vs Tax Provision Analysis

JJSF Stock  USD 171.47  1.18  0.68%   
J J financial indicator trend analysis is infinitely more than just investigating J J Snack recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J J Snack is a good investment. Please check the relationship between J J Extraordinary Items and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Extraordinary Items vs Tax Provision

Extraordinary Items vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J J Snack Extraordinary Items account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between J J's Extraordinary Items and Tax Provision is 0.7. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Tax Provision in the same time period over historical financial statements of J J Snack, assuming nothing else is changed. The correlation between historical values of J J's Extraordinary Items and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of J J Snack are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Extraordinary Items i.e., J J's Extraordinary Items and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Extraordinary Items

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from J J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J J Snack 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 J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, J J's Enterprise Value Multiple is most likely to increase in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M4.7M1.8M1.2M
Depreciation And Amortization53.1M63.1M70.6M74.1M

J J fundamental ratios Correlations

0.770.930.980.990.940.340.960.150.97-0.120.170.970.770.870.970.57-0.340.950.770.880.690.850.770.940.74
0.770.720.780.670.930.760.57-0.280.860.34-0.30.780.30.980.830.54-0.290.930.910.470.790.940.430.920.97
0.930.720.890.920.910.440.89-0.040.95-0.03-0.020.920.710.830.920.29-0.370.880.840.720.460.820.630.90.68
0.980.780.890.960.920.350.930.140.94-0.140.150.990.740.860.970.61-0.340.950.710.870.750.870.830.930.76
0.990.670.920.960.890.220.990.250.92-0.230.280.950.820.780.940.54-0.340.880.680.920.620.770.790.880.64
0.940.930.910.920.890.580.82-0.080.980.1-0.070.920.570.980.950.52-0.330.990.920.720.730.940.610.980.88
0.340.760.440.350.220.580.12-0.830.560.57-0.830.43-0.090.70.510.23-0.210.590.71-0.110.370.750.050.620.69
0.960.570.890.930.990.820.120.310.88-0.320.360.910.840.70.890.53-0.350.820.60.940.570.690.80.820.54
0.15-0.28-0.040.140.25-0.08-0.830.31-0.1-0.570.970.030.38-0.21-0.050.130.06-0.07-0.290.570.14-0.310.31-0.14-0.21
0.970.860.950.940.920.980.560.88-0.10.07-0.090.960.680.940.980.51-0.340.970.870.730.650.930.670.990.81
-0.120.34-0.03-0.14-0.230.10.57-0.32-0.570.07-0.68-0.11-0.180.25-0.04-0.120.310.10.36-0.450.010.26-0.350.140.34
0.17-0.3-0.020.150.28-0.07-0.830.360.97-0.09-0.680.040.38-0.21-0.030.16-0.01-0.07-0.290.60.12-0.320.31-0.14-0.26
0.970.780.920.990.950.920.430.910.030.96-0.110.040.710.870.990.56-0.360.950.730.820.70.90.810.940.78
0.770.30.710.740.820.57-0.090.840.380.68-0.180.380.710.460.690.320.060.590.380.790.280.470.70.620.28
0.870.980.830.860.780.980.70.7-0.210.940.25-0.210.870.460.910.53-0.280.980.930.590.760.970.530.970.94
0.970.830.920.970.940.950.510.89-0.050.98-0.04-0.030.990.690.910.57-0.330.970.790.780.690.930.770.970.81
0.570.540.290.610.540.520.230.530.130.51-0.120.160.560.320.530.57-0.340.580.250.560.830.550.580.540.48
-0.34-0.29-0.37-0.34-0.34-0.33-0.21-0.350.06-0.340.31-0.01-0.360.06-0.28-0.33-0.34-0.32-0.23-0.28-0.32-0.26-0.23-0.29-0.2
0.950.930.880.950.880.990.590.82-0.070.970.1-0.070.950.590.980.970.58-0.320.870.720.780.960.670.990.9
0.770.910.840.710.680.920.710.6-0.290.870.36-0.290.730.380.930.790.25-0.230.870.440.530.860.320.890.85
0.880.470.720.870.920.72-0.110.940.570.73-0.450.60.820.790.590.780.56-0.280.720.440.630.550.810.690.48
0.690.790.460.750.620.730.370.570.140.650.010.120.70.280.760.690.83-0.320.780.530.630.730.60.710.78
0.850.940.820.870.770.940.750.69-0.310.930.26-0.320.90.470.970.930.55-0.260.960.860.550.730.610.970.92
0.770.430.630.830.790.610.050.80.310.67-0.350.310.810.70.530.770.58-0.230.670.320.810.60.610.650.45
0.940.920.90.930.880.980.620.82-0.140.990.14-0.140.940.620.970.970.54-0.290.990.890.690.710.970.650.88
0.740.970.680.760.640.880.690.54-0.210.810.34-0.260.780.280.940.810.48-0.20.90.850.480.780.920.450.88
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J J Account Relationship Matchups

J J fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.2B1.3B1.4B1.4B
Short Long Term Debt Total61.6M60.5M111.6M121.9M160.5M168.5M
Other Current Liab33.9M43.7M46.4M67.5M65.5M68.8M
Total Current Liabilities134.1M167.6M181.8M174.9M174.1M182.8M
Total Stockholder Equity809.5M845.7M863.2M911.5M957.0M1.0B
Property Plant And Equipment Net319.7M321.7M386.5M474.8M543.6M570.7M
Net Debt(134.2M)(222.7M)76.4M72.3M87.1M91.5M
Retained Earnings775.8M785.4M782.9M807.1M835.8M877.5M
Cash195.8M283.2M35.2M49.6M73.4M60.0M
Non Current Assets Total557.0M537.5M772.3M847.0M914.7M960.4M
Non Currrent Assets Other(26.5M)(59.6M)(24.0M)3.7M3.8M4.0M
Cash And Short Term Investments247.0M291.2M39.2M49.6M73.4M72.3M
Net Receivables126.6M162.9M208.2M198.1M189.2M198.7M
Common Stock Shares Outstanding19.0M19.1M19.2M19.3M19.4M20.3M
Liabilities And Stockholders Equity1.1B1.1B1.2B1.3B1.4B1.4B
Non Current Liabilities Total112.9M108.9M172.0M190.8M234.1M245.8M
Inventory108.9M123.2M180.5M171.5M173.1M181.8M
Other Current Assets34.2M15.0M33.6M11.0M14.6M13.6M
Other Stockholder Equity413K(13.4M)(13.7M)(1.0)(1.15)(1.09)
Total Liab247.1M276.6M353.8M365.7M408.1M428.5M
Property Plant And Equipment Gross319.7M267.2M335.4M1.0B1.2B1.3B
Total Current Assets499.6M584.8M444.6M430.2M450.4M472.9M
Accumulated Other Comprehensive Income(15.6M)(13.4M)(13.7M)(10.2M)(15.3M)(16.1M)
Short Term Debt27.0M27.2M27.3M16.7M19.3M20.3M
Intangible Assets80.4M77.8M191.7M183.5M182.3M191.4M
Accounts Payable73.1M96.8M108.1M90.8M89.3M50.1M
Good Will123.0M121.8M184.4M185.1M212.8M223.5M
Common Stock Total Equity45.7M49.3M73.6M94.0M108.1M113.5M
Common Stock49.3M73.6M94.0M114.6M136.5M143.3M
Other Liab63.6M64.9M62.0M74.0M85.2M89.4M
Other Assets2.8M2.9M2.0M4.0M4.6M2.9M
Property Plant Equipment253.4M261.6M321.7M386.5M444.5M466.7M
Current Deferred Revenue1.3M1.1M10K(24.7M)(22.2M)(21.1M)
Net Tangible Assets676.3M857.6M646.0M487.0M560.1M642.5M
Capital Lease Obligations61.6M60.5M56.6M94.9M109.1M114.6M

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When determining whether J J Snack is a strong investment it is important to analyze J J'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 J J's future performance. For an informed investment choice regarding JJSF 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 J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Packaged Foods & Meats 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 J J. If investors know JJSF 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 J J 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
(0.03)
Earnings Share
4.45
Revenue Per Share
81.219
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0556
The market value of J J Snack is measured differently than its book value, which is the value of JJSF that is recorded on the company's balance sheet. Investors also form their own opinion of J J's value that differs from its market value or its book value, called intrinsic value, which is J J'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 J J's market value can be influenced by many factors that don't directly affect J J'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 J J's value and its price as these two are different measures arrived at by different means. Investors typically determine if J J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J J'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.