Johns Good Will vs Total Stockholder Equity Analysis

JLG Stock   3.77  0.04  1.05%   
Johns Lyng financial indicator trend analysis is infinitely more than just investigating Johns Lyng Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johns Lyng Group is a good investment. Please check the relationship between Johns Lyng Good Will and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johns Lyng Group. 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.

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johns Lyng Group Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Johns Lyng's Good Will and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Johns Lyng Group, assuming nothing else is changed. The correlation between historical values of Johns Lyng's Good Will and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Johns Lyng Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Johns Lyng's Good Will and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Johns Lyng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johns Lyng Group 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 Johns Lyng Group. 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 gain to about 107 M in 2024. Tax Provision is likely to gain to about 30.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit106.6M155.8M289.2M303.7M
Total Revenue895.0M1.3B1.2B595.1M

Johns Lyng fundamental ratios Correlations

0.980.080.890.990.970.920.98-0.310.960.860.830.99-0.44-0.340.830.890.990.940.97-0.340.34-0.870.90.590.1
0.980.00.90.950.970.870.99-0.320.940.890.860.96-0.45-0.420.860.880.940.940.99-0.310.3-0.880.910.640.0
0.080.00.210.07-0.03-0.12-0.070.14-0.03-0.09-0.010.140.040.63-0.010.040.140.01-0.060.590.56-0.110.16-0.550.66
0.890.90.210.840.880.730.88-0.430.790.950.910.86-0.69-0.290.910.970.840.910.87-0.280.44-0.731.00.510.24
0.990.950.070.840.960.940.96-0.240.970.810.760.99-0.35-0.340.760.861.00.930.94-0.340.29-0.870.840.590.07
0.970.97-0.030.880.960.860.97-0.250.950.90.80.96-0.47-0.380.80.90.950.930.96-0.410.2-0.790.890.630.09
0.920.87-0.120.730.940.860.93-0.420.950.760.780.91-0.28-0.420.780.790.90.90.9-0.540.3-0.870.750.67-0.16
0.980.99-0.070.880.960.970.93-0.390.970.90.870.96-0.46-0.440.870.90.950.960.99-0.450.29-0.880.90.68-0.05
-0.31-0.320.14-0.43-0.24-0.25-0.42-0.39-0.28-0.47-0.71-0.220.520.12-0.71-0.39-0.18-0.36-0.40.59-0.650.41-0.45-0.260.27
0.960.94-0.030.790.970.950.950.97-0.280.790.770.97-0.25-0.340.770.810.960.930.96-0.420.27-0.90.80.6-0.08
0.860.89-0.090.950.810.90.760.9-0.470.790.920.81-0.72-0.440.920.970.790.920.89-0.510.26-0.670.960.670.07
0.830.86-0.010.910.760.80.780.87-0.710.770.920.77-0.65-0.381.00.890.740.880.88-0.480.52-0.790.930.58-0.09
0.990.960.140.860.990.960.910.96-0.220.970.810.77-0.35-0.30.770.851.00.920.95-0.280.32-0.880.860.540.11
-0.44-0.450.04-0.69-0.35-0.47-0.28-0.460.52-0.25-0.72-0.65-0.350.27-0.65-0.68-0.34-0.44-0.430.37-0.30.13-0.67-0.38-0.32
-0.34-0.420.63-0.29-0.34-0.38-0.42-0.440.12-0.34-0.44-0.38-0.30.27-0.38-0.42-0.3-0.41-0.410.310.460.3-0.32-0.820.36
0.830.86-0.010.910.760.80.780.87-0.710.770.921.00.77-0.65-0.380.890.740.880.88-0.480.52-0.790.930.58-0.09
0.890.880.040.970.860.90.790.9-0.390.810.970.890.85-0.68-0.420.890.850.940.87-0.420.28-0.680.970.640.15
0.990.940.140.841.00.950.90.95-0.180.960.790.741.0-0.34-0.30.740.850.910.93-0.270.29-0.860.840.540.13
0.940.940.010.910.930.930.90.96-0.360.930.920.880.92-0.44-0.410.880.940.910.95-0.430.28-0.840.930.64-0.03
0.970.99-0.060.870.940.960.90.99-0.40.960.890.880.95-0.43-0.410.880.870.930.95-0.430.31-0.90.890.65-0.07
-0.34-0.310.59-0.28-0.34-0.41-0.54-0.450.59-0.42-0.51-0.48-0.280.370.31-0.48-0.42-0.27-0.43-0.43-0.010.22-0.32-0.510.33
0.340.30.560.440.290.20.30.29-0.650.270.260.520.32-0.30.460.520.280.290.280.31-0.01-0.460.42-0.220.15
-0.87-0.88-0.11-0.73-0.87-0.79-0.87-0.880.41-0.9-0.67-0.79-0.880.130.3-0.79-0.68-0.86-0.84-0.90.22-0.46-0.75-0.480.2
0.90.910.161.00.840.890.750.9-0.450.80.960.930.86-0.67-0.320.930.970.840.930.89-0.320.42-0.750.540.17
0.590.64-0.550.510.590.630.670.68-0.260.60.670.580.54-0.38-0.820.580.640.540.640.65-0.51-0.22-0.480.54-0.18
0.10.00.660.240.070.09-0.16-0.050.27-0.080.07-0.090.11-0.320.36-0.090.150.13-0.03-0.070.330.150.20.17-0.18
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Johns Lyng Account Relationship Matchups

Johns Lyng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets229.4M248.4M640.1M785.5M786.1M825.4M
Short Long Term Debt Total38.5M33.2M56.0M84.8M75.9M79.7M
Other Current Liab11.9M9.0M48.5M55.5M55.9M29.5M
Total Current Liabilities136.1M147.7M268.1M319.6M261.8M164.8M
Total Stockholder Equity51.8M65.6M319.7M358.7M451.0M473.5M
Other Liab5.0M4.8M9.6M9.2M10.6M11.2M
Net Tangible Assets1.1M17.4M40.7M75.8M87.1M91.5M
Property Plant And Equipment Net26.6M28.8M44.5M64.9M60.3M63.4M
Net Debt(8.3M)(10.1M)(1.0M)(45.2M)2.1M2.2M
Retained Earnings12.0M20.7M32.3M59.6M82.1M86.2M
Accounts Payable91.3M99.1M145.6M158.6M133.2M82.2M
Cash46.8M43.3M57.0M130.0M73.8M43.3M
Non Current Assets Total81.8M81.8M320.2M385.9M453.7M476.3M
Non Currrent Assets Other(77.3M)(76.9M)(314.0M)(248.1M)43.3M45.4M
Other Assets4.6M4.9M6.3M5.2M4.6M5.2M
Cash And Short Term Investments46.8M43.3M57.0M130.0M73.8M43.3M
Net Receivables97.0M119.5M254.0M247.8M247.4M124.5M
Good Will32.3M30.7M234.4M248.1M318.5M334.4M
Common Stock Shares Outstanding223.0M224.6M243.9M262.0M277.7M245.3M
Liabilities And Stockholders Equity229.4M248.4M640.1M785.5M786.1M825.4M
Non Current Liabilities Total34.2M27.2M39.2M71.7M64.0M67.2M
Inventory1.9M825K2.8M3.8M4.5M3.9M
Other Current Assets1.9M2.9M6.1M23.6M6.7M7.4M
Other Stockholder Equity(22.9M)(21.8M)(72.5M)(377.1M)(339.4M)(322.4M)
Total Liab170.3M175.0M307.3M391.3M325.8M190.5M
Short Long Term Debt2.5M3.4M19.5M5.7M5.2M5.4M
Total Current Assets147.6M166.6M319.8M399.6M332.4M180.1M
Accumulated Other Comprehensive Income(20.7M)(19.8M)(10.1M)(18.4M)(29.6M)(28.1M)
Short Term Debt9.3M10.7M26.4M22.3M23.4M15.0M
Intangible Assets50.7M48.2M269.4M283.0M43.3M70.5M
Common Stock60.5M64.7M297.5M317.5M398.5M418.5M
Property Plant Equipment26.6M28.8M44.5M64.9M74.7M78.4M
Long Term Debt Total29.2M22.5M29.6M62.5M71.9M75.5M
Current Deferred Revenue23.6M23.7M39.6M69.8M41.3M28.8M
Net Invested Capital68.7M76.8M350.4M400.1M485.3M509.5M
Property Plant And Equipment Gross26.6M53.6M80.7M110.3M120.5M126.5M
Net Working Capital11.5M18.9M42.2M80.0M70.6M39.4M
Capital Lease Obligations21.6M22.0M25.5M43.4M41.7M25.7M

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