Johns Non Current Assets Total vs Total Current Assets Analysis
| JLG Stock | | | 3.90 0.01 0.26% |
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 Non Current Assets Total and its Total Current Assets 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 producer price index.
Non Current Assets Total vs Total Current Assets
Non Current Assets Total vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johns LYNG Group Non Current Assets Total account and
Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Johns LYNG's Non Current Assets Total and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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 Non Current Assets Total and Total 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 Non Current Assets Total of Johns LYNG Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., Johns LYNG's Non Current Assets Total and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very 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.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 producer price index.
Selling General Administrative is likely to gain to about 123.1
M in 2025.
Tax Provision is likely to gain to about 35
M in 2025
Johns LYNG fundamental ratios Correlations
Click cells to compare fundamentals
Johns LYNG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johns LYNG fundamental ratios Accounts
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