Johns Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johns Lyng Group Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Johns Lyng's Total Assets and Non Currrent Assets Other is -0.44. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Johns Lyng Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Johns Lyng's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Johns Lyng assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Johns Lyng Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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