| 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 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.
Total Assets vs Total Stockholder Equity
Total Assets 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 Total Assets account and
Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Johns Lyng's Total Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., Johns Lyng's Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.
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
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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Additional Tools for Johns Stock Analysis
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measure Johns Lyng'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 Johns Lyng is operating at the current time. Most of Johns Lyng's value examination focuses on studying past and present price action to
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