| JLG Stock | | | 4.09 0.09 2.15% |
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 Revenue and its Total 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 board of governors.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johns Lyng Group Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Johns Lyng's Total Revenue and Total Assets is 0.9. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total 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 Total Revenue and Total 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 Total Revenue of Johns Lyng Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Johns Lyng's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Johns Lyng Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
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 Profit | 106.6M | 155.8M | 289.2M | 303.7M | Total Revenue | 895.0M | 1.3B | 1.2B | 595.1M |
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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