| 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 Current Liabilities 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 Current Liabilities
Total Revenue vs Total Current Liabilities 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 Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Johns Lyng's Total Revenue and Total Current Liabilities is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Liabilities 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 Current Liabilities 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 Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Revenue i.e., Johns Lyng's Total Revenue and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.97 |
| 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 Current Liabilities
Total Current Liabilities is an item on Johns Lyng balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Johns Lyng Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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Additional Tools for Johns Stock Analysis
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