Jupiter Current Deferred Revenue vs Retained Earnings Analysis
JLHL Stock | 1,516 9.60 0.63% |
Jupiter Life financial indicator trend analysis is infinitely more than just investigating Jupiter Life Line recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Life Line is a good investment. Please check the relationship between Jupiter Life Current Deferred Revenue and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Life Line. 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.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jupiter Life's Current Deferred Revenue and Retained Earnings is 0.21. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jupiter Life Line, assuming nothing else is changed. The correlation between historical values of Jupiter Life's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Jupiter Life Line are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Jupiter Life's Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Jupiter Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Life Line 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 Jupiter Life Line. 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 drop to about 2.1 B in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 366.5M | 422.7M | 263.4M | 357.3M | Depreciation And Amortization | 361.6M | 385.6M | 423.8M | 382.2M |
Jupiter Life fundamental ratios Correlations
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Jupiter Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Jupiter Life's price analysis, check to measure Jupiter Life'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 Jupiter Life is operating at the current time. Most of Jupiter Life's value examination focuses on studying past and present price action to predict the probability of Jupiter Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Life's price. Additionally, you may evaluate how the addition of Jupiter Life to your portfolios can decrease your overall portfolio volatility.