Jupiter Intangible Assets vs Total Current Liabilities Analysis

JLHL Stock   1,513  13.20  0.88%   
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 Intangible Assets 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 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.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jupiter Life's Intangible Assets and Total Current Liabilities is 0.44. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities 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 Intangible Assets 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 Intangible Assets of Jupiter Life Line 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 Intangible Assets i.e., Jupiter Life's Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Jupiter Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jupiter Life Line 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 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 Expense366.5M422.7M263.4M357.3M
Depreciation And Amortization361.6M385.6M423.8M382.2M

Jupiter Life fundamental ratios Correlations

0.96-0.320.580.820.960.5-0.650.940.90.920.980.580.92-0.570.770.78-0.240.920.10.79-0.210.91-0.920.860.9
0.96-0.520.630.680.990.68-0.450.80.970.820.990.410.82-0.780.880.670.00.79-0.110.630.030.75-0.890.740.74
-0.32-0.52-0.670.2-0.5-0.88-0.45-0.07-0.6-0.07-0.450.54-0.050.68-0.520.27-0.79-0.190.690.27-0.82-0.030.170.110.06
0.580.63-0.670.380.670.61-0.190.40.710.590.640.030.57-0.430.70.20.180.62-0.470.320.230.37-0.490.440.42
0.820.680.20.380.710.0-0.960.860.60.960.750.920.97-0.210.590.96-0.720.830.41.0-0.70.85-0.850.990.94
0.960.99-0.50.670.710.69-0.480.80.990.851.00.430.85-0.760.910.69-0.020.82-0.160.660.010.74-0.920.760.77
0.50.68-0.880.610.00.690.280.210.80.240.64-0.320.23-0.840.730.010.680.33-0.74-0.050.70.15-0.490.080.15
-0.65-0.45-0.45-0.19-0.96-0.480.28-0.79-0.34-0.85-0.53-0.97-0.86-0.07-0.33-0.910.89-0.73-0.6-0.970.87-0.80.68-0.92-0.88
0.940.8-0.070.40.860.80.21-0.790.690.90.840.70.9-0.270.510.79-0.480.950.410.85-0.451.0-0.820.880.96
0.90.97-0.60.710.60.990.8-0.340.690.770.970.30.76-0.820.940.590.120.74-0.330.550.150.63-0.890.660.67
0.920.82-0.070.590.960.850.24-0.850.90.770.880.791.0-0.380.730.89-0.520.910.220.94-0.490.87-0.90.980.94
0.980.99-0.450.640.751.00.64-0.530.840.970.880.480.87-0.720.880.73-0.090.85-0.090.71-0.060.79-0.940.80.81
0.580.410.540.030.920.43-0.32-0.970.70.30.790.480.80.00.340.94-0.890.590.610.95-0.880.7-0.670.890.8
0.920.82-0.050.570.970.850.23-0.860.90.761.00.870.8-0.380.730.9-0.530.90.230.95-0.50.87-0.90.980.94
-0.57-0.780.68-0.43-0.21-0.76-0.84-0.07-0.27-0.82-0.38-0.720.0-0.38-0.86-0.32-0.45-0.250.51-0.16-0.46-0.190.61-0.3-0.2
0.770.88-0.520.70.590.910.73-0.330.510.940.730.880.340.73-0.860.610.10.58-0.420.540.120.44-0.840.650.55
0.780.670.270.20.960.690.01-0.910.790.590.890.730.940.9-0.320.61-0.690.70.40.96-0.680.77-0.860.950.87
-0.240.0-0.790.18-0.72-0.020.680.89-0.480.12-0.52-0.09-0.89-0.53-0.450.1-0.69-0.39-0.79-0.761.0-0.520.3-0.65-0.6
0.920.79-0.190.620.830.820.33-0.730.950.740.910.850.590.9-0.250.580.7-0.390.190.81-0.350.94-0.820.840.95
0.1-0.110.69-0.470.4-0.16-0.74-0.60.41-0.330.22-0.090.610.230.51-0.420.4-0.790.190.44-0.790.470.020.360.36
0.790.630.270.321.00.66-0.05-0.970.850.550.940.710.950.95-0.160.540.96-0.760.810.44-0.740.83-0.830.980.93
-0.210.03-0.820.23-0.70.010.70.87-0.450.15-0.49-0.06-0.88-0.5-0.460.12-0.681.0-0.35-0.79-0.74-0.480.28-0.63-0.57
0.910.75-0.030.370.850.740.15-0.81.00.630.870.790.70.87-0.190.440.77-0.520.940.470.83-0.48-0.770.850.95
-0.92-0.890.17-0.49-0.85-0.92-0.490.68-0.82-0.89-0.9-0.94-0.67-0.90.61-0.84-0.860.3-0.820.02-0.830.28-0.77-0.87-0.87
0.860.740.110.440.990.760.08-0.920.880.660.980.80.890.98-0.30.650.95-0.650.840.360.98-0.630.85-0.870.93
0.90.740.060.420.940.770.15-0.880.960.670.940.810.80.94-0.20.550.87-0.60.950.360.93-0.570.95-0.870.93
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Jupiter Life Account Relationship Matchups

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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.