Jupiter Non Current Assets Total vs Cash And Short Term Investments 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 Non Current Assets Total and its Cash And Short Term Investments 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.

Non Current Assets Total vs Cash And Short Term Investments

Non Current Assets Total vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Non Current Assets Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jupiter Life's Non Current Assets Total and Cash And Short Term Investments is 0.87. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash And Short Term Investments 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 Non Current Assets Total and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Jupiter Life Line are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Assets Total i.e., Jupiter Life's Non Current Assets Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Jupiter Life Line balance sheet. This account contains Jupiter Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Jupiter Life Line fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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
Click cells to compare fundamentals

Jupiter Life Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Jupiter Stock Analysis

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.