Jupiter Retained Earnings vs Inventory 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 Retained Earnings and its Inventory 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Retained Earnings account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jupiter Life's Retained Earnings and Inventory is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory 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 Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Jupiter Life Line are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Jupiter Life's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Inventory

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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