Jupiter Selling General Administrative vs Depreciation And Amortization 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 Selling General Administrative and its Depreciation And Amortization 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.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jupiter Life's Selling General Administrative and Depreciation And Amortization is 0.96. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization 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 Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Jupiter Life Line are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Jupiter Life's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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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