Jupiter Total Assets vs Total Revenue 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 Total Assets and its Total Revenue 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.
Total Assets vs Total Revenue
Total Assets vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Total Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jupiter Life's Total Assets and Total Revenue is 0.97. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Revenue 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 Total Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Jupiter Life Line are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Assets i.e., Jupiter Life's Total Assets and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Jupiter Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jupiter Life Line books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Revenue
Total revenue comprises all receipts Jupiter Life Line generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.