JMAT Stock | | | 1,359 29.00 2.18% |
Johnson Matthey financial indicator trend analysis is infinitely more than just investigating Johnson Matthey PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Matthey PLC is a good investment. Please check the relationship between Johnson Matthey Current Deferred Revenue and its Total Stockholder Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Matthey PLC. 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.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johnson Matthey PLC Current Deferred Revenue account and
Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Johnson Matthey's Current Deferred Revenue and Total Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Johnson Matthey PLC, assuming nothing else is changed. The correlation between historical values of Johnson Matthey's Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Johnson Matthey PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Johnson Matthey's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Johnson Matthey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Matthey PLC 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 Johnson Matthey PLC. 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.
At this time, Johnson Matthey's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 64.9
M in 2024, whereas
Discontinued Operations is likely to drop (205.1
M) in 2024.
Johnson Matthey fundamental ratios Correlations
Click cells to compare fundamentals
Johnson Matthey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Matthey fundamental ratios Accounts
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measure Johnson Matthey'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 Johnson Matthey is operating at the current time. Most of Johnson Matthey's value examination focuses on studying past and present price action to
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