Johnson Net Debt vs Total Assets Analysis

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 Net Debt and its Total Assets 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.

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Matthey PLC Net Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Johnson Matthey's Net Debt and Total Assets is 0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Assets 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 Net Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Johnson Matthey PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Debt i.e., Johnson Matthey's Net Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Assets

Total assets refers to the total amount of Johnson Matthey 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 Johnson Matthey PLC 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.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	82M	90M	132M	138.6M
Depreciation And Amortization	177M	187M	192M	100.2M

Interest Expense Depreciation And Amortization

Johnson Matthey fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.94	0.91	0.96	0.84	0.83	0.65	0.96	0.71	0.84	0.96	-0.24	0.85	0.67	0.62	0.56	0.92	0.87	0.23	0.7	0.99	0.71	0.99	0.24	0.66	0.66
Short Long Term Debt Total	0.94		0.8	0.85	0.75	0.77	0.69	0.9	0.57	0.84	0.94	-0.05	0.84	0.71	0.65	0.55	0.95	0.73	0.4	0.72	0.92	0.79	0.9	0.27	0.7	0.63
Other Current Liab	0.91	0.8		0.96	0.69	0.68	0.52	0.82	0.55	0.74	0.83	-0.32	0.76	0.42	0.37	0.66	0.78	0.86	0.15	0.47	0.94	0.65	0.95	0.22	0.41	0.53
Total Current Liabilities	0.96	0.85	0.96		0.73	0.73	0.57	0.84	0.69	0.78	0.88	-0.29	0.8	0.49	0.44	0.66	0.85	0.89	0.21	0.59	0.98	0.7	0.98	0.29	0.47	0.7
Total Stockholder Equity	0.84	0.75	0.69	0.73		0.96	0.79	0.9	0.76	0.63	0.81	-0.42	0.64	0.72	0.68	0.15	0.7	0.87	-0.12	0.59	0.78	0.38	0.79	0.26	0.71	0.44
Property Plant And Equipment Net	0.83	0.77	0.68	0.73	0.96		0.85	0.86	0.79	0.6	0.84	-0.35	0.62	0.8	0.73	0.15	0.74	0.84	-0.01	0.67	0.78	0.43	0.77	0.29	0.78	0.43
Net Debt	0.65	0.69	0.52	0.57	0.79	0.85		0.65	0.58	0.31	0.69	-0.29	0.33	0.68	0.62	-0.01	0.57	0.74	0.0	0.51	0.62	0.33	0.6	0.64	0.66	0.3
Retained Earnings	0.96	0.9	0.82	0.84	0.9	0.86	0.65		0.66	0.79	0.94	-0.23	0.8	0.75	0.73	0.38	0.86	0.79	0.18	0.69	0.9	0.6	0.91	0.2	0.75	0.55
Accounts Payable	0.71	0.57	0.55	0.69	0.76	0.79	0.58	0.66		0.53	0.7	-0.39	0.57	0.64	0.61	0.23	0.7	0.77	-0.1	0.73	0.7	0.36	0.7	0.16	0.63	0.44
Cash	0.84	0.84	0.74	0.78	0.63	0.6	0.31	0.79	0.53		0.76	-0.06	1.0	0.47	0.39	0.73	0.87	0.62	0.32	0.56	0.83	0.77	0.84	-0.2	0.45	0.68
Non Current Assets Total	0.96	0.94	0.83	0.88	0.81	0.84	0.69	0.94	0.7	0.76		-0.14	0.77	0.8	0.75	0.45	0.94	0.77	0.32	0.81	0.94	0.7	0.91	0.28	0.79	0.6
Non Currrent Assets Other	-0.24	-0.05	-0.32	-0.29	-0.42	-0.35	-0.29	-0.23	-0.39	-0.06	-0.14		-0.11	0.08	0.0	0.12	-0.05	-0.55	0.77	0.22	-0.25	0.39	-0.28	-0.09	0.07	-0.04
Cash And Short Term Investments	0.85	0.84	0.76	0.8	0.64	0.62	0.33	0.8	0.57	1.0	0.77	-0.11		0.47	0.39	0.73	0.88	0.66	0.28	0.56	0.85	0.77	0.86	-0.18	0.45	0.69
Common Stock Total Equity	0.67	0.71	0.42	0.49	0.72	0.8	0.68	0.75	0.64	0.47	0.8	0.08	0.47		0.97	-0.02	0.7	0.45	0.27	0.88	0.6	0.47	0.55	0.27	1.0	0.2
Common Stock Shares Outstanding	0.62	0.65	0.37	0.44	0.68	0.73	0.62	0.73	0.61	0.39	0.75	0.0	0.39	0.97		-0.14	0.63	0.41	0.15	0.82	0.54	0.36	0.5	0.3	0.98	0.15
Short Term Investments	0.56	0.55	0.66	0.66	0.15	0.15	-0.01	0.38	0.23	0.73	0.45	0.12	0.73	-0.02	-0.14		0.63	0.41	0.52	0.29	0.63	0.73	0.64	-0.2	-0.04	0.6
Non Current Liabilities Total	0.92	0.95	0.78	0.85	0.7	0.74	0.57	0.86	0.7	0.87	0.94	-0.05	0.88	0.7	0.63	0.63		0.71	0.42	0.81	0.92	0.8	0.89	0.09	0.69	0.64
Inventory	0.87	0.73	0.86	0.89	0.87	0.84	0.74	0.79	0.77	0.62	0.77	-0.55	0.66	0.45	0.41	0.41	0.71		-0.14	0.46	0.87	0.45	0.89	0.37	0.44	0.55
Other Current Assets	0.23	0.4	0.15	0.21	-0.12	-0.01	0.0	0.18	-0.1	0.32	0.32	0.77	0.28	0.27	0.15	0.52	0.42	-0.14		0.46	0.26	0.65	0.2	0.01	0.26	0.36
Other Stockholder Equity	0.7	0.72	0.47	0.59	0.59	0.67	0.51	0.69	0.73	0.56	0.81	0.22	0.56	0.88	0.82	0.29	0.81	0.46	0.46		0.67	0.64	0.62	0.19	0.87	0.39
Total Liab	0.99	0.92	0.94	0.98	0.78	0.78	0.62	0.9	0.7	0.83	0.94	-0.25	0.85	0.6	0.54	0.63	0.92	0.87	0.26	0.67		0.74	0.99	0.25	0.59	0.68
Property Plant And Equipment Gross	0.71	0.79	0.65	0.7	0.38	0.43	0.33	0.6	0.36	0.77	0.7	0.39	0.77	0.47	0.36	0.73	0.8	0.45	0.65	0.64	0.74		0.72	0.09	0.44	0.62
Total Current Assets	0.99	0.9	0.95	0.98	0.79	0.77	0.6	0.91	0.7	0.84	0.91	-0.28	0.86	0.55	0.5	0.64	0.89	0.89	0.2	0.62	0.99	0.72		0.23	0.54	0.67
Short Term Debt	0.24	0.27	0.22	0.29	0.26	0.29	0.64	0.2	0.16	-0.2	0.28	-0.09	-0.18	0.27	0.3	-0.2	0.09	0.37	0.01	0.19	0.25	0.09	0.23		0.27	0.15
Common Stock	0.66	0.7	0.41	0.47	0.71	0.78	0.66	0.75	0.63	0.45	0.79	0.07	0.45	1.0	0.98	-0.04	0.69	0.44	0.26	0.87	0.59	0.44	0.54	0.27		0.18
Current Deferred Revenue	0.66	0.63	0.53	0.7	0.44	0.43	0.3	0.55	0.44	0.68	0.6	-0.04	0.69	0.2	0.15	0.6	0.64	0.55	0.36	0.39	0.68	0.62	0.67	0.15	0.18

Click cells to compare fundamentals

Johnson Matthey Account Relationship Matchups

Johnson Matthey fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.4B	7.7B	6.7B	7.0B	6.3B	6.7B
Short Long Term Debt Total	1.4B	1.4B	1.3B	1.7B	1.5B	1.6B
Other Current Liab	2.1B	2.2B	1.7B	1.6B	1.5B	1.6B
Total Current Liabilities	3.3B	3.6B	3.2B	2.9B	2.5B	2.6B
Total Stockholder Equity	2.8B	2.7B	2.4B	2.5B	2.4B	1.3B
Property Plant And Equipment Net	1.5B	1.5B	1.3B	1.4B	1.5B	778.9M
Net Debt	1.1B	795M	860M	1.0B	951M	477.9M
Accounts Payable	677M	996M	753M	831M	655M	391.8M
Cash	304M	581M	391M	650M	542M	569.1M
Non Current Assets Total	3.0B	2.9B	2.5B	2.7B	2.7B	2.8B
Non Currrent Assets Other	(200M)	(310M)	28M	(105M)	197M	206.9M
Cash And Short Term Investments	332M	625M	418M	697M	542M	569.1M
Common Stock Shares Outstanding	192.8M	193.0M	191.6M	183.9M	184.3M	198.0M
Short Term Investments	28M	44M	27M	47M	53M	55.7M
Liabilities And Stockholders Equity	7.4B	7.7B	6.7B	7.0B	6.3B	6.7B
Non Current Liabilities Total	1.1B	1.3B	1.5B	1.6B	1.4B	1.5B
Inventory	1.9B	1.8B	1.5B	1.7B	1.2B	615.3M
Other Stockholder Equity	103M	116M	124M	129M	167M	155.1M
Total Liab	4.5B	5.1B	4.2B	4.5B	4.0B	4.2B
Property Plant And Equipment Gross	1.5B	1.5B	3.0B	3.2B	3.3B	3.5B
Total Current Assets	4.3B	4.9B	4.2B	4.4B	3.7B	3.8B
Short Term Debt	374M	84M	312M	177M	130M	143.5M
Current Deferred Revenue	134M	184M	273M	181M	177M	185.9M
Accumulated Other Comprehensive Income	142M	(5M)	50M	118M	36M	37.8M
Intangible Assets	976M	913M	633M	651M	301M	279.0M
Other Liab	211M	193M	158M	132M	151.8M	163.5M
Long Term Debt	988M	1.3B	899M	1.5B	1.3B	762.8M
Net Receivables	2.0B	2.3B	1.8B	1.9B	1.7B	968.0M
Good Will	580M	554M	366M	364M	353M	480.8M
Property Plant Equipment	1.3B	1.5B	1.5B	1.3B	1.5B	993.4M
Other Assets	524M	475M	494M	487M	560.1M	588.1M
Net Tangible Assets	1.9B	1.9B	1.8B	1.9B	2.2B	1.7B
Deferred Long Term Liab	75M	78M	91M	2M	1.8M	1.7M
Short Long Term Debt	362M	62M	302M	168M	122M	197.2M

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Johnson Stock Analysis

When running Johnson Matthey's price analysis, check to 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 predict the probability of Johnson Matthey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Matthey's price. Additionally, you may evaluate how the addition of Johnson Matthey to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Johnson Net Debt vs Total Assets Analysis

Net Debt vs Total Assets

Net Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Net Debt

Total Assets

Johnson Matthey fundamental ratios Correlations

Johnson Matthey Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Johnson Matthey fundamental ratios Accounts

Also Currently Popular

Additional Tools for Johnson Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Liab
Total Liab	+ 0.98	Total Current Liabilities

Inventory	- 0.55	Non Currrent Assets Other
Non Currrent Assets Other	- 0.42	Total Stockholder Equity
Non Currrent Assets Other	- 0.39	Accounts Payable
Non Currrent Assets Other	- 0.35	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.32	Other Current Liab
Non Currrent Assets Other	- 0.29	Net Debt