JOUT Stock | | | USD 32.51 0.84 2.65% |
Johnson Outdoors financial indicator trend analysis is infinitely more than just investigating Johnson Outdoors recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Outdoors is a good investment. Please check the relationship between Johnson Outdoors Cost Of Revenue and its Reconciled Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Johnson Stock please use our
How to Invest in Johnson Outdoors guide.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johnson Outdoors Cost Of Revenue account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Johnson Outdoors' Cost Of Revenue and Reconciled Depreciation is 0.63. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Johnson Outdoors, assuming nothing else is changed. The correlation between historical values of Johnson Outdoors' Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Johnson Outdoors are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Johnson Outdoors' Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Johnson Outdoors income statement and represents the costs associated with goods and services Johnson Outdoors provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Reconciled Depreciation
Most indicators from Johnson Outdoors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Outdoors 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 Outdoors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Johnson Stock please use our
How to Invest in Johnson Outdoors guide.
Sales General And Administrative To Revenue is likely to gain to 0.10 in 2024, whereas
Selling General Administrative is likely to drop slightly above 49.2
M in 2024.
Johnson Outdoors fundamental ratios Correlations
Click cells to compare fundamentals
Johnson Outdoors Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Outdoors fundamental ratios Accounts
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Additional Tools for Johnson Stock Analysis
When running Johnson Outdoors' price analysis, check to
measure Johnson Outdoors' 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 Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to
predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.