JOUT Stock | | | USD 33.37 0.86 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 Payout Ratio and its Days Of Inventory On Hand 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.
Payout Ratio vs Days Of Inventory On Hand
Payout Ratio vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johnson Outdoors Payout Ratio account and
Days Of Inventory On Hand. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Johnson Outdoors' Payout Ratio and Days Of Inventory On Hand is 0.96. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Of Inventory On Hand 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' Payout Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Johnson Outdoors are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payout Ratio i.e., Johnson Outdoors' Payout Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Payout Ratio
Payout Ratio is the proportion of Johnson Outdoors earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Johnson Outdoors dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Johnson Outdoors is paying out more in dividends than it makes in net income.
Days Of Inventory On Hand
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.