JPMorgan Tax Provision vs Ebit Analysis
JPM Stock | USD 248.55 3.79 1.55% |
JPMorgan Chase financial indicator trend analysis is infinitely more than just investigating JPMorgan Chase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Chase is a good investment. Please check the relationship between JPMorgan Chase Tax Provision and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision vs Ebit
Tax Provision vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Chase Tax Provision account and Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between JPMorgan Chase's Tax Provision and Ebit is 0.33. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of JPMorgan Chase Co, assuming nothing else is changed. The correlation between historical values of JPMorgan Chase's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of JPMorgan Chase Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., JPMorgan Chase's Tax Provision and Ebit go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Ebit
Most indicators from JPMorgan Chase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Chase 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 JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At this time, JPMorgan Chase's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Tax Provision is likely to drop about 10 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 65.0B | 52.5B | 70.5B | 74.1B | Other Operating Expenses | 71.3B | 76.1B | 75.1B | 78.9B |
JPMorgan Chase fundamental ratios Correlations
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JPMorgan Chase Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JPMorgan Chase fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 3.2B | 3.1B | 3.0B | 3.0B | 2.9B | 2.5B | |
Total Assets | 2.7T | 3.4T | 3.7T | 3.7T | 3.9T | 4.1T | |
Short Long Term Debt Total | 408.0B | 426.5B | 469.2B | 466.7B | 436.5B | 269.6B | |
Total Current Liabilities | 251.3B | 277.8B | 316.3B | 344.2B | 44.7B | 42.5B | |
Total Stockholder Equity | 261.3B | 279.4B | 294.1B | 292.3B | 327.9B | 344.3B | |
Property Plant And Equipment Net | 25.8B | 27.1B | 27.1B | 27.7B | 30.2B | 31.7B | |
Net Debt | 144.4B | (101.2B) | (271.7B) | (100.5B) | (187.6B) | (178.2B) | |
Retained Earnings | 223.2B | 237.0B | 272.3B | 296.5B | 332.9B | 349.5B | |
Cash | 263.6B | 527.6B | 740.8B | 567.2B | 624.2B | 655.4B | |
Non Current Assets Total | 838.7B | 1.1T | 1.1T | 1.1T | 94.5B | 89.8B | |
Non Currrent Assets Other | (838.7B) | (1.0T) | (1.1T) | (1.1T) | (94.5B) | (99.3B) | |
Other Assets | 1.1T | 713.6B | 866.1B | 915.7B | 2.6T | 2.7T | |
Cash And Short Term Investments | 625.0B | 883.6B | 1.0T | 763.9B | 230.8B | 324.2B | |
Net Receivables | 122.6B | 90.5B | 102.6B | 125.2B | 107.4B | 73.8B | |
Liabilities And Stockholders Equity | 2.7T | 3.4T | 3.7T | 3.7T | 3.9T | 4.1T | |
Non Current Liabilities Total | 367.1B | 381.2B | 415.6B | 3.3T | 3.4T | 3.5T | |
Other Stockholder Equity | 5.5B | 210M | (17B) | (18.3B) | (26.1B) | (24.8B) | |
Total Liab | 2.4T | 3.1T | 3.4T | 3.4T | 3.5T | 3.7T | |
Property Plant And Equipment Gross | 14.9B | 25.8B | 27.1B | 27.7B | 30.2B | 31.7B | |
Total Current Assets | 747.6B | 1.6T | 1.7T | 1.6T | 1.2T | 1.2T | |
Short Term Debt | 40.9B | 45.2B | 53.6B | 44.0B | 44.7B | 33.9B | |
Other Current Liab | (251.3B) | (37.5B) | (169.2B) | (234.9B) | (162.0B) | (153.9B) | |
Accumulated Other Comprehensive Income | 1.6B | 8.0B | (84M) | (17.3B) | (10.4B) | (9.9B) | |
Accounts Payable | 210.4B | 140.3B | 169.2B | 188.7B | 162.0B | 164.4B | |
Long Term Debt | 137.1B | 187.8B | 301.0B | 190.6B | 391.8B | 232.0B | |
Good Will | 47.8B | 49.2B | 50.3B | 51.7B | 52.6B | 47.2B | |
Short Term Investments | 361.3B | 356.0B | 290.3B | 196.7B | 201.7B | 254.0B | |
Other Current Assets | 1.1T | 604.4B | 611.3B | 758.3B | 825.0B | 903.5B | |
Preferred Stock Total Equity | 27.0B | 30.1B | 34.8B | 27.4B | 31.5B | 17.0B | |
Treasury Stock | (60.5B) | (83.0B) | (88.2B) | (105.4B) | (94.9B) | (90.1B) | |
Intangible Assets | 5.5B | 4.2B | 6.4B | 9.2B | 11.7B | 10.6B | |
Property Plant Equipment | 25.8B | 27.1B | 27.1B | 27.7B | 31.9B | 33.5B | |
Inventory | (1.1T) | (1.6T) | (1.7T) | (1.6T) | (1.9T) | (1.8T) | |
Net Tangible Assets | 234.3B | 249.3B | 208.1B | 264.9B | 304.7B | 203.4B | |
Retained Earnings Total Equity | 223.2B | 237.0B | 272.3B | 296.5B | 340.9B | 179.9B | |
Long Term Debt Total | 137.1B | 187.8B | 301.0B | 190.6B | 171.5B | 217.0B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.009 | Dividend Share 4.6 | Earnings Share 18 | Revenue Per Share 56.043 | Quarterly Revenue Growth 0.03 |
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.