Jtekt Other Stockholder Equity vs Cash Analysis

JTEKTINDIA   172.98  4.61  2.74%   
Jtekt India financial indicator trend analysis is infinitely more than just investigating Jtekt India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jtekt India Limited is a good investment. Please check the relationship between Jtekt India Other Stockholder Equity and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jtekt India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jtekt India Limited Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jtekt India's Other Stockholder Equity and Cash is 0.32. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Jtekt India Limited, assuming nothing else is changed. The correlation between historical values of Jtekt India's Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Jtekt India Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Jtekt India's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Jtekt India Limited, which is listed under current asset account on Jtekt India Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jtekt India customers. The amounts must be unrestricted with restricted cash listed in a different Jtekt India account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Jtekt India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jtekt India Limited 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 Jtekt India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 1st of December 2024, Selling General Administrative is likely to drop to about 117.4 M. In addition to that, Tax Provision is likely to drop to about 264.7 M
 2021 2022 2023 2024 (projected)
Interest Expense33.1M47.4M61.2M58.1M
Depreciation And Amortization708.8M718.5M807.1M712.0M

Jtekt India fundamental ratios Correlations

0.19-0.230.820.570.830.00.440.82-0.190.430.790.450.050.69-0.020.460.460.810.270.450.520.33-0.04-0.10.44
0.190.150.67-0.620.570.94-0.480.65-0.02-0.550.04-0.560.89-0.520.46-0.010.9-0.360.94-0.66-0.42-0.120.07-0.06-0.68
-0.230.15-0.15-0.29-0.10.18-0.21-0.10.08-0.21-0.3-0.240.35-0.32-0.190.070.13-0.280.14-0.19-0.60.1-0.330.08-0.18
0.820.67-0.150.030.930.50.090.94-0.250.050.54-0.050.520.190.190.390.850.390.73-0.070.170.150.08-0.12-0.1
0.57-0.62-0.290.030.05-0.720.760.04-0.190.790.70.93-0.760.93-0.240.14-0.440.9-0.50.930.70.37-0.1-0.210.96
0.830.57-0.10.930.050.43-0.010.97-0.02-0.040.45-0.050.540.260.110.50.810.380.6-0.030.210.1-0.030.07-0.07
0.00.940.180.5-0.720.43-0.70.510.2-0.74-0.11-0.690.9-0.590.52-0.090.84-0.530.84-0.8-0.56-0.2-0.040.15-0.77
0.44-0.48-0.210.090.76-0.01-0.7-0.05-0.710.990.420.69-0.660.6-0.460.32-0.350.78-0.250.790.580.20.37-0.60.7
0.820.65-0.10.940.040.970.51-0.050.02-0.090.5-0.020.550.210.290.320.820.330.67-0.080.220.060.010.03-0.1
-0.19-0.020.08-0.25-0.19-0.020.2-0.710.02-0.66-0.12-0.170.22-0.040.28-0.27-0.02-0.33-0.27-0.26-0.170.01-0.540.82-0.13
0.43-0.55-0.210.050.79-0.04-0.740.99-0.09-0.660.430.72-0.70.64-0.480.33-0.390.8-0.320.820.590.210.3-0.510.73
0.790.04-0.30.540.70.45-0.110.420.5-0.120.430.7-0.210.730.140.090.160.790.050.610.470.54-0.27-0.130.63
0.45-0.56-0.24-0.050.93-0.05-0.690.69-0.02-0.170.720.7-0.760.77-0.09-0.05-0.50.76-0.450.930.670.28-0.12-0.30.9
0.050.890.350.52-0.760.540.9-0.660.550.22-0.7-0.21-0.76-0.570.230.180.88-0.480.77-0.75-0.6-0.09-0.10.26-0.77
0.69-0.52-0.320.190.930.26-0.590.60.21-0.040.640.730.77-0.57-0.250.27-0.240.92-0.460.810.670.5-0.250.040.89
-0.020.46-0.190.19-0.240.110.52-0.460.290.28-0.480.14-0.090.23-0.25-0.720.25-0.340.42-0.430.14-0.20.070.08-0.33
0.46-0.010.070.390.140.5-0.090.320.32-0.270.330.09-0.050.180.27-0.720.340.420.090.25-0.070.040.020.00.09
0.460.90.130.85-0.440.810.84-0.350.82-0.02-0.390.16-0.50.88-0.240.250.34-0.080.87-0.51-0.310.00.00.09-0.53
0.81-0.36-0.280.390.90.38-0.530.780.33-0.330.80.790.76-0.480.92-0.340.42-0.08-0.240.830.640.49-0.07-0.190.83
0.270.940.140.73-0.50.60.84-0.250.67-0.27-0.320.05-0.450.77-0.460.420.090.87-0.24-0.55-0.29-0.250.29-0.26-0.61
0.45-0.66-0.19-0.070.93-0.03-0.80.79-0.08-0.260.820.610.93-0.750.81-0.430.25-0.510.83-0.550.60.35-0.14-0.290.94
0.52-0.42-0.60.170.70.21-0.560.580.22-0.170.590.470.67-0.60.670.14-0.07-0.310.64-0.290.60.090.25-0.180.58
0.33-0.120.10.150.370.1-0.20.20.060.010.210.540.28-0.090.5-0.20.040.00.49-0.250.350.09-0.540.150.51
-0.040.07-0.330.08-0.1-0.03-0.040.370.01-0.540.3-0.27-0.12-0.1-0.250.070.020.0-0.070.29-0.140.25-0.54-0.55-0.25
-0.1-0.060.08-0.12-0.210.070.15-0.60.030.82-0.51-0.13-0.30.260.040.080.00.09-0.19-0.26-0.29-0.180.15-0.55-0.17
0.44-0.68-0.18-0.10.96-0.07-0.770.7-0.1-0.130.730.630.9-0.770.89-0.330.09-0.530.83-0.610.940.580.51-0.25-0.17
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Jtekt India Account Relationship Matchups

Jtekt India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.3B10.0B10.7B12.7B10.0B
Short Long Term Debt Total781.3M485.2M709.9M617.6M1.2B1.5B
Other Current Liab349.2M383.9M551.1M432.6M559.5M552.4M
Total Current Liabilities2.4B2.8B2.9B3.0B3.8B3.3B
Total Stockholder Equity6.0B6.0B6.3B7.0B8.2B4.3B
Property Plant And Equipment Net4.4B4.0B4.7B4.8B5.7B5.3B
Net Debt194.4M(171.2M)86.6M151.6M400.3M380.3M
Cash586.9M656.3M623.3M466.0M753.6M378.0M
Non Current Assets Total5.0B4.6B5.2B5.3B6.5B6.0B
Non Currrent Assets Other65.1M79K325.2M243.3M429.5M451.0M
Cash And Short Term Investments586.9M728.8M789.1M572.8M753.6M399.6M
Net Receivables2.0B2.6B2.4B2.8B3.3B2.3B
Liabilities And Stockholders Equity8.9B9.3B10.0B10.7B12.7B10.0B
Non Current Liabilities Total314.1M323.7M499.1M451.3M744.7M1.4B
Inventory1.1B1.3B1.4B1.9B2.0B1.1B
Other Current Assets166.1M164.9M175.5M198.9M180.8M248.4M
Total Liab2.7B3.1B3.4B3.4B4.5B3.8B
Total Current Assets3.9B4.8B4.8B5.4B6.2B4.0B
Accumulated Other Comprehensive Income(1.3B)(2.4B)(3.1B)1.1B1.1B1.2B
Short Term Debt582.8M274.1M473.8M367.4M503.4M728.6M
Accounts Payable1.4B2.0B2.0B2.2B2.7B2.2B
Intangible Assets526.8M365.8M233.4M235.8M189.7M306.8M
Current Deferred Revenue(582.8M)256.5M582.3M339.5M28.3M29.7M
Retained Earnings3.8B3.9B4.2B4.9B6.1B3.5B
Other Liab202.1M115.6M112.7M115.6M104.0M195.5M
Net Tangible Assets5.8B5.8B5.9B6.2B7.2B5.3B
Other Assets517.1M435.6M404.4M133.1M153.1M145.4M
Long Term Debt160.9M172.6M343.5M309.0M595.5M590.5M
Deferred Long Term Liab477.8M384.7M234.0M137.7M123.9M117.7M
Short Long Term Debt578.7M179.7M326.4M268.1M500.4M529.7M
Property Plant Equipment4.4B4.0B4.7B4.8B4.3B3.8B
Short Term Investments11.1M72.5M165.8M106.8M2.5M2.4M
Long Term Debt Total198.5M211.1M383.5M349.5M314.6M526.8M
Cash And Equivalents532.3M648.6M579.8M439.5M505.4M672.4M
Net Invested Capital6.7B6.3B7.0B7.6B9.3B8.0B

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Other Information on Investing in Jtekt Stock

Balance Sheet is a snapshot of the financial position of Jtekt India Limited at a specified time, usually calculated after every quarter, six months, or one year. Jtekt India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jtekt India and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jtekt currently owns. An asset can also be divided into two categories, current and non-current.