JTL Inventory vs Current Deferred Revenue Analysis

JTLIND Stock

96.40 1.53 1.61%

JTL Industries financial indicator trend analysis is infinitely more than just investigating JTL Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JTL Industries is a good investment. Please check the relationship between JTL Industries Inventory and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JTL Industries. 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.

Inventory vs Current Deferred Revenue

Inventory vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JTL Industries Inventory account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between JTL Industries' Inventory and Current Deferred Revenue is 0.42. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of JTL Industries, assuming nothing else is changed. The correlation between historical values of JTL Industries' Inventory and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of JTL Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Inventory i.e., JTL Industries' Inventory and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from JTL Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JTL Industries 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 JTL Industries. 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.

The current year's Selling General Administrative is expected to grow to about 225.2 M

	2021	2022	2023	2024 (projected)
Interest Expense	52.9M	63.5M	50.9M	28.7M
Depreciation And Amortization	31.5M	42.6M	55.6M	58.4M

Interest Expense Depreciation And Amortization

JTL Industries 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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Assets	Current Deferred Revenue	Non Currrent Assets Other	Short Term Debt	Short Term Investments
Total Assets		0.24	0.8	0.48	0.99	1.0	-0.71	1.0	0.52	0.96	1.0	0.97	0.77	0.71	0.11	0.95	0.94	0.98	0.48	1.0	0.95	-0.31	0.29	0.9	0.38	0.76
Short Long Term Debt Total	0.24		0.23	0.86	0.13	0.27	0.51	0.23	0.69	-0.02	0.21	-0.01	0.29	0.61	0.36	0.44	0.17	0.12	0.86	0.25	-0.01	-0.42	0.62	-0.03	0.92	0.49
Other Current Liab	0.8	0.23		0.34	0.8	0.83	-0.54	0.79	0.41	0.76	0.82	0.75	0.87	0.53	-0.1	0.68	0.62	0.82	0.32	0.79	0.81	-0.37	0.22	0.83	0.22	0.7
Total Current Liabilities	0.48	0.86	0.34		0.36	0.48	0.22	0.47	0.83	0.24	0.42	0.26	0.26	0.87	0.33	0.69	0.51	0.3	0.99	0.49	0.19	-0.51	0.7	0.11	0.95	0.69
Total Stockholder Equity	0.99	0.13	0.8	0.36		0.99	-0.78	0.99	0.43	0.99	1.0	0.99	0.78	0.63	0.05	0.91	0.92	0.99	0.36	0.99	0.98	-0.26	0.2	0.94	0.26	0.71
Property Plant And Equipment Net	1.0	0.27	0.83	0.48	0.99		-0.68	0.99	0.52	0.95	1.0	0.95	0.81	0.71	0.08	0.94	0.91	0.98	0.47	0.99	0.95	-0.32	0.28	0.91	0.38	0.76
Net Debt	-0.71	0.51	-0.54	0.22	-0.78	-0.68		-0.72	0.07	-0.87	-0.73	-0.86	-0.49	-0.17	0.18	-0.52	-0.69	-0.78	0.22	-0.7	-0.85	-0.05	0.2	-0.83	0.34	-0.31
Retained Earnings	1.0	0.23	0.79	0.47	0.99	0.99	-0.72		0.51	0.96	1.0	0.97	0.76	0.71	0.1	0.95	0.94	0.98	0.47	1.0	0.95	-0.3	0.27	0.9	0.37	0.74
Accounts Payable	0.52	0.69	0.41	0.83	0.43	0.52	0.07	0.51		0.32	0.47	0.33	0.39	0.74	0.42	0.65	0.51	0.4	0.84	0.53	0.3	-0.45	0.45	0.26	0.69	0.78
Cash	0.96	-0.02	0.76	0.24	0.99	0.95	-0.87	0.96	0.32		0.97	1.0	0.73	0.55	-0.01	0.85	0.91	0.98	0.24	0.96	0.99	-0.19	0.12	0.95	0.13	0.65
Non Current Assets Total	1.0	0.21	0.82	0.42	1.0	1.0	-0.73	1.0	0.47	0.97		0.97	0.8	0.68	0.06	0.93	0.91	0.99	0.42	0.99	0.97	-0.29	0.24	0.93	0.33	0.73
Cash And Short Term Investments	0.97	-0.01	0.75	0.26	0.99	0.95	-0.86	0.97	0.33	1.0	0.97		0.72	0.57	0.01	0.86	0.92	0.98	0.26	0.96	0.98	-0.19	0.14	0.94	0.15	0.65
Net Receivables	0.77	0.29	0.87	0.26	0.78	0.81	-0.49	0.76	0.39	0.73	0.8	0.72		0.42	-0.18	0.62	0.5	0.83	0.23	0.76	0.82	-0.32	0.2	0.88	0.18	0.68
Common Stock Shares Outstanding	0.71	0.61	0.53	0.87	0.63	0.71	-0.17	0.71	0.74	0.55	0.68	0.57	0.42		0.19	0.84	0.74	0.58	0.86	0.72	0.49	-0.48	0.55	0.41	0.75	0.82
Non Current Liabilities Total	0.11	0.36	-0.1	0.33	0.05	0.08	0.18	0.1	0.42	-0.01	0.06	0.01	-0.18	0.19		0.25	0.26	0.02	0.43	0.12	-0.05	0.03	0.21	-0.12	0.37	0.13
Inventory	0.95	0.44	0.68	0.69	0.91	0.94	-0.52	0.95	0.65	0.85	0.93	0.86	0.62	0.84	0.25		0.95	0.87	0.69	0.96	0.81	-0.38	0.42	0.73	0.61	0.76
Other Current Assets	0.94	0.17	0.62	0.51	0.92	0.91	-0.69	0.94	0.51	0.91	0.91	0.92	0.5	0.74	0.26	0.95		0.87	0.53	0.94	0.84	-0.25	0.29	0.74	0.41	0.68
Other Stockholder Equity	0.98	0.12	0.82	0.3	0.99	0.98	-0.78	0.98	0.4	0.98	0.99	0.98	0.83	0.58	0.02	0.87	0.87		0.3	0.97	0.99	-0.23	0.16	0.97	0.21	0.68
Total Liab	0.48	0.86	0.32	0.99	0.36	0.47	0.22	0.47	0.84	0.24	0.42	0.26	0.23	0.86	0.43	0.69	0.53	0.3		0.49	0.19	-0.48	0.7	0.1	0.95	0.68
Total Current Assets	1.0	0.25	0.79	0.49	0.99	0.99	-0.7	1.0	0.53	0.96	0.99	0.96	0.76	0.72	0.12	0.96	0.94	0.97	0.49		0.94	-0.32	0.3	0.89	0.39	0.77
Common Stock	0.95	-0.01	0.81	0.19	0.98	0.95	-0.85	0.95	0.3	0.99	0.97	0.98	0.82	0.49	-0.05	0.81	0.84	0.99	0.19	0.94		-0.19	0.09	0.98	0.09	0.64
Other Assets	-0.31	-0.42	-0.37	-0.51	-0.26	-0.32	-0.05	-0.3	-0.45	-0.19	-0.29	-0.19	-0.32	-0.48	0.03	-0.38	-0.25	-0.23	-0.48	-0.32	-0.19		-0.21	-0.18	-0.45	-0.46
Current Deferred Revenue	0.29	0.62	0.22	0.7	0.2	0.28	0.2	0.27	0.45	0.12	0.24	0.14	0.2	0.55	0.21	0.42	0.29	0.16	0.7	0.3	0.09	-0.21		0.05	0.66	0.49
Non Currrent Assets Other	0.9	-0.03	0.83	0.11	0.94	0.91	-0.83	0.9	0.26	0.95	0.93	0.94	0.88	0.41	-0.12	0.73	0.74	0.97	0.1	0.89	0.98	-0.18	0.05		0.01	0.63
Short Term Debt	0.38	0.92	0.22	0.95	0.26	0.38	0.34	0.37	0.69	0.13	0.33	0.15	0.18	0.75	0.37	0.61	0.41	0.21	0.95	0.39	0.09	-0.45	0.66	0.01		0.51
Short Term Investments	0.76	0.49	0.7	0.69	0.71	0.76	-0.31	0.74	0.78	0.65	0.73	0.65	0.68	0.82	0.13	0.76	0.68	0.68	0.68	0.77	0.64	-0.46	0.49	0.63	0.51

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JTL Industries Account Relationship Matchups

JTL Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	2.1B	2.8B	5.6B	8.4B	8.9B
Short Long Term Debt Total	581.6M	631.1M	812.8M	525.2M	200.1M	314.0M
Other Current Liab	2.8M	59.4M	69.8M	28.4M	159.8M	167.8M
Total Current Liabilities	765.0M	992.5M	1.1B	1.4B	647.7M	487.9M
Total Stockholder Equity	612.3M	969.1M	1.6B	4.1B	7.7B	8.1B
Property Plant And Equipment Net	236.8M	284.8M	458.5M	697.6M	1.2B	1.2B
Net Debt	576.2M	629.0M	811.9M	24.3M	(844.4M)	(802.1M)
Retained Earnings	378.5M	579.2M	1.1B	2.3B	3.4B	3.6B
Accounts Payable	111.7M	338.4M	257.0M	286.2M	245.0M	125.1M
Cash	5.4M	2.1M	913K	500.9M	1.1B	1.1B
Non Current Assets Total	246.9M	294.9M	603.5M	1.0B	1.8B	1.9B
Cash And Short Term Investments	5.4M	2.1M	913K	531.4M	1.0B	1.1B
Net Receivables	718.3M	951.1M	1.1B	(132.7M)	1.9B	2.0B
Common Stock Shares Outstanding	101.6M	106.1M	131.1M	194.3M	173.4M	86.7M
Liabilities And Stockholders Equity	1.4B	2.1B	2.8B	5.6B	8.4B	8.9B
Non Current Liabilities Total	24.9M	132.3M	111.3M	150.5M	39.6M	70.9M
Inventory	420.1M	530.9M	925.5M	1.7B	1.5B	1.6B
Other Current Assets	11.4M	311.4M	289.8M	2.6B	2.1B	2.3B
Other Stockholder Equity	98.4M	127.6M	392.2M	608.1M	1.7B	1.8B
Total Liab	789.9M	1.1B	1.2B	1.6B	687.3M	585.4M
Total Current Assets	1.2B	1.8B	2.2B	4.6B	6.6B	6.9B
Current Deferred Revenue	69.7M	120.0M	77.4M	111.4M	42.9M	60.1M
Non Currrent Assets Other	33.3M	50.9M	36.7M	30.6M	611.8M	642.4M
Short Term Debt	580.8M	524.2M	762.2M	854.7M	200.1M	365.2M
Accumulated Other Comprehensive Income	29.2M	185.4M	111.9M	1.0B	2.3B	2.5B
Short Term Investments	23.3M	40.9M	16.0M	30.6M	47.8M	27.0M

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Other Information on Investing in JTL Stock

Balance Sheet is a snapshot of the financial position of JTL Industries at a specified time, usually calculated after every quarter, six months, or one year. JTL Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JTL Industries 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 JTL currently owns. An asset can also be divided into two categories, current and non-current.

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JTL Inventory vs Current Deferred Revenue Analysis

Inventory vs Current Deferred Revenue

Inventory vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Inventory

Current Deferred Revenue

JTL Industries fundamental ratios Correlations

JTL Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JTL Industries fundamental ratios Accounts

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Other Information on Investing in JTL Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Cash	- 0.87	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Common Stock	- 0.85	Net Debt
Non Currrent Assets Other	- 0.83	Net Debt
Other Stockholder Equity	- 0.78	Net Debt
Net Debt	- 0.78	Total Stockholder Equity