JTL Short Long Term Debt Total vs Non Currrent Assets Other 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 Short Long Term Debt Total and its Non Currrent Assets Other 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.

Short Long Term Debt Total vs Non Currrent Assets Other

Short Long Term Debt Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JTL Industries Short Long Term Debt Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JTL Industries' Short Long Term Debt Total and Non Currrent Assets Other is -0.03. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Currrent Assets Other 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' Short Long Term Debt Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of JTL Industries are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Long Term Debt Total i.e., JTL Industries' Short Long Term Debt Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expense52.9M63.5M50.9M28.7M
Depreciation And Amortization31.5M42.6M55.6M58.4M

JTL Industries fundamental ratios Correlations

0.240.80.480.991.0-0.711.00.520.961.00.970.770.710.110.950.940.980.481.00.95-0.310.290.90.380.76
0.240.230.860.130.270.510.230.69-0.020.21-0.010.290.610.360.440.170.120.860.25-0.01-0.420.62-0.030.920.49
0.80.230.340.80.83-0.540.790.410.760.820.750.870.53-0.10.680.620.820.320.790.81-0.370.220.830.220.7
0.480.860.340.360.480.220.470.830.240.420.260.260.870.330.690.510.30.990.490.19-0.510.70.110.950.69
0.990.130.80.360.99-0.780.990.430.991.00.990.780.630.050.910.920.990.360.990.98-0.260.20.940.260.71
1.00.270.830.480.99-0.680.990.520.951.00.950.810.710.080.940.910.980.470.990.95-0.320.280.910.380.76
-0.710.51-0.540.22-0.78-0.68-0.720.07-0.87-0.73-0.86-0.49-0.170.18-0.52-0.69-0.780.22-0.7-0.85-0.050.2-0.830.34-0.31
1.00.230.790.470.990.99-0.720.510.961.00.970.760.710.10.950.940.980.471.00.95-0.30.270.90.370.74
0.520.690.410.830.430.520.070.510.320.470.330.390.740.420.650.510.40.840.530.3-0.450.450.260.690.78
0.96-0.020.760.240.990.95-0.870.960.320.971.00.730.55-0.010.850.910.980.240.960.99-0.190.120.950.130.65
1.00.210.820.421.01.0-0.731.00.470.970.970.80.680.060.930.910.990.420.990.97-0.290.240.930.330.73
0.97-0.010.750.260.990.95-0.860.970.331.00.970.720.570.010.860.920.980.260.960.98-0.190.140.940.150.65
0.770.290.870.260.780.81-0.490.760.390.730.80.720.42-0.180.620.50.830.230.760.82-0.320.20.880.180.68
0.710.610.530.870.630.71-0.170.710.740.550.680.570.420.190.840.740.580.860.720.49-0.480.550.410.750.82
0.110.36-0.10.330.050.080.180.10.42-0.010.060.01-0.180.190.250.260.020.430.12-0.050.030.21-0.120.370.13
0.950.440.680.690.910.94-0.520.950.650.850.930.860.620.840.250.950.870.690.960.81-0.380.420.730.610.76
0.940.170.620.510.920.91-0.690.940.510.910.910.920.50.740.260.950.870.530.940.84-0.250.290.740.410.68
0.980.120.820.30.990.98-0.780.980.40.980.990.980.830.580.020.870.870.30.970.99-0.230.160.970.210.68
0.480.860.320.990.360.470.220.470.840.240.420.260.230.860.430.690.530.30.490.19-0.480.70.10.950.68
1.00.250.790.490.990.99-0.71.00.530.960.990.960.760.720.120.960.940.970.490.94-0.320.30.890.390.77
0.95-0.010.810.190.980.95-0.850.950.30.990.970.980.820.49-0.050.810.840.990.190.94-0.190.090.980.090.64
-0.31-0.42-0.37-0.51-0.26-0.32-0.05-0.3-0.45-0.19-0.29-0.19-0.32-0.480.03-0.38-0.25-0.23-0.48-0.32-0.19-0.21-0.18-0.45-0.46
0.290.620.220.70.20.280.20.270.450.120.240.140.20.550.210.420.290.160.70.30.09-0.210.050.660.49
0.9-0.030.830.110.940.91-0.830.90.260.950.930.940.880.41-0.120.730.740.970.10.890.98-0.180.050.010.63
0.380.920.220.950.260.380.340.370.690.130.330.150.180.750.370.610.410.210.950.390.09-0.450.660.010.51
0.760.490.70.690.710.76-0.310.740.780.650.730.650.680.820.130.760.680.680.680.770.64-0.460.490.630.51
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JTL Industries Account Relationship Matchups

JTL Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B2.1B2.8B5.6B8.4B8.9B
Short Long Term Debt Total581.6M631.1M812.8M525.2M200.1M314.0M
Other Current Liab2.8M59.4M69.8M28.4M159.8M167.8M
Total Current Liabilities765.0M992.5M1.1B1.4B647.7M487.9M
Total Stockholder Equity612.3M969.1M1.6B4.1B7.7B8.1B
Property Plant And Equipment Net236.8M284.8M458.5M697.6M1.2B1.2B
Net Debt576.2M629.0M811.9M24.3M(844.4M)(802.1M)
Retained Earnings378.5M579.2M1.1B2.3B3.4B3.6B
Accounts Payable111.7M338.4M257.0M286.2M245.0M125.1M
Cash5.4M2.1M913K500.9M1.1B1.1B
Non Current Assets Total246.9M294.9M603.5M1.0B1.8B1.9B
Cash And Short Term Investments5.4M2.1M913K531.4M1.0B1.1B
Net Receivables718.3M951.1M1.1B(132.7M)1.9B2.0B
Common Stock Shares Outstanding101.6M106.1M131.1M194.3M173.4M86.7M
Liabilities And Stockholders Equity1.4B2.1B2.8B5.6B8.4B8.9B
Non Current Liabilities Total24.9M132.3M111.3M150.5M39.6M70.9M
Inventory420.1M530.9M925.5M1.7B1.5B1.6B
Other Current Assets11.4M311.4M289.8M2.6B2.1B2.3B
Other Stockholder Equity98.4M127.6M392.2M608.1M1.7B1.8B
Total Liab789.9M1.1B1.2B1.6B687.3M585.4M
Total Current Assets1.2B1.8B2.2B4.6B6.6B6.9B
Current Deferred Revenue69.7M120.0M77.4M111.4M42.9M60.1M
Non Currrent Assets Other33.3M50.9M36.7M30.6M611.8M642.4M
Short Term Debt580.8M524.2M762.2M854.7M200.1M365.2M
Accumulated Other Comprehensive Income29.2M185.4M111.9M1.0B2.3B2.5B
Short Term Investments23.3M40.9M16.0M30.6M47.8M27.0M

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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.