JTL Total Stockholder Equity vs Property Plant And Equipment Net 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 Total Stockholder Equity and its Property Plant And Equipment Net 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JTL Industries Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between JTL Industries' Total Stockholder Equity and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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' Total Stockholder Equity and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of JTL Industries are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., JTL Industries' Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.