JYNT Stock | | | USD 11.75 0.18 1.56% |
Joint Corp financial indicator trend analysis is infinitely more than just investigating Joint Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joint Corp is a good investment. Please check the relationship between Joint Corp Total Liab and its Deferred Long Term Liab accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Joint Corp. 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 Liab vs Deferred Long Term Liab
Total Liab vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Joint Corp Total Liab account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Joint Corp's Total Liab and Deferred Long Term Liab is -0.19. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of The Joint Corp, assuming nothing else is changed. The correlation between historical values of Joint Corp's Total Liab and Deferred Long Term Liab 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 Liab of The Joint Corp are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Liab i.e., Joint Corp's Total Liab and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Joint Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joint Corp 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 The Joint Corp. 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.
Selling General Administrative is likely to gain to about 85.5
M in 2024.
Tax Provision is likely to gain to about 1.9
M in 2024
Joint Corp fundamental ratios Correlations
Click cells to compare fundamentals
Joint Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Joint Corp fundamental ratios Accounts
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Additional Tools for Joint Stock Analysis
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