MAYS Net Receivables vs Short Term Investments Analysis

MAYS Stock  USD 42.00  0.00  0.00%   
J W financial indicator trend analysis is infinitely more than just investigating J W Mays recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J W Mays is a good investment. Please check the relationship between J W Net Receivables and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in J W Mays. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Receivables vs Short Term Investments

Net Receivables vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J W Mays Net Receivables account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between J W's Net Receivables and Short Term Investments is 0.17. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of J W Mays, assuming nothing else is changed. The correlation between historical values of J W's Net Receivables and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of J W Mays are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Receivables i.e., J W's Net Receivables and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Short Term Investments

Short Term Investments is an item under the current assets section of J W balance sheet. It contains any investments J W Mays undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that J W Mays can easily liquidate in the marketplace.
Most indicators from J W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J W Mays 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in J W Mays. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, J W's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 91.84 in 2024, despite the fact that Tax Provision is likely to grow to (53 K).
 2021 2022 2023 2024 (projected)
Interest Expense252.0K230.8K136.3K129.5K
Depreciation And Amortization22.1M22.4M1.7M1.6M

J W fundamental ratios Correlations

0.76-0.84-0.550.78-0.190.730.78-0.190.990.70.160.61-0.20.820.32-0.18-0.530.850.120.190.43-0.140.010.010.58
0.76-0.62-0.310.27-0.660.990.26-0.520.740.68-0.290.85-0.360.980.47-0.03-0.510.910.060.590.77-0.56-0.36-0.360.41
-0.84-0.620.81-0.82-0.08-0.61-0.820.28-0.88-0.61-0.03-0.570.47-0.72-0.090.240.31-0.580.26-0.05-0.240.10.20.2-0.51
-0.55-0.310.81-0.7-0.26-0.32-0.70.26-0.62-0.230.07-0.390.5-0.470.38-0.160.18-0.240.520.36-0.10.00.210.21-0.28
0.780.27-0.82-0.70.420.231.00.120.80.560.430.26-0.30.39-0.04-0.25-0.290.34-0.1-0.170.020.340.040.040.64
-0.19-0.66-0.08-0.260.42-0.690.420.57-0.17-0.220.59-0.54-0.03-0.54-0.44-0.250.28-0.64-0.09-0.65-0.720.770.190.190.1
0.730.99-0.61-0.320.23-0.690.23-0.610.720.65-0.380.86-0.370.970.440.01-0.510.9-0.010.590.79-0.6-0.38-0.380.35
0.780.26-0.82-0.71.00.420.230.120.80.550.420.26-0.290.39-0.04-0.25-0.290.34-0.1-0.170.020.340.050.050.63
-0.19-0.520.280.260.120.57-0.610.12-0.26-0.170.86-0.620.28-0.48-0.08-0.30.32-0.390.54-0.34-0.610.640.320.320.27
0.990.74-0.88-0.620.8-0.170.720.8-0.260.690.080.63-0.260.810.26-0.14-0.510.82-0.010.170.43-0.17-0.03-0.030.56
0.70.68-0.61-0.230.56-0.220.650.55-0.170.690.10.58-0.370.650.41-0.26-0.40.590.10.560.54-0.09-0.29-0.290.68
0.16-0.29-0.030.070.430.59-0.380.420.860.080.1-0.520.37-0.250.02-0.420.0-0.110.62-0.37-0.520.60.50.50.41
0.610.85-0.57-0.390.26-0.540.860.26-0.620.630.58-0.52-0.650.870.290.13-0.330.7-0.220.580.8-0.4-0.63-0.630.37
-0.2-0.360.470.5-0.3-0.03-0.37-0.290.28-0.26-0.370.37-0.65-0.420.04-0.03-0.07-0.050.55-0.38-0.430.030.930.93-0.46
0.820.98-0.72-0.470.39-0.540.970.39-0.480.810.65-0.250.87-0.420.370.0-0.510.90.020.460.71-0.47-0.37-0.370.44
0.320.47-0.090.38-0.04-0.440.44-0.04-0.080.260.410.020.290.040.37-0.590.00.520.430.670.26-0.49-0.06-0.060.13
-0.18-0.030.24-0.16-0.25-0.250.01-0.25-0.3-0.14-0.26-0.420.13-0.030.0-0.59-0.33-0.06-0.29-0.240.4-0.1-0.08-0.08-0.23
-0.53-0.510.310.18-0.290.28-0.51-0.290.32-0.51-0.40.0-0.33-0.07-0.510.0-0.33-0.56-0.22-0.12-0.60.03-0.13-0.13-0.2
0.850.91-0.58-0.240.34-0.640.90.34-0.390.820.59-0.110.7-0.050.90.52-0.06-0.560.270.430.62-0.5-0.01-0.010.33
0.120.060.260.52-0.1-0.09-0.01-0.10.54-0.010.10.62-0.220.550.020.43-0.29-0.220.270.05-0.130.190.460.460.08
0.190.59-0.050.36-0.17-0.650.59-0.17-0.340.170.56-0.370.58-0.380.460.67-0.24-0.120.430.050.68-0.42-0.56-0.560.35
0.430.77-0.24-0.10.02-0.720.790.02-0.610.430.54-0.520.8-0.430.710.260.4-0.60.62-0.130.68-0.46-0.52-0.520.32
-0.14-0.560.10.00.340.77-0.60.340.64-0.17-0.090.6-0.40.03-0.47-0.49-0.10.03-0.50.19-0.42-0.460.180.180.27
0.01-0.360.20.210.040.19-0.380.050.32-0.03-0.290.5-0.630.93-0.37-0.06-0.08-0.13-0.010.46-0.56-0.520.181.0-0.34
0.01-0.360.20.210.040.19-0.380.050.32-0.03-0.290.5-0.630.93-0.37-0.06-0.08-0.13-0.010.46-0.56-0.520.181.0-0.34
0.580.41-0.51-0.280.640.10.350.630.270.560.680.410.37-0.460.440.13-0.23-0.20.330.080.350.320.27-0.34-0.34
Click cells to compare fundamentals

J W Account Relationship Matchups

J W fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets100.4M97.5M94.0M91.9M89.5M59.5M
Short Long Term Debt Total38.4M35.4M33.0M31.7M29.2M30.6M
Other Current Liab(945.4K)834.5K1.1M1.0M1.1M1.7M
Total Current Liabilities2.9M3.5M3.4M2.7M3.3M3.2M
Total Stockholder Equity53.7M54.1M53.4M53.3M52.9M40.6M
Property Plant And Equipment Net37.1M34.6M32.1M30.9M28.9M37.9M
Net Debt35.1M33.8M31.9M30.4M27.9M29.3M
Retained Earnings49.5M49.9M49.2M49.1M48.7M35.2M
Cash3.3M1.6M1.0M1.2M1.2M1.2M
Non Current Assets Total87.7M86.4M83.8M84.4M83.7M51.4M
Non Currrent Assets Other46.8M51.8M51.7M53.4M44.5M46.7M
Cash And Short Term Investments7.0M5.5M3.8M3.5M1.2M1.2M
Net Receivables2.2M2.4M2.8M3.0M3.6M3.8M
Liabilities And Stockholders Equity100.4M97.5M94.0M91.9M89.5M59.5M
Non Current Liabilities Total43.8M39.9M37.3M35.9M33.3M34.9M
Inventory10.2M8.1M410.8K6.3M7.2M3.9M
Other Current Assets(6.6M)3.3M2.6M1.0M1.0M1.1M
Total Liab46.7M43.4M40.6M38.6M36.6M18.9M
Total Current Assets12.8M11.1M10.2M7.6M5.9M5.9M
Short Term Debt3.2M3.3M3.4M3.5M6.0M6.3M
Accounts Payable68.1K2.6M2.3M1.7M2.3M2.4M
Property Plant And Equipment Gross37.1M34.6M84.5M30.9M35.6M54.2M
Other Liab5.6M5.4M5.3M5.2M6.0M6.3M
Other Assets3.0M3.7M3.6M3.3M10.3M10.8M
Long Term Debt9.4M7.5M6.4M5.1M4.6M6.0M
Short Term Investments3.7M3.9M2.8M2.3M2.6M1.4M
Property Plant Equipment47.6M82.6M48.1M78.3M90.1M51.7M
Current Deferred Revenue643.6K(3.3M)(3.4M)(3.5M)1.1M1.1M
Net Tangible Assets53.7M54.1M53.4M53.3M61.3M54.7M
Retained Earnings Total Equity48.4M50.4M49.5M49.2M56.5M49.0M
Deferred Long Term Liab4.7M3.7M4.3M3.3M3.7M3.3M
Accumulated Depreciation(41.6M)(43.5M)(33.0M)(36.5M)(32.8M)(34.5M)
Long Term Debt Total5.3M690.4K9.4M6.4M5.7M4.6M

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