SBRY Cash And Short Term Investments vs Inventory Analysis

SBRY Stock   261.20  7.80  3.08%   
J Sainsbury financial indicator trend analysis is infinitely more than just investigating J Sainsbury PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J Sainsbury PLC is a good investment. Please check the relationship between J Sainsbury Cash And Short Term Investments and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in J Sainsbury PLC. 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.

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J Sainsbury PLC Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between J Sainsbury's Cash And Short Term Investments and Inventory is 0.83. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of J Sainsbury PLC, assuming nothing else is changed. The correlation between historical values of J Sainsbury's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of J Sainsbury PLC are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., J Sainsbury's Cash And Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of J Sainsbury PLC balance sheet. This account contains J Sainsbury investments that will expire within one year. These investments include stocks and bonds that can be liquidated by J Sainsbury PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Inventory

Most indicators from J Sainsbury's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J Sainsbury PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in J Sainsbury PLC. 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.
Issuance Of Capital Stock is likely to gain to about 17 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.5 B in 2024.
 2010 2021 2022 2023 (projected)
Interest Expense355M323M310M335M
Depreciation And Amortization1.2B1.2B1.2B1.2B

J Sainsbury fundamental ratios Correlations

0.11-0.55-0.90.960.910.080.990.57-0.930.950.270.050.620.980.570.280.180.47-0.330.28-0.070.660.780.570.12
0.11-0.240.020.01-0.191.00.06-0.07-0.440.29-0.17-0.91-0.720.07-0.74-0.61-0.530.33-0.59-0.22-0.990.01-0.530.141.0
-0.55-0.240.65-0.64-0.59-0.26-0.47-0.950.67-0.65-0.810.27-0.15-0.6-0.15-0.61-0.590.10.540.220.25-0.15-0.34-0.99-0.24
-0.90.020.65-0.98-0.980.01-0.92-0.690.85-0.94-0.590.01-0.64-0.97-0.54-0.54-0.51-0.050.550.1-0.02-0.29-0.75-0.670.02
0.960.01-0.64-0.980.980.010.970.68-0.90.960.50.030.650.990.580.470.410.21-0.460.060.00.450.790.660.02
0.91-0.19-0.59-0.980.98-0.190.930.68-0.790.880.550.20.780.960.710.60.540.1-0.360.060.20.40.870.63-0.19
0.081.0-0.260.010.01-0.190.04-0.06-0.420.28-0.13-0.94-0.730.06-0.77-0.58-0.490.26-0.64-0.29-1.0-0.06-0.550.150.99
0.990.06-0.47-0.920.970.930.040.5-0.90.950.260.060.650.990.580.270.190.42-0.350.23-0.020.590.790.490.07
0.57-0.07-0.95-0.690.680.68-0.060.5-0.570.590.860.040.410.620.420.80.75-0.15-0.34-0.10.060.210.550.98-0.07
-0.93-0.440.670.85-0.9-0.79-0.42-0.9-0.57-0.97-0.310.31-0.3-0.92-0.24-0.13-0.09-0.440.58-0.080.41-0.52-0.52-0.64-0.45
0.950.29-0.65-0.940.960.880.280.950.59-0.970.4-0.230.430.970.340.260.230.29-0.61-0.02-0.280.420.610.630.29
0.27-0.17-0.81-0.590.50.55-0.130.260.86-0.310.4-0.060.280.40.240.870.93-0.62-0.51-0.540.12-0.290.330.83-0.2
0.05-0.910.270.010.030.2-0.940.060.040.31-0.23-0.060.760.010.830.440.280.070.790.60.950.370.63-0.15-0.89
0.62-0.72-0.15-0.640.650.78-0.730.650.41-0.30.430.280.760.630.990.640.510.090.250.390.740.460.960.25-0.7
0.980.07-0.6-0.970.990.960.060.990.62-0.920.970.40.010.630.560.380.310.31-0.440.12-0.050.510.780.610.08
0.57-0.74-0.15-0.540.580.71-0.770.580.42-0.240.340.240.830.990.560.640.480.160.380.50.780.540.950.25-0.72
0.28-0.61-0.61-0.540.470.6-0.580.270.8-0.130.260.870.440.640.380.640.97-0.5-0.06-0.180.58-0.060.620.68-0.62
0.18-0.53-0.59-0.510.410.54-0.490.190.75-0.090.230.930.280.510.310.480.97-0.68-0.23-0.40.48-0.280.470.65-0.55
0.470.330.1-0.050.210.10.260.42-0.15-0.440.29-0.620.070.090.310.16-0.5-0.680.310.82-0.230.890.24-0.10.37
-0.33-0.590.540.55-0.46-0.36-0.64-0.35-0.340.58-0.61-0.510.790.25-0.440.38-0.06-0.230.310.750.650.390.14-0.46-0.56
0.28-0.220.220.10.060.06-0.290.23-0.1-0.08-0.02-0.540.60.390.120.5-0.18-0.40.820.750.320.890.44-0.16-0.17
-0.07-0.990.25-0.020.00.2-1.0-0.020.060.41-0.280.120.950.74-0.050.780.580.48-0.230.650.320.090.57-0.14-0.99
0.660.01-0.15-0.290.450.4-0.060.590.21-0.520.42-0.290.370.460.510.54-0.06-0.280.890.390.890.090.610.190.05
0.78-0.53-0.34-0.750.790.87-0.550.790.55-0.520.610.330.630.960.780.950.620.470.240.140.440.570.610.42-0.51
0.570.14-0.99-0.670.660.630.150.490.98-0.640.630.83-0.150.250.610.250.680.65-0.1-0.46-0.16-0.140.190.420.13
0.121.0-0.240.020.02-0.190.990.07-0.07-0.450.29-0.2-0.89-0.70.08-0.72-0.62-0.550.37-0.56-0.17-0.990.05-0.510.13
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J Sainsbury Account Relationship Matchups

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