SBRY Retained Earnings vs Total Current Assets Analysis

SBRY Stock   253.20  0.60  0.24%   
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 Retained Earnings and its Total Current Assets 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.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J Sainsbury PLC Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between J Sainsbury's Retained Earnings and Total Current Assets is -0.26. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Assets 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 Retained Earnings and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of J Sainsbury PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., J Sainsbury's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

0.11-0.55-0.90.960.910.080.950.57-0.930.950.410.050.620.980.570.560.450.47-0.330.28-0.070.120.780.570.12
0.11-0.240.020.01-0.191.0-0.16-0.07-0.440.290.59-0.91-0.720.07-0.740.10.410.33-0.59-0.22-0.99-0.97-0.530.141.0
-0.55-0.240.65-0.64-0.59-0.26-0.43-0.950.67-0.65-0.90.27-0.15-0.6-0.15-0.99-0.960.10.540.220.250.14-0.34-0.99-0.24
-0.90.020.65-0.98-0.980.01-0.93-0.690.85-0.94-0.520.01-0.64-0.97-0.54-0.67-0.59-0.050.550.1-0.02-0.18-0.75-0.670.02
0.960.01-0.64-0.980.980.010.960.68-0.90.960.490.030.650.990.580.660.560.21-0.460.060.00.170.790.660.02
0.91-0.19-0.59-0.980.98-0.190.970.68-0.790.880.380.20.780.960.710.630.480.1-0.360.060.20.360.870.63-0.19
0.081.0-0.260.010.01-0.19-0.18-0.06-0.420.280.61-0.94-0.730.06-0.770.120.440.26-0.64-0.29-1.0-0.98-0.550.150.99
0.95-0.16-0.43-0.930.960.97-0.180.52-0.80.880.230.240.790.960.720.470.310.29-0.260.210.190.350.890.46-0.15
0.57-0.07-0.95-0.690.680.68-0.060.52-0.570.590.730.040.410.620.420.990.85-0.15-0.34-0.10.060.170.550.98-0.07
-0.93-0.440.670.85-0.9-0.79-0.42-0.8-0.57-0.97-0.660.31-0.3-0.92-0.24-0.63-0.64-0.440.58-0.080.410.24-0.52-0.64-0.45
0.950.29-0.65-0.940.960.880.280.880.59-0.970.61-0.230.430.970.340.620.620.29-0.61-0.02-0.28-0.110.610.630.29
0.410.59-0.9-0.520.490.380.610.230.73-0.660.61-0.65-0.220.46-0.250.840.98-0.12-0.78-0.45-0.61-0.53-0.010.850.58
0.05-0.910.270.010.030.2-0.940.240.040.31-0.23-0.650.760.010.83-0.13-0.490.070.790.60.950.960.63-0.15-0.89
0.62-0.72-0.15-0.640.650.78-0.730.790.41-0.30.43-0.220.760.630.990.27-0.050.090.250.390.740.850.960.25-0.7
0.980.07-0.6-0.970.990.960.060.960.62-0.920.970.460.010.630.560.610.510.31-0.440.12-0.050.130.780.610.08
0.57-0.74-0.15-0.540.580.71-0.770.720.42-0.240.34-0.250.830.990.560.27-0.080.160.380.50.780.880.950.25-0.72
0.560.1-0.99-0.670.660.630.120.470.99-0.630.620.84-0.130.270.610.270.92-0.13-0.45-0.17-0.110.00.441.00.1
0.450.41-0.96-0.590.560.480.440.310.85-0.640.620.98-0.49-0.050.51-0.080.92-0.2-0.71-0.43-0.44-0.350.140.930.4
0.470.330.1-0.050.210.10.260.29-0.15-0.440.29-0.120.070.090.310.16-0.13-0.20.310.82-0.23-0.140.24-0.10.37
-0.33-0.590.540.55-0.46-0.36-0.64-0.26-0.340.58-0.61-0.780.790.25-0.440.38-0.45-0.710.310.750.650.590.14-0.46-0.56
0.28-0.220.220.10.060.06-0.290.21-0.1-0.08-0.02-0.450.60.390.120.5-0.17-0.430.820.750.320.370.44-0.16-0.17
-0.07-0.990.25-0.020.00.2-1.00.190.060.41-0.28-0.610.950.74-0.050.78-0.11-0.44-0.230.650.320.980.57-0.14-0.99
0.12-0.970.14-0.180.170.36-0.980.350.170.24-0.11-0.530.960.850.130.880.0-0.35-0.140.590.370.980.71-0.03-0.96
0.78-0.53-0.34-0.750.790.87-0.550.890.55-0.520.61-0.010.630.960.780.950.440.140.240.140.440.570.710.42-0.51
0.570.14-0.99-0.670.660.630.150.460.98-0.640.630.85-0.150.250.610.251.00.93-0.1-0.46-0.16-0.14-0.030.420.13
0.121.0-0.240.020.02-0.190.99-0.15-0.07-0.450.290.58-0.89-0.70.08-0.720.10.40.37-0.56-0.17-0.99-0.96-0.510.13
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J Sainsbury Account Relationship Matchups

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