SJM Good Will vs Total Assets Analysis
SJM Stock | USD 113.30 0.59 0.52% |
JM Smucker financial indicator trend analysis is infinitely more than just investigating JM Smucker recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JM Smucker is a good investment. Please check the relationship between JM Smucker Good Will and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JM Smucker Good Will account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between JM Smucker's Good Will and Total Assets is 1.0. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of JM Smucker, assuming nothing else is changed. The correlation between historical values of JM Smucker's Good Will and Total 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 Good Will of JM Smucker are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., JM Smucker's Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Assets
Total assets refers to the total amount of JM Smucker assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JM Smucker books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from JM Smucker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JM Smucker 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 JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.As of the 22nd of November 2024, Enterprise Value is likely to grow to about 18.7 B, while Selling General Administrative is likely to drop about 46.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 8.0B | 8.5B | 8.2B | 8.6B | Depreciation And Amortization | 459.1M | 431M | 430.8M | 452.3M |
JM Smucker fundamental ratios Correlations
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JM Smucker Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JM Smucker fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.0B | 16.3B | 16.1B | 15.0B | 20.3B | 21.3B | |
Short Long Term Debt Total | 5.6B | 4.8B | 4.5B | 4.3B | 8.6B | 9.0B | |
Other Current Liab | 557.1M | 653.0M | 538M | 594.1M | 791.3M | 830.9M | |
Total Current Liabilities | 1.6B | 2.9B | 2.0B | 2.0B | 3.8B | 3.9B | |
Total Stockholder Equity | 8.2B | 8.1B | 8.1B | 7.3B | 7.7B | 8.1B | |
Property Plant And Equipment Net | 2.0B | 2.0B | 2.1B | 2.2B | 3.2B | 3.4B | |
Net Debt | 5.2B | 4.4B | 4.3B | 3.7B | 8.5B | 8.9B | |
Retained Earnings | 2.7B | 2.8B | 2.9B | 2.1B | 2.2B | 2.3B | |
Cash | 391.1M | 334.3M | 169.9M | 655.8M | 62M | 58.9M | |
Non Current Assets Total | 15.0B | 14.3B | 14.0B | 12.1B | 18.3B | 19.2B | |
Non Currrent Assets Other | 294.8M | 276.2M | 245.2M | 247M | 132.1M | 73.5M | |
Cash And Short Term Investments | 391.1M | 334.3M | 169.9M | 1.1B | 62M | 58.9M | |
Net Receivables | 551.4M | 533.7M | 524.7M | 597.6M | 736.5M | 773.3M | |
Common Stock Shares Outstanding | 113.4M | 112M | 107.9M | 106.2M | 104.2M | 69.5M | |
Liabilities And Stockholders Equity | 17.0B | 16.3B | 16.1B | 15.0B | 20.3B | 21.3B | |
Non Current Liabilities Total | 7.2B | 5.3B | 6.0B | 5.7B | 8.8B | 9.3B | |
Inventory | 895.3M | 959.9M | 1.1B | 1.0B | 1.0B | 1.1B | |
Other Current Assets | 134.9M | 113.8M | 226.2M | 107.7M | 129.5M | 69.6M | |
Other Stockholder Equity | 5.8B | 5.5B | 5.5B | 5.4B | 5.7B | 6.0B | |
Total Liab | 8.8B | 8.2B | 7.9B | 7.7B | 12.6B | 13.2B | |
Total Current Assets | 2.0B | 1.9B | 2.0B | 2.9B | 2.0B | 2.1B | |
Short Term Debt | 248M | 1.3B | 221.5M | 33.2M | 1.6B | 1.7B | |
Intangible Assets | 6.4B | 6.0B | 5.7B | 4.4B | 7.3B | 7.6B | |
Accounts Payable | 782M | 936.7M | 1.2B | 1.4B | 1.3B | 1.4B | |
Good Will | 6.3B | 6.0B | 6.0B | 5.2B | 7.6B | 8.0B | |
Property Plant And Equipment Gross | 2.1B | 2.1B | 4.1B | 4.2B | 5.3B | 5.6B | |
Accumulated Other Comprehensive Income | (379M) | (277.4M) | (237.4M) | (239.2M) | (234.6M) | (222.9M) | |
Other Liab | 1.7B | 1.8B | 1.7B | 1.3B | 1.5B | 903.2M | |
Other Assets | 107.8M | 276.2M | 245.2M | 120M | 138M | 111.8M | |
Long Term Debt | 5.4B | 3.5B | 4.3B | 4.3B | 6.8B | 7.1B | |
Property Plant Equipment | 2.0B | 2.0B | 2.1B | 2.2B | 2.6B | 2.7B | |
Net Tangible Assets | 8.2B | 8.1B | (3.5B) | 7.3B | 8.4B | 5.5B | |
Retained Earnings Total Equity | 2.7B | 2.8B | 2.9B | 2.1B | 2.5B | 1.9B | |
Long Term Debt Total | 5.4B | 3.5B | 4.3B | 4.3B | 5.0B | 4.2B | |
Capital Surpluse | 5.8B | 5.5B | 5.5B | 5.4B | 6.2B | 5.8B | |
Deferred Long Term Liab | 1.4B | 1.3B | 1.3B | 1.1B | 1.3B | 1.6B |
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Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JM Smucker. If investors know SJM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 4.26 | Earnings Share 7.08 | Revenue Per Share 80.881 | Quarterly Revenue Growth 0.177 |
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.