JBG Total Current Liabilities vs Accounts Payable Analysis
JBGS Stock | USD 14.40 0.29 2.06% |
JBG SMITH financial indicator trend analysis is infinitely more than just investigating JBG SMITH Properties recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBG SMITH Properties is a good investment. Please check the relationship between JBG SMITH Total Current Liabilities and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Total Current Liabilities vs Accounts Payable
Total Current Liabilities vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JBG SMITH Properties Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between JBG SMITH's Total Current Liabilities and Accounts Payable is 0.35. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of JBG SMITH Properties, assuming nothing else is changed. The correlation between historical values of JBG SMITH's Total Current Liabilities and Accounts Payable 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 Current Liabilities of JBG SMITH Properties are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., JBG SMITH's Total Current Liabilities and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on JBG SMITH balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JBG SMITH Properties are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents JBG SMITH obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JBG SMITH Properties are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from JBG SMITH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBG SMITH Properties 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 JBG SMITH Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, JBG SMITH's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Tax Provision is likely to drop (310.8 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 68.0M | 75.9M | 91.1M | 70.3M | Depreciation And Amortization | 236.3M | 213.8M | 215.6M | 196.0M |
JBG SMITH fundamental ratios Correlations
Click cells to compare fundamentals
JBG SMITH Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JBG SMITH fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 130.7M | 133.5M | 130.8M | 119.0M | 105.1M | 131.8M | |
Total Assets | 6.0B | 6.1B | 6.4B | 5.9B | 5.5B | 5.8B | |
Short Long Term Debt Total | 1.6B | 2.0B | 2.5B | 2.4B | 2.6B | 2.1B | |
Total Current Liabilities | 157.7M | 103.1M | 106.1M | 138.1M | 186.9M | 161.3M | |
Total Stockholder Equity | 3.4B | 3.2B | 2.4B | 2.7B | 2.2B | 2.9B | |
Net Debt | 1.5B | 1.8B | 2.2B | 2.2B | 2.5B | 1.9B | |
Accounts Payable | 157.7M | 103.1M | 106.1M | 138.1M | 124.9M | 113.8M | |
Cash | 126.4M | 225.6M | 264.4M | 241.1M | 164.8M | 188.7M | |
Non Current Assets Total | 5.6B | 5.6B | 5.8B | 5.4B | 5.1B | 5.3B | |
Non Currrent Assets Other | 422.1M | 360.5M | 516.0M | 4.9B | 11.8M | 11.2M | |
Cash And Short Term Investments | 126.4M | 225.6M | 264.4M | 241.1M | 164.8M | 188.7M | |
Net Receivables | 222.7M | 226.5M | 236.8M | 227.1M | 215.5M | 177.2M | |
Liabilities And Stockholders Equity | 6.0B | 6.1B | 6.4B | 5.9B | 5.5B | 5.8B | |
Non Current Liabilities Total | 1.8B | 2.2B | 3.3B | 2.6B | 2.6B | 2.3B | |
Other Current Assets | (365.2M) | (489.8M) | (538.9M) | 49.9M | (415.9M) | (395.1M) | |
Other Stockholder Equity | 3.6B | 3.7B | 3.0B | 3.3B | 3.0B | 3.2B | |
Total Liab | 2.0B | 2.3B | 3.4B | 2.7B | 2.8B | 2.5B | |
Total Current Assets | 365.2M | 489.8M | 538.9M | 501.2M | 429.5M | 473.2M | |
Intangible Assets | 72.3M | 58.6M | 77.2M | 162.2M | 56.6M | 72.1M | |
Other Current Liab | (200M) | 96.5M | (300M) | 48.7M | 24.1M | 25.3M | |
Other Liab | 108.2M | 247.8M | 342.6M | 79.8M | 91.8M | 153.6M | |
Net Tangible Assets | 3.3B | 3.7B | 2.9B | 3.0B | 3.5B | 3.1B | |
Other Assets | 145.8M | 5.9B | 5.1B | 110.9M | 127.5M | 121.2M | |
Long Term Debt | 1.6B | 2.0B | 2.2B | 2.4B | 2.5B | 2.2B | |
Long Term Debt Total | 1.6B | 2.0B | 2.2B | 2.4B | 2.8B | 2.1B | |
Deferred Long Term Liab | 129.1M | 123.8M | 136.2M | 99.6M | 114.5M | 127.8M | |
Long Term Investments | 543.0M | 461.4M | 462.9M | 320.2M | 289.6M | 334.8M | |
Common Stock | 1.3M | 1.3M | 1.3M | 1.1M | 944K | 896.8K | |
Property Plant Equipment | 4.7B | 4.8B | 4.9B | 4.8B | 5.5B | 4.9B | |
Non Current Liabilities Other | 62.7M | 247.8M | 342.6M | 39.5M | 33.7M | 32.0M | |
Warrants | 612.8M | 530.7M | 522.7M | 481.3M | 433.2M | 442.0M | |
Noncontrolling Interest In Consolidated Entity | 201K | 167K | 22.5M | 32.2M | 37.1M | 38.9M | |
Retained Earnings | (231.2M) | (412.9M) | (609.3M) | (628.6M) | (777.0M) | (738.1M) | |
Common Stock Total Equity | 1.3M | 1.3M | 1.3M | 1.1M | 1.0M | 995.6K | |
Retained Earnings Total Equity | (231.2M) | (412.9M) | (609.3M) | (628.6M) | (565.8M) | (594.1M) | |
Capital Surpluse | 3.6B | 3.7B | 3.5B | 3.3B | 3.8B | 3.7B | |
Capital Lease Obligations | 28.5M | 51.0M | 169.4M | 5.3M | 75.6M | 56.8M |
Pair Trading with JBG SMITH
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JBG SMITH position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JBG SMITH will appreciate offsetting losses from the drop in the long position's value.Moving together with JBG Stock
0.83 | FR | First Industrial Realty | PairCorr |
0.71 | PK | Park Hotels Resorts | PairCorr |
Moving against JBG Stock
0.7 | CTO | CTO Realty Growth | PairCorr |
0.69 | EPRT | Essential Properties | PairCorr |
0.62 | AHH | Armada Hflr Pr | PairCorr |
0.59 | BDN | Brandywine Realty Trust | PairCorr |
0.57 | CIO | City Office | PairCorr |
The ability to find closely correlated positions to JBG SMITH could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JBG SMITH when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JBG SMITH - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JBG SMITH Properties to buy it.
The correlation of JBG SMITH is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JBG SMITH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JBG SMITH Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JBG SMITH can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the JBG SMITH Properties information on this page should be used as a complementary analysis to other JBG SMITH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running JBG SMITH's price analysis, check to measure JBG SMITH's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JBG SMITH is operating at the current time. Most of JBG SMITH's value examination focuses on studying past and present price action to predict the probability of JBG SMITH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBG SMITH's price. Additionally, you may evaluate how the addition of JBG SMITH to your portfolios can decrease your overall portfolio volatility.
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Is JBG SMITH's industry 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 JBG SMITH. If investors know JBG 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 JBG SMITH 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 0.595 | Dividend Share 0.8 | Earnings Share (1.33) | Revenue Per Share 6.001 | Quarterly Revenue Growth (0.05) |
The market value of JBG SMITH Properties is measured differently than its book value, which is the value of JBG that is recorded on the company's balance sheet. Investors also form their own opinion of JBG SMITH's value that differs from its market value or its book value, called intrinsic value, which is JBG SMITH'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 JBG SMITH's market value can be influenced by many factors that don't directly affect JBG SMITH'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 JBG SMITH's value and its price as these two are different measures arrived at by different means. Investors typically determine if JBG SMITH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JBG SMITH'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.