MAYS Cash And Short Term Investments vs Total Current Liabilities Analysis

MAYS Stock

USD 43.51 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 Cash And Short Term Investments and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J W Mays Cash And Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.

The correlation between J W's Cash And Short Term Investments and Total Current Liabilities is 0.01. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Cash And Short Term Investments and Total Current Liabilities 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 W Mays are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., J W's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of J W Mays balance sheet. This account contains J W investments that will expire within one year. These investments include stocks and bonds that can be liquidated by J W Mays 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.

Total Current Liabilities

Total Current Liabilities is an item on J W balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of J W Mays 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.

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. Also, note that the market value of any company could be tightly coupled 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 60.24 in 2024, despite the fact that Tax Provision is likely to grow to (53 K).

	2021	2022	2023	2024 (projected)
Interest Expense	252.0K	230.8K	207.7K	197.3K
Depreciation And Amortization	1.7M	1.7M	1.9M	1.5M

Interest Expense Depreciation And Amortization

J W fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.71	-0.82	-0.56	0.8	-0.17	0.69	0.8	-0.26	0.99	0.67	0.19	0.7	-0.26	0.77	0.34	-0.51	-0.52	0.71	0.09	0.23	0.47	-0.18	-0.06	-0.06	0.57
Short Long Term Debt Total	0.71		-0.61	-0.34	0.29	-0.63	1.0	0.28	-0.47	0.7	0.73	-0.22	0.89	-0.49	0.98	0.45	-0.54	-0.16	0.99	0.0	0.58	0.79	-0.56	-0.5	-0.5	0.44
Other Current Liab	-0.82	-0.61		0.81	-0.82	-0.12	-0.6	-0.82	0.27	-0.86	-0.61	-0.12	-0.61	0.48	-0.7	-0.1	0.5	0.8	-0.59	0.25	0.01	-0.24	0.1	0.21	0.21	-0.51
Total Current Liabilities	-0.56	-0.34	0.81		-0.7	-0.28	-0.35	-0.7	0.25	-0.63	-0.27	0.01	-0.42	0.52	-0.48	0.36	0.1	0.86	-0.32	0.53	0.47	-0.11	0.02	0.24	0.24	-0.29
Total Stockholder Equity	0.8	0.29	-0.82	-0.7		0.42	0.26	1.0	0.05	0.83	0.54	0.45	0.35	-0.36	0.4	0.0	-0.4	-0.85	0.29	-0.13	-0.14	0.08	0.27	-0.03	-0.03	0.65
Property Plant And Equipment Net	-0.17	-0.63	-0.12	-0.28	0.42		-0.65	0.42	0.55	-0.14	-0.22	0.55	-0.51	-0.11	-0.51	-0.43	0.1	-0.6	-0.61	-0.18	-0.64	-0.71	0.76	0.13	0.13	0.14
Net Debt	0.69	1.0	-0.6	-0.35	0.26	-0.65		0.25	-0.55	0.69	0.71	-0.3	0.91	-0.49	0.98	0.43	-0.52	-0.15	0.98	-0.06	0.57	0.81	-0.6	-0.5	-0.5	0.38
Retained Earnings	0.8	0.28	-0.82	-0.7	1.0	0.42	0.25		0.04	0.83	0.53	0.45	0.34	-0.34	0.39	0.0	-0.39	-0.85	0.28	-0.12	-0.15	0.07	0.27	-0.01	-0.01	0.64
Cash	-0.26	-0.47	0.27	0.25	0.05	0.55	-0.55	0.04		-0.32	-0.16	0.85	-0.56	0.11	-0.44	-0.09	0.06	-0.01	-0.42	0.47	-0.23	-0.55	0.64	0.13	0.13	0.34
Non Current Assets Total	0.99	0.7	-0.86	-0.63	0.83	-0.14	0.69	0.83	-0.32		0.65	0.13	0.7	-0.3	0.76	0.28	-0.5	-0.57	0.69	-0.02	0.19	0.46	-0.2	-0.08	-0.08	0.55
Non Currrent Assets Other	0.67	0.73	-0.61	-0.27	0.54	-0.22	0.71	0.53	-0.16	0.65		0.16	0.66	-0.54	0.71	0.41	-0.64	-0.35	0.71	0.02	0.59	0.6	-0.14	-0.48	-0.48	0.69
Cash And Short Term Investments	0.19	-0.22	-0.12	0.01	0.45	0.55	-0.3	0.45	0.85	0.13	0.16		-0.33	0.08	-0.17	0.09	-0.22	-0.27	-0.18	0.53	-0.13	-0.38	0.59	0.22	0.22	0.6
Net Receivables	0.7	0.89	-0.61	-0.42	0.35	-0.51	0.91	0.34	-0.56	0.7	0.66	-0.33		-0.52	0.92	0.3	-0.43	-0.3	0.91	-0.1	0.42	0.76	-0.4	-0.48	-0.47	0.34
Common Stock Shares Outstanding	-0.26	-0.49	0.48	0.52	-0.36	-0.11	-0.49	-0.34	0.11	-0.3	-0.54	0.08	-0.52		-0.55	0.04	0.38	0.58	-0.5	0.53	-0.13	-0.36	0.03	0.93	0.93	-0.46
Non Current Liabilities Total	0.77	0.98	-0.7	-0.48	0.4	-0.51	0.98	0.39	-0.44	0.76	0.71	-0.17	0.92	-0.55		0.37	-0.52	-0.31	0.98	-0.04	0.44	0.74	-0.48	-0.51	-0.51	0.46
Inventory	0.34	0.45	-0.1	0.36	0.0	-0.43	0.43	0.0	-0.09	0.28	0.41	0.09	0.3	0.04	0.37		-0.8	0.29	0.47	0.46	0.74	0.26	-0.49	-0.06	-0.06	0.13
Other Current Assets	-0.51	-0.54	0.5	0.1	-0.4	0.1	-0.52	-0.39	0.06	-0.5	-0.64	-0.22	-0.43	0.38	-0.52	-0.8		0.25	-0.55	-0.06	-0.58	-0.25	0.36	0.34	0.34	-0.48
Other Stockholder Equity	-0.52	-0.16	0.8	0.86	-0.85	-0.6	-0.15	-0.85	-0.01	-0.57	-0.35	-0.27	-0.3	0.58	-0.31	0.29	0.25		-0.16	0.43	0.39	0.05	-0.35	0.24	0.24	-0.48
Total Liab	0.71	0.99	-0.59	-0.32	0.29	-0.61	0.98	0.28	-0.42	0.69	0.71	-0.18	0.91	-0.5	0.98	0.47	-0.55	-0.16		0.06	0.57	0.78	-0.52	-0.51	-0.51	0.44
Total Current Assets	0.09	0.0	0.25	0.53	-0.13	-0.18	-0.06	-0.12	0.47	-0.02	0.02	0.53	-0.1	0.53	-0.04	0.46	-0.06	0.43	0.06		0.26	-0.06	0.17	0.43	0.43	0.1
Short Term Debt	0.23	0.58	0.01	0.47	-0.14	-0.64	0.57	-0.15	-0.23	0.19	0.59	-0.13	0.42	-0.13	0.44	0.74	-0.58	0.39	0.57	0.26		0.6	-0.4	-0.32	-0.32	0.3
Accounts Payable	0.47	0.79	-0.24	-0.11	0.08	-0.71	0.81	0.07	-0.55	0.46	0.6	-0.38	0.76	-0.36	0.74	0.26	-0.25	0.05	0.78	-0.06	0.6		-0.46	-0.45	-0.45	0.3
Property Plant And Equipment Gross	-0.18	-0.56	0.1	0.02	0.27	0.76	-0.6	0.27	0.64	-0.2	-0.14	0.59	-0.4	0.03	-0.48	-0.49	0.36	-0.35	-0.52	0.17	-0.4	-0.46		0.18	0.18	0.27
Common Stock Total Equity	-0.06	-0.5	0.21	0.24	-0.03	0.13	-0.5	-0.01	0.13	-0.08	-0.48	0.22	-0.48	0.93	-0.51	-0.06	0.34	0.24	-0.51	0.43	-0.32	-0.45	0.18		1.0	-0.34
Common Stock	-0.06	-0.5	0.21	0.24	-0.03	0.13	-0.5	-0.01	0.13	-0.08	-0.48	0.22	-0.47	0.93	-0.51	-0.06	0.34	0.24	-0.51	0.43	-0.32	-0.45	0.18	1.0		-0.34
Other Liab	0.57	0.44	-0.51	-0.29	0.65	0.14	0.38	0.64	0.34	0.55	0.69	0.6	0.34	-0.46	0.46	0.13	-0.48	-0.48	0.44	0.1	0.3	0.3	0.27	-0.34	-0.34

Click cells to compare fundamentals

J W Account Relationship Matchups

J W fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	100.4M	97.5M	94.0M	91.9M	105.7M	58.4M
Short Long Term Debt Total	38.4M	35.4M	33.0M	31.7M	36.4M	38.2M
Other Current Liab	(945.4K)	834.5K	1.1M	1.0M	905.3K	1.8M
Total Current Liabilities	2.9M	3.5M	3.4M	2.7M	2.5M	3.2M
Total Stockholder Equity	53.7M	54.1M	53.4M	53.3M	61.3M	40.1M
Property Plant And Equipment Net	37.1M	34.6M	32.1M	30.9M	35.6M	38.0M
Net Debt	35.1M	33.8M	31.9M	30.4M	35.0M	36.8M
Retained Earnings	49.5M	49.9M	49.2M	49.1M	56.4M	34.7M
Cash	3.3M	1.6M	1.0M	1.2M	1.4M	2.6M
Non Current Assets Total	87.7M	86.4M	83.8M	84.4M	97.0M	50.3M
Non Currrent Assets Other	46.8M	51.8M	51.7M	53.4M	61.5M	64.5M
Cash And Short Term Investments	7.0M	5.5M	3.8M	3.5M	4.0M	3.5M
Net Receivables	2.2M	2.4M	2.8M	3.0M	2.7M	2.9M
Liabilities And Stockholders Equity	100.4M	97.5M	94.0M	91.9M	105.7M	58.4M
Non Current Liabilities Total	43.8M	39.9M	37.3M	35.9M	41.3M	43.3M
Inventory	10.2M	8.1M	410.8K	6.3M	7.2M	3.9M
Other Current Assets	(6.6M)	(4.9M)	3.7M	(5.3M)	(4.7M)	(4.5M)
Total Liab	46.7M	43.4M	40.6M	38.6M	44.4M	46.6M
Total Current Assets	12.8M	11.1M	10.2M	7.6M	6.8M	5.9M
Short Term Debt	3.2M	3.3M	3.4M	3.5M	4.0M	4.2M
Accounts Payable	68.1K	2.6M	2.3M	1.7M	2.0M	2.1M
Property Plant And Equipment Gross	37.1M	34.6M	84.5M	30.9M	35.6M	54.2M
Other Liab	5.6M	5.4M	5.3M	5.2M	6.0M	6.3M
Other Assets	3.0M	3.7M	3.6M	3.3M	3.7M	3.6M
Long Term Debt	9.4M	7.5M	6.4M	5.1M	4.6M	6.0M
Short Term Investments	3.7M	3.9M	2.8M	2.3M	2.6M	1.4M
Property Plant Equipment	47.6M	82.6M	48.1M	78.3M	90.1M	51.7M
Current Deferred Revenue	643.6K	(3.3M)	(3.4M)	(3.5M)	(3.1M)	(3.0M)
Net Tangible Assets	53.7M	54.1M	53.4M	53.3M	61.3M	54.7M
Retained Earnings Total Equity	48.4M	50.4M	49.5M	49.2M	56.5M	49.0M
Deferred Long Term Liab	4.7M	3.7M	4.3M	3.3M	3.7M	3.3M
Accumulated Depreciation	(41.6M)	(43.5M)	(33.0M)	(36.5M)	(32.8M)	(34.5M)
Long Term Debt Total	5.3M	690.4K	9.4M	6.4M	5.7M	4.6M

Pair Trading with J W

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 J W 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 J W will appreciate offsetting losses from the drop in the long position's value.

Moving against MAYS Stock

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0.63	ARL	American Realty Investors Potential Growth	Pair Corr

The ability to find closely correlated positions to J W could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace J W 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 J W - 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 J W Mays to buy it.

The correlation of J W 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 J W moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if J W Mays 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 J W 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.

Pair Correlation Correlation Matching

When determining whether J W Mays is a strong investment it is important to analyze J W's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact J W's future performance. For an informed investment choice regarding MAYS Stock, refer to the following important reports:

How To Invest In MAYS

Details

Is MAYS Stock a good investment?

Details

What is J W's Net Worth?

Details

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for MAYS Stock analysis

When running J W's price analysis, check to measure J W'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 J W is operating at the current time. Most of J W's value examination focuses on studying past and present price action to predict the probability of J W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J W's price. Additionally, you may evaluate how the addition of J W to your portfolios can decrease your overall portfolio volatility.

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Is J W'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 J W. If investors know MAYS 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 J W listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.23)

Revenue Per Share

10.769

Quarterly Revenue Growth

(0.07)

Return On Assets

(0)

Return On Equity

(0.01)

The market value of J W Mays is measured differently than its book value, which is the value of MAYS that is recorded on the company's balance sheet. Investors also form their own opinion of J W's value that differs from its market value or its book value, called intrinsic value, which is J W'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 J W's market value can be influenced by many factors that don't directly affect J W'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 J W's value and its price as these two are different measures arrived at by different means. Investors typically determine if J W is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J W'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.

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MAYS Cash And Short Term Investments vs Total Current Liabilities Analysis

Cash And Short Term Investments vs Total Current Liabilities

Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Total Current Liabilities

J W fundamental ratios Correlations

J W Account Relationship Matchups

High Positive Relationship

High Negative Relationship

J W fundamental ratios Accounts

Pair Trading with J W

Moving against MAYS Stock

Complementary Tools for MAYS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total

Non Current Assets Total	- 0.86	Other Current Liab
Other Stockholder Equity	- 0.85	Retained Earnings
Other Stockholder Equity	- 0.85	Total Stockholder Equity
Retained Earnings	- 0.82	Other Current Liab
Total Stockholder Equity	- 0.82	Other Current Liab
Other Current Liab	- 0.82	Total Assets