MAYS Net Income vs Gross Profit 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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J W Mays Net Income account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between J W's Net Income and Gross Profit is -0.08. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of J W Mays are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., J W's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in J W Mays financial statement analysis. It represents the amount of money remaining after all of J W Mays operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of J W Mays minus its cost of goods sold. It is profit before J W operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 Expense252.0K230.8K207.7K197.3K
Depreciation And Amortization1.7M1.7M1.9M1.5M

J W fundamental ratios Correlations

0.71-0.82-0.560.8-0.170.690.8-0.260.990.670.190.7-0.260.770.34-0.51-0.520.710.090.230.47-0.18-0.06-0.060.57
0.71-0.61-0.340.29-0.631.00.28-0.470.70.73-0.220.89-0.490.980.45-0.54-0.160.990.00.580.79-0.56-0.5-0.50.44
-0.82-0.610.81-0.82-0.12-0.6-0.820.27-0.86-0.61-0.12-0.610.48-0.7-0.10.50.8-0.590.250.01-0.240.10.210.21-0.51
-0.56-0.340.81-0.7-0.28-0.35-0.70.25-0.63-0.270.01-0.420.52-0.480.360.10.86-0.320.530.47-0.110.020.240.24-0.29
0.80.29-0.82-0.70.420.261.00.050.830.540.450.35-0.360.40.0-0.4-0.850.29-0.13-0.140.080.27-0.03-0.030.65
-0.17-0.63-0.12-0.280.42-0.650.420.55-0.14-0.220.55-0.51-0.11-0.51-0.430.1-0.6-0.61-0.18-0.64-0.710.760.130.130.14
0.691.0-0.6-0.350.26-0.650.25-0.550.690.71-0.30.91-0.490.980.43-0.52-0.150.98-0.060.570.81-0.6-0.5-0.50.38
0.80.28-0.82-0.71.00.420.250.040.830.530.450.34-0.340.390.0-0.39-0.850.28-0.12-0.150.070.27-0.01-0.010.64
-0.26-0.470.270.250.050.55-0.550.04-0.32-0.160.85-0.560.11-0.44-0.090.06-0.01-0.420.47-0.23-0.550.640.130.130.34
0.990.7-0.86-0.630.83-0.140.690.83-0.320.650.130.7-0.30.760.28-0.5-0.570.69-0.020.190.46-0.2-0.08-0.080.55
0.670.73-0.61-0.270.54-0.220.710.53-0.160.650.160.66-0.540.710.41-0.64-0.350.710.020.590.6-0.14-0.48-0.480.69
0.19-0.22-0.120.010.450.55-0.30.450.850.130.16-0.330.08-0.170.09-0.22-0.27-0.180.53-0.13-0.380.590.220.220.6
0.70.89-0.61-0.420.35-0.510.910.34-0.560.70.66-0.33-0.520.920.3-0.43-0.30.91-0.10.420.76-0.4-0.48-0.470.34
-0.26-0.490.480.52-0.36-0.11-0.49-0.340.11-0.3-0.540.08-0.52-0.550.040.380.58-0.50.53-0.13-0.360.030.930.93-0.46
0.770.98-0.7-0.480.4-0.510.980.39-0.440.760.71-0.170.92-0.550.37-0.52-0.310.98-0.040.440.74-0.48-0.51-0.510.46
0.340.45-0.10.360.0-0.430.430.0-0.090.280.410.090.30.040.37-0.80.290.470.460.740.26-0.49-0.06-0.060.13
-0.51-0.540.50.1-0.40.1-0.52-0.390.06-0.5-0.64-0.22-0.430.38-0.52-0.80.25-0.55-0.06-0.58-0.250.360.340.34-0.48
-0.52-0.160.80.86-0.85-0.6-0.15-0.85-0.01-0.57-0.35-0.27-0.30.58-0.310.290.25-0.160.430.390.05-0.350.240.24-0.48
0.710.99-0.59-0.320.29-0.610.980.28-0.420.690.71-0.180.91-0.50.980.47-0.55-0.160.060.570.78-0.52-0.51-0.510.44
0.090.00.250.53-0.13-0.18-0.06-0.120.47-0.020.020.53-0.10.53-0.040.46-0.060.430.060.26-0.060.170.430.430.1
0.230.580.010.47-0.14-0.640.57-0.15-0.230.190.59-0.130.42-0.130.440.74-0.580.390.570.260.6-0.4-0.32-0.320.3
0.470.79-0.24-0.110.08-0.710.810.07-0.550.460.6-0.380.76-0.360.740.26-0.250.050.78-0.060.6-0.46-0.45-0.450.3
-0.18-0.560.10.020.270.76-0.60.270.64-0.2-0.140.59-0.40.03-0.48-0.490.36-0.35-0.520.17-0.4-0.460.180.180.27
-0.06-0.50.210.24-0.030.13-0.5-0.010.13-0.08-0.480.22-0.480.93-0.51-0.060.340.24-0.510.43-0.32-0.450.181.0-0.34
-0.06-0.50.210.24-0.030.13-0.5-0.010.13-0.08-0.480.22-0.470.93-0.51-0.060.340.24-0.510.43-0.32-0.450.181.0-0.34
0.570.44-0.51-0.290.650.140.380.640.340.550.690.60.34-0.460.460.13-0.48-0.480.440.10.30.30.27-0.34-0.34
Click cells to compare fundamentals

J W Account Relationship Matchups

J W fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets100.4M97.5M94.0M91.9M105.7M58.4M
Short Long Term Debt Total38.4M35.4M33.0M31.7M36.4M38.2M
Other Current Liab(945.4K)834.5K1.1M1.0M905.3K1.8M
Total Current Liabilities2.9M3.5M3.4M2.7M2.5M3.2M
Total Stockholder Equity53.7M54.1M53.4M53.3M61.3M40.1M
Property Plant And Equipment Net37.1M34.6M32.1M30.9M35.6M38.0M
Net Debt35.1M33.8M31.9M30.4M35.0M36.8M
Retained Earnings49.5M49.9M49.2M49.1M56.4M34.7M
Cash3.3M1.6M1.0M1.2M1.4M2.6M
Non Current Assets Total87.7M86.4M83.8M84.4M97.0M50.3M
Non Currrent Assets Other46.8M51.8M51.7M53.4M61.5M64.5M
Cash And Short Term Investments7.0M5.5M3.8M3.5M4.0M3.5M
Net Receivables2.2M2.4M2.8M3.0M2.7M2.9M
Liabilities And Stockholders Equity100.4M97.5M94.0M91.9M105.7M58.4M
Non Current Liabilities Total43.8M39.9M37.3M35.9M41.3M43.3M
Inventory10.2M8.1M410.8K6.3M7.2M3.9M
Other Current Assets(6.6M)(4.9M)3.7M(5.3M)(4.7M)(4.5M)
Total Liab46.7M43.4M40.6M38.6M44.4M46.6M
Total Current Assets12.8M11.1M10.2M7.6M6.8M5.9M
Short Term Debt3.2M3.3M3.4M3.5M4.0M4.2M
Accounts Payable68.1K2.6M2.3M1.7M2.0M2.1M
Property Plant And Equipment Gross37.1M34.6M84.5M30.9M35.6M54.2M
Other Liab5.6M5.4M5.3M5.2M6.0M6.3M
Other Assets3.0M3.7M3.6M3.3M3.7M3.6M
Long Term Debt9.4M7.5M6.4M5.1M4.6M6.0M
Short Term Investments3.7M3.9M2.8M2.3M2.6M1.4M
Property Plant Equipment47.6M82.6M48.1M78.3M90.1M51.7M
Current Deferred Revenue643.6K(3.3M)(3.4M)(3.5M)(3.1M)(3.0M)
Net Tangible Assets53.7M54.1M53.4M53.3M61.3M54.7M
Retained Earnings Total Equity48.4M50.4M49.5M49.2M56.5M49.0M
Deferred Long Term Liab4.7M3.7M4.3M3.3M3.7M3.3M
Accumulated Depreciation(41.6M)(43.5M)(33.0M)(36.5M)(32.8M)(34.5M)
Long Term Debt Total5.3M690.4K9.4M6.4M5.7M4.6M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards J W in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, J W's short interest history, or implied volatility extrapolated from J W options trading.

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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:
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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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.