MAYS Total Current Assets vs Total Stockholder Equity 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 Total Current Assets and its Total Stockholder Equity 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.
Total Current Assets vs Total Stockholder Equity
Total Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J W Mays Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between J W's Total Current Assets and Total Stockholder Equity is -0.13. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity 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 Total Current Assets and Total Stockholder Equity 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 Assets of J W Mays are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., J W's Total Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 |
J W fundamental ratios Correlations
Click cells to compare fundamentals
J W Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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0.66 | UK | Ucommune International | PairCorr |
0.63 | ARL | American Realty Investors | PairCorr |
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.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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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.