Jabil Circuit Stock Current Ratio

JBL Stock  USD 132.66  1.41  1.05%   
Jabil Circuit fundamentals help investors to digest information that contributes to Jabil Circuit's financial success or failures. It also enables traders to predict the movement of Jabil Stock. The fundamental analysis module provides a way to measure Jabil Circuit's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Jabil Circuit stock.
Last ReportedProjected for Next Year
Current Ratio 1.33  1.60 
Current Ratio is expected to rise to 1.60 this year.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Jabil Circuit Company Current Ratio Analysis

Jabil Circuit's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Jabil Circuit Current Ratio

    
  1.01 X  
Most of Jabil Circuit's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Jabil Circuit is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Jabil Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Jabil Circuit is extremely important. It helps to project a fair market value of Jabil Stock properly, considering its historical fundamentals such as Current Ratio. Since Jabil Circuit's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Jabil Circuit's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Jabil Circuit's interrelated accounts and indicators.
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Jabil Current Ratio Historical Pattern

Today, most investors in Jabil Circuit Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Jabil Circuit's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Jabil Circuit current ratio as a starting point in their analysis.
   Jabil Circuit Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Jabil Discontinued Operations

Discontinued Operations

(7.33 Million)

The company's current value of Discontinued Operations is estimated at (7.33 Million)
In accordance with the recently published financial statements, Jabil Circuit has a Current Ratio of 1.01 times. This is 64.31% lower than that of the Electronic Equipment, Instruments & Components sector and 66.78% lower than that of the Information Technology industry. The current ratio for all United States stocks is 53.24% higher than that of the company.

Jabil Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jabil Circuit's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Jabil Circuit could also be used in its relative valuation, which is a method of valuing Jabil Circuit by comparing valuation metrics of similar companies.
Jabil Circuit is currently under evaluation in current ratio category among related companies.

Jabil Fundamentals

About Jabil Circuit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Jabil Circuit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jabil Circuit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jabil Circuit based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Jabil Circuit Investors Sentiment

The influence of Jabil Circuit's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Jabil. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Jabil Circuit's public news can be used to forecast risks associated with an investment in Jabil. The trend in average sentiment can be used to explain how an investor holding Jabil can time the market purely based on public headlines and social activities around Jabil Circuit. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Jabil Circuit's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Jabil Circuit's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Jabil Circuit's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Jabil Circuit.
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 Jabil Circuit 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, Jabil Circuit's short interest history, or implied volatility extrapolated from Jabil Circuit options trading.

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When determining whether Jabil Circuit is a strong investment it is important to analyze Jabil Circuit'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 Jabil Circuit's future performance. For an informed investment choice regarding Jabil Stock, refer to the following important reports:
Check out Jabil Circuit Piotroski F Score and Jabil Circuit Altman Z Score analysis.
For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
Note that the Jabil Circuit information on this page should be used as a complementary analysis to other Jabil Circuit'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Jabil Circuit's price analysis, check to measure Jabil Circuit'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 Jabil Circuit is operating at the current time. Most of Jabil Circuit's value examination focuses on studying past and present price action to predict the probability of Jabil Circuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jabil Circuit's price. Additionally, you may evaluate how the addition of Jabil Circuit to your portfolios can decrease your overall portfolio volatility.
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Is Jabil Circuit'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 Jabil Circuit. If investors know Jabil 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 Jabil Circuit 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
3.809
Dividend Share
0.32
Earnings Share
11.54
Revenue Per Share
247.585
Quarterly Revenue Growth
(0.17)
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit'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 Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit'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 Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit'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.