Janone Total Current Assets vs Inventory Analysis
JAN Stock | USD 3.07 0.02 0.66% |
Janone financial indicator trend analysis is infinitely more than just investigating Janone Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janone Inc is a good investment. Please check the relationship between Janone Total Current Assets and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janone Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Total Current Assets vs Inventory
Total Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janone Inc Total Current Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Janone's Total Current Assets and Inventory is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Janone Inc, assuming nothing else is changed. The correlation between historical values of Janone's Total Current Assets and Inventory 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 Janone Inc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Assets i.e., Janone's Total Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Inventory
Most indicators from Janone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janone Inc 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 Janone Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Janone's Selling General Administrative is very stable compared to the past year. As of the 24th of May 2024, Discontinued Operations is likely to grow to about 7 M, though Tax Provision is likely to grow to (6.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 15.9M | 11.8M | 3.2M | 3.1M | Cost Of Revenue | 31.2M | 32.0M | 1.5M | 1.4M |
Janone fundamental ratios Correlations
Click cells to compare fundamentals
Janone Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Janone fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.0M | 24.4M | 15.2M | 46.8M | 18.5M | 29.1M | |
Short Long Term Debt Total | 4.7M | 6.6M | 6.6M | 12.5M | 707K | 671.7K | |
Other Current Liab | 8.9M | 10.4M | 11.2M | 10.3M | 3.6M | 3.7M | |
Total Current Liabilities | 17.6M | 20.6M | 19.4M | 23.9M | 5.9M | 5.6M | |
Total Stockholder Equity | 10.3M | 2.4M | (8.7M) | 16.8M | 11.2M | 9.1M | |
Property Plant And Equipment Net | 2.2M | 3.2M | 5.8M | 8.0M | (635K) | (603.3K) | |
Net Debt | 4.2M | 6.2M | 5.9M | 12.3M | 702K | 666.9K | |
Retained Earnings | (28.4M) | (36.9M) | (53.8M) | (42.8M) | (50.6M) | (48.1M) | |
Accounts Payable | 4.4M | 4.7M | 5.3M | 6.7M | 2.3M | 3.7M | |
Cash | 481K | 379K | 705K | 115K | 5K | 4.8K | |
Non Current Assets Total | 20.2M | 17.4M | 7.6M | 37.6M | 18.1M | 12.5M | |
Cash And Short Term Investments | 481K | 379K | 705K | 115K | 5K | 4.8K | |
Net Receivables | 6.7M | 3.8M | 4.2M | 7.9M | 266K | 252.7K | |
Common Stock Shares Outstanding | 1.8M | 1.9M | 2.7M | 3.2M | 4.0M | 4.2M | |
Liabilities And Stockholders Equity | 29.0M | 24.4M | 15.2M | 46.8M | 18.5M | 29.1M | |
Non Current Liabilities Total | 1.1M | 1.4M | 4.5M | 6.0M | 1.4M | 1.3M | |
Inventory | 1.3M | 1.6M | 1.2M | 366K | 420.9K | 399.9K | |
Other Current Assets | 356K | 1.1M | 1.4M | 770K | 75K | 71.3K | |
Other Stockholder Equity | 39.3M | 39.9M | 45.7M | 45.7M | 61.8M | 64.9M | |
Total Liab | 18.7M | 22.0M | 23.8M | 29.9M | 7.3M | 6.9M | |
Total Current Assets | 8.8M | 6.9M | 7.6M | 9.2M | 346K | 328.7K | |
Short Term Debt | 3.8M | 5.2M | 2.9M | 6.7M | 7.7M | 6.8M | |
Non Currrent Assets Other | 272K | 231K | 1.6M | 9.0M | 5K | 5.3K | |
Current Deferred Revenue | 515K | 292K | 17K | 290K | 261K | 248.0K | |
Property Plant And Equipment Gross | 2.2M | 732K | 8.2M | 10.7M | 12.3M | 7.7M | |
Intangible Assets | 17.7M | 14.0M | 268K | 20.0M | 17.8M | 18.7M | |
Net Tangible Assets | (7.4M) | (11.6M) | (8.9M) | (17.7M) | (16.0M) | (15.2M) | |
Retained Earnings Total Equity | (10.9M) | (16.5M) | (28.4M) | (36.9M) | (33.2M) | (31.6M) | |
Property Plant Equipment | 2.2M | 3.2M | 5.8M | 8.0M | 7.2M | 5.9M | |
Other Assets | 272K | 2.7M | 1.6M | 9.2M | 10.6M | 11.2M | |
Other Liab | 3.7M | 270K | 680K | 241K | 216.9K | 206.1K |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janone Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Janone Inc information on this page should be used as a complementary analysis to other Janone'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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Is Janone'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 Janone. If investors know Janone 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 Janone 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 (0.99) | Earnings Share (4.40) | Revenue Per Share 11.147 | Quarterly Revenue Growth (0.29) | Return On Assets (0.13) |
The market value of Janone Inc is measured differently than its book value, which is the value of Janone that is recorded on the company's balance sheet. Investors also form their own opinion of Janone's value that differs from its market value or its book value, called intrinsic value, which is Janone'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 Janone's market value can be influenced by many factors that don't directly affect Janone'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 Janone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janone'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.