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 DirectionPositive 
Relationship StrengthVery 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 Expenses15.9M11.8M3.2M3.1M
Cost Of Revenue31.2M32.0M1.5M1.4M

Janone fundamental ratios Correlations

0.730.180.70.70.620.710.420.690.420.450.420.81-0.210.730.630.39-0.20.770.780.690.330.10.50.240.5
0.730.290.850.150.970.980.50.750.53-0.060.530.62-0.430.80.90.73-0.550.910.90.840.32-0.250.830.60.83
0.180.290.69-0.330.230.39-0.410.68-0.320.24-0.320.30.190.04-0.010.420.210.590.090.190.41-0.38-0.13-0.07-0.13
0.70.850.690.060.790.890.210.930.180.160.180.7-0.270.570.660.71-0.290.980.740.680.39-0.170.530.280.53
0.70.15-0.330.060.030.080.430.040.350.620.350.57-0.150.360.16-0.2-0.050.140.340.210.110.380.1-0.110.1
0.620.970.230.790.030.950.50.710.52-0.170.520.51-0.460.80.90.74-0.610.860.860.760.32-0.20.860.660.86
0.710.980.390.890.080.950.370.830.36-0.010.360.58-0.310.730.860.7-0.440.930.840.850.39-0.250.770.610.77
0.420.5-0.410.210.430.50.370.00.81-0.260.810.55-0.910.430.640.22-0.90.290.720.32-0.220.090.740.110.74
0.690.750.680.930.040.710.830.0-0.020.23-0.020.580.00.530.560.59-0.050.90.610.650.48-0.090.410.340.41
0.420.53-0.320.180.350.520.360.81-0.02-0.261.00.49-0.710.680.60.45-0.710.330.70.34-0.21-0.110.630.230.63
0.45-0.060.240.160.62-0.17-0.01-0.260.23-0.26-0.260.270.320.14-0.31-0.120.430.17-0.14-0.10.580.35-0.45-0.29-0.45
0.420.53-0.320.180.350.520.360.81-0.021.0-0.260.49-0.710.680.60.45-0.710.330.70.34-0.21-0.110.630.230.63
0.810.620.30.70.570.510.580.550.580.490.270.49-0.480.580.520.35-0.390.730.790.50.15-0.020.450.010.45
-0.21-0.430.19-0.27-0.15-0.46-0.31-0.910.0-0.710.32-0.71-0.48-0.32-0.5-0.360.94-0.31-0.6-0.110.22-0.07-0.610.08-0.61
0.730.80.040.570.360.80.730.430.530.680.140.680.58-0.320.70.7-0.390.730.760.570.350.010.580.50.58
0.630.9-0.010.660.160.90.860.640.560.6-0.310.60.52-0.50.70.59-0.610.720.930.86-0.04-0.120.960.630.96
0.390.730.420.71-0.20.740.70.220.590.45-0.120.450.35-0.360.70.59-0.380.770.610.440.18-0.070.480.280.48
-0.2-0.550.21-0.29-0.05-0.61-0.44-0.9-0.05-0.710.43-0.71-0.390.94-0.39-0.61-0.38-0.34-0.64-0.250.080.09-0.76-0.22-0.76
0.770.910.590.980.140.860.930.290.90.330.170.330.73-0.310.730.720.77-0.340.810.710.41-0.140.590.360.59
0.780.90.090.740.340.860.840.720.610.7-0.140.70.79-0.60.760.930.61-0.640.810.790.02-0.10.880.440.88
0.690.840.190.680.210.760.850.320.650.34-0.10.340.5-0.110.570.860.44-0.250.710.790.11-0.340.770.680.77
0.330.320.410.390.110.320.39-0.220.48-0.210.58-0.210.150.220.35-0.040.180.080.410.020.11-0.12-0.060.31-0.06
0.1-0.25-0.38-0.170.38-0.2-0.250.09-0.09-0.110.35-0.11-0.02-0.070.01-0.12-0.070.09-0.14-0.1-0.34-0.12-0.17-0.39-0.17
0.50.83-0.130.530.10.860.770.740.410.63-0.450.630.45-0.610.580.960.48-0.760.590.880.77-0.06-0.170.651.0
0.240.6-0.070.28-0.110.660.610.110.340.23-0.290.230.010.080.50.630.28-0.220.360.440.680.31-0.390.650.65
0.50.83-0.130.530.10.860.770.740.410.63-0.450.630.45-0.610.580.960.48-0.760.590.880.77-0.06-0.171.00.65
Click cells to compare fundamentals

Janone Account Relationship Matchups

Janone fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.0M24.4M15.2M46.8M18.5M29.1M
Short Long Term Debt Total4.7M6.6M6.6M12.5M707K671.7K
Other Current Liab8.9M10.4M11.2M10.3M3.6M3.7M
Total Current Liabilities17.6M20.6M19.4M23.9M5.9M5.6M
Total Stockholder Equity10.3M2.4M(8.7M)16.8M11.2M9.1M
Property Plant And Equipment Net2.2M3.2M5.8M8.0M(635K)(603.3K)
Net Debt4.2M6.2M5.9M12.3M702K666.9K
Retained Earnings(28.4M)(36.9M)(53.8M)(42.8M)(50.6M)(48.1M)
Accounts Payable4.4M4.7M5.3M6.7M2.3M3.7M
Cash481K379K705K115K5K4.8K
Non Current Assets Total20.2M17.4M7.6M37.6M18.1M12.5M
Cash And Short Term Investments481K379K705K115K5K4.8K
Net Receivables6.7M3.8M4.2M7.9M266K252.7K
Common Stock Shares Outstanding1.8M1.9M2.7M3.2M4.0M4.2M
Liabilities And Stockholders Equity29.0M24.4M15.2M46.8M18.5M29.1M
Non Current Liabilities Total1.1M1.4M4.5M6.0M1.4M1.3M
Inventory1.3M1.6M1.2M366K420.9K399.9K
Other Current Assets356K1.1M1.4M770K75K71.3K
Other Stockholder Equity39.3M39.9M45.7M45.7M61.8M64.9M
Total Liab18.7M22.0M23.8M29.9M7.3M6.9M
Total Current Assets8.8M6.9M7.6M9.2M346K328.7K
Short Term Debt3.8M5.2M2.9M6.7M7.7M6.8M
Non Currrent Assets Other272K231K1.6M9.0M5K5.3K
Current Deferred Revenue515K292K17K290K261K248.0K
Property Plant And Equipment Gross2.2M732K8.2M10.7M12.3M7.7M
Intangible Assets17.7M14.0M268K20.0M17.8M18.7M
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 Equipment2.2M3.2M5.8M8.0M7.2M5.9M
Other Assets272K2.7M1.6M9.2M10.6M11.2M
Other Liab3.7M270K680K241K216.9K206.1K

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When determining whether Janone Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Janone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Janone Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Janone Inc Stock:
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.
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.

Complementary Tools for Janone Stock analysis

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