Janus Interest Income vs Total Other Income Expense Net Analysis
| JBI Stock | USD 14.48 0.33 2.33% |
Janus International financial indicator trend analysis is infinitely more than just investigating Janus International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janus International is a good investment. Please check the relationship between Janus International Interest Income and its Total Other Income Expense Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Interest Income vs Total Other Income Expense Net
Interest Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus International Interest Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Janus International's Interest Income and Total Other Income Expense Net is -0.28. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Janus International Group, assuming nothing else is changed. The correlation between historical values of Janus International's Interest Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Janus International Group are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Interest Income i.e., Janus International's Interest Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Other Income Expense Net
Most indicators from Janus International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janus International 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 Janus International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, Janus International's Enterprise Value Multiple is decreasing as compared to previous years.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 32.9M | 42.0M | 48.3M | 30.7M | Tax Provision | 6.5M | 37.6M | 47.1M | 49.5M |
Janus International fundamental ratios Correlations
Click cells to compare fundamentals
Janus International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
| MSFT | Microsoft | |
| GM | General Motors | |
| CRM | Salesforce | |
| MSFT | Microsoft | |
| GOOG | Alphabet Inc Class C |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Janus International information on this page should be used as a complementary analysis to other Janus International'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Janus Stock analysis
When running Janus International's price analysis, check to measure Janus International'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 Janus International is operating at the current time. Most of Janus International's value examination focuses on studying past and present price action to predict the probability of Janus International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janus International's price. Additionally, you may evaluate how the addition of Janus International to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |
Is Janus International'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 Janus International. If investors know Janus 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 Janus International 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 0.182 | Earnings Share 0.95 | Revenue Per Share 7.284 | Quarterly Revenue Growth 0.01 | Return On Assets 0.1211 |
The market value of Janus International is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus International's value that differs from its market value or its book value, called intrinsic value, which is Janus International'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 Janus International's market value can be influenced by many factors that don't directly affect Janus International'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 Janus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus International'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.