Jabil Receivables Turnover vs Total Assets Analysis
JBL Stock | USD 120.24 0.65 0.54% |
Jabil Circuit financial indicator trend analysis is infinitely more than just investigating Jabil Circuit recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jabil Circuit is a good investment. Please check the relationship between Jabil Circuit Receivables Turnover and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. 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. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
Receivables Turnover vs Total Assets
Receivables Turnover vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jabil Circuit Receivables Turnover account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jabil Circuit's Receivables Turnover and Total Assets is -0.63. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jabil Circuit, assuming nothing else is changed. The correlation between historical values of Jabil Circuit's Receivables Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of Jabil Circuit are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Receivables Turnover i.e., Jabil Circuit's Receivables Turnover and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Receivables Turnover
Total Assets
Total assets refers to the total amount of Jabil Circuit assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jabil Circuit books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Jabil Circuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jabil Circuit 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 Jabil Circuit. 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. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.At this time, Jabil Circuit's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 536.1 M this year, although the value of Discontinued Operations is projected to rise to (7.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.9B | 3.3B | 3.5B | Total Revenue | 33.5B | 34.7B | 39.9B | 41.9B |
Jabil Circuit fundamental ratios Correlations
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Jabil Circuit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jabil Circuit fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.4B | 16.7B | 19.7B | 19.4B | 22.3B | 23.5B | |
Short Long Term Debt Total | 3.1B | 3.3B | 3.4B | 3.2B | 3.7B | 3.9B | |
Other Current Liab | 2.7B | 3.2B | 4.5B | 6.8B | 7.8B | 8.2B | |
Total Current Liabilities | 9.1B | 10.7B | 13.7B | 12.7B | 14.6B | 15.3B | |
Total Stockholder Equity | 1.8B | 2.1B | 2.5B | 2.9B | 3.3B | 1.7B | |
Property Plant And Equipment Net | 4.0B | 4.5B | 4.5B | 3.5B | 4.0B | 4.2B | |
Net Debt | 1.7B | 1.8B | 1.9B | 1.4B | 1.7B | 1.7B | |
Retained Earnings | 2.0B | 2.7B | 3.6B | 4.4B | 5.1B | 5.3B | |
Accounts Payable | 5.7B | 6.8B | 8.0B | 5.7B | 6.5B | 6.9B | |
Cash | 1.4B | 1.6B | 1.5B | 1.8B | 2.1B | 2.2B | |
Non Current Assets Total | 5.3B | 5.8B | 5.8B | 4.7B | 5.4B | 5.7B | |
Non Currrent Assets Other | 162.2M | 230M | 281M | 268M | 308.2M | 323.6M | |
Cash And Short Term Investments | 1.4B | 1.6B | 1.5B | 1.8B | 2.1B | 2.2B | |
Net Receivables | 4.0B | 4.1B | 5.2B | 4.7B | 5.4B | 5.7B | |
Common Stock Shares Outstanding | 155.3M | 152.1M | 144.4M | 135.9M | 156.3M | 191.8M | |
Liabilities And Stockholders Equity | 14.4B | 16.7B | 19.7B | 19.4B | 22.3B | 23.5B | |
Non Current Liabilities Total | 3.5B | 3.8B | 3.6B | 3.9B | 4.4B | 4.7B | |
Inventory | 3.1B | 4.4B | 6.1B | 5.2B | 6.0B | 6.3B | |
Other Current Assets | 657.1M | 757M | 1.1B | 1.1B | 1.3B | 1.3B | |
Other Stockholder Equity | (195.6M) | (527M) | (1.1B) | (1.5B) | (1.4B) | (1.3B) | |
Total Liab | 12.6B | 14.5B | 17.3B | 16.6B | 19.0B | 20.0B | |
Total Current Assets | 9.1B | 10.9B | 13.9B | 14.7B | 16.9B | 17.8B | |
Short Term Debt | 160.9M | 108M | 419M | 104M | 119.6M | 122.5M | |
Current Deferred Revenue | 496.2M | 559M | 796M | 131M | 150.7M | 143.1M | |
Property Plant And Equipment Gross | 4.0B | 4.5B | 4.5B | 3.5B | 4.0B | 2.0B | |
Accumulated Other Comprehensive Income | (34.2M) | (25M) | (42M) | (17M) | (19.6M) | (18.6M) | |
Short Term Investments | 16.6M | 18M | 16M | 25M | 28.8M | 30.2M | |
Common Stock | 260K | 264K | 267K | 270K | 310.5K | 248.2K | |
Other Liab | 358.0M | 623M | 576M | 506M | 581.9M | 611.0M | |
Other Assets | 327.6M | 415M | 493M | 427M | 491.1M | 515.6M | |
Long Term Debt | 2.7B | 2.9B | 2.6B | 2.9B | 3.3B | 3.5B | |
Intangible Assets | 209.9M | 182M | 158M | 142M | 163.3M | 228.4M | |
Property Plant Equipment | 3.7B | 4.5B | 4.5B | 3.5B | 4.0B | 2.3B | |
Good Will | 696.9M | 715M | 704M | 621M | 714.2M | 505.6M | |
Treasury Stock | (2.4B) | (2.6B) | (3.1B) | (3.8B) | (3.4B) | (3.2B) | |
Net Tangible Assets | 904.7M | 1.2B | 1.6B | 2.1B | 1.9B | 1.2B | |
Noncontrolling Interest In Consolidated Entity | 13.1M | 13.3M | 14.0M | 1M | 900K | 855K | |
Retained Earnings Total Equity | 2.0B | 2.0B | 2.7B | 3.6B | 4.2B | 4.4B |
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.
Jabil Circuit Implied Volatility | 31.33 |
Jabil Circuit's implied volatility exposes the market's sentiment of Jabil Circuit stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Jabil Circuit's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Jabil Circuit stock will not fluctuate a lot when Jabil Circuit's options are near their expiration.
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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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. 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. 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 FinTech Suite module to use AI to screen and filter profitable investment 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.