Jefferies Asset Turnover vs Current Ratio Analysis

JEF Stock  USD 41.04  0.26  0.63%   
Jefferies Financial financial indicator trend analysis is infinitely more than just investigating Jefferies Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jefferies Financial is a good investment. Please check the relationship between Jefferies Financial Asset Turnover and its Current Ratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jefferies Financial 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 income.

Asset Turnover vs Current Ratio

Asset Turnover vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jefferies Financial Asset Turnover account and Current Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jefferies Financial's Asset Turnover and Current Ratio is 0.2. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Jefferies Financial Group, assuming nothing else is changed. The correlation between historical values of Jefferies Financial's Asset Turnover and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Jefferies Financial Group are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Asset Turnover i.e., Jefferies Financial's Asset Turnover and Current Ratio go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.
Most indicators from Jefferies Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jefferies Financial 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 Jefferies Financial 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 income.
At this time, Jefferies Financial's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Jefferies Financial's current Enterprise Value Multiple is estimated to increase to 18.84, while Tax Provision is projected to decrease to roughly 87.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.8B2.6B4.0B4.2B
Total Revenue8.2B7.1B7.4B3.8B

Jefferies Financial fundamental ratios Correlations

0.640.470.320.670.620.250.190.760.140.990.230.560.340.850.470.470.190.750.080.240.690.660.19-0.250.77
0.640.540.850.140.27-0.250.610.130.670.630.590.80.770.340.240.630.560.580.490.730.340.530.57-0.090.87
0.470.540.60.020.330.140.580.00.480.460.550.730.670.28-0.160.590.580.320.460.570.360.260.51-0.140.78
0.320.850.6-0.360.02-0.250.87-0.310.80.310.670.870.91-0.11-0.130.740.850.390.820.860.250.340.83-0.070.69
0.670.140.02-0.360.610.27-0.530.92-0.390.69-0.19-0.12-0.320.910.67-0.23-0.520.34-0.64-0.370.270.43-0.54-0.060.35
0.620.270.330.020.610.67-0.150.56-0.190.680.430.330.220.730.41-0.17-0.22-0.05-0.220.110.040.27-0.32-0.430.42
0.25-0.250.14-0.250.270.67-0.160.3-0.350.320.30.12-0.080.33-0.05-0.2-0.13-0.24-0.11-0.150.040.08-0.26-0.490.0
0.190.610.580.87-0.53-0.15-0.16-0.440.820.160.590.80.83-0.26-0.430.840.920.370.970.810.350.210.93-0.160.49
0.760.130.0-0.310.920.560.3-0.44-0.380.76-0.29-0.11-0.320.880.64-0.12-0.380.5-0.52-0.370.440.5-0.43-0.040.33
0.140.670.480.8-0.39-0.19-0.350.82-0.380.110.520.660.71-0.19-0.220.650.770.330.760.680.180.120.730.070.53
0.990.630.460.310.690.680.320.160.760.110.280.560.330.860.480.410.160.690.050.240.640.660.14-0.290.77
0.230.590.550.67-0.190.430.30.59-0.290.520.280.810.770.06-0.290.370.47-0.070.530.82-0.130.110.47-0.560.57
0.560.80.730.87-0.120.330.120.8-0.110.660.560.810.920.2-0.090.780.740.430.730.850.420.370.76-0.380.77
0.340.770.670.91-0.320.22-0.080.83-0.320.710.330.770.920.01-0.180.710.70.250.760.920.190.220.76-0.320.63
0.850.340.28-0.110.910.730.33-0.260.88-0.190.860.060.20.010.560.05-0.320.47-0.4-0.050.410.46-0.27-0.290.55
0.470.24-0.16-0.130.670.41-0.05-0.430.64-0.220.48-0.29-0.09-0.180.56-0.23-0.350.25-0.46-0.360.30.32-0.440.320.18
0.470.630.590.74-0.23-0.17-0.20.84-0.120.650.410.370.780.710.05-0.230.810.730.790.660.690.390.93-0.190.6
0.190.560.580.85-0.52-0.22-0.130.92-0.380.770.160.470.740.7-0.32-0.350.810.420.940.650.420.260.90.050.5
0.750.580.320.390.34-0.05-0.240.370.50.330.69-0.070.430.250.470.250.730.420.280.210.840.610.50.040.63
0.080.490.460.82-0.64-0.22-0.110.97-0.520.760.050.530.730.76-0.4-0.460.790.940.280.720.310.130.92-0.090.34
0.240.730.570.86-0.370.11-0.150.81-0.370.680.240.820.850.92-0.05-0.360.660.650.210.720.040.130.76-0.470.59
0.690.340.360.250.270.040.040.350.440.180.64-0.130.420.190.410.30.690.420.840.310.040.490.440.060.43
0.660.530.260.340.430.270.080.210.50.120.660.110.370.220.460.320.390.260.610.130.130.490.23-0.10.58
0.190.570.510.83-0.54-0.32-0.260.93-0.430.730.140.470.760.76-0.27-0.440.930.90.50.920.760.440.23-0.170.45
-0.25-0.09-0.14-0.07-0.06-0.43-0.49-0.16-0.040.07-0.29-0.56-0.38-0.32-0.290.32-0.190.050.04-0.09-0.470.06-0.1-0.17-0.14
0.770.870.780.690.350.420.00.490.330.530.770.570.770.630.550.180.60.50.630.340.590.430.580.45-0.14
Click cells to compare fundamentals

Jefferies Financial Account Relationship Matchups

Jefferies Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.5B53.1B60.4B51.1B57.9B60.8B
Short Long Term Debt Total17.9B19.8B19.9B11.2B16.1B16.9B
Total Stockholder Equity9.7B9.5B10.7B10.4B9.7B5.0B
Net Debt10.2B10.8B9.1B1.5B7.6B4.6B
Retained Earnings5.9B6.5B7.9B8.4B7.8B8.2B
Non Current Assets Total16.7B35.2B39.0B22.7B24.3B25.5B
Non Currrent Assets Other2.0B2.2B2.4B3.6B2.4B3.0B
Common Stock Shares Outstanding317.0M290.5M271.5M255.6M236.6M251.3M
Liabilities And Stockholders Equity49.5B53.1B60.4B51.1B57.9B60.8B
Non Current Liabilities Total12.9B24.1B27.4B31.3B35.7B37.5B
Other Stockholder Equity3.6B2.9B2.7B2.0B2.0B1.6B
Total Liab39.7B43.5B49.7B40.6B48.1B50.5B
Other Current Liab10.5B10.4B5.1B2.5B1.2B1.1B
Total Current Liabilities26.8B19.5B22.3B9.3B12.4B10.6B
Short Term Debt8.1B9.1B8.7B528.4M989.7M940.2M
Cash7.7B9.1B10.8B9.7B8.5B9.0B
Other Assets3.1B2.7B62.2B1.0B45.1B47.3B
Cash And Short Term Investments24.6B9.1B10.8B9.7B8.5B8.6B
Common Stock Total Equity356.2M307.5M291.6M249.8M287.2M244.0M
Total Current Assets32.8B18.0B21.4B28.3B33.6B35.3B
Common Stock291.6M249.8M243.5M226.1M210.6M244.6M
Other Liab8.1B10.4B3.2B27M31.1M29.5M
Accounts Payable8.2B109.2M8.4B6.2B7.7B8.1B
Long Term Debt11.5B8.4B9.1B10.1B14.6B15.3B
Short Term Investments16.9B5.1B1.0B957.3M1.4B1.3B
Property Plant Equipment34.2M42.0M911.2M906.9M1.0B673.2M
Net Receivables7.4B8.3B9.6B3.6B4.7B3.7B
Other Current Assets(21.9B)29.8M(16.4B)15.1B(14.7B)(13.9B)
Accumulated Other Comprehensive Income(273.0M)(288.9M)(372.1M)(379.4M)(395.5M)(375.8M)
Intangible Assets183.0M167.2M152.4M139.5M160.4M152.4M
Property Plant And Equipment Net385M897.2M911.2M906.9M1.1B755.1M
Good Will1.7B1.7B1.7B1.7B1.8B1.0B
Inventory22.7B287.8M17.5B35.0B40.3B42.3B
Net Tangible Assets7.7B7.6B8.5B8.4B9.6B8.1B

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When determining whether Jefferies Financial is a strong investment it is important to analyze Jefferies Financial'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 Jefferies Financial's future performance. For an informed investment choice regarding Jefferies Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jefferies Financial 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 income.
Note that the Jefferies Financial information on this page should be used as a complementary analysis to other Jefferies Financial'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Jefferies Financial'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 Jefferies Financial. If investors know Jefferies 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 Jefferies Financial 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
0.212
Dividend Share
1.2
Earnings Share
1.25
Revenue Per Share
22.626
Quarterly Revenue Growth
0.354
The market value of Jefferies Financial is measured differently than its book value, which is the value of Jefferies that is recorded on the company's balance sheet. Investors also form their own opinion of Jefferies Financial's value that differs from its market value or its book value, called intrinsic value, which is Jefferies Financial'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 Jefferies Financial's market value can be influenced by many factors that don't directly affect Jefferies Financial'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 Jefferies Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jefferies Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jefferies Financial'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.