Jeld Change To Inventory vs Capital Expenditures Analysis

JELD Stock  USD 21.40  0.43  2.05%   
Jeld Wen financial indicator trend analysis is infinitely more than just investigating Jeld Wen Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jeld Wen Holding is a good investment. Please check the relationship between Jeld Wen Change To Inventory and its Capital Expenditures accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeld Wen Holding. 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 economic analysis.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jeld Wen Holding Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jeld Wen's Change To Inventory and Capital Expenditures is 0.18. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Jeld Wen Holding, assuming nothing else is changed. The correlation between historical values of Jeld Wen's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Jeld Wen Holding are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Jeld Wen's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Capital Expenditures

Capital Expenditures are funds used by Jeld Wen Holding to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jeld Wen operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Jeld Wen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jeld Wen Holding 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 Jeld Wen Holding. 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 economic analysis.
At present, Jeld Wen's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.81, whereas Selling General Administrative is forecasted to decline to about 6.2 M.
 2022 2023 2024 (projected)
Interest Expense82.1M72.3M81.4M
Depreciation And Amortization128M135M131.2M

Jeld Wen fundamental ratios Correlations

0.430.550.210.34-0.030.170.390.30.220.560.560.350.280.520.150.260.580.280.40.260.420.130.560.310.35
0.430.920.820.970.590.470.90.90.580.770.870.880.810.82-0.160.610.860.810.890.460.860.190.90.880.89
0.550.920.640.850.230.360.790.770.650.940.880.790.670.890.130.570.990.670.850.40.720.131.00.80.79
0.210.820.640.850.690.560.620.840.350.380.580.570.90.56-0.310.380.550.90.590.380.62-0.080.620.670.68
0.340.970.850.850.660.470.890.930.540.690.750.910.790.72-0.280.670.760.790.860.410.80.070.820.910.87
-0.030.590.230.690.660.320.60.650.110.010.340.560.60.16-0.740.260.110.60.480.320.690.250.190.580.61
0.170.470.360.560.470.320.450.480.040.10.330.360.740.45-0.040.620.330.740.120.520.24-0.170.390.160.46
0.390.90.790.620.890.60.450.720.480.680.80.970.660.67-0.20.790.740.660.90.320.870.350.770.860.82
0.30.90.770.840.930.650.480.720.410.60.660.760.760.72-0.320.50.660.760.680.550.7-0.090.740.780.8
0.220.580.650.350.540.110.040.480.410.670.390.550.320.430.030.30.670.320.690.040.360.290.650.720.62
0.560.770.940.380.690.010.10.680.60.670.810.720.370.840.260.490.960.370.820.280.610.130.940.740.64
0.560.870.880.580.750.340.330.80.660.390.810.710.640.890.150.450.880.640.810.490.870.330.890.650.74
0.350.880.790.570.910.560.360.970.760.550.720.710.580.64-0.240.810.730.580.90.270.790.260.770.910.81
0.280.810.670.90.790.60.740.660.760.320.370.640.580.59-0.20.480.591.00.530.470.620.080.660.540.74
0.520.820.890.560.720.160.450.670.720.430.840.890.640.590.340.480.890.590.680.560.640.010.90.580.68
0.15-0.160.13-0.31-0.28-0.74-0.04-0.2-0.320.030.260.15-0.24-0.20.34-0.010.23-0.2-0.1-0.08-0.32-0.150.18-0.32-0.26
0.260.610.570.380.670.260.620.790.50.30.490.450.810.480.48-0.010.540.480.550.240.41-0.070.570.580.56
0.580.860.990.550.760.110.330.740.660.670.960.880.730.590.890.230.540.590.820.370.680.170.990.730.73
0.280.810.670.90.790.60.740.660.760.320.370.640.581.00.59-0.20.480.590.530.470.620.080.660.540.74
0.40.890.850.590.860.480.120.90.680.690.820.810.90.530.68-0.10.550.820.530.140.850.410.830.930.76
0.260.460.40.380.410.320.520.320.550.040.280.490.270.470.56-0.080.240.370.470.140.44-0.20.410.210.66
0.420.860.720.620.80.690.240.870.70.360.610.870.790.620.64-0.320.410.680.620.850.440.490.70.770.81
0.130.190.13-0.080.070.25-0.170.35-0.090.290.130.330.260.080.01-0.15-0.070.170.080.41-0.20.490.140.20.22
0.560.91.00.620.820.190.390.770.740.650.940.890.770.660.90.180.570.990.660.830.410.70.140.760.77
0.310.880.80.670.910.580.160.860.780.720.740.650.910.540.58-0.320.580.730.540.930.210.770.20.760.81
0.350.890.790.680.870.610.460.820.80.620.640.740.810.740.68-0.260.560.730.740.760.660.810.220.770.81
Click cells to compare fundamentals

Jeld Wen Account Relationship Matchups

Jeld Wen fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding101.5M101.7M98.4M87.1M85.9M103.1M
Total Assets3.4B4.0B3.7B3.5B3.0B3.3B
Short Long Term Debt Total1.7B2.0B1.9B1.9B1.3B1.7B
Other Current Liab354.7M473.3M373.7M364.3M366.2M383.6M
Total Current Liabilities768.8M867.6M888.9M786.6M678.9M744.0M
Total Stockholder Equity812.1M1.0B842.2M723.5M850.6M740.6M
Other Liab184.9M324.6M301.3M142.1M163.4M241.3M
Net Tangible Assets(40.7M)118.5M842.2M70.9M81.6M85.7M
Property Plant And Equipment Net1.1B1.1B1.0B930.4M791.1M952.2M
Current Deferred Revenue8.0M13.5M13.9M24.8M7.2M13.0M
Net Debt1.5B1.3B1.5B1.7B1.1B1.4B
Retained Earnings290.6M371.5M215.6M130.5M192.9M163.8M
Accounts Payable295M269.9M418.8M320.7M269.3M288.5M
Cash226M735.8M395.6M219.4M289.1M277.7M
Non Current Assets Total2.1B2.2B2.0B1.8B1.5B2.0B
Non Currrent Assets Other18.0M31.6M26.6M27.6M30.1M28.6M
Other Assets218.8M445.5M2.0B222.8M256.2M458.3M
Long Term Debt1.5B1.7B1.7B1.7B1.2B1.5B
Cash And Short Term Investments226M735.8M395.6M219.4M289.1M277.7M
Net Receivables478.8M477.5M552.0M603.7M516.7M511.2M
Good Will602.5M639.9M545.2M460.5M390.2M417.4M
Common Stock Total Equity1.0M1.0M902K843K969.5K781K
Liabilities And Stockholders Equity3.4B4.0B3.7B3.5B3.0B3.3B
Non Current Liabilities Total1.8B2.1B2.0B2.0B1.5B1.8B
Inventory505.1M512.2M616M666.5M481.5M521.1M
Other Current Assets738.2M1.2B1.1B1.0B207.0M196.6M
Other Stockholder Equity671.8M690.7M719.4M734.8M752.1M553.5M
Total Liab2.6B3.0B2.9B2.8B2.1B2.8B
Deferred Long Term Liab8.7M98.7M112.1M106.6M122.6M128.7M
Property Plant And Equipment Gross1.1B1.1B2.3B2.3B2.1B1.4B
Short Long Term Debt65.8M66.7M38.6M34.4M36.2M39.3M
Total Current Assets1.2B1.8B1.7B1.7B1.5B1.3B
Accumulated Other Comprehensive Income(151.3M)(58.7M)(93.7M)(142.6M)(95.3M)(100.1M)
Short Term Debt111.1M111.0M82.4M76.9M36.2M58.9M
Intangible Assets250.3M246.1M222.2M192.1M123.9M183.8M
Common Stock1.0M1.0M902K843K900K801.9K
Property Plant Equipment1.1B1.1B1.0B930.4M1.1B961.3M
Long Term Debt Total1.5B1.7B1.7B1.7B2.0B1.7B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Jeld Wen Holding is a strong investment it is important to analyze Jeld Wen'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 Jeld Wen's future performance. For an informed investment choice regarding Jeld 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 Jeld Wen Holding. 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 economic analysis.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Jeld Stock analysis

When running Jeld Wen's price analysis, check to measure Jeld Wen'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 Jeld Wen is operating at the current time. Most of Jeld Wen's value examination focuses on studying past and present price action to predict the probability of Jeld Wen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeld Wen's price. Additionally, you may evaluate how the addition of Jeld Wen to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Is Jeld Wen'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 Jeld Wen. If investors know Jeld 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 Jeld Wen 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
(0.15)
Earnings Share
0.29
Revenue Per Share
50.642
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0321
The market value of Jeld Wen Holding is measured differently than its book value, which is the value of Jeld that is recorded on the company's balance sheet. Investors also form their own opinion of Jeld Wen's value that differs from its market value or its book value, called intrinsic value, which is Jeld Wen'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 Jeld Wen's market value can be influenced by many factors that don't directly affect Jeld Wen'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 Jeld Wen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jeld Wen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jeld Wen'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.