Janus Long Term Investments vs Net Tangible Assets Analysis

JHG Stock  USD 31.69  0.41  1.31%   
Janus Henderson financial indicator trend analysis is infinitely more than just investigating Janus Henderson Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janus Henderson Group is a good investment. Please check the relationship between Janus Henderson Long Term Investments and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Henderson 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 rate.

Long Term Investments vs Net Tangible Assets

Long Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus Henderson Group Long Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Janus Henderson's Long Term Investments and Net Tangible Assets is 0.86. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Janus Henderson Group, assuming nothing else is changed. The correlation between historical values of Janus Henderson's Long Term Investments and Net Tangible 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 Long Term Investments of Janus Henderson Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Investments i.e., Janus Henderson's Long Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Investments

Long Term Investments is an item on the asset side of Janus Henderson balance sheet that represents investments Janus Henderson Group intends to hold for over a year. Janus Henderson Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Janus Henderson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janus Henderson Group 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 Henderson 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 rate.
At this time, Janus Henderson's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Janus Henderson's current Enterprise Value Multiple is estimated to increase to 14.37, while Selling General Administrative is projected to decrease to roughly 206.3 M.
 2021 2022 2023 2024 (projected)
EBITDA994.8M568.8M550M420.6M
Depreciation And Amortization171.4M79M22.9M21.8M

Janus Henderson fundamental ratios Correlations

-0.18-0.770.140.45-0.32-0.15-0.360.140.020.95-0.66-0.31-0.78-0.25-0.290.02-0.270.99-0.13-0.12-0.34-0.390.62-0.33
-0.180.240.24-0.06-0.10.28-0.290.240.36-0.140.180.310.270.260.10.180.32-0.20.25-0.08-0.19-0.12-0.27-0.1
-0.770.240.21-0.070.10.4-0.070.110.09-0.70.850.60.820.430.260.030.51-0.810.410.040.060.33-0.580.2
0.140.240.210.780.270.89-0.820.870.060.280.450.880.450.650.47-0.140.910.010.890.42-0.340.270.31-0.61
0.45-0.06-0.070.780.20.57-0.790.760.160.540.110.530.030.330.28-0.050.580.350.590.45-0.490.20.52-0.6
-0.32-0.10.10.270.20.49-0.20.53-0.31-0.340.240.260.360.570.86-0.520.41-0.380.460.860.270.780.44-0.14
-0.150.280.40.890.570.49-0.750.78-0.18-0.040.60.880.660.830.71-0.370.91-0.290.990.55-0.220.570.2-0.54
-0.36-0.29-0.07-0.82-0.79-0.2-0.75-0.810.02-0.44-0.18-0.59-0.16-0.53-0.50.34-0.66-0.24-0.78-0.480.64-0.33-0.470.63
0.140.240.110.870.760.530.78-0.810.020.240.250.70.350.60.67-0.30.820.020.780.7-0.290.430.55-0.52
0.020.360.090.060.16-0.31-0.180.020.020.070.060.09-0.1-0.23-0.450.860.060.05-0.2-0.3-0.06-0.61-0.20.15
0.95-0.14-0.70.280.54-0.34-0.04-0.440.240.07-0.54-0.15-0.62-0.32-0.280.02-0.110.92-0.02-0.04-0.38-0.350.61-0.32
-0.660.180.850.450.110.240.6-0.180.250.06-0.540.770.870.50.320.020.69-0.720.590.160.180.38-0.460.1
-0.310.310.60.880.530.260.88-0.590.70.09-0.150.770.80.680.45-0.050.97-0.430.880.33-0.180.34-0.09-0.39
-0.780.270.820.450.030.360.66-0.160.35-0.1-0.620.870.80.540.5-0.190.76-0.860.650.330.120.54-0.38-0.02
-0.250.260.430.650.330.570.83-0.530.6-0.23-0.320.50.680.540.74-0.360.71-0.360.810.4-0.130.550.09-0.52
-0.290.10.260.470.280.860.71-0.50.67-0.45-0.280.320.450.50.74-0.730.6-0.380.720.87-0.10.870.43-0.4
0.020.180.03-0.14-0.05-0.52-0.370.34-0.30.860.020.02-0.05-0.19-0.36-0.73-0.170.08-0.41-0.620.12-0.78-0.460.25
-0.270.320.510.910.580.410.91-0.660.820.06-0.110.690.970.760.710.6-0.17-0.40.910.5-0.220.430.09-0.45
0.99-0.2-0.810.010.35-0.38-0.29-0.240.020.050.92-0.72-0.43-0.86-0.36-0.380.08-0.4-0.27-0.2-0.29-0.470.56-0.24
-0.130.250.410.890.590.460.99-0.780.78-0.2-0.020.590.880.650.810.72-0.410.91-0.270.56-0.30.590.23-0.58
-0.12-0.080.040.420.450.860.55-0.480.7-0.3-0.040.160.330.330.40.87-0.620.5-0.20.56-0.080.80.61-0.3
-0.34-0.190.06-0.34-0.490.27-0.220.64-0.29-0.06-0.380.18-0.180.12-0.13-0.10.12-0.22-0.29-0.3-0.080.03-0.150.73
-0.39-0.120.330.270.20.780.57-0.330.43-0.61-0.350.380.340.540.550.87-0.780.43-0.470.590.80.030.26-0.17
0.62-0.27-0.580.310.520.440.2-0.470.55-0.20.61-0.46-0.09-0.380.090.43-0.460.090.560.230.61-0.150.26-0.37
-0.33-0.10.2-0.61-0.6-0.14-0.540.63-0.520.15-0.320.1-0.39-0.02-0.52-0.40.25-0.45-0.24-0.58-0.30.73-0.17-0.37
Click cells to compare fundamentals

Janus Henderson Account Relationship Matchups

Janus Henderson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6B6.7B6.7B6.2B6.5B7.2B
Other Current Liab75.9M53.8M58.3M581.7M57M54.2M
Total Current Liabilities769.7M727.8M786.4M610.5M631M669.6M
Total Stockholder Equity4.9B4.7B4.7B4.4B4.5B2.7B
Other Liab822.2M1.6B1.6B654.8M753.0M697.6M
Net Tangible Assets293.6M732M746.2M692M795.8M835.6M
Noncontrolling Interest In Consolidated Entity21.5M19.7M17.4M15.4M17.7M18.6M
Retained Earnings1.3B1.1B1.1B1.1B1.1B1.2B
Accounts Payable6.5M57.1M3.2M2.6M4.3M3.0M
Cash733.9M1.1B1.1B1.2B1.2B688.4M
Other Assets221.9M351M745.3M832.7M(969M)(920.6M)
Long Term Debt316.2M313.3M310.4M307.5M304.6M254.6M
Net Receivables476M490.4M446.9M349.7M388.6M369.1M
Good Will1.5B1.4B1.4B1.3B1.3B921.3M
Common Stock Total Equity294.6M280.5M270.6M253.6M291.6M243.8M
Retained Earnings Total Equity1.3B1.3B1.1B1.1B1.2B1.3B
Short Term Investments253.5M482.7M451.4M595.9M716.6M752.4M
Inventory(552.6M)44.2M(493.8M)(378.1M)1.01.05
Other Current Assets76.6M68.3M46.9M28.4M(2.3B)(2.2B)
Other Stockholder Equity3.7B3.7B3.7B3.7B3.7B1.9B
Total Liab2.0B1.9B1.9B1.6B1.6B1.6B
Deferred Long Term Liab729.9M729.1M627.4M619.2M712.1M747.7M
Long Term Investments5.9M7.8M8.8M261.6M300.8M315.9M
Total Current Assets987.4M2.2B1.6B1.2B2.5B3.2B
Accumulated Other Comprehensive Income(367.1M)(324M)(396.1M)(647.7M)(563.6M)(535.4M)
Treasury Stock(170.8M)(139.5M)(107.3M)(55.1M)(49.6M)(52.1M)
Short Term Debt25.7M27.3M29.1M24.5M23.1M21.9M
Intangible Assets3.1B2.7B2.5B2.4B2.4B1.4B
Common Stock280.5M270.6M253.6M248.5M245M195.9M
Property Plant Equipment217.3M77.9M63.3M51.8M59.6M51.5M
Short Long Term Debt Total316.2M458.5M310.4M332M392.2M329.8M
Property Plant And Equipment Net84.7M77.9M63.3M51.8M44.2M42.8M
Net Debt(417.7M)(649.6M)(796.9M)(830.3M)(775.9M)(737.1M)
Non Current Assets Total6.6B4.5B5.2B5.1B4.0B2.8B
Non Currrent Assets Other1.9B333.9M1.2B1.1B275.2M261.4M
Cash And Short Term Investments987.4M1.6B1.6B1.2B1.9B2.0B
Common Stock Shares Outstanding188.6M179.9M168.5M162M160.5M150.5M
Liabilities And Stockholders Equity7.6B6.7B6.7B6.2B6.5B5.4B
Non Current Liabilities Total2.0B1.1B1.9B1.6B1.0B959.6M

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When determining whether Janus Henderson Group is a strong investment it is important to analyze Janus Henderson'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 Janus Henderson's future performance. For an informed investment choice regarding Janus 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 Janus Henderson 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 rate.
Note that the Janus Henderson Group information on this page should be used as a complementary analysis to other Janus Henderson'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 Stocks Directory module to find actively traded stocks across global markets.

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Is Janus Henderson'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 Henderson. 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 Henderson 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
0.885
Dividend Share
1.56
Earnings Share
2.37
Revenue Per Share
13.103
Quarterly Revenue Growth
0.103
The market value of Janus Henderson Group 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 Henderson's value that differs from its market value or its book value, called intrinsic value, which is Janus Henderson'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 Henderson's market value can be influenced by many factors that don't directly affect Janus Henderson'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 Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Henderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson'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.