James Short Long Term Debt vs Total Assets Analysis

JHX Stock

USD 37.31 0.28 0.76%

James Hardie financial indicator trend analysis is infinitely more than just investigating James Hardie Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether James Hardie Industries is a good investment. Please check the relationship between James Hardie Short Long Term Debt and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James Hardie Industries. 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.

Short Long Term Debt vs Total Assets

Short Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of James Hardie Industries Short Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between James Hardie's Short Long Term Debt and Total Assets is 0.89. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of James Hardie Industries, assuming nothing else is changed. The correlation between historical values of James Hardie's Short Long Term Debt 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 Short Long Term Debt of James Hardie Industries 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 Short Long Term Debt i.e., James Hardie's Short Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Total Assets

Total assets refers to the total amount of James Hardie 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 James Hardie Industries 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 James Hardie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into James Hardie Industries 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 James Hardie Industries. 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, James Hardie's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 255.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 132 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.3B	1.5B	1.6B
Total Revenue	3.6B	3.8B	4.3B	4.6B

Gross Profit Total Revenue

James Hardie fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables
Total Assets		0.26	0.67	0.92	0.03	0.91	0.74	-0.19	0.94	0.87	0.86	0.92	0.36	0.7	0.94	-0.59	0.96	-0.41	0.83	0.96	0.85	0.8	1.0	-0.54	0.11	0.81
Other Current Liab	0.26		0.03	0.22	0.16	0.21	-0.27	-0.15	0.12	0.18	-0.03	0.41	0.74	0.05	0.08	-0.38	0.38	-0.49	0.12	0.38	0.24	0.12	0.26	0.12	-0.08	-0.11
Total Current Liabilities	0.67	0.03		0.58	0.17	0.56	0.67	0.01	0.65	0.41	0.71	0.49	0.04	0.74	0.64	-0.41	0.61	0.09	0.43	0.62	0.7	0.39	0.66	-0.36	0.16	0.81
Total Stockholder Equity	0.92	0.22	0.58		-0.29	1.0	0.68	-0.21	0.82	0.78	0.88	0.78	0.35	0.44	0.94	-0.28	0.92	-0.54	0.77	0.91	0.89	0.77	0.92	-0.44	-0.08	0.73
Other Liab	0.03	0.16	0.17	-0.29		-0.31	-0.07	0.17	0.09	-0.14	-0.23	0.14	0.09	0.45	-0.23	-0.75	-0.1	0.32	-0.29	-0.06	-0.14	-0.35	-0.01	0.11	0.5	0.02
Retained Earnings	0.91	0.21	0.56	1.0	-0.31		0.68	-0.21	0.81	0.78	0.88	0.76	0.34	0.43	0.94	-0.25	0.9	-0.53	0.76	0.89	0.87	0.76	0.91	-0.43	-0.09	0.72
Accounts Payable	0.74	-0.27	0.67	0.68	-0.07	0.68		-0.16	0.76	0.71	0.85	0.63	-0.09	0.75	0.78	-0.31	0.66	0.07	0.72	0.67	0.6	0.7	0.74	-0.54	0.12	0.95
Cash	-0.19	-0.15	0.01	-0.21	0.17	-0.21	-0.16		-0.23	-0.18	-0.21	-0.25	-0.1	-0.05	-0.24	0.06	-0.27	0.1	-0.28	-0.27	-0.16	-0.39	-0.25	0.25	0.85	-0.12
Other Assets	0.94	0.12	0.65	0.82	0.09	0.81	0.76	-0.23		0.89	0.9	0.83	0.18	0.79	0.94	-0.57	0.83	-0.2	0.83	0.84	0.66	0.81	0.96	-0.58	0.11	0.82
Long Term Debt	0.87	0.18	0.41	0.78	-0.14	0.78	0.71	-0.18	0.89		0.82	0.87	0.31	0.67	0.88	-0.44	0.84	-0.32	0.96	0.84	0.56	0.93	0.89	-0.63	0.1	0.73
Good Will	0.86	-0.03	0.71	0.88	-0.23	0.88	0.85	-0.21	0.9	0.82		0.68	0.1	0.68	0.96	-0.22	0.79	-0.13	0.81	0.78	0.69	0.81	0.89	-0.53	-0.03	0.89
Inventory	0.92	0.41	0.49	0.78	0.14	0.76	0.63	-0.25	0.83	0.87	0.68		0.54	0.69	0.77	-0.71	0.93	-0.43	0.83	0.94	0.73	0.8	0.91	-0.5	0.1	0.69
Other Current Assets	0.36	0.74	0.04	0.35	0.09	0.34	-0.09	-0.1	0.18	0.31	0.1	0.54		0.11	0.19	-0.31	0.46	-0.45	0.22	0.45	0.35	0.21	0.35	0.14	-0.07	-0.01
Total Liab	0.7	0.05	0.74	0.44	0.45	0.43	0.75	-0.05	0.79	0.67	0.68	0.69	0.11		0.61	-0.7	0.58	0.26	0.61	0.61	0.41	0.55	0.7	-0.5	0.34	0.84
Intangible Assets	0.94	0.08	0.64	0.94	-0.23	0.94	0.78	-0.24	0.94	0.88	0.96	0.77	0.19	0.61		-0.32	0.88	-0.35	0.86	0.87	0.76	0.85	0.95	-0.55	-0.03	0.8
Common Stock	-0.59	-0.38	-0.41	-0.28	-0.75	-0.25	-0.31	0.06	-0.57	-0.44	-0.22	-0.71	-0.31	-0.7	-0.32		-0.53	0.12	-0.34	-0.57	-0.39	-0.28	-0.56	0.32	-0.39	-0.42
Property Plant Equipment	0.96	0.38	0.61	0.92	-0.1	0.9	0.66	-0.27	0.83	0.84	0.79	0.93	0.46	0.58	0.88	-0.53		-0.54	0.85	1.0	0.9	0.83	0.96	-0.55	-0.03	0.74
Common Stock Shares Outstanding	-0.41	-0.49	0.09	-0.54	0.32	-0.53	0.07	0.1	-0.2	-0.32	-0.13	-0.43	-0.45	0.26	-0.35	0.12	-0.54		-0.32	-0.52	-0.54	-0.33	-0.4	0.06	0.15	0.06
Short Long Term Debt Total	0.83	0.12	0.43	0.77	-0.29	0.76	0.72	-0.28	0.83	0.96	0.81	0.83	0.22	0.61	0.86	-0.34	0.85	-0.32		0.84	0.6	0.99	0.86	-0.69	-0.04	0.73
Property Plant And Equipment Net	0.96	0.38	0.62	0.91	-0.06	0.89	0.67	-0.27	0.84	0.84	0.78	0.94	0.45	0.61	0.87	-0.57	1.0	-0.52	0.84		0.89	0.83	0.96	-0.56	0.0	0.75
Current Deferred Revenue	0.85	0.24	0.7	0.89	-0.14	0.87	0.6	-0.16	0.66	0.56	0.69	0.73	0.35	0.41	0.76	-0.39	0.9	-0.54	0.6	0.89		0.59	0.82	-0.43	-0.05	0.69
Net Debt	0.8	0.12	0.39	0.77	-0.35	0.76	0.7	-0.39	0.81	0.93	0.81	0.8	0.21	0.55	0.85	-0.28	0.83	-0.33	0.99	0.83	0.59		0.84	-0.68	-0.17	0.7
Non Current Assets Total	1.0	0.26	0.66	0.92	-0.01	0.91	0.74	-0.25	0.96	0.89	0.89	0.91	0.35	0.7	0.95	-0.56	0.96	-0.4	0.86	0.96	0.82	0.84		-0.55	0.04	0.81
Non Currrent Assets Other	-0.54	0.12	-0.36	-0.44	0.11	-0.43	-0.54	0.25	-0.58	-0.63	-0.53	-0.5	0.14	-0.5	-0.55	0.32	-0.55	0.06	-0.69	-0.56	-0.43	-0.68	-0.55		0.02	-0.62
Cash And Short Term Investments	0.11	-0.08	0.16	-0.08	0.5	-0.09	0.12	0.85	0.11	0.1	-0.03	0.1	-0.07	0.34	-0.03	-0.39	-0.03	0.15	-0.04	0.0	-0.05	-0.17	0.04	0.02		0.15
Net Receivables	0.81	-0.11	0.81	0.73	0.02	0.72	0.95	-0.12	0.82	0.73	0.89	0.69	-0.01	0.84	0.8	-0.42	0.74	0.06	0.73	0.75	0.69	0.7	0.81	-0.62	0.15

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James Hardie Account Relationship Matchups

James Hardie fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	4.1B	4.2B	4.5B	5.2B	5.4B
Other Current Liab	12.1M	154.9M	(336.5M)	480.2M	552.2M	579.8M
Total Current Liabilities	404.6M	901.1M	769.9M	697.3M	801.9M	428.3M
Total Stockholder Equity	1.0B	1.1B	1.3B	1.6B	1.9B	1.9B
Other Liab	1.1B	1.2B	1.2B	1.0B	1.2B	1.2B
Retained Earnings	654.1M	611.4M	892.4M	1.2B	1.4B	1.4B
Accounts Payable	274.7M	174M	273.6M	198.2M	227.9M	119.3M
Cash	144.4M	208.5M	125M	113M	130.0M	111.1M
Other Assets	1.4B	1.3B	1.2B	1.2B	1.3B	1.4B
Long Term Debt	1.4B	858.6M	877.3M	1.1B	1.2B	1.3B
Good Will	202.7M	209.3M	199.5M	194.9M	224.1M	118.9M
Inventory	305.1M	218.3M	279.7M	344.2M	395.8M	415.6M
Other Current Assets	1.5M	1.6M	3.2M	42.8M	38.5M	40.4M
Total Liab	3.0B	3.0B	2.9B	2.9B	3.3B	2.1B
Intangible Assets	166.7M	173.9M	162.8M	155.2M	178.5M	187.4M
Property Plant Equipment	1.4B	1.4B	1.5B	1.9B	2.2B	2.3B
Common Stock Shares Outstanding	444.1M	445.4M	445.9M	445.6M	401.0M	356.4M
Liabilities And Stockholders Equity	4.0B	4.1B	4.2B	4.5B	5.2B	5.4B
Short Long Term Debt Total	1.4B	922.6M	955.5M	1.1B	1.3B	1.4B
Property Plant And Equipment Net	1.4B	1.4B	1.5B	1.9B	2.2B	2.3B
Current Deferred Revenue	29M	103M	563.4M	819.2M	942.1M	989.2M
Net Debt	1.3B	714.1M	830.5M	1.0B	1.2B	1.2B
Non Current Assets Total	3.1B	3.1B	3.1B	3.4B	3.9B	4.1B
Non Currrent Assets Other	4.7M	3.4M	22.7M	34.3M	30.9M	29.3M
Cash And Short Term Investments	207.4M	208.5M	125M	113M	130.0M	137.6M
Net Receivables	369.8M	339.8M	406.3M	361.6M	415.8M	215.5M
Short Term Investments	63M	26.6M	119.7M	140.9M	162.0M	170.1M
Non Current Liabilities Total	2.6B	2.1B	2.1B	2.2B	2.5B	1.9B
Other Stockholder Equity	218.5M	224.6M	230.4M	237.9M	273.6M	287.3M
Total Current Assets	908M	943.6M	1.1B	1.1B	1.2B	697.6M
Accumulated Other Comprehensive Income	(62.1M)	(6.6M)	(22M)	(53.3M)	(48.0M)	(45.6M)
Short Term Debt	13.4M	14.8M	8.8M	18.9M	17.0M	16.2M
Property Plant And Equipment Gross	1.4B	1.4B	2.7B	3.3B	3.7B	3.9B
Net Tangible Assets	671.7M	677.6M	970.6M	1.3B	1.5B	1.5B
Long Term Debt Total	1.4B	1.4B	860.5M	878.8M	1.0B	1.1B

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When determining whether James Hardie Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of James Hardie's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of James Hardie Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on James Hardie Industries Stock:

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What is James Hardie's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James Hardie Industries. 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 James Hardie Industries information on this page should be used as a complementary analysis to other James Hardie'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running James Hardie's price analysis, check to measure James Hardie'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 James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.

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Is James Hardie'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 James Hardie. If investors know James 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 James Hardie 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

0.5

Earnings Share

1.21

Revenue Per Share

8.736

Quarterly Revenue Growth

0.137

Return On Assets

0.1225

The market value of James Hardie Industries is measured differently than its book value, which is the value of James that is recorded on the company's balance sheet. Investors also form their own opinion of James Hardie's value that differs from its market value or its book value, called intrinsic value, which is James Hardie'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 James Hardie's market value can be influenced by many factors that don't directly affect James Hardie'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 James Hardie's value and its price as these two are different measures arrived at by different means. Investors typically determine if James Hardie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James Hardie'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.

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James Short Long Term Debt vs Total Assets Analysis

Short Long Term Debt vs Total Assets

Short Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Short Long Term Debt

Total Assets

James Hardie fundamental ratios Correlations

James Hardie Account Relationship Matchups

High Positive Relationship

High Negative Relationship

James Hardie fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Net Debt	+ 0.99	Short Long Term Debt Total
Property Plant Equipment	+ 0.96	Total Assets
Property Plant And Equipment Net	+ 0.96	Total Assets

Common Stock	- 0.75	Other Liab
Common Stock	- 0.71	Inventory
Common Stock	- 0.7	Total Liab
Non Currrent Assets Other	- 0.69	Short Long Term Debt Total
Non Currrent Assets Other	- 0.68	Net Debt
Non Currrent Assets Other	- 0.63	Long Term Debt