Joann Other Current Liab vs Common Stock Shares Outstanding Analysis
| JOAN Stock | USD 0.08 0 5.13% |
Joann financial indicator trend analysis is infinitely more than just investigating Joann Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joann Inc is a good investment. Please check the relationship between Joann Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Other Current Liab vs Common Stock Shares Outstanding
Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joann Inc Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Joann's Other Current Liab and Common Stock Shares Outstanding is 0.16. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Joann Inc, assuming nothing else is changed. The correlation between historical values of Joann's Other Current Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Joann Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Joann's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.16 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Current Liab
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Joann's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joann Inc 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, Joann's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 15th of May 2024, Enterprise Value Multiple is likely to grow to 16.47, though Tax Provision is likely to grow to (62.6 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 51.2M | 64M | 57.6M | 64.3M | Depreciation And Amortization | 104.6M | 80.4M | 92.5M | 91.2M |
Joann fundamental ratios Correlations
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Joann Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Joann fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 406.2K | 40.5M | 40.6M | 40.7M | 46.8M | 37.2M | |
| Total Assets | 2.3B | 2.3B | 2.4B | 2.2B | 2.5B | 2.5B | |
| Short Long Term Debt Total | 2.0B | 1.7B | 1.7B | 1.9B | 2.1B | 1.9B | |
| Other Current Liab | 103.5M | 171.3M | 142.4M | 102.3M | 117.6M | 138.0M | |
| Total Current Liabilities | 498.2M | 608.6M | 576.8M | 501M | 576.2M | 567.5M | |
| Total Stockholder Equity | (172M) | 42.4M | 149.8M | (49.1M) | (44.2M) | (42.0M) | |
| Net Tangible Assets | (718.2M) | (496.8M) | (382.5M) | 224.1M | 257.7M | 270.6M | |
| Property Plant And Equipment Net | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 1.0B | |
| Net Debt | 2.0B | 1.7B | 1.7B | 1.8B | 2.1B | 1.8B | |
| Retained Earnings | (281.3M) | (69M) | (24.9M) | (239.2M) | (215.3M) | (204.5M) | |
| Accounts Payable | 227.1M | 250.1M | 253.8M | 197.5M | 177.8M | 184.5M | |
| Cash | 24.4M | 27.4M | 22.5M | 20.2M | 18.2M | 23.4M | |
| Non Current Assets Total | 1.6B | 1.7B | 1.6B | 1.5B | 1.8B | 1.7B | |
| Non Currrent Assets Other | 19.2M | 25.8M | 32.3M | 13.3M | 15.3M | 23.3M | |
| Long Term Debt | 1.2B | 786.3M | 778.6M | 976M | 878.4M | 777.2M | |
| Cash And Short Term Investments | 24.4M | 27.4M | 22.5M | 20.2M | 18.2M | 23.4M | |
| Liabilities And Stockholders Equity | 2.3B | 2.3B | 2.4B | 2.2B | 2.5B | 2.5B | |
| Non Current Liabilities Total | 2.0B | 1.7B | 1.6B | 1.7B | 2.0B | 1.8B | |
| Capital Lease Obligations | 806.3M | 953.6M | 906.8M | 884.8M | 1.0B | 781.4M | |
| Inventory | 649.7M | 555.9M | 658.6M | 584.1M | 525.7M | 490.3M | |
| Other Current Assets | 45.7M | 71.5M | 39.2M | 38.6M | 34.7M | 38.0M | |
| Other Stockholder Equity | 109.9M | 111.4M | 172.5M | 181.4M | 208.6M | 150.5M | |
| Total Liab | 2.5B | 2.3B | 2.2B | 2.2B | 2.6B | 2.4B | |
| Net Invested Capital | 1.0B | 828.7M | 935.2M | 933.7M | 840.3M | 840.1M | |
| Property Plant And Equipment Gross | 1.0B | 1.1B | 1.1B | 1.1B | 1.2B | 1.0B | |
| Total Current Assets | 719.8M | 654.8M | 720.3M | 642.9M | 578.6M | 551.6M | |
| Accumulated Other Comprehensive Income | (900K) | (300K) | 1.8M | 8.3M | 9.5M | 10.0M | |
| Non Current Liabilities Other | 8.9M | 46.3M | 36.3M | 28.7M | 25.8M | 34.5M | |
| Net Working Capital | 221.6M | 46.2M | 143.5M | 141.9M | 127.7M | 138.9M | |
| Short Term Debt | 167.6M | 187.2M | 180.6M | 184.3M | 211.9M | 164.1M | |
| Intangible Assets | 384.2M | 377.2M | 370.3M | 272.1M | 244.9M | 289.2M | |
| Property Plant Equipment | 1.0B | 1.1B | 1.1B | 287.8M | 331.0M | 314.4M |
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 Joann 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, Joann's short interest history, or implied volatility extrapolated from Joann options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann'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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Joann's price analysis, check to measure Joann'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 Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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Is Joann'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 Joann. If investors know Joann 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 Joann 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 (0.69) | Earnings Share (5.81) | Revenue Per Share 52.125 | Quarterly Revenue Growth (0.04) | Return On Assets (0.03) |
The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann'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 Joann's market value can be influenced by many factors that don't directly affect Joann'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 Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Joann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann'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.