Johnson Book Value per Share vs Inventory Turnover Analysis
JOUT Stock | USD 42.29 0.18 0.43% |
Johnson Outdoors financial indicator trend analysis is infinitely more than just investigating Johnson Outdoors recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Outdoors is a good investment. Please check the relationship between Johnson Outdoors Book Value Per Share and its Inventory Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.
Book Value Per Share vs Inventory Turnover
Book Value per Share vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Outdoors Book Value per Share account and Inventory Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Johnson Outdoors' Book Value per Share and Inventory Turnover is -0.58. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Johnson Outdoors, assuming nothing else is changed. The correlation between historical values of Johnson Outdoors' Book Value per Share and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Johnson Outdoors are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Book Value per Share i.e., Johnson Outdoors' Book Value per Share and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from Johnson Outdoors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Outdoors 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 Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.At this time, Johnson Outdoors' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 6.89 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 175.3 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 271.3M | 244.1M | 280.7M | 182.7M | Total Revenue | 743.4M | 663.8M | 763.4M | 440.3M |
Johnson Outdoors fundamental ratios Correlations
Click cells to compare fundamentals
Johnson Outdoors Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Outdoors fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 546.0M | 674.3M | 679.9M | 681.6M | 783.8M | 823.0M | |
Other Current Liab | 61.7M | 74.9M | 42.3M | 50.0M | 57.5M | 39.2M | |
Total Current Liabilities | 105.6M | 137.6M | 114.7M | 104.0M | 119.6M | 80.6M | |
Total Stockholder Equity | 378.1M | 458.5M | 488.0M | 499.7M | 574.7M | 603.4M | |
Property Plant And Equipment Net | 103.7M | 120.5M | 145.8M | 145.1M | 166.9M | 175.2M | |
Net Debt | (170.9M) | (190.5M) | (71.9M) | (86.3M) | (77.6M) | (73.8M) | |
Retained Earnings | 296.4M | 370.5M | 402.8M | 409.6M | 471.0M | 494.6M | |
Cash | 212.4M | 240.4M | 129.8M | 138.6M | 159.4M | 167.4M | |
Non Current Assets Total | 157.5M | 183.0M | 199.6M | 223.0M | 256.4M | 269.2M | |
Non Currrent Assets Other | 22.9M | 29.5M | 22.9M | 25.9M | 29.8M | 17.4M | |
Cash And Short Term Investments | 212.4M | 240.4M | 129.8M | 138.6M | 159.4M | 167.4M | |
Net Receivables | 67.3M | 71.3M | 91.9M | 43.2M | 49.6M | 53.8M | |
Common Stock Shares Outstanding | 10.1M | 10.1M | 10.2M | 10.2M | 11.7M | 9.7M | |
Liabilities And Stockholders Equity | 546.0M | 674.3M | 679.9M | 681.6M | 783.8M | 823.0M | |
Non Current Liabilities Total | 62.3M | 78.2M | 77.2M | 77.9M | 70.1M | 40.6M | |
Inventory | 97.4M | 166.6M | 248.6M | 261.5M | 300.7M | 315.7M | |
Other Current Assets | 11.4M | 84.2M | 231.7M | 197.2M | 226.8M | 238.1M | |
Other Stockholder Equity | 76.4M | 80.1M | 84.1M | 86.3M | 99.3M | 61.8M | |
Total Liab | 167.9M | 215.8M | 191.9M | 181.9M | 209.1M | 136.5M | |
Property Plant And Equipment Gross | 103.7M | 284.4M | 317.6M | 322.5M | 370.9M | 389.4M | |
Total Current Assets | 388.5M | 491.3M | 480.3M | 458.7M | 527.5M | 553.8M | |
Accumulated Other Comprehensive Income | 4.7M | 7.4M | 620K | 3.3M | 3.8M | 4.0M | |
Intangible Assets | 9.1M | 8.6M | 8.4M | 8.5M | 7.6M | 7.2M | |
Accounts Payable | 37.3M | 56.7M | 53.8M | 42.7M | 49.2M | 25.0M | |
Good Will | 11.2M | 11.2M | 11.2M | 11.2M | 10.1M | 9.6M | |
Other Liab | 24.0M | 27.4M | 78.2M | 77.2M | 88.8M | 93.2M | |
Other Assets | 31.9M | 33.5M | 183.0M | 199.6M | 229.6M | 241.0M | |
Property Plant Equipment | 59.5M | 63.0M | 71.5M | 89.1M | 102.5M | 107.6M | |
Current Deferred Revenue | 11.7M | 4.4M | 11.4M | 4.3M | 3.8M | 7.1M | |
Treasury Stock | (1.8M) | (2.2M) | (2.8M) | (3.3M) | (3.0M) | (2.8M) | |
Net Tangible Assets | 302.0M | 357.9M | 438.7M | 488.0M | 561.2M | 589.3M | |
Retained Earnings Total Equity | 248.4M | 296.4M | 370.5M | 402.8M | 463.2M | 486.4M | |
Capital Surpluse | 75.9M | 78.7M | 82.9M | 87.4M | 100.5M | 80.0M |
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 Johnson Outdoors 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, Johnson Outdoors' short interest history, or implied volatility extrapolated from Johnson Outdoors options trading.
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When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Outdoors' 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 Johnson Outdoors. If investors know Johnson 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 Johnson Outdoors 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 (0.33) | Dividend Share 1.26 | Earnings Share 1.71 | Revenue Per Share 61.262 | Quarterly Revenue Growth (0.22) |
The market value of Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' 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 Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' 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 Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' 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.