Johnson Interest Coverage vs Receivables Turnover Analysis

JOUT Stock  USD 46.11  0.34  0.74%   
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 Interest Coverage and its Receivables 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.

Interest Coverage vs Receivables Turnover

Interest Coverage vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Outdoors Interest Coverage account and Receivables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Johnson Outdoors' Interest Coverage and Receivables Turnover is -0.08. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Receivables 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' Interest Coverage and Receivables 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 Interest Coverage of Johnson Outdoors are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Interest Coverage i.e., Johnson Outdoors' Interest Coverage and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Receivables Turnover

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.Enterprise Value Multiple is likely to gain to 6.90 in 2024, whereas Selling General Administrative is likely to drop slightly above 49.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit271.3M244.1M280.7M182.7M
Total Revenue743.4M663.8M763.4M440.3M

Johnson Outdoors fundamental ratios Correlations

0.580.430.821.00.98-0.481.00.80.98-0.120.770.620.580.670.930.720.670.860.951.00.46-0.60.74-0.550.67
0.580.270.560.560.59-0.180.620.470.5-0.290.510.38-0.120.630.560.410.090.650.60.610.98-0.30.450.140.0
0.430.270.740.420.3-0.810.410.730.340.050.780.350.570.290.160.00.60.570.230.460.25-0.460.64-0.550.5
0.820.560.740.810.74-0.730.810.860.730.030.880.720.650.680.620.460.80.930.690.850.46-0.440.95-0.60.66
1.00.560.420.810.98-0.491.00.790.98-0.110.770.60.620.630.930.730.70.840.930.990.44-0.590.73-0.580.7
0.980.590.30.740.98-0.340.980.710.98-0.160.670.60.490.720.970.760.60.850.970.970.46-0.610.69-0.450.61
-0.48-0.18-0.81-0.73-0.49-0.34-0.47-0.88-0.36-0.05-0.89-0.48-0.61-0.2-0.150.01-0.64-0.51-0.22-0.53-0.170.23-0.610.68-0.47
1.00.620.410.811.00.98-0.470.780.98-0.130.760.60.560.660.940.730.660.860.950.990.5-0.590.72-0.520.65
0.80.470.730.860.790.71-0.880.780.69-0.120.980.620.550.530.540.280.630.780.610.830.4-0.470.72-0.570.53
0.980.50.340.730.980.98-0.360.980.69-0.090.670.530.590.630.960.770.660.80.950.960.38-0.610.66-0.540.7
-0.12-0.290.050.03-0.11-0.16-0.05-0.13-0.12-0.09-0.04-0.030.25-0.2-0.160.350.21-0.08-0.18-0.13-0.270.340.02-0.320.19
0.770.510.780.880.770.67-0.890.760.980.67-0.040.60.570.460.50.280.640.760.570.810.46-0.410.72-0.610.54
0.620.380.350.720.60.6-0.480.60.620.53-0.030.60.420.60.460.390.530.70.550.660.26-0.390.77-0.450.37
0.58-0.120.570.650.620.49-0.610.560.550.590.250.570.420.130.430.380.950.480.40.57-0.19-0.340.67-0.940.94
0.670.630.290.680.630.72-0.20.660.530.63-0.20.460.60.130.640.470.360.890.750.680.5-0.50.71-0.030.24
0.930.560.160.620.930.97-0.150.940.540.96-0.160.50.460.430.640.830.530.750.980.910.43-0.590.59-0.370.59
0.720.410.00.460.730.760.010.730.280.770.350.280.390.380.470.830.460.560.780.690.3-0.330.46-0.370.51
0.670.090.60.80.70.6-0.640.660.630.660.210.640.530.950.360.530.460.670.520.670.0-0.370.82-0.880.92
0.860.650.570.930.840.85-0.510.860.780.8-0.080.760.70.480.890.750.560.670.830.880.52-0.540.9-0.390.58
0.950.60.230.690.930.97-0.220.950.610.95-0.180.570.550.40.750.980.780.520.830.930.45-0.610.66-0.340.55
1.00.610.460.850.990.97-0.530.990.830.96-0.130.810.660.570.680.910.690.670.880.930.49-0.590.77-0.540.65
0.460.980.250.460.440.46-0.170.50.40.38-0.270.460.26-0.190.50.430.30.00.520.450.49-0.20.310.2-0.08
-0.6-0.3-0.46-0.44-0.59-0.610.23-0.59-0.47-0.610.34-0.41-0.39-0.34-0.5-0.59-0.33-0.37-0.54-0.61-0.59-0.2-0.430.32-0.4
0.740.450.640.950.730.69-0.610.720.720.660.020.720.770.670.710.590.460.820.90.660.770.31-0.43-0.590.67
-0.550.14-0.55-0.6-0.58-0.450.68-0.52-0.57-0.54-0.32-0.61-0.45-0.94-0.03-0.37-0.37-0.88-0.39-0.34-0.540.20.32-0.59-0.82
0.670.00.50.660.70.61-0.470.650.530.70.190.540.370.940.240.590.510.920.580.550.65-0.08-0.40.67-0.82
Click cells to compare fundamentals

Johnson Outdoors Account Relationship Matchups

Johnson Outdoors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets546.0M674.3M679.9M681.6M783.8M823.0M
Other Current Liab61.7M74.9M42.3M50.0M57.5M39.2M
Total Current Liabilities105.6M137.6M114.7M104.0M119.6M80.6M
Total Stockholder Equity378.1M458.5M488.0M499.7M574.7M603.4M
Property Plant And Equipment Net103.7M120.5M145.8M145.1M166.9M175.2M
Net Debt(170.9M)(190.5M)(71.9M)(86.3M)(77.6M)(73.8M)
Retained Earnings296.4M370.5M402.8M409.6M471.0M494.6M
Cash212.4M240.4M129.8M138.6M159.4M167.4M
Non Current Assets Total157.5M183.0M199.6M223.0M256.4M269.2M
Non Currrent Assets Other22.9M29.5M22.9M25.9M29.8M17.4M
Cash And Short Term Investments212.4M240.4M129.8M138.6M159.4M167.4M
Net Receivables67.3M71.3M91.9M43.2M49.6M53.8M
Common Stock Shares Outstanding10.1M10.1M10.2M10.2M11.7M9.7M
Liabilities And Stockholders Equity546.0M674.3M679.9M681.6M783.8M823.0M
Non Current Liabilities Total62.3M78.2M77.2M77.9M70.1M40.6M
Inventory97.4M166.6M248.6M261.5M300.7M315.7M
Other Current Assets11.4M84.2M231.7M197.2M226.8M238.1M
Other Stockholder Equity76.4M80.1M84.1M86.3M99.3M61.8M
Total Liab167.9M215.8M191.9M181.9M209.1M136.5M
Property Plant And Equipment Gross103.7M284.4M317.6M322.5M370.9M389.4M
Total Current Assets388.5M491.3M480.3M458.7M527.5M553.8M
Accumulated Other Comprehensive Income4.7M7.4M620K3.3M3.8M4.0M
Intangible Assets9.1M8.6M8.4M8.5M7.6M7.2M
Accounts Payable37.3M56.7M53.8M42.7M49.2M25.0M
Good Will11.2M11.2M11.2M11.2M10.1M9.6M
Other Liab24.0M27.4M78.2M77.2M88.8M93.2M
Other Assets31.9M33.5M183.0M199.6M229.6M241.0M
Property Plant Equipment59.5M63.0M71.5M89.1M102.5M107.6M
Current Deferred Revenue11.7M4.4M11.4M4.3M3.8M7.1M
Treasury Stock(1.8M)(2.2M)(2.8M)(3.3M)(3.0M)(2.8M)
Net Tangible Assets302.0M357.9M438.7M488.0M561.2M589.3M
Retained Earnings Total Equity248.4M296.4M370.5M402.8M463.2M486.4M
Capital Surpluse75.9M78.7M82.9M87.4M100.5M80.0M

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When determining whether Johnson Outdoors is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Outdoors Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Outdoors Stock:
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.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.