Johnson Operating Margin vs Quick Ratio Analysis

JOUT Stock  USD 42.31  1.15  2.65%   
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 Operating Profit Margin and its Quick Ratio 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.

Operating Profit Margin vs Quick Ratio

Operating Margin vs Quick Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Outdoors Operating Margin account and Quick Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Johnson Outdoors' Operating Margin and Quick Ratio is 0.58. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Quick Ratio 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' Operating Margin and Quick Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Margin of Johnson Outdoors are associated (or correlated) with its Quick Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Quick Ratio has no effect on the direction of Operating Margin i.e., Johnson Outdoors' Operating Margin and Quick Ratio go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Profit Margin

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.
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 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
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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Johnson Stock analysis

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.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Content Syndication
Quickly integrate customizable finance content to your own investment portal
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
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
1.28
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.