James Operating Income vs Gross Profit Analysis

JRVR Stock  USD 9.28  0.06  0.64%   
James River financial indicator trend analysis is infinitely more than just investigating James River Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether James River Group is a good investment. Please check the relationship between James River Operating Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James River Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of James River Group Operating Income account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between James River's Operating Income and Gross Profit is -0.07. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of James River Group, assuming nothing else is changed. The correlation between historical values of James River's Operating Income and Gross Profit 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 Income of James River Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., James River's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from James River Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of James River Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of James River Group minus its cost of goods sold. It is profit before James River operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from James River's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into James River Group 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 River Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
As of 04/23/2024, Tax Provision is likely to grow to about 29.4 M, while Selling General Administrative is likely to drop slightly above 2.2 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue165.1M195.9M194.0M193.2M
Total Revenue772.9M813.7M812.0M574.0M

James River fundamental ratios Correlations

-0.030.570.890.710.5-0.380.760.990.32-0.18-0.270.56-0.530.310.870.11-0.880.530.720.390.930.82-0.02-0.030.15
-0.03-0.10.060.570.80.05-0.65-0.02-0.16-0.15-0.760.03-0.060.490.260.990.11-0.570.390.880.140.28-0.95-0.480.98
0.57-0.10.450.380.32-0.10.560.490.950.670.060.33-0.96-0.430.3-0.04-0.270.210.170.060.280.180.06-0.180.0
0.890.060.450.740.49-0.440.620.90.18-0.29-0.330.63-0.380.370.880.2-0.750.490.840.410.90.81-0.070.070.25
0.710.570.380.740.84-0.480.170.710.15-0.25-0.770.36-0.40.560.760.7-0.610.030.810.830.780.82-0.62-0.10.7
0.50.80.320.490.84-0.17-0.120.50.16-0.07-0.70.24-0.450.460.620.85-0.33-0.320.680.880.560.61-0.8-0.510.87
-0.380.05-0.1-0.44-0.48-0.17-0.31-0.40.040.340.34-0.17-0.01-0.36-0.35-0.060.43-0.19-0.5-0.17-0.46-0.510.0-0.48-0.02
0.76-0.650.560.620.17-0.12-0.310.740.430.040.280.44-0.44-0.130.49-0.54-0.720.80.24-0.270.590.40.550.21-0.5
0.99-0.020.490.90.710.5-0.40.740.23-0.28-0.290.56-0.450.390.890.12-0.910.540.750.410.960.85-0.03-0.010.16
0.32-0.160.950.180.150.160.040.430.230.840.170.12-0.94-0.590.04-0.15-0.030.11-0.1-0.120.0-0.060.13-0.18-0.12
-0.18-0.150.67-0.29-0.25-0.070.340.04-0.280.840.41-0.17-0.69-0.81-0.45-0.210.45-0.25-0.48-0.35-0.49-0.530.14-0.28-0.2
-0.27-0.760.06-0.33-0.77-0.70.340.28-0.290.170.410.00.06-0.79-0.54-0.820.240.15-0.6-0.85-0.45-0.690.74-0.02-0.79
0.560.030.330.630.360.24-0.170.440.560.12-0.170.0-0.250.050.630.1-0.520.520.460.280.590.36-0.04-0.230.16
-0.53-0.06-0.96-0.38-0.4-0.45-0.01-0.44-0.45-0.94-0.690.06-0.250.35-0.32-0.10.21-0.11-0.16-0.16-0.26-0.20.10.34-0.14
0.310.49-0.430.370.560.46-0.36-0.130.39-0.59-0.81-0.790.050.350.590.56-0.390.040.690.650.590.78-0.440.190.52
0.870.260.30.880.760.62-0.350.490.890.04-0.45-0.540.63-0.320.590.38-0.810.50.810.620.950.9-0.27-0.10.43
0.110.99-0.040.20.70.85-0.06-0.540.12-0.15-0.21-0.820.1-0.10.560.38-0.03-0.490.510.930.280.41-0.95-0.420.99
-0.880.11-0.27-0.75-0.61-0.330.43-0.72-0.91-0.030.450.24-0.520.21-0.39-0.81-0.03-0.63-0.59-0.35-0.9-0.730.03-0.02-0.06
0.53-0.570.210.490.03-0.32-0.190.80.540.11-0.250.150.52-0.110.040.5-0.49-0.630.12-0.230.50.350.50.3-0.44
0.720.390.170.840.810.68-0.50.240.75-0.1-0.48-0.60.46-0.160.690.810.51-0.590.120.650.830.88-0.330.060.52
0.390.880.060.410.830.88-0.17-0.270.41-0.12-0.35-0.850.28-0.160.650.620.93-0.35-0.230.650.540.62-0.86-0.350.93
0.930.140.280.90.780.56-0.460.590.960.0-0.49-0.450.59-0.260.590.950.28-0.90.50.830.540.91-0.19-0.020.31
0.820.280.180.810.820.61-0.510.40.85-0.06-0.53-0.690.36-0.20.780.90.41-0.730.350.880.620.91-0.260.180.41
-0.02-0.950.06-0.07-0.62-0.80.00.55-0.030.130.140.74-0.040.1-0.44-0.27-0.950.030.5-0.33-0.86-0.19-0.260.56-0.94
-0.03-0.48-0.180.07-0.1-0.51-0.480.21-0.01-0.18-0.28-0.02-0.230.340.19-0.1-0.42-0.020.30.06-0.35-0.020.180.56-0.48
0.150.980.00.250.70.87-0.02-0.50.16-0.12-0.2-0.790.16-0.140.520.430.99-0.06-0.440.520.930.310.41-0.94-0.48
Click cells to compare fundamentals

James River Account Relationship Matchups

James River fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.1B4.9B5.1B3.5B2.9B
Other Current Liab(108.1M)(110.4M)(135.6M)(123.5M)1.1B1.2B
Total Stockholder Equity778.6M795.6M725.4M698.7M679.5M630.5M
Other Liab2.1B3.2B3.0B2.0B2.3B1.2B
Accounts Payable108.1M110.4M135.6M123.5M158.7M166.6M
Cash206.9M162.3M190.1M173.2M346.7M364.1M
Other Assets264.4M(461.4M)(1.0B)(1.1B)1.00.95
Short Term Investments1.6B1.9B1.8B1.9B113.8M108.1M
Total Liab4.2B4.3B4.2B4.4B2.8B2.2B
Intangible Assets36.9M36.4M36.0M35.7M32.8M32.5M
Property Plant Equipment19.0M15.3M12.5M14.2M16.3M18.1M
Retained Earnings89.6M49.2M(166.7M)(152.1M)(277.9M)(264.0M)
Long Term Debt262.4M1.2B201.4M326.4M375.3M281.2M
Common Stock Shares Outstanding30.7M30.9M35.0M37.7M37.6M34.7M
Short Long Term Debt Total222.4M262.4M366.4M326.4M331.3M270.9M
Total Current Liabilities108.1M110.4M135.6M123.5M1.3B1.4B
Property Plant And Equipment Net1.8M1.3M781K1.4M24.8M13.6M
Net Debt55.4M204.1M176.2M153.2M(15.5M)(14.7M)
Non Current Assets Total1.9B2.2B2.1B2.2B2.8B1.8B
Non Currrent Assets Other(27.7M)(34.9M)(57.8M)(69.7M)2.5B2.6B
Cash And Short Term Investments1.8B2.1B2.0B2.1B1.7B1.6B
Net Receivables1.1B1.2B1.8B2.0B1.8B1.0B
Liabilities And Stockholders Equity5.0B5.1B4.9B5.1B3.5B3.6B
Non Current Liabilities Total262.4M367.5M366.4M123.5M1.5B1.6B
Other Current Assets2.0B1.7B924.0M791.4M722.4M769.7M
Other Stockholder Equity657.9M664.5M862.0M868.9M876.2M776.6M
Total Current Assets2.9B3.3B3.8B4.0B722.4M686.3M
Accumulated Other Comprehensive Income31.1M81.9M30.0M(163.0M)(63.7M)(60.5M)
Net Tangible Assets559.8M577.4M507.5M336.3M302.6M385.8M
Long Term Investments1.7B2.2B2.1B2.0B1.5B1.6B
Current Deferred Revenue104.0M106.4M131.5M119.6M107.6M195.8M
Retained Earnings Total Equity79.8M89.6M49.2M(166.7M)(150.0M)(142.5M)
Long Term Debt Total222.4M262.4M1.2B201.4M231.6M392.8M
Capital Surpluse645.3M657.9M664.5M862.0M991.3M743.8M
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 James River 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, James River's short interest history, or implied volatility extrapolated from James River 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 James River Group is a strong investment it is important to analyze James River's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact James River's future performance. For an informed investment choice regarding James Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James River Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for James Stock analysis

When running James River's price analysis, check to measure James River'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 River is operating at the current time. Most of James River's value examination focuses on studying past and present price action to predict the probability of James River'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 River's price. Additionally, you may evaluate how the addition of James River to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
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
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Is James River'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 River. 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 River 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
3.19
Dividend Share
0.2
Earnings Share
1.34
Revenue Per Share
21.527
Quarterly Revenue Growth
(0.03)
The market value of James River Group 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 River's value that differs from its market value or its book value, called intrinsic value, which is James River'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 River's market value can be influenced by many factors that don't directly affect James River'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 River's value and its price as these two are different measures arrived at by different means. Investors typically determine if James River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James River'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.