Jowell Other Current Assets vs Total Stockholder Equity Analysis
JWEL Stock | USD 1.08 0.02 1.82% |
Jowell Global financial indicator trend analysis is infinitely more than just investigating Jowell Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jowell Global is a good investment. Please check the relationship between Jowell Global Other Current Assets and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jowell Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.
Other Current Assets vs Total Stockholder Equity
Other Current Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jowell Global Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jowell Global's Other Current Assets and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Jowell Global, assuming nothing else is changed. The correlation between historical values of Jowell Global's Other Current Assets and Total Stockholder Equity 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 Assets of Jowell Global are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Jowell Global's Other Current Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Jowell Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jowell Global 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 Jowell Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.At this time, Jowell Global's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 3.5 M this year, although Enterprise Value Over EBITDA is projected to rise to (0.44).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.7M | 6.2M | 3.3M | 5.5M | Total Revenue | 170.9M | 210.0M | 160.0M | 132.7M |
Jowell Global fundamental ratios Correlations
Click cells to compare fundamentals
Jowell Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jowell Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.3M | 33.9M | 58.7M | 71.2M | 35.3M | 39.9M | |
Other Current Liab | 4.0M | 3.5M | 1.5M | 1.4M | 4.7M | 3.0M | |
Total Current Liabilities | 6.9M | 12.2M | 15.1M | 31.6M | 9.1M | 14.6M | |
Total Stockholder Equity | 4.4M | 18.7M | 39.7M | 37.4M | 25.2M | 23.4M | |
Net Tangible Assets | 4.3M | 18.7M | 39.3M | 36.6M | 42.1M | 22.3M | |
Property Plant And Equipment Net | 15.3K | 3.7M | 5.8M | 4.4M | 2.7M | 3.0M | |
Current Deferred Revenue | 2.0M | 1.7M | 2.2M | 18.5M | 21.2M | 22.3M | |
Net Debt | (11.5K) | (14.6M) | (13.3M) | (11.0M) | 205.5K | 215.8K | |
Retained Earnings | 160.9K | 3.4M | (3.0M) | (14.6M) | (25.6M) | (24.4M) | |
Accounts Payable | 2.9M | 6.3M | 7.4M | 8.1M | 4.0M | 5.6M | |
Cash | 11.5K | 18.2M | 21.2M | 16.7M | 1.3M | 1.2M | |
Non Current Assets Total | 69.1K | 4.3M | 12.4M | 11.3M | 8.6M | 6.7M | |
Non Currrent Assets Other | (69.1K) | (3.2M) | 1.1M | 919.7K | 1.4M | 1.5M | |
Cash And Short Term Investments | 11.5K | 18.2M | 21.2M | 16.7M | 1.3M | 1.2M | |
Net Receivables | 1.0 | 988.8K | 5.4M | 6.5M | 2.4M | 3.7M | |
Common Stock Shares Outstanding | 25.4M | 24.9M | 24.6M | 29.6M | 2.1M | 2.0M | |
Liabilities And Stockholders Equity | 11.3M | 33.9M | 58.7M | 71.2M | 35.3M | 39.9M | |
Non Current Liabilities Total | 4.9M | 3.0M | 4.0M | 2.1M | 1.0M | 2.0M | |
Inventory | 10.7M | 10.1M | 17.5M | 35.0M | 21.6M | 17.9M | |
Other Current Assets | 488.5K | 253.7K | 2.1M | 1.7M | 1.4M | 1.1M | |
Other Stockholder Equity | 4.1M | 14.2M | 40.8M | 52.6M | 52.7M | 30.5M | |
Total Liab | 6.9M | 15.1M | 19.0M | 33.7M | 10.1M | 16.5M | |
Net Invested Capital | 4.4M | 19.3M | 42.4M | 39.9M | 25.6M | 24.6M | |
Property Plant And Equipment Gross | 15.3K | 3.7M | 6.0M | 4.7M | 3.1M | 3.2M | |
Total Current Assets | 11.2M | 29.6M | 46.3M | 59.9M | 26.7M | 33.2M | |
Accumulated Other Comprehensive Income | 135.3K | 1.2M | 1.9M | (556.2K) | (1.8M) | (1.8M) | |
Net Working Capital | 4.3M | 17.9M | 31.3M | 28.3M | 17.6M | 18.6M | |
Short Term Debt | 2.0M | 721.0K | 4.0M | 3.6M | 423.6K | 402.4K | |
Intangible Assets | 53.8K | 34.9K | 386.5K | 855.1K | 634.7K | 366.0K | |
Property Plant Equipment | 15.3K | 3.7M | 5.8M | 4.4M | 5.1M | 3.1M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jowell Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.Note that the Jowell Global information on this page should be used as a complementary analysis to other Jowell Global'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Jowell Global's price analysis, check to measure Jowell Global'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 Jowell Global is operating at the current time. Most of Jowell Global's value examination focuses on studying past and present price action to predict the probability of Jowell Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jowell Global's price. Additionally, you may evaluate how the addition of Jowell Global to your portfolios can decrease your overall portfolio volatility.
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Is Jowell Global'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 Jowell Global. If investors know Jowell 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 Jowell Global 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 2.877 | Earnings Share (4.70) | Revenue Per Share 74.741 | Quarterly Revenue Growth (0.31) | Return On Assets (0.13) |
The market value of Jowell Global is measured differently than its book value, which is the value of Jowell that is recorded on the company's balance sheet. Investors also form their own opinion of Jowell Global's value that differs from its market value or its book value, called intrinsic value, which is Jowell Global'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 Jowell Global's market value can be influenced by many factors that don't directly affect Jowell Global'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 Jowell Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jowell Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jowell Global'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.