Johnson Outdoors Total Asset vs. Price to Sales
| JOUT Stock | USD 42.31 0.20 0.47% |
Johnson Outdoors Total Assets |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.46 | 0.365 |
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| Net Profit Margin | 0.0628 | 0.0599 |
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| Operating Profit Margin | 0.0673 | 0.0701 |
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| Pretax Profit Margin | 0.0832 | 0.0792 |
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| Return On Assets | 0.0687 | 0.0654 |
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| Return On Equity | 0.0646 | 0.0912 |
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For Johnson Outdoors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Johnson Outdoors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Johnson Outdoors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Johnson Outdoors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Johnson Outdoors over time as well as its relative position and ranking within its peers.
Johnson |
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.
Johnson Outdoors Price to Sales vs. Total Asset Fundamental Analysis
Johnson Price to Sales vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Johnson Outdoors |
| = | 681.61 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Johnson Outdoors | = | null |
Use Johnson Outdoors in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Johnson Outdoors position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Johnson Outdoors will appreciate offsetting losses from the drop in the long position's value.Johnson Outdoors Pair Trading
Johnson Outdoors Pair Trading Analysis
The ability to find closely correlated positions to Johnson Outdoors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Johnson Outdoors when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Johnson Outdoors - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Johnson Outdoors to buy it.
The correlation of Johnson Outdoors is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Johnson Outdoors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Johnson Outdoors moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Johnson Outdoors can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Johnson Outdoors position
In addition to having Johnson Outdoors in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Commodities Funds
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Commodities Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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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To fully project Johnson Outdoors' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Johnson Outdoors at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Johnson Outdoors' income statement, its balance sheet, and the statement of cash flows.