0J71 Capital Expenditures vs Change To Netincome Analysis

0J71 Stock

182.90 0.65 0.35%

JB Hunt financial indicator trend analysis is infinitely more than just investigating JB Hunt Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hunt Transport is a good investment. Please check the relationship between JB Hunt Capital Expenditures and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Hunt Transport Capital Expenditures account and Change To Netincome. At this time, the significance of the direction appears to have very strong relationship.

The correlation between JB Hunt's Capital Expenditures and Change To Netincome is 0.82. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of JB Hunt Transport, assuming nothing else is changed. The correlation between historical values of JB Hunt's Capital Expenditures and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of JB Hunt Transport are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., JB Hunt's Capital Expenditures and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Capital Expenditures

Capital Expenditures are funds used by JB Hunt Transport to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of JB Hunt operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Netincome

Most indicators from JB Hunt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hunt Transport 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 288.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 117.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.7B	2.4B	1.3B
Total Revenue	12.2B	14.8B	12.8B	9.5B

Gross Profit Total Revenue

JB Hunt fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.96	0.94	1.0	0.99	0.87	1.0	0.93	0.49	1.0	0.59	0.49	0.49	0.91	-0.74	0.91	0.68	0.96	-0.93	1.0	0.96	-0.35	0.98	-0.07	0.92	0.94
Other Current Liab	0.96		0.92	0.97	0.96	0.73	0.96	0.9	0.46	0.96	0.39	0.45	0.46	0.87	-0.69	0.8	0.7	0.91	-0.88	0.96	0.93	-0.33	0.92	-0.06	0.89	0.94
Total Current Liabilities	0.94	0.92		0.95	0.92	0.79	0.94	0.95	0.52	0.93	0.56	0.43	0.52	0.94	-0.69	0.78	0.63	0.9	-0.86	0.93	0.95	-0.32	0.9	0.12	0.87	0.87
Total Stockholder Equity	1.0	0.97	0.95		0.99	0.85	1.0	0.92	0.49	0.99	0.57	0.48	0.49	0.91	-0.72	0.89	0.7	0.95	-0.91	0.99	0.96	-0.35	0.97	-0.05	0.92	0.95
Property Plant And Equipment Net	0.99	0.96	0.92	0.99		0.88	0.99	0.89	0.39	1.0	0.57	0.55	0.39	0.86	-0.72	0.9	0.74	0.96	-0.91	0.99	0.92	-0.39	0.98	-0.06	0.9	0.96
Net Debt	0.87	0.73	0.79	0.85	0.88		0.87	0.82	0.26	0.88	0.88	0.47	0.26	0.8	-0.68	0.95	0.52	0.92	-0.84	0.89	0.82	-0.33	0.89	-0.14	0.79	0.74
Retained Earnings	1.0	0.96	0.94	1.0	0.99	0.87		0.94	0.5	0.99	0.59	0.47	0.5	0.92	-0.75	0.91	0.65	0.97	-0.93	1.0	0.97	-0.34	0.98	-0.09	0.94	0.93
Accounts Payable	0.93	0.9	0.95	0.92	0.89	0.82	0.94		0.49	0.91	0.6	0.32	0.49	0.99	-0.74	0.84	0.48	0.94	-0.9	0.93	0.96	-0.26	0.89	-0.07	0.92	0.79
Cash	0.49	0.46	0.52	0.49	0.39	0.26	0.5	0.49		0.42	0.26	-0.01	1.0	0.51	-0.4	0.42	0.05	0.34	-0.47	0.48	0.64	-0.02	0.49	0.02	0.5	0.38
Non Current Assets Total	1.0	0.96	0.93	0.99	1.0	0.88	0.99	0.91	0.42		0.58	0.52	0.42	0.88	-0.73	0.91	0.71	0.96	-0.92	0.99	0.94	-0.37	0.98	-0.09	0.92	0.95
Non Currrent Assets Other	0.59	0.39	0.56	0.57	0.57	0.88	0.59	0.6	0.26	0.58		0.28	0.26	0.62	-0.54	0.81	0.23	0.66	-0.61	0.62	0.61	-0.2	0.6	-0.1	0.51	0.39
Other Assets	0.49	0.45	0.43	0.48	0.55	0.47	0.47	0.32	-0.01	0.52	0.28		-0.01	0.3	-0.69	0.41	0.58	0.46	-0.61	0.49	0.35	-0.93	0.54	0.31	0.41	0.63
Cash And Short Term Investments	0.49	0.46	0.52	0.49	0.39	0.26	0.5	0.49	1.0	0.42	0.26	-0.01		0.51	-0.4	0.42	0.05	0.34	-0.47	0.48	0.64	-0.02	0.49	0.02	0.5	0.38
Net Receivables	0.91	0.87	0.94	0.91	0.86	0.8	0.92	0.99	0.51	0.88	0.62	0.3	0.51		-0.73	0.83	0.46	0.92	-0.88	0.91	0.96	-0.24	0.86	-0.03	0.89	0.76
Common Stock Shares Outstanding	-0.74	-0.69	-0.69	-0.72	-0.72	-0.68	-0.75	-0.74	-0.4	-0.73	-0.54	-0.69	-0.4	-0.73		-0.73	-0.4	-0.74	0.94	-0.76	-0.75	0.77	-0.77	0.12	-0.8	-0.71
Non Current Liabilities Total	0.91	0.8	0.78	0.89	0.9	0.95	0.91	0.84	0.42	0.91	0.81	0.41	0.42	0.83	-0.73		0.49	0.93	-0.89	0.93	0.89	-0.29	0.92	-0.27	0.84	0.77
Inventory	0.68	0.7	0.63	0.7	0.74	0.52	0.65	0.48	0.05	0.71	0.23	0.58	0.05	0.46	-0.4	0.49		0.57	-0.53	0.64	0.53	-0.41	0.63	0.05	0.53	0.83
Other Current Assets	0.96	0.91	0.9	0.95	0.96	0.92	0.97	0.94	0.34	0.96	0.66	0.46	0.34	0.92	-0.74	0.93	0.57		-0.91	0.97	0.93	-0.32	0.95	-0.12	0.91	0.85
Other Stockholder Equity	-0.93	-0.88	-0.86	-0.91	-0.91	-0.84	-0.93	-0.9	-0.47	-0.92	-0.61	-0.61	-0.47	-0.88	0.94	-0.89	-0.53	-0.91		-0.94	-0.91	0.59	-0.93	0.14	-0.93	-0.86
Total Liab	1.0	0.96	0.93	0.99	0.99	0.89	1.0	0.93	0.48	0.99	0.62	0.49	0.48	0.91	-0.76	0.93	0.64	0.97	-0.94		0.96	-0.36	0.98	-0.09	0.92	0.92
Total Current Assets	0.96	0.93	0.95	0.96	0.92	0.82	0.97	0.96	0.64	0.94	0.61	0.35	0.64	0.96	-0.75	0.89	0.53	0.93	-0.91	0.96		-0.26	0.93	-0.07	0.91	0.84
Common Stock	-0.35	-0.33	-0.32	-0.35	-0.39	-0.33	-0.34	-0.26	-0.02	-0.37	-0.2	-0.93	-0.02	-0.24	0.77	-0.29	-0.41	-0.32	0.59	-0.36	-0.26		-0.42	-0.17	-0.4	-0.5
Short Long Term Debt Total	0.98	0.92	0.9	0.97	0.98	0.89	0.98	0.89	0.49	0.98	0.6	0.54	0.49	0.86	-0.77	0.92	0.63	0.95	-0.93	0.98	0.93	-0.42		-0.11	0.94	0.92
Short Term Debt	-0.07	-0.06	0.12	-0.05	-0.06	-0.14	-0.09	-0.07	0.02	-0.09	-0.1	0.31	0.02	-0.03	0.12	-0.27	0.05	-0.12	0.14	-0.09	-0.07	-0.17	-0.11		-0.25	-0.05
Intangible Assets	0.92	0.89	0.87	0.92	0.9	0.79	0.94	0.92	0.5	0.92	0.51	0.41	0.5	0.89	-0.8	0.84	0.53	0.91	-0.93	0.92	0.91	-0.4	0.94	-0.25		0.87
Other Liab	0.94	0.94	0.87	0.95	0.96	0.74	0.93	0.79	0.38	0.95	0.39	0.63	0.38	0.76	-0.71	0.77	0.83	0.85	-0.86	0.92	0.84	-0.5	0.92	-0.05	0.87

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JB Hunt Account Relationship Matchups

JB Hunt fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.6B	6.1B	7.0B	8.0B	8.8B	5.6B
Other Current Liab	388.8M	449.0M	542.7M	683.5M	692.2M	418.2M
Total Current Liabilities	1.0B	1.1B	1.7B	1.6B	1.8B	1.2B
Total Stockholder Equity	2.3B	2.6B	3.1B	3.7B	4.1B	2.3B
Property Plant And Equipment Net	3.7B	3.8B	4.3B	5.3B	6.1B	3.8B
Net Debt	1.4B	1.1B	1.1B	1.5B	1.9B	1.2B
Retained Earnings	4.6B	5.0B	5.6B	6.4B	7.0B	4.5B
Accounts Payable	602.6M	587.5M	772.7M	798.8M	737.4M	589.4M
Cash	35M	313.3M	355.5M	51.9M	53.3M	78.9M
Non Current Assets Total	4.1B	4.2B	4.6B	5.8B	6.5B	4.1B
Non Currrent Assets Other	15.2M	12.8M	6.3M	23.6M	61.3M	64.3M
Cash And Short Term Investments	35M	313.3M	355.5M	51.9M	53.3M	78.9M
Net Receivables	1.0B	1.1B	1.5B	1.5B	1.3B	1.1B
Common Stock Shares Outstanding	108.3M	106.8M	106.6M	105.3M	104.5M	89.4M
Non Current Liabilities Total	2.3B	2.4B	2.1B	2.8B	2.7B	2.1B
Inventory	21.1M	23.8M	25.0M	40.6M	42.2M	28.8M
Other Current Assets	413.4M	380.6M	419.9M	591.2M	654.5M	373.7M
Other Stockholder Equity	(2.3B)	(2.4B)	(2.5B)	(2.8B)	(2.9B)	(3.0B)
Total Liab	3.3B	3.5B	3.8B	4.3B	4.7B	3.3B
Total Current Assets	1.5B	1.8B	2.3B	2.2B	2.1B	1.5B
Short Long Term Debt Total	1.4B	1.4B	1.5B	1.6B	1.9B	1.4B
Liabilities And Stockholders Equity	5.6B	6.1B	7.0B	8.0B	8.5B	5.9B
Short Term Debt	44.4M	48.3M	414.2M	86M	349.9M	232.8M
Intangible Assets	106.5M	106.8M	90.6M	115.9M	133.9M	95.5M
Other Liab	792.2M	850.8M	877.6M	1.1B	1.2B	905.4M
Net Tangible Assets	2.1B	2.4B	2.9B	3.4B	3.9B	2.7B
Long Term Debt	898.4M	1.3B	1.3B	945.3M	1.1B	1.2B
Good Will	96.3M	105.4M	100.5M	120.4M	134.1M	100.0M
Property Plant Equipment	3.7B	3.8B	4.3B	5.3B	6.1B	4.3B

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0J71 Capital Expenditures vs Change To Netincome Analysis

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change To Netincome

JB Hunt fundamental ratios Correlations

JB Hunt Account Relationship Matchups

High Positive Relationship

High Negative Relationship

JB Hunt fundamental ratios Accounts

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Additional Tools for 0J71 Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Total Liab	- 0.94	Other Stockholder Equity
Intangible Assets	- 0.93	Other Stockholder Equity
Short Long Term Debt Total	- 0.93	Other Stockholder Equity
Common Stock	- 0.93	Other Assets
Other Stockholder Equity	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.93	Total Assets