0J71 Change To Account Receivables vs Net Borrowings 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 Change To Account Receivables and its Net Borrowings 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.

Change To Account Receivables vs Net Borrowings

Change To Account Receivables vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Hunt Transport Change To Account Receivables account and Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JB Hunt's Change To Account Receivables and Net Borrowings is -0.18. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Borrowings 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 Change To Account Receivables and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of JB Hunt Transport are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Account Receivables i.e., JB Hunt's Change To Account Receivables and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Account Receivables

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
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 Profit1.3B1.7B2.4B1.3B
Total Revenue12.2B14.8B12.8B9.5B

JB Hunt fundamental ratios Correlations

0.960.941.00.990.871.00.930.491.00.590.490.490.91-0.740.910.680.96-0.931.00.96-0.350.98-0.070.920.94
0.960.920.970.960.730.960.90.460.960.390.450.460.87-0.690.80.70.91-0.880.960.93-0.330.92-0.060.890.94
0.940.920.950.920.790.940.950.520.930.560.430.520.94-0.690.780.630.9-0.860.930.95-0.320.90.120.870.87
1.00.970.950.990.851.00.920.490.990.570.480.490.91-0.720.890.70.95-0.910.990.96-0.350.97-0.050.920.95
0.990.960.920.990.880.990.890.391.00.570.550.390.86-0.720.90.740.96-0.910.990.92-0.390.98-0.060.90.96
0.870.730.790.850.880.870.820.260.880.880.470.260.8-0.680.950.520.92-0.840.890.82-0.330.89-0.140.790.74
1.00.960.941.00.990.870.940.50.990.590.470.50.92-0.750.910.650.97-0.931.00.97-0.340.98-0.090.940.93
0.930.90.950.920.890.820.940.490.910.60.320.490.99-0.740.840.480.94-0.90.930.96-0.260.89-0.070.920.79
0.490.460.520.490.390.260.50.490.420.26-0.011.00.51-0.40.420.050.34-0.470.480.64-0.020.490.020.50.38
1.00.960.930.991.00.880.990.910.420.580.520.420.88-0.730.910.710.96-0.920.990.94-0.370.98-0.090.920.95
0.590.390.560.570.570.880.590.60.260.580.280.260.62-0.540.810.230.66-0.610.620.61-0.20.6-0.10.510.39
0.490.450.430.480.550.470.470.32-0.010.520.28-0.010.3-0.690.410.580.46-0.610.490.35-0.930.540.310.410.63
0.490.460.520.490.390.260.50.491.00.420.26-0.010.51-0.40.420.050.34-0.470.480.64-0.020.490.020.50.38
0.910.870.940.910.860.80.920.990.510.880.620.30.51-0.730.830.460.92-0.880.910.96-0.240.86-0.030.890.76
-0.74-0.69-0.69-0.72-0.72-0.68-0.75-0.74-0.4-0.73-0.54-0.69-0.4-0.73-0.73-0.4-0.740.94-0.76-0.750.77-0.770.12-0.8-0.71
0.910.80.780.890.90.950.910.840.420.910.810.410.420.83-0.730.490.93-0.890.930.89-0.290.92-0.270.840.77
0.680.70.630.70.740.520.650.480.050.710.230.580.050.46-0.40.490.57-0.530.640.53-0.410.630.050.530.83
0.960.910.90.950.960.920.970.940.340.960.660.460.340.92-0.740.930.57-0.910.970.93-0.320.95-0.120.910.85
-0.93-0.88-0.86-0.91-0.91-0.84-0.93-0.9-0.47-0.92-0.61-0.61-0.47-0.880.94-0.89-0.53-0.91-0.94-0.910.59-0.930.14-0.93-0.86
1.00.960.930.990.990.891.00.930.480.990.620.490.480.91-0.760.930.640.97-0.940.96-0.360.98-0.090.920.92
0.960.930.950.960.920.820.970.960.640.940.610.350.640.96-0.750.890.530.93-0.910.96-0.260.93-0.070.910.84
-0.35-0.33-0.32-0.35-0.39-0.33-0.34-0.26-0.02-0.37-0.2-0.93-0.02-0.240.77-0.29-0.41-0.320.59-0.36-0.26-0.42-0.17-0.4-0.5
0.980.920.90.970.980.890.980.890.490.980.60.540.490.86-0.770.920.630.95-0.930.980.93-0.42-0.110.940.92
-0.07-0.060.12-0.05-0.06-0.14-0.09-0.070.02-0.09-0.10.310.02-0.030.12-0.270.05-0.120.14-0.09-0.07-0.17-0.11-0.25-0.05
0.920.890.870.920.90.790.940.920.50.920.510.410.50.89-0.80.840.530.91-0.930.920.91-0.40.94-0.250.87
0.940.940.870.950.960.740.930.790.380.950.390.630.380.76-0.710.770.830.85-0.860.920.84-0.50.92-0.050.87
Click cells to compare fundamentals

JB Hunt Account Relationship Matchups

JB Hunt fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.1B7.0B8.0B8.8B5.6B
Other Current Liab388.8M449.0M542.7M683.5M692.2M418.2M
Total Current Liabilities1.0B1.1B1.7B1.6B1.8B1.2B
Total Stockholder Equity2.3B2.6B3.1B3.7B4.1B2.3B
Property Plant And Equipment Net3.7B3.8B4.3B5.3B6.1B3.8B
Net Debt1.4B1.1B1.1B1.5B1.9B1.2B
Retained Earnings4.6B5.0B5.6B6.4B7.0B4.5B
Accounts Payable602.6M587.5M772.7M798.8M737.4M589.4M
Cash35M313.3M355.5M51.9M53.3M78.9M
Non Current Assets Total4.1B4.2B4.6B5.8B6.5B4.1B
Non Currrent Assets Other15.2M12.8M6.3M23.6M61.3M64.3M
Cash And Short Term Investments35M313.3M355.5M51.9M53.3M78.9M
Net Receivables1.0B1.1B1.5B1.5B1.3B1.1B
Common Stock Shares Outstanding108.3M106.8M106.6M105.3M104.5M89.4M
Non Current Liabilities Total2.3B2.4B2.1B2.8B2.7B2.1B
Inventory21.1M23.8M25.0M40.6M42.2M28.8M
Other Current Assets413.4M380.6M419.9M591.2M654.5M373.7M
Other Stockholder Equity(2.3B)(2.4B)(2.5B)(2.8B)(2.9B)(3.0B)
Total Liab3.3B3.5B3.8B4.3B4.7B3.3B
Total Current Assets1.5B1.8B2.3B2.2B2.1B1.5B
Short Long Term Debt Total1.4B1.4B1.5B1.6B1.9B1.4B
Liabilities And Stockholders Equity5.6B6.1B7.0B8.0B8.5B5.9B
Short Term Debt44.4M48.3M414.2M86M349.9M232.8M
Intangible Assets106.5M106.8M90.6M115.9M133.9M95.5M
Other Liab792.2M850.8M877.6M1.1B1.2B905.4M
Net Tangible Assets2.1B2.4B2.9B3.4B3.9B2.7B
Long Term Debt898.4M1.3B1.3B945.3M1.1B1.2B
Good Will96.3M105.4M100.5M120.4M134.1M100.0M
Property Plant Equipment3.7B3.8B4.3B5.3B6.1B4.3B

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