Jabil Net Income vs Other Non Cash Items Analysis
JBL Stock | USD 145.00 4.56 3.25% |
Jabil Circuit financial indicator trend analysis is infinitely more than just investigating Jabil Circuit recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jabil Circuit is a good investment. Please check the relationship between Jabil Circuit Net Income and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.
Net Income vs Other Non Cash Items
Net Income vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jabil Circuit Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Jabil Circuit's Net Income and Other Non Cash Items is -0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Jabil Circuit, assuming nothing else is changed. The correlation between historical values of Jabil Circuit's Net Income and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Jabil Circuit are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Jabil Circuit's Net Income and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Jabil Circuit financial statement analysis. It represents the amount of money remaining after all of Jabil Circuit operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Other Non Cash Items
Most indicators from Jabil Circuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jabil Circuit 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 Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.At this time, Jabil Circuit's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 9.19 this year, although the value of Discontinued Operations is projected to rise to (7.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 2.9B | 2.7B | 2.8B | Total Revenue | 33.5B | 34.7B | 28.9B | 30.3B |
Jabil Circuit fundamental ratios Correlations
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Jabil Circuit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jabil Circuit fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.4B | 16.7B | 19.7B | 19.4B | 17.4B | 18.2B | |
Short Long Term Debt Total | 3.1B | 3.3B | 3.4B | 3.2B | 3.3B | 3.4B | |
Other Current Liab | 2.7B | 2.9B | 4.2B | 6.7B | 4.4B | 4.6B | |
Total Current Liabilities | 9.1B | 10.7B | 13.7B | 12.7B | 11.8B | 12.4B | |
Total Stockholder Equity | 1.8B | 2.1B | 2.5B | 2.9B | 1.7B | 1.7B | |
Property Plant And Equipment Net | 4.0B | 4.5B | 4.5B | 3.5B | 3.4B | 1.8B | |
Net Debt | 1.7B | 1.8B | 1.9B | 1.4B | 1.1B | 1.1B | |
Retained Earnings | 2.0B | 2.7B | 3.6B | 4.4B | 5.8B | 6.0B | |
Accounts Payable | 5.7B | 6.8B | 8.0B | 5.7B | 6.2B | 6.5B | |
Cash | 1.4B | 1.6B | 1.5B | 1.8B | 2.2B | 2.3B | |
Non Current Assets Total | 5.3B | 5.8B | 5.8B | 4.7B | 4.6B | 2.5B | |
Non Currrent Assets Other | 162.2M | 230M | 281M | 268M | 276M | 289.8M | |
Cash And Short Term Investments | 1.4B | 1.6B | 1.5B | 1.8B | 2.2B | 2.3B | |
Net Receivables | 4.0B | 4.1B | 5.2B | 4.7B | 4.6B | 4.8B | |
Common Stock Shares Outstanding | 155.3M | 152.1M | 144.4M | 135.9M | 124.3M | 190.2M | |
Liabilities And Stockholders Equity | 14.4B | 16.7B | 19.7B | 19.4B | 17.4B | 18.2B | |
Non Current Liabilities Total | 3.5B | 3.8B | 3.6B | 3.9B | 3.8B | 4.0B | |
Inventory | 3.1B | 4.4B | 6.1B | 5.2B | 4.3B | 4.5B | |
Other Current Assets | 657.1M | 757M | 1.1B | 3.0B | 1.7B | 1.8B | |
Other Stockholder Equity | (195.6M) | (527M) | (1.1B) | (1.5B) | (4.0B) | (3.8B) | |
Total Liab | 12.6B | 14.5B | 17.3B | 16.6B | 15.6B | 16.4B | |
Total Current Assets | 9.1B | 10.9B | 13.9B | 14.7B | 12.8B | 13.4B | |
Short Term Debt | 160.9M | 204M | 539M | 178M | 93M | 131.3M | |
Current Deferred Revenue | 496.2M | 559M | 796M | 131M | 1.0B | 1.1B | |
Property Plant And Equipment Gross | 4.0B | 4.5B | 4.5B | 3.5B | 8.1B | 8.5B | |
Accumulated Other Comprehensive Income | (34.2M) | (25M) | (42M) | (17M) | (46M) | (43.7M) | |
Short Term Investments | 16.6M | 18M | 16M | 25M | 27M | 28.4M | |
Common Stock | 260K | 264K | 267K | 270K | 310.5K | 248.2K | |
Other Liab | 358.0M | 623M | 576M | 506M | 581.9M | 611.0M | |
Other Assets | 327.6M | 415M | 493M | 427M | 491.1M | 515.6M | |
Long Term Debt | 2.7B | 2.9B | 2.6B | 2.9B | 2.9B | 1.6B | |
Intangible Assets | 209.9M | 182M | 158M | 142M | 143M | 225.6M | |
Property Plant Equipment | 3.7B | 4.5B | 4.5B | 3.5B | 4.0B | 2.3B | |
Good Will | 696.9M | 715M | 704M | 621M | 661M | 515.3M | |
Treasury Stock | (2.4B) | (2.6B) | (3.1B) | (3.8B) | (3.4B) | (3.2B) | |
Net Tangible Assets | 904.7M | 1.2B | 1.6B | 2.1B | 1.9B | 1.2B | |
Noncontrolling Interest In Consolidated Entity | 13.1M | 13.3M | 14.0M | 1M | 900K | 855K | |
Retained Earnings Total Equity | 2.0B | 2.0B | 2.7B | 3.6B | 4.2B | 4.4B |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jabil Circuit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Jabil Stock please use our How to buy in Jabil Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Electronic Equipment, Instruments & Components space 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 Jabil Circuit. If investors know Jabil 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 Jabil Circuit 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 0.016 | Earnings Share 10.58 | Revenue Per Share 235.972 | Quarterly Revenue Growth (0.18) | Return On Assets 0.0492 |
The market value of Jabil Circuit is measured differently than its book value, which is the value of Jabil that is recorded on the company's balance sheet. Investors also form their own opinion of Jabil Circuit's value that differs from its market value or its book value, called intrinsic value, which is Jabil Circuit'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 Jabil Circuit's market value can be influenced by many factors that don't directly affect Jabil Circuit'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 Jabil Circuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jabil Circuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jabil Circuit'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.