JBSS Stock | | | USD 84.74 0.83 0.99% |
John B financial indicator trend analysis is infinitely more than just investigating John B Sanfilippo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John B Sanfilippo is a good investment. Please check the relationship between John B Good Will and its Other Stockholder Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John B Sanfilippo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Good Will vs Other Stockholder Equity
Good Will vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John B Sanfilippo Good Will account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between John B's Good Will and Other Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of John B Sanfilippo, assuming nothing else is changed. The correlation between historical values of John B's Good Will and Other 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 Good Will of John B Sanfilippo are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., John B's Good Will and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Other Stockholder Equity
Most indicators from John B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John B Sanfilippo 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 John B Sanfilippo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Tax Provision is likely to gain to about 19.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 36.9
M in 2024.
John B fundamental ratios Correlations
Click cells to compare fundamentals
John B Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John B fundamental ratios Accounts
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