JD Sports Cash vs Non Currrent Assets Other Analysis

JD Stock   101.80  1.60  1.55%   
JD Sports financial indicator trend analysis is infinitely more than just investigating JD Sports Fashion recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JD Sports Fashion is a good investment. Please check the relationship between JD Sports Cash and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JD Sports Fashion. 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 economic analysis.

Cash vs Non Currrent Assets Other

Cash vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JD Sports Fashion Cash account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between JD Sports' Cash and Non Currrent Assets Other is 0.67. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of JD Sports Fashion, assuming nothing else is changed. The correlation between historical values of JD Sports' Cash and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of JD Sports Fashion are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash i.e., JD Sports' Cash and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of JD Sports Fashion, which is listed under current asset account on JD Sports Fashion balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JD Sports customers. The amounts must be unrestricted with restricted cash listed in a different JD Sports account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from JD Sports' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JD Sports Fashion 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 JD Sports Fashion. 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 economic analysis.
As of December 1, 2024, Selling General Administrative is expected to decline to about 131 M. In addition to that, Discontinued Operations is expected to decline to about (14.9 M)
 2020 2021 2022 2023 (projected)
Gross Profit3.0B4.2B4.8B5.0B
Total Revenue6.2B8.6B10.1B10.5B

JD Sports fundamental ratios Correlations

0.990.980.980.850.980.980.971.00.680.970.240.860.990.970.920.661.00.810.990.680.970.880.280.92-0.31
0.990.980.960.820.990.980.970.980.770.970.160.860.960.970.920.60.980.840.990.670.950.920.250.91-0.34
0.980.980.950.790.990.980.940.970.750.940.290.890.950.990.920.690.970.860.990.710.920.880.240.88-0.33
0.980.960.950.930.960.960.930.990.620.930.270.80.990.940.840.580.990.760.950.60.990.790.310.97-0.3
0.850.820.790.930.820.820.750.890.430.750.280.590.90.780.630.380.880.580.770.40.950.540.40.97-0.24
0.980.990.990.960.820.990.950.980.790.950.220.850.950.980.90.60.980.860.980.660.930.90.250.9-0.35
0.980.980.980.960.820.990.930.970.770.930.270.850.940.990.890.590.970.850.980.660.920.870.290.89-0.32
0.970.970.940.930.750.950.930.960.671.00.120.860.960.910.930.650.970.790.980.70.920.940.190.85-0.31
1.00.980.970.990.890.980.970.960.640.960.270.840.990.950.890.631.00.780.970.660.980.840.310.94-0.3
0.680.770.750.620.430.790.770.670.640.67-0.110.650.580.760.690.270.650.820.740.510.570.810.00.58-0.36
0.970.970.940.930.750.950.931.00.960.670.120.860.960.910.930.650.970.790.980.70.920.940.190.85-0.31
0.240.160.290.270.280.220.270.120.27-0.110.120.320.260.30.110.390.230.080.20.290.22-0.050.150.160.19
0.860.860.890.80.590.850.850.860.840.650.860.320.820.850.90.810.840.770.880.950.760.830.060.69-0.11
0.990.960.950.990.90.950.940.960.990.580.960.260.820.920.880.641.00.740.960.640.990.820.320.94-0.28
0.970.970.990.940.780.980.990.910.950.760.910.30.850.920.910.650.950.860.980.660.890.860.280.86-0.35
0.920.920.920.840.630.90.890.930.890.690.930.110.90.880.910.810.90.770.950.760.810.910.190.77-0.26
0.660.60.690.580.380.60.590.650.630.270.650.390.810.640.650.810.630.520.680.730.530.580.150.45-0.12
1.00.980.970.990.880.980.970.971.00.650.970.230.841.00.950.90.630.780.980.660.980.860.30.94-0.31
0.810.840.860.760.580.860.850.790.780.820.790.080.770.740.860.770.520.780.840.650.720.81-0.030.7-0.52
0.990.990.990.950.770.980.980.980.970.740.980.20.880.960.980.950.680.980.840.710.920.930.230.87-0.33
0.680.670.710.60.40.660.660.70.660.510.70.290.950.640.660.760.730.660.650.710.570.69-0.070.50.05
0.970.950.920.990.950.930.920.920.980.570.920.220.760.990.890.810.530.980.720.920.570.770.330.98-0.29
0.880.920.880.790.540.90.870.940.840.810.94-0.050.830.820.860.910.580.860.810.930.690.770.110.69-0.33
0.280.250.240.310.40.250.290.190.310.00.190.150.060.320.280.190.150.3-0.030.23-0.070.330.110.33-0.04
0.920.910.880.970.970.90.890.850.940.580.850.160.690.940.860.770.450.940.70.870.50.980.690.33-0.31
-0.31-0.34-0.33-0.3-0.24-0.35-0.32-0.31-0.3-0.36-0.310.19-0.11-0.28-0.35-0.26-0.12-0.31-0.52-0.330.05-0.29-0.33-0.04-0.31
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JD Sports Account Relationship Matchups

JD Sports fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B4.3B5.2B7.1B8.0B8.0B
Total Current Liabilities900.5M1.2B1.6B1.9B2.2B2.0B
Total Stockholder Equity1.2B1.2B1.9B2.1B2.5B55.0M
Property Plant And Equipment Net2.4B2.3B2.7B3.0B3.4B40.0M
Net Debt1.6B1.1B1.1B869.9M1.5B(3.5M)
Retained Earnings1.0B1.2B1.6B1.9B2.0B2.2B
Accounts Payable426.6M514.2M526.6M723.7M782.8M11.1M
Cash251.2M465.9M964.4M1.3B1.6B1.2B
Non Current Assets Total1.0B2.9B3.2B4.4B4.6B5.0B
Non Currrent Assets Other50.5M63.2M59.5M65.3M58.1M(986K)
Cash And Short Term Investments465.9M964.4M1.3B1.6B1.2B986K
Liabilities And Stockholders Equity2.2B4.3B5.2B7.1B8.0B8.0B
Non Current Liabilities Total228.2M1.8B2.1B2.8B3.2B3.2B
Inventory763.8M811.8M813.7M989.4M1.5B1.6B
Other Current Assets141.3M95M316.5M398.9M260.3M6.6M
Total Liab1.1B3.1B3.7B4.7B5.4B5.2B
Total Current Assets1.2B1.5B1.9B2.7B3.4B3.0B
Accumulated Other Comprehensive Income(40.6M)(336.2M)(454.6M)(361.9M)(227.6M)(21.6M)
Short Long Term Debt Total2.0B2.1B2.4B2.5B2.6B3.3M
Other Current Liab189.1M588.5M777.8M922.8M546.3M7.0M
Short Term Debt590.4M422.7M451.6M499M508.8M1.6M
Net Receivables42.6M46.2M203.5M142.3M37.3M19K
Intangible Assets180M204.3M241.4M410.3M446.8M452.3M
Good Will209.4M578.3M1.1B1.0B977M1.0B

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Other Information on Investing in JD Sports Stock

Balance Sheet is a snapshot of the financial position of JD Sports Fashion at a specified time, usually calculated after every quarter, six months, or one year. JD Sports Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JD Sports and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which JD Sports currently owns. An asset can also be divided into two categories, current and non-current.