JD Sports Inventory vs Other Stockholder Equity Analysis

JD Stock   103.40  1.75  1.72%   
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 Inventory 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 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JD Sports Fashion Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between JD Sports' Inventory and Other Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity 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' Inventory 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 Inventory of JD Sports Fashion 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 Inventory i.e., JD Sports' Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Other Stockholder Equity

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 November 29, 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

0.990.980.980.850.980.710.971.00.680.970.240.860.990.970.890.661.00.810.990.680.970.840.280.98-0.31
0.990.980.960.820.990.770.970.980.770.970.160.860.960.970.90.60.980.840.990.670.950.840.250.97-0.34
0.980.980.950.790.990.780.940.970.750.940.290.890.950.990.910.690.970.860.990.710.920.80.240.94-0.33
0.980.960.950.930.960.70.930.990.620.930.270.80.990.940.80.590.990.760.950.60.990.770.310.99-0.3
0.850.820.790.930.820.590.750.890.430.750.280.590.90.780.570.390.880.580.770.40.950.560.40.91-0.24
0.980.990.990.960.820.790.950.980.790.950.220.850.950.980.890.60.980.860.980.660.930.810.250.96-0.35
0.710.770.780.70.590.790.620.690.90.620.020.620.620.810.720.320.680.80.730.460.640.410.080.64-0.36
0.970.970.940.930.750.950.620.960.671.00.120.860.960.910.90.660.970.790.980.70.920.940.190.95-0.31
1.00.980.970.990.890.980.690.960.640.960.270.840.990.950.850.641.00.780.970.660.980.820.310.99-0.3
0.680.770.750.620.430.790.90.670.640.67-0.110.650.580.760.730.260.650.820.740.510.570.550.00.61-0.36
0.970.970.940.930.750.950.621.00.960.670.120.860.960.910.90.660.970.790.980.70.920.940.190.95-0.31
0.240.160.290.270.280.220.020.120.27-0.110.120.320.260.30.080.390.230.080.20.290.220.060.150.230.19
0.860.860.890.80.590.850.620.860.840.650.860.320.820.850.90.810.840.770.880.950.760.810.060.8-0.11
0.990.960.950.990.90.950.620.960.990.580.960.260.820.920.830.651.00.740.960.640.990.830.320.99-0.28
0.970.970.990.940.780.980.810.910.950.760.910.30.850.920.90.650.950.860.980.660.890.750.280.92-0.35
0.890.90.910.80.570.890.720.90.850.730.90.080.90.830.90.790.870.780.930.760.770.810.150.8-0.28
0.660.60.690.590.390.60.320.660.640.260.660.390.810.650.650.790.640.520.680.730.550.610.150.57-0.12
1.00.980.970.990.880.980.680.971.00.650.970.230.841.00.950.870.640.780.980.660.980.840.30.99-0.31
0.810.840.860.760.580.860.80.790.780.820.790.080.770.740.860.780.520.780.840.650.720.69-0.030.75-0.52
0.990.990.990.950.770.980.730.980.970.740.980.20.880.960.980.930.680.980.840.710.920.870.230.95-0.33
0.680.670.710.60.40.660.460.70.660.510.70.290.950.640.660.760.730.660.650.710.570.71-0.070.610.05
0.970.950.920.990.950.930.640.920.980.570.920.220.760.990.890.770.550.980.720.920.570.780.330.99-0.29
0.840.840.80.770.560.810.410.940.820.550.940.060.810.830.750.810.610.840.690.870.710.78-0.060.83-0.24
0.280.250.240.310.40.250.080.190.310.00.190.150.060.320.280.150.150.3-0.030.23-0.070.33-0.060.33-0.04
0.980.970.940.990.910.960.640.950.990.610.950.230.80.990.920.80.570.990.750.950.610.990.830.33-0.31
-0.31-0.34-0.33-0.3-0.24-0.35-0.36-0.31-0.3-0.36-0.310.19-0.11-0.28-0.35-0.28-0.12-0.31-0.52-0.330.05-0.29-0.24-0.04-0.31
Click cells to compare fundamentals

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 Payable900.7M514.2M526.6M723.7M782.8M11.1M
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
Other Stockholder Equity(9.9M)(28.9M)(324.5M)467.5M467.5M8.9M
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 Liab34.3M588.5M777.8M922.8M546.3M10.2M
Short Term Debt305.4M422.7M451.6M499M508.8M1.6M
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.