JJSF Net Tangible Assets vs Good Will Analysis
JJSF Stock | USD 173.79 2.32 1.35% |
J J financial indicator trend analysis is infinitely more than just investigating J J Snack recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J J Snack is a good investment. Please check the relationship between J J Net Tangible Assets and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J J Snack. 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.
Net Tangible Assets vs Good Will
Net Tangible Assets vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J J Snack Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between J J's Net Tangible Assets and Good Will is 0.16. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of J J Snack, assuming nothing else is changed. The correlation between historical values of J J's Net Tangible Assets and Good Will 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 Tangible Assets of J J Snack are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., J J's Net Tangible Assets and Good Will go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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.Most indicators from J J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J J Snack 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 J J Snack. 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. At this time, J J's Enterprise Value Multiple is most likely to increase in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.0M | 4.7M | 1.8M | 1.2M | Depreciation And Amortization | 53.1M | 63.1M | 70.6M | 74.1M |
J J fundamental ratios Correlations
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J J Account Relationship Matchups
High Positive Relationship
High Negative Relationship
J J fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | |
Short Long Term Debt Total | 61.6M | 60.5M | 111.6M | 121.9M | 160.5M | 168.5M | |
Other Current Liab | 33.9M | 43.7M | 46.4M | 67.5M | 65.5M | 68.8M | |
Total Current Liabilities | 134.1M | 167.6M | 181.8M | 174.9M | 174.1M | 182.8M | |
Total Stockholder Equity | 809.5M | 845.7M | 863.2M | 911.5M | 957.0M | 1.0B | |
Property Plant And Equipment Net | 319.7M | 321.7M | 386.5M | 474.8M | 543.6M | 570.7M | |
Net Debt | (134.2M) | (222.7M) | 76.4M | 72.3M | 87.1M | 91.5M | |
Retained Earnings | 775.8M | 785.4M | 782.9M | 807.1M | 835.8M | 877.5M | |
Cash | 195.8M | 283.2M | 35.2M | 49.6M | 73.4M | 60.0M | |
Non Current Assets Total | 557.0M | 537.5M | 772.3M | 847.0M | 914.7M | 960.4M | |
Non Currrent Assets Other | (26.5M) | (59.6M) | (24.0M) | 3.7M | 3.8M | 4.0M | |
Cash And Short Term Investments | 247.0M | 291.2M | 39.2M | 49.6M | 73.4M | 72.3M | |
Net Receivables | 126.6M | 162.9M | 208.2M | 198.1M | 189.2M | 198.7M | |
Common Stock Shares Outstanding | 19.0M | 19.1M | 19.2M | 19.3M | 19.4M | 20.3M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B | 1.4B | |
Non Current Liabilities Total | 112.9M | 108.9M | 172.0M | 190.8M | 234.1M | 245.8M | |
Inventory | 108.9M | 123.2M | 180.5M | 171.5M | 173.1M | 181.8M | |
Other Current Assets | 34.2M | 15.0M | 33.6M | 11.0M | 14.6M | 13.6M | |
Other Stockholder Equity | 413K | (13.4M) | (13.7M) | (1.0) | (1.15) | (1.09) | |
Total Liab | 247.1M | 276.6M | 353.8M | 365.7M | 408.1M | 428.5M | |
Property Plant And Equipment Gross | 319.7M | 267.2M | 335.4M | 1.0B | 1.2B | 1.3B | |
Total Current Assets | 499.6M | 584.8M | 444.6M | 430.2M | 450.4M | 472.9M | |
Accumulated Other Comprehensive Income | (15.6M) | (13.4M) | (13.7M) | (10.2M) | (15.3M) | (16.1M) | |
Short Term Debt | 27.0M | 27.2M | 27.3M | 16.7M | 19.3M | 20.3M | |
Intangible Assets | 80.4M | 77.8M | 191.7M | 183.5M | 182.3M | 191.4M | |
Accounts Payable | 73.1M | 96.8M | 108.1M | 90.8M | 89.3M | 50.1M | |
Good Will | 123.0M | 121.8M | 184.4M | 185.1M | 212.8M | 223.5M | |
Common Stock Total Equity | 45.7M | 49.3M | 73.6M | 94.0M | 108.1M | 113.5M | |
Common Stock | 49.3M | 73.6M | 94.0M | 114.6M | 136.5M | 143.3M | |
Other Liab | 63.6M | 64.9M | 62.0M | 74.0M | 85.2M | 89.4M | |
Other Assets | 2.8M | 2.9M | 2.0M | 4.0M | 4.6M | 2.9M | |
Property Plant Equipment | 253.4M | 261.6M | 321.7M | 386.5M | 444.5M | 466.7M | |
Current Deferred Revenue | 1.3M | 1.1M | 10K | (24.7M) | (22.2M) | (21.1M) | |
Net Tangible Assets | 676.3M | 857.6M | 646.0M | 487.0M | 560.1M | 642.5M | |
Capital Lease Obligations | 61.6M | 60.5M | 56.6M | 94.9M | 109.1M | 114.6M |
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When determining whether J J Snack is a strong investment it is important to analyze J J's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact J J's future performance. For an informed investment choice regarding JJSF Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J J Snack. 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Packaged Foods & Meats 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 J J. If investors know JJSF 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 J J 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 (0.03) | Earnings Share 4.45 | Revenue Per Share 81.219 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0556 |
The market value of J J Snack is measured differently than its book value, which is the value of JJSF that is recorded on the company's balance sheet. Investors also form their own opinion of J J's value that differs from its market value or its book value, called intrinsic value, which is J J'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 J J's market value can be influenced by many factors that don't directly affect J J'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 J J's value and its price as these two are different measures arrived at by different means. Investors typically determine if J J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J J'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.