JMAT Stock | | | 1,336 1.00 0.07% |
Johnson Matthey financial indicator trend analysis is infinitely more than just investigating Johnson Matthey PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Matthey PLC is a good investment. Please check the relationship between Johnson Matthey Depreciation And Amortization and its Discontinued Operations accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Matthey PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Discontinued Operations
Depreciation And Amortization vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Johnson Matthey PLC Depreciation And Amortization account and
Discontinued Operations. At this time, the significance of the direction appears to have no relationship.
The correlation between Johnson Matthey's Depreciation And Amortization and Discontinued Operations is 0.08. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Johnson Matthey PLC, assuming nothing else is changed. The correlation between historical values of Johnson Matthey's Depreciation And Amortization and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Johnson Matthey PLC are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Depreciation And Amortization i.e., Johnson Matthey's Depreciation And Amortization and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Discontinued Operations
Most indicators from Johnson Matthey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Matthey PLC 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 Johnson Matthey PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Johnson Matthey's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 64.9
M in 2024, whereas Discontinued Operations is likely to drop (205.1
M) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 82M | 90M | 132M | 138.6M | Depreciation And Amortization | 177M | 187M | 192M | 100.2M |
Johnson Matthey fundamental ratios Correlations
Click cells to compare fundamentals
Johnson Matthey Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Matthey fundamental ratios Accounts
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