Jumia Net Tangible Assets vs Non Current Assets Total Analysis
JMIA Stock | USD 3.90 0.08 2.01% |
Jumia Technologies financial indicator trend analysis is infinitely more than just investigating Jumia Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jumia Technologies is a good investment. Please check the relationship between Jumia Technologies Net Tangible Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Net Tangible Assets vs Non Current Assets Total
Net Tangible Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jumia Technologies Net Tangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jumia Technologies' Net Tangible Assets and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jumia Technologies AG, assuming nothing else is changed. The correlation between historical values of Jumia Technologies' Net Tangible Assets and Non Current Assets Total 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 Jumia Technologies AG are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Tangible Assets i.e., Jumia Technologies' Net Tangible Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Jumia Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jumia Technologies 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 Jumia Technologies AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. The current year's Selling General Administrative is expected to grow to about 152.4 M, whereas Tax Provision is forecasted to decline to about 628 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 10.3M | 18.9M | 2.8M | 2.7M | Depreciation And Amortization | 9.7M | 11.5M | 9.8M | 9.5M |
Jumia Technologies fundamental ratios Correlations
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Jumia Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jumia Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 377.7M | 536.9M | 577.7M | 330.1M | 189.9M | 362.5M | |
Short Long Term Debt Total | 11.7M | 16.5M | 12.5M | 13.8M | 6.1M | 11.6M | |
Other Current Liab | 52.8M | 82.6M | 94.6M | 33.2M | 31.3M | 54.4M | |
Total Current Liabilities | 136.1M | 184.9M | 154.2M | 144.4M | 117.5M | 154.2M | |
Total Stockholder Equity | 232.7M | 338.6M | 413.0M | 175.2M | 69.2M | 65.8M | |
Other Liab | 1.4M | 1.2M | 2.3M | 2.2M | 2.6M | 1.4M | |
Net Tangible Assets | 183.0M | 224.1M | 412.7M | 175.0M | 201.3M | 192.0M | |
Property Plant And Equipment Net | 22.2M | 25.0M | 21.8M | 28.5M | 14.4M | 19.4M | |
Current Deferred Revenue | 7.6M | 6.4M | 6.0M | 4.0M | 3.1M | 4.7M | |
Net Debt | (204.4M) | (443.4M) | (104.6M) | (58.3M) | (29.4M) | (30.9M) | |
Retained Earnings | (1.4B) | (1.9B) | (1.7B) | (2.0B) | (2.1B) | (2.2B) | |
Accounts Payable | 71.7M | 20.4M | 17.7M | 64.2M | 55.4M | 41.5M | |
Cash | 216.1M | 459.9M | 117.1M | 72.1M | 35.5M | 33.7M | |
Non Current Assets Total | 24.3M | 27.9M | 25.1M | 32.6M | 20.9M | 23.1M | |
Non Currrent Assets Other | 1.9M | 2.1M | 2.3M | 3.0M | 6.0M | 6.3M | |
Long Term Debt | 6.1M | 8.0M | 8.6M | 8.7M | 2.4M | 2.2M | |
Cash And Short Term Investments | 295.4M | 461.4M | 512.8M | 227.8M | 120.6M | 114.5M | |
Net Receivables | 29.3M | 8.9M | 22.1M | 19.1M | 18.0M | 17.5M | |
Common Stock Shares Outstanding | 70.3M | 80.3M | 96.9M | 100.2M | 100.9M | 94.5M | |
Short Term Investments | 79.3M | 1.5M | 395.7M | 155.7M | 85.1M | 112.7M | |
Liabilities And Stockholders Equity | 377.7M | 536.9M | 577.7M | 330.1M | 189.9M | 362.5M | |
Non Current Liabilities Total | 9.6M | 13.9M | 11.0M | 11.0M | 3.7M | 3.5M | |
Inventory | 12.7M | 10.1M | 10.9M | 11.4M | 9.7M | 9.3M | |
Other Current Assets | 16.0M | 21.6M | 7.2M | 34.6M | 20.7M | 18.5M | |
Other Stockholder Equity | 1.2B | 1.3B | 1.5B | 1.7B | 2.0B | 1.6B | |
Total Liab | 145.7M | 198.7M | 165.1M | 155.4M | 121.2M | 161.9M | |
Net Invested Capital | 192.3M | 224.5M | 425.6M | 189.0M | 75.3M | 71.5M | |
Property Plant And Equipment Gross | 17.4M | 16.6M | 48.4M | 59.6M | 46.9M | 31.0M | |
Short Long Term Debt | 3.1M | 3.0M | 3.9M | 5.1M | 3.7M | 3.3M | |
Total Current Assets | 353.4M | 509.0M | 552.6M | 297.4M | 169.0M | 160.6M | |
Accumulated Other Comprehensive Income | 132.3M | 163.8M | 164.6M | 163.2M | 160.7M | 148.8M | |
Net Working Capital | 171.0M | 214.9M | 398.4M | 153.0M | 51.5M | 48.9M | |
Short Term Debt | 3.9M | 8.1M | 3.9M | 5.1M | 3.7M | 4.4M | |
Intangible Assets | 180K | 53.3K | 664.7K | 327K | 376.1K | 373.1K | |
Common Stock | 199.3M | 270.4M | 234.2M | 235.7M | 236.8M | 184.9M |
Also Currently Popular
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.When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Broadline Retail 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 Jumia Technologies. If investors know Jumia 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 Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 1.847 | Quarterly Revenue Growth (0.13) | Return On Assets (0.15) | Return On Equity (1.02) |
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' 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 Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' 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 Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' 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.