Jupiter Long Term Debt vs Other Assets Analysis

JUP Stock   83.50  0.60  0.71%   
Jupiter Fund financial indicator trend analysis is infinitely more than just investigating Jupiter Fund Management recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Fund Management is a good investment. Please check the relationship between Jupiter Fund Long Term Debt and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Fund Management. 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.

Long Term Debt vs Other Assets

Long Term Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Fund Management Long Term Debt account and Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jupiter Fund's Long Term Debt and Other Assets is -0.11. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Jupiter Fund Management, assuming nothing else is changed. The correlation between historical values of Jupiter Fund's Long Term Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Jupiter Fund Management are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Debt i.e., Jupiter Fund's Long Term Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Jupiter Fund Management has held for over one year. Long-term debt appears on Jupiter Fund Management balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Jupiter Fund Management balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Other Assets

Most indicators from Jupiter Fund's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Fund Management 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 Jupiter Fund Management. 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.
The current year's Tax Provision is expected to grow to about 23.1 M, whereas Selling General Administrative is forecasted to decline to about 220.2 M.
 2021 2022 2024 (projected)
Interest Expense6.8M6.3M8.5M
Depreciation And Amortization26.2M26.8M19.3M

Jupiter Fund fundamental ratios Correlations

0.260.870.90.64-0.10.830.130.44-0.460.250.82-0.60.29-0.040.650.820.950.120.530.670.010.440.530.450.86
0.260.180.07-0.570.750.040.91-0.66-0.41-0.320.650.270.120.91-0.36-0.140.110.91-0.65-0.250.960.750.140.950.08
0.870.180.920.57-0.270.750.020.39-0.660.280.56-0.510.25-0.030.780.790.720.120.490.81-0.020.150.440.380.73
0.90.070.920.68-0.320.81-0.050.45-0.320.250.57-0.480.36-0.190.810.90.78-0.030.60.87-0.140.160.580.280.79
0.64-0.570.570.68-0.680.66-0.610.92-0.070.450.2-0.710.12-0.760.830.790.73-0.650.970.75-0.76-0.190.32-0.390.66
-0.10.75-0.27-0.32-0.68-0.310.8-0.71-0.05-0.480.410.47-0.010.74-0.73-0.43-0.10.72-0.7-0.610.80.62-0.050.66-0.24
0.830.040.750.810.66-0.31-0.050.51-0.30.210.57-0.590.36-0.270.70.750.76-0.120.60.75-0.170.180.520.190.95
0.130.910.02-0.05-0.610.8-0.05-0.69-0.25-0.650.580.32-0.090.85-0.55-0.170.010.81-0.73-0.270.890.780.010.88-0.07
0.44-0.660.390.450.92-0.710.51-0.69-0.050.430.01-0.74-0.09-0.790.710.590.56-0.70.930.62-0.82-0.25-0.02-0.520.53
-0.46-0.41-0.66-0.32-0.07-0.05-0.3-0.25-0.05-0.16-0.40.380.1-0.37-0.28-0.21-0.32-0.450.0-0.25-0.31-0.190.01-0.49-0.28
0.25-0.320.280.250.45-0.480.21-0.650.43-0.16-0.09-0.430.32-0.290.630.180.27-0.190.540.13-0.34-0.390.16-0.250.31
0.820.650.560.570.20.410.570.580.01-0.4-0.09-0.280.230.350.130.490.80.460.060.220.440.770.460.750.63
-0.60.27-0.51-0.48-0.710.47-0.590.32-0.740.38-0.43-0.280.310.32-0.62-0.62-0.630.21-0.66-0.490.410.030.030.07-0.51
0.290.120.250.360.12-0.010.36-0.09-0.090.10.320.230.31-0.110.30.20.24-0.030.170.160.070.050.790.080.51
-0.040.91-0.03-0.19-0.760.74-0.270.85-0.79-0.37-0.290.350.32-0.11-0.51-0.39-0.20.97-0.81-0.460.970.57-0.140.86-0.26
0.65-0.360.780.810.83-0.730.7-0.550.71-0.280.630.13-0.620.3-0.510.750.59-0.380.830.85-0.52-0.290.38-0.180.69
0.82-0.140.790.90.79-0.430.75-0.170.59-0.210.180.49-0.620.2-0.390.750.77-0.260.670.83-0.350.050.540.070.7
0.950.110.720.780.73-0.10.760.010.56-0.320.270.8-0.630.24-0.20.590.77-0.040.630.56-0.150.410.490.280.82
0.120.910.12-0.03-0.650.72-0.120.81-0.7-0.45-0.190.460.21-0.030.97-0.38-0.26-0.04-0.68-0.350.950.57-0.050.91-0.1
0.53-0.650.490.60.97-0.70.6-0.730.930.00.540.06-0.660.17-0.810.830.670.63-0.680.69-0.81-0.290.25-0.490.63
0.67-0.250.810.870.75-0.610.75-0.270.62-0.250.130.22-0.490.16-0.460.850.830.56-0.350.69-0.44-0.10.38-0.070.67
0.010.96-0.02-0.14-0.760.8-0.170.89-0.82-0.31-0.340.440.410.070.97-0.52-0.35-0.150.95-0.81-0.440.630.010.89-0.14
0.440.750.150.16-0.190.620.180.78-0.25-0.19-0.390.770.030.050.57-0.290.050.410.57-0.29-0.10.630.070.760.28
0.530.140.440.580.32-0.050.520.01-0.020.010.160.460.030.79-0.140.380.540.49-0.050.250.380.010.070.170.55
0.450.950.380.28-0.390.660.190.88-0.52-0.49-0.250.750.070.080.86-0.180.070.280.91-0.49-0.070.890.760.170.21
0.860.080.730.790.66-0.240.95-0.070.53-0.280.310.63-0.510.51-0.260.690.70.82-0.10.630.67-0.140.280.550.21
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Jupiter Fund Account Relationship Matchups

Jupiter Fund fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets928.7M1.3B1.3B1.2B1.2B1.0B
Other Current Liab158.6M227.4M213.3M172M208M142.1M
Total Current Liabilities239.8M310.6M278M254.4M306.4M235.0M
Total Stockholder Equity611.7M886.3M900.8M843.3M789.5M583.6M
Other Liab15.6M23.7M49.6M61.5M55.4M67.2M
Property Plant And Equipment Net51.7M47.4M44.1M40.9M37.5M39.4M
Net Debt(121.9M)(84.7M)(96.9M)(184.5M)(174.4M)(165.7M)
Retained Earnings592.7M622.5M881.8M821M527M503.3M
Accounts Payable69.7M53.7M38.4M62.7M81.6M75.0M
Cash179.4M188.1M197.3M280.3M268.2M234.0M
Non Current Assets Total398.7M688.8M666.8M646.7M567.7M546.7M
Non Currrent Assets Other(386.5M)(639.4M)(659.6M)(641.2M)(56.5M)(59.3M)
Other Assets17.2M20.5M28.1M19.8M1.2B1.3B
Cash And Short Term Investments375.1M400.4M383.9M396.9M445.9M342.2M
Net Receivables101.2M175.9M136.9M115.1M127.5M102.5M
Common Stock Shares Outstanding457.5M505.5M555.4M538.9M519.3M459.0M
Short Term Investments195.7M212.3M186.6M116.6M177.7M108.2M
Liabilities And Stockholders Equity928.7M1.3B1.3B1.2B1.2B1.0B
Non Current Liabilities Total77.2M49.2M49.3M49.5M111.7M149.7M
Other Current Assets36.5M60.2M125M63.5M66.5M53.2M
Total Liab317M459.7M439.9M398.1M418.1M335.0M
Property Plant And Equipment Gross51.7M47.4M69.8M61.9M61.7M64.8M
Total Current Assets512.8M636.5M645.8M575.5M639.9M487.2M
Short Term Debt3M3.1M3.4M3.2M4.3M4.1M
Intangible Assets347M641.4M622.7M605.8M17.5M16.6M
Property Plant Equipment51.7M47.4M44.1M40.9M47.0M49.4M
Net Tangible Assets264.7M244.9M278.1M237.5M273.1M274.8M
Deferred Long Term Liab700K300K200K100K90K85.5K
Current Deferred Revenue1M800K600K300K224.8M236.0M
Net Invested Capital611.7M935.5M950.1M892.8M839.2M863.3M
Net Working Capital273M325.9M367.8M321.1M333.5M341.3M

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Other Information on Investing in Jupiter Stock

Balance Sheet is a snapshot of the financial position of Jupiter Fund Management at a specified time, usually calculated after every quarter, six months, or one year. Jupiter Fund Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jupiter Fund 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 Jupiter currently owns. An asset can also be divided into two categories, current and non-current.