Jowell Other Current Assets vs Total Current Liabilities Analysis
JWEL Stock | USD 3.40 0.01 0.29% |
Jowell Global financial indicator trend analysis is infinitely more than just investigating Jowell Global recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jowell Global is a good investment. Please check the relationship between Jowell Global Other Current Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jowell Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jowell Global Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jowell Global's Other Current Assets and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jowell Global, assuming nothing else is changed. The correlation between historical values of Jowell Global's Other Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Jowell Global are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Jowell Global's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Total Current Liabilities
Total Current Liabilities is an item on Jowell Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jowell Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Jowell Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jowell Global 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 Jowell Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.At this time, Jowell Global's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 3.5 M this year, although Enterprise Value Over EBITDA is projected to rise to (0.57).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.7M | 6.2M | 3.3M | 5.5M | Total Revenue | 170.9M | 210.0M | 160.0M | 132.7M |
Jowell Global fundamental ratios Correlations
Click cells to compare fundamentals
Jowell Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jowell Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.3M | 33.9M | 58.7M | 71.2M | 35.3M | 39.9M | |
Other Current Liab | 4.0M | 2.6M | 2.6M | 2.5M | 1.4M | 1.9M | |
Total Current Liabilities | 6.9M | 12.2M | 15.1M | 31.6M | 9.1M | 14.6M | |
Total Stockholder Equity | 4.4M | 18.7M | 39.7M | 37.4M | 25.2M | 23.4M | |
Net Tangible Assets | 4.3M | 18.7M | 39.3M | 36.6M | 42.1M | 22.3M | |
Property Plant And Equipment Net | 15.3K | 3.7M | 5.8M | 4.4M | 2.7M | 3.0M | |
Current Deferred Revenue | 2.0M | 1.7M | 2.2M | 18.5M | 2.4M | 2.2M | |
Net Debt | (11.5K) | (14.6M) | (13.3M) | (11.0M) | 1.1M | 1.2M | |
Retained Earnings | 160.9K | 3.4M | (3.0M) | (14.6M) | (26.0M) | (24.7M) | |
Accounts Payable | 2.9M | 6.3M | 7.4M | 8.1M | 4.0M | 5.6M | |
Cash | 11.5K | 18.2M | 21.2M | 16.7M | 1.3M | 1.2M | |
Non Current Assets Total | 69.1K | 4.3M | 12.4M | 11.3M | 8.6M | 6.7M | |
Non Currrent Assets Other | (69.1K) | (3.2M) | 1.1M | 919.7K | 895.8K | 940.6K | |
Cash And Short Term Investments | 11.5K | 18.2M | 21.2M | 16.7M | 1.3M | 1.2M | |
Net Receivables | 1.0 | 988.8K | 5.4M | 6.5M | 2.4M | 3.7M | |
Common Stock Shares Outstanding | 25.4M | 24.9M | 24.6M | 29.6M | 2.1M | 2.0M | |
Liabilities And Stockholders Equity | 11.3M | 33.9M | 58.7M | 71.2M | 35.3M | 39.9M | |
Non Current Liabilities Total | 4.9M | 3.0M | 4.0M | 2.1M | 1.0M | 2.0M | |
Inventory | 10.7M | 10.1M | 17.5M | 35.0M | 21.6M | 17.9M | |
Other Current Assets | 488.5K | 674.6K | 5.1M | 4.7M | 2.8M | 2.5M | |
Other Stockholder Equity | 4.1M | 14.2M | 40.8M | 52.6M | 52.7M | 30.5M | |
Total Liab | 6.9M | 15.1M | 19.0M | 33.7M | 10.1M | 16.5M | |
Net Invested Capital | 4.4M | 19.3M | 42.4M | 39.9M | 25.6M | 24.6M | |
Property Plant And Equipment Gross | 15.3K | 3.7M | 6.0M | 4.7M | 3.1M | 3.2M | |
Total Current Assets | 11.2M | 29.6M | 46.3M | 59.9M | 26.7M | 33.2M | |
Accumulated Other Comprehensive Income | 135.3K | 1.2M | 1.9M | (556.2K) | (1.4M) | (1.4M) | |
Net Working Capital | 4.3M | 17.9M | 31.3M | 28.3M | 17.6M | 18.6M | |
Short Term Debt | 2.0M | 721.0K | 4.0M | 3.6M | 1.4M | 2.2M | |
Intangible Assets | 53.8K | 34.9K | 386.5K | 855.1K | 634.7K | 366.0K | |
Property Plant Equipment | 15.3K | 3.7M | 5.8M | 4.4M | 5.1M | 3.1M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jowell Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Jowell Stock please use our How to buy in Jowell Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Other Specialty 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 Jowell Global. If investors know Jowell 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 Jowell Global 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 2.877 | Earnings Share (5.38) | Revenue Per Share 74.741 | Quarterly Revenue Growth (0.31) | Return On Assets (0.13) |
The market value of Jowell Global is measured differently than its book value, which is the value of Jowell that is recorded on the company's balance sheet. Investors also form their own opinion of Jowell Global's value that differs from its market value or its book value, called intrinsic value, which is Jowell Global'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 Jowell Global's market value can be influenced by many factors that don't directly affect Jowell Global'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 Jowell Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jowell Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jowell Global'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.