MAYS Stock | | | USD 42.18 0.00 0.00% |
J W financial indicator trend analysis is infinitely more than just investigating J W Mays recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J W Mays is a good investment. Please check the relationship between J W Depreciation And Amortization and its Net Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Depreciation And Amortization vs Net Income
Depreciation And Amortization vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
J W Mays Depreciation And Amortization account and
Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between J W's Depreciation And Amortization and Net Income is -0.48. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of J W Mays, assuming nothing else is changed. The correlation between historical values of J W's Depreciation And Amortization and Net Income 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 J W Mays are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., J W's Depreciation And Amortization and Net Income go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in J W Mays financial statement analysis. It represents the amount of money remaining after all of J W Mays operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from J W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J W Mays 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
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, J W's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 91.84 in 2024, despite the fact that
Tax Provision is likely to grow to (130.2
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 252.0K | 230.8K | 136.3K | 129.5K | Depreciation And Amortization | 22.1M | 22.4M | 1.7M | 1.6M |
J W fundamental ratios Correlations
Click cells to compare fundamentals
J W Account Relationship Matchups
High Positive Relationship
High Negative Relationship
J W fundamental ratios Accounts
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Additional Tools for MAYS Stock Analysis
When running J W's price analysis, check to
measure J W's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy J W is operating at the current time. Most of J W's value examination focuses on studying past and present price action to
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