Johnson Ptb Ratio vs Days Of Inventory On Hand Analysis

JNJ Stock  USD 151.18  6.59  4.56%   
Johnson Johnson financial indicator trend analysis is infinitely more than just investigating Johnson Johnson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Johnson is a good investment. Please check the relationship between Johnson Johnson Ptb Ratio and its Days Of Inventory On Hand accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.

Ptb Ratio vs Days Of Inventory On Hand

Ptb Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Johnson Ptb Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Johnson Johnson's Ptb Ratio and Days Of Inventory On Hand is 0.47. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Johnson Johnson, assuming nothing else is changed. The correlation between historical values of Johnson Johnson's Ptb Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Johnson Johnson are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Ptb Ratio i.e., Johnson Johnson's Ptb Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Of Inventory On Hand

Most indicators from Johnson Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Johnson 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 Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.At this time, Johnson Johnson's Tax Provision is relatively stable compared to the past year. Issuance Of Capital Stock is expected to hike to about 4.5 B this year, although Enterprise Value Multiple will most likely fall to 10.64.
 2021 2022 2023 2024 (projected)
Gross Profit63.9B63.9B58.4B34.8B
Total Revenue93.8B94.9B85.2B50.1B

Johnson Johnson fundamental ratios Correlations

0.940.80.920.730.860.680.920.60.960.440.390.86-0.610.90.960.2-0.720.960.640.350.770.870.850.130.67
0.940.810.90.560.750.830.830.480.960.40.220.81-0.610.940.89-0.07-0.710.970.480.340.820.840.690.010.65
0.80.810.930.30.560.740.790.290.880.66-0.090.6-0.770.770.83-0.12-0.830.880.180.120.610.740.47-0.20.83
0.920.90.930.530.710.730.90.450.930.610.160.73-0.740.790.960.03-0.830.930.420.40.640.840.66-0.010.86
0.730.560.30.530.920.320.580.50.570.230.780.860.030.510.660.57-0.210.550.950.540.60.790.870.520.28
0.860.750.560.710.920.50.720.560.780.280.570.97-0.20.740.780.41-0.470.770.830.410.790.910.910.240.42
0.680.830.740.730.320.50.51-0.090.780.3-0.010.61-0.390.770.64-0.4-0.460.80.20.250.790.740.280.050.53
0.920.830.790.90.580.720.510.680.870.520.320.68-0.780.760.960.19-0.890.870.530.260.510.710.810.070.77
0.60.480.290.450.50.56-0.090.680.480.240.420.49-0.480.460.570.5-0.540.480.530.20.210.330.79-0.060.33
0.960.960.880.930.570.780.780.870.480.420.140.83-0.660.940.930.03-0.750.990.440.250.830.850.73-0.080.69
0.440.40.660.610.230.280.30.520.240.420.120.23-0.520.230.550.03-0.540.420.20.320.080.420.280.080.71
0.390.22-0.090.160.780.57-0.010.320.420.140.120.460.190.160.30.480.040.170.920.430.160.430.630.850.0
0.860.810.60.730.860.970.610.680.490.830.230.46-0.210.80.780.27-0.450.820.750.40.870.930.840.140.44
-0.61-0.61-0.77-0.740.03-0.2-0.39-0.78-0.48-0.66-0.520.19-0.21-0.56-0.70.160.9-0.670.060.01-0.18-0.3-0.350.32-0.77
0.90.940.770.790.510.740.770.760.460.940.230.160.8-0.560.79-0.07-0.650.960.420.060.890.780.68-0.080.48
0.960.890.830.960.660.780.640.960.570.930.550.30.78-0.70.790.2-0.80.910.550.420.640.830.80.070.8
0.2-0.07-0.120.030.570.41-0.40.190.50.030.030.480.270.16-0.070.20.07-0.030.550.21-0.030.160.540.220.0
-0.72-0.71-0.83-0.83-0.21-0.47-0.46-0.89-0.54-0.75-0.540.04-0.450.9-0.65-0.80.07-0.76-0.16-0.03-0.34-0.52-0.540.26-0.82
0.960.970.880.930.550.770.80.870.480.990.420.170.82-0.670.960.91-0.03-0.760.450.210.830.850.71-0.050.68
0.640.480.180.420.950.830.20.530.530.440.20.920.750.060.420.550.55-0.160.450.50.460.70.830.670.2
0.350.340.120.40.540.410.250.260.20.250.320.430.40.010.060.420.21-0.030.210.50.170.440.370.350.34
0.770.820.610.640.60.790.790.510.210.830.080.160.87-0.180.890.64-0.03-0.340.830.460.170.820.59-0.030.27
0.870.840.740.840.790.910.740.710.330.850.420.430.93-0.30.780.830.16-0.520.850.70.440.820.730.250.61
0.850.690.470.660.870.910.280.810.790.730.280.630.84-0.350.680.80.54-0.540.710.830.370.590.730.240.4
0.130.01-0.2-0.010.520.240.050.07-0.06-0.080.080.850.140.32-0.080.070.220.26-0.050.670.35-0.030.250.24-0.09
0.670.650.830.860.280.420.530.770.330.690.710.00.44-0.770.480.80.0-0.820.680.20.340.270.610.4-0.09
Click cells to compare fundamentals

Johnson Johnson Account Relationship Matchups

Johnson Johnson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets157.7B174.9B182.0B187.4B167.6B175.9B
Short Long Term Debt Total27.7B35.3B33.8B39.7B30.4B32.0B
Other Current Liab26.2B30.4B30.4B31.3B30.2B31.7B
Total Current Liabilities36.0B42.5B45.2B55.8B46.3B48.6B
Total Stockholder Equity59.5B63.3B74.0B76.8B68.8B38.7B
Property Plant And Equipment Net17.7B18.8B19.0B19.8B20.9B11.6B
Net Debt10.4B21.3B19.3B25.5B8.6B9.0B
Retained Earnings110.7B113.9B123.1B128.3B153.8B161.5B
Cash17.3B14.0B14.5B14.1B21.9B23.0B
Non Current Assets Total112.5B123.7B121.0B132.1B114.1B119.8B
Non Currrent Assets Other4.5B5.1B8.3B9.0B8.7B9.1B
Cash And Short Term Investments19.3B25.2B31.6B23.5B22.9B14.3B
Net Receivables14.5B13.6B15.3B16.2B14.9B8.0B
Common Stock Shares Outstanding2.7B2.7B2.7B2.7B2.6B2.2B
Liabilities And Stockholders Equity157.7B174.9B182.0B187.4B167.6B175.9B
Non Current Liabilities Total62.3B69.1B62.8B54.8B52.5B55.1B
Inventory9.0B9.3B10.4B12.5B11.2B11.7B
Other Current Assets3.6B2.5B3.1B3.7B4.5B3.4B
Other Stockholder Equity(38.4B)(38.5B)(39.1B)(41.7B)(75.7B)(71.9B)
Total Liab98.3B111.6B108.0B110.6B98.8B103.7B
Total Current Assets45.3B51.2B61.0B55.3B53.5B31.1B
Short Term Debt1.2B2.6B3.8B12.8B3.5B3.0B
Intangible Assets47.6B53.4B46.4B48.3B34.2B19.0B
Accounts Payable8.5B9.5B11.1B11.7B9.6B5.4B
Short Term Investments2.0B11.2B17.1B9.4B1.1B1.0B
Property Plant And Equipment Gross18.6B18.8B47.7B49.3B47.8B50.2B
Accumulated Other Comprehensive Income(15.9B)(15.2B)(13.1B)(13.0B)(12.5B)(11.9B)
Other Liab35.1B35.4B31.8B26.6B30.6B18.8B
Other Assets11.4B3.9B17.2B17.0B19.6B20.6B
Long Term Debt26.5B32.6B30.0B26.9B25.9B15.4B
Good Will33.6B36.4B35.2B45.2B36.6B21.9B
Treasury Stock(38.4B)(38.5B)(39.1B)(41.7B)(75.7B)(71.9B)
Property Plant Equipment17.7B18.8B19.0B19.8B22.8B15.8B
Current Deferred Revenue1.9B7.6B7.8B3.0B3.4B4.5B
Net Tangible Assets(21.8B)(26.5B)(13.1B)(16.8B)(15.1B)(14.3B)
Retained Earnings Total Equity110.7B113.9B123.1B128.3B147.6B110.0B

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When determining whether Johnson Johnson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Johnson Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Johnson Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Johnson Johnson's industry 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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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
0.106
Dividend Share
4.76
Earnings Share
7.43
Revenue Per Share
34.402
Quarterly Revenue Growth
(0.14)
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.