JBS Total Assets vs Net Receivables Analysis
JBS Stock | 13.19 0.33 2.44% |
JBS NV financial indicator trend analysis is infinitely more than just investigating JBS NV recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBS NV is a good investment. Please check the relationship between JBS NV Total Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBS NV. 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 labor statistics. For more information on how to buy JBS Stock please use our How to Invest in JBS NV guide.
Total Assets vs Net Receivables
Total Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JBS NV Total Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between JBS NV's Total Assets and Net Receivables is 0.77. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of JBS NV, assuming nothing else is changed. The correlation between historical values of JBS NV's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of JBS NV are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., JBS NV's Total Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of JBS NV assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JBS NV books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Receivables
Most indicators from JBS NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBS NV 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 JBS NV. 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 labor statistics. For more information on how to buy JBS Stock please use our How to Invest in JBS NV guide.Tax Provision is likely to drop to about 2.6 B in 2025. Selling General Administrative is likely to drop to about 13.8 B in 2025
2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 10.1B | 10.4B | 13.5B | 11.9B | Interest Income | 1.4B | 1.6B | 2.8B | 1.8B |
JBS NV fundamental ratios Correlations
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JBS NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for JBS Stock Analysis
When running JBS NV's price analysis, check to measure JBS NV'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 JBS NV is operating at the current time. Most of JBS NV's value examination focuses on studying past and present price action to predict the probability of JBS NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBS NV's price. Additionally, you may evaluate how the addition of JBS NV to your portfolios can decrease your overall portfolio volatility.