Jeld Accounts Payable vs Non Current Assets Total Analysis

JELD Stock  USD 10.75  0.26  2.48%   
Jeld Wen financial indicator trend analysis is infinitely more than just investigating Jeld Wen Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jeld Wen Holding is a good investment. Please check the relationship between Jeld Wen Accounts Payable and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeld Wen Holding. 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.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jeld Wen Holding Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jeld Wen's Accounts Payable and Non Current Assets Total is 0.64. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jeld Wen Holding, assuming nothing else is changed. The correlation between historical values of Jeld Wen's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jeld Wen Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Jeld Wen's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Jeld Wen obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jeld Wen Holding are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Jeld Wen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jeld Wen Holding 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 Jeld Wen Holding. 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.
At present, Jeld Wen's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 3.8 M, whereas Discontinued Operations is forecasted to decline to (4 M).
 2022 2023 2024 (projected)
Interest Expense82.1M72.3M81.4M
Depreciation And Amortization131.8M140.2M132.1M

Jeld Wen fundamental ratios Correlations

0.430.550.150.34-0.030.170.390.30.220.560.560.350.280.520.150.260.580.280.430.260.420.130.560.310.33
0.430.920.680.970.590.470.90.90.580.770.870.870.810.82-0.160.610.860.810.910.460.860.190.90.880.45
0.550.920.550.850.230.350.790.770.650.940.890.770.670.890.130.570.980.670.860.390.730.141.00.80.39
0.150.680.550.690.540.280.370.790.550.410.410.360.590.53-0.310.080.490.590.440.450.46-0.150.530.640.22
0.340.970.850.690.660.470.890.930.540.690.750.90.790.72-0.280.670.760.790.870.410.80.070.820.910.36
-0.030.590.230.540.660.320.60.650.110.010.340.570.60.16-0.740.260.110.60.50.320.690.250.190.580.38
0.170.470.350.280.470.320.450.480.040.10.330.420.740.45-0.040.620.330.740.20.520.24-0.170.390.16-0.18
0.390.90.790.370.890.60.450.720.480.680.80.980.660.67-0.20.790.740.660.940.320.870.350.770.860.49
0.30.90.770.790.930.650.480.720.410.60.660.760.760.72-0.320.50.660.760.70.550.7-0.090.740.780.36
0.220.580.650.550.540.110.040.480.410.660.390.460.320.430.030.30.670.320.590.040.360.290.650.720.18
0.560.770.940.410.690.010.10.680.60.660.810.690.370.840.260.490.960.370.810.270.620.140.940.740.47
0.560.870.890.410.750.340.330.80.660.390.810.720.640.890.150.450.880.640.860.490.870.330.890.650.6
0.350.870.770.360.90.570.420.980.760.460.690.720.590.64-0.230.840.710.590.90.310.80.230.750.870.47
0.280.810.670.590.790.60.740.660.760.320.370.640.590.59-0.20.480.591.00.570.470.620.080.660.540.02
0.520.820.890.530.720.160.450.670.720.430.840.890.640.590.340.480.890.590.720.560.640.010.90.580.44
0.15-0.160.13-0.31-0.28-0.74-0.04-0.2-0.320.030.260.15-0.23-0.20.34-0.010.23-0.2-0.09-0.08-0.32-0.150.18-0.32-0.23
0.260.610.570.080.670.260.620.790.50.30.490.450.840.480.48-0.010.540.480.60.240.41-0.070.570.580.04
0.580.860.980.490.760.110.330.740.660.670.960.880.710.590.890.230.540.590.820.370.680.170.990.730.39
0.280.810.670.590.790.60.740.660.760.320.370.640.591.00.59-0.20.480.590.570.470.620.080.660.540.02
0.430.910.860.440.870.50.20.940.70.590.810.860.90.570.72-0.090.60.820.570.190.880.40.840.910.56
0.260.460.390.450.410.320.520.320.550.040.270.490.310.470.56-0.080.240.370.470.190.44-0.20.410.210.38
0.420.860.730.460.80.690.240.870.70.360.620.870.80.620.64-0.320.410.680.620.880.440.490.70.770.75
0.130.190.14-0.150.070.25-0.170.35-0.090.290.140.330.230.080.01-0.15-0.070.170.080.4-0.20.490.140.20.52
0.560.91.00.530.820.190.390.770.740.650.940.890.750.660.90.180.570.990.660.840.410.70.140.760.38
0.310.880.80.640.910.580.160.860.780.720.740.650.870.540.58-0.320.580.730.540.910.210.770.20.760.46
0.330.450.390.220.360.38-0.180.490.360.180.470.60.470.020.44-0.230.040.390.020.560.380.750.520.380.46
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Jeld Wen Account Relationship Matchups

Jeld Wen fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding101.5M101.7M98.4M87.1M85.9M103.1M
Total Assets3.4B4.0B3.7B3.5B3.0B3.3B
Short Long Term Debt Total1.7B2.0B1.9B1.9B1.4B1.7B
Other Current Liab354.7M404.4M319.3M382.6M290.5M363.8M
Total Current Liabilities768.8M867.6M888.9M786.6M678.9M744.0M
Total Stockholder Equity812.1M1.0B842.2M723.5M850.6M740.6M
Other Liab184.9M324.6M301.3M142.1M163.4M241.3M
Net Tangible Assets(40.7M)118.5M842.2M70.9M81.6M85.7M
Property Plant And Equipment Net1.1B1.1B1.0B930.4M791.2M952.2M
Current Deferred Revenue8.0M13.5M13.9M24.8M7.2M13.0M
Net Debt1.5B1.3B1.5B1.7B1.1B1.4B
Retained Earnings290.6M371.5M215.6M130.5M192.9M163.8M
Accounts Payable295M269.9M418.8M287.0M269.3M284.8M
Cash226M735.8M395.6M219.4M288.3M277.7M
Non Current Assets Total2.1B2.2B2.0B1.8B1.5B2.0B
Non Currrent Assets Other18.0M31.6M26.6M27.6M30.1M28.6M
Other Assets218.8M445.5M2.0B222.8M256.2M458.3M
Long Term Debt1.5B1.7B1.7B1.7B1.2B1.5B
Cash And Short Term Investments226M735.8M395.6M219.4M288.3M277.7M
Net Receivables478.8M477.5M552.0M544.5M516.7M504.7M
Good Will602.5M639.9M545.2M460.5M390.2M417.4M
Common Stock Total Equity1.0M1.0M902K843K969.5K781K
Liabilities And Stockholders Equity3.4B4.0B3.7B3.5B3.0B3.3B
Non Current Liabilities Total1.8B2.1B2.0B2.0B1.5B1.8B
Inventory505.1M512.2M616M666.5M481.5M521.1M
Other Current Assets738.2M35.1M176.2M390.7M207.9M332.4M
Other Stockholder Equity671.8M690.7M719.5M734.9M752.2M553.5M
Total Liab2.6B3.0B2.9B2.8B2.1B2.8B
Deferred Long Term Liab8.7M98.7M112.1M106.6M122.6M128.7M
Property Plant And Equipment Gross1.1B1.1B2.3B2.3B2.1B1.4B
Short Long Term Debt65.8M66.7M38.6M34.4M36.2M39.3M
Total Current Assets1.2B1.8B1.7B1.7B1.5B1.3B
Accumulated Other Comprehensive Income(151.3M)(58.7M)(93.7M)(142.6M)(95.3M)(100.1M)
Short Term Debt111.1M111.0M82.4M65.2M68.7M61.2M
Intangible Assets250.3M246.1M222.2M192.1M123.9M183.8M
Common Stock1.0M1.0M902K843K853K796.7K
Property Plant Equipment1.1B1.1B1.0B930.4M1.1B961.3M
Long Term Debt Total1.5B1.7B1.7B1.7B2.0B1.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Jeld Wen Holding is a strong investment it is important to analyze Jeld Wen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jeld Wen's future performance. For an informed investment choice regarding Jeld Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeld Wen Holding. 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.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Building Products 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 Jeld Wen. If investors know Jeld 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 Jeld Wen 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
(0.15)
Earnings Share
(1.67)
Revenue Per Share
45.815
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0118
The market value of Jeld Wen Holding is measured differently than its book value, which is the value of Jeld that is recorded on the company's balance sheet. Investors also form their own opinion of Jeld Wen's value that differs from its market value or its book value, called intrinsic value, which is Jeld Wen'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 Jeld Wen's market value can be influenced by many factors that don't directly affect Jeld Wen'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 Jeld Wen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jeld Wen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jeld Wen'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.