Janus Net Tangible Assets vs Net Receivables Analysis

JHG Stock  USD 45.28  0.01  0.02%   
Janus Henderson financial indicator trend analysis is infinitely more than just investigating Janus Henderson Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janus Henderson Group is a good investment. Please check the relationship between Janus Henderson Net Tangible 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 Janus Henderson Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus Henderson Group Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Janus Henderson's Net Tangible Assets and Net Receivables is 0.22. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Janus Henderson Group, assuming nothing else is changed. The correlation between historical values of Janus Henderson's Net Tangible 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 Net Tangible Assets of Janus Henderson Group 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 Net Tangible Assets i.e., Janus Henderson's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from Janus Henderson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janus Henderson Group 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 Janus Henderson Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, Janus Henderson's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Janus Henderson's current Enterprise Value is estimated to increase to about 2.7 B, while Enterprise Value Over EBITDA is projected to decrease to 7.00.
 2021 2022 2023 2024 (projected)
EBITDA983.5M557.3M550M422.7M
Depreciation And Amortization1.8B1.7B22.9M21.8M

Janus Henderson fundamental ratios Correlations

-0.17-0.63-0.160.27-0.36-0.33-0.19-0.030.290.89-0.75-0.49-0.85-0.35-0.360.18-0.320.170.99-0.28-0.2-0.27-0.490.55
-0.170.510.560.21-0.190.55-0.350.31-0.24-0.040.640.640.50.460.380.110.53-0.4-0.220.57-0.14-0.140.38-0.32
-0.630.510.26-0.050.040.30.120.21-0.26-0.450.730.560.760.250.29-0.110.28-0.1-0.640.390.070.20.47-0.44
-0.160.560.260.730.230.96-0.70.81-0.770.150.530.910.50.690.82-0.450.93-0.75-0.150.880.32-0.340.670.16
0.270.21-0.050.730.20.63-0.680.76-0.610.540.110.510.030.330.44-0.040.58-0.490.30.590.45-0.490.380.52
-0.36-0.190.040.230.20.25-0.250.51-0.52-0.340.220.260.360.570.41-0.070.120.12-0.380.460.860.270.650.44
-0.330.550.30.960.630.25-0.630.71-0.71-0.030.60.890.560.70.78-0.440.98-0.83-0.30.830.28-0.290.670.0
-0.19-0.350.12-0.7-0.68-0.25-0.63-0.690.59-0.31-0.13-0.48-0.07-0.61-0.630.2-0.540.39-0.17-0.69-0.410.68-0.51-0.39
-0.030.310.210.810.760.510.71-0.69-0.760.240.260.720.370.620.62-0.30.62-0.4-0.030.810.68-0.30.640.53
0.29-0.24-0.26-0.77-0.61-0.52-0.710.59-0.76-0.02-0.5-0.74-0.53-0.65-0.850.44-0.610.30.25-0.86-0.660.26-0.84-0.38
0.89-0.04-0.450.150.54-0.34-0.03-0.310.24-0.02-0.53-0.16-0.62-0.32-0.12-0.01-0.02-0.060.91-0.02-0.04-0.38-0.280.61
-0.750.640.730.530.110.220.6-0.130.26-0.5-0.530.760.860.480.55-0.070.58-0.38-0.740.580.150.180.62-0.47
-0.490.640.560.910.510.260.89-0.480.72-0.74-0.160.760.80.690.81-0.380.86-0.62-0.480.880.32-0.190.74-0.1
-0.850.50.760.50.030.360.56-0.070.37-0.53-0.620.860.80.540.61-0.20.51-0.24-0.870.650.330.120.73-0.38
-0.350.460.250.690.330.570.7-0.610.62-0.65-0.320.480.690.540.79-0.280.6-0.35-0.390.810.4-0.130.790.09
-0.360.380.290.820.440.410.78-0.630.62-0.85-0.120.550.810.610.79-0.550.69-0.39-0.360.90.42-0.270.870.13
0.180.11-0.11-0.45-0.04-0.07-0.440.2-0.30.44-0.01-0.07-0.38-0.2-0.28-0.55-0.470.410.12-0.34-0.050.11-0.31-0.07
-0.320.530.280.930.580.120.98-0.540.62-0.61-0.020.580.860.510.60.69-0.47-0.92-0.280.710.12-0.260.53-0.1
0.17-0.4-0.1-0.75-0.490.12-0.830.39-0.40.3-0.06-0.38-0.62-0.24-0.35-0.390.41-0.920.11-0.390.160.22-0.160.21
0.99-0.22-0.64-0.150.3-0.38-0.3-0.17-0.030.250.91-0.74-0.48-0.87-0.39-0.360.12-0.280.11-0.31-0.21-0.27-0.520.56
-0.280.570.390.880.590.460.83-0.690.81-0.86-0.020.580.880.650.810.9-0.340.71-0.39-0.310.56-0.30.910.23
-0.2-0.140.070.320.450.860.28-0.410.68-0.66-0.040.150.320.330.40.42-0.050.120.16-0.210.56-0.080.670.61
-0.27-0.140.2-0.34-0.490.27-0.290.68-0.30.26-0.380.18-0.190.12-0.13-0.270.11-0.260.22-0.27-0.3-0.08-0.09-0.15
-0.490.380.470.670.380.650.67-0.510.64-0.84-0.280.620.740.730.790.87-0.310.53-0.16-0.520.910.67-0.090.19
0.55-0.32-0.440.160.520.440.0-0.390.53-0.380.61-0.47-0.1-0.380.090.13-0.07-0.10.210.560.230.61-0.150.19
Click cells to compare fundamentals

Janus Henderson Account Relationship Matchups

Janus Henderson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.7M27.3M29.1M24.5M6.5B5.9B
Other Current Liab381.5M339.8M325.3M278.6M592.8M475.6M
Total Current Liabilities729.1M627.4M619.2M574.6M631M617.0M
Total Stockholder Equity7.6B6.7B6.7B6.2B4.5B3.4B
Other Liab822.2M1.6B1.6B654.8M753.0M697.6M
Net Tangible Assets293.6M732M746.2M692M795.8M835.6M
Noncontrolling Interest In Consolidated Entity21.5M19.7M17.4M15.4M17.7M18.6M
Retained Earnings4.9B4.7B4.6B4.4B1.1B1.7B
Accounts Payable6.5M57.1M3.2M2.6M4.3M3.0M
Cash796.5M1.1B1.1B1.2B1.2B698.0M
Other Assets(7.6B)(6.7B)(6.7B)(6.2B)(6.5B)(6.1B)
Long Term Debt316.2M313.3M310.4M307.5M304.6M254.6M
Net Receivables466.5M488.3M436M318.6M388.6M364.6M
Good Will1.5B1.4B1.3B1.3B1.3B921.9M
Common Stock Total Equity294.6M280.5M270.6M253.6M291.6M243.8M
Retained Earnings Total Equity1.3B1.3B1.1B1.1B1.2B1.3B
Short Term Investments1.2B482.7M702.3M595.9M716.6M752.4M
Other Current Assets7.6B6.7B6.7B6.2B182.3M173.2M
Other Stockholder Equity(3.8B)(3.6B)(3.4B)(3.1B)3.7B3.9B
Total Liab280.5M270.6M253.6M248.5M1.6B1.6B
Deferred Long Term Liab729.9M729.1M627.4M619.2M712.1M747.7M
Long Term Investments5.9M7.8M8.8M261.6M300.8M315.9M
Total Current Assets2.6B2.2B2.4B2.2B2.5B3.4B
Accumulated Other Comprehensive Income5.6B4.8B4.8B4.6B(563.6M)(535.4M)
Treasury Stock(170.8M)(139.5M)(107.3M)(55.1M)(49.6M)(52.1M)
Short Term Debt319.1M316.2M311.7M320.4M23.1M21.9M
Intangible Assets3.1B2.7B2.5B2.4B2.4B1.4B
Common Stock280.5M270.6M253.6M248.5M245M198.3M
Property Plant Equipment217.3M77.9M63.3M51.8M59.6M51.5M
Short Long Term Debt Total127M625M630.8M623.7M382.5M318.2M
Property Plant And Equipment Net217.3M199.7M63.3M51.8M44.2M58.1M
Net Debt(669.5M)(993.4M)(785.7M)(847M)(785.6M)(746.3M)
Non Current Assets Total5.0B4.5B4.3B4.0B4.0B2.5B
Non Currrent Assets Other(2.8B)(2.4B)(6.4B)(6.0B)275.2M289.0M
Cash And Short Term Investments2.0B1.6B1.8B1.8B1.9B1.1B
Common Stock Shares Outstanding2.210.873.572.23160.5M168.5M
Liabilities And Stockholders Equity471.4M458.4M454.1M407.8M6.5B3.8B
Non Current Liabilities Total1.3B1.1B1.1B1.0B1.0B959.6M

Currently Active Assets on Macroaxis

When determining whether Janus Henderson Group is a strong investment it is important to analyze Janus Henderson'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 Janus Henderson's future performance. For an informed investment choice regarding Janus 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 Janus Henderson Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Asset Management & Custody Banks 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 Janus Henderson. If investors know Janus 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 Janus Henderson 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
(0.70)
Dividend Share
1.56
Earnings Share
2.53
Revenue Per Share
14.874
Quarterly Revenue Growth
0.199
The market value of Janus Henderson Group is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus Henderson's value that differs from its market value or its book value, called intrinsic value, which is Janus Henderson'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 Janus Henderson's market value can be influenced by many factors that don't directly affect Janus Henderson'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 Janus Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Henderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson'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.