JJSF Total Assets vs Total Current Liabilities Analysis

JJSF Stock  USD 175.36  3.66  2.04%   
J J financial indicator trend analysis is infinitely more than just investigating J J Snack recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J J Snack is a good investment. Please check the relationship between J J Total Assets and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of J J Snack Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between J J's Total Assets and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of J J Snack, assuming nothing else is changed. The correlation between historical values of J J's Total Assets and Total Current Liabilities 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 J J Snack are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., J J's Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of J J 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 J J Snack 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.

Total Current Liabilities

Total Current Liabilities is an item on J J balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of J J Snack are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from J J's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J J Snack 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 J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, J J's Enterprise Value Multiple is most likely to increase in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense1.0M4.7M4.3M4.5M
Depreciation And Amortization53.1M63.1M72.6M76.2M

J J fundamental ratios Correlations

0.80.990.990.990.960.350.970.090.97-0.090.110.980.80.90.970.71-0.370.960.80.890.80.870.960.960.77
0.80.80.840.710.920.730.64-0.290.870.32-0.310.850.390.980.870.68-0.340.940.880.550.970.960.770.910.97
0.990.80.990.980.950.390.960.030.97-0.10.060.980.760.890.970.68-0.450.950.80.860.790.870.960.950.76
0.990.840.990.970.960.40.940.060.96-0.060.060.990.760.920.980.71-0.370.970.790.870.840.90.980.970.81
0.990.710.980.970.920.250.990.170.94-0.170.20.950.840.830.940.68-0.360.910.740.930.720.80.950.910.68
0.960.920.950.960.920.550.87-0.10.980.1-0.090.970.650.980.970.69-0.380.990.920.770.910.950.910.980.88
0.350.730.390.40.250.550.16-0.860.550.57-0.850.48-0.020.670.530.35-0.250.570.68-0.070.590.750.320.60.67
0.970.640.960.940.990.870.160.230.9-0.260.280.920.850.770.910.67-0.380.860.680.940.660.730.930.860.6
0.09-0.290.030.060.17-0.1-0.860.23-0.15-0.580.97-0.060.3-0.23-0.110.030.09-0.11-0.320.5-0.1-0.340.12-0.17-0.23
0.970.870.970.960.940.980.550.9-0.150.09-0.130.980.730.950.990.69-0.370.970.890.760.830.940.920.990.82
-0.090.32-0.1-0.06-0.170.10.57-0.26-0.580.09-0.68-0.02-0.110.230.01-0.050.280.10.36-0.40.230.28-0.130.140.34
0.11-0.310.060.060.2-0.09-0.850.280.97-0.13-0.68-0.040.29-0.23-0.090.050.02-0.1-0.320.53-0.13-0.350.12-0.16-0.28
0.980.850.980.990.950.970.480.92-0.060.98-0.02-0.040.730.930.990.67-0.380.980.830.820.820.930.970.980.83
0.80.390.760.760.840.65-0.020.850.30.73-0.110.290.730.550.720.490.010.660.490.790.40.550.80.690.38
0.90.980.890.920.830.980.670.77-0.230.950.23-0.230.930.550.940.7-0.330.990.920.660.950.980.860.980.94
0.970.870.970.980.940.970.530.91-0.110.990.01-0.090.990.720.940.7-0.360.980.850.790.830.940.950.990.84
0.710.680.680.710.680.690.350.670.030.69-0.050.050.670.490.70.7-0.440.720.50.630.70.660.680.710.58
-0.37-0.34-0.45-0.37-0.36-0.38-0.25-0.380.09-0.370.280.02-0.380.01-0.33-0.36-0.44-0.36-0.29-0.31-0.35-0.3-0.31-0.33-0.24
0.960.940.950.970.910.990.570.86-0.110.970.1-0.10.980.660.990.980.72-0.360.880.770.920.960.930.990.9
0.80.880.80.790.740.920.680.68-0.320.890.36-0.320.830.490.920.850.5-0.290.880.520.830.90.70.890.85
0.890.550.860.870.930.77-0.070.940.50.76-0.40.530.820.790.660.790.63-0.310.770.520.630.590.890.740.54
0.80.970.790.840.720.910.590.66-0.10.830.23-0.130.820.40.950.830.7-0.350.920.830.630.890.770.870.93
0.870.960.870.90.80.950.750.73-0.340.940.28-0.350.930.550.980.940.66-0.30.960.90.590.890.850.970.93
0.960.770.960.980.950.910.320.930.120.92-0.130.120.970.80.860.950.68-0.310.930.70.890.770.850.930.76
0.960.910.950.970.910.980.60.86-0.170.990.14-0.160.980.690.980.990.71-0.330.990.890.740.870.970.930.88
0.770.970.760.810.680.880.670.6-0.230.820.34-0.280.830.380.940.840.58-0.240.90.850.540.930.930.760.88
Click cells to compare fundamentals

J J Account Relationship Matchups

J J fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.2B1.3B1.5B1.5B
Short Long Term Debt Total61.6M60.5M111.6M121.9M140.2M147.2M
Other Current Liab46.1M56.2M60.0M62.2M71.5M75.1M
Total Current Liabilities134.1M167.6M181.8M174.9M201.2M211.2M
Total Stockholder Equity809.5M845.7M863.2M911.5M1.0B1.1B
Property Plant And Equipment Net319.7M321.7M386.5M474.8M546.0M573.3M
Net Debt(134.2M)(222.7M)76.4M72.3M65.1M68.4M
Retained Earnings775.8M785.4M782.9M807.1M928.2M974.6M
Cash195.8M283.2M35.2M49.6M57.0M59.5M
Non Current Assets Total557.0M537.5M772.3M847.0M974.1M1.0B
Non Currrent Assets Other(26.5M)(59.6M)(24.0M)3.7M3.3M3.5M
Cash And Short Term Investments247.0M291.2M39.2M49.6M57.0M72.1M
Net Receivables126.6M162.9M208.2M198.1M227.8M239.2M
Common Stock Shares Outstanding19.0M19.1M19.2M19.3M22.2M20.3M
Liabilities And Stockholders Equity1.1B1.1B1.2B1.3B1.5B1.5B
Non Current Liabilities Total112.9M108.9M172.0M190.8M219.4M230.4M
Inventory108.9M123.2M180.5M171.5M197.3M207.1M
Other Current Assets17.1M7.5M16.8M11.0M12.6M12.3M
Other Stockholder Equity12K413K(13.4M)(13.7M)(15.8M)(15.0M)
Total Liab247.1M276.6M353.8M365.7M420.6M441.6M
Property Plant And Equipment Gross319.7M267.2M335.4M1.0B1.2B1.3B
Total Current Assets499.6M584.8M444.6M430.2M494.7M519.5M
Accumulated Other Comprehensive Income(15.6M)(13.4M)(13.7M)(10.2M)(11.7M)(12.3M)
Short Term Debt13.5M13.6M13.6M16.7M19.2M20.1M
Intangible Assets80.4M77.8M191.7M183.5M211.1M221.6M
Accounts Payable73.1M96.8M108.1M90.8M104.4M109.6M
Good Will123.0M121.8M184.4M185.1M212.8M223.5M
Common Stock Total Equity45.7M49.3M73.6M94.0M108.1M113.5M
Common Stock49.3M73.6M94.0M114.6M131.7M138.3M
Other Liab63.6M64.9M62.0M74.0M85.2M89.4M
Other Assets2.8M2.9M2.0M4.0M4.6M2.9M
Property Plant Equipment253.4M261.6M321.7M386.5M444.5M466.7M
Current Deferred Revenue1.3M1.1M10K5.3M4.8M3.8M
Net Tangible Assets676.3M857.6M646.0M487.0M560.1M642.5M
Capital Lease Obligations61.6M60.5M56.6M94.9M109.1M114.6M

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When determining whether J J Snack is a strong investment it is important to analyze J J'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 J J's future performance. For an informed investment choice regarding JJSF 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 J J Snack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Packaged Foods & Meats 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 J J. If investors know JJSF 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 J J 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
0.033
Dividend Share
2.94
Earnings Share
4.5
Revenue Per Share
82.235
Return On Assets
0.0564
The market value of J J Snack is measured differently than its book value, which is the value of JJSF that is recorded on the company's balance sheet. Investors also form their own opinion of J J's value that differs from its market value or its book value, called intrinsic value, which is J J'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 J J's market value can be influenced by many factors that don't directly affect J J'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 J J's value and its price as these two are different measures arrived at by different means. Investors typically determine if J J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J J'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.