Jackson Other Current Assets vs Total Assets Analysis

JXN Stock  USD 87.82  2.03  2.26%   
Jackson Financial financial indicator trend analysis is infinitely more than just investigating Jackson Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jackson Financial is a good investment. Please check the relationship between Jackson Financial Other Current Assets and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jackson Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Jackson Stock, please use our How to Invest in Jackson Financial guide.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jackson Financial Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Jackson Financial's Other Current Assets and Total Assets is -0.88. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jackson Financial, assuming nothing else is changed. The correlation between historical values of Jackson Financial's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Jackson Financial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Jackson Financial's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Jackson Financial 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 Jackson Financial 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.
Most indicators from Jackson Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jackson Financial 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 Jackson Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Jackson Stock, please use our How to Invest in Jackson Financial guide.At this time, Jackson Financial's Selling General Administrative is very stable compared to the past year. As of the 27th of December 2024, Issuance Of Capital Stock is likely to grow to about 643.6 M, though Tax Provision is likely to grow to (114 M).

Jackson Financial fundamental ratios Correlations

0.610.920.440.510.61-0.590.750.94-0.170.55-0.850.080.420.960.880.93-0.220.49-0.88-0.930.66-0.81-0.420.590.61
0.610.580.470.541.0-0.290.690.65-0.370.42-0.49-0.070.370.520.580.590.170.39-0.47-0.570.63-0.61-0.25-0.13-0.09
0.920.580.530.480.57-0.650.820.870.030.63-0.73-0.160.260.920.980.95-0.360.77-0.68-0.810.43-0.88-0.290.670.69
0.440.470.530.710.49-0.810.860.510.20.8-0.54-0.67-0.360.430.480.48-0.680.55-0.28-0.56-0.06-0.840.340.470.49
0.510.540.480.710.55-0.450.590.470.140.87-0.74-0.210.080.350.390.46-0.210.39-0.29-0.50.28-0.62-0.060.190.22
0.611.00.570.490.55-0.30.70.65-0.350.43-0.49-0.080.370.510.570.590.170.39-0.46-0.580.62-0.62-0.25-0.13-0.09
-0.59-0.29-0.65-0.81-0.45-0.3-0.86-0.52-0.07-0.540.530.630.37-0.68-0.65-0.560.81-0.520.490.620.110.82-0.32-0.75-0.76
0.750.690.820.860.590.7-0.860.75-0.090.7-0.66-0.54-0.120.770.80.74-0.570.64-0.59-0.770.2-0.950.140.540.56
0.940.650.870.510.470.65-0.520.75-0.050.56-0.780.110.460.890.830.94-0.20.54-0.82-0.960.7-0.86-0.460.540.57
-0.17-0.370.030.20.14-0.35-0.07-0.09-0.050.250.14-0.13-0.05-0.230.040.12-0.240.530.460.16-0.32-0.15-0.130.380.38
0.550.420.630.80.870.43-0.540.70.560.25-0.74-0.4-0.120.460.510.56-0.490.58-0.31-0.570.11-0.750.10.440.46
-0.85-0.49-0.73-0.54-0.74-0.490.53-0.66-0.780.14-0.74-0.06-0.28-0.79-0.63-0.740.28-0.30.810.87-0.560.720.27-0.51-0.53
0.08-0.07-0.16-0.67-0.21-0.080.63-0.540.11-0.13-0.4-0.060.85-0.03-0.170.050.75-0.4-0.22-0.060.690.38-0.83-0.27-0.27
0.420.370.26-0.360.080.370.37-0.120.46-0.05-0.12-0.280.850.270.280.460.720.06-0.36-0.320.89-0.04-0.98-0.15-0.13
0.960.520.920.430.350.51-0.680.770.89-0.230.46-0.79-0.030.270.90.89-0.360.48-0.9-0.910.52-0.8-0.280.680.7
0.880.580.980.480.390.57-0.650.80.830.040.51-0.63-0.170.280.90.94-0.320.79-0.63-0.750.4-0.85-0.310.650.67
0.930.590.950.480.460.59-0.560.740.940.120.56-0.740.050.460.890.94-0.210.73-0.7-0.860.6-0.87-0.510.630.66
-0.220.17-0.36-0.68-0.210.170.81-0.57-0.2-0.24-0.490.280.750.72-0.36-0.32-0.21-0.360.190.330.510.55-0.62-0.76-0.76
0.490.390.770.550.390.39-0.520.640.540.530.58-0.3-0.40.060.480.790.73-0.36-0.08-0.370.03-0.75-0.160.550.57
-0.88-0.47-0.68-0.28-0.29-0.460.49-0.59-0.820.46-0.310.81-0.22-0.36-0.9-0.63-0.70.19-0.080.92-0.670.60.32-0.48-0.49
-0.93-0.57-0.81-0.56-0.5-0.580.62-0.77-0.960.16-0.570.87-0.06-0.32-0.91-0.75-0.860.33-0.370.92-0.640.840.32-0.6-0.62
0.660.630.43-0.060.280.620.110.20.7-0.320.11-0.560.690.890.520.40.60.510.03-0.67-0.64-0.3-0.81-0.07-0.04
-0.81-0.61-0.88-0.84-0.62-0.620.82-0.95-0.86-0.15-0.750.720.38-0.04-0.8-0.85-0.870.55-0.750.60.84-0.30.08-0.67-0.7
-0.42-0.25-0.290.34-0.06-0.25-0.320.14-0.46-0.130.10.27-0.83-0.98-0.28-0.31-0.51-0.62-0.160.320.32-0.810.080.0-0.02
0.59-0.130.670.470.19-0.13-0.750.540.540.380.44-0.51-0.27-0.150.680.650.63-0.760.55-0.48-0.6-0.07-0.670.01.0
0.61-0.090.690.490.22-0.09-0.760.560.570.380.46-0.53-0.27-0.130.70.670.66-0.760.57-0.49-0.62-0.04-0.7-0.021.0
Click cells to compare fundamentals

Jackson Financial Account Relationship Matchups

Jackson Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets297.1B353.5B375.5B311.1B330.3B334.2B
Short Long Term Debt Total2.7B332.3M34.2B27.7B4.0B3.8B
Total Stockholder Equity6.8B9.4B10.4B8.4B10.2B9.2B
Retained Earnings1.4B(323.2M)2.8B8.3B7.0B7.4B
Cash1.9B2.0B2.6B4.3B2.7B2.9B
Long Term Debt2.7B322M31.7B27.7B4.0B3.8B
Long Term Debt Total2.7B322M31.7B27.7B31.8B33.4B
Liabilities And Stockholders Equity297.1B353.5B375.5B311.1B330.3B334.2B
Other Stockholder Equity3.1B5.9B5.8B5.6B5.4B3.7B
Total Liab2.7B343.5B2.6B301.9B319.9B235.4B
Cash And Equivalents1.9B2.0B2.6B4.3B4.9B2.9B
Other Current Liab10.9B21.5B954M(9M)(12.7B)(12.1B)
Total Current Liabilities10.9B53.5B29.0B23.3B(12.7B)(12.1B)
Other Liab281.7B308.4B330.2B269.2B309.5B315.8B
Net Tangible Assets6.8B9.4B10.4B8.4B9.7B9.4B
Accounts Payable4.8B32.0B29.0B23.0B26.4B20.6B
Other Assets170.8B236.7B234.5B189.5B(25.9B)(24.6B)
Capital Surpluse3.1B5.9B6.1B6.1B7.0B5.8B
Other Current Assets2.5B4.3B3.1B7.3B6.2B4.4B
Deferred Long Term Liab53.6M900K1M4M3.6M3.4M
Total Current Assets67.4B96.4B87.3B76.4B2.7B2.6B

Pair Trading with Jackson Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jackson Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jackson Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against Jackson Stock

  0.55RM Regional Management Corp Normal TradingPairCorr
  0.39RC Ready Capital CorpPairCorr
  0.33LX Lexinfintech HoldingsPairCorr
The ability to find closely correlated positions to Jackson Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jackson Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jackson Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jackson Financial to buy it.
The correlation of Jackson Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jackson Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jackson Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jackson Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Jackson Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jackson Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jackson Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jackson Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jackson Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Jackson Stock, please use our How to Invest in Jackson Financial guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Diversified Financial Services 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 Jackson Financial. If investors know Jackson 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 Jackson Financial 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
(0.76)
Dividend Share
2.72
Earnings Share
(11.55)
Revenue Per Share
51.678
Quarterly Revenue Growth
(0.18)
The market value of Jackson Financial is measured differently than its book value, which is the value of Jackson that is recorded on the company's balance sheet. Investors also form their own opinion of Jackson Financial's value that differs from its market value or its book value, called intrinsic value, which is Jackson Financial'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 Jackson Financial's market value can be influenced by many factors that don't directly affect Jackson Financial'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 Jackson Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jackson Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jackson Financial'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.