Jackson Other Stockholder Equity vs Total Current Liabilities 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 Stockholder Equity 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 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 Stockholder Equity vs Total Current Liabilities
Other Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jackson Financial Other Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jackson Financial's Other Stockholder Equity and Total Current Liabilities is 0.46. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Liabilities 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 Stockholder Equity 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 Other Stockholder Equity of Jackson Financial 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 Other Stockholder Equity i.e., Jackson Financial's Other Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Total Current Liabilities
Total Current Liabilities is an item on Jackson Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jackson Financial 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 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
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Jackson Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jackson Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 297.1B | 353.5B | 375.5B | 311.1B | 330.3B | 334.2B | |
Short Long Term Debt Total | 2.7B | 332.3M | 34.2B | 27.7B | 4.0B | 3.8B | |
Total Stockholder Equity | 6.8B | 9.4B | 10.4B | 8.4B | 10.2B | 9.2B | |
Retained Earnings | 1.4B | (323.2M) | 2.8B | 8.3B | 7.0B | 7.4B | |
Cash | 1.9B | 2.0B | 2.6B | 4.3B | 2.7B | 2.9B | |
Long Term Debt | 2.7B | 322M | 31.7B | 27.7B | 4.0B | 3.8B | |
Long Term Debt Total | 2.7B | 322M | 31.7B | 27.7B | 31.8B | 33.4B | |
Liabilities And Stockholders Equity | 297.1B | 353.5B | 375.5B | 311.1B | 330.3B | 334.2B | |
Other Stockholder Equity | 3.1B | 5.9B | 5.8B | 5.6B | 5.4B | 3.7B | |
Total Liab | 2.7B | 343.5B | 2.6B | 301.9B | 319.9B | 235.4B | |
Cash And Equivalents | 1.9B | 2.0B | 2.6B | 4.3B | 4.9B | 2.9B | |
Other Current Liab | 10.9B | 21.5B | 954M | (9M) | (12.7B) | (12.1B) | |
Total Current Liabilities | 10.9B | 53.5B | 29.0B | 23.3B | (12.7B) | (12.1B) | |
Other Liab | 281.7B | 308.4B | 330.2B | 269.2B | 309.5B | 315.8B | |
Net Tangible Assets | 6.8B | 9.4B | 10.4B | 8.4B | 9.7B | 9.4B | |
Accounts Payable | 4.8B | 32.0B | 29.0B | 23.0B | 26.4B | 20.6B | |
Other Assets | 170.8B | 236.7B | 234.5B | 189.5B | (25.9B) | (24.6B) | |
Capital Surpluse | 3.1B | 5.9B | 6.1B | 6.1B | 7.0B | 5.8B | |
Other Current Assets | 2.5B | 4.3B | 3.1B | 7.3B | 6.2B | 4.4B | |
Deferred Long Term Liab | 53.6M | 900K | 1M | 4M | 3.6M | 3.4M | |
Total Current Assets | 67.4B | 96.4B | 87.3B | 76.4B | 2.7B | 2.6B |
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
0.55 | RM | Regional Management Corp Normal Trading | PairCorr |
0.39 | RC | Ready Capital Corp | PairCorr |
0.33 | LX | Lexinfintech Holdings | PairCorr |
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.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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.