James Hardie Total Debt vs. Total Asset

JHX Stock  USD 36.15  0.98  2.79%   
Based on the measurements of profitability obtained from James Hardie's financial statements, James Hardie Industries is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess James Hardie's ability to earn profits and add value for shareholders. At this time, James Hardie's Price To Sales Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to rise to 45.21 in 2024, whereas Sales General And Administrative To Revenue is likely to drop (0.15) in 2024. At this time, James Hardie's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to rise to about 792.5 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (64.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.280.4035
Way Down
Pretty Stable
Net Profit Margin0.140.1296
Significantly Up
Pretty Stable
Operating Profit Margin0.10.195
Way Down
Slightly volatile
Pretax Profit Margin0.20.1918
Sufficiently Up
Slightly volatile
Return On Assets0.110.1039
Notably Up
Very volatile
For James Hardie profitability analysis, we use financial ratios and fundamental drivers that measure the ability of James Hardie to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well James Hardie Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between James Hardie's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of James Hardie Industries over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Is Construction Materials 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 James Hardie. If investors know James 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 James Hardie 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
(0.44)
Earnings Share
1.01
Revenue Per Share
9.068
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1209
The market value of James Hardie Industries is measured differently than its book value, which is the value of James that is recorded on the company's balance sheet. Investors also form their own opinion of James Hardie's value that differs from its market value or its book value, called intrinsic value, which is James Hardie'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 James Hardie's market value can be influenced by many factors that don't directly affect James Hardie'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 James Hardie's value and its price as these two are different measures arrived at by different means. Investors typically determine if James Hardie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, James Hardie'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.

James Hardie Industries Total Asset vs. Total Debt Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining James Hardie's current stock value. Our valuation model uses many indicators to compare James Hardie value to that of its competitors to determine the firm's financial worth.
James Hardie Industries is rated below average in total debt category among its peers. It is rated below average in total asset category among its peers fabricating about  4.09  of Total Asset per Total Debt. At this time, James Hardie's Total Assets are fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the James Hardie's earnings, one of the primary drivers of an investment's value.

James Total Debt vs. Competition

James Hardie Industries is rated below average in total debt category among its peers. Total debt of Materials industry is currently estimated at about 188.07 Billion. James Hardie maintains roughly 1.2 Billion in total debt contributing less than 1% to all equities under Materials industry.
Total debt  Revenue  Valuation  Workforce  Capitalization

James Total Asset vs. Total Debt

Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

James Hardie

Total Debt

 = 

Bonds

+

Notes

 = 
1.2 B
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

James Hardie

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
4.91 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

James Total Asset Comparison

James Hardie is currently under evaluation in total asset category among its peers.

James Hardie Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in James Hardie, profitability is also one of the essential criteria for including it into their portfolios because, without profit, James Hardie will eventually generate negative long term returns. The profitability progress is the general direction of James Hardie's change in net profit over the period of time. It can combine multiple indicators of James Hardie, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-68.3 M-64.9 M
Operating Income767.4 M805.8 M
Income Before Tax754.8 M792.5 M
Net Income Applicable To Common Shares588.8 M618.2 M
Net Income510.2 M535.7 M
Income Tax Expense244.6 M256.8 M
Total Other Income Expense Net-12.6 M-13.2 M
Net Income From Continuing Ops510.2 M327.2 M
Interest Income21.1 M19.1 M
Net Interest Income-15.3 M-16.1 M
Change To Netincome154.4 M123.3 M
Net Income Per Share 1.16  1.22 
Income Quality 1.79  1.88 
Net Income Per E B T 0.68  0.97 

James Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on James Hardie. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of James Hardie position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the James Hardie's important profitability drivers and their relationship over time.

Use James Hardie in pair-trading

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 James Hardie 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 James Hardie will appreciate offsetting losses from the drop in the long position's value.

James Hardie Pair Trading

James Hardie Industries Pair Trading Analysis

The ability to find closely correlated positions to James Hardie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace James Hardie 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 James Hardie - 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 James Hardie Industries to buy it.
The correlation of James Hardie 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 James Hardie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if James Hardie Industries 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 James Hardie 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

Use Investing Themes to Complement your James Hardie position

In addition to having James Hardie in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 41 constituents at this time.
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Additional Tools for James Stock Analysis

When running James Hardie's price analysis, check to measure James Hardie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy James Hardie is operating at the current time. Most of James Hardie's value examination focuses on studying past and present price action to predict the probability of James Hardie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move James Hardie's price. Additionally, you may evaluate how the addition of James Hardie to your portfolios can decrease your overall portfolio volatility.