JBHT Other Operating Expenses vs Tax Provision Analysis
JBHT Stock | USD 167.75 0.36 0.21% |
JB Hunt financial indicator trend analysis is infinitely more than just investigating JB Hunt Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hunt Transport is a good investment. Please check the relationship between JB Hunt Other Operating Expenses and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Other Operating Expenses vs Tax Provision
Other Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Hunt Transport Other Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between JB Hunt's Other Operating Expenses and Tax Provision is -0.03. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of JB Hunt Transport, assuming nothing else is changed. The correlation between historical values of JB Hunt's Other Operating Expenses and Tax Provision 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 Operating Expenses of JB Hunt Transport are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., JB Hunt's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of JB Hunt Transport. It is also known as JB Hunt overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most indicators from JB Hunt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hunt Transport 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 JB Hunt Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, JB Hunt's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 13.45 in 2024, whereas Tax Provision is likely to drop slightly above 208.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.5B | 1.4B | 1.2B | Total Revenue | 12.2B | 14.8B | 12.8B | 13.5B |
JB Hunt fundamental ratios Correlations
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JB Hunt Account Relationship Matchups
High Positive Relationship
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JB Hunt fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.5B | 5.9B | 6.8B | 7.7B | 8.8B | 9.2B | |
Short Long Term Debt Total | 1.3B | 1.3B | 1.3B | 1.3B | 1.9B | 2.0B | |
Other Current Liab | 433.2M | 538.7M | 600.9M | 769.5M | 692.2M | 726.8M | |
Total Current Liabilities | 1.0B | 1.1B | 1.7B | 1.6B | 1.8B | 1.9B | |
Total Stockholder Equity | 2.3B | 2.6B | 3.1B | 3.7B | 4.1B | 4.3B | |
Property Plant And Equipment Net | 3.6B | 3.7B | 4.1B | 5.0B | 6.1B | 6.4B | |
Net Debt | 1.3B | 992.1M | 945.7M | 1.2B | 1.9B | 2.0B | |
Retained Earnings | 4.6B | 5.0B | 5.6B | 6.4B | 7.0B | 7.3B | |
Cash | 35M | 313.3M | 355.5M | 51.9M | 53.3M | 33.6M | |
Non Current Assets Total | 4.0B | 4.1B | 4.5B | 5.6B | 6.7B | 7.1B | |
Non Currrent Assets Other | 165.9M | 185.2M | 36.6M | 115.1M | 29.7M | 31.2M | |
Cash And Short Term Investments | 35M | 313.3M | 355.5M | 51.9M | 53.3M | 33.6M | |
Net Receivables | 1.0B | 1.1B | 1.5B | 1.5B | 1.7B | 1.8B | |
Common Stock Shares Outstanding | 108.3M | 106.8M | 106.6M | 105.3M | 104.5M | 107.5M | |
Liabilities And Stockholders Equity | 5.5B | 5.9B | 6.8B | 7.7B | 8.8B | 9.2B | |
Non Current Liabilities Total | 2.2B | 2.2B | 1.9B | 2.5B | 2.9B | 3.1B | |
Inventory | 21.1M | 23.8M | 25.0M | 40.6M | 42.2M | 44.3M | |
Other Current Assets | 434.5M | 423.3M | 444.9M | 587.5M | 299.5M | 314.5M | |
Other Stockholder Equity | (2.3B) | (2.4B) | (2.5B) | (2.8B) | (2.9B) | (2.7B) | |
Total Liab | 3.2B | 3.3B | 3.7B | 4.1B | 4.7B | 4.9B | |
Total Current Assets | 1.5B | 1.9B | 2.3B | 2.2B | 2.1B | 2.2B | |
Short Term Debt | 44.4M | 48.3M | 356.0M | 86M | 349.9M | 224.3M | |
Accounts Payable | 602.6M | 587.5M | 769.5M | 798.8M | 737.4M | 774.2M | |
Property Plant And Equipment Gross | 3.6B | 3.7B | 4.1B | 5.2B | 8.8B | 9.2B | |
Other Liab | 792.2M | 915.5M | 1.0B | 1.1B | 1.2B | 1.3B | |
Other Assets | 6K | 397.3M | (28K) | 41K | 1.0 | 0.95 | |
Long Term Debt | 1.3B | 1.3B | 945.3M | 1.3B | 1.3B | 796.4M | |
Treasury Stock | (2.7B) | (2.8B) | (3.0B) | (3.3B) | (2.9B) | (2.8B) | |
Property Plant Equipment | 3.6B | 3.7B | 4.1B | 5.2B | 6.0B | 6.3B | |
Net Tangible Assets | 2.1B | 2.4B | 3.1B | 3.4B | 3.9B | 4.1B | |
Good Will | 96.3M | 105.4M | 100.5M | 120.4M | 134.1M | 140.8M | |
Retained Earnings Total Equity | 4.6B | 5.0B | 5.6B | 6.4B | 7.4B | 7.8B | |
Long Term Debt Total | 898.4M | 1.3B | 1.3B | 1.3B | 1.5B | 1.0B | |
Capital Surpluse | 374.0M | 408.2M | 448.2M | 499.9M | 574.9M | 345.7M | |
Non Current Liabilities Other | 173.2M | 204.6M | 256.2M | 369.3M | 392.8M | 412.4M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the JB Hunt Transport information on this page should be used as a complementary analysis to other JB Hunt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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Is JB Hunt's industry 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 JB Hunt. If investors know JBHT 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 JB Hunt 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 (0.35) | Dividend Share 1.69 | Earnings Share 6.3 | Revenue Per Share 121.411 | Quarterly Revenue Growth (0.09) |
The market value of JB Hunt Transport is measured differently than its book value, which is the value of JBHT that is recorded on the company's balance sheet. Investors also form their own opinion of JB Hunt's value that differs from its market value or its book value, called intrinsic value, which is JB Hunt'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 JB Hunt's market value can be influenced by many factors that don't directly affect JB Hunt'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 JB Hunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if JB Hunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JB Hunt'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.