Janus Long Term Debt vs Net Tangible Assets Analysis
JHG Stock | USD 34.37 0.14 0.41% |
Janus Henderson financial indicator trend analysis is infinitely more than just investigating Janus Henderson Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janus Henderson Group is a good investment. Please check the relationship between Janus Henderson Long Term Debt and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Henderson Group. 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janus Henderson Group Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Janus Henderson's Long Term Debt and Net Tangible Assets is -0.34. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Janus Henderson Group, assuming nothing else is changed. The correlation between historical values of Janus Henderson's Long Term Debt and Net Tangible 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 Long Term Debt of Janus Henderson Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Janus Henderson's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Janus Henderson Group has held for over one year. Long-term debt appears on Janus Henderson Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Janus Henderson Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Janus Henderson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janus Henderson Group 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 Janus Henderson Group. 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, Janus Henderson's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Janus Henderson's current Enterprise Value Multiple is estimated to increase to 14.37, while Selling General Administrative is projected to decrease to roughly 206.3 M.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 994.8M | 568.8M | 550M | 420.6M | Depreciation And Amortization | 171.4M | 79M | 22.9M | 21.8M |
Janus Henderson fundamental ratios Correlations
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Janus Henderson Account Relationship Matchups
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Janus Henderson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.6B | 6.7B | 6.7B | 6.2B | 6.5B | 7.2B | |
Other Current Liab | 75.9M | 53.8M | 58.3M | 581.7M | 57M | 54.2M | |
Total Current Liabilities | 769.7M | 727.8M | 786.4M | 610.5M | 631M | 669.6M | |
Total Stockholder Equity | 4.9B | 4.7B | 4.7B | 4.4B | 4.5B | 2.7B | |
Other Liab | 822.2M | 1.6B | 1.6B | 654.8M | 753.0M | 697.6M | |
Net Tangible Assets | 293.6M | 732M | 746.2M | 692M | 795.8M | 835.6M | |
Noncontrolling Interest In Consolidated Entity | 21.5M | 19.7M | 17.4M | 15.4M | 17.7M | 18.6M | |
Retained Earnings | 1.3B | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | |
Accounts Payable | 6.5M | 57.1M | 3.2M | 2.6M | 4.3M | 3.0M | |
Cash | 733.9M | 1.1B | 1.1B | 1.2B | 1.2B | 688.4M | |
Other Assets | 221.9M | 351M | 745.3M | 832.7M | (969M) | (920.6M) | |
Long Term Debt | 316.2M | 313.3M | 310.4M | 307.5M | 304.6M | 254.6M | |
Net Receivables | 476M | 490.4M | 446.9M | 349.7M | 388.6M | 369.1M | |
Good Will | 1.5B | 1.4B | 1.4B | 1.3B | 1.3B | 921.3M | |
Common Stock Total Equity | 294.6M | 280.5M | 270.6M | 253.6M | 291.6M | 243.8M | |
Retained Earnings Total Equity | 1.3B | 1.3B | 1.1B | 1.1B | 1.2B | 1.3B | |
Short Term Investments | 253.5M | 482.7M | 451.4M | 595.9M | 716.6M | 752.4M | |
Inventory | (552.6M) | 44.2M | (493.8M) | (378.1M) | 1.0 | 1.05 | |
Other Current Assets | 76.6M | 68.3M | 46.9M | 28.4M | (2.3B) | (2.2B) | |
Other Stockholder Equity | 3.7B | 3.7B | 3.7B | 3.7B | 3.7B | 1.9B | |
Total Liab | 2.0B | 1.9B | 1.9B | 1.6B | 1.6B | 1.6B | |
Deferred Long Term Liab | 729.9M | 729.1M | 627.4M | 619.2M | 712.1M | 747.7M | |
Long Term Investments | 5.9M | 7.8M | 8.8M | 261.6M | 300.8M | 315.9M | |
Total Current Assets | 987.4M | 2.2B | 1.6B | 1.2B | 2.5B | 3.2B | |
Accumulated Other Comprehensive Income | (367.1M) | (324M) | (396.1M) | (647.7M) | (563.6M) | (535.4M) | |
Treasury Stock | (170.8M) | (139.5M) | (107.3M) | (55.1M) | (49.6M) | (52.1M) | |
Short Term Debt | 25.7M | 27.3M | 29.1M | 24.5M | 23.1M | 21.9M | |
Intangible Assets | 3.1B | 2.7B | 2.5B | 2.4B | 2.4B | 1.4B | |
Common Stock | 280.5M | 270.6M | 253.6M | 248.5M | 245M | 195.9M | |
Property Plant Equipment | 217.3M | 77.9M | 63.3M | 51.8M | 59.6M | 51.5M | |
Short Long Term Debt Total | 316.2M | 458.5M | 310.4M | 332M | 392.2M | 329.8M | |
Property Plant And Equipment Net | 84.7M | 77.9M | 63.3M | 51.8M | 44.2M | 42.8M | |
Net Debt | (417.7M) | (649.6M) | (796.9M) | (830.3M) | (775.9M) | (737.1M) | |
Non Current Assets Total | 6.6B | 4.5B | 5.2B | 5.1B | 4.0B | 2.8B | |
Non Currrent Assets Other | 1.9B | 333.9M | 1.2B | 1.1B | 275.2M | 261.4M | |
Cash And Short Term Investments | 987.4M | 1.6B | 1.6B | 1.2B | 1.9B | 2.0B | |
Common Stock Shares Outstanding | 188.6M | 179.9M | 168.5M | 162M | 160.5M | 150.5M | |
Liabilities And Stockholders Equity | 7.6B | 6.7B | 6.7B | 6.2B | 6.5B | 5.4B | |
Non Current Liabilities Total | 2.0B | 1.1B | 1.9B | 1.6B | 1.0B | 959.6M |
Currently Active Assets on Macroaxis
When determining whether Janus Henderson Group is a strong investment it is important to analyze Janus Henderson'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 Janus Henderson's future performance. For an informed investment choice regarding Janus 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 Janus Henderson Group. 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 Janus Henderson Group information on this page should be used as a complementary analysis to other Janus Henderson'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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When running Janus Henderson's price analysis, check to measure Janus Henderson'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 Janus Henderson is operating at the current time. Most of Janus Henderson's value examination focuses on studying past and present price action to predict the probability of Janus Henderson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janus Henderson's price. Additionally, you may evaluate how the addition of Janus Henderson to your portfolios can decrease your overall portfolio volatility.
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Is Janus Henderson'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 Janus Henderson. If investors know Janus 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 Janus Henderson 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 0.523 | Dividend Share 1.56 | Earnings Share 2.65 | Revenue Per Share 13.509 | Quarterly Revenue Growth 0.113 |
The market value of Janus Henderson Group is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus Henderson's value that differs from its market value or its book value, called intrinsic value, which is Janus Henderson'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 Janus Henderson's market value can be influenced by many factors that don't directly affect Janus Henderson'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 Janus Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Henderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson'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.