Johnson Net Income vs Extraordinary Items Analysis
JNJ Stock | USD 146.14 0.68 0.46% |
Johnson Johnson financial indicator trend analysis is infinitely more than just investigating Johnson Johnson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Johnson is a good investment. Please check the relationship between Johnson Johnson Net Income and its Extraordinary Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.
Net Income vs Extraordinary Items
Net Income vs Extraordinary Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Johnson Net Income account and Extraordinary Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Johnson Johnson's Net Income and Extraordinary Items is 0.62. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Johnson Johnson, assuming nothing else is changed. The correlation between historical values of Johnson Johnson's Net Income and Extraordinary Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Johnson Johnson are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Net Income i.e., Johnson Johnson's Net Income and Extraordinary Items go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Johnson Johnson financial statement analysis. It represents the amount of money remaining after all of Johnson Johnson operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Extraordinary Items
Most indicators from Johnson Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Johnson 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 Johnson Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.At this time, Johnson Johnson's Tax Provision is relatively stable compared to the past year. Issuance Of Capital Stock is expected to hike to about 4.5 B this year, although Enterprise Value Multiple will most likely fall to 10.64.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 63.9B | 63.9B | 58.4B | 34.8B | Total Revenue | 93.8B | 94.9B | 85.2B | 50.1B |
Johnson Johnson fundamental ratios Correlations
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Johnson Johnson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Johnson Johnson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 157.7B | 174.9B | 182.0B | 187.4B | 167.6B | 175.9B | |
Short Long Term Debt Total | 27.7B | 35.3B | 33.8B | 39.7B | 30.4B | 32.0B | |
Other Current Liab | 26.2B | 30.4B | 30.4B | 31.3B | 30.2B | 31.7B | |
Total Current Liabilities | 36.0B | 42.5B | 45.2B | 55.8B | 46.3B | 48.6B | |
Total Stockholder Equity | 59.5B | 63.3B | 74.0B | 76.8B | 68.8B | 38.7B | |
Property Plant And Equipment Net | 17.7B | 18.8B | 19.0B | 19.8B | 20.9B | 11.6B | |
Net Debt | 10.4B | 21.3B | 19.3B | 25.5B | 8.6B | 9.0B | |
Retained Earnings | 110.7B | 113.9B | 123.1B | 128.3B | 153.8B | 161.5B | |
Cash | 17.3B | 14.0B | 14.5B | 14.1B | 21.9B | 23.0B | |
Non Current Assets Total | 112.5B | 123.7B | 121.0B | 132.1B | 114.1B | 119.8B | |
Non Currrent Assets Other | 4.5B | 5.1B | 8.3B | 9.0B | 8.7B | 9.1B | |
Cash And Short Term Investments | 19.3B | 25.2B | 31.6B | 23.5B | 22.9B | 14.3B | |
Net Receivables | 14.5B | 13.6B | 15.3B | 16.2B | 14.9B | 8.0B | |
Common Stock Shares Outstanding | 2.7B | 2.7B | 2.7B | 2.7B | 2.6B | 2.2B | |
Liabilities And Stockholders Equity | 157.7B | 174.9B | 182.0B | 187.4B | 167.6B | 175.9B | |
Non Current Liabilities Total | 62.3B | 69.1B | 62.8B | 54.8B | 52.5B | 55.1B | |
Inventory | 9.0B | 9.3B | 10.4B | 12.5B | 11.2B | 11.7B | |
Other Current Assets | 3.6B | 2.5B | 3.1B | 3.7B | 4.5B | 3.4B | |
Other Stockholder Equity | (38.4B) | (38.5B) | (39.1B) | (41.7B) | (75.7B) | (71.9B) | |
Total Liab | 98.3B | 111.6B | 108.0B | 110.6B | 98.8B | 103.7B | |
Total Current Assets | 45.3B | 51.2B | 61.0B | 55.3B | 53.5B | 31.1B | |
Short Term Debt | 1.2B | 2.6B | 3.8B | 12.8B | 3.5B | 3.0B | |
Intangible Assets | 47.6B | 53.4B | 46.4B | 48.3B | 34.2B | 19.0B | |
Accounts Payable | 8.5B | 9.5B | 11.1B | 11.7B | 9.6B | 5.4B | |
Short Term Investments | 2.0B | 11.2B | 17.1B | 9.4B | 1.1B | 1.0B | |
Property Plant And Equipment Gross | 18.6B | 18.8B | 47.7B | 49.3B | 47.8B | 50.2B | |
Accumulated Other Comprehensive Income | (15.9B) | (15.2B) | (13.1B) | (13.0B) | (12.5B) | (11.9B) | |
Other Liab | 35.1B | 35.4B | 31.8B | 26.6B | 30.6B | 18.8B | |
Other Assets | 11.4B | 3.9B | 17.2B | 17.0B | 19.6B | 20.6B | |
Long Term Debt | 26.5B | 32.6B | 30.0B | 26.9B | 25.9B | 15.4B | |
Good Will | 33.6B | 36.4B | 35.2B | 45.2B | 36.6B | 21.9B | |
Treasury Stock | (38.4B) | (38.5B) | (39.1B) | (41.7B) | (75.7B) | (71.9B) | |
Property Plant Equipment | 17.7B | 18.8B | 19.0B | 19.8B | 22.8B | 15.8B | |
Current Deferred Revenue | 1.9B | 7.6B | 7.8B | 3.0B | 3.4B | 4.5B | |
Net Tangible Assets | (21.8B) | (26.5B) | (13.1B) | (16.8B) | (15.1B) | (14.3B) | |
Retained Earnings Total Equity | 110.7B | 113.9B | 123.1B | 128.3B | 147.6B | 110.0B |
Johnson Johnson Investors Sentiment
The influence of Johnson Johnson's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Johnson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Johnson Johnson's public news can be used to forecast risks associated with an investment in Johnson. The trend in average sentiment can be used to explain how an investor holding Johnson can time the market purely based on public headlines and social activities around Johnson Johnson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Johnson Johnson's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Johnson Johnson's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Johnson Johnson's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Johnson Johnson.
Johnson Johnson Implied Volatility | 17.24 |
Johnson Johnson's implied volatility exposes the market's sentiment of Johnson Johnson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Johnson Johnson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Johnson Johnson stock will not fluctuate a lot when Johnson Johnson's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Johnson Johnson in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Johnson Johnson's short interest history, or implied volatility extrapolated from Johnson Johnson options trading.
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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 Johnson Johnson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Johnson Stock please use our How to buy in Johnson Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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When running Johnson Johnson's price analysis, check to measure Johnson Johnson'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 Johnson Johnson is operating at the current time. Most of Johnson Johnson's value examination focuses on studying past and present price action to predict the probability of Johnson Johnson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Johnson's price. Additionally, you may evaluate how the addition of Johnson Johnson to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Johnson'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 Johnson Johnson. If investors know Johnson 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 Johnson Johnson 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 0.106 | Dividend Share 4.76 | Earnings Share 7.42 | Revenue Per Share 34.402 | Quarterly Revenue Growth (0.14) |
The market value of Johnson Johnson is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Johnson's value that differs from its market value or its book value, called intrinsic value, which is Johnson Johnson'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 Johnson Johnson's market value can be influenced by many factors that don't directly affect Johnson Johnson'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 Johnson Johnson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Johnson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Johnson'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.