Jerash Other Current Assets from 2010 to 2024

JRSH Stock  USD 3.37  0.06  1.81%   
Jerash Holdings' Other Current Assets are increasing with slightly volatile movements from year to year. Other Current Assets are predicted to flatten to about 3.4 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2016-03-31
Previous Quarter
6.1 M
Current Value
9.2 M
Quarterly Volatility
1.7 M
 
Yuan Drop
 
Covid
Check Jerash Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jerash Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 1.3 M or Selling General Administrative of 11.3 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0682 or PTB Ratio of 0.56. Jerash financial statements analysis is a perfect complement when working with Jerash Holdings Valuation or Volatility modules.
  
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.

Latest Jerash Holdings' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Jerash Holdings over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Jerash Holdings' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Jerash Holdings' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Jerash Other Current Assets Regression Statistics

Arithmetic Mean2,510,144
Geometric Mean1,967,505
Coefficient Of Variation71.13
Mean Deviation1,520,065
Median1,533,868
Standard Deviation1,785,373
Sample Variance3.2T
Range4.9M
R-Value0.86
Mean Square Error874.3B
R-Squared0.75
Significance0.000034
Slope344,655
Total Sum of Squares44.6T

Jerash Other Current Assets History

20243.4 M
20235.8 M
20224.5 M
20214.5 M
20205.4 M
20192.8 M
20182.6 M

About Jerash Holdings Financial Statements

Investors use fundamental indicators, such as Jerash Holdings' Other Current Assets, to determine how well the company is positioned to perform in the future. Although Jerash Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Current Assets5.8 M3.4 M

Currently Active Assets on Macroaxis

When determining whether Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out the analysis of Jerash Holdings Correlation against competitors.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Apparel, Accessories & Luxury Goods 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings 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
(0.74)
Earnings Share
(0.29)
Revenue Per Share
10.036
Quarterly Revenue Growth
0.178
Return On Assets
(0.02)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.