Jointo Change In Cash vs Net Borrowings Analysis

000600 Stock   5.26  0.01  0.19%   
Jointo Energy financial indicator trend analysis is infinitely more than just investigating Jointo Energy Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jointo Energy Investment is a good investment. Please check the relationship between Jointo Energy Change In Cash and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jointo Energy Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change In Cash vs Net Borrowings

Change In Cash vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jointo Energy Investment Change In Cash account and Net Borrowings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jointo Energy's Change In Cash and Net Borrowings is 0.47. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Jointo Energy Investment, assuming nothing else is changed. The correlation between historical values of Jointo Energy's Change In Cash and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Jointo Energy Investment are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Cash i.e., Jointo Energy's Change In Cash and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Change In Cash

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Jointo Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jointo Energy Investment 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Jointo Energy Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 756.1 M. The current year's Tax Provision is expected to grow to about 111 M

Jointo Energy fundamental ratios Correlations

0.060.770.730.560.880.580.80.870.930.890.290.970.930.760.99-0.640.94-0.55-0.760.62-0.690.680.830.80.75
0.060.380.480.620.060.65-0.33-0.25-0.06-0.260.86-0.08-0.080.440.12-0.30.190.51-0.16-0.020.280.390.090.18-0.41
0.770.380.860.750.670.680.450.490.740.560.480.690.650.860.8-0.640.79-0.15-0.820.58-0.280.790.740.850.52
0.730.480.860.930.610.640.340.370.640.40.610.560.640.960.73-0.560.84-0.04-0.670.49-0.180.680.590.710.37
0.560.620.750.930.440.560.140.110.520.20.740.360.490.810.58-0.420.750.25-0.570.42-0.140.750.470.650.12
0.880.060.670.610.440.510.630.80.740.780.230.870.710.680.91-0.80.76-0.46-0.450.36-0.570.450.590.560.57
0.580.650.680.640.560.510.310.430.380.420.720.530.470.70.58-0.530.55-0.16-0.520.39-0.060.510.640.520.28
0.8-0.330.450.340.140.630.310.890.790.94-0.150.870.910.370.73-0.240.7-0.8-0.650.7-0.640.420.840.610.9
0.87-0.250.490.370.110.80.430.890.780.95-0.070.950.850.480.84-0.530.69-0.84-0.580.55-0.650.330.750.550.85
0.93-0.060.740.640.520.740.380.790.780.850.140.910.920.610.9-0.440.93-0.55-0.860.63-0.780.780.850.890.79
0.89-0.260.560.40.20.780.420.940.950.85-0.050.960.90.450.85-0.430.75-0.78-0.670.65-0.720.490.850.680.9
0.290.860.480.610.740.230.72-0.15-0.070.14-0.050.120.150.550.33-0.420.390.46-0.260.180.040.520.230.3-0.24
0.97-0.080.690.560.360.870.530.870.950.910.960.120.920.620.95-0.610.85-0.7-0.730.62-0.710.580.840.740.83
0.93-0.080.650.640.490.710.470.910.850.920.90.150.920.630.87-0.360.91-0.64-0.80.75-0.690.650.890.790.85
0.760.440.860.960.810.680.70.370.480.610.450.550.620.630.77-0.680.79-0.17-0.620.44-0.150.560.570.640.42
0.990.120.80.730.580.910.580.730.840.90.850.330.950.870.77-0.750.91-0.48-0.730.58-0.650.670.770.770.69
-0.64-0.3-0.64-0.56-0.42-0.8-0.53-0.24-0.53-0.44-0.43-0.42-0.61-0.36-0.68-0.75-0.480.110.3-0.210.19-0.31-0.29-0.33-0.21
0.940.190.790.840.750.760.550.70.690.930.750.390.850.910.790.91-0.48-0.4-0.820.61-0.630.810.820.880.65
-0.550.51-0.15-0.040.25-0.46-0.16-0.8-0.84-0.55-0.780.46-0.7-0.64-0.17-0.480.11-0.40.39-0.310.53-0.03-0.57-0.34-0.84
-0.76-0.16-0.82-0.67-0.57-0.45-0.52-0.65-0.58-0.86-0.67-0.26-0.73-0.8-0.62-0.730.3-0.820.39-0.740.46-0.85-0.89-0.94-0.69
0.62-0.020.580.490.420.360.390.70.550.630.650.180.620.750.440.58-0.210.61-0.31-0.74-0.290.530.780.610.68
-0.690.28-0.28-0.18-0.14-0.57-0.06-0.64-0.65-0.78-0.720.04-0.71-0.69-0.15-0.650.19-0.630.530.46-0.29-0.52-0.54-0.56-0.62
0.680.390.790.680.750.450.510.420.330.780.490.520.580.650.560.67-0.310.81-0.03-0.850.53-0.520.750.930.38
0.830.090.740.590.470.590.640.840.750.850.850.230.840.890.570.77-0.290.82-0.57-0.890.78-0.540.750.870.8
0.80.180.850.710.650.560.520.610.550.890.680.30.740.790.640.77-0.330.88-0.34-0.940.61-0.560.930.870.64
0.75-0.410.520.370.120.570.280.90.850.790.9-0.240.830.850.420.69-0.210.65-0.84-0.690.68-0.620.380.80.64
Click cells to compare fundamentals

Jointo Energy Account Relationship Matchups

Jointo Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets33.9B38.5B36.6B38.5B44.3B46.5B
Other Current Liab1.3B1.5B335.7M24.4M28.1M26.7M
Total Current Liabilities10.6B9.0B8.2B9.3B10.7B5.5B
Total Stockholder Equity12.2B9.6B9.8B9.9B11.4B5.9B
Retained Earnings6.0B3.4B2.7B2.8B3.2B2.1B
Accounts Payable2.2B2.5B2.5B2.6B3.0B3.1B
Cash1.9B3.6B1.3B1.6B1.8B1.1B
Other Assets123.8M70.1M602.5M841.8M968.1M1.0B
Long Term Debt7.6B15.5B14.2B14.9B17.1B17.9B
Net Receivables2.2B2.1B2.3B2.7B3.1B3.2B
Inventory603.3M962.6M800.3M999.8M1.1B1.2B
Other Current Assets1.5B1.3B234.8M289.8M333.3M604.7M
Total Liab19.2B26.4B24.2B26.0B29.9B31.4B
Intangible Assets1.4B1.5B1.5B1.6B1.9B2.0B
Property Plant Equipment20.0B20.2B20.6B22.0B25.3B26.5B
Other Liab1.0B1.0B1.1B1.1B1.2B1.3B
Net Tangible Assets10.1B10.5B11.1B8.1B7.3B8.0B
Deferred Long Term Liab7.1M29.6M41.1M24.7M28.5M17.3M
Short Long Term Debt4.6B3.3B2.4B2.4B2.7B3.5B
Total Current Assets7.0B9.1B6.6B6.9B7.9B6.7B
Non Current Assets Total27.3B29.4B30.0B31.6B36.3B30.4B
Non Currrent Assets Other575.2M226.4M481.5M277.7M319.3M262.3M
Non Current Liabilities Total9.5B17.4B15.9B16.6B19.1B12.8B
Non Current Liabilities Other7.5B13.3M7.9M10.0M9.0M8.6M
Net Debt10.4B15.2B15.4B15.7B18.0B13.4B
Net Invested Capital24.4B28.4B26.4B27.1B31.2B27.3B
Net Working Capital(3.1B)108.8M(1.7B)(2.4B)(2.8B)(2.9B)
Property Plant And Equipment Net19.2B22.0B22.0B23.8B27.4B23.6B
Property Plant And Equipment Gross36.0B42.5B43.7B46.8B53.8B45.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Jointo Stock

Balance Sheet is a snapshot of the financial position of Jointo Energy Investment at a specified time, usually calculated after every quarter, six months, or one year. Jointo Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jointo Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jointo currently owns. An asset can also be divided into two categories, current and non-current.