Jointo Depreciation vs Change In Working Capital 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 Depreciation and its Change In Working Capital 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.

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jointo Energy Investment Depreciation account and Change In Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jointo Energy's Depreciation and Change In Working Capital is 0.71. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Working Capital 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 Depreciation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Jointo Energy Investment are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Depreciation i.e., Jointo Energy's Depreciation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Depreciation

Depreciation indicates how much of Jointo Energy Investment value has been used up. For tax purposes Jointo Energy can deduct the cost of the tangible assets it purchases as business expenses. However, Jointo Energy Investment must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.06	0.77	0.73	0.56	0.88	0.58	0.8	0.87	0.93	0.89	0.29	0.97	0.93	0.76	0.99	-0.64	0.94	-0.55	-0.76	0.62	-0.69	0.68	0.83	0.8	0.75
Other Current Liab	0.06		0.38	0.48	0.62	0.06	0.65	-0.33	-0.25	-0.06	-0.26	0.86	-0.08	-0.08	0.44	0.12	-0.3	0.19	0.51	-0.16	-0.02	0.28	0.39	0.09	0.18	-0.41
Total Current Liabilities	0.77	0.38		0.86	0.75	0.67	0.68	0.45	0.49	0.74	0.56	0.48	0.69	0.65	0.86	0.8	-0.64	0.79	-0.15	-0.82	0.58	-0.28	0.79	0.74	0.85	0.52
Total Stockholder Equity	0.73	0.48	0.86		0.93	0.61	0.64	0.34	0.37	0.64	0.4	0.61	0.56	0.64	0.96	0.73	-0.56	0.84	-0.04	-0.67	0.49	-0.18	0.68	0.59	0.71	0.37
Retained Earnings	0.56	0.62	0.75	0.93		0.44	0.56	0.14	0.11	0.52	0.2	0.74	0.36	0.49	0.81	0.58	-0.42	0.75	0.25	-0.57	0.42	-0.14	0.75	0.47	0.65	0.12
Accounts Payable	0.88	0.06	0.67	0.61	0.44		0.51	0.63	0.8	0.74	0.78	0.23	0.87	0.71	0.68	0.91	-0.8	0.76	-0.46	-0.45	0.36	-0.57	0.45	0.59	0.56	0.57
Cash	0.58	0.65	0.68	0.64	0.56	0.51		0.31	0.43	0.38	0.42	0.72	0.53	0.47	0.7	0.58	-0.53	0.55	-0.16	-0.52	0.39	-0.06	0.51	0.64	0.52	0.28
Other Assets	0.8	-0.33	0.45	0.34	0.14	0.63	0.31		0.89	0.79	0.94	-0.15	0.87	0.91	0.37	0.73	-0.24	0.7	-0.8	-0.65	0.7	-0.64	0.42	0.84	0.61	0.9
Long Term Debt	0.87	-0.25	0.49	0.37	0.11	0.8	0.43	0.89		0.78	0.95	-0.07	0.95	0.85	0.48	0.84	-0.53	0.69	-0.84	-0.58	0.55	-0.65	0.33	0.75	0.55	0.85
Net Receivables	0.93	-0.06	0.74	0.64	0.52	0.74	0.38	0.79	0.78		0.85	0.14	0.91	0.92	0.61	0.9	-0.44	0.93	-0.55	-0.86	0.63	-0.78	0.78	0.85	0.89	0.79
Inventory	0.89	-0.26	0.56	0.4	0.2	0.78	0.42	0.94	0.95	0.85		-0.05	0.96	0.9	0.45	0.85	-0.43	0.75	-0.78	-0.67	0.65	-0.72	0.49	0.85	0.68	0.9
Other Current Assets	0.29	0.86	0.48	0.61	0.74	0.23	0.72	-0.15	-0.07	0.14	-0.05		0.12	0.15	0.55	0.33	-0.42	0.39	0.46	-0.26	0.18	0.04	0.52	0.23	0.3	-0.24
Total Liab	0.97	-0.08	0.69	0.56	0.36	0.87	0.53	0.87	0.95	0.91	0.96	0.12		0.92	0.62	0.95	-0.61	0.85	-0.7	-0.73	0.62	-0.71	0.58	0.84	0.74	0.83
Intangible Assets	0.93	-0.08	0.65	0.64	0.49	0.71	0.47	0.91	0.85	0.92	0.9	0.15	0.92		0.63	0.87	-0.36	0.91	-0.64	-0.8	0.75	-0.69	0.65	0.89	0.79	0.85
Common Stock	0.76	0.44	0.86	0.96	0.81	0.68	0.7	0.37	0.48	0.61	0.45	0.55	0.62	0.63		0.77	-0.68	0.79	-0.17	-0.62	0.44	-0.15	0.56	0.57	0.64	0.42
Property Plant Equipment	0.99	0.12	0.8	0.73	0.58	0.91	0.58	0.73	0.84	0.9	0.85	0.33	0.95	0.87	0.77		-0.75	0.91	-0.48	-0.73	0.58	-0.65	0.67	0.77	0.77	0.69
Short Term Investments	-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		-0.48	0.11	0.3	-0.21	0.19	-0.31	-0.29	-0.33	-0.21
Other Liab	0.94	0.19	0.79	0.84	0.75	0.76	0.55	0.7	0.69	0.93	0.75	0.39	0.85	0.91	0.79	0.91	-0.48		-0.4	-0.82	0.61	-0.63	0.81	0.82	0.88	0.65
Net Tangible Assets	-0.55	0.51	-0.15	-0.04	0.25	-0.46	-0.16	-0.8	-0.84	-0.55	-0.78	0.46	-0.7	-0.64	-0.17	-0.48	0.11	-0.4		0.39	-0.31	0.53	-0.03	-0.57	-0.34	-0.84
Other Stockholder Equity	-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	-0.73	0.3	-0.82	0.39		-0.74	0.46	-0.85	-0.89	-0.94	-0.69
Deferred Long Term Liab	0.62	-0.02	0.58	0.49	0.42	0.36	0.39	0.7	0.55	0.63	0.65	0.18	0.62	0.75	0.44	0.58	-0.21	0.61	-0.31	-0.74		-0.29	0.53	0.78	0.61	0.68
Long Term Investments	-0.69	0.28	-0.28	-0.18	-0.14	-0.57	-0.06	-0.64	-0.65	-0.78	-0.72	0.04	-0.71	-0.69	-0.15	-0.65	0.19	-0.63	0.53	0.46	-0.29		-0.52	-0.54	-0.56	-0.62
Short Long Term Debt	0.68	0.39	0.79	0.68	0.75	0.45	0.51	0.42	0.33	0.78	0.49	0.52	0.58	0.65	0.56	0.67	-0.31	0.81	-0.03	-0.85	0.53	-0.52		0.75	0.93	0.38
Total Current Assets	0.83	0.09	0.74	0.59	0.47	0.59	0.64	0.84	0.75	0.85	0.85	0.23	0.84	0.89	0.57	0.77	-0.29	0.82	-0.57	-0.89	0.78	-0.54	0.75		0.87	0.8
Short Term Debt	0.8	0.18	0.85	0.71	0.65	0.56	0.52	0.61	0.55	0.89	0.68	0.3	0.74	0.79	0.64	0.77	-0.33	0.88	-0.34	-0.94	0.61	-0.56	0.93	0.87		0.64
Non Current Assets Total	0.75	-0.41	0.52	0.37	0.12	0.57	0.28	0.9	0.85	0.79	0.9	-0.24	0.83	0.85	0.42	0.69	-0.21	0.65	-0.84	-0.69	0.68	-0.62	0.38	0.8	0.64

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Jointo Energy Account Relationship Matchups

Jointo Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	33.9B	38.5B	36.6B	38.5B	44.3B	46.5B
Other Current Liab	1.3B	1.5B	335.7M	24.4M	28.1M	26.7M
Total Current Liabilities	10.6B	9.0B	8.2B	9.3B	10.7B	5.5B
Total Stockholder Equity	12.2B	9.6B	9.8B	9.9B	11.4B	5.9B
Retained Earnings	6.0B	3.4B	2.7B	2.8B	3.2B	2.1B
Accounts Payable	2.2B	2.5B	2.5B	2.6B	3.0B	3.1B
Cash	1.9B	3.6B	1.3B	1.6B	1.8B	1.1B
Other Assets	123.8M	70.1M	602.5M	841.8M	968.1M	1.0B
Long Term Debt	7.6B	15.5B	14.2B	14.9B	17.1B	17.9B
Net Receivables	2.2B	2.1B	2.3B	2.7B	3.1B	3.2B
Inventory	603.3M	962.6M	800.3M	999.8M	1.1B	1.2B
Other Current Assets	1.5B	1.3B	234.8M	289.8M	333.3M	604.7M
Total Liab	19.2B	26.4B	24.2B	26.0B	29.9B	31.4B
Intangible Assets	1.4B	1.5B	1.5B	1.6B	1.9B	2.0B
Property Plant Equipment	20.0B	20.2B	20.6B	22.0B	25.3B	26.5B
Other Liab	1.0B	1.0B	1.1B	1.1B	1.2B	1.3B
Net Tangible Assets	10.1B	10.5B	11.1B	8.1B	7.3B	8.0B
Deferred Long Term Liab	7.1M	29.6M	41.1M	24.7M	28.5M	17.3M
Short Long Term Debt	4.6B	3.3B	2.4B	2.4B	2.7B	3.5B
Total Current Assets	7.0B	9.1B	6.6B	6.9B	7.9B	6.7B
Non Current Assets Total	27.3B	29.4B	30.0B	31.6B	36.3B	30.4B
Non Currrent Assets Other	575.2M	226.4M	481.5M	277.7M	319.3M	262.3M
Non Current Liabilities Total	9.5B	17.4B	15.9B	16.6B	19.1B	12.8B
Non Current Liabilities Other	7.5B	13.3M	7.9M	10.0M	9.0M	8.6M
Net Debt	10.4B	15.2B	15.4B	15.7B	18.0B	13.4B
Net Invested Capital	24.4B	28.4B	26.4B	27.1B	31.2B	27.3B
Net Working Capital	(3.1B)	108.8M	(1.7B)	(2.4B)	(2.8B)	(2.9B)
Property Plant And Equipment Net	19.2B	22.0B	22.0B	23.8B	27.4B	23.6B
Property Plant And Equipment Gross	36.0B	42.5B	43.7B	46.8B	53.8B	45.0B

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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.

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Jointo Depreciation vs Change In Working Capital Analysis

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Depreciation

Change In Working Capital

Jointo Energy fundamental ratios Correlations

Jointo Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jointo Energy fundamental ratios Accounts

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Other Information on Investing in Jointo Stock

COMMON DESTINATIONS

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COMPANY

Property Plant Equipment	+ 0.99	Total Assets
Total Liab	+ 0.97	Total Assets
Common Stock	+ 0.96	Total Stockholder Equity
Total Liab	+ 0.96	Inventory
Inventory	+ 0.95	Long Term Debt
Total Liab	+ 0.95	Long Term Debt

Short Term Debt	- 0.94	Other Stockholder Equity
Total Current Assets	- 0.89	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Net Receivables
Short Long Term Debt	- 0.85	Other Stockholder Equity
Non Current Assets Total	- 0.84	Net Tangible Assets
Net Tangible Assets	- 0.84	Long Term Debt