Jilin Cash vs Inventory Analysis

300597 Stock

9.58 0.05 0.52%

Jilin Jlu financial indicator trend analysis is infinitely more than just investigating Jilin Jlu Communication recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin Jlu Communication is a good investment. Please check the relationship between Jilin Jlu Cash and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Jlu Communication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Jlu Communication Cash account and Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Jilin Jlu's Cash and Inventory is 0.83. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Jilin Jlu Communication, assuming nothing else is changed. The correlation between historical values of Jilin Jlu's Cash and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jilin Jlu Communication are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash i.e., Jilin Jlu's Cash and Inventory go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Cash

Cash refers to the most liquid asset of Jilin Jlu Communication, which is listed under current asset account on Jilin Jlu Communication balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jilin Jlu customers. The amounts must be unrestricted with restricted cash listed in a different Jilin Jlu account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Inventory

Most indicators from Jilin Jlu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin Jlu Communication 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 Jilin Jlu Communication. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about (2.2 M). In addition to that, Selling General Administrative is expected to decline to about 24.4 M

	2021	2022	2023	2024 (projected)
Interest Income	3.5M	4.1M	5.7M	2.9M
Net Interest Income	3.2M	3.4M	2.8M	2.3M

Interest Income Net Interest Income

Jilin Jlu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		0.13	0.97	1.0	0.91	0.98	0.94	0.58	0.95	0.92	0.16	0.85	0.95	0.76	0.96	0.91	-0.77	0.98	0.67	0.99	0.87	0.96	0.93	0.7	0.87	0.77
Other Current Liab	0.13		0.16	0.15	-0.16	0.31	0.23	0.47	0.31	-0.1	-0.04	-0.05	0.28	-0.44	-0.01	0.12	0.06	0.13	-0.25	0.2	-0.15	0.28	0.04	-0.47	-0.3	-0.47
Total Current Liabilities	0.97	0.16		0.96	0.89	0.95	0.86	0.61	0.93	0.87	0.22	0.77	0.94	0.68	0.93	0.8	-0.66	1.0	0.58	0.97	0.83	0.96	0.93	0.71	0.82	0.71
Total Stockholder Equity	1.0	0.15	0.96		0.9	0.98	0.95	0.57	0.95	0.92	0.14	0.85	0.95	0.76	0.95	0.93	-0.78	0.96	0.68	0.99	0.86	0.96	0.91	0.68	0.86	0.77
Other Liab	0.91	-0.16	0.89	0.9		0.83	0.82	0.31	0.82	0.88	0.19	0.89	0.85	0.9	0.92	0.8	-0.83	0.9	0.8	0.89	0.96	0.86	0.85	0.85	0.92	0.9
Net Tangible Assets	0.98	0.31	0.95	0.98	0.83		0.93	0.61	0.97	0.85	0.11	0.8	0.95	0.62	0.9	0.88	-0.7	0.95	0.59	0.99	0.79	0.99	0.87	0.59	0.76	0.64
Retained Earnings	0.94	0.23	0.86	0.95	0.82	0.93		0.54	0.87	0.88	0.12	0.89	0.93	0.72	0.88	0.97	-0.76	0.87	0.74	0.92	0.84	0.87	0.84	0.54	0.8	0.72
Accounts Payable	0.58	0.47	0.61	0.57	0.31	0.61	0.54		0.7	0.34	0.14	0.15	0.71	0.13	0.4	0.45	-0.04	0.59	-0.13	0.63	0.16	0.58	0.49	-0.05	0.19	0.1
Cash	0.95	0.31	0.93	0.95	0.82	0.97	0.87	0.7		0.76	0.12	0.71	0.96	0.58	0.83	0.82	-0.64	0.93	0.48	0.98	0.73	0.98	0.8	0.51	0.69	0.59
Non Current Assets Total	0.92	-0.1	0.87	0.92	0.88	0.85	0.88	0.34	0.76		0.15	0.89	0.8	0.87	0.98	0.91	-0.84	0.89	0.81	0.87	0.9	0.81	0.95	0.82	0.97	0.88
Non Currrent Assets Other	0.16	-0.04	0.22	0.14	0.19	0.11	0.12	0.14	0.12	0.15		0.22	0.19	0.15	0.18	0.01	0.03	0.22	0.18	0.16	0.23	0.12	0.06	0.2	0.2	0.23
Other Assets	0.85	-0.05	0.77	0.85	0.89	0.8	0.89	0.15	0.71	0.89	0.22		0.78	0.85	0.88	0.88	-0.87	0.79	0.95	0.81	0.97	0.77	0.77	0.75	0.9	0.87
Net Receivables	0.95	0.28	0.94	0.95	0.85	0.95	0.93	0.71	0.96	0.8	0.19	0.78		0.65	0.85	0.86	-0.64	0.93	0.57	0.97	0.79	0.94	0.83	0.51	0.72	0.65
Non Current Liabilities Total	0.76	-0.44	0.68	0.76	0.9	0.62	0.72	0.13	0.58	0.87	0.15	0.85	0.65		0.84	0.78	-0.84	0.71	0.86	0.7	0.9	0.6	0.75	0.83	0.94	0.98
Inventory	0.96	-0.01	0.93	0.95	0.92	0.9	0.88	0.4	0.83	0.98	0.18	0.88	0.85	0.84		0.88	-0.83	0.95	0.76	0.92	0.91	0.88	0.97	0.82	0.95	0.85
Other Current Assets	0.91	0.12	0.8	0.93	0.8	0.88	0.97	0.45	0.82	0.91	0.01	0.88	0.86	0.78	0.88		-0.82	0.81	0.76	0.88	0.82	0.82	0.84	0.57	0.83	0.76
Other Stockholder Equity	-0.77	0.06	-0.66	-0.78	-0.83	-0.7	-0.76	-0.04	-0.64	-0.84	0.03	-0.87	-0.64	-0.84	-0.83	-0.82		-0.68	-0.85	-0.72	-0.86	-0.69	-0.72	-0.72	-0.84	-0.8
Total Liab	0.98	0.13	1.0	0.96	0.9	0.95	0.87	0.59	0.93	0.89	0.22	0.79	0.93	0.71	0.95	0.81	-0.68		0.6	0.97	0.84	0.96	0.94	0.73	0.85	0.73
Deferred Long Term Liab	0.67	-0.25	0.58	0.68	0.8	0.59	0.74	-0.13	0.48	0.81	0.18	0.95	0.57	0.86	0.76	0.76	-0.85	0.6		0.61	0.92	0.56	0.63	0.77	0.86	0.87
Total Current Assets	0.99	0.2	0.97	0.99	0.89	0.99	0.92	0.63	0.98	0.87	0.16	0.81	0.97	0.7	0.92	0.88	-0.72	0.97	0.61		0.83	0.98	0.89	0.64	0.81	0.71
Intangible Assets	0.87	-0.15	0.83	0.86	0.96	0.79	0.84	0.16	0.73	0.9	0.23	0.97	0.79	0.9	0.91	0.82	-0.86	0.84	0.92	0.83		0.8	0.81	0.85	0.94	0.91
Common Stock	0.96	0.28	0.96	0.96	0.86	0.99	0.87	0.58	0.98	0.81	0.12	0.77	0.94	0.6	0.88	0.82	-0.69	0.96	0.56	0.98	0.8		0.85	0.62	0.75	0.63
Property Plant Equipment	0.93	0.04	0.93	0.91	0.85	0.87	0.84	0.49	0.8	0.95	0.06	0.77	0.83	0.75	0.97	0.84	-0.72	0.94	0.63	0.89	0.81	0.85		0.76	0.88	0.75
Common Stock Shares Outstanding	0.7	-0.47	0.71	0.68	0.85	0.59	0.54	-0.05	0.51	0.82	0.2	0.75	0.51	0.83	0.82	0.57	-0.72	0.73	0.77	0.64	0.85	0.62	0.76		0.92	0.89
Net Invested Capital	0.87	-0.3	0.82	0.86	0.92	0.76	0.8	0.19	0.69	0.97	0.2	0.9	0.72	0.94	0.95	0.83	-0.84	0.85	0.86	0.81	0.94	0.75	0.88	0.92		0.96
Net Working Capital	0.77	-0.47	0.71	0.77	0.9	0.64	0.72	0.1	0.59	0.88	0.23	0.87	0.65	0.98	0.85	0.76	-0.8	0.73	0.87	0.71	0.91	0.63	0.75	0.89	0.96

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Jilin Jlu Account Relationship Matchups

Jilin Jlu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.1B	1.1B	1.4B	1.4B	1.2B
Other Current Liab	72.8M	53.8M	75.7M	33.3M	36.4M	44.3M
Total Current Liabilities	289.0M	266.3M	236.7M	295.0M	343.9M	292.0M
Total Stockholder Equity	803.2M	828.7M	854.1M	1.1B	1.1B	898.5M
Net Tangible Assets	760.4M	793.8M	819.6M	841.7M	968.0M	797.8M
Retained Earnings	349.3M	374.6M	402.4M	418.9M	372.7M	376.5M
Accounts Payable	175.0M	164.7M	111.2M	162.6M	107.9M	114.4M
Cash	335.2M	343.5M	310.5M	372.1M	387.5M	348.2M
Non Current Assets Total	115.0M	115.2M	153.4M	251.3M	261.6M	150.2M
Non Currrent Assets Other	406.1K	115.0M	26.1M	54.5M	57.1M	53.7M
Other Assets	12.7M	39.4M	41.6M	71.1M	81.8M	85.8M
Net Receivables	425.9M	422.5M	398.4M	439.3M	415.0M	441.7M
Inventory	211.1M	185.7M	221.3M	292.4M	322.8M	238.2M
Other Current Assets	5.3M	9.0M	11.6M	13.5M	9.8M	8.2M
Other Stockholder Equity	69.4K	633.2K	745.1K	(1.3M)	(1.2M)	(1.1M)
Total Liab	289.0M	266.3M	239.1M	307.3M	352.4M	295.2M
Deferred Long Term Liab	401.9K	1.1M	1.4M	2.4M	2.8M	2.9M
Total Current Assets	977.5M	979.9M	941.9M	1.1B	1.2B	1.0B
Intangible Assets	9.4M	9.0M	13.5M	19.3M	25.0M	26.2M
Property Plant Equipment	66.2M	64.5M	63.7M	105.5M	121.3M	70.5M
Net Invested Capital	803.2M	828.7M	856.6M	1.1B	1.2B	981.6M
Net Working Capital	688.5M	713.5M	705.2M	846.5M	831.6M	805.2M

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Other Information on Investing in Jilin Stock

Balance Sheet is a snapshot of the financial position of Jilin Jlu Communication at a specified time, usually calculated after every quarter, six months, or one year. Jilin Jlu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jilin Jlu 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 Jilin currently owns. An asset can also be divided into two categories, current and non-current.

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Jilin Cash vs Inventory Analysis

Cash vs Inventory

Cash vs Inventory Correlation Analysis

Correlation Coefficient

Cash

Inventory

Jilin Jlu fundamental ratios Correlations

Jilin Jlu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jilin Jlu fundamental ratios Accounts

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Other Information on Investing in Jilin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Net Tangible Assets
Common Stock	+ 0.99	Net Tangible Assets

Other Stockholder Equity	- 0.87	Other Assets
Intangible Assets	- 0.86	Other Stockholder Equity
Deferred Long Term Liab	- 0.85	Other Stockholder Equity
Net Invested Capital	- 0.84	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Non Current Liabilities Total
Other Stockholder Equity	- 0.84	Non Current Assets Total