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 Total Current Assets and its Total Assets 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jilin Jlu Communication Total Current Assets account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Jilin Jlu's Total Current Assets and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets 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 Total Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Jilin Jlu Communication are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Jilin Jlu's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Assets
Total assets refers to the total amount of Jilin Jlu assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jilin Jlu Communication books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
MJilin Jlu fundamental ratios Correlations
Click cells to compare fundamentals
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
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.