Jilin Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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 Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Jlu Communication Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jilin Jlu's Total Current Liabilities and Other Stockholder Equity is -0.66. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Liabilities and Other Stockholder Equity 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 Liabilities of Jilin Jlu Communication are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., Jilin Jlu's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Total Current Liabilities

Total Current Liabilities is an item on Jilin Jlu balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jilin Jlu Communication are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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 Income3.5M4.1M5.7M2.9M
Net Interest Income3.2M3.4M2.8M2.3M

Jilin Jlu fundamental ratios Correlations

0.130.971.00.910.980.940.580.950.920.160.850.950.760.960.91-0.770.980.670.990.870.960.930.70.870.77
0.130.160.15-0.160.310.230.470.31-0.1-0.04-0.050.28-0.44-0.010.120.060.13-0.250.2-0.150.280.04-0.47-0.3-0.47
0.970.160.960.890.950.860.610.930.870.220.770.940.680.930.8-0.661.00.580.970.830.960.930.710.820.71
1.00.150.960.90.980.950.570.950.920.140.850.950.760.950.93-0.780.960.680.990.860.960.910.680.860.77
0.91-0.160.890.90.830.820.310.820.880.190.890.850.90.920.8-0.830.90.80.890.960.860.850.850.920.9
0.980.310.950.980.830.930.610.970.850.110.80.950.620.90.88-0.70.950.590.990.790.990.870.590.760.64
0.940.230.860.950.820.930.540.870.880.120.890.930.720.880.97-0.760.870.740.920.840.870.840.540.80.72
0.580.470.610.570.310.610.540.70.340.140.150.710.130.40.45-0.040.59-0.130.630.160.580.49-0.050.190.1
0.950.310.930.950.820.970.870.70.760.120.710.960.580.830.82-0.640.930.480.980.730.980.80.510.690.59
0.92-0.10.870.920.880.850.880.340.760.150.890.80.870.980.91-0.840.890.810.870.90.810.950.820.970.88
0.16-0.040.220.140.190.110.120.140.120.150.220.190.150.180.010.030.220.180.160.230.120.060.20.20.23
0.85-0.050.770.850.890.80.890.150.710.890.220.780.850.880.88-0.870.790.950.810.970.770.770.750.90.87
0.950.280.940.950.850.950.930.710.960.80.190.780.650.850.86-0.640.930.570.970.790.940.830.510.720.65
0.76-0.440.680.760.90.620.720.130.580.870.150.850.650.840.78-0.840.710.860.70.90.60.750.830.940.98
0.96-0.010.930.950.920.90.880.40.830.980.180.880.850.840.88-0.830.950.760.920.910.880.970.820.950.85
0.910.120.80.930.80.880.970.450.820.910.010.880.860.780.88-0.820.810.760.880.820.820.840.570.830.76
-0.770.06-0.66-0.78-0.83-0.7-0.76-0.04-0.64-0.840.03-0.87-0.64-0.84-0.83-0.82-0.68-0.85-0.72-0.86-0.69-0.72-0.72-0.84-0.8
0.980.131.00.960.90.950.870.590.930.890.220.790.930.710.950.81-0.680.60.970.840.960.940.730.850.73
0.67-0.250.580.680.80.590.74-0.130.480.810.180.950.570.860.760.76-0.850.60.610.920.560.630.770.860.87
0.990.20.970.990.890.990.920.630.980.870.160.810.970.70.920.88-0.720.970.610.830.980.890.640.810.71
0.87-0.150.830.860.960.790.840.160.730.90.230.970.790.90.910.82-0.860.840.920.830.80.810.850.940.91
0.960.280.960.960.860.990.870.580.980.810.120.770.940.60.880.82-0.690.960.560.980.80.850.620.750.63
0.930.040.930.910.850.870.840.490.80.950.060.770.830.750.970.84-0.720.940.630.890.810.850.760.880.75
0.7-0.470.710.680.850.590.54-0.050.510.820.20.750.510.830.820.57-0.720.730.770.640.850.620.760.920.89
0.87-0.30.820.860.920.760.80.190.690.970.20.90.720.940.950.83-0.840.850.860.810.940.750.880.920.96
0.77-0.470.710.770.90.640.720.10.590.880.230.870.650.980.850.76-0.80.730.870.710.910.630.750.890.96
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Jilin Jlu Account Relationship Matchups

Jilin Jlu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.4B1.4B1.2B
Other Current Liab72.8M53.8M75.7M33.3M36.4M44.3M
Total Current Liabilities289.0M266.3M236.7M295.0M343.9M292.0M
Total Stockholder Equity803.2M828.7M854.1M1.1B1.1B898.5M
Net Tangible Assets760.4M793.8M819.6M841.7M968.0M797.8M
Retained Earnings349.3M374.6M402.4M418.9M372.7M376.5M
Accounts Payable175.0M164.7M111.2M162.6M107.9M114.4M
Cash335.2M343.5M310.5M372.1M387.5M348.2M
Non Current Assets Total115.0M115.2M153.4M251.3M261.6M150.2M
Non Currrent Assets Other406.1K115.0M26.1M54.5M57.1M53.7M
Other Assets12.7M39.4M41.6M71.1M81.8M85.8M
Net Receivables425.9M422.5M398.4M439.3M415.0M441.7M
Inventory211.1M185.7M221.3M292.4M322.8M238.2M
Other Current Assets5.3M9.0M11.6M13.5M9.8M8.2M
Other Stockholder Equity69.4K633.2K745.1K(1.3M)(1.2M)(1.1M)
Total Liab289.0M266.3M239.1M307.3M352.4M295.2M
Deferred Long Term Liab401.9K1.1M1.4M2.4M2.8M2.9M
Total Current Assets977.5M979.9M941.9M1.1B1.2B1.0B
Intangible Assets9.4M9.0M13.5M19.3M25.0M26.2M
Property Plant Equipment66.2M64.5M63.7M105.5M121.3M70.5M
Net Invested Capital803.2M828.7M856.6M1.1B1.2B981.6M
Net Working Capital688.5M713.5M705.2M846.5M831.6M805.2M

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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.