Jiangsu Total Stockholder Equity vs Total Current Liabilities Analysis

300651 Stock   14.15  0.04  0.28%   
Jiangsu Jinling financial indicator trend analysis is infinitely more than just investigating Jiangsu Jinling Sports recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Jinling Sports is a good investment. Please check the relationship between Jiangsu Jinling Total Stockholder Equity and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Jinling Sports. 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 Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jinling Sports Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangsu Jinling's Total Stockholder Equity and Total Current Liabilities is 0.57. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jiangsu Jinling Sports, assuming nothing else is changed. The correlation between historical values of Jiangsu Jinling's Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Jiangsu Jinling Sports are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Jiangsu Jinling's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Jiangsu Jinling balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jiangsu Jinling Sports 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.
Most indicators from Jiangsu Jinling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Jinling Sports 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 Jiangsu Jinling Sports. 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 Selling General Administrative is expected to grow to about 66.3 M, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit172.0M164.8M154.3M172.6M
Total Revenue547.3M474.4M513.9M495.5M

Jiangsu Jinling fundamental ratios Correlations

0.92-0.910.630.970.920.880.80.960.430.620.970.570.680.610.640.950.410.870.880.97-0.090.740.930.750.95
0.92-0.80.60.810.710.880.780.80.580.730.810.660.720.70.360.940.490.70.970.98-0.260.510.770.860.91
-0.91-0.8-0.6-0.88-0.88-0.88-0.68-0.89-0.43-0.68-0.89-0.62-0.63-0.7-0.63-0.89-0.28-0.73-0.79-0.870.22-0.67-0.91-0.78-0.92
0.630.6-0.60.570.580.540.660.470.60.410.620.270.290.320.560.690.360.580.650.610.320.40.570.380.56
0.970.81-0.880.570.960.780.750.990.240.520.990.50.670.520.740.850.370.930.740.90.040.840.940.620.89
0.920.71-0.880.580.960.790.740.950.230.40.980.320.490.40.860.820.330.850.680.810.040.850.940.550.85
0.880.88-0.880.540.780.790.790.790.550.560.810.480.550.580.490.930.40.560.910.9-0.380.50.840.810.93
0.80.78-0.680.660.750.740.790.690.340.260.80.320.620.260.650.760.630.630.760.750.050.620.780.550.72
0.960.8-0.890.470.990.950.790.690.230.540.970.530.640.560.690.850.290.890.720.89-0.050.850.940.650.89
0.430.58-0.430.60.240.230.550.340.230.550.270.360.050.510.020.670.090.080.730.56-0.4-0.050.380.60.56
0.620.73-0.680.410.520.40.560.260.540.550.490.840.60.960.060.670.140.460.710.72-0.460.260.450.880.65
0.970.81-0.890.620.990.980.810.80.970.270.490.450.630.480.790.870.40.910.750.890.050.840.950.620.89
0.570.66-0.620.270.50.320.480.320.530.360.840.450.720.94-0.020.59-0.030.450.590.65-0.360.290.450.790.58
0.680.72-0.630.290.670.490.550.620.640.050.60.630.720.60.260.540.590.670.570.68-0.070.50.560.660.6
0.610.7-0.70.320.520.40.580.260.560.510.960.480.940.60.030.68-0.040.420.680.7-0.520.280.490.890.66
0.640.36-0.630.560.740.860.490.650.690.020.060.79-0.020.260.030.510.330.70.340.460.320.830.750.20.52
0.950.94-0.890.690.850.820.930.760.850.670.670.870.590.540.680.510.320.690.960.97-0.250.560.880.820.96
0.410.49-0.280.360.370.330.40.630.290.090.140.4-0.030.59-0.040.330.320.40.420.40.140.280.310.280.32
0.870.7-0.730.580.930.850.560.630.890.080.460.910.450.670.420.70.690.40.580.780.310.820.770.440.71
0.880.97-0.790.650.740.680.910.760.720.730.710.750.590.570.680.340.960.420.580.95-0.340.410.750.860.91
0.970.98-0.870.610.90.810.90.750.890.560.720.890.650.680.70.460.970.40.780.95-0.230.60.860.830.96
-0.09-0.260.220.320.040.04-0.380.05-0.05-0.4-0.460.05-0.36-0.07-0.520.32-0.250.140.31-0.34-0.230.21-0.09-0.63-0.29
0.740.51-0.670.40.840.850.50.620.85-0.050.260.840.290.50.280.830.560.280.820.410.60.210.770.360.57
0.930.77-0.910.570.940.940.840.780.940.380.450.950.450.560.490.750.880.310.770.750.86-0.090.770.640.93
0.750.86-0.780.380.620.550.810.550.650.60.880.620.790.660.890.20.820.280.440.860.83-0.630.360.640.81
0.950.91-0.920.560.890.850.930.720.890.560.650.890.580.60.660.520.960.320.710.910.96-0.290.570.930.81
Click cells to compare fundamentals

Jiangsu Jinling Account Relationship Matchups

Jiangsu Jinling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets893.2M980.5M1.3B1.3B1.3B885.3M
Short Long Term Debt Total65.9M96.2M236.6M238.0M246.0M131.4M
Other Current Liab41.6M5.6M13.3M14.4M7.9M7.5M
Total Current Liabilities213.4M277.7M266.7M245.7M228.1M244.0M
Total Stockholder Equity669.2M686.4M739.3M765.5M815.1M565.9M
Property Plant And Equipment Net344.5M370.0M382.0M347.6M302.6M257.7M
Current Deferred Revenue35.3M98.2M138.6M133.0M105.2M64.8M
Net Debt20.4M44.5M95.2M98.1M6.8M6.5M
Retained Earnings311.5M319.7M332.3M355.3M399.7M280.3M
Accounts Payable70.6M77.7M101.4M93.4M107.5M84.9M
Cash45.4M51.7M141.4M140.0M239.2M251.1M
Non Current Assets Total487.2M507.5M562.1M561.3M520.1M400.7M
Non Currrent Assets Other7.5M27.2M2.7M281.2M327.5M343.8M
Other Assets1.019.4M18.8M63.2M72.6M76.3M
Cash And Short Term Investments45.4M71.7M141.4M343.7M489.9M514.4M
Net Receivables245.5M252.9M233.2M185.5M109.0M187.5M
Liabilities And Stockholders Equity893.2M980.5M1.3B1.3B1.3B885.3M
Inventory108.2M140.1M172.1M181.1M182.0M126.5M
Other Current Assets6.9M8.3M144.1M6.6M10.9M10.3M
Total Liab220.4M286.0M500.7M492.5M481.3M313.7M
Total Current Assets406.0M473.0M690.8M716.8M791.8M484.6M
Short Term Debt65.9M96.2M13.4M4.9M7.5M7.2M
Intangible Assets54.4M52.7M51.2M49.7M48.1M50.6M
Non Current Liabilities Total7.1M8.2M234.0M246.8M253.2M265.9M
Other Liab4.5M7.1M8.2M10.8M12.4M6.7M
Net Tangible Assets591.8M614.7M633.7M688.0M791.2M620.6M
Short Long Term Debt65.9M96.2M10.0M760K684K649.8K
Property Plant Equipment318.6M344.5M370.0M382.0M439.3M327.8M
Deferred Long Term Liab1.5M1.1M961.2K3.3M3.8M4.0M
Net Invested Capital735.0M782.6M968.4M994.3M1.1B948.4M
Net Working Capital192.6M195.3M424.1M471.1M563.6M353.6M
Short Term Investments(3.3M)20.0M(47.1M)203.8M250.8M263.3M

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Other Information on Investing in Jiangsu Stock

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