Jahen Accounts Payable vs Non Current Assets Total Analysis

300955 Stock   15.87  0.37  2.39%   
Jahen Household financial indicator trend analysis is infinitely more than just investigating Jahen Household Products recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jahen Household Products is a good investment. Please check the relationship between Jahen Household Accounts Payable and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jahen Household Products. 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.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jahen Household's Accounts Payable and Non Current Assets Total is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jahen Household Products, assuming nothing else is changed. The correlation between historical values of Jahen Household's Accounts Payable and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jahen Household Products are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Jahen Household's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Jahen Household obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jahen Household Products are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Jahen Household's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jahen Household Products 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 Jahen Household Products. 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 49.2 M, whereas Tax Provision is projected to grow to (1.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense7.3M6.8M9.3M9.9M
Interest Income1.1M1.0M1.1M948.3K

Jahen Household fundamental ratios Correlations

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0.39-0.320.390.470.410.380.30.360.510.380.31-0.070.360.230.390.340.420.310.330.510.31-0.05-0.280.280.32
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0.59-0.620.530.690.630.450.620.470.960.690.610.310.730.330.390.590.580.830.610.730.390.37-0.240.38-0.27
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Jahen Household Account Relationship Matchups

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Other Information on Investing in Jahen Stock

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