Jahen Capital Lease Obligations vs Other Current Assets 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 Capital Lease Obligations and its Other Current Assets 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.
Capital Lease Obligations vs Other Current Assets
Capital Lease Obligations vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Capital Lease Obligations account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jahen Household's Capital Lease Obligations and Other Current Assets is -0.28. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Other Current Assets 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 Capital Lease Obligations and Other Current 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 Capital Lease Obligations of Jahen Household Products are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Capital Lease Obligations i.e., Jahen Household's Capital Lease Obligations and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
Jahen Household Products capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Jahen Household asset purchases. For example, Jahen Household can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Jahen Household control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expense | 7.3M | 6.8M | 9.3M | 9.9M | Interest Income | 1.1M | 1.0M | 1.1M | 948.3K |
Jahen Household fundamental ratios Correlations
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Jahen Household Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.