Jahen Other Current Liab vs Net Working Capital Analysis

300955 Stock   15.07  0.78  4.92%   
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 Other Current Liab and its Net Working Capital 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.

Other Current Liab vs Net Working Capital

Other Current Liab vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Other Current Liab account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jahen Household's Other Current Liab and Net Working Capital is -0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Working Capital 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 Other Current Liab and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Jahen Household Products are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Current Liab i.e., Jahen Household's Other Current Liab and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Net Working Capital

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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-0.90.69-0.88-0.85-0.83-0.9-0.84-0.94-0.44-0.74-0.89-0.91-0.58-0.28-0.94-0.9-0.88-0.69-0.89-0.24-0.81-0.98-0.86-0.980.69
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-0.580.46-0.58-0.53-0.54-0.57-0.59-0.58-0.3-0.53-0.61-0.91-0.480.32-0.62-0.58-0.65-0.51-0.61-0.27-0.51-0.65-0.710.69-0.66
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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.