Jahen Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.
Retained Earnings vs Cash
Retained Earnings vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Retained Earnings account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jahen Household's Retained Earnings and Cash is 0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Jahen Household Products are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Jahen Household's Retained Earnings and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Cash
Cash refers to the most liquid asset of Jahen Household Products, which is listed under current asset account on Jahen Household Products balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jahen Household customers. The amounts must be unrestricted with restricted cash listed in a different Jahen Household account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Click cells to compare fundamentals
Jahen Household Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
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.