Jahen Short Long Term Debt vs Accounts Payable 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 Short Long Term Debt and its Accounts Payable 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.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jahen Household's Short Long Term Debt and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Jahen Household Products are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Jahen Household's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.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.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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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.