Jahen Total Liab vs Net Receivables 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 Total Liab and its Net Receivables 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.
Total Liab vs Net Receivables
Total Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jahen Household Products Total Liab account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jahen Household's Total Liab and Net Receivables is 0.87. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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 Total Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Jahen Household Products are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., Jahen Household's Total Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Receivables
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.