Jiujiang Capital Expenditures vs Depreciation Analysis

301190 Stock

16.15 0.23 1.44%

Jiujiang Shanshui financial indicator trend analysis is infinitely more than just investigating Jiujiang Shanshui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiujiang Shanshui is a good investment. Please check the relationship between Jiujiang Shanshui Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiujiang Shanshui Technology. 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 Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jiujiang Shanshui's Capital Expenditures and Depreciation is 0.79. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of Jiujiang Shanshui Technology, assuming nothing else is changed. The correlation between historical values of Jiujiang Shanshui's Capital Expenditures and Depreciation 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 Expenditures of Jiujiang Shanshui Technology are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., Jiujiang Shanshui's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

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Capital Expenditures

Capital Expenditures are funds used by Jiujiang Shanshui to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jiujiang Shanshui operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Depreciation

Depreciation indicates how much of Jiujiang Shanshui value has been used up. For tax purposes Jiujiang Shanshui can deduct the cost of the tangible assets it purchases as business expenses. However, Jiujiang Shanshui Technology must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Jiujiang Shanshui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiujiang Shanshui 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 Jiujiang Shanshui Technology. 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 Tax Provision is expected to grow to about 16.2 M. The current year's Selling General Administrative is expected to grow to about 24.5 M

	2022	2023	2024 (projected)
Interest Expense	1.9M	1.9M	1.4M
Interest Income	26.0M	36.9M	38.7M

Interest Expense Interest Income

Jiujiang Shanshui fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Long Term Debt
Total Assets		0.73	0.66	1.0	0.98	0.57	0.99	0.74	0.53	-0.08	0.98	0.84	0.7	0.92	0.55	0.82	1.0	0.99	0.98	0.98	0.84	0.77	0.97	0.79	-0.51
Other Current Liab	0.73		0.91	0.7	0.62	0.77	0.72	0.7	-0.1	0.5	0.82	0.25	0.16	0.82	0.68	0.93	0.69	0.7	0.82	0.64	0.47	0.74	0.6	0.75	-0.64
Total Current Liabilities	0.66	0.91		0.61	0.59	0.83	0.59	0.78	-0.02	0.56	0.78	0.23	-0.03	0.77	0.89	0.97	0.6	0.57	0.78	0.5	0.45	0.9	0.45	0.9	-0.63
Total Stockholder Equity	1.0	0.7	0.61		0.98	0.53	0.99	0.72	0.56	-0.13	0.97	0.86	0.74	0.91	0.51	0.79	1.0	1.0	0.97	0.99	0.84	0.74	0.98	0.76	-0.49
Retained Earnings	0.98	0.62	0.59	0.98		0.56	0.95	0.75	0.58	-0.11	0.95	0.91	0.7	0.91	0.59	0.76	0.98	0.97	0.95	0.96	0.92	0.75	0.95	0.77	-0.52
Accounts Payable	0.57	0.77	0.83	0.53	0.56		0.49	0.93	-0.04	0.49	0.7	0.29	-0.16	0.68	0.82	0.81	0.52	0.5	0.7	0.43	0.49	0.81	0.4	0.81	-0.95
Cash	0.99	0.72	0.59	0.99	0.95	0.49		0.67	0.52	-0.14	0.95	0.81	0.76	0.89	0.44	0.77	0.99	1.0	0.95	0.99	0.79	0.69	0.98	0.71	-0.46
Non Current Assets Total	0.74	0.7	0.78	0.72	0.75	0.93	0.67		0.32	0.18	0.83	0.58	0.12	0.74	0.77	0.82	0.71	0.68	0.83	0.63	0.64	0.9	0.62	0.91	-0.9
Non Currrent Assets Other	0.53	-0.1	-0.02	0.56	0.58	-0.04	0.52	0.32		-0.8	0.44	0.8	0.67	0.22	-0.01	0.14	0.57	0.53	0.44	0.56	0.42	0.38	0.61	0.39	0.0
Net Receivables	-0.08	0.5	0.56	-0.13	-0.11	0.49	-0.14	0.18	-0.8		0.06	-0.45	-0.58	0.28	0.61	0.41	-0.14	-0.13	0.06	-0.2	0.02	0.22	-0.27	0.2	-0.33
Common Stock Shares Outstanding	0.98	0.82	0.78	0.97	0.95	0.7	0.95	0.83	0.44	0.06		0.75	0.56	0.94	0.68	0.91	0.97	0.95	1.0	0.92	0.8	0.86	0.91	0.88	-0.61
Short Term Investments	0.84	0.25	0.23	0.86	0.91	0.29	0.81	0.58	0.8	-0.45	0.75		0.8	0.68	0.32	0.44	0.86	0.85	0.75	0.87	0.87	0.54	0.88	0.56	-0.34
Non Current Liabilities Total	0.7	0.16	-0.03	0.74	0.7	-0.16	0.76	0.12	0.67	-0.58	0.56	0.8		0.5	-0.11	0.21	0.75	0.77	0.56	0.82	0.62	0.15	0.84	0.18	0.11
Inventory	0.92	0.82	0.77	0.91	0.91	0.68	0.89	0.74	0.22	0.28	0.94	0.68	0.5		0.74	0.88	0.9	0.9	0.94	0.87	0.88	0.76	0.83	0.78	-0.59
Other Current Assets	0.55	0.68	0.89	0.51	0.59	0.82	0.44	0.77	-0.01	0.61	0.68	0.32	-0.11	0.74		0.84	0.5	0.46	0.68	0.39	0.6	0.86	0.34	0.86	-0.63
Total Liab	0.82	0.93	0.97	0.79	0.76	0.81	0.77	0.82	0.14	0.41	0.91	0.44	0.21	0.88	0.84		0.78	0.76	0.91	0.7	0.61	0.92	0.66	0.92	-0.64
Net Invested Capital	1.0	0.69	0.6	1.0	0.98	0.52	0.99	0.71	0.57	-0.14	0.97	0.86	0.75	0.9	0.5	0.78		1.0	0.97	0.99	0.84	0.73	0.98	0.75	-0.49
Total Current Assets	0.99	0.7	0.57	1.0	0.97	0.5	1.0	0.68	0.53	-0.13	0.95	0.85	0.77	0.9	0.46	0.76	1.0		0.95	1.0	0.84	0.68	0.99	0.7	-0.47
Capital Stock	0.98	0.82	0.78	0.97	0.95	0.7	0.95	0.83	0.44	0.06	1.0	0.75	0.56	0.94	0.68	0.91	0.97	0.95		0.92	0.8	0.86	0.91	0.88	-0.61
Net Working Capital	0.98	0.64	0.5	0.99	0.96	0.43	0.99	0.63	0.56	-0.2	0.92	0.87	0.82	0.87	0.39	0.7	0.99	1.0	0.92		0.84	0.62	1.0	0.65	-0.43
Intangible Assets	0.84	0.47	0.45	0.84	0.92	0.49	0.79	0.64	0.42	0.02	0.8	0.87	0.62	0.88	0.6	0.61	0.84	0.84	0.8	0.84		0.59	0.81	0.61	-0.48
Property Plant And Equipment Net	0.77	0.74	0.9	0.74	0.75	0.81	0.69	0.9	0.38	0.22	0.86	0.54	0.15	0.76	0.86	0.92	0.73	0.68	0.86	0.62	0.59		0.6	1.0	-0.66
Capital Lease Obligations	0.97	0.6	0.45	0.98	0.95	0.4	0.98	0.62	0.61	-0.27	0.91	0.88	0.84	0.83	0.34	0.66	0.98	0.99	0.91	1.0	0.81	0.6		0.63	-0.41
Property Plant And Equipment Gross	0.79	0.75	0.9	0.76	0.77	0.81	0.71	0.91	0.39	0.2	0.88	0.56	0.18	0.78	0.86	0.92	0.75	0.7	0.88	0.65	0.61	1.0	0.63		-0.67
Long Term Debt	-0.51	-0.64	-0.63	-0.49	-0.52	-0.95	-0.46	-0.9	0.0	-0.33	-0.61	-0.34	0.11	-0.59	-0.63	-0.64	-0.49	-0.47	-0.61	-0.43	-0.48	-0.66	-0.41	-0.67

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Jiujiang Shanshui Account Relationship Matchups

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RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Jiujiang Stock

Balance Sheet is a snapshot of the financial position of Jiujiang Shanshui at a specified time, usually calculated after every quarter, six months, or one year. Jiujiang Shanshui Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiujiang Shanshui 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 Jiujiang currently owns. An asset can also be divided into two categories, current and non-current.

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Jiujiang Capital Expenditures vs Depreciation Analysis

Capital Expenditures vs Depreciation

Capital Expenditures vs Depreciation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Depreciation

Jiujiang Shanshui fundamental ratios Correlations

Jiujiang Shanshui Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Jiujiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash
Capital Stock	+ 1.0	Common Stock Shares Outstanding

Long Term Debt	- 0.95	Accounts Payable
Long Term Debt	- 0.9	Non Current Assets Total
Net Receivables	- 0.8	Non Currrent Assets Other
Long Term Debt	- 0.67	Property Plant And Equipment Gross
Long Term Debt	- 0.66	Property Plant And Equipment Net
Long Term Debt	- 0.64	Total Liab