Jiujiang Long Term Debt vs Total Assets Analysis
301190 Stock | 16.76 0.35 2.13% |
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 Long Term Debt and its Total Assets 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.
Long Term Debt vs Total Assets
Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jiujiang Shanshui's Long Term Debt and Total Assets is -0.51. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets 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 Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Jiujiang Shanshui Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Jiujiang Shanshui's Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Jiujiang Shanshui has held for over one year. Long-term debt appears on Jiujiang Shanshui Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Jiujiang Shanshui Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Total Assets
Total assets refers to the total amount of Jiujiang Shanshui assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jiujiang Shanshui books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 |
Jiujiang Shanshui fundamental ratios Correlations
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Jiujiang Shanshui Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 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.