Jiujiang Non Current Assets Total vs Cash 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 Non Current Assets Total and its Cash 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.

Non Current Assets Total vs Cash

Non Current Assets Total vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Non Current Assets Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiujiang Shanshui's Non Current Assets Total and Cash is 0.67. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash 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 Non Current Assets Total 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 Non Current Assets Total of Jiujiang Shanshui Technology 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 Non Current Assets Total i.e., Jiujiang Shanshui's Non Current Assets Total and Cash go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Jiujiang Shanshui, which is listed under current asset account on Jiujiang Shanshui Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiujiang Shanshui customers. The amounts must be unrestricted with restricted cash listed in a different Jiujiang Shanshui 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 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 Expense1.9M1.9M1.4M
Interest Income26.0M36.9M38.7M

Jiujiang Shanshui fundamental ratios Correlations

0.730.661.00.980.570.990.740.53-0.080.980.840.70.920.550.821.00.990.980.980.840.770.970.79-0.51
0.730.910.70.620.770.720.7-0.10.50.820.250.160.820.680.930.690.70.820.640.470.740.60.75-0.64
0.660.910.610.590.830.590.78-0.020.560.780.23-0.030.770.890.970.60.570.780.50.450.90.450.9-0.63
1.00.70.610.980.530.990.720.56-0.130.970.860.740.910.510.791.01.00.970.990.840.740.980.76-0.49
0.980.620.590.980.560.950.750.58-0.110.950.910.70.910.590.760.980.970.950.960.920.750.950.77-0.52
0.570.770.830.530.560.490.93-0.040.490.70.29-0.160.680.820.810.520.50.70.430.490.810.40.81-0.95
0.990.720.590.990.950.490.670.52-0.140.950.810.760.890.440.770.991.00.950.990.790.690.980.71-0.46
0.740.70.780.720.750.930.670.320.180.830.580.120.740.770.820.710.680.830.630.640.90.620.91-0.9
0.53-0.1-0.020.560.58-0.040.520.32-0.80.440.80.670.22-0.010.140.570.530.440.560.420.380.610.390.0
-0.080.50.56-0.13-0.110.49-0.140.18-0.80.06-0.45-0.580.280.610.41-0.14-0.130.06-0.20.020.22-0.270.2-0.33
0.980.820.780.970.950.70.950.830.440.060.750.560.940.680.910.970.951.00.920.80.860.910.88-0.61
0.840.250.230.860.910.290.810.580.8-0.450.750.80.680.320.440.860.850.750.870.870.540.880.56-0.34
0.70.16-0.030.740.7-0.160.760.120.67-0.580.560.80.5-0.110.210.750.770.560.820.620.150.840.180.11
0.920.820.770.910.910.680.890.740.220.280.940.680.50.740.880.90.90.940.870.880.760.830.78-0.59
0.550.680.890.510.590.820.440.77-0.010.610.680.32-0.110.740.840.50.460.680.390.60.860.340.86-0.63
0.820.930.970.790.760.810.770.820.140.410.910.440.210.880.840.780.760.910.70.610.920.660.92-0.64
1.00.690.61.00.980.520.990.710.57-0.140.970.860.750.90.50.781.00.970.990.840.730.980.75-0.49
0.990.70.571.00.970.51.00.680.53-0.130.950.850.770.90.460.761.00.951.00.840.680.990.7-0.47
0.980.820.780.970.950.70.950.830.440.061.00.750.560.940.680.910.970.950.920.80.860.910.88-0.61
0.980.640.50.990.960.430.990.630.56-0.20.920.870.820.870.390.70.991.00.920.840.621.00.65-0.43
0.840.470.450.840.920.490.790.640.420.020.80.870.620.880.60.610.840.840.80.840.590.810.61-0.48
0.770.740.90.740.750.810.690.90.380.220.860.540.150.760.860.920.730.680.860.620.590.61.0-0.66
0.970.60.450.980.950.40.980.620.61-0.270.910.880.840.830.340.660.980.990.911.00.810.60.63-0.41
0.790.750.90.760.770.810.710.910.390.20.880.560.180.780.860.920.750.70.880.650.611.00.63-0.67
-0.51-0.64-0.63-0.49-0.52-0.95-0.46-0.90.0-0.33-0.61-0.340.11-0.59-0.63-0.64-0.49-0.47-0.61-0.43-0.48-0.66-0.41-0.67
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Jiujiang Shanshui Account Relationship Matchups

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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.