600872 Stock | | | 21.36 0.14 0.65% |
Jonjee Hi financial indicator trend analysis is infinitely more than just investigating Jonjee Hi tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jonjee Hi tech is a good investment. Please check the relationship between Jonjee Hi Change To Liabilities and its Change To Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jonjee Hi tech Industrial. 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.
Change To Liabilities vs Change To Inventory
Change To Liabilities vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jonjee Hi tech Change To Liabilities account and
Change To Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jonjee Hi's Change To Liabilities and Change To Inventory is 0.28. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Jonjee Hi tech Industrial, assuming nothing else is changed. The correlation between historical values of Jonjee Hi's Change To Liabilities and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Jonjee Hi tech Industrial are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Liabilities i.e., Jonjee Hi's Change To Liabilities and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Liabilities
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Jonjee Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jonjee Hi tech 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 Jonjee Hi tech Industrial. 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 339
M. The current year's
Tax Provision is expected to grow to about 81.8
MJonjee Hi fundamental ratios Correlations
Click cells to compare fundamentals
Jonjee Hi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jonjee Hi fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jonjee Stock
Balance Sheet is a snapshot of the
financial position of Jonjee Hi tech at a specified time, usually calculated after every quarter, six months, or one year. Jonjee Hi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jonjee Hi 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 Jonjee currently owns. An asset can also be divided into two categories, current and non-current.