Bank Intangible Assets vs Cash Analysis

600919 Stock   8.94  0.03  0.34%   
Bank of Jiangsu Co Ltd financial indicator trend analysis is way more than just evaluating Bank of Jiangsu Co Ltd prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Jiangsu Co Ltd is a good investment. Please check the relationship between Bank of Jiangsu Co Ltd Intangible Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Jiangsu. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Cash

Intangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Jiangsu Co Ltd Intangible Assets account and Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Bank of Jiangsu Co Ltd's Intangible Assets and Cash is 0.03. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Bank of Jiangsu, assuming nothing else is changed. The correlation between historical values of Bank of Jiangsu Co Ltd's Intangible Assets 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 Intangible Assets of Bank of Jiangsu 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 Intangible Assets i.e., Bank of Jiangsu Co Ltd's Intangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Cash

Cash refers to the most liquid asset of Bank of Jiangsu Co Ltd, which is listed under current asset account on Bank of Jiangsu balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bank of Jiangsu Co Ltd customers. The amounts must be unrestricted with restricted cash listed in a different Bank of Jiangsu Co Ltd 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 Bank of Jiangsu Co Ltd's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Jiangsu Co Ltd 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 Bank of Jiangsu. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 12.1 B. The current year's Tax Provision is expected to grow to about 9.1 B
 2023 2024 (projected)
Operating Income18.0B15.7B
Total Revenue74.3B78.0B

Bank of Jiangsu Co Ltd fundamental ratios Correlations

0.99-0.450.360.98-0.451.00.060.810.940.750.920.90.90.880.890.570.720.860.860.280.890.830.770.830.87
0.99-0.360.390.98-0.450.990.010.80.930.730.890.920.910.90.910.620.730.880.910.320.910.820.810.820.89
-0.45-0.36-0.05-0.440.06-0.46-0.38-0.44-0.34-0.48-0.67-0.13-0.25-0.21-0.24-0.19-0.02-0.41-0.060.33-0.2-0.48-0.06-0.48-0.19
0.360.39-0.050.37-0.290.360.030.440.430.510.330.290.420.460.490.2-0.050.180.450.30.40.410.470.410.45
0.980.98-0.440.37-0.490.98-0.070.760.920.740.910.90.910.90.90.60.720.860.880.290.910.840.80.840.9
-0.45-0.450.06-0.29-0.49-0.450.47-0.38-0.29-0.57-0.53-0.32-0.53-0.53-0.52-0.43-0.14-0.48-0.370.02-0.53-0.65-0.45-0.65-0.54
1.00.99-0.460.360.98-0.450.060.810.940.750.920.90.890.870.890.570.720.860.860.280.890.830.760.830.87
0.060.01-0.380.03-0.070.470.060.350.040.150.08-0.13-0.12-0.12-0.12-0.05-0.13-0.09-0.13-0.13-0.12-0.05-0.12-0.05-0.1
0.810.8-0.440.440.76-0.380.810.350.720.810.760.630.840.850.840.580.430.690.70.340.820.790.780.790.74
0.940.93-0.340.430.92-0.290.940.040.720.610.80.940.840.820.860.350.80.720.850.50.830.660.710.660.79
0.750.73-0.480.510.74-0.570.750.150.810.610.810.520.760.770.730.610.250.580.60.020.740.860.690.860.82
0.920.89-0.670.330.91-0.530.920.080.760.80.810.690.780.760.770.570.470.850.65-0.020.760.890.610.890.76
0.90.92-0.130.290.9-0.320.9-0.130.630.940.520.690.870.850.870.410.920.730.910.570.870.620.770.620.82
0.90.91-0.250.420.91-0.530.89-0.120.840.840.760.780.870.990.990.590.690.810.870.480.990.870.910.870.92
0.880.9-0.210.460.9-0.530.87-0.120.850.820.770.760.850.990.990.650.640.790.90.480.980.850.940.850.93
0.890.91-0.240.490.9-0.520.89-0.120.840.860.730.770.870.990.990.570.670.790.880.530.980.840.920.840.89
0.570.62-0.190.20.6-0.430.57-0.050.580.350.610.570.410.590.650.570.190.630.66-0.060.660.660.740.660.68
0.720.73-0.02-0.050.72-0.140.72-0.130.430.80.250.470.920.690.640.670.190.560.740.610.690.360.560.360.6
0.860.88-0.410.180.86-0.480.86-0.090.690.720.580.850.730.810.790.790.630.560.730.060.790.860.640.860.76
0.860.91-0.060.450.88-0.370.86-0.130.70.850.60.650.910.870.90.880.660.740.730.530.90.650.880.650.88
0.280.320.330.30.290.020.28-0.130.340.50.02-0.020.570.480.480.53-0.060.610.060.530.480.010.530.010.3
0.890.91-0.20.40.91-0.530.89-0.120.820.830.740.760.870.990.980.980.660.690.790.90.480.840.950.840.94
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.840.741.00.85
0.770.81-0.060.470.8-0.450.76-0.120.780.710.690.610.770.910.940.920.740.560.640.880.530.950.740.740.88
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.841.00.740.85
0.870.89-0.190.450.9-0.540.87-0.10.740.790.820.760.820.920.930.890.680.60.760.880.30.940.850.880.85
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Bank of Jiangsu Co Ltd Account Relationship Matchups

Bank of Jiangsu Co Ltd fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1T2.3T2.6T3.0T3.4T3.6T
Total Stockholder Equity132.8B178.0B192.2B208.6B250.4B262.9B
Other Liab6.9B8.2B10.3B11.9B10.7B10.4B
Cash198.3B237.3B1.9T256.4B288.5B242.8B
Other Assets1.2T1.4T1.7T1.9T2.2T2.3T
Total Liab1.9T2.2T2.4T2.8T3.1T3.3T
Intangible Assets635.6M599.2M589.5M580.5M534.5M572.2M
Property Plant Equipment5.5B5.3B5.2B8.7B10.0B10.5B
Retained Earnings80.7B91.5B104.7B122.4B63.8B49.8B
Other Current Liab7.3B10.1B17.6B27.1B31.2B32.7B
Total Current Liabilities1.9T2.1T2.4T2.7T3.1T2.1T
Net Tangible Assets112.2B157.5B171.7B185.7B213.6B132.8B
Accounts Payable1.2T1.3T1.4T1.6T1.9T1.4T
Net Receivables422.8M8.1B15.0B4.6B5.3B4.7B
Other Current Assets139.9B129.3B140.9B128.9B148.2B142.5B
Other Stockholder Equity578.2M4.4B24.1B25.1B28.8B30.2B
Deferred Long Term Liab261.1M273.0M294.6M376.5M433.0M336.8M
Long Term Investments784.8B848.5B920.3B1.1T1.2T825.4B
Total Current Assets229.9B443.0B503.4B527.2B606.3B388.6B
Net Debt203.0B227.1B266.1B324.0B255.1B234.2B
Common Stock Shares Outstanding12.2B14.8B14.8B14.8B18.4B15.6B
Net Invested Capital514.1B622.5B676.6B769.0B774.0B655.9B
Capital Stock31.5B34.7B34.7B34.7B38.3B37.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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