600919 Stock | | | 8.86 0.16 1.77% |
Bank of Jiangsu financial indicator trend analysis is way more than just evaluating Bank of Jiangsu 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 is a good investment. Please check the relationship between Bank of Jiangsu Net Receivables 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.
Net Receivables vs Cash
Net Receivables vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Jiangsu Net Receivables account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bank of Jiangsu's Net Receivables and Cash is 0.2. Overlapping area represents the amount of variation of Net Receivables 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's Net Receivables 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 Net Receivables 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 Net Receivables i.e., Bank of Jiangsu's Net Receivables and Cash go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Cash
Cash refers to the most liquid asset of Bank of Jiangsu, 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 customers. The amounts must be unrestricted with restricted cash listed in a different Bank of Jiangsu 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'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 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
BBank of Jiangsu fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Jiangsu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Jiangsu fundamental ratios Accounts
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 at a specified time, usually calculated after every quarter, six months, or one year. Bank of Jiangsu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Jiangsu 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.