Jiangsu Change To Inventory vs Free Cash Flow Analysis

600959 Stock

3.56 0.01 0.28%

Jiangsu Broadcasting financial indicator trend analysis is infinitely more than just investigating Jiangsu Broadcasting recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Broadcasting is a good investment. Please check the relationship between Jiangsu Broadcasting Change To Inventory and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Broadcasting Cable. 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 Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Broadcasting Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Jiangsu Broadcasting's Change To Inventory and Free Cash Flow is -0.19. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Jiangsu Broadcasting Cable, assuming nothing else is changed. The correlation between historical values of Jiangsu Broadcasting's Change To Inventory and Free Cash Flow 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 Inventory of Jiangsu Broadcasting Cable are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., Jiangsu Broadcasting's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Jiangsu Broadcasting's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Broadcasting 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 Jiangsu Broadcasting Cable. 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 869.1 M. The current year's Tax Provision is expected to grow to about (5.2 M)

	2021	2022	2023	2024 (projected)
Income Before Tax	381.6M	408.3M	421.6M	521.8M
Cost Of Revenue	5.3B	5.5B	5.8B	4.7B

Income Before Tax Cost Of Revenue

Jiangsu Broadcasting fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.55	0.97	0.92	-0.87	0.96	0.99	0.7	0.49	0.98	0.96	0.67	0.97	0.9	0.96	0.99	0.81	-0.75	0.82	0.83	0.32	0.53	0.39	0.91	0.28	0.78
Other Current Liab	0.55		0.52	0.55	-0.54	0.51	0.59	0.17	0.06	0.48	0.59	0.18	0.55	0.51	0.49	0.51	0.6	-0.41	0.49	0.43	0.26	-0.21	0.19	0.38	0.11	0.37
Total Current Liabilities	0.97	0.52		0.92	-0.92	0.9	0.95	0.57	0.31	0.97	0.98	0.79	1.0	0.92	0.96	0.95	0.75	-0.87	0.69	0.88	0.11	0.64	0.34	0.95	0.2	0.84
Total Stockholder Equity	0.92	0.55	0.92		-0.96	0.93	0.93	0.47	0.22	0.91	0.89	0.7	0.92	0.93	0.98	0.92	0.7	-0.84	0.75	0.96	0.09	0.58	0.19	0.8	0.03	0.84
Other Liab	-0.87	-0.54	-0.92	-0.96		-0.85	-0.88	-0.34	-0.08	-0.87	-0.89	-0.79	-0.91	-0.91	-0.95	-0.87	-0.65	0.92	-0.63	-0.97	0.08	-0.66	-0.23	-0.82	-0.06	-0.89
Retained Earnings	0.96	0.51	0.9	0.93	-0.85		0.96	0.66	0.49	0.92	0.87	0.57	0.91	0.91	0.95	0.96	0.75	-0.69	0.87	0.83	0.35	0.47	0.39	0.8	0.26	0.73
Accounts Payable	0.99	0.59	0.95	0.93	-0.88	0.96		0.63	0.49	0.97	0.94	0.64	0.96	0.91	0.96	0.99	0.8	-0.74	0.79	0.86	0.35	0.51	0.39	0.88	0.27	0.79
Cash	0.7	0.17	0.57	0.47	-0.34	0.66	0.63		0.75	0.68	0.61	0.23	0.6	0.46	0.56	0.66	0.66	-0.17	0.76	0.3	0.6	0.25	0.39	0.63	0.44	0.28
Other Assets	0.49	0.06	0.31	0.22	-0.08	0.49	0.49	0.75		0.45	0.31	-0.04	0.33	0.22	0.34	0.52	0.42	0.13	0.54	0.08	0.9	0.04	0.5	0.37	0.55	0.06
Net Receivables	0.98	0.48	0.97	0.91	-0.87	0.92	0.97	0.68	0.45		0.97	0.69	0.97	0.91	0.96	0.98	0.79	-0.75	0.72	0.85	0.26	0.63	0.38	0.93	0.3	0.78
Inventory	0.96	0.59	0.98	0.89	-0.89	0.87	0.94	0.61	0.31	0.97		0.76	0.99	0.89	0.93	0.93	0.82	-0.82	0.68	0.84	0.14	0.58	0.32	0.96	0.22	0.82
Other Current Assets	0.67	0.18	0.79	0.7	-0.79	0.57	0.64	0.23	-0.04	0.69	0.76		0.77	0.7	0.71	0.64	0.46	-0.92	0.31	0.79	-0.37	0.82	0.13	0.83	-0.05	0.94
Total Liab	0.97	0.55	1.0	0.92	-0.91	0.91	0.96	0.6	0.33	0.97	0.99	0.77		0.92	0.95	0.96	0.8	-0.84	0.71	0.87	0.14	0.61	0.33	0.96	0.21	0.84
Intangible Assets	0.9	0.51	0.92	0.93	-0.91	0.91	0.91	0.46	0.22	0.91	0.89	0.7	0.92		0.92	0.9	0.72	-0.81	0.67	0.9	0.06	0.6	0.3	0.82	0.19	0.83
Common Stock	0.96	0.49	0.96	0.98	-0.95	0.95	0.96	0.56	0.34	0.96	0.93	0.71	0.95	0.92		0.97	0.72	-0.82	0.75	0.94	0.17	0.64	0.26	0.87	0.12	0.82
Property Plant Equipment	0.99	0.51	0.95	0.92	-0.87	0.96	0.99	0.66	0.52	0.98	0.93	0.64	0.96	0.9	0.97		0.76	-0.73	0.78	0.85	0.35	0.56	0.4	0.89	0.29	0.75
Long Term Debt	0.81	0.6	0.75	0.7	-0.65	0.75	0.8	0.66	0.42	0.79	0.82	0.46	0.8	0.72	0.72	0.76		-0.49	0.7	0.6	0.32	0.28	0.16	0.77	0.27	0.61
Good Will	-0.75	-0.41	-0.87	-0.84	0.92	-0.69	-0.74	-0.17	0.13	-0.75	-0.82	-0.92	-0.84	-0.81	-0.82	-0.73	-0.49		-0.44	-0.9	0.34	-0.71	-0.11	-0.8	0.13	-0.92
Short Term Investments	0.82	0.49	0.69	0.75	-0.63	0.87	0.79	0.76	0.54	0.72	0.68	0.31	0.71	0.67	0.75	0.78	0.7	-0.44		0.55	0.5	0.15	0.4	0.59	0.3	0.51
Net Tangible Assets	0.83	0.43	0.88	0.96	-0.97	0.83	0.86	0.3	0.08	0.85	0.84	0.79	0.87	0.9	0.94	0.85	0.6	-0.9	0.55		-0.11	0.73	0.08	0.79	-0.09	0.88
Deferred Long Term Liab	0.32	0.26	0.11	0.09	0.08	0.35	0.35	0.6	0.9	0.26	0.14	-0.37	0.14	0.06	0.17	0.35	0.32	0.34	0.5	-0.11		-0.35	0.44	0.1	0.5	-0.21
Long Term Investments	0.53	-0.21	0.64	0.58	-0.66	0.47	0.51	0.25	0.04	0.63	0.58	0.82	0.61	0.6	0.64	0.56	0.28	-0.71	0.15	0.73	-0.35		0.07	0.71	-0.02	0.72
Short Long Term Debt	0.39	0.19	0.34	0.19	-0.23	0.39	0.39	0.39	0.5	0.38	0.32	0.13	0.33	0.3	0.26	0.4	0.16	-0.11	0.4	0.08	0.44	0.07		0.28	0.9	0.18
Total Current Assets	0.91	0.38	0.95	0.8	-0.82	0.8	0.88	0.63	0.37	0.93	0.96	0.83	0.96	0.82	0.87	0.89	0.77	-0.8	0.59	0.79	0.1	0.71	0.28		0.21	0.82
Short Term Debt	0.28	0.11	0.2	0.03	-0.06	0.26	0.27	0.44	0.55	0.3	0.22	-0.05	0.21	0.19	0.12	0.29	0.27	0.13	0.3	-0.09	0.5	-0.02	0.9	0.21		0.01
Non Current Assets Total	0.78	0.37	0.84	0.84	-0.89	0.73	0.79	0.28	0.06	0.78	0.82	0.94	0.84	0.83	0.82	0.75	0.61	-0.92	0.51	0.88	-0.21	0.72	0.18	0.82	0.01

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Jiangsu Broadcasting Account Relationship Matchups

Jiangsu Broadcasting fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	32.6B	33.7B	35.2B	36.9B	37.2B	30.5B
Other Current Liab	5.1B	5.8B	6.0B	8.2B	2.4B	2.3B
Total Current Liabilities	9.4B	11.3B	11.5B	12.6B	13.4B	9.7B
Total Stockholder Equity	21.6B	21.6B	21.8B	22.0B	22.3B	17.8B
Other Liab	77.5M	69.8M	58.8M	52.7M	47.4M	81.2M
Retained Earnings	3.5B	3.5B	3.7B	3.1B	3.3B	2.8B
Accounts Payable	2.9B	2.8B	2.7B	3.1B	2.9B	2.5B
Cash	3.2B	3.4B	3.7B	4.5B	5.2B	4.6B
Other Assets	2.4B	2.1B	1.9B	1.9B	2.1B	2.5B
Net Receivables	911.5M	874.9M	862.0M	1.1B	1.3B	808.7M
Inventory	850.0M	1.0B	1.2B	1.7B	1.5B	929.6M
Other Current Assets	635.9M	1.6B	1.7B	2.0B	2.5B	2.6B
Total Liab	10.2B	11.4B	12.6B	14.1B	14.1B	10.4B
Intangible Assets	515.0M	508.2M	604.0M	578.4M	603.6M	465.6M
Property Plant Equipment	21.1B	20.8B	20.7B	20.5B	23.6B	17.8B
Long Term Debt	827M	19M	1.0B	1.4B	635.5M	674.1M
Net Tangible Assets	21.0B	21.1B	21.1B	21.4B	24.6B	19.6B
Deferred Long Term Liab	2.3B	2.2B	1.9B	1.7B	1.5B	1.7B
Short Long Term Debt	90M	583.1M	144.1M	106.6M	163.6M	215.1M
Total Current Assets	7.9B	8.4B	9.6B	10.5B	11.4B	9.8B
Non Current Assets Total	24.7B	25.3B	25.6B	26.4B	25.8B	27.2B
Non Currrent Assets Other	229.7M	675.9M	84.1M	181.9M	111.8M	208.3M
Non Current Liabilities Total	896.8M	77.8M	1.2B	1.5B	747.7M	973.4M
Non Current Liabilities Other	827M	30.0M	19.5M	2.7M	178.9K	170.0K
Net Invested Capital	22.5B	22.2B	23.0B	23.5B	23.1B	23.9B
Net Working Capital	(1.4B)	(2.9B)	(1.9B)	(2.1B)	(1.9B)	(2.0B)

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Other Information on Investing in Jiangsu Stock

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

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Jiangsu Change To Inventory vs Free Cash Flow Analysis

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Inventory

Free Cash Flow

Jiangsu Broadcasting fundamental ratios Correlations

Jiangsu Broadcasting Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangsu Broadcasting fundamental ratios Accounts

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Other Information on Investing in Jiangsu Stock

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Total Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Accounts Payable
Total Liab	+ 0.99	Inventory
Net Receivables	+ 0.98	Total Assets

Net Tangible Assets	- 0.97	Other Liab
Other Liab	- 0.96	Total Stockholder Equity
Common Stock	- 0.95	Other Liab
Non Current Assets Total	- 0.92	Good Will
Good Will	- 0.92	Other Current Assets
Other Liab	- 0.92	Total Current Liabilities