Jinling Total Current Assets vs Short Term Investments Analysis

601007 Stock   6.75  0.22  3.16%   
Jinling Hotel financial indicator trend analysis is infinitely more than just investigating Jinling Hotel Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinling Hotel Corp is a good investment. Please check the relationship between Jinling Hotel Total Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinling Hotel Corp. 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.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinling Hotel Corp Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jinling Hotel's Total Current Assets and Short Term Investments is 0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Jinling Hotel Corp, assuming nothing else is changed. The correlation between historical values of Jinling Hotel's Total Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Jinling Hotel Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Jinling Hotel's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Jinling Hotel balance sheet. It contains any investments Jinling Hotel Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jinling Hotel Corp can easily liquidate in the marketplace.
Most indicators from Jinling Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinling Hotel Corp 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 Jinling Hotel Corp. 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 205.3 M, whereas Tax Provision is forecasted to decline to about 41.1 M.
 2021 2022 2023 2024 (projected)
Operating Income156.4M134.8M186.0M111.5M
Total Revenue1.4B1.4B1.8B920.9M

Jinling Hotel fundamental ratios Correlations

0.130.780.950.780.90.630.440.640.620.720.050.920.790.730.430.640.120.440.450.360.310.49-0.27-0.06-0.43
0.130.010.210.160.27-0.050.44-0.140.08-0.250.670.01-0.050.09-0.40.010.19-0.3-0.27-0.08-0.53-0.230.190.250.19
0.780.010.630.410.590.870.330.430.290.810.120.870.780.320.650.37-0.370.610.480.510.570.88-0.12-0.11-0.69
0.950.210.630.80.950.440.450.610.610.670.150.760.740.750.330.610.120.410.390.360.250.32-0.36-0.15-0.36
0.780.160.410.80.610.290.630.230.850.370.010.640.650.930.070.240.280.140.210.040.080.130.040.17-0.1
0.90.270.590.950.610.430.250.730.40.630.140.720.650.590.350.760.140.420.420.40.180.29-0.47-0.18-0.38
0.63-0.050.870.440.290.430.320.250.20.620.070.780.440.280.460.29-0.190.260.240.260.360.74-0.01-0.04-0.43
0.440.440.330.450.630.250.32-0.120.620.170.560.360.250.5-0.1-0.120.1-0.13-0.21-0.1-0.040.160.350.020.04
0.64-0.140.430.610.230.730.25-0.120.190.66-0.280.590.510.170.610.940.110.530.590.340.420.34-0.64-0.44-0.5
0.620.080.290.610.850.40.20.620.190.2-0.140.570.440.72-0.120.190.41-0.080.09-0.15-0.020.050.090.290.07
0.72-0.250.810.670.370.630.620.170.660.2-0.070.70.790.320.880.47-0.480.820.610.610.820.82-0.44-0.57-0.86
0.050.670.120.150.010.140.070.56-0.28-0.14-0.07-0.11-0.07-0.03-0.22-0.22-0.15-0.12-0.320.05-0.19-0.030.22-0.080.08
0.920.010.870.760.640.720.780.360.590.570.7-0.110.750.590.50.60.090.430.480.310.370.65-0.130.04-0.47
0.79-0.050.780.740.650.650.440.250.510.440.79-0.070.750.560.660.37-0.320.780.70.560.570.67-0.27-0.08-0.67
0.730.090.320.750.930.590.280.50.170.720.32-0.030.590.560.020.190.360.10.180.050.00.05-0.020.18-0.02
0.43-0.40.650.330.070.350.46-0.10.61-0.120.88-0.220.50.660.020.41-0.590.890.640.620.880.81-0.43-0.62-0.89
0.640.010.370.610.240.760.29-0.120.940.190.47-0.220.60.370.190.410.320.310.430.220.170.18-0.54-0.25-0.29
0.120.19-0.370.120.280.14-0.190.10.110.41-0.48-0.150.09-0.320.36-0.590.32-0.63-0.31-0.52-0.64-0.620.150.410.67
0.44-0.30.610.410.140.420.26-0.130.53-0.080.82-0.120.430.780.10.890.31-0.630.620.810.840.74-0.38-0.5-0.87
0.45-0.270.480.390.210.420.24-0.210.590.090.61-0.320.480.70.180.640.43-0.310.620.180.450.46-0.67-0.11-0.56
0.36-0.080.510.360.040.40.26-0.10.34-0.150.610.050.310.560.050.620.22-0.520.810.180.560.59-0.2-0.37-0.61
0.31-0.530.570.250.080.180.36-0.040.42-0.020.82-0.190.370.570.00.880.17-0.640.840.450.560.79-0.23-0.66-0.89
0.49-0.230.880.320.130.290.740.160.340.050.82-0.030.650.670.050.810.18-0.620.740.460.590.79-0.05-0.32-0.84
-0.270.19-0.12-0.360.04-0.47-0.010.35-0.640.09-0.440.22-0.13-0.27-0.02-0.43-0.540.15-0.38-0.67-0.2-0.23-0.050.410.32
-0.060.25-0.11-0.150.17-0.18-0.040.02-0.440.29-0.57-0.080.04-0.080.18-0.62-0.250.41-0.5-0.11-0.37-0.66-0.320.410.59
-0.430.19-0.69-0.36-0.1-0.38-0.430.04-0.50.07-0.860.08-0.47-0.67-0.02-0.89-0.290.67-0.87-0.56-0.61-0.89-0.840.320.59
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Jinling Hotel Account Relationship Matchups

Jinling Hotel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.2B3.7B4.2B3.6B2.6B
Other Current Liab273.5M304.8M535.1M20.4M22.3M21.2M
Total Current Liabilities739.3M738.7M1.0B1.5B828.6M529.9M
Total Stockholder Equity1.5B1.5B1.6B1.6B1.6B1.3B
Other Liab46.8M47.2M47.3M59.5M68.4M45.2M
Retained Earnings783.8M827.2M840.3M732.1M746.0M515.2M
Accounts Payable332.9M247.4M355.8M726.8M99.4M179.4M
Cash518.7M305.0M450.5M411.3M248.9M384.1M
Other Assets357.8M348.9M339.6M370.0M425.5M446.8M
Net Receivables45.8M43.9M54.9M76.3M62.2M53.3M
Inventory363.2M426.9M452.6M624.1M518.1M544.0M
Other Current Assets321.0M230.7M178.6M13.0M6.2M5.8M
Total Liab1.0B910.0M1.4B1.8B1.2B791.8M
Property Plant Equipment1.3B1.2B1.1B1.3B1.6B1.1B
Intangible Assets367.4M356.9M347.2M334.4M322.5M292.8M
Long Term Debt255.5M124M80M20M18M17.1M
Net Tangible Assets1.1B1.1B1.2B1.2B1.4B1.2B
Deferred Long Term Liab9.0M9.2M8.7M14.0M16.1M12.1M
Short Long Term Debt29M72.4M33.0M89.8M95.4M100.2M
Total Current Assets1.3B1.3B1.6B2.0B1.5B1.4B
Non Current Assets Total2.0B1.9B2.1B2.2B2.1B1.7B
Non Currrent Assets Other2.2B2.1B2.0B34.7M31.2M29.6M
Non Current Liabilities Total273.2M171.3M377.0M386.2M356.9M285.5M
Non Current Liabilities Other308M226M12.1M4.8M4.3M4.1M
Net Invested Capital1.7B1.7B1.7B1.7B1.7B1.4B
Net Working Capital511.3M560.5M530.5M549.3M654.4M568.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Jinling Stock

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