603078 Stock | | | 19.49 0.61 3.23% |
Jiangyin Jianghua financial indicator trend analysis is infinitely more than just investigating Jiangyin Jianghua recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangyin Jianghua is a good investment. Please check the relationship between Jiangyin Jianghua Other Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangyin Jianghua Microelectronics. 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.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangyin Jianghua Other Assets account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jiangyin Jianghua's Other Assets and Cash is 0.31. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Jiangyin Jianghua Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangyin Jianghua's Other 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 Other Assets of Jiangyin Jianghua Microelectronics 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 Other Assets i.e., Jiangyin Jianghua's Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Cash
Cash refers to the most liquid asset of Jiangyin Jianghua, which is listed under current asset account on Jiangyin Jianghua Microelectronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangyin Jianghua customers. The amounts must be unrestricted with restricted cash listed in a different Jiangyin Jianghua 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 Jiangyin Jianghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics. 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 27, 2024,
Tax Provision is expected to decline to about 8.6
M. In addition to that,
Selling General Administrative is expected to decline to about 31.4
MJiangyin Jianghua fundamental ratios Correlations
Click cells to compare fundamentals
Jiangyin Jianghua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangyin Jianghua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangyin Stock
Balance Sheet is a snapshot of the
financial position of Jiangyin Jianghua at a specified time, usually calculated after every quarter, six months, or one year. Jiangyin Jianghua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangyin Jianghua 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 Jiangyin currently owns. An asset can also be divided into two categories, current and non-current.