Jinhui Cash vs Property Plant And Equipment Gross Analysis
603132 Stock | 11.63 0.46 3.80% |
Jinhui Mining financial indicator trend analysis is infinitely more than just investigating Jinhui Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhui Mining is a good investment. Please check the relationship between Jinhui Mining Cash and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinhui Mining Co. 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.
Cash vs Property Plant And Equipment Gross
Cash vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Mining Cash account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jinhui Mining's Cash and Property Plant And Equipment Gross is -0.26. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Jinhui Mining Co, assuming nothing else is changed. The correlation between historical values of Jinhui Mining's Cash and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jinhui Mining Co are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Cash i.e., Jinhui Mining's Cash and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Jinhui Mining, which is listed under current asset account on Jinhui Mining Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jinhui Mining customers. The amounts must be unrestricted with restricted cash listed in a different Jinhui Mining 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.Property Plant And Equipment Gross
Most indicators from Jinhui Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhui Mining 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 Jinhui Mining Co. 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. The current year's Tax Provision is expected to grow to about 54.1 M, whereas Selling General Administrative is forecasted to decline to about 26.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 120.3M | 75.0M | 68.0M | 103.7M | Interest Income | 4.7M | 15.7M | 12.8M | 11.2M |
Jinhui Mining fundamental ratios Correlations
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Jinhui Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Jinhui Stock
Balance Sheet is a snapshot of the financial position of Jinhui Mining at a specified time, usually calculated after every quarter, six months, or one year. Jinhui Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinhui Mining 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 Jinhui currently owns. An asset can also be divided into two categories, current and non-current.