Jinhui Change To Inventory vs Free Cash Flow 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 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 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.

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 Jinhui Mining Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jinhui Mining's Change To Inventory and Free Cash Flow is 0.8. 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 Jinhui Mining Co, assuming nothing else is changed. The correlation between historical values of Jinhui Mining'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 Jinhui Mining Co 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., Jinhui Mining's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

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 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 Expense120.3M75.0M68.0M103.7M
Interest Income4.7M15.7M12.8M11.2M

Jinhui Mining fundamental ratios Correlations

-0.54-0.430.790.940.770.96-0.890.560.30.930.970.88-0.53-0.380.020.980.97-0.57-0.590.49-0.65-0.660.950.85-0.56
-0.54-0.380.01-0.320.01-0.730.250.17-0.63-0.41-0.65-0.85-0.060.910.72-0.63-0.420.940.58-0.870.01-0.12-0.33-0.080.21
-0.43-0.38-0.84-0.55-0.78-0.30.77-0.910.67-0.43-0.36-0.060.84-0.63-0.6-0.43-0.49-0.440.270.520.870.96-0.56-0.820.46
0.790.01-0.840.910.990.64-0.950.92-0.230.850.670.44-0.860.180.420.750.87-0.05-0.5-0.01-0.92-0.940.810.96-0.39
0.94-0.32-0.550.910.920.83-0.910.720.180.990.830.7-0.67-0.210.160.880.99-0.42-0.530.38-0.75-0.740.880.88-0.35
0.770.01-0.780.990.920.6-0.910.9-0.180.870.620.41-0.850.140.40.70.87-0.09-0.480.06-0.89-0.880.760.91-0.25
0.96-0.73-0.30.640.830.6-0.820.440.350.830.990.97-0.44-0.51-0.220.990.88-0.68-0.650.58-0.57-0.540.860.73-0.59
-0.890.250.77-0.95-0.91-0.91-0.82-0.860.14-0.85-0.84-0.660.830.0-0.18-0.9-0.90.230.61-0.130.910.92-0.87-0.950.53
0.560.17-0.910.920.720.90.44-0.86-0.520.630.450.23-0.940.390.350.560.650.17-0.46-0.23-0.96-0.950.560.81-0.23
0.3-0.630.67-0.230.18-0.180.350.14-0.520.290.320.520.57-0.8-0.460.230.25-0.750.110.820.490.490.19-0.180.04
0.93-0.41-0.430.850.990.870.83-0.850.630.290.820.73-0.6-0.340.090.860.99-0.54-0.570.51-0.68-0.640.840.82-0.26
0.97-0.65-0.360.670.830.620.99-0.840.450.320.820.94-0.43-0.43-0.10.980.89-0.6-0.580.49-0.57-0.590.920.78-0.69
0.88-0.85-0.060.440.70.410.97-0.660.230.520.730.94-0.23-0.67-0.420.920.77-0.8-0.570.71-0.36-0.320.750.54-0.53
-0.53-0.060.84-0.86-0.67-0.85-0.440.83-0.940.57-0.6-0.43-0.23-0.27-0.32-0.56-0.61-0.060.680.150.980.9-0.49-0.780.18
-0.380.91-0.630.18-0.210.14-0.510.00.39-0.8-0.34-0.43-0.67-0.270.66-0.4-0.30.970.44-0.97-0.23-0.38-0.160.12-0.07
0.020.72-0.60.420.160.4-0.22-0.180.35-0.460.09-0.1-0.42-0.320.66-0.110.110.630.17-0.62-0.32-0.460.270.46-0.23
0.98-0.63-0.430.750.880.70.99-0.90.560.230.860.980.92-0.56-0.4-0.110.92-0.59-0.670.48-0.68-0.660.90.81-0.6
0.97-0.42-0.490.870.990.870.88-0.90.650.250.990.890.77-0.61-0.30.110.92-0.5-0.560.45-0.71-0.70.910.87-0.41
-0.570.94-0.44-0.05-0.42-0.09-0.680.230.17-0.75-0.54-0.6-0.8-0.060.970.63-0.59-0.50.55-0.98-0.01-0.17-0.33-0.090.01
-0.590.580.27-0.5-0.53-0.48-0.650.61-0.460.11-0.57-0.58-0.570.680.440.17-0.67-0.560.55-0.440.670.47-0.41-0.510.16
0.49-0.870.52-0.010.380.060.58-0.13-0.230.820.510.490.710.15-0.97-0.620.480.45-0.98-0.440.110.260.250.00.14
-0.650.010.87-0.92-0.75-0.89-0.570.91-0.960.49-0.68-0.57-0.360.98-0.23-0.32-0.68-0.71-0.010.670.110.95-0.63-0.870.33
-0.66-0.120.96-0.94-0.74-0.88-0.540.92-0.950.49-0.64-0.59-0.320.9-0.38-0.46-0.66-0.7-0.170.470.260.95-0.72-0.930.51
0.95-0.33-0.560.810.880.760.86-0.870.560.190.840.920.75-0.49-0.160.270.90.91-0.33-0.410.25-0.63-0.720.92-0.73
0.85-0.08-0.820.960.880.910.73-0.950.81-0.180.820.780.54-0.780.120.460.810.87-0.09-0.510.0-0.87-0.930.92-0.61
-0.560.210.46-0.39-0.35-0.25-0.590.53-0.230.04-0.26-0.69-0.530.18-0.07-0.23-0.6-0.410.010.160.140.330.51-0.73-0.61
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Jinhui Mining Account Relationship Matchups

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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.