Jinhui Other Current Liab vs Net Invested Capital Analysis
603132 Stock | 11.67 0.08 0.68% |
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 Other Current Liab and its Net Invested Capital 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.
Other Current Liab vs Net Invested Capital
Other Current Liab vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Mining Other Current Liab account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jinhui Mining's Other Current Liab and Net Invested Capital is -0.08. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Invested Capital 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 Other Current Liab and Net Invested Capital 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 Current Liab of Jinhui Mining Co are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Other Current Liab i.e., Jinhui Mining's Other Current Liab and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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.