Jinhui Total Current Liabilities vs Other Current Liab 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 Total Current Liabilities and its Other Current Liab 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.
Total Current Liabilities vs Other Current Liab
Total Current Liabilities vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Mining Total Current Liabilities account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jinhui Mining's Total Current Liabilities and Other Current Liab is -0.38. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Liab 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 Total Current Liabilities and Other Current Liab 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 Liabilities of Jinhui Mining Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Current Liabilities i.e., Jinhui Mining's Total Current Liabilities and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Jinhui Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jinhui Mining Co are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Current Liab
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
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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.