603279 Stock | | | 19.63 0.06 0.30% |
Jingjin Environmental financial indicator trend analysis is infinitely more than just investigating Jingjin Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jingjin Environmental is a good investment. Please check the relationship between Jingjin Environmental Intangible Assets and its Non Current Liabilities Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jingjin Environmental Protection. 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.
Intangible Assets vs Non Current Liabilities Total
Intangible Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jingjin Environmental Intangible Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jingjin Environmental's Intangible Assets and Non Current Liabilities Total is 0.87. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Jingjin Environmental Protection, assuming nothing else is changed. The correlation between historical values of Jingjin Environmental's Intangible Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Jingjin Environmental Protection are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Intangible Assets i.e., Jingjin Environmental's Intangible Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Non Current Liabilities Total
Most indicators from Jingjin Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jingjin Environmental 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 Jingjin Environmental Protection. 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 December 3, 2024,
Tax Provision is expected to decline to about 149.1
M. In addition to that,
Selling General Administrative is expected to decline to about 290
MJingjin Environmental fundamental ratios Correlations
Click cells to compare fundamentals
Jingjin Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jingjin Environmental fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jingjin Stock
Balance Sheet is a snapshot of the
financial position of Jingjin Environmental at a specified time, usually calculated after every quarter, six months, or one year. Jingjin Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jingjin Environmental 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 Jingjin currently owns. An asset can also be divided into two categories, current and non-current.