Jingjin Total Current Assets vs Net Invested Capital Analysis

603279 Stock

16.10 0.04 0.25%

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 Total Current Assets and its Net Invested Capital 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.

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jingjin Environmental Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Jingjin Environmental's Total Current Assets and Net Invested Capital is 0.98. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital 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 Total Current Assets 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 Total Current Assets of Jingjin Environmental Protection 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 Total Current Assets i.e., Jingjin Environmental's Total Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 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.

The current year's Selling General Administrative is expected to grow to about 189.9 M, whereas Tax Provision is forecasted to decline to about 164.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.7B	2.0B	1.8B	1.4B
Total Revenue	5.7B	6.2B	6.1B	4.4B

Gross Profit Total Revenue

Jingjin Environmental fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Non Currrent Assets Other	Capital Stock
Total Assets		0.27	1.0	1.0	0.89	0.99	1.0	0.96	0.95	0.96	0.93	0.45	0.77	0.99	0.5	0.99	1.0	0.99	0.92	0.97	0.96	0.96	0.99	0.92	-0.85	0.96
Other Current Liab	0.27		0.29	0.25	0.03	0.32	0.31	0.2	0.45	0.09	0.19	-0.22	-0.22	0.29	0.78	0.32	0.28	0.33	0.09	0.18	0.2	0.16	0.18	0.39	-0.43	0.15
Total Current Liabilities	1.0	0.29		0.99	0.89	0.98	0.99	0.97	0.95	0.96	0.92	0.46	0.76	0.99	0.53	0.98	1.0	0.99	0.92	0.97	0.96	0.96	0.99	0.91	-0.84	0.96
Total Stockholder Equity	1.0	0.25	0.99		0.89	0.99	0.99	0.94	0.96	0.96	0.94	0.42	0.77	0.99	0.47	0.99	0.99	0.99	0.9	0.95	0.95	0.95	1.0	0.93	-0.87	0.95
Other Liab	0.89	0.03	0.89	0.89		0.85	0.88	0.9	0.79	0.92	0.96	0.48	0.95	0.86	0.48	0.85	0.89	0.86	0.93	0.88	0.87	0.94	0.91	0.76	-0.68	0.95
Net Tangible Assets	0.99	0.32	0.98	0.99	0.85		0.98	0.93	0.96	0.95	0.91	0.42	0.73	0.97	0.49	1.0	0.98	0.98	0.89	0.96	0.95	0.92	0.98	0.92	-0.87	0.92
Retained Earnings	1.0	0.31	0.99	0.99	0.88	0.98		0.95	0.96	0.95	0.94	0.39	0.75	0.99	0.53	0.98	0.99	0.99	0.9	0.95	0.95	0.95	0.99	0.92	-0.85	0.94
Accounts Payable	0.96	0.2	0.97	0.94	0.9	0.93	0.95		0.85	0.98	0.87	0.54	0.79	0.94	0.54	0.93	0.97	0.93	0.97	0.98	0.98	0.99	0.95	0.79	-0.7	0.98
Cash	0.95	0.45	0.95	0.96	0.79	0.96	0.96	0.85		0.85	0.89	0.27	0.65	0.95	0.56	0.95	0.94	0.98	0.8	0.87	0.85	0.88	0.94	0.98	-0.95	0.87
Non Current Assets Total	0.96	0.09	0.96	0.96	0.92	0.95	0.95	0.98	0.85		0.9	0.51	0.83	0.94	0.42	0.95	0.97	0.93	0.97	0.98	0.99	0.97	0.97	0.79	-0.71	0.97
Other Assets	0.93	0.19	0.92	0.94	0.96	0.91	0.94	0.87	0.89	0.9		0.35	0.88	0.91	0.51	0.91	0.92	0.92	0.86	0.86	0.87	0.9	0.94	0.88	-0.81	0.91
Net Receivables	0.45	-0.22	0.46	0.42	0.48	0.42	0.39	0.54	0.27	0.51	0.35		0.56	0.43	0.07	0.4	0.46	0.41	0.51	0.56	0.5	0.53	0.45	0.27	-0.3	0.53
Non Current Liabilities Total	0.77	-0.22	0.76	0.77	0.95	0.73	0.75	0.79	0.65	0.83	0.88	0.56		0.74	0.25	0.73	0.77	0.73	0.84	0.78	0.76	0.83	0.81	0.64	-0.59	0.85
Inventory	0.99	0.29	0.99	0.99	0.86	0.97	0.99	0.94	0.95	0.94	0.91	0.43	0.74		0.5	0.98	0.99	0.99	0.87	0.94	0.93	0.93	0.98	0.93	-0.85	0.93
Other Current Assets	0.5	0.78	0.53	0.47	0.48	0.49	0.53	0.54	0.56	0.42	0.51	0.07	0.25	0.5		0.5	0.53	0.52	0.49	0.47	0.49	0.53	0.43	0.46	-0.44	0.53
Other Stockholder Equity	0.99	0.32	0.98	0.99	0.85	1.0	0.98	0.93	0.95	0.95	0.91	0.4	0.73	0.98	0.5		0.99	0.98	0.88	0.96	0.95	0.92	0.98	0.91	-0.86	0.91
Total Liab	1.0	0.28	1.0	0.99	0.89	0.98	0.99	0.97	0.94	0.97	0.92	0.46	0.77	0.99	0.53	0.99		0.99	0.93	0.97	0.96	0.97	0.99	0.9	-0.84	0.96
Total Current Assets	0.99	0.33	0.99	0.99	0.86	0.98	0.99	0.93	0.98	0.93	0.92	0.41	0.73	0.99	0.52	0.98	0.99		0.88	0.94	0.92	0.94	0.98	0.95	-0.9	0.93
Intangible Assets	0.92	0.09	0.92	0.9	0.93	0.89	0.9	0.97	0.8	0.97	0.86	0.51	0.84	0.87	0.49	0.88	0.93	0.88		0.96	0.96	0.98	0.92	0.72	-0.65	0.98
Common Stock	0.97	0.18	0.97	0.95	0.88	0.96	0.95	0.98	0.87	0.98	0.86	0.56	0.78	0.94	0.47	0.96	0.97	0.94	0.96		0.99	0.97	0.96	0.8	-0.74	0.96
Property Plant Equipment	0.96	0.2	0.96	0.95	0.87	0.95	0.95	0.98	0.85	0.99	0.87	0.5	0.76	0.93	0.49	0.95	0.96	0.92	0.96	0.99		0.96	0.95	0.77	-0.69	0.95
Common Stock Shares Outstanding	0.96	0.16	0.96	0.95	0.94	0.92	0.95	0.99	0.88	0.97	0.9	0.53	0.83	0.93	0.53	0.92	0.97	0.94	0.98	0.97	0.96		0.96	0.82	-0.74	1.0
Net Invested Capital	0.99	0.18	0.99	1.0	0.91	0.98	0.99	0.95	0.94	0.97	0.94	0.45	0.81	0.98	0.43	0.98	0.99	0.98	0.92	0.96	0.95	0.96		0.92	-0.85	0.96
Net Working Capital	0.92	0.39	0.91	0.93	0.76	0.92	0.92	0.79	0.98	0.79	0.88	0.27	0.64	0.93	0.46	0.91	0.9	0.95	0.72	0.8	0.77	0.82	0.92		-0.97	0.82
Non Currrent Assets Other	-0.85	-0.43	-0.84	-0.87	-0.68	-0.87	-0.85	-0.7	-0.95	-0.71	-0.81	-0.3	-0.59	-0.85	-0.44	-0.86	-0.84	-0.9	-0.65	-0.74	-0.69	-0.74	-0.85	-0.97		-0.75
Capital Stock	0.96	0.15	0.96	0.95	0.95	0.92	0.94	0.98	0.87	0.97	0.91	0.53	0.85	0.93	0.53	0.91	0.96	0.93	0.98	0.96	0.95	1.0	0.96	0.82	-0.75

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Jingjin Environmental Account Relationship Matchups

Jingjin Environmental fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.2B	6.0B	8.0B	8.6B	8.7B	6.1B
Other Current Liab	1.7B	1.9B	3.0B	142.6M	127.7M	121.3M
Total Current Liabilities	2.2B	2.5B	3.9B	4.0B	4.0B	2.7B
Total Stockholder Equity	3.0B	3.4B	4.0B	4.5B	4.5B	3.4B
Other Liab	27.1M	40.1M	58.3M	92.4M	106.2M	111.5M
Net Tangible Assets	2.5B	2.8B	3.2B	3.7B	4.3B	2.7B
Retained Earnings	1.3B	1.7B	2.2B	2.3B	2.2B	1.6B
Accounts Payable	221.6M	247.9M	548.8M	534.2M	559.9M	348.4M
Cash	1.6B	1.5B	2.0B	1.8B	1.7B	1.4B
Non Current Assets Total	1.2B	1.6B	2.3B	2.7B	3.0B	1.8B
Other Assets	76.2M	136.1M	251.6M	259.6M	298.6M	313.5M
Net Receivables	439.1M	530.1M	709.2M	725.2M	872.6M	741.9M
Non Current Liabilities Total	40.1M	58.3M	93.5M	126.0M	206.9M	217.3M
Inventory	1.6B	1.9B	2.5B	2.8B	2.6B	1.9B
Other Current Assets	84.4M	102.5M	236.6M	61.8M	66.4M	101.9M
Other Stockholder Equity	26.6M	31.0M	35.3M	40.6M	46.6M	30.2M
Total Liab	2.3B	2.6B	4.0B	4.1B	4.2B	2.8B
Total Current Assets	4.0B	4.3B	5.6B	6.0B	5.7B	4.3B
Intangible Assets	205.0M	200.4M	290.7M	282.3M	308.5M	246.5M
Common Stock	400.0M	411.7M	411.9M	576.7M	663.2M	447.3M
Property Plant Equipment	814.2M	894.2M	1.2B	1.8B	2.0B	1.1B
Common Stock Shares Outstanding	411.7M	411.9M	576.7M	576.7M	576.5M	505.0M
Net Invested Capital	3.0B	3.4B	4.0B	4.7B	4.7B	3.6B
Net Working Capital	1.8B	1.8B	1.8B	2.0B	1.7B	1.7B
Non Currrent Assets Other	33.8M	131.4M	119.6M	145.7M	126.0M	157.9M
Capital Stock	411.7M	411.9M	576.7M	576.7M	576.5M	520.6M
Property Plant And Equipment Net	894.2M	1.2B	1.8B	2.1B	2.4B	1.7B
Property Plant And Equipment Gross	1.5B	1.8B	2.5B	3.0B	2.4B	2.3B

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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.

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Jingjin Total Current Assets vs Net Invested Capital Analysis

Total Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Invested Capital

Jingjin Environmental fundamental ratios Correlations

Jingjin Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jingjin Environmental fundamental ratios Accounts

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Other Information on Investing in Jingjin Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity

Non Currrent Assets Other	- 0.97	Net Working Capital
Non Currrent Assets Other	- 0.95	Cash
Non Currrent Assets Other	- 0.9	Total Current Assets
Non Currrent Assets Other	- 0.87	Net Tangible Assets
Non Currrent Assets Other	- 0.87	Total Stockholder Equity
Non Currrent Assets Other	- 0.86	Other Stockholder Equity