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 Total Stockholder Equity and its Property Plant Equipment 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 Stockholder Equity vs Property Plant Equipment
Total Stockholder Equity vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jingjin Environmental Total Stockholder Equity account and
Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jingjin Environmental's Total Stockholder Equity and Property Plant Equipment is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant Equipment 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 Stockholder Equity and Property Plant Equipment 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 Stockholder Equity of Jingjin Environmental Protection are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Stockholder Equity i.e., Jingjin Environmental's Total Stockholder Equity and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Property Plant Equipment
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.