603979 Stock | | | 39.08 0.38 0.98% |
JCHX Mining financial indicator trend analysis is infinitely more than just investigating JCHX Mining Management recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JCHX Mining Management is a good investment. Please check the relationship between JCHX Mining Ebit and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JCHX Mining Management. 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JCHX Mining Management Ebit account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JCHX Mining's Ebit and Gross Profit is 0.95. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of JCHX Mining Management, assuming nothing else is changed. The correlation between historical values of JCHX Mining's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of JCHX Mining Management are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., JCHX Mining's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of JCHX Mining Management minus its cost of goods sold. It is profit before JCHX Mining operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from JCHX Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JCHX Mining Management 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 JCHX Mining Management. 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 November 29, 2024,
Selling General Administrative is expected to decline to about 96.3
M. In addition to that,
Tax Provision is expected to decline to about 153.5
MJCHX Mining fundamental ratios Correlations
Click cells to compare fundamentals
JCHX Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JCHX Mining fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in JCHX Stock
Balance Sheet is a snapshot of the
financial position of JCHX Mining Management at a specified time, usually calculated after every quarter, six months, or one year. JCHX Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JCHX 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 JCHX currently owns. An asset can also be divided into two categories, current and non-current.