Jiangxi Net Working Capital vs Property Plant And Equipment Gross Analysis
688057 Stock | 11.59 0.25 2.11% |
Jiangxi JDL financial indicator trend analysis is infinitely more than just investigating Jiangxi JDL Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi JDL Environmental is a good investment. Please check the relationship between Jiangxi JDL Net Working Capital and its Property Plant And Equipment Gross accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi JDL Environmental. 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.
Net Working Capital vs Property Plant And Equipment Gross
Net Working Capital vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi JDL Environmental Net Working Capital account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangxi JDL's Net Working Capital and Property Plant And Equipment Gross is 0.67. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Jiangxi JDL Environmental, assuming nothing else is changed. The correlation between historical values of Jiangxi JDL's Net Working Capital and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Jiangxi JDL Environmental are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Working Capital i.e., Jiangxi JDL's Net Working Capital and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Working Capital
Property Plant And Equipment Gross
Most indicators from Jiangxi JDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi JDL 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 Jiangxi JDL Environmental. 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 82.8 M, whereas Tax Provision is forecasted to decline to about 10.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.2M | 1.8M | 2.5M | 2.8M | Interest Income | 40.5M | 31.1M | 41.5M | 26.8M |
Jiangxi JDL fundamental ratios Correlations
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Jiangxi JDL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Jiangxi JDL Environmental at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi JDL Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi JDL 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.