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 Selling General Administrative and its Operating Income 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.
Selling General Administrative vs Operating Income
Selling General Administrative vs Operating Income Correlation Analysis
The correlation between Jiangxi JDL's Selling General Administrative and Operating Income is 0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income 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 Selling General Administrative and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Jiangxi JDL Environmental are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Selling General Administrative i.e., Jiangxi JDL's Selling General Administrative and Operating Income go up and down completely randomly.
Operating Income is the amount of profit realized from Jiangxi JDL Environmental operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jiangxi JDL Environmental is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 9.3 M.
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.