Jiangxi Selling General Administrative vs Total Current Assets Analysis
688057 Stock | 12.05 0.27 2.29% |
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 Total Current Assets 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 Total Current Assets
Selling General Administrative vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi JDL Environmental Selling General Administrative account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jiangxi JDL's Selling General Administrative and Total Current Assets is -0.56. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Assets 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 Total Current Assets 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 Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Selling General Administrative i.e., Jiangxi JDL's Selling General Administrative and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
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.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
Click cells to compare fundamentals
Jiangxi JDL Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangxi Stock
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.