Chijet Cash Ratio vs Begin Period Cash Flow Analysis
CJET Stock | 2.06 0.04 1.98% |
Chijet financial indicator trend analysis is way more than just evaluating Chijet Motor , prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chijet Motor , is a good investment. Please check the relationship between Chijet Cash Ratio and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chijet Motor Company,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Cash Ratio vs Begin Period Cash Flow
Cash Ratio vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Cash Ratio account and Begin Period Cash Flow. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chijet's Cash Ratio and Begin Period Cash Flow is 0.95. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Chijet Motor Company,, assuming nothing else is changed. The correlation between historical values of Chijet's Cash Ratio and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of Chijet Motor Company, are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Cash Ratio i.e., Chijet's Cash Ratio and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash Ratio
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Chijet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chijet Motor , 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 Chijet Motor Company,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Selling General Administrative is likely to gain to about 54.3 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (10.19) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 54.3M | 44.7M | 34.6M | 38.4M | Interest Income | 1.9M | 840K | 681K | 647.0K |
Chijet fundamental ratios Correlations
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Chijet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Chijet Stock Analysis
When running Chijet's price analysis, check to measure Chijet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chijet is operating at the current time. Most of Chijet's value examination focuses on studying past and present price action to predict the probability of Chijet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chijet's price. Additionally, you may evaluate how the addition of Chijet to your portfolios can decrease your overall portfolio volatility.