Chijet Good Will vs Other Current Liab Analysis

CJET Stock

2.02 0.12 5.61%

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 Good Will and its Other Current Liab 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.

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Good Will account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Chijet's Good Will and Other Current Liab is -0.48. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab 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 Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Chijet Motor Company, are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., Chijet's Good Will and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Liab

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

Depreciation And Amortization Interest Income

Chijet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross
Total Assets		-0.75	-0.81	-0.99	0.99	1.0	0.72	-0.83	0.98	0.99	0.88	0.99	-0.97	0.96	0.88	0.97	0.77	0.93	0.99	0.73	0.96	-0.98	0.97	-0.18	0.84	0.76
Short Long Term Debt Total	-0.75		0.47	0.69	-0.79	-0.75	-0.29	0.86	-0.76	-0.69	-0.79	-0.73	0.83	-0.89	-0.79	-0.64	-0.53	-0.53	-0.67	-0.87	-0.63	0.63	-0.63	0.76	-0.79	-0.62
Other Current Liab	-0.81	0.47		0.83	-0.74	-0.8	-0.35	0.59	-0.73	-0.86	-0.84	-0.72	0.82	-0.79	-0.84	-0.92	-0.48	-0.96	-0.84	-0.24	-0.91	0.74	-0.83	-0.02	-0.46	-0.45
Total Current Liabilities	-0.99	0.69	0.83		-0.94	-0.98	-0.72	0.73	-0.93	-0.99	-0.81	-0.96	0.97	-0.92	-0.81	-0.98	-0.67	-0.94	-0.99	-0.65	-0.99	0.97	-0.94	0.08	-0.74	-0.65
Total Stockholder Equity	0.99	-0.79	-0.74	-0.94		0.99	0.73	-0.9	1.0	0.96	0.89	0.99	-0.94	0.96	0.89	0.91	0.85	0.87	0.97	0.81	0.91	-0.97	0.97	-0.28	0.92	0.85
Property Plant And Equipment Net	1.0	-0.75	-0.8	-0.98	0.99		0.73	-0.84	0.98	0.99	0.88	0.99	-0.97	0.95	0.88	0.96	0.78	0.92	0.99	0.74	0.96	-0.98	0.97	-0.18	0.85	0.77
Current Deferred Revenue	0.72	-0.29	-0.35	-0.72	0.73	0.73		-0.49	0.76	0.71	0.39	0.81	-0.58	0.53	0.39	0.63	0.76	0.6	0.74	0.61	0.64	-0.85	0.75	0.26	0.7	0.7
Net Debt	-0.83	0.86	0.59	0.73	-0.9	-0.84	-0.49		-0.9	-0.78	-0.93	-0.85	0.8	-0.91	-0.93	-0.71	-0.87	-0.67	-0.8	-0.85	-0.69	0.78	-0.84	0.58	-0.95	-0.91
Retained Earnings	0.98	-0.76	-0.73	-0.93	1.0	0.98	0.76	-0.9		0.96	0.89	0.99	-0.92	0.94	0.89	0.9	0.88	0.86	0.97	0.8	0.89	-0.97	0.97	-0.24	0.93	0.88
Accounts Payable	0.99	-0.69	-0.86	-0.99	0.96	0.99	0.71	-0.78	0.96		0.86	0.97	-0.97	0.93	0.86	0.99	0.73	0.96	1.0	0.65	0.99	-0.97	0.97	-0.09	0.78	0.71
Cash	0.88	-0.79	-0.84	-0.81	0.89	0.88	0.39	-0.93	0.89	0.86		0.84	-0.87	0.95	1.0	0.85	0.75	0.84	0.86	0.64	0.83	-0.79	0.89	-0.44	0.81	0.78
Non Current Assets Total	0.99	-0.73	-0.72	-0.96	0.99	0.99	0.81	-0.85	0.99	0.97	0.84		-0.93	0.93	0.84	0.92	0.84	0.87	0.98	0.79	0.91	-0.99	0.97	-0.17	0.9	0.83
Non Currrent Assets Other	-0.97	0.83	0.82	0.97	-0.94	-0.97	-0.58	0.8	-0.92	-0.97	-0.87	-0.93		-0.97	-0.87	-0.96	-0.62	-0.9	-0.95	-0.71	-0.96	0.91	-0.89	0.29	-0.76	-0.63
Long Term Debt	0.96	-0.89	-0.79	-0.92	0.96	0.95	0.53	-0.91	0.94	0.93	0.95	0.93	-0.97		0.95	0.91	0.72	0.85	0.93	0.78	0.9	-0.88	0.9	-0.44	0.85	0.75
Cash And Short Term Investments	0.88	-0.79	-0.84	-0.81	0.89	0.88	0.39	-0.93	0.89	0.86	1.0	0.84	-0.87	0.95		0.85	0.75	0.84	0.86	0.64	0.83	-0.79	0.89	-0.44	0.81	0.78
Net Receivables	0.97	-0.64	-0.92	-0.98	0.91	0.96	0.63	-0.71	0.9	0.99	0.85	0.92	-0.96	0.91	0.85		0.64	0.98	0.98	0.54	1.0	-0.93	0.94	-0.04	0.68	0.61
Good Will	0.77	-0.53	-0.48	-0.67	0.85	0.78	0.76	-0.87	0.88	0.73	0.75	0.84	-0.62	0.72	0.75	0.64		0.63	0.77	0.74	0.62	-0.82	0.86	-0.19	0.93	0.99
Common Stock Shares Outstanding	0.93	-0.53	-0.96	-0.94	0.87	0.92	0.6	-0.67	0.86	0.96	0.84	0.87	-0.9	0.85	0.84	0.98	0.63		0.95	0.42	0.98	-0.9	0.94	0.06	0.62	0.59
Non Current Liabilities Total	0.99	-0.67	-0.84	-0.99	0.97	0.99	0.74	-0.8	0.97	1.0	0.86	0.98	-0.95	0.93	0.86	0.98	0.77	0.95		0.66	0.97	-0.98	0.98	-0.08	0.8	0.75
Inventory	0.73	-0.87	-0.24	-0.65	0.81	0.74	0.61	-0.85	0.8	0.65	0.64	0.79	-0.71	0.78	0.64	0.54	0.74	0.42	0.66		0.53	-0.71	0.65	-0.61	0.92	0.8
Other Current Assets	0.96	-0.63	-0.91	-0.99	0.91	0.96	0.64	-0.69	0.89	0.99	0.83	0.91	-0.96	0.9	0.83	1.0	0.62	0.98	0.97	0.53		-0.93	0.93	-0.02	0.66	0.59
Other Stockholder Equity	-0.98	0.63	0.74	0.97	-0.97	-0.98	-0.85	0.78	-0.97	-0.97	-0.79	-0.99	0.91	-0.88	-0.79	-0.93	-0.82	-0.9	-0.98	-0.71	-0.93		-0.97	0.03	-0.84	-0.79
Total Liab	0.97	-0.63	-0.83	-0.94	0.97	0.97	0.75	-0.84	0.97	0.97	0.89	0.97	-0.89	0.9	0.89	0.94	0.86	0.94	0.98	0.65	0.93	-0.97		-0.08	0.85	0.84
Net Invested Capital	-0.18	0.76	-0.02	0.08	-0.28	-0.18	0.26	0.58	-0.24	-0.09	-0.44	-0.17	0.29	-0.44	-0.44	-0.04	-0.19	0.06	-0.08	-0.61	-0.02	0.03	-0.08		-0.45	-0.32
Long Term Investments	0.84	-0.79	-0.46	-0.74	0.92	0.85	0.7	-0.95	0.93	0.78	0.81	0.9	-0.76	0.85	0.81	0.68	0.93	0.62	0.8	0.92	0.66	-0.84	0.85	-0.45		0.96
Property Plant And Equipment Gross	0.76	-0.62	-0.45	-0.65	0.85	0.77	0.7	-0.91	0.88	0.71	0.78	0.83	-0.63	0.75	0.78	0.61	0.99	0.59	0.75	0.8	0.59	-0.79	0.84	-0.32	0.96

Click cells to compare fundamentals

Chijet Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Chijet Good Will vs Other Current Liab Analysis

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

Correlation Coefficient

Good Will

Other Current Liab

Chijet fundamental ratios Correlations

Chijet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Chijet Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Accounts Payable
Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 1.0	Net Receivables
Total Stockholder Equity	+ 0.99	Total Assets

Other Stockholder Equity	- 0.99	Non Current Assets Total
Other Current Assets	- 0.99	Total Current Liabilities
Non Current Liabilities Total	- 0.99	Total Current Liabilities
Accounts Payable	- 0.99	Total Current Liabilities
Total Current Liabilities	- 0.99	Total Assets
Other Stockholder Equity	- 0.98	Non Current Liabilities Total