Chijet Inventory vs Non Current Liabilities Total 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 Inventory and its Non Current Liabilities Total 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.
Inventory vs Non Current Liabilities Total
Inventory vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Chijet's Inventory and Non Current Liabilities Total is 0.66. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total 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 Inventory and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Chijet Motor Company, are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Chijet's Inventory and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Non Current Liabilities Total
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
Click cells to compare fundamentals
Chijet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.