Chijet Non Currrent Assets Other vs Cash 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 Non Currrent Assets Other and its Cash 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.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Chijet's Non Currrent Assets Other and Cash is -0.87. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash 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 Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Chijet Motor Company, are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Chijet's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash
Cash refers to the most liquid asset of Chijet Motor ,, which is listed under current asset account on Chijet Motor Company, balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Chijet customers. The amounts must be unrestricted with restricted cash listed in a different Chijet account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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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