Chijet Retained Earnings vs Common Stock Shares Outstanding 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 Retained Earnings and its Common Stock Shares Outstanding 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chijet Motor , Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chijet's Retained Earnings and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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 Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Chijet Motor Company, are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Chijet's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Amortization54.3M44.7M34.6M38.4M
Interest Income1.9M840K681K647.0K

Chijet fundamental ratios Correlations

-0.75-0.81-0.990.991.00.72-0.830.980.990.880.99-0.970.960.880.970.770.930.990.730.96-0.980.97-0.180.840.76
-0.750.470.69-0.79-0.75-0.290.86-0.76-0.69-0.79-0.730.83-0.89-0.79-0.64-0.53-0.53-0.67-0.87-0.630.63-0.630.76-0.79-0.62
-0.810.470.83-0.74-0.8-0.350.59-0.73-0.86-0.84-0.720.82-0.79-0.84-0.92-0.48-0.96-0.84-0.24-0.910.74-0.83-0.02-0.46-0.45
-0.990.690.83-0.94-0.98-0.720.73-0.93-0.99-0.81-0.960.97-0.92-0.81-0.98-0.67-0.94-0.99-0.65-0.990.97-0.940.08-0.74-0.65
0.99-0.79-0.74-0.940.990.73-0.91.00.960.890.99-0.940.960.890.910.850.870.970.810.91-0.970.97-0.280.920.85
1.0-0.75-0.8-0.980.990.73-0.840.980.990.880.99-0.970.950.880.960.780.920.990.740.96-0.980.97-0.180.850.77
0.72-0.29-0.35-0.720.730.73-0.490.760.710.390.81-0.580.530.390.630.760.60.740.610.64-0.850.750.260.70.7
-0.830.860.590.73-0.9-0.84-0.49-0.9-0.78-0.93-0.850.8-0.91-0.93-0.71-0.87-0.67-0.8-0.85-0.690.78-0.840.58-0.95-0.91
0.98-0.76-0.73-0.931.00.980.76-0.90.960.890.99-0.920.940.890.90.880.860.970.80.89-0.970.97-0.240.930.88
0.99-0.69-0.86-0.990.960.990.71-0.780.960.860.97-0.970.930.860.990.730.961.00.650.99-0.970.97-0.090.780.71
0.88-0.79-0.84-0.810.890.880.39-0.930.890.860.84-0.870.951.00.850.750.840.860.640.83-0.790.89-0.440.810.78
0.99-0.73-0.72-0.960.990.990.81-0.850.990.970.84-0.930.930.840.920.840.870.980.790.91-0.990.97-0.170.90.83
-0.970.830.820.97-0.94-0.97-0.580.8-0.92-0.97-0.87-0.93-0.97-0.87-0.96-0.62-0.9-0.95-0.71-0.960.91-0.890.29-0.76-0.63
0.96-0.89-0.79-0.920.960.950.53-0.910.940.930.950.93-0.970.950.910.720.850.930.780.9-0.880.9-0.440.850.75
0.88-0.79-0.84-0.810.890.880.39-0.930.890.861.00.84-0.870.950.850.750.840.860.640.83-0.790.89-0.440.810.78
0.97-0.64-0.92-0.980.910.960.63-0.710.90.990.850.92-0.960.910.850.640.980.980.541.0-0.930.94-0.040.680.61
0.77-0.53-0.48-0.670.850.780.76-0.870.880.730.750.84-0.620.720.750.640.630.770.740.62-0.820.86-0.190.930.99
0.93-0.53-0.96-0.940.870.920.6-0.670.860.960.840.87-0.90.850.840.980.630.950.420.98-0.90.940.060.620.59
0.99-0.67-0.84-0.990.970.990.74-0.80.971.00.860.98-0.950.930.860.980.770.950.660.97-0.980.98-0.080.80.75
0.73-0.87-0.24-0.650.810.740.61-0.850.80.650.640.79-0.710.780.640.540.740.420.660.53-0.710.65-0.610.920.8
0.96-0.63-0.91-0.990.910.960.64-0.690.890.990.830.91-0.960.90.831.00.620.980.970.53-0.930.93-0.020.660.59
-0.980.630.740.97-0.97-0.98-0.850.78-0.97-0.97-0.79-0.990.91-0.88-0.79-0.93-0.82-0.9-0.98-0.71-0.93-0.970.03-0.84-0.79
0.97-0.63-0.83-0.940.970.970.75-0.840.970.970.890.97-0.890.90.890.940.860.940.980.650.93-0.97-0.080.850.84
-0.180.76-0.020.08-0.28-0.180.260.58-0.24-0.09-0.44-0.170.29-0.44-0.44-0.04-0.190.06-0.08-0.61-0.020.03-0.08-0.45-0.32
0.84-0.79-0.46-0.740.920.850.7-0.950.930.780.810.9-0.760.850.810.680.930.620.80.920.66-0.840.85-0.450.96
0.76-0.62-0.45-0.650.850.770.7-0.910.880.710.780.83-0.630.750.780.610.990.590.750.80.59-0.790.84-0.320.96
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Chijet Account Relationship Matchups

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