Chijet Retained Earnings vs Inventory 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 Inventory 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 Inventory

Retained Earnings vs Inventory 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 Inventory. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Chijet's Retained Earnings and Inventory is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory 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 Inventory 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 Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Chijet's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Inventory

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

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Chijet Retained Earnings vs Inventory Analysis

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

Correlation Coefficient

Retained Earnings

Inventory

Chijet fundamental ratios Correlations

Chijet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Chijet Stock Analysis

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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