| JAR Stock | | | 62.50 0.00 0.00% |
Jardine Matheson financial indicator trend analysis is infinitely more than just investigating Jardine Matheson Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jardine Matheson Holdings is a good investment. Please check the relationship between Jardine Matheson Non Current Assets Total and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Non Current Assets Total vs Accounts Payable
Non Current Assets Total vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jardine Matheson Holdings Non Current Assets Total account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jardine Matheson's Non Current Assets Total and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Jardine Matheson Holdings, assuming nothing else is changed. The correlation between historical values of Jardine Matheson's Non Current Assets Total and Accounts Payable 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 Current Assets Total of Jardine Matheson Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., Jardine Matheson's Non Current Assets Total and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Accounts Payable
An accounting item on the balance sheet that represents Jardine Matheson obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jardine Matheson Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Jardine Matheson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jardine Matheson Holdings 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 964.5
M, whereas
Selling General Administrative is forecasted to decline to about 1.6
B.
Jardine Matheson fundamental ratios Correlations
Click cells to compare fundamentals
Jardine Matheson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jardine Matheson fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Jardine Stock
Balance Sheet is a snapshot of the
financial position of Jardine Matheson Holdings at a specified time, usually calculated after every quarter, six months, or one year. Jardine Matheson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jardine Matheson and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jardine currently owns. An asset can also be divided into two categories, current and non-current.