| 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 Currrent Assets Other and its Total Assets 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 Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jardine Matheson Holdings Non Currrent Assets Other account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jardine Matheson's Non Currrent Assets Other and Total Assets is 0.61. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Currrent Assets Other and Total Assets 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 Jardine Matheson Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., Jardine Matheson's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| 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.
Total Assets
Total assets refers to the total amount of Jardine Matheson assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jardine Matheson Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.