JASH Stock | | | 597.95 5.75 0.95% |
Jash Engineering financial indicator trend analysis is infinitely more than just investigating Jash Engineering recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jash Engineering is a good investment. Please check the relationship between Jash Engineering Net Interest Income and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jash Engineering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Interest Income vs Income Tax Expense
Net Interest Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jash Engineering Net Interest Income account and
Income Tax Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between Jash Engineering's Net Interest Income and Income Tax Expense is -0.78. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Jash Engineering Limited, assuming nothing else is changed. The correlation between historical values of Jash Engineering's Net Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Jash Engineering Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Net Interest Income i.e., Jash Engineering's Net Interest Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Income Tax Expense
Most indicators from Jash Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jash Engineering 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 Jash Engineering Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 992.4
M in 2024.
Tax Provision is likely to gain to about 172.8
M in 2024
Jash Engineering fundamental ratios Correlations
Click cells to compare fundamentals
Jash Engineering Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jash Engineering fundamental ratios Accounts
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Additional Tools for Jash Stock Analysis
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measure Jash Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jash Engineering is operating at the current time. Most of Jash Engineering's value examination focuses on studying past and present price action to
predict the probability of Jash Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jash Engineering's price. Additionally, you may evaluate how the addition of Jash Engineering to your portfolios can decrease your overall portfolio volatility.