Jash Other Current Assets vs Non Current Liabilities Total Analysis

JASH Stock   548.30  27.10  5.20%   
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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jash Engineering Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jash Engineering's Other Current Assets and Non Current Liabilities Total is 0.69. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Other Current Assets and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Jash Engineering Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Jash Engineering's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Liabilities Total

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 1.1 B in 2025. Tax Provision is likely to gain to about 198.7 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense99.3M110.3M126.8M72.4M
Depreciation And Amortization106.5M107.7M123.8M72.6M

Jash Engineering fundamental ratios Correlations

0.750.560.991.00.860.790.660.990.810.880.860.920.920.830.660.630.930.490.990.60.960.851.00.720.25
0.750.590.810.690.860.410.980.70.910.420.890.620.480.920.860.370.50.680.70.670.630.920.730.970.48
0.560.590.570.540.630.070.560.60.580.270.620.680.330.720.560.360.350.420.520.710.440.640.560.580.16
0.990.810.570.970.870.760.740.970.850.820.870.90.880.860.70.620.890.490.980.60.940.880.990.790.28
1.00.690.540.970.840.810.591.00.780.910.840.930.950.790.60.650.960.441.00.580.970.821.00.660.2
0.860.860.630.870.840.590.770.850.910.660.980.80.720.970.680.630.740.510.840.680.80.980.860.850.19
0.790.410.070.760.810.590.290.780.540.880.590.730.90.510.350.560.890.080.820.070.830.570.790.430.06
0.660.980.560.740.590.770.290.60.840.270.790.540.350.850.80.30.380.670.60.650.550.830.640.960.44
0.990.70.60.971.00.850.780.60.780.890.850.950.930.810.620.640.940.450.990.590.950.830.990.660.22
0.810.910.580.850.780.910.540.840.780.560.950.740.620.940.80.420.630.560.780.730.740.960.80.880.36
0.880.420.270.820.910.660.880.270.890.560.670.790.990.550.440.590.970.320.910.330.880.630.890.360.17
0.860.890.620.870.840.980.590.790.850.950.670.780.720.960.790.530.730.60.840.70.790.990.860.840.31
0.920.620.680.90.930.80.730.540.950.740.790.780.840.790.510.630.850.30.910.570.870.770.920.630.11
0.920.480.330.880.950.720.90.350.930.620.990.720.840.620.440.641.00.30.950.370.940.690.930.450.1
0.830.920.720.860.790.970.510.850.810.940.550.960.790.620.770.550.640.520.790.690.730.980.820.920.3
0.660.860.560.70.60.680.350.80.620.80.440.790.510.440.770.190.440.780.610.620.50.80.640.750.67
0.630.370.360.620.650.630.560.30.640.420.590.530.630.640.550.190.66-0.060.660.310.650.540.650.46-0.19
0.930.50.350.890.960.740.890.380.940.630.970.730.851.00.640.440.660.290.960.390.960.70.940.480.07
0.490.680.420.490.440.510.080.670.450.560.320.60.30.30.520.78-0.060.290.430.690.360.580.470.50.62
0.990.70.520.981.00.840.820.60.990.780.910.840.910.950.790.610.660.960.430.560.970.831.00.670.21
0.60.670.710.60.580.680.070.650.590.730.330.70.570.370.690.620.310.390.690.560.530.710.590.60.29
0.960.630.440.940.970.80.830.550.950.740.880.790.870.940.730.50.650.960.360.970.530.770.960.630.11
0.850.920.640.880.820.980.570.830.830.960.630.990.770.690.980.80.540.70.580.830.710.770.850.890.32
1.00.730.560.991.00.860.790.640.990.80.890.860.920.930.820.640.650.940.471.00.590.960.850.710.23
0.720.970.580.790.660.850.430.960.660.880.360.840.630.450.920.750.460.480.50.670.60.630.890.710.31
0.250.480.160.280.20.190.060.440.220.360.170.310.110.10.30.67-0.190.070.620.210.290.110.320.230.31
Click cells to compare fundamentals

Jash Engineering Account Relationship Matchups

Jash Engineering fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.2B3.7B4.5B6.0B6.9B7.3B
Short Long Term Debt Total719.8M819.8M818.8M800.8M920.9M670.1M
Other Current Liab364.9M356.4M620.4M241.1M277.3M185.2M
Total Current Liabilities1.3B1.6B1.9B2.3B2.7B2.8B
Total Stockholder Equity1.6B1.9B2.4B3.5B4.0B4.2B
Property Plant And Equipment Net784.4M821.5M896.3M1.0B1.2B751.6M
Current Deferred Revenue(476.7M)99.7M147.7M749.0M861.3M904.4M
Net Debt681.2M782.2M730.0M646.5M743.5M600.2M
Retained Earnings858.4M1.1B1.6B2.1B2.4B2.5B
Accounts Payable454.2M590.5M587.9M695.6M799.9M467.9M
Cash38.6M37.6M88.7M310.4M357.0M374.8M
Non Current Assets Total1.1B1.2B1.3B1.6B1.9B1.1B
Non Currrent Assets Other39.0M276.3M289.4M301.8M347.1M364.5M
Cash And Short Term Investments54.2M37.7M339.9M1.0B1.2B1.2B
Net Receivables981.3M1.3B1.6B1.6B1.8B916.6M
Good Will210.2M207.5M217.0M218.2M250.9M189.0M
Common Stock Shares Outstanding11.9M12.1M12.1M12.2M14.1M12.8M
Short Term Investments15.6M90K251.1M697.4M802.0M842.1M
Liabilities And Stockholders Equity3.2B3.7B4.5B6.0B6.9B7.3B
Non Current Liabilities Total304.4M225.8M181.0M215.0M247.3M215.4M
Inventory714.1M764.4M1.1B1.6B1.9B1.9B
Other Current Assets331.8M245.7M167.9M208.1M239.3M130.8M
Total Liab1.6B1.8B2.1B2.5B2.9B1.5B
Total Current Assets2.0B2.5B3.2B4.4B5.1B5.3B
Accumulated Other Comprehensive Income135.1M155.3M227.3M318.2M366.0M384.2M
Short Term Debt476.8M651.5M682.0M616.8M709.4M490.7M
Intangible Assets99.4M95.8M83.3M66.8M76.9M89.6M
Other Liab46.4M61.0M61.3M57.5M66.2M61.3M
Net Tangible Assets806.9M960.4M1.3B1.6B1.8B1.0B
Other Assets22.2M28.5M68.7M115.6M133.0M139.6M
Long Term Debt243.1M117.0M87.5M120.6M108.6M110.5M
Long Term Debt Total169.1M243.1M168.3M136.8M157.3M185.9M
Short Long Term Debt466.5M639.1M667.7M599.2M689.1M544.0M
Property Plant Equipment777.5M784.4M821.5M896.3M1.0B775.4M
Net Invested Capital2.2B2.6B3.1B4.2B4.9B2.8B
Net Working Capital745.3M899.0M1.2B2.1B2.4B2.5B

Also Currently Popular

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.

Additional Tools for Jash Stock Analysis

When running Jash Engineering's price analysis, check to 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.