Jash Total Operating Expenses vs Net Income Analysis

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 Total Operating Expenses and its Net Income 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.

Total Operating Expenses vs Net Income

Total Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jash Engineering Total Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jash Engineering's Total Operating Expenses and Net Income is 0.68. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income 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 Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Jash Engineering Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Jash Engineering's Total Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jash Engineering financial statement analysis. It represents the amount of money remaining after all of Jash Engineering Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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
 2021 2022 2023 2024 (projected)
Interest Expense86.1M99.3M110.3M72.4M
Depreciation And Amortization96.9M106.5M107.7M72.6M

Jash Engineering fundamental ratios Correlations

0.740.590.850.990.870.670.670.990.80.810.870.890.870.830.640.460.890.460.990.570.780.851.00.710.29
0.740.570.90.660.860.280.980.660.90.280.890.560.370.910.840.170.40.660.670.620.660.920.720.960.51
0.590.570.670.570.68-0.030.540.640.590.220.660.70.30.740.540.330.330.390.550.70.520.670.590.560.15
0.850.90.670.810.970.450.830.820.940.490.980.750.580.980.750.310.610.470.810.640.871.00.840.90.33
0.990.660.570.810.830.70.580.990.740.850.830.90.920.780.570.480.930.41.00.540.780.81.00.630.23
0.870.860.680.970.830.420.80.840.880.510.970.770.610.970.650.380.650.470.830.650.880.970.860.860.22
0.670.28-0.030.450.70.420.190.670.390.820.440.620.840.360.230.350.83-0.060.72-0.130.510.420.680.310.04
0.670.980.540.830.580.80.190.580.850.160.820.50.260.860.790.170.30.640.590.620.60.860.640.960.46
0.990.660.640.820.990.840.670.580.740.830.840.930.890.80.590.470.90.410.990.560.760.820.990.630.25
0.80.90.590.940.740.880.390.850.740.40.940.690.490.920.780.130.510.520.740.70.80.950.780.880.41
0.810.280.220.490.850.510.820.160.830.40.540.70.980.410.350.360.960.230.850.210.540.490.820.210.19
0.870.890.660.980.830.970.440.820.840.940.540.740.610.960.790.220.640.590.820.680.860.990.860.850.37
0.890.560.70.750.90.770.620.50.930.690.70.740.770.770.440.50.790.230.880.520.70.730.90.590.11
0.870.370.30.580.920.610.840.260.890.490.980.610.770.510.340.451.00.20.920.260.660.570.880.340.1
0.830.910.740.980.780.970.360.860.80.920.410.960.770.510.750.350.540.470.770.640.810.980.820.910.33
0.640.840.540.750.570.650.230.790.590.780.350.790.440.340.75-0.020.340.770.580.570.460.790.620.720.7
0.460.170.330.310.480.380.350.170.470.130.360.220.50.450.35-0.020.48-0.280.490.150.330.270.480.32-0.26
0.890.40.330.610.930.650.830.30.90.510.960.640.791.00.540.340.480.190.930.280.70.60.90.380.07
0.460.660.390.470.40.47-0.060.640.410.520.230.590.230.20.470.77-0.280.190.390.670.280.550.430.450.63
0.990.670.550.811.00.830.720.590.990.740.850.820.880.920.770.580.490.930.390.520.780.810.990.650.24
0.570.620.70.640.540.65-0.130.620.560.70.210.680.520.260.640.570.150.280.670.520.570.670.560.540.3
0.780.660.520.870.780.880.510.60.760.80.540.860.70.660.810.460.330.70.280.780.570.850.780.690.08
0.850.920.671.00.80.970.420.860.820.950.490.990.730.570.980.790.270.60.550.810.670.850.840.90.38
1.00.720.590.841.00.860.680.640.990.780.820.860.90.880.820.620.480.90.430.990.560.780.840.70.27
0.710.960.560.90.630.860.310.960.630.880.210.850.590.340.910.720.320.380.450.650.540.690.90.70.32
0.290.510.150.330.230.220.040.460.250.410.190.370.110.10.330.7-0.260.070.630.240.30.080.380.270.32
Click cells to compare fundamentals

Jash Engineering Account Relationship Matchups

Jash Engineering fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.2B3.7B4.5B6.0B6.3B
Short Long Term Debt Total837.0M719.8M819.8M818.8M800.8M670.1M
Other Current Liab27.6M364.9M356.4M620.4M241.1M185.2M
Total Current Liabilities1.4B1.3B1.6B1.9B2.3B1.3B
Total Stockholder Equity1.3B1.6B1.9B2.4B3.5B3.7B
Property Plant And Equipment Net777.5M784.4M821.5M896.3M1.0B751.6M
Current Deferred Revenue264.5M(476.7M)99.7M147.7M749.0M786.4M
Net Debt806.1M681.2M782.2M730.0M646.5M600.2M
Retained Earnings567.8M858.4M1.1B1.6B2.1B2.2B
Accounts Payable402.0M454.2M590.5M587.9M695.6M467.9M
Cash30.9M38.6M37.6M88.7M310.4M325.9M
Non Current Assets Total1.1B1.1B1.2B1.3B1.6B1.1B
Non Currrent Assets Other53K39.0M276.3M289.4M301.8M316.9M
Cash And Short Term Investments79.0M54.2M37.7M339.9M1.0B1.1B
Net Receivables1.1B981.3M1.3B1.6B1.6B916.6M
Good Will204.4M210.2M207.5M217.0M218.2M189.0M
Short Term Investments48.1M15.6M90K251.1M697.4M732.2M
Liabilities And Stockholders Equity2.8B3.2B3.7B4.5B6.0B6.3B
Non Current Liabilities Total230.1M304.4M225.8M181.0M215.0M215.4M
Inventory611.0M714.1M764.4M1.1B1.6B1.7B
Other Current Assets4.7M331.8M245.7M167.9M208.1M130.8M
Total Liab1.6B1.6B1.8B2.1B2.5B1.5B
Total Current Assets1.8B2.0B2.5B3.2B4.4B4.6B
Accumulated Other Comprehensive Income117.1M135.1M155.3M227.3M318.2M334.1M
Short Term Debt667.9M476.8M651.5M682.0M616.8M490.7M
Intangible Assets90.0M99.4M95.8M83.3M66.8M89.6M
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 Debt93.9M243.1M117.0M87.5M120.6M110.5M
Long Term Debt Total169.1M243.1M168.3M136.8M157.3M185.9M
Short Long Term Debt662.4M466.5M639.1M667.7M599.2M544.0M
Property Plant Equipment777.5M784.4M821.5M896.3M1.0B775.4M
Non Current Liabilities Other1.2M1K11.7M10.7M9.5M5.5M
Net Invested Capital2.0B2.2B2.6B3.1B4.2B2.8B
Net Working Capital393.2M745.3M899.0M1.2B2.1B2.2B

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