JBCHEPHARM | | | 1,735 10.35 0.60% |
JB Chemicals financial indicator trend analysis is infinitely more than just investigating JB Chemicals Pharmac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Chemicals Pharmac is a good investment. Please check the relationship between JB Chemicals Net Borrowings and its Dividends Paid accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Net Borrowings vs Dividends Paid
Net Borrowings vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Chemicals Pharmac Net Borrowings account and
Dividends Paid. At this time, the significance of the direction appears to have very week relationship.
The correlation between JB Chemicals' Net Borrowings and Dividends Paid is 0.29. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of JB Chemicals Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of JB Chemicals' Net Borrowings and Dividends Paid 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 Borrowings of JB Chemicals Pharmaceuticals are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Borrowings i.e., JB Chemicals' Net Borrowings and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from JB Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Chemicals Pharmac 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 JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The JB Chemicals' current
Selling General Administrative is estimated to increase to about 600
M, while
Tax Provision is projected to decrease to under 1.1
B.
JB Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
JB Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JB Chemicals fundamental ratios Accounts
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Other Information on Investing in JBCHEPHARM Stock
Balance Sheet is a snapshot of the
financial position of JB Chemicals Pharmac at a specified time, usually calculated after every quarter, six months, or one year. JB Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JB Chemicals 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 JBCHEPHARM currently owns. An asset can also be divided into two categories, current and non-current.