| JBMA Stock | | | 1,545 22.75 1.45% |
JBM Auto financial indicator trend analysis is infinitely more than just investigating JBM Auto Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBM Auto Limited is a good investment. Please check the relationship between JBM Auto Total Current Liabilities and its Short Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBM Auto 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 Current Liabilities vs Short Term Debt
Total Current Liabilities vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JBM Auto Limited Total Current Liabilities account and
Short Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between JBM Auto's Total Current Liabilities and Short Term Debt is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of JBM Auto Limited, assuming nothing else is changed. The correlation between historical values of JBM Auto's Total Current Liabilities and Short Term Debt 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 Current Liabilities of JBM Auto Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Liabilities i.e., JBM Auto's Total Current Liabilities and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on JBM Auto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JBM Auto Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Short Term Debt
Most indicators from JBM Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBM Auto Limited 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 JBM Auto 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 1.2
B in 2024, whereas
Tax Provision is likely to drop slightly above 411.8
M in 2024.
JBM Auto fundamental ratios Correlations
Click cells to compare fundamentals
JBM Auto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JBM Auto fundamental ratios Accounts
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Additional Tools for JBM Stock Analysis
When running JBM Auto's price analysis, check to
measure JBM Auto'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 JBM Auto is operating at the current time. Most of JBM Auto's value examination focuses on studying past and present price action to
predict the probability of JBM Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBM Auto's price. Additionally, you may evaluate how the addition of JBM Auto to your portfolios can decrease your overall portfolio volatility.