| JBMA Stock | | | 1,545 7.45 0.48% |
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 Liab and its Cash 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 Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JBM Auto Limited Total Liab account and
Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JBM Auto's Total Liab and Cash is 0.94. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash 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 Liab and Cash 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 Liab of JBM Auto Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Liab i.e., JBM Auto's Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash
Cash refers to the most liquid asset of JBM Auto Limited, which is listed under current asset account on JBM Auto Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JBM Auto customers. The amounts must be unrestricted with restricted cash listed in a different JBM Auto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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.