JGCHEMICALS Inventory vs Retained Earnings Analysis

JGCHEM Stock   458.50  26.00  6.01%   
JGCHEMICALS financial indicator trend analysis is infinitely more than just investigating JGCHEMICALS LIMITED recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JGCHEMICALS LIMITED is a good investment. Please check the relationship between JGCHEMICALS Inventory and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JGCHEMICALS 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 income.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Inventory account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between JGCHEMICALS's Inventory and Retained Earnings is 0.75. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of JGCHEMICALS LIMITED, assuming nothing else is changed. The correlation between historical values of JGCHEMICALS's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of JGCHEMICALS LIMITED are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., JGCHEMICALS's Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from JGCHEMICALS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JGCHEMICALS 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 JGCHEMICALS 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 income.
The current year's Selling General Administrative is expected to grow to about 191.2 M
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.5B1.1B1.1B
Total Revenue6.1B7.8B6.7B6.4B

JGCHEMICALS fundamental ratios Correlations

-0.360.690.130.980.98-0.610.980.890.831.00.770.810.93-0.640.50.81-0.530.610.950.780.11.0-0.4-0.830.87
-0.36-0.820.79-0.48-0.320.95-0.26-0.14-0.73-0.4-0.81-0.77-0.110.750.27-0.790.70.14-0.2-0.80.81-0.361.0-0.03-0.6
0.69-0.82-0.340.720.6-0.950.590.530.960.720.980.960.52-0.930.20.96-0.880.080.50.98-0.370.68-0.83-0.360.75
0.130.79-0.34-0.050.160.570.240.37-0.190.11-0.29-0.240.430.20.78-0.260.350.480.27-0.291.00.130.77-0.53-0.1
0.98-0.480.72-0.050.95-0.690.940.810.830.980.80.830.84-0.630.330.83-0.590.520.90.8-0.080.98-0.52-0.730.87
0.98-0.320.60.160.95-0.561.00.890.780.970.720.770.94-0.620.540.76-0.390.750.990.720.140.98-0.37-0.890.9
-0.610.95-0.950.57-0.69-0.56-0.52-0.4-0.91-0.65-0.95-0.93-0.390.890.0-0.940.81-0.07-0.46-0.950.59-0.610.950.25-0.77
0.98-0.260.590.240.941.0-0.520.910.760.970.70.750.96-0.60.60.74-0.390.750.990.70.220.98-0.31-0.910.88
0.89-0.140.530.370.810.89-0.40.910.670.860.590.650.98-0.540.760.64-0.250.640.890.590.360.89-0.18-0.920.81
0.83-0.730.96-0.190.830.78-0.910.760.670.860.991.00.69-0.950.360.99-0.810.340.70.99-0.220.82-0.75-0.570.87
1.0-0.40.720.110.980.97-0.650.970.860.860.810.850.91-0.690.490.84-0.580.610.940.810.081.0-0.44-0.820.88
0.77-0.810.98-0.290.80.72-0.950.70.590.990.811.00.61-0.950.261.0-0.830.260.631.0-0.330.77-0.82-0.480.85
0.81-0.770.96-0.240.830.77-0.930.750.651.00.851.00.67-0.950.321.0-0.790.330.691.0-0.280.81-0.79-0.550.88
0.93-0.110.520.430.840.94-0.390.960.980.690.910.610.67-0.560.770.66-0.280.740.950.610.410.93-0.15-0.960.82
-0.640.75-0.930.2-0.63-0.620.89-0.6-0.54-0.95-0.69-0.95-0.95-0.56-0.39-0.950.72-0.31-0.55-0.950.23-0.640.770.48-0.81
0.50.270.20.780.330.540.00.60.760.360.490.260.320.77-0.390.30.050.680.610.260.770.50.24-0.840.47
0.81-0.790.96-0.260.830.76-0.940.740.640.990.841.01.00.66-0.950.3-0.790.330.681.0-0.30.8-0.81-0.540.89
-0.530.7-0.880.35-0.59-0.390.81-0.39-0.25-0.81-0.58-0.83-0.79-0.280.720.05-0.790.16-0.28-0.830.39-0.530.690.09-0.43
0.610.140.080.480.520.75-0.070.750.640.340.610.260.330.74-0.310.680.330.160.830.270.480.610.06-0.880.64
0.95-0.20.50.270.90.99-0.460.990.890.70.940.630.690.95-0.550.610.68-0.280.830.640.250.95-0.26-0.940.87
0.78-0.80.98-0.290.80.72-0.950.70.590.990.811.01.00.61-0.950.261.0-0.830.270.64-0.320.77-0.82-0.490.85
0.10.81-0.371.0-0.080.140.590.220.36-0.220.08-0.33-0.280.410.230.77-0.30.390.480.25-0.320.10.79-0.52-0.12
1.0-0.360.680.130.980.98-0.610.980.890.821.00.770.810.93-0.640.50.8-0.530.610.950.770.1-0.4-0.830.87
-0.41.0-0.830.77-0.52-0.370.95-0.31-0.18-0.75-0.44-0.82-0.79-0.150.770.24-0.810.690.06-0.26-0.820.79-0.40.03-0.64
-0.83-0.03-0.36-0.53-0.73-0.890.25-0.91-0.92-0.57-0.82-0.48-0.55-0.960.48-0.84-0.540.09-0.88-0.94-0.49-0.52-0.830.03-0.78
0.87-0.60.75-0.10.870.9-0.770.880.810.870.880.850.880.82-0.810.470.89-0.430.640.870.85-0.120.87-0.64-0.78
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JGCHEMICALS Account Relationship Matchups

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Other Information on Investing in JGCHEMICALS Stock

Balance Sheet is a snapshot of the financial position of JGCHEMICALS LIMITED at a specified time, usually calculated after every quarter, six months, or one year. JGCHEMICALS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JGCHEMICALS 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 JGCHEMICALS currently owns. An asset can also be divided into two categories, current and non-current.