JGCHEMICALS Net Debt vs Non Current Liabilities Total 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 Net Debt and its Non Current Liabilities Total 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between JGCHEMICALS's Net Debt and Non Current Liabilities Total is 0.81. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Net Debt and Non Current Liabilities Total 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 Debt of JGCHEMICALS LIMITED are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., JGCHEMICALS's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

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
Click cells to compare fundamentals

JGCHEMICALS Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.