JGCHEMICALS Non Current Assets Total vs Common Stock Shares Outstanding Analysis

JGCHEM Stock   431.75  2.85  0.66%   
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 Non Current Assets Total and its Common Stock Shares Outstanding 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.

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JGCHEMICALS LIMITED Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JGCHEMICALS's Non Current Assets Total and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding 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 Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of JGCHEMICALS LIMITED are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., JGCHEMICALS's Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

-0.360.690.130.980.98-0.610.980.890.831.00.770.810.93-0.640.50.82-0.530.610.950.780.11.0-0.4-0.830.87
-0.36-0.820.79-0.48-0.320.95-0.26-0.14-0.73-0.4-0.81-0.77-0.110.750.27-0.780.70.14-0.2-0.80.81-0.361.0-0.03-0.6
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
0.130.79-0.34-0.050.160.570.240.37-0.190.11-0.3-0.240.430.20.78-0.260.350.480.27-0.291.00.130.77-0.53-0.1
0.98-0.480.72-0.050.95-0.690.940.810.830.980.80.830.84-0.630.330.84-0.590.520.90.8-0.080.98-0.52-0.730.87
0.98-0.320.60.160.95-0.561.00.890.780.970.710.770.94-0.620.540.78-0.390.750.990.720.140.98-0.37-0.890.9
-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
0.98-0.260.590.240.941.0-0.520.910.760.970.690.750.96-0.60.60.76-0.390.750.990.70.220.98-0.31-0.910.88
0.89-0.140.530.370.810.89-0.40.910.670.860.580.650.98-0.540.760.66-0.250.640.890.590.360.89-0.18-0.920.81
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
1.0-0.40.720.110.980.97-0.650.970.860.860.810.850.91-0.690.490.85-0.580.610.940.810.081.0-0.44-0.820.88
0.77-0.810.98-0.30.80.71-0.950.690.580.990.811.00.6-0.950.250.99-0.840.260.631.0-0.330.76-0.83-0.470.84
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
0.93-0.110.520.430.840.94-0.390.960.980.690.910.60.67-0.560.770.67-0.280.740.950.610.410.93-0.15-0.960.82
-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
0.50.270.20.780.330.540.00.60.760.360.490.250.320.77-0.390.310.050.680.610.260.770.50.24-0.840.47
0.82-0.780.96-0.260.840.78-0.940.760.660.990.850.991.00.67-0.950.31-0.770.350.70.99-0.290.81-0.8-0.560.9
-0.530.7-0.880.35-0.59-0.390.81-0.39-0.25-0.81-0.58-0.84-0.79-0.280.720.05-0.770.16-0.28-0.830.39-0.530.690.09-0.43
0.610.140.080.480.520.75-0.070.750.640.340.610.260.330.74-0.310.680.350.160.830.270.480.610.06-0.880.64
0.95-0.20.50.270.90.99-0.460.990.890.70.940.630.690.95-0.550.610.7-0.280.830.640.250.95-0.26-0.940.87
0.78-0.80.98-0.290.80.72-0.950.70.590.990.811.01.00.61-0.950.260.99-0.830.270.64-0.320.77-0.82-0.480.84
0.10.81-0.371.0-0.080.140.590.220.36-0.220.08-0.33-0.280.410.230.77-0.290.390.480.25-0.320.10.79-0.52-0.12
1.0-0.360.680.130.980.98-0.610.980.890.821.00.760.810.93-0.640.50.81-0.530.610.950.770.1-0.4-0.830.87
-0.41.0-0.830.77-0.52-0.370.95-0.31-0.18-0.75-0.44-0.83-0.79-0.150.770.24-0.80.690.06-0.26-0.820.79-0.40.03-0.64
-0.83-0.03-0.36-0.53-0.73-0.890.25-0.91-0.92-0.57-0.82-0.47-0.55-0.960.48-0.84-0.560.09-0.88-0.94-0.48-0.52-0.830.03-0.78
0.87-0.60.75-0.10.870.9-0.770.880.810.870.880.840.880.82-0.810.470.9-0.430.640.870.84-0.120.87-0.64-0.78
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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.